Are you interested in selling your house fast and in an as-is condition? If so, now is the time to take action, according to Houzeo. In fact, according to information from the NAR – National Association of Realtors – thanks to low-interest rates, low inventory, and increasing job growth, the U.S. is currently in a “seller’s market.”
If you want to sell a house with foundation problems, you do have options. While the problem needs to be fixed, you have to decide whether you will fix the foundation problem yourself and then sell the house, or if you’re going to sell the house “as is’’ and let the new owner handle it.
However, just because the ball is in your court as a seller, it does not mean that a sale is guaranteed. You have to make sure you take the right steps to help ensure you get the desired results. Keep reading to get the do and don’ts you need to keep in mind as you attempt to sell your house as-is.
Don’t: Ask for Too Much for Your Home or Property
If you are like most people, your home is probably the most expensive thing that you own. As a result, you are probably going to want to get as much money as possible when you are ready to sell. If you have updated some of the features in your home, you may think you can ask even more. However, remember, you are selling as-is, which means you are not making any additional repairs. You have to account for this when you are picking a selling price.
Remember, if you try to ask top dollar for your home, it is going to slow down the sale.
The amount of time your home stays on the market is directly related to the price. If your home is listed for too much, it will probably sit for sale for over 30 days with no offer. Also, as the days continue to pass without an offer, there is a good chance you will lower the price, anyway. This can be problematic, too, since buyers may see this as a red flag that there is a reason your house is not selling.
Just price it properly, to begin with. You can consult with the professionals if needed to help you with this.
Do: Be Ready to Show Your Home to Potential or Interested Buyers
Most buyers will look at about ten homes before they make a single offer. If you do not make your home available to be seen when buyers are looking, you are guaranteed to miss out on an offer. Potential buyers will just skip your home and property and instead make offers on the properties they can see.
While it may be a pain to keep your home uncluttered or clean for weeks on end – especially if you are still living there – it is necessary. You want to ensure anyone who may be interested in the property can see it on their schedule.
Don’t: Lead with Certain Contingencies
The purpose of selling a home as-is will be to sell it quickly and “as-is.” This means you are not making repairs or upgrades. It also means that you may need to avoid all sorts of contingencies on a potential buyer. In fact, if you try to do this, it may just scare possible buyers away.
Are You Ready to Sell?
When it comes to selling your home as-is, there are many things for you to think about. Be sure to keep the information here in mind to get a quick sale that is going to provide you with the best possible price. Remember, there are never any guarantees in the housing market, and things may change quickly – as a result, you need to be ready to change and adapt as needed. When selling as-is, keeping all the do’s and don’ts here in mind will pay off.