Strategies for Selling a Home On the Quick: Sell As-Is vs Repairs

By
Real Estate Agent with Dependable Homebuyers

When you need to sell your house fast, but repairs are out of the question, either because they’re too costly or too time consuming, what do you do? Busy home sellers have a few options in this scenario: Sell as-is, complete only minor repairs on their home and focus on only the big-ticket items most buyers are concerned about.

In this blog post we will discuss each of these strategies for selling a house as is quickly!

Options for listing a home quickly

Selling as is requires disclosure when listing the property....

  1. Include “as-is” in your listing: When you need to sell your home quickly, but it needs repairs such as roofing or siding, selling it as-is means that you aren’t going to be spending money on those projects. Note that a buyer may still request an inspection, but your agent can set the expectation that no major repairs will be made. Those who would like to learn more can visit https://dependablehomebuyersbaltimore.business.site/posts/4862676795920393809. Sellers are often faced with taking a hit on the sale price when selling an as-is house, especially if it requires extensive updates and maintenance.
  2. Inspect and disclose everything: to selling the home as-is, you should also complete a pre-inspection and disclose everything found on that search. As a seller, you may need to put your home on the market for less than what it is worth due to repairs. Your agent can help position it in a way that appeals to investors or people looking for an investment opportunity.

Strategies to optimize the sale of the home include...

  1. Only tackle the highest priority items: Many buyers don't mind what repairs are needed to make a home livable, but time and budget constraints might mean putting even minor fixes off. If you only have enough time or money for one big fix, consider the points that would most likely kill a sale. When you need to sell your house fast, but renovations are too costly or time consuming, focus on the big-ticket items that most home buyers worry about. This includes foundation damage, mold leaks and a furnace replacement.
  2. Focus on minor cosmetic fixes: You have a few options for renovation, including as-is sales, and selecting the most cost-effective ideas. These are under the category of “sprucing things up.” They will go a long way toward improving your curb appeal, increasing the chances you'll make a sale and find a new home. 

How do I sell my home fast without completing repairs?

Selling to a cash buyer or investor can fill the need of someone who's looking for a home and doesn't want to renovate. With Dependable Homebuyers, we’ll buy your house directly, in cash, after you answer a few questions about your home and a home evaluation is arranged at no cost to you.

What are some strategies for selling a home quickly?

If you need to sell your house fast, but it needs repairs such as roofing or siding, try selling the home "as-is." Note that while this means no major renovations will be completed on the property in order to make it marketable and more appealing to potential buyers. As a seller, there may still be less interest from buyers who know they'll have to do their own work when making an offer because of these issues. However, if you're looking at taking a loss or simply don't want any time consuming projects like painting walls or installing new floors added onto your already busy schedule before finding another place to live - then this could be the best option for you.

How to market a fixer-upper

If you want to know how to sell your home fast and for top dollar, your best bet is to enlist the help of an experienced local real estate agent. Make sure to find an agent who has experience with marketing fixer-uppers. An  agent with experience marketing fixers can help you price the property and position it in a way that appeals to potential buyers.

Make your home as modern, sleek and updated as possible: Another option for selling a house quickly is to focus on minor cosmetic fixes. These are under the category of "sprucing up." They will go a long way toward improving curb appeal, increasing chances of making sale, finding new place to live. After all - no one wants move into an old outdated space!

As-Is Vs. Repairs: Deciding What’s Best For You

Busy home sellers should not try to do extensive repairs before placing their house on the market. That’s why it’s so difficult for people to imagine simply selling their home without having to put major work into it. 

Whether you’re looking to sell your home as-is or tackle some minor repairs, it will ultimately come down the type of buyer and whether they're willing to make a purchase with these constraints. If you have more time than money, then we recommend selling an "as-is" house - which means doing nothing besides making the necessary disclosures about its condition.

Your Home Needs a Lot of Work 

There are some small repairs that can be worth doing if you want to sell your home. A fresh coat of paint and any new appliances can make your home more appealing to buyers. However, what if you’re in a situation where you’re not looking at “small” repairs? 

What if you need to replace your roof, or install a new siding?

This is when it becomes more difficult for busy home sellers. They have two options: to sell "as-is" and not make any repairs the property might need at all; or hire contractors who can complete repairs in order to attract buyers. Depending on what type of buyer they are - whether they're someone who's willing to tackle some work themselves before moving into their next place - then as-is could be the best option because it requires less time. However, this may also mean that those looking for an easy move will pass over homes with these restrictions.

If I Sell As Is What Will Happen?

In this blog post we have discussed many ways how sell your house fast without repairs or renovations being necessary! Complete at least some basic updates - like painting walls or installing new flooring- before listing it on the market if time allows so you can get the best offer possible

If finding time is not possible then giving Dependable Homebuyers may be the best option for you.

Comments (0)