How do you prioritize repair requests based on urgency and cost?

1 Consider the severity

The first thing to consider is how severe the problem is. Some issues are more urgent than others because they affect the safety, functionality, or habitability of the home. For example, a faulty electrical system, a leaking roof, or a cracked foundation are serious problems that should be fixed as soon as possible. These are also likely to be deal-breakers for most buyers or sellers. On the other hand, minor cosmetic issues, such as peeling paint, loose tiles, or scratched floors, are less urgent and may not affect the value or quality of the home. These are usually negotiable and may not require repairs.

2 Compare the costs

The next thing to consider is how much the repairs will cost. Depending on the scope and complexity of the work, the price tag can vary significantly. You should get estimates from reputable contractors or experts to get a realistic idea of the expenses involved. You should also compare the costs of repairing versus not repairing. For example, if you're a seller, you may have to lower your asking price or offer credits to the buyer if you don't fix a major issue. If you're a buyer, you may have to pay more for maintenance or insurance if you accept a home with defects. You should weigh the pros and cons of each option and decide what makes sense for your budget and goals.

3 Negotiate the terms

The final thing to consider is how to negotiate the terms of the repair requests with the other party. You should be reasonable and flexible, but also assertive and respectful. You should communicate clearly and promptly, and use a written repair request form to document your requests and responses. You should also be prepared to compromise and find a middle ground that works for both sides. For example, you may agree to split the costs of certain repairs, or accept a credit instead of a repair. You may also prioritize the most important repairs and let go of the less essential ones. You should aim to reach a mutually beneficial agreement that allows you to close the deal smoothly and satisfactorily.

4 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?