Should you sell as-is or update?

On social media, I recently posted an article about the pros and cons of buying a home “as-is”. Here are my thoughts on the question. Some homes are still selling quickly, less than 2 weeks. Some of these have features that separate themselves – they have a view, a gated community, or some other special nuance.

But, I have found, the most important thing you can do to sell your house in this market is have it move-in ready. Now, with that said, choosing what to do to get to move-in ready can be complicated and is definitely budget driven. Cleaning, newer flooring, and painting are the most affordable things you can do to make an older home look new again. I recommend getting a pre-inspection and fixing everything on that list so you can assure buyers that they are not inheriting your problems. If the home isn’t updated, agents and buyers alike will look at the approximate cost to update it. Then, they’ll reduce their offer price by 15-20% less than asking. They feel there should be a convenience fee for doing the repairs or remodels themselves. So, let us help. We can help you determine what needs to be updated and what your costs will be – and how much you can expect to gain with the sale as a result.

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