Quote:
Originally Posted by dvalley
What are the advantages of quoting repair estimates to Buyers anyways?
I highly recommend letting the professionals do their job and let them give the estimations of repairs. Contractors purchase building materials and deal with billing homeowners every day of the week, we HI's don't.
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The advantages are that the Real Estate contracts, in some cases, and until most recently, all cases, had a dollar figure that would allow the buyer out of the contract.
Now, it is something to the effect of a "satisfactory" inspection, whatever that is!
Some of us, have actually done the work and not just taken a home inspection course, and then unleashed on the public. Some of us know exactly what it is going to cost.
If you do not provide estimates in your report here, the Clients will start hiring contractors to do their inspections. At least that is the way it has been, and, most likely probably will be.
To the poster above, "estimates" are just that "estimates". They are not costs. There is a difference.
I have never heard of a case, here in Florida, where an inspector was held responsible for estimates being inaccurate, especially if it is specifically stated in the report.