Are you looking for tips to sell your house “as-is?” If so, you have come to the right place.
Today you will learn how to get the most for your home without having to spend tons of money on repairs.
Making Some Repairs Can Improve Your Asking Price
When most people want to sell their home “as-is”, they avoid making any repairs. However, a few cheaper repairs may help you get more for your home. Repairs under $1,000 can entice buyers and add value to your home. Something as simple as painting the front door of your home can boost your asking price.
Know What Repairs Are Needed and How Much They Cost
If you are selling your home “as-is” it is always a good idea to be as transparent as possible. This includes disclosing what needs to be fixed in the home. Make a list of all potential repairs and try to find out how much they will cost to complete. When buyers know what they are getting into, they are more willing to make an offer.
Price Your Home Fairly
Once you place your home on the market, make sure to price it accordingly. Asking fair market value for a home that needs lots of repairs isn’t going to go well with potential buyers. Instead, price your home fairly so that the buyer gets a good deal, and you turn a profit as well. Get a comprehensive report from a home inspector that shows buyers your home is worth buying for a premium price.
Be Flexible with The Buyer
When selling a house “as-is” you must keep in mind that you’re probably not going to get your full asking price. If your home needs extensive repairs, be prepared to be flexible with the buyer. You may have to go back and forth a few times before agreeing on the price.
Showcase The Highlights of The Home
While you want to be transparent when it comes to repairs, you should also showcase the highlights of your home. For example, if your home has original hardwood floors, let the buyer know that the home would look amazing if they refinished them. If you have recently done any upgrades to the home, make sure you let the buyer know.
Don’t Forget to Declutter the Home
No matter what shape your home is in, you should always declutter it before you place it on the market. Getting rid of clutter will make your property more attractive to buyers, even if it needs loads of repairs. Make sure you also cut the grass and remove any debris from outside of the home to make it look its best.
Work With a Real Estate Agent
Last but not least, you should 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 needed to list your home and market it to the right buyers. You will have to pay a small commission once the home is sold, but it will be money well spent. Homes that are listed with real estate agencies have a faster selling rate than those sold by the owner.
As you can see these tips to sell your home “as-is” will help you get the most for your home. Remember, don’t be afraid to make some small repairs because they can add more value to your property. Additionally, showcase the highlights of your home. Doing so will help you move it much faster. So, what are you waiting for? List your “as-is” house on the market today.