It simply doesn’t make sense to wait until all parties are under contract to discover potential problems with the property
San Diego, CA (PRWEB) June 30, 2010
The Clear House, LLC recently launched http://www.ClearHouse.net, a web service that allows home buyers to view a detailed inspection report before making an offer and gives home sellers a new way to market their property. ClearHouse.net assigns a top-tier local inspector to conduct a pre-listing inspection of a property, and posts the report online, along with a list of any fixes made by the seller. The system benefits sellers, buyers and agents by adding transparency and efficiency to a crucial component of every real estate transaction.
Despite all the recent headlines about the housing market, surprisingly little attention has been paid to one of the most critical phases of any home sale: the inspection. In a typical real estate transaction, the inspection is conducted only after an offer has been accepted and the property is under contract, when time is most scarce and tensions are highest. “It simply doesn’t make sense – for the buyer, seller, or agent – to wait until this critical juncture to discover potential problems with the property,” says ClearHouse.net co-founder Adam Lowe.
By using ClearHouse.net to get a pre-listing inspection from a highly qualified and independent inspector, sellers and their agents know precisely what they are selling, and can make repairs or adjust the asking price accordingly. The inspection report can be used to market the property and virtually eliminate the risk that a buyer will back out of a deal. If a buyer chooses to hire their own inspector as well, and their report leads to a killed deal, ClearHouse.net refunds the entire cost of the pre-listing inspection to the seller.
ClearHouse.net screens all existing local inspectors based on experience, credentials, and insurance. Less than 20% of inspectors meet ClearHouse.net criteria, and the company does not charge inspectors to be in its network. This independence and quality screening ensures that buyers can trust ClearHouse.net reports as unbiased and accurate.
The ClearHouse.net model also has the potential to alter the foreclosure landscape. Not all foreclosures are equal, but they all suffer from a significant pricing stigma, as potential buyers rightly expect a risk discount. With a ClearHouse.net report, better maintained houses, whether or not they are foreclosures, can be differentiated from the truly dilapidated properties that drag down all prices in many markets.
The concept of a pre-listing home inspection is not revolutionary. Savvy home sellers have been getting them for years and the practice is already mandated by law in the city of Minneapolis. ClearHouse.net integrates the concept with independence and online convenience to bring this common sense solution to the entire country.
The Clear House, LLC is based in San Diego, CA and was founded by Adam Lowe, an engineer, and Nick Liebman, an economist. For more information about the company and its services, please visit http://www.ClearHouse.net or call (888) 881-7211.
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