We’ve all heard of pre purchase building inspections. But did you know, when selling a property in Australia, getting a pre sale building inspection can be a strategic move?
But is it really necessary? And what are the pros and cons? Here’s what to consider when making your decision.
What Is a Pre Sale Building Inspection?
A pre sale building inspection is a thorough check-up of your property before you list it for sale, to identify any structural issues or damage that could affect the value or sale of your home. Think of it as getting a full health report on your house – so you’re aware of any potential problems that may need fixing.
Isn’t the Inspection up to the Purchaser?
A pre sale building inspection can help you avoid any surprises when buyers bring in their own inspectors, and give you a clear understanding of your property’s condition and value. You then have the chance to fix any issues, or factor them into your selling price.
It’s about transparency and can also speed up negotiations, as buyers won’t need to wait on their own inspections to come to a decision.
Your Building Inspection Report
A pre sale building inspection assesses the overall condition of your property, alerting you to any defects such as cracks or rising damp. Afterwards, you’ll get a report outlining any issues found so you can decide whether to fix them before listing your property for sale.
At Trimax Building Inspections, our independent inspectors can also check for pest damage and activity utilising advanced Termatrac T3i All Sensor technology. This is highly recommended to avoid the costly consequences of undetected termites or other pests.
A List of Pros and Cons
Pros:
- Builds Trust: Potential buyers are generally more confident when they see a seller being transparent about the property’s condition.
- Gives You Control: You can address any issues before listing.
- Quicker Sale: With all the information upfront, the sale process can move more quickly.
- Justifies Asking Price: A solid inspection report can back up your property’s value.
Cons:
- Cost: The seller foots the bill. However, consider it an investment for a potentially quicker sale.
- Disclosing Issues: If major issues are identified, you may have to fix them or lower your asking price – but wouldn’t you rather know sooner, than later?
- No Guarantees: Even after you’ve addressed any problems, buyers might still want their own inspection, adding more layers to the process.
Building and Pest Inspection Brisbane Southside
Ultimately, a pre sale building inspection is a small investment that puts you in control, and can lead to a smoother, faster sale. And when it comes to selling, well… the fewer surprises, the better!
Looking to buy or sell a property on Brisbane’s southside, including Redlands or Logan? Trimax Building Inspections provide professional inspection reports that you’ll actually understand. Contact us today for a free quote