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SOME REALTOR® STATISTICS

The majority of home buyers (77%) had a home inspection prior to purchasing their home.

REALTORS® reported that 84% of home buyers requested a home inspection as part of their contract.

Almost all REALTORS® (99%) recommend a home buyer to have a home inspection.

Most REALTORS® (84%) have not had sellers contracts terminated as a result of an inspection.

Source:

NAR & ASHI 2001 Home Inspection Study

 (American Society of Home Inspectors, Feb. 2001).


 

SHOULD REALTORS RECOMMEND HOME INSPECTIONS FOR LISTINGS AND SALES?

YES, for the following reasons:

  • PROTECT YOURSELF
    • By having a home inspection done, you the Realtor are not having to put yourself on the line by indicating anything about the property that you do not specifically know. Let the inspection indicate conditions of the systems inspected.
  • PROTECT YOUR CLIENT
    • Having a home inspection done will help both your buyer and seller be informed about the property's condition. Simply knowing of issues can help put minds at ease as well as have impending problems taken care of before it is too late.
  • SAVE TIME, MONEY, YOUR REPUTATION
    • Get a Pre-Listing Inspection done and save the time, aggravation, cost of keeping a listing too long and above all, your reputation. Having issues brought to the surface as soon as possible will help everyone in the long run.
  • HAVE YOUR SELLER FIX PROBLEMS BEFORE BUYERS COME THROUGH
    • Fixing issues that might cause a buyer to either offer less or back out will benefit all persons involved in a contract of purchase and sale. A pre-inspected home will help guarantee a higher list and sale price, but will also be more attractive to prospective buyers, thus resulting in a quicker sale.
  • INSPECTIONS DO NOT INDICATE WHETHER A HOUSE IS A GOOD DEAL
    • An inspection report, regardless that problems are found or not will be written in such a way as to be completely unbiased. There is no mention of whether the house is a good deal or should be purchased or not. SImpy, issues are laid out and recommendations are made.

 

 

 

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