Buying a property is a big investment so it makes sense for potential homeowners to inspect all aspects of a property before making a purchase. They don’t want to be bogged down by repairs or unexpected problems as soon as they move in. Real estate agents always recommend inspections to property sellers and buyers.
Building and pest inspections are comprehensive assessments of the property. During this process, experts identify vulnerabilities and provide a detailed report to clients. Here are some of the biggest advantages of this process:
Inspections provide in-depth information about the property, which gives both buyers and sellers an idea on how to negotiate for the right price. For example, if the property has some major flaws, the buyer can bargain and bring the cost of the property down. If the property is in great condition and the report doesn’t reveal too many problems, sellers can increase the price accordingly.
Sellers and their real estate agents see dozens of prospective buyers regularly, especially if the property is in a thriving real estate market. Most of these prospective buyers don’t have a serious intention to buy a property and are just window shopping. Sellers don’t take negotiations very seriously until they are certain they have a serious buyer. Inspections are a clear indication that a buyer is really intent of making a financial commitment. This ensures sellers will place their cards on the table and carefully consider a buyer’s offer.
Building and pest inspections protect your client’s interests. The inspection will reveal flaws, cover-up repairs, serious pest infestations, etc. You can look at the information and explain the implications of it to clients in detail. They will know if they’ll have to spend a large amount of money on repairs in the near future. Collecting this information beforehand ensures clients aren’t caught off-guard or have paid more for a property than they needed to.
Some buyers, sellers, and even real estate agents believe inspectors create problems during the purchase/sale process. These professionals actually solve problems by pointing out flaws that need to be addressed quickly. They will identify repairs that should be considered a priority, recommend solutions, and offer advice on how to handle the issues mentioned in their report. This can help ease the property transfer and speed up negotiations.
Agents dedicate a lot of time and resources to find the best property for their clients. Most of this work happens behind the scenes and clients are unaware of how much research or networking is involved. Inspections show them just how much you care about their welfare. It helps cover all aspects of the purchase process and helps clients trust your opinion.
Hiring the right inspection company can make a big difference. You need someone trustworthy and reliable. Here are some reasons why we should be your first choice:
At InspectIt First, our goal isn’t to sell you anything, but to help you get the best possible deal on a property sale or purchase for your client. We make it easier to set a good price and provide clients with some negotiation leverage. Our inspections are thorough and straightforward so if you want honest advice, just give us a call today at 1300 557 047!
Thanks for reading,
Inspect It First Team
1300 557 047