🏠 Realtor & Real EstateModerateAlso: 35-R report, Three R report, Repair Replace Restore report
35R Report (Repair/Replace/Restore)
Definition
A 35R report is a property assessment tool that categorizes repair needs into three buckets: Repair, Replace, and Restore. It gives sellers and buyers a prioritized picture of needed work.
Common Questions
Real-World Example
A listing agent walks through a property and identifies the deck needs restoration, the water heater needs replacement, and walls need minor repairs.
Why It Matters
Real estate agents use 35R reports to help sellers prioritize pre-listing work.
Related Services
Remodeling
Related Terms
🏠
Pre-listing Repairs
🏠Pre-listing repairs are improvements made before putting a property on the market to maximize sale p...
Home Inspection Findings
🏠Home inspection findings are the documented issues identified by a licensed inspector during a prope...
Listing-ready
Listing-ready refers to the condition a property needs to be in before it is officially listed for s...