When selling a property, the thought of a buyer’s survey can be nerve-wracking. It’s their chance to spot any hidden problems before sealing the deal. However, even if the survey reveals issues, it doesn’t have to derail your sale. Here’s how to manage the outcome calmly and strategically.
Firstly, don’t panic. It’s quite common for surveys to highlight something. Few properties are perfect, and many reports simply point out maintenance tasks or minor defects. Wait for the full details before making any decisions, as some issues may sound alarming but are easily resolved.
Next, understand what’s been found. Carefully review the report and, if needed, ask your solicitor or a builder to help interpret it. Common findings include damp, roof wear, outdated electrics, or structural cracks. Understanding the scope and severity will guide your response.
Be open to discussion. Buyers might request repairs, a price reduction, or contributions towards future work. Being open to reasonable negotiation shows goodwill and helps keep the deal on track.
If the buyer’s claims seem excessive, get quotes and evidence. Obtain independent quotes for repairs to provide solid grounds for discussion and reassure the buyer of your fairness.
Don’t forget to highlight the positives. Balance the conversation by reminding buyers of the home’s strengths—such as its location, character, or recent upgrades. These often outweigh the negatives.
In summary, a survey doesn’t have to derail your sale. With clear communication, evidence, and a cooperative approach, you can overcome any bumps in the road and move smoothly towards completion. If you need guidance through the selling process, we at Maddisons Residential are here to support you every step of the way.
If you need advice and help on buying or selling a property, please contact us to speak with one of our award-winning team who will be able to help you.
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