Although many home sellers’ initial reactions are to start remodeling right away, it isn’t always necessary. But how do you know when it isn’t in your best interest to remodel before listing your home? Here, we’ll touch on the benefits of selling as-is so you can better determine what works for your situation:
1. Savings
The first, and most obvious benefit, are the savings from skipping the remodeling process altogether. In some cases, the benefits of remodeling might not offset the financial burden, time, and stress of coordinating renovations. Instead, simply decluttering and thoroughly cleaning the property while leaving the rest to the new owner could be a more comfortable alternative.
2. Customization
In some cases, buyers will still want to change freshly renovated areas that don’t match their visions of the perfect home. An unrenovated home can be appealing to buyers who want to make their new home truly feel like their own. For those seeking joy in creating their very own dream space, a clean slate could be exactly what they’re looking for.
3. Flexible Pricing
When you sink a considerable amount into move-out renovations and upgrades, you will need to ask a higher listing price to recoup the costs. However, if the home is sold as-is, the margin will allow for a wider range of asking prices. If a quick transaction is important to you, then the ability to price lower will ensure a faster closing time.
4. Fast Cash Sales
There are services willing to pay cash for your home. In turn, they will remodel the home after purchase to resell at a profit. As one of my listing services, I can generate a cash offer for you from an iBuyer service to review to see if this would be a good fit for your needs. However, be warned that, although this is a way to sell quickly, it isn’t the most lucrative. Be sure to look into all possibilities first, and consider this option only if all others aren’t feasible.
Still not sure whether to sell your home as-is? Feel free to reach out to me at 480-355-8645 for a customized list of options to sell your home. Together, we can discuss your needs to determine the best course of action for your situation.
