Presenting a List of Requested Repairs for a Contract
Correct way to Present List of Requested Repairs
There are always at least 2 ways to do things -- the correct professional way and the slack way.
Buyer A has a ratified contract on Seller B’s property. Buyer A has managed to get a “real deal” on the property.
Buyer A is represented by Agent A and Seller B is represented by Agent B.
The ratified contract is contingent upon home inspection being satisfactory to the Buyer A.
Buyer A hires a home inspector who does a very thorough job of the inspection -- his report is full of repair items -- most of the repair items are insignificant -- things like a cracked switch plate, etc.
Agent A then submits to Agent B the home inspection report and says “Fix everything on the report”.
The home is 15 years old, so there are going to be some small items -- any buyer should expect this.
In my opinion as a broker-in-charge, giving a home inspection report and saying “Fix everything on the report” is most unprofessional and says that Agent A is taking the lazy way out.
Agent A who is representing Buyer A should go over the report with Buyer A and they should make a list of the items that the Buyer A really needs to have repaired.
Then this list of items should be presented to Agent B who will then present to Seller B. Seller B is much more likely to try and handle all on the list if presented in this fashion.
I’m just saying ---- let’s be professional and do our job.