According to the Housing Act 2004, property owners need to have a Home Information Pack (HIP) before they set out to market their property or home for sale. HIP consists of an Energy Performance Certificate (EPC) and other important information that quickens the process of buying and selling.
An optional document, namely the Home Condition Report is also included in the HIP. Legally, the property owner must appoint a Home Inspector or a registered Domestic Energy Assessor (DEA) for preparing the reports and certificates. Property sellers are also legally bound to appoint HIs ands DEAs for the purpose of compiling the HIPs and for pre-listing the inspection jobs. It would be better to appoint independent HIs and DEAs instead of depending on the agents; this should be done in case you are planning to sell your property via the real estate agents.
The real estate agents do not appreciate the independent appointment of Domestic Energy Assessors and Home Inspectors for they perceive them as 'Deal Killers'. In fact, an independent DEA or HI performs his task more accurately. The findings and inspection by Domestic Energy Assessor and Home Inspector, which becomes the base of report and certificate throws light on the actual condition of a property in a distinct manner.
The real estate agents are more interested in appointing their own Domestic Energy Assessors and Home Inspectors, for they want reports, which does not diverge with their objective. As a result, their inspection and finding over looks the major problem, instead it pinpoints the minor problem, which do not have any serious impact. In this way, the agents ensure their commission and objective, which otherwise might have been derailed had independent Domestic Energy Assessors and Home Inspectors appeared.
It can be argued that Domestic Energy Assessors and Home Inspectors might not be a part of the game- plan, as proposed by an agent, for they might lose their accreditation and jobs. However, the prospective buyer might raise question on the authenticity of reports and certificates endorsed by Domestic Energy Assessors and Home Inspectors (appointed by real estate agents).
The seller or property owner must necessarily take the responsibility of appointing suitable and independent Domestic Energy Assessor or Home Inspector. The reports and certificate, issued by DEAs or HIs becomes a part of HIPs.
The HIPs prepared by independent Domestic Energy Assessors or Home Inspectors benefits both the buyer and the seller. The seller can resort to repair work, if required. Besides this, the actual reports helps sellers to quote the price of his property in a confident manner and at the same time establish his credibility.
The buyer gets to know the actual condition of a property. The report actually reflects the condition of a property. The well-informed buyer can take decision easily, without any second thoughts. If you as a seller really want to win the confidence of buyer, make sure you appoint independent official to get a true reports and certificate. Clear and accurate reports help to seal the deal quickly.
Domestic Energy Assessor in Bath and North East Somerset areas. Find your local DEA's at www.dealocal.co.uk
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