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ACB Realty, Inc. - Real Estate Brokerage Serving Eastern MassachusettsACB Realty, Inc. - Real Estate Brokerage Serving Eastern Massachusetts

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Selling Your Home: Should You Make Repairs or Go As-Is?

According to a recent study by the National Association of Realtors (NAR), 61% of sellers made at least minor repairs before putting their house on the market. However, for the remaining 39% of sellers, life’s challenges—like tight budgets or limited time—made selling as-is the best choice.

If you're considering selling your home without repairs, here's what you should know before deciding.

20241202-39-of-sellers-chose-to-sell-their-house-as-is-original_cleanup

What Does Selling As-Is Really Mean?

Selling as-is means you list your home in its current condition, without committing to any repairs or updates before or after a buyer’s inspection. For sellers who are short on time or resources, this approach can seem like a stress-free solution. But it’s important to understand the trade-offs:

  1. Pros of Selling As-Is:
    • No need to spend time or money on repairs.
    • Simplifies the selling process for you.
  2. Cons of Selling As-Is:
    • Your home may attract fewer buyers.
    • Fewer offers could lead to a lower sale price.
    • It might take longer to sell.

Homes that are move-in ready typically sell for more because buyers are often willing to pay a premium for convenience. By selling as-is, you may leave money on the table compared to what you could earn with some updates.

20241202-The-Trade-Offs-of-Selling-Your-House-As-Is-original_cleanup

The Good News

The current housing market still offers opportunities for sellers. According to recent data, 56% of buyers are open to purchasing a home that needs some work. Why? Many buyers are seeking affordability and are willing to take on projects in exchange for a lower purchase price.

While selling as-is might mean a lower asking price, it doesn’t mean your home won’t sell—it just requires a different strategy.

How an Agent Can Help

Navigating the decision to sell as-is is easier with the guidance of a real estate professional. Here’s how an agent can help:

  • Pricing Expertise: They’ll analyze comparable homes in your area and help you set a competitive price.
  • Marketing Strategy: Whether you sell as-is or invest in repairs, an agent will highlight your home’s strengths—like its location or unique features—to appeal to buyers.
  • Guided Decision-Making: They’ll outline the potential outcomes for both scenarios so you can choose the best option for your situation.

An experienced agent ensures your home stands out, even when it’s sold as-is, by emphasizing its potential rather than its imperfections.

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ACB Realty, Inc. is a Massachusetts-based real estate brokerage providing trusted guidance for buyers, sellers, and investors through every step of the process.

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