Minnesota State Real Estate Practice Test

How should a listing agent respond to unrepresented buyers asking about the necessity of a property inspection?

1. It is mandatory to have an inspection

2. It's solely your decision to proceed with an inspection

3. A loan officer will provide that information

4. I advise against getting an inspection

The correct answer is: It's solely your decision to proceed with an inspection

A listing agent should respond by emphasizing that the decision to conduct a property inspection ultimately lies with the buyers. Informing unrepresented buyers that it's solely their decision encourages them to take an active role in the home-buying process and empowers them to make informed choices about their potential purchase. While inspections are highly recommended as a means to uncover any hidden issues with the property, there are no legal requirements mandating them, which distinguishes this response as an accurate portrayal of the situation. The correctness of this response stems from the listing agent's role, which is not to dictate the buyer's actions but rather to provide support and information. By framing the inspection as a personal choice rather than a mandatory step, the agent respects the autonomy of the unrepresented buyers, allowing them to weigh the benefits and costs of an inspection based on their circumstances and preferences. This approach also aligns with best practices in real estate, where providing guidance and resources, without overstepping into pressure or directive language, is essential in maintaining professional integrity and fostering a relationship of trust between the agent and the buyers.