A recent study by the National Association of Realtors (NAR) reveals that 61% of homeowners made at least minor repairs before selling their property. However, for many, circumstances don’t always allow for such preparations. Whether due to time constraints or other priorities, 39% of sellers opted to list their homes as-is instead (see chart below):
If you’re overwhelmed by the thought of tackling repairs or updates due to limited time, budget, or resources, selling your house as-is might feel like the easiest solution. However, before you make that decision, here’s what you need to consider.
What Does Selling As-Is Mean?
Selling as-is means you won’t be making any repairs before listing your home, nor will you negotiate fixes after a buyer’s inspection. Essentially, you’re letting buyers know that the property is being sold exactly as it stands—what they see is what they get.
For sellers pressed for time or funds, this can be a stress-reliever. It eliminates the need for repair-related planning and expenses. However, there are trade-offs to consider. The visual below outlines the key pros and cons of selling as-is to help you weigh your options effectively.
Updated Homes Sell for More—Here’s Why
Homes that are move-in ready often sell for a premium because buyers value convenience. However, selling your home as-is might lead to fewer interested buyers, resulting in fewer offers, a longer time on the market, and ultimately a lower sale price. While skipping repairs can save you time and effort, it may also reduce the potential profit you could earn by investing in updates.
That said, selling as-is doesn’t mean your home won’t sell—it just might not fetch the same price as a fully updated property.
The Bright Side for As-Is Sellers
The good news? Today’s market is still favorable for sellers. A recent survey shows 56% of buyers are open to purchasing a home that needs some work. Why? Affordability challenges and low inventory have made many buyers more flexible. That means you could still find motivated buyers who are ready to take on the renovations themselves.
How an Agent Can Help
Making the right decision about selling your home starts with expert guidance. A trusted real estate agent can:
- Evaluate Your Options: They’ll provide insights into comparable sales, neighborhood trends, and potential updates to help you set a competitive price.
- Maximize Your Home’s Appeal: Whether you sell as-is or invest in repairs, your agent will highlight your home’s best features—like location, size, and unique potential—to attract the right buyers.
- Simplify the Process: From pricing to marketing, an agent will ensure your home gets the attention it deserves.
Bottom Line
Selling as-is can be a practical choice, but it comes with trade-offs. To make an informed decision that aligns with your goals, let’s connect. Together, we can explore your options and find the right path for your sale.
