Real Estate Fight Club header image 1

Real Estate Fight Club

21
Sep 2020

Episode 52: Should the Entire Inspection Report Be Shared?

September 21, 2020

On this episode of the Toe-2-Toe Podcast, hosts Jenn Murtland and Monica Weakley take no prisoners when they duke it out over whether or not the buyers agent should send the entire inspection report, or just pieces of it. Jenn thinks the entire thing should be sent with all the repairs while Monica just wants to see what she needs to see!

Episode Highlights: 

  • Monica believes it’s rude to send the whole thing and only wants to see what she needs to see.
  • Jenn believes the entire report should be sent in order to understand what the requests are.
  • Sellers can feel relief when only a few things are requested.
  • Inspectors may or may not have everyone’s best interests in mind.
  • Some inspectors look to blow up deals so they can double their income.
  • Communication with the other agent is incredibly important when negotiating a deal.
  • If someone doesn’t want the full report, then they don’t need to get it.
  • There is no standard in the business on whether the entire thing should be sent or just pieces of it.
  • Inspectors need to be licensed in order to ensure proper inspection.
  • There are as many good inspectors as realtors.
  • Not everyone needs everything that is broken to be fixed.
  • Staying aware of why you are doing what you are doing is a great way to be successful.
  • TJ Gausman is out of Cincinnati and works with Keller Williams.
  • TJ is team Murtland on this issue and believes that the entire inspection report should be sent.
  • Getting the whole thing is easier because you don’t have to piece the picture together.
  • Most inspectors are good enough that you are not going to slip anything past them.

3 Key Points:

  1. Getting all of the information helps the listing agent understand everything that the buyers actually want.
  2. If the inspection is going to completely blow up, ask your sellers if they really want to see it.
  3. The inspection is subject to the level of expertise of the inspector.

Resources Mentioned: