Could you guess for some reasons why a listing agent would order termite report before mls listing? Do you order these report before hand? I thought that they want the buyer to pay for these and wouldn’t bother paying for the termite report, what are incentives for them to do the report then??
Thank you for your answers.
kibu[/quote]
I will try to add without being reiterative of the other agents.
When I represent buyers, the seller generally pays for the inspection or the clearance (meaning inspection plus repairs).
If you order an inspection ahead of time, then as a seller you know what repairs are needed and so does the buyer.
This eliminates a large amount of the unknowns for a seller figuring out what he will net with an offer.
In this way, it helps a seller better evaluate the offers he receives.
If it is a short sale or REO, then (which are typically “as-is”) then it helps the buyer determine whether or not this purchase is worth pursuing.
Also, generally termite inspectors cost less than $100 and bill out of closing (which means you don’t have to pay them to come out unless the sale actually happens).
