Redfin’s Free Inspection Class - Ballard


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Redfin’s Free Inspection Class - Ballard

  1. 1. Slide 1 of 47Home Inspection ClassMay 29, 2013 Seattle, WARobin McCue – Redfin’s North Seattle TeamBrandal Gehr – VI InspectionsFollow: @RedfinSeattleLike:
  2. 2. Slide 2 of 47Working with Redfin
  3. 3. Slide 3 of 47A Little Bit About What We DoRedfin is a brokerage that’s usingtechnology and a customer-service focus tochange the real estate game in theconsumer’s favor.• What: a brokerage• How we are different:• Technology• Customer-service• Why: we want to change the game
  4. 4. Slide 4 of 47Working With Redfin is DifferentService► Advocates: client-satisfaction bonuses, notcommissions► Transparency: informed decisions► Best Agents: The right home for the right priceNo obligation► Switch Redfin agents► Pause and re-start your search any time► Tour on your schedule and paceRefund► You get 15% to 50% of the commissionThe Best Results► Service: 97% would recommend us to a friend
  5. 5. Slide 5 of 47To Buy or Not to Buy
  6. 6. Slide 6 of 47Why You Should Buy a Home● You have a family and need room to grow● You expect to stay put for 5 or more years● You’re handy & and ready to invest● You’ve saved up a down payment
  7. 7. Slide 7 of 47Why You Shouldn’t Buy a Home● You don’t have a good reason like family orschools● You can’t afford a the down payment● You can rent for much less● You plan on moving soon● You’re worried about job security
  8. 8. Slide 8 of 47Searching for a Home
  9. 9. Slide 9 of of a MLS PoweredSite● All the homes for sale: 30% more listings● You see what the agent sees: 4x the data● Real-time market data: photos, details of just-sold homes
  10. 10. Slide 10 of 47Make Sure She’s a Good FitSee alldeals &reviewsClick herewhen youdecide
  11. 11. Slide 11 of 47How Our Team WorksASSOCIATE AGENTTakes you to see homesSee 50+ homes a weekYOUAGENTResponsible for your successWrites your offerHandles negotiationsCOORDINATORSchedules toursPrepares paperworkWorks with escrow
  12. 12. Slide 12 of 47Introduction to the homeinspection process
  13. 13. Slide 13 of 47Goals of this Presentation• What is a home inspection?• What is NOT a home inspection?• Common Tools• How to Choose an Inspector• Scope and Process of the Inspection• Report Samples• Resource for Questions
  14. 14. Slide 14 of 47The Home Inspection is:● A limited visual non-destructive inspection of the generalsystems of your home.– Focused on four key areas: Safety Issues, Structuralconcerns, items improperly installed and items nearing orexceeding their design life– Inspector will inspect (if applicable): the roof, attic,crawlspace, siding, windows, doors, appliances, furnace,water heater, bathrooms, plumbing, electrical panel, etc.
