Looking for tips on how to sell your home “as is”? If so, you have come to the right place.
Today you will learn how to get the most out of your home without spending tons of money on repairs.
Doing some repairs can improve your asking price
When most people want to sell their home “as is”, they avoid making repairs. However, a few cheaper repairs can help you get more for your home. Repairs under $ 1,000 can attract buyers and add value to your home. Something as simple as painting the front door of your home can increase your asking price.
Know what repairs are needed and how much they cost
If you are sell your house “as is” it’s always a good idea to be as transparent as possible. This includes disclosing what needs to be fixed in the house. Make a list of all the potential repairs and find out how much they will cost. When buyers know what they are getting into, they are more willing to bid.
Evaluate Your Home Fairly
Once you put your home on the market, be sure to price it accordingly. Asking for the fair market value of a home that is in need of a lot of repair will not be right for potential buyers. Instead, price your home fairly so that the buyer gets a good deal and you make a profit as well.
Be flexible with the buyer
When selling a home “as is” you should keep in mind that you are unlikely to get the full asking price. If your home needs major repairs, be prepared to be flexible with the buyer. You may have to go back and forth several times before you can agree on the price.
Present the strengths of the house
While you want to be transparent about repairs, you should also highlight the strengths of your home. For example, if your home has original hardwood floors, let the buyer know that the home would be beautiful if they refinished them. If you’ve recently made any improvements to the home, be sure to let the buyer know.
Don’t forget to declutter the house
Regardless of the shape of your home, you should always declutter it before you put it on the market. Getting rid of the clutter will make your property more attractive to buyers, even if it needs a lot of repairs. Also, be sure to cut the grass and remove all debris from the exterior of the house to keep it looking its best.
Work with a real estate agent
Last but not least, you must work with a Real estate agent. Selling a home “as is” can be difficult if you don’t know what you are doing. A real estate agent will have the experience to list your home and market it to the right buyers. You will have to pay a small commission once the house is sold, but it will be money well spent. Homes that are listed with real estate agencies have a faster sale rate than those sold by the owner.
As you can see, these tips for selling your home “as is” will help you get the most out of your home. Remember, don’t be afraid to do some small repairs as they can add more value to your property. Plus, showcase the highlights of your home. This will help you move it much faster. So what are you waiting for? Put your home “as is” on the market today.