HomeSafe Advanced Home Inspections

An extract taken from a lessor website written by Grant Gunston addresses the CPA and the new responsibility it places on estate agents and the seller in insuring disclosure of all material facts pertaining to the sale ( including a synopsis of the property condition) is carefully presented to the buyers.

http://www.lessor.co.za/2010/10/consumer-protection-act-will-impose-new-responsibilities-on-estate-agents/ 

This is well written and easy to understand interpretation of the responsibilities of the agent under the CPA.

There are any that think this act still need to be tested in court. Do you want to be the agent or seller that goes into the law books as a windfall case . HomeSafe Property Inspection ensures disclosure by providing all the material facts pertaining to the property condition.

This will provide clarity , remove the risk of non disclosure and provide a smoother path for the deal process to succeed and remain in place.

www.homesafeinspection.co.za will provide you all the detail you need. Dowload a sample report and assess the inspection report and how useful it can be to the deal process. Starting at just R1500 and averaging R10 per square meter inspected , this represents less than 0.2 % of an average deal value and is a small price to pay to be sure your client relationships remain sound and professional long term.

Kevin Harris

HomeSafe

www.homesafeinspection.co.za

The Consumer Protection Act implemented as of 1 April in a minefield of change for property practitioners to understand and implement in their business. The bottom line is it does require agents to take better care of disclosure of all facts , including the condition of the property being sold. 

The EAAB and the DTI have recently sent out a checklist that requires the seller to make uneducated ( in most cases ) guesses pertaining to  the major components of the property , ant to comment on possible problem areas in a multiple choice format offering Yes , No or Unsure as answers to questions that really require a professional to assess prior to making any call. 

The professional agent should really be requesting a full Home Inspection from HomeSafe Home Inspections www.homsafeinspection.co.za to be sure that the property condition is adequately investigated by a trained inspector.

Lets provide an example where a seller puts Unsure as an answer to most areas ( where does this leave the agent ) and quite frankly if I were a seller with no building backround I certainly would be ticking the Unsure section myself to avoid liability.

The fact of the matter is that in every country with consumer protection laws , agents get inspections , either pre sale ( the better option) or during the offer stage ( more of a pressure inspection) This insures that the disclosure process is dealt with professionally and leaves little chance for the deal to be scuppered by mismatches in interpreting the condition. A professional inspector would have been through the report with the buyer in detail and many of the possible areas of concern raised during the deal process upfront.

If this makes good sense , call HomeSafe on 0836560915 or visit us at www.homesafeinspection.co.za to discuss the benefit of our inspection process in your business.   

A HomeSafe property inspection provides a thorough 26 page technical overview of all parts of a property. "Why is this important to an agent"? you may ask . 

Well simply after the consumer protection act and the greater need for disclosure a HomeSafe Property inspection addresses this need more than adequately.

This paves the way for short term deal negotiations with all aspects open for negotiation from the start. Deal failure risk is greatly minimised and the long term result is Customer Relations with all parties that lead to future repeat business and just far greater public acceptance of the entire Real Estate selling process. 

This is evident in established consumer protected markets like the USA where in excess of 90 % of all deals have 1 or even 2 objective inspections before the deal is concluded.

The risk to an agent that a deal may fail due to an inspection has proven to be very low  , and if an agent is adept at using the inspection process , it can be used to overcome objections.The fact is , if a client likes a home they will still buy it even with the knowledge of a defect but will negotiate accordingly. 

HomeSafe have an intricate knowledge of the entire real estate process , and realise the importance of each deal to every agent in the tough trading times.

But the reality is that consumers now hold more power than  ever , so be that innovative agent that is doing all you can to work for both buyer and seller to conclude lasting deals.

Call HomeSafe or mail us and we will gladly explain the benefits of  including HomeSafe in your deals and gain the lead on the rest of the market.