Minnesota Continuing Education COURSE
Property Inspection Issues
The inspection period is a big hurdle to jump over on the way to closing. The inspector’s job is to call out defects. The buyer agent’s job is to negotiate repairs. The seller agent’s job is to mitigate damage. It can sometimes be hard to hold a deal together.
Protecting your buyer as a buyer’s agent means understanding the importance of the home inspection contingency and its deadlines, and identifying the need for specialized inspections.
Protecting your seller as the listing agent means helping the seller understand disclosure obligations, prepare for the inspection, and respond to a buyer’s reasonable repair requests.
- The importance of the inspection contingency
- The licensee’s role in the inspection process
- Licensee and seller disclosure obligations
- Red flags related to common structural, plumbing, and electrical issues
- Specialized inspection types addressing radon, asbestos, sewer lines, septic tanks, mold, lead, and wells
- Interactive activities and scenarios