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Are you looking to sell your home?
Maybe you’re selling because you want to upsize or downsize. Or you want to buy a better home. Or perhaps you’re going through a divorce and you and your soon-to-be ex-spouse have agreed to do away with it.
There’s a catch, though. You want to sell the property as is.
Selling property as is isn’t a really common occurrence. Most sellers will touch up their homes here and there to increase the property’s chance of selling quickly and at a good price.
However, this doesn’t mean you can’t sell your property if you aren’t interested in repairing or upgrading it. You just need to know how to go about it.
Continue reading to learn how to sell your home as is.
In This Post:
1. Move Out
The first step to selling an existing home is to ensure it has no occupants. If you live in the property, move out.
Just because you’re saying “I’m selling my property as is” doesn’t mean prospective buyers won’t want to check it out. Moving out enables anyone who’s interested in the property to view it before making a purchase decision.
Selling it while you still live in it only makes the work more difficult.
2. Does It Need Repairs?
When you hear that a house is being sold as is, the first thing to comes to your mind is it probably needs a lot of repairs. You assume the owner doesn’t want to spend any more money on it.
However, this isn’t always the case. It’s possible for a house that’s in excellent condition to be sold as is.
Either way, knowing whether the property you’re selling needs repairs will make the process easier for you. For instance, when a potential buyer asks whether the house has any problem, you’ll be able to give them accurate information.
Having a good handle on the condition of the house also helps you price it properly.
3. Market the Property Correctly
Marketing a house you’re selling without any repairs is fundamentally the same as marketing regular properties. However, there are subtle differences that make a big difference.
For instance, when selling a property as is, it’s vital to indicate that it’s being sold “as is.” Stating this ensures you’re only attracting serious buyers. If you don’t, you will be getting calls from people who will hang up immediately you mention that the house is being sold as is.
In your adverts, take clear pictures and even videos that will give interested buyers a clear view of the property.
4. Hire a Real Estate Agent
On your own, selling any property, let alone one in “as is” condition, is a big ask.
If your goal is to sell quickly, you stand a better chance when you work with a real estate agent. This professional knows how to market houses to the right audience.
More important, a house being sold as is will attract a lot of negotiations with potential buyers. An agent will negotiate the price on your behalf, ensuring you get the best deal.
Selling a Property as Is Doesn’t Have to be Difficult
Ideally, you’d love to repair or maintain a property before putting it on the market. However, sometimes selling a property as is becomes your only option. When this is the case, don’t fret. Just follow this guide and you’ll offload the property without much hassle.
Keep reading our blog for more real estate tips and advice.