When you're preparing to sell your home, it can be overwhelming to think about putting the property in a pristine, show-ready shape, especially if you've been postponing a long list of repairs. Unless it's a popular real estate sales market and other potential buyers compete with you, the realtor knows that the property won't sell until you get an offer that works for you. Its purpose is to connect homeowners looking to sell a home quickly with buyers who are “ready to buy cash”. Pricing “below market value” due to needed repairs can attract “flippers” and other cash buyers looking to invest, rehabilitate and sell a home at a profit.
For homes that are not being sold as-is, buyers can use problems found during the inspection to demand that repairs be made (or that credits be provided so that they can make those repairs themselves). Selling a home “as is” means that the buyer will purchase and take possession of the property in the exact condition it is currently in, including good and bad. Alternatively, a home may have gone through foreclosure and is now owned by a bank, or the seller may have died and left the house to heirs or a real estate agent who have little idea what could be wrong with it, but who need to sell it. He actively writes about real estate topics, such as buying and selling homes, how-to guides for the home, and recommendations for household products.
Of course, when you sell a home as-is, you'll likely have to accept a lower selling price than you would have if you had completed some upgrades and maintenance before listing it. Sellers can even make certain corrections requested by homebuyers, if that's the only way they can sell the home. You may not want to pay for an agent, but trust us, it's worth the cost of selling with a real estate agent, especially when you sell your home as-is. With a little preparation and planning, selling an “as-is” home can be an easy way to quickly and efficiently unload your property.
However, pricing your home at the higher end of the spectrum could end up doing more harm than good when you sell your home. To sell a home as-is, you can follow the same steps as a standard home sale, but you won't have to worry about the staging part of the house.