“Work to be Done by a Licensed Contractor”

Usually, inspection issues are all about “what”:  what is in disrepair; what documentation the Buyer has to substantiate any issues; and what the Buyer wants the Seller to do about it (fix it, or lower the selling price).

But “who” can also be relevant — as in, “who is going to do the work?”

If the issue is plumbing or electrical-related, the parties’ discretion may be limited, especially if the work requires a permit.

Then, the only one qualified to do it is a licensed, bonded contractor.

Thankfully, however, many inspection issues can be addressed by a qualified handyman.

Sellers know — or should — that Buyers will be carefully re-inspecting the repair(s) — typically, when they do their walk-thru prior to closing — and anything slipshod will at a minimum delay things.

If the Buyer wants things fixed properly, the Seller also has a singular goal:  to secure a “hold harmless” clause (or the equivalent) from the Buyer explicitly stating that the issue has been addressed and resolved.

P.S.:  In a (somewhat) similar vein, every advice book I’ve ever seen on negotiating stresses the “how.”  From my experience, I’d place just as much emphasis on the “when” and “where” (see, “Negotiating Advice“).

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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