The benefits of ordering an appraisal and an inspection when
initially listing the home can make the entire marketing process
move smoother and quicker.
Establishes Objective Value
The price is not merely set by the seller but
placed on the home by a disinterested third party whose profession
is to value property.
Validates List Price
If the appraisal and the list price are the same,
there is less likelihood that the buyer will discount the “asking
price.”
Establishes Basis for Comparison
The appraisal and inspection can be used to compare
with subsequent reports and can help to validate or challenge their
findings.
Creates Awareness of Condition of Home
A third party inspection of the home by an inspector
will identify areas that need attention and serve as a marketing
tool to buyers to give proof to the condition. It can also be used
to challenge claims that the buyer’s inspector might make.
Anticipates Potential Problem Areas
If certain things are identified by the first
inspection, it gives the seller the opportunity to repair them at
competitive rates instead of possibly having to rush to get them
done prior to closing.
Saves Time
By understanding what might need to be done to
a home early in the marketing process, it can save critical time
between the contract and closing.
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