Quote:
Originally Posted by Bagor
Why? Conflict of interest.
I'll quote from Mike Holmes book "The Holmes Inspection" for the rest of my answer (page 12). "There's way too much co-operation -even dependance- between home inspectors and Real Estate Agents."
"A realtor wants to sell houses but sometimes an inspector will scare off buyers if he tells them the whole truth about the house - and that might not make the realtor particularly happy.
An inspector wants business. So .... to keep the referrals coming from his prime source - the realtor- he might not be as thorough as he should be every time he inspects the house. The net result for the homebuyer is not having the whole story before sugning the purchase offer.
If the inspector you hire has a history of working with a particular agent, you're walking into a situation of divided loyalties.
Even the most honest of realtors can't avoid conflict of interest in this particular area."
Disagree? I don't. |
Where is the conflict? If the inspection is negative, the buyer is going to walk away and put an offer on another home. The realtor still gets a deal, so it should not matter to them. In fact, it makes them look good if they can help a client avoid a bad purchase.
It is a buyer's realtor that recommends inspections, not the listing agent.