Ignite FB Tracking PixelSelling a house as-is: A real estate guide - Judy and Bob Holder
KW Coastal And Lakes & Mountains Realty
KW Coastal And Lakes & Mountains Realty
Judy and Bob Holder, KW Coastal And Lakes & Mountains RealtyPhone: (603) 801-4193
Email: [email protected]

Selling a house as-is: A real estate guide

by Judy and Bob Holder 09/11/2023

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If a home requires a significant number of repairs, the seller has the option of selling the house as is. This can help alleviate the stress and costs of major repairs while preparing a home for the market. 

While this strategy isn't right for every situation, understanding the process can be beneficial to your home sale. 

What does it mean to sell "as-is?"

In real estate, selling a home as-is means you're selling exactly in its current condition - problems and all. This type of sale means the seller will not repair or improve the home before selling it, and the buyer cannot request any repairs or upgrade concessions.

Pricing is important when selling "as-is"

Real estate agents can create a comparative market analysis (CMA) to specifically target homes in similar conditions. This will help you find the optimal price for a home when selling as-is. You may also want to consider the costs of significant upgrades or repairs in your asking price.

What selling a house "as-is" is not

Unfortunately, many homeowners believe a sale in itself relieves them of any obligations associated with the normal sale process. However, you aren't allowed to simply move out of the house without showing it or having a professional inspection report. 

Specific rules for this vary by jurisdiction, so make sure you understand the specific requirements for your real estate transaction.

Talk to your real estate agent

It can be beneficial to work with a real estate agent with experience in selling a house as-is. They can help you get your listing in front of more prospective buyers and real estate investors likely to buy a property as-is.

Selling as-is can be an excellent strategy in a tough real estate market. However, it's crucial to weigh the pros and cons before deciding to forego making major improvements or repairs to your home. Keep these factors in mind and consult a real estate professional to make the best possible decision for your home.

About the Author
Author

Judy and Bob Holder

Holder Home Team

I am licensed in both Massachusetts & New Hampshire and Judy takes care of the creative part of things and together we are experts in this local area, we bring a wealth of knowledge and expertise about buying and selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information. We are eager to serve you. Here are some of the things we can do for you:

Find Your Next Home

You need someone who knows this area inside and out! We can work with you to find the right home at the right price for you, including all the neighborhood amenities that matter - not to mention the essential criteria you have for your ideal home

Sell a Home

When it's time to move, you need someone who will advertise your home, show to prospective buyers, negotiate the purchase contract, arrange financing, oversee the inspections, handle all necessary paperwork and supervise the closing. We can take care of everything you need, from start to close.

Consult on Home Selling Tactics

Oftentimes buyers don't visualize living in your home the way you do. We can make your home attractive to its ideal audience - which can help you get top dollar. Things like staging the home, making repairs or minor improvements, or even simply painting the walls can be the difference between a home resting on the market and one that's sold fast.