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by eddyfromtheblok 955 days ago
I've had good inspectors who point out everything wrong with a place. I cancelled offers based on their reports. Recently, however, I was on the way to the inspection and had a flat tire, so I was late, both seller and buyer agents were there with the inspector and my agent made sure to tell a different inspector what questions I had from the previous one, and completely missed on the inspection report that the outdoor electrical socket did not have GFCI and it actually had visible burn marks on the paint, also they didn't report that there was no carbon monoxide detector. Just very basic stuff that should be addressed before the transaction is finalized and is part of the negotiation and can lower your price some when the seller doesn't want to fix everything. I suspect that my agent implied that I was putting a lot of stock into their report and pushing him to minimize issues while I wasn't there.

The good inspectors told me about a condo loft that had plumbing issues throughout, probably a $5000 repair, and at a house, a sagging pier and beam foundation causing all sorts of problems.

1 comments

That seems to highlight the problem with agents, they are supposed to represent your interests but they actually only want the sale to close so that they make their commission. That is how they get paid; that is their incentive.