Navigating an Inspection Contingency It is understandable to not want to be nickeled and dimed by a buyer. Keep in mind that it may be worth a few nickels if they’ve offered you a whole bunch of dimes over your asking price. That being said, how do you keep an average buyer from doing this? This goes all the way back to the “preparing your home for sale” section (pg 13). There can be little things like getting your furnace checked ahead of time that can save you a whole bunch of money later. Every home will still have lots of little things show up in inspection you may have missed when getting your home ready. That is okay; every home has them!
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To maximize your sale price, you will need to be okay with fixing life safety items such as: electrical, plumbing, gas, and structural issues. Almost any buyer will request these items to be fixed if they come up during inspection. The other items you will want to be willing to take care of are items not common for a home’s age such as: nonoperational windows, doors, garage doors, fireplaces and appliances, just to name a few. You also want your agent to communicate to the buyers agent at the time you are accepting the offer that you are okay with taking care of those items, if they arise. However, state that you are not interested in fixing non-safety related items such as cosmetic repairs or upgrades the buyer would like.
THE SMART SELLER
