No Changes Needed: How to Sell Your House As Is

Many homeowners believe that selling a home involves expensive renovations and lots of leg work. Luckily, this isn’t the case in today’s market. Today, more and more homeowners are choosing to list their homes “As is,” which saves time, money, and hassle, and can facilitate a quicker home sale. If you’re interested in learning how to sell your house as is, read on to find out more.

What is “As is” Condition?

A home that’s listed in “As is” condition is one that hasn’t had repairs or renovations done. “As is” purchase agreements also mean that if the buyer wants repairs made, the seller will not contribute financially.

While many people assume that “As is” homes are always in a bad condition, this isn’t the case. In many situations, the home simply has not had many of the updates –such as new kitchens or flooring – that houses about to go on the market typically do.

While it’s possible to purchase “As is” homes that need thousands of dollars of renovations, many are move-in ready.

 How to Sell Your House As Is

If you’re considering selling your house as is, here are some tips to help you get started:

• Price it fairly. While selling a home “As is” is a fantastic way to facilitate a quick sale, it means that the home may not sell for as much as it would have if renovations were completed. With that in mind, it’s important to price the home competitively. Talk to a local real estate agent to learn your home’s market value and price it accordingly.
• Be aware of the buyer’s rights. When a home goes on the market “As is,” a buyer has the option to require a home inspection and to walk away from the sale if the results aren’t up to par. Because of this, some “As is” sellers choose to have a home inspection done before listing the home, so they know about any larger problems affecting the home.
• Disclose any known defects. An “As is” sale doesn’t insulate you from liability if you fail to disclose a major flaw with the home. With this in mind, be sure to be open about any known issues with the property. Many buyers are in the market for homes they can renovate themselves, so your transparency will make a strong case for your home while also facilitating a simple sale.

“As Is” Home Sales: A Simple Way to Sell Your Property

While “As is” home sales used to be rare, they’ve become more popular in recent years. In addition to streamlining the home sale process, “As is” listings allow both the seller and buyer to benefit from a faster, simpler closing.