Real Estate Agents Answer: How Can Buyers Ace Post-Inspection Negotiations?

Photocredit: GettyGetty

Most buyers, especially first-timers, may not realize that the negotiations don’t stop once an offer has been signed. You still have to get through post-inspection negotiations, too. Just like any other part of the deal, these discussions need to be handled with care in order for the transaction to continue moving forward. With that in mind, we asked agents to share their best tips for how buyers should handle post-inspection negotiations. Here’s what they had to say.

Hire a qualified inspector from the start

“Always have your inspector go through the property with a fine-toothed comb. Find someone that has been in the business long enough where they know what to look for and how to properly document any issues. When we have a thorough inspection done, where we can back up issues with pictures and facts, we can then properly use the information to form a plan of negotiation that results in the best scenario possible.”

– Talbot Sutter, President and Broker of Sutter & Nugent Real Estate

Schedule it early

“Schedule the inspection early in the escrow period. Chances are that you may need to return to the property with a specialist to address a specific issue with the home and get an estimate for your negotiation. If you wait until the negotiation window is near expiration to have your initial inspection, you may run out of time for any follow-up visits. In this case, it’s better to be safe than sorry.”

[“source=forbes]