Q&A: Should I have my home tested before I put it on the market?

Should we test our older home for radon, mold, and lead before trying to sell it? Would this help us stand out in a tough market?

We spoke with three regional vice presidents of the National Association of Realtors—each with more than three decades of experience selling homes in up and down markets.

"Buyers want to get their own tests, and they tend not to believe the seller's tests," says Mary Davis, a real-estate agent in River Edge, New Jersey. John Veneris, a real-estate agent in Downers Grove, Illinois, adds that home buyers should "wait until the general inspection to resolve any problems."

Robert Bailey, a real-estate agent in Santa Cruz, California, suggests that before homeowners put their house on the market, they get an idea of what problems exist by doing a general and pest-control inspection, along with a visual inspection for such problems as mold. (Keep in mind that mold-testing kits proved generally ineffective in Consumer Reports testing. Lead and radon kits fared better although quality varied in some cases very widely between brands.)

But time and money invested in home repairs and regular maintenance can pay off when it's time to sell. Water damage and cracks in the foundation won't go away and could be a deal breaker. A general professional home inspection is not required, but recommended as part of the selling process. And a property condition disclosure form is required in 44 states and the District of Columbia, according to NAR spokesman Walter Molony.

Buyers should be aware that Alaska, Arkansas, Kansas, Vermont, West Virginia, and Wyoming do not require this form, but federal law mandates that any seller of a house built before 1978 must disclose if lead paint was used as an interior or exterior finish.—Kimberly Janeway

Essential information: Find out why staging your home might help close the deal and how to get the most for your house in a soft market.

Comments

[Artemiss]

It is important to have your home inspected. There are too many foreclosures on the market. They are not being maintained properly and you could get caught with one with mold in it. Be wise, not foolish.