{"id":1368,"date":"2024-12-06T10:04:35","date_gmt":"2024-12-06T10:04:35","guid":{"rendered":"https:\/\/johnsonteamrealestate.com\/?p=1368"},"modified":"2024-12-06T10:04:36","modified_gmt":"2024-12-06T10:04:36","slug":"should-you-sell-your-house-as-is-or-make-repairs","status":"publish","type":"post","link":"https:\/\/johnsonteamrealestate.com\/index.php\/2024\/12\/06\/should-you-sell-your-house-as-is-or-make-repairs\/","title":{"rendered":"Should You Sell Your House As-Is or Make Repairs?"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20241125\/20241202-Should-You-Sell-Your-House-As-Is-or-Make-Repairs-original.png\" alt=\"\"\/><\/figure>\n\n\n\n<p>A&nbsp;<a href=\"https:\/\/www.nar.realtor\/sites\/default\/files\/2024-11\/2024-profile-of-home-buyers-and-sellers-highlights-11-04-2024_2.pdf\" rel=\"noreferrer noopener\" target=\"_blank\">recent study<\/a>&nbsp;from the&nbsp;<em>National Association of Realtors<\/em>&nbsp;(NAR) shows most sellers (61%) completed at least minor&nbsp;<a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2024\/10\/22\/planning-to-sell-your-house-in-2025-start-prepping-now\/?a=288543-40d7740f2864fc3cfabe0c61580e4cb5\" rel=\"noreferrer noopener\" target=\"_blank\">repairs<\/a>&nbsp;when selling their house. But sometimes life gets in the way and that\u2019s just not possible. Maybe that\u2019s why,&nbsp;<a href=\"https:\/\/www.nar.realtor\/the-top-10-highlights-from-nars-2024-profile-of-home-buyers-and-sellers%E2%80%8B\" rel=\"noreferrer noopener\" target=\"_blank\">39%<\/a>&nbsp;of sellers chose to sell as-is instead (<em>see chart below<\/em>):<\/p>\n\n\n\n<p><a href=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20241125\/20241202-39-of-sellers-chose-to-sell-their-house-as-is-original.png\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a>If you\u2019re feeling stressed because you don\u2019t have the time, budget, or resources to tackle any repairs or updates, you may be tempted&nbsp;<a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2024\/10\/02\/secrets-to-selling-your-house-quickly\/?a=288543-40d7740f2864fc3cfabe0c61580e4cb5\" rel=\"noreferrer noopener\" target=\"_blank\">to sell<\/a>&nbsp;your house as-is, too. But before you decide to go this route, here\u2019s what you need to know.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>What Does Selling As-Is Really Mean?<\/strong><\/h4>\n\n\n\n<p>Selling as-is means you won\u2019t make any repairs before the sale, and you won\u2019t negotiate fixes after a buyer\u2019s inspection. And this sends a signal to potential buyers that what they see is what they get.<\/p>\n\n\n\n<p>If you\u2019re eager to sell but money or time is tight, this can be a relief because it\u2019s that much less you&#8217;ll have to worry about. But there are a few trade-offs you\u2019ll have to be willing to make. This visual breaks down some of the pros and cons:<\/p>\n\n\n\n<p><a href=\"https:\/\/files.keepingcurrentmatters.com\/KeepingCurrentMatters\/content\/images\/20241125\/20241202-The-Trade-Offs-of-Selling-Your-House-As-Is-original.png\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a>Typically, a home that\u2019s updated sells for more because buyers are often willing to pay a premium for something that\u2019s move-in ready. That\u2019s why you may find not as many buyers will look at your house if you sell it in its current condition. And less interest from buyers could mean fewer offers, taking longer&nbsp;<a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2024\/10\/23\/how-long-will-it-take-to-sell-your-house\/?a=288543-40d7740f2864fc3cfabe0c61580e4cb5\" rel=\"noreferrer noopener\" target=\"_blank\">to sell<\/a>, and ultimately, a lower price. Basically, while it\u2019s easier for you, the final sale price might be less than you\u2019d get if you invested in repairs and upgrades.<\/p>\n\n\n\n<p><strong>That doesn\u2019t mean your house won\u2019t sell \u2013 it just means it may not sell for as much as it would in top condition.