5 Home Inspection Red Flags
A home inspection is invaluable to your buyers, especially because it can pinpoint problems that are potential deal breakers. Help your clients avoid buying a white elephant—and incurring expenses that come with it—by giving them a heads up about these particular issues.
Once termites make themselves at home, getting rid of them is tricky. The sooner they are detected, the less damage done. Termites can come back, so advise your clients to hire a professional pest control expert to keep termites away for good.
Poor drainage can lead to rotting wood, wet basements and major mold growth, which can spell long-term moisture issues. Let clients know they can help prevent water damage by replacing the gutters or correcting the grading. However, that may not be enough to solve bigger drainage problems.
Cracked or crumbling foundation.
While older homes have lots of charm, their foundations can become weak or damaged over time. Make sure your clients know the expense of repairing a foundation can range from moderate to incredibly expensive.
There’s a huge difference in price between a roof repair and a roof replacement. If asbestos is a factor, the expense is generally greater due to costly disposal and containment processes.
Toxic finishes, like lead, paint and Chinese drywall, can lead to expensive repairs. Chinese drywall is a relatively new material that was used mostly between 2004-2005. It gives off sulfur gases, which can lead to illness as well as damage to home systems. The fix is to have it completely removed and replaced at a cost of about $40/sq. ft.
American Home Shield is providing the information for general guidance only. Due to the general nature of the property maintenance and improvement advice in this material, neither American Home Shield Corporation, nor its licensed subsidiaries assumes any responsibility for any loss or damage which may be suffered by the use of this information.
Realty Trivia Challenge
What is considered the most expensive house ever built?
A. Bill Gates’ House in Medina, Washington B. Donald Trump’s Mar-A-Lago in Palm Beach, Florida C. William Randolph Hearst’s Ranch in San Simeon, California
Home Pricing Strategies For Your Clients
How you price your properties is an important part of your marketing plan and can have a large impact on the success of your business. Here are a number of strategies you can offer your clients to help motivate buyers and move your properties.
Holiday Decorations: Desirable or Distracting
Your sellers have decked out their yard with Santa, his reindeer and an inflatable snowman that towers over the roofline. You don’t want to be a Scrooge, but should you ask your sellers to tone it down? Or can a grand show of holiday spirit actually help make a sale?