Are Building Inspectors Costing Vendors Sales?

Building inspection reports are sometimes blamed for buyers withdrawing their interest in a property.

Occasionally it’s true but most of the time it’s not. Buyers often walk away for a combination of reasons. However, there are occasions when a building inspector scares off a buyer to benefit themselves.

You see, building inspectors have a common problem: they mostly get engaged by buyers who only stay customers until they buy a property. This means inspectors need to constantly find new customers and this takes time and money. However, some inspectors have realised that there is an easy way to get two, three or more inspections from each buyer.

How?

These inspectors tend to be very critical of the first property (or two) they inspect, making those properties look very risky. We know of situations where inspectors have said things like “If it was my decision I wouldn’t touch this place” or “This isn’t a good property – but don’t worry, we’ll find you one”. These comments are backed up with a report that has a list of defects as long as your arm.

The buyer thinks the inspector is saving them from buying a lemon but in reality they are being fleeced, and don’t even know it.

How can you avoid this happening?

For sellers, the most frustrating thing about building inspections is that you have no control over this process. While most building inspectors are ethical, some can kill your sale. And because buyers do not have the knowledge or expertise to question what the inspector is telling them, their decisions can be influenced without the inspector being accountable.

So here is what you can do.

One way to avoid an unpredictable inspection is to take initiative and get one done before you start marketing your home. By being aware of defects at your property, you will have an opportunity to get some fixed before you sell. And if the service is provided well, it will also make you feel a lot less stressed about the whole process of selling your home.

Our Open Access Inspections service is designed to make it easier and cheaper for buyers to check out your place and move to the next stage of the buying process faster. An important feature of our service is that buyers access the inspection report directly from us so they can get proper follow up support from the inspector. Handing out free reports to buyers is a bad idea for these 7 Reasons.

Want to make sure your house is ready for an inspection?

Get some helpful tips from Rob Palmer.

Want your property inspected?

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Best Regards,
The EYEON Property Inspections Team

At EYEON Property Inspections, we help you buy and sell with more confidence.