When agents don’t understand what inspectors look for, big warning signs and easy to negotiate inspection issues they are poor negotiators, don’t advise sellers correctly, and lose buyers that they could have closed. Getting them up to speed will build their confidence and open doors that will increase your bottom line. Here is an easy way to do it: Put them with an INSPECTOR who will grant them a follow along. They need to know so they don’t feel/look foolish. At a minimum they should know:
Different types of inspection reports.
What does a Four Point cover?
What does a Wind Mitigation Inspection cover?
What does a Mold Inspection cover?
What does a Termite Inspection cover?
What type of report or reports are needed for single family homes, condos, co-ops, ect.
How to read a wind mitigation report and why is it important for insurance?
The difference between “straps,” “toe nails,” and other connections.
General roofing materials and durability.
How to read a Four Point inspection.
Signs of water damage on ceiling, trim, and walls
How to date and size and A/C unit
Which electrical panels are red flags or not accepted by insurance companies
What electrical outlets are up to code.
Polybutylene plumbing and what it means to remediate.
Signs of mold, when to alert buyers or sellers to get a mold inspection.