You may already be an expert at guiding your clients through the home-buying or selling process, but here’s a tip that could save everyone some headaches. Check the electrical panel. Seriously, it’s one of those details that can make or break a smooth transaction.
Electrical panels are the heart of a home’s electrical system, but not all panels are created equal. Some older models or specific brands have a track record of safety issues, and get flagged during a home inspection possibly leading to expensive negotiations. Being proactive about identifying potential panel problems early on can help you set realistic expectations for your clients. Which Panels Raise Red Flags?
Federal Pacific Electric (FPE) Panels: These panels are notorious for failing to trip during electrical surges, significantly increasing fire risks.
Zinsco Panels: Known for overheating and melting, these panels are a serious safety hazard.
Fuse Boxes: Often found in older homes, they weren’t built to handle the demands of modern electrical usage.
Pushmatic Panels: These panels lack a main breaker, which complicates emergency shut-offs and can lead to safety concerns.
If you know the home has an outdated panel, suggest replacing it before listing to avoid surprises. You can prepare your buyers and let them know that certain panels might need to be upgraded, especially in older homes before inspection.