I Wish Everyone Thought Like Me.
In Silicon Valley's hot real estate market, Listing Agents are hog tying buyers into such short due diligence inspection periods they can barely breathe. They think this negotiation helps justify their brokerage fee; they're protecting their client.
It has become fashionable for Silicon Valley listing agents to limit inspection periods to 7-10 calendars days, even for multi-million dollar homes and even when specialized inspections are needed.
But many inspectors work on weekdays only, so 7-10 calendar days is really 5-8 business days to schedule, inspect, write and read and approve or disapprove the inspection. Some of the best and most popular inspectors need at least a week to inspect.
Come on. Why not give a buyer who is acting in good faith the time needed to get inspections? The seller is not damaged by giving a purchaser 15-17 calendar days to complete inspections with their preferred inspectors.
It's a huge purchase that often uses all of a buyer's savings.
That's my thinking whether I'm representing the seller, as in most cases, or the buyer. That's my thinking even if there are multiple offers and even if pre-listing inspections have been completed. Let them breathe.
Certified Realty Services
19200 Shubert Drive
Saratoga, CA 95070-4046
Certified Residential Specialist (CRS); Graduate Realtors Institute (GRI)