Home inspections are an essential component of real estate transactions for millions of buyers, sellers and real estate agents, banks, and mortgage brokers. Whether someone is shopping for a previously owned home or a brand new house, an inspection provides insight into the condition of the home that person is buying. If a homeowner is putting his/her house on the market, an inspection helps hasten the sale and can even generate a higher price! For the REALTOR®, a professional home inspection – whether buying or selling – serves as an ideal marketing tool that also helps protect against post-closing hassles. It’s a win-win situation for all parties involved.
AmeriSpec – Canada’s leading home inspection company – has worked with tens of thousands of real estate professionals over the years, so we hear first-hand how beneficial it is to having a home inspection. They’ve reported:
- Reduced liability
- Less buyer discomfort
- Curtailed buyer remorse
- Improved image and credibility
- Less litigation
- More sales
- Less negotiation
- Reduced selling time
Home inspections offer a competitive edge, especially when selling a home. With a detailed home inspection report in hand, the real estate professional doesn’t need to continually overcome buyer objections related to the condition of the property. If the inspection findings are taken into account when determining the asking price, a buyer is discouraged from negotiating a lower price.
As well, depending on the findings from the inspection, it gives the seller a chance to enhance the appearance and condition of the property before it reaches the market.
And to supplement AmeriSpec’s traditional pre-listing or seller-side home inspections, First Canadian Title has partnered with AmeriSpec to offer the Certified Resale Home in limited areas of Canada. You can find out more about this service here.
Overall, a professional home inspection report lends credibility and stature to the image of the real estate professional and it says the brokerage and its real estate professionals are genuinely concerned with the best interests of both buyers and sellers.
Plus, a home inspection helps curtail buyer’s remorse, possible litigation, and even claims against errors and omissions liability insurance. Consequently, inspections can have a decidedly positive impact on the insurance rate and liability of brokerages.
And with such a positive buying and selling experience, it would only encourage referrals to the real estate professional.
All in all, a professional home inspection benefits all parties involved in the real estate transaction. For further information, contact one of our AmeriSpec of Canada home inspection experts at 1-866-284-6010 or www.amerispec.ca.