According to Keeping Current Matter, a recent study from the National Association of Realtors (NAR) shows that 61% of sellers completed at least minor repairs before selling their homes. However, 39% of sellers chose to sell as-is, often due to time, budget, or resource constraints.
What Does Selling As-Is Really Mean?
Selling as-is means you won't make any repairs before the sale, and you won’t negotiate fixes after a buyer’s inspection. While this may seem like an easier option, it comes with trade-offs. Homes that are updated tend to sell for more, as buyers are often willing to pay a premium for a move-in ready home. Selling as-is may attract fewer buyers and could result in a longer time on the market, potentially leading to a lower sale price.
The good news is that 56% of buyers are open to purchasing a home that needs work, especially in today’s market, where affordability remains a challenge. This means there may still be buyers willing to take on the necessary repairs themselves.
A skilled agent can help you evaluate your options by comparing local sales and advising on pricing strategies. Whether you choose to sell as-is or make repairs, your agent will market your home effectively, emphasizing its best features to attract buyers.
Selling as-is is possible in today’s market, but it’s essential to understand the trade-offs. To ensure you're making the best decision for your sale, contact Benson Group today. Our team of professionals will guide you every step of the way to help you achieve the best possible outcome.
Source: Keeping Current Matter
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