<\/strong><\/p>\n\n\n\n<p>Here\u2019s the good news though. In today\u2019s market, as many as&nbsp;<a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2024\/11\/04\/is-a-fixer-upper-right-for-you\/?a=288543-40d7740f2864fc3cfabe0c61580e4cb5\" rel=\"noreferrer noopener\" target=\"_blank\">56% of buyers<\/a>&nbsp;surveyed would be willing to buy a home that needs some work. That\u2019s because affordability is still a challenge, and while there are more homes for sale right now, inventory is&nbsp;<a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2024\/10\/28\/why-your-house-will-shine-in-todays-market\/?a=288543-40d7740f2864fc3cfabe0c61580e4cb5\" rel=\"noreferrer noopener\" target=\"_blank\">lower<\/a>&nbsp;than the norm. So, you might find there are a few more buyers who may be willing to take on the work themselves.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>How an Agent Can Help<\/strong><\/h4>\n\n\n\n<p><strong>So, how do you make sure you\u2019re making the right decision for your move? The key is working with a pro.<\/strong><\/p>\n\n\n\n<p>A&nbsp;<a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2024\/10\/31\/how-real-estate-agents-take-the-fear-out-of-moving\/?a=288543-40d7740f2864fc3cfabe0c61580e4cb5\" rel=\"noreferrer noopener\" target=\"_blank\">good agent<\/a>&nbsp;will help you weigh your options by showing you what comparable homes in your area have sold for, what updates your neighbors are making, and guide you in setting a&nbsp;<a href=\"https:\/\/www.simplifyingthemarket.com\/en\/2024\/11\/08\/why-you-need-an-agent-to-set-the-right-asking-price-infographic\/?a=288543-40d7740f2864fc3cfabe0c61580e4cb5\" rel=\"noreferrer noopener\" target=\"_blank\">fair price<\/a>&nbsp;no matter what you decide. That helps you anticipate what your house may sell for either way \u2013 and that can be a key factor in your final decision.<\/p>\n\n\n\n<p>Once you\u2019ve picked which route you\u2019re going to go and the asking price is set, your agent will market your house to maximize its appeal. And if you decide to sell as-is, they\u2019ll call attention to the best features, like the location, size, and more, so it\u2019s easy for buyers to see the potential, not just projects.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Bottom Line<\/h3>\n\n\n\n<p>Selling a home without making any repairs is possible in today\u2019s market, but it does have some trade-offs. To make sure you\u2019re considering all your options and making the best choice possible, let&#8217;s have a conversation. Give Johnson Team Real Estate a call at 360-303-2734.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A&nbsp;recent study&nbsp;from the&nbsp;National Association of Realtors&nbsp;(NAR) shows most sellers (61%) completed at least minor&nbsp;repairs&nbsp;when selling their house. But sometimes life gets in the way and that\u2019s just not possible. Maybe that\u2019s why,&nbsp;39%&nbsp;of sellers chose to sell as-is instead (see chart below): If you\u2019re feeling stressed because you don\u2019t have the time, budget, or resources to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1368","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry"},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"fawn","author_link":"https:\/\/johnsonteamrealestate.com\/index.php\/author\/fawn\/"},"_links":{"self":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/1368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/comments?post=1368"}],"version-history":[{"count":1,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/1368\/revisions"}],"predecessor-version":[{"id":1369,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/1368\/revisions\/1369"}],"wp:attachment":[{"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/media?parent=1368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/categories?post=1368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/johnsonteamrealestate.com\/index.php\/wp-json\/wp\/v2\/tags?post=1368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}