How does having a REALTOR® improve the inspection and repair-negotiation phase?
Quick Answer
Short answer: Agents turn defects into dollars, drafting amendments and holdbacks that stick—often recouping inspection costs many times over.
Detailed Explanation
Inspectors flag issues; REALTORS® monetise them. With contractor networks, your agent secures quotes within hours and writes a price-reduction amendment. RECA audit data show represented buyers average a $4,600 credit versus $1,900 when negotiating solo.
Agents also manage holdbacks: money stays in trust until repairs pass re-inspection, closing loopholes that can trap DIY buyers with unfinished work.
- Alberta contract §10 allows price adjustments
- Professional repair cost estimates
- Holdback administration through trust accounts
- Re-inspection coordination and sign-off
Negotiation leverage. REALTORS® know which defects warrant credits, which are cosmetic, and how to frame requests so sellers respond favorably. They also prevent inspection over-reach that can torpedo deals unnecessarily.
Disclaimers: Repair negotiations depend on market conditions and property specifics. Results not guaranteed.
Disclaimer: This page is for general information only and does not constitute legal, financial, or real estate advice. Always verify details with a licensed Alberta REALTOR®, mortgage professional, or lawyer before making decisions. Buy in Edmonton assumes no liability for actions taken based on this content.
Tim Grover, RE/MAX Excellence • 780-288-5144 • 5607 199 Street NW, Edmonton, AB
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