How Much Do You Lose Selling a House As-Is
How Much Do You Lose Selling a House As-Is?
If you’re thinking about selling your home as-is, one of the biggest questions is, “How much less will I get?” The good news is, selling a house as-is can save you time and effort, but it does typically come with a trade-off in the final sale price. Let’s break down what you can expect and how you can still come out ahead.
What Does Selling As-Is Mean?
So, How Much Less Do You Lose?
On average, selling your home as-is can result in receiving **10-20% less** than you might get if you made repairs. However, the percentage can vary widely depending on the condition of your home and the current market. For example:
Minor repairs
(like fresh paint or small cosmetic updates) may only knock a little off the price.
Major repairs
(like foundation or roof issues) could reduce your home’s value significantly.
– In hot real estate markets, you might find that selling as-is has a lower impact on your price, while in slower markets, buyers will be more price-sensitive.
The Costs You Avoid by Selling As-Is
While you might get a lower offer selling as-is, consider the money you save by avoiding repairs:
Repair Costs
Major home renovations can range from $10,000 to $50,000 or more, depending on what needs to be done. Selling as-is lets you skip this upfront cost.
Agent Fees
When selling through a traditional real estate agent, you typically pay **5-6% in commissions**. If you sell directly to a cash buyer, like Hawaii Property Buyers, you avoid these fees altogether.
Time on Market
The longer a home sits on the market, the more money you lose. Selling as-is can significantly reduce the time your home is listed, especially if you sell to an investor who can close in as little as two weeks.
When Does Selling As-Is Make Sense?
Facing Foreclosure
If you’re behind on payments and facing foreclosure, selling as-is can help you avoid damaging your credit while settling your debts quickly. Cash buyers often offer the fastest solution to financial distress.
Inherited Properties
Maintaining an inherited home can be time-consuming and expensive, especially if you live far away. Selling as-is allows you to liquidate the property without dealing with repairs or ongoing maintenance.
Relocation
Need to move quickly for a job or personal reasons? Selling as-is helps you close fast, without being tied down by your old property.
Distressed or Damaged Properties
Maximizing the Sale Price When Selling As-Is
Even though you’re selling as-is, you can still take steps to get the best possible offer:
–Get Multiple Offers: Don’t settle for the first offer you get. Reach out to several cash buyers, including companies like *Hawaii Property Buyers*, to get competitive bids.
–Clean and Declutter: While you don’t need to make repairs, a clean and clutter-free home can make a better impression on buyers, which could lead to a higher offer.
–Be Transparent: Disclose any major issues upfront. This builds trust and prevents buyers from lowballing their offer after inspections.
Why Selling As-Is to Hawaii Property Buyers Can Be a Great Option
If you’re looking to sell your house as-is in Hawaii, Hawaii Property Buyers offers a streamlined, hassle-free solution. Here’s why:
Quick Cash Offers
You’ll receive a fair cash offer within 24 hours, and you can close the sale in as little as two weeks.
No Repairs Needed
Whether your home has outdated features, water damage, or structural issues, they buy your home exactly as it is—saving you from costly repairs.
– **No Fees or Commissions**: You won’t have to pay any real estate agent fees or closing costs, putting more money directly into your pocket.
Final Thoughts
While selling your house as-is may result in a slightly lower offer, it can be the perfect option for homeowners who need a fast, stress-free sale. By avoiding repair costs, commissions, and long waits on the market, you can walk away with more financial freedom and less hassle.
To learn more about selling your house as-is, [check out Hawaii Property Buyers] and explore how they can help you sell your home quickly and easily.
About Hawaii Property Buyers LLC
Hawaii Property Buyers LLC specializes in helping distressed homeowners sell their homes quickly for cash. We buy houses in any condition, offering fair prices and fast closings to help you avoid foreclosure and move forward with confidence. Contact us at 808-940-3430 for more information.
This blog is designed to provide helpful information for homeowners facing foreclosure or pre-foreclosure in Oahu. If you need immediate assistance, please reach out to us directly at 808-940-3430.
