How Do I Sell My Home As-Is?
If you’re considering selling your house as-is, it’s likely you’ve sold a home before and are aware that buyers will haggle, negotiating a lower selling price based on the home inspection results.
While you don’t want to label your home for sale as-is to avoid negotiations, it’s a viable strategy if you approach it the right way and adjust your expectations. So, if you are asking yourself, “how do I sell my home as-is?” our tips can help you get a fair price for your property.
Use an Experienced Real Estate Agent
If it is a seller’s market or you don’t need a quick sale, working with a real estate agent experienced in as-is sales may be a good option. Based on the work that needs to be done on your home, they can advise if selling your home in as-is condition is the right option for you.
To open up the pool of buyers, they may recommend that you avoid listing your home as-is on the open market so you can get as many potential buyers through the door as possible and then begin negotiations.
Seasoned real estate agents suggest that listing a home as-is can deter most homebuyers because they believe there is something major wrong with your property, rather than only cosmetic issues.
However, if you need to sell your home quickly because of a move, pre-foreclosure, or tax liens, waiting on the open market could take too long, and working directly with a cash buyer might be a better choice.
Declutter Your Home
When selling your home on the open market, you have to stage it to make it look as presentable and sellable as possible. While you may not have the funds, time, or emotional energy to redo a bathroom or upgrade your kitchen cabinets, decluttering can attract a larger pool of buyers.
If you decide to put your home on the market, contact a real estate agent before tackling any home improvement projects. They can tell you which projects will give you some return on your investment, especially if you are thinking about selling your home as-is.
Before deciding whether to put your home on the open market or look for a cash buyer, consider your goals. If you are trying to off-load an inherited house or need the funds to pay off a tax lien, you may want a quick sale where a cash buyer can help. However, if you have some money to put toward simple repairs that can boost your sale price significantly, then home improvements may be worth the upgrade.
At a minimum, to show your home in its best light, remove old furniture and perform a deep cleaning, including the carpets. Don’t forget about trimming the shrubs and mowing the lawn to improve the curb appeal of your home. Whether you put your home on the open market or sell to a cash buyer, having a decluttered and clean inside can help boost your selling price.
Reduce Your Asking Price to Reflect the As-Is Conditions
Doing comparisons of similar homes in your neighborhood will give you an idea of what your home will sell for in perfect condition. However, if you are unwilling or unable to make repairs to your home, you may have to adjust your asking price.
This can be tricky because you don’t want to lower your asking price so much that you negotiate down from that price. If you strategically list your home at a price that enables a buyer to have enough equity to cover the repairs, the buyer has no grounds to demand an even lower price.
Disclose Material Defects
Most states, including Florida, have mandatory disclosures, so you need to fully disclose any material defects such as a broken HVAC, leaking roof, or cracked foundation, even when selling your property as-is. Failure to disclose a defect could result in legal consequences.
If you are selling an as-is home in Florida, you must disclose any conditions about the property that significantly impact its desirability or value.
Use a Cash Buyer
If you simply don’t have the money for improvements or need to sell your house as quickly as possible, then you may want to consider using a cash buyer. If you are selling an as-is home in Tampa, Kissimmee, Melbourne, or the surrounding areas, contact Simple Sale Central Florida to secure a solid offer for your home.
Unlike selling on the open market, selling your property in an as-is condition to a cash buyer removes the hassle of staging, showing your home, and negotiations with a potential buyer.
Using a cash buyer is convenient because all that is required is a walk-through. There are no hidden fees and no closing costs, and your home is sold within 30 days or less.
Choose Simple Sale Central Florida to Sell Your As-Is House
If you need to secure a house sale fast and avoid the hassle of listing your home, Simple Sale is an excellent solution. We specialize in several types of properties, including those:
- Involved in a legal dispute or divorce proceedings
- Need extensive repairs
- Stuck in probate
- In pre-foreclosure
- With a tax lien
Unlike other buyers, we have experience handling properties involved in all these types of legal and financial issues. We use that experience to help you through the selling and buying process.
The Simple Sale process is quick and easy. In just four steps, you can sell your as-is or distressed property.
- Call Us
The first step is to get in contact with the Simple Sale team. If you send us a message through our contact form with your information, we’ll be in touch in 24 hours. We may have a few questions about your property and situation to help us better prepare an estimate.
2. Arrange a Walk-Through
When we speak with you, we’ll organize a walk-through of your house at a convenient time for you. The sooner we can see your home, the quicker you’ll receive your offer. During the walk-through, our experienced team members can appraise your home’s value.
3. Get Your Offer
On the same day as your walk-through, you’ll receive a fair offer from your contact at Simple Sale. There’s no legal requirement to accept this offer. However, once you do accept it, we can immediately begin the buying process. If there are outstanding legal problems like a tax lien or pre-foreclosure, we’ll work with contacts to fix them before the sale goes through.
4. Receive Payment
Once we’ve completed the sale, you’ll receive your payment in full. Simple Sale takes on the closing fees and any other costs, meaning you get the entirety of the offer we make. The entire process takes less than a month.
If you need to sell your home quickly in Florida, call Simple Sale today at (407) 338-4183 to learn more about our process. Whether you have to move for a new job across the country or can no longer afford your mortgage payments, we can help.
This article is meant for informational purposes only and is not intended to be construed as financial, tax, legal, real estate, insurance, or investment advice. Simple Sale encourages you to reach out to an advisor regarding your own situation. Please consult with your advisor when making legal or financial decisions.