Scheduling Inspections & Preparing for RTI Negotiations
Great, you've got the property under contract. By now, you (or your T/C) is working on emailing the lender, buyers, sellers, agents, etc.
The next step is to schedule the inspections. This is often considered the toughest part of the transaction- working through inspections can be an emotional process for buyers AND sellers.
AGENTS MUST TAKE EXTREME OWNERSHIP OF THE INSPECTION PROCESS, INCLUDING THE SCHEDULING, OBTAINING/ RECEIVING THE REPORTS,
Click HERE for a list of preferred vendors in your area.
As an agent, it's always your job to ensure that:
- Inspections get scheduled
- Communication with buyers about the vendor they want to use and offering vendors
- Ensuring that the inspections occur in a timely manner and responses are sent to the listing agent and seller for consideration
Note: it is extremely important that these timelines are met and followed. Failure to schedule inspections and/ or respond to the seller with the reports along with request for repairs can put your buyer at a major disadvantage and could end up causing your buyer to move forward with purchasing a home without the right to ask for repairs, or worse, buying a home they no longer feel comfortable or confident in.
We recommend sending an email to the chosen vendor and CC'ing the clients on the email. Something simple and straightforward like this works best:
"Hi Matt,
This is Cody from EXIT Realty Unlimited. I am working with my buyers John and Mary on the purchase of a home at 123 Main St, Dubuque, Iowa. Would you be available to perform a <insert> inspection this week? Our response to inspections deadline is xx/xx/xxxx.
Thanks!
Cody