Did you know that over 60% of home sellers fail their CO inspection on the first try? OK, I made that stat up – but based on being in and having family in real estate that has dealt with tens of thousands of home sales I’d say that stat is pretty much within range.
Well, I just failed a CO inspection as well and when I got the list of things back that had to be taken care of I was a bit overwhelmed and figured that there had to be a better way than trying to figure out how to rectify everything myself. Not to mention, I figured that having someone who is a professional at the CO inspection game, as well as has relationships inside my local township CO office would benefit me better than going forward alone.
Unfortunately, after trying every type of search / recommendation from a friend and asking agents in other towns/etc. it’s become obvious that this type of position isn’t being filled by anyone yet.
This is an entirely new business for someone who is a contractor, handyman or has all the connections needed (or the time to sub it out). There’s absolutely no law that says someone can’t do this on behalf of a home seller, and I’m even sure the townships would embrace it. Heck, if you’re a real estate agent looking to add additional services this could especially be the area for you. We have real estate agents, how about CO agents. Someone to schedule and be there during the CO inspection, that will take on the task of getting any failures rectified, and then get it reinspected and passed.
Making life easier for people selling their homes has long been an area ripe for new businesses, this could be a great new opportunity to build out a business model.
What other parts of the selling process deserve even more personal, expert attention?