  15. 15. Slide 15 of 47The Home Inspection is NOT:Home WarrantyGuaranteeInsurance PolicySubstitute for real estate transfer disclosure (form 17)Building code inspectionGeological stability testsBuilding value appraisal or cost estimates
  16. 16. Slide 16 of 47Tools Used• Flashlights• Probing Tools• Thermometers• Moisture Meters• Carbon Monoxide Detectors• Combustible Gas Detectors• Digital Cameras• Infrared Cameras• Training and Experience
  17. 17. Slide 17 of 47Choosing An Inspector• You Get to Choose Your Inspector• Criteria to Consider:• Availability• Recommendation from realtor• Sample Report• Reviews• Cost
  18. 18. Slide 18 of 47Choosing An InspectorTechnically Educated ~► 300+ hours book, onsite, classroom, and lab training @Inspection Training and AssociatesReport based on National Standards ~► Adherence to Washington State Inspection Standardsnational inspection standards (ASHI, NACHI, NAHI, etc)► Timely report delivery ~► Report is computer generated with photos delivered viaemail/onsite► Report summarized and easy to read. MajorConcerns, Safety Hazards, Inquire with Seller,
  19. 19. Slide 19 of 47Choosing An Inspector• Redfin Open Book
  20. 20. Slide 20 of 47Choosing An Inspector
  21. 21. Slide 21 of 47Exteriors• Lot Slope and Drainage• Siding Condition• Windows and Doors• Driveways and Walkways• Decks and Patios• Fencing• Retaining Walls• Detached Buildings
  22. 22. Slide 22 of 47Vegetation Contact
  23. 23. Slide 23 of 47Weathering
  24. 24. Slide 24 of 47Garages• Proper Fire Barrier• Self Closing Interior Door• No Penetrations in Interior Walls or Ceilings• Operation of Overhead Doors• Safety Beams• Tension Reverse
  25. 25. Slide 25 of 47Structure• Foundation• Roof and Attic• Crawl Space or Basement and Sub Flooring• Interior Evidence of Structural Movement• Doors and Windows Sticking• Diagonal Cracking in Drywall• Sloping Floors
  26. 26. Slide 26 of 47Foundation Cracking
  27. 27. Slide 27 of 47Roofing• Roofing Materials and Condition• Estimated Age and Remaining Life• Flashing around Vents, Chimneys and Walls• Gutters• Downspouts• Skylights• Chimneys
  28. 28. Slide 28 of 47Roof Age
  29. 29. Slide 29 of 47Curled Wood Shakes
  30. 30. Slide 30 of 47Moss Growth on Roof
  31. 31. Slide 31 of 47Clogged Gutters
  32. 32. Slide 32 of 47Faulty Downspouts
  33. 33. Slide 33 of 47Interiors• Wall, Ceiling and Floor Finishes• Window and Doors• Stairways• Fireplaces• Safety• Emergency Egress• Carbon Monoxide and Smoke Detectors
  34. 34. Slide 34 of 47Heating and Cooling• Heating System Type and Condition• System Age and Remaining Lifespan• Combustion Air and Venting• Distribution throughout Home• Air Conditioning Systems• Underground Oil Tanks
  35. 35. Slide 35 of 47Insulation and Ventilation• Insulation Type and Level• Adequacy of Attic and Crawl Space Ventilation• Vent Fans Discharging to Exterior• Moisture Barriers• Rodent Activity• Organic Growth
  36. 36. Slide 36 of 47Plumbing• Plumbing Materials for Supply and Waste• Leakage• Water Heater Age and Condition• Seismic Safety• Water Main and Gas Shutoffs• Possible Sewer Line Scoping
  37. 37. Slide 37 of 47Galvanized Steel
  38. 38. Slide 38 of 47Electrical• Size and Location of Service Drop• Main Electrical Panel• Breakers and Connections• Secondary Panels• Branch Wiring• Outlets and Fixtures• Ground Fault Circuit Interrupters
  39. 39. Slide 39 of 47Ground Fault Circuit Interrupters
  40. 40. Slide 40 of 47Double Taps
  41. 41. Slide 41 of 47Ungrounded Systems
  42. 42. Slide 42 of 47Appliances• Type• Operability• Safety• Recalls• Laundry Connections
  43. 43. Slide 43 of 47The Inspection• Summary– Verbal discussion of the major items– Opportunity for questions• Agreement, High 5 and Payment
  44. 44. Slide 44 of 47The Inspection Report• Report– Turnaround: Same Day, Next Day, Few Days– Formats: Checklist, Narrative, Pictures– Delivery: Hard Copy, Email, Online Download• Recommendations– Major Concerns– Safety Issues– Repair Items (Professional or Homeowner)– Improvements– Maintenance
  45. 45. Slide 45 of 47The Inspection Report• Review Report with Your Agent• Items You Would Like Seller to Fix• Items You Will Fix• Recommending Contractors• Follow up with your Inspector for questions afterthe inspection
  46. 46. Slide 46 of 47Thanks for attending!
  47. 47. Slide 47 of 47Our next class!Short Sale ClassMay 30, 20136:00pm – 8:00pmSeattles Redfin Office2025 1st AveSeattle, WA 98121