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Clear House: The Future of Real Estate Pre-Inspections?

9/2/2011

8 Comments

 
I recently videoblogged for LogoTV about the importance of sellers getting a pre-inspection. This caught the eye of Adam Lowe, founder of Clear House, who reached out to me. During his own home buying experience, he asked, "Why should the condition of the house be a mystery to both the seller and the buyer until both parties have signed a contract?"  What a great question!  This lead him to create a site that "ensures that all parties can trust the information and avoid the stress, expense and time wasted with a traditional buyer’s inspection."  

In real estate meccas like San Francisco, pre-inspections are practically a prerequisite for any listing. Buyers have the luxury of knowing the general condition of the property before making an offer.  Wouldn't knowing if a house had $50,000 worth of foundation work make a difference in a buyer's price?  This shouldn't be a luxury; it should be a basic requirement.  In many parts of the country, buyers do not even get the seller's disclosures until after they get into contract, much less any inspections! Tsk, tsk!

Hopefully Clear House is part of a larger trend in the real estate industry, where both buyers & sellers are apprised of a property's condition from the get-go. Pre-inspections can save everyone a lot of heartache & painful negotiations mid-escrow. They allow the seller to repair (or at the least disclose) defects and they put the buyers on notice of what to expect in their purchase. 

Check out how it works below! Thanks for the heads up Adam! Good luck! 
Share
8 Comments
Chris link
9/5/2011 12:08:48 am

You know, Iv'e been doing pre-inspections on my listings for the past two years. Sold over 15 on the listing side. I am seeing problems on the inspection, Pitting my inepsetor agains the buyer's inspector or even pitting my professional HVAC,Electrician's work against a buyer's opinion.
Clearhouse seems to be a good neutral place to put the home inspection what is done in response. This Clearhouse could even grow to include a group of qualified professionals to dothe repairs. Wait a minute, that should be another independent group as well.

Reply
herman chan link
9/5/2011 03:43:46 am

congrats on the 15 listings!
yes sometimes we get caught in the middle, anything that offers more neutrality to transaction is always a good thing

thanks chris!

Reply
Brendan Charles
9/20/2011 11:22:38 pm

Seems to make great sense and what a great way to differentiate your listing from other listings.

Reply
herman link
9/21/2011 01:24:38 am

thx brendan. maybe this company is onto something! :-)

Reply
Mill Hill Lettings link
7/26/2012 07:38:05 pm

Great stuff from you, man. I’ve read your stuff before and you're just too awesome. I love what you've got here, love what you're saying and the way you say it.

Reply
herman
7/26/2012 07:43:47 pm

thanks Mill Hill!

Reply
Timberframe barn builders link
8/5/2012 09:00:54 pm

This is one of the most incredible blogs I've read in a very long time. The amount of information in here is stunning. Thanks

Reply
home repair link
8/7/2012 07:15:41 pm

Excellent post. I used to be checking continuously this blog and I'm impressed! Very helpful info specially the last phase I handle such info much. I used to be looking for this particular info for a long time. Thanks and best of luck.

Reply

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