Independent Energy Assessors made clear

Posted on November 1, 2007
Filed Under Real Estate |

UK’s Housing Act 2004 has made it compulsory for the property-owners (sellers) to furnish a Home Information Pack, before he puts his property into the market for sale. The Home Information Pack also referred as HIP, includes Energy Performance Certificate (aka EPC) and other essential documents aimed to accelerate the rate of transaction and to make the buying and selling of a property, a more transparent affair.

Though Home Condition Report is an optional document of HIP, its value cannot be undermined. The law of the land makes it clear that sellers or property-owners need to approach to Domestic Energy Assessor (DEA) or Home Inspector (HI) to procure reports and certificate. The DEA or HI completes the inspection job and thus helps the seller to compile the HIP. The seller must not hesitate to take the service of Domestic Energy Assessor and Home Inspector even, if he plans to sell his property via 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 DEA 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).

It is always preferable for you to get your own Home Inspector or Domestic Energy Assessor. Give your best shot at finding the suitable HIs and DEAs. You and the prospective buyer will be benefited by the Home Information Pack that have been compiled by the independently appointed HIs and DEAs. It gives you the opportunity to perform any repair work that might be required, which you might undertake willingly and this eventually increases your credibility as a property seller.

You can also gain a precise idea in order to quote for the property with the help of the well-prepared reports.

Property buyers also find the pre-listing inspection reports very beneficial, as they find access to vital information from the very start and do not consider opting for independent inspection. Make a good decision as buying a home definitely is the biggest investment one makes in his life.

Accurate and relevant information in the independent home inspection reports enables you to gain the confidence of the buyer, in turn making a suitable property deal.

Tags: Real Estate

Independent Energy Assessors made clear

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