If you’re thinking about selling my home, you’ve probably wondered whether you need to make repairs or updates before putting it on the market. A study from the National Association of Realtors (NAR) found that 61% of sellers completed at least minor repairs before selling their house. However, life doesn’t always allow for that, which is why 39% of sellers chose to sell as-is instead.

If you’re short on time, money, or resources, selling as-is might sound like the easiest option. But before making that decision, it’s important to understand what it really means and the potential trade-offs.

What Does Selling As-Is Mean?

Selling a home as-is means you’re offering it in its current condition without making any repairs or updates. You also won’t negotiate repairs after a buyer’s inspection. Essentially, what buyers see is what they get.

This approach can be appealing if you’re eager to sell and want to avoid the costs or hassle of fixing up your home. However, there are some trade-offs to consider:

• Pros: Selling as-is saves time and money upfront.

• Cons: Fewer buyers may be interested, which could lead to fewer offers, a longer time on the market, and ultimately a lower sale price.

While an updated, move-in-ready home typically sells for more, many buyers today are open to purchasing homes that need work. According to recent data, 56% of buyers would consider a fixer-upper, largely because affordability remains a challenge in the housing market.

How Much Does a House Cost to Sell As-Is?

If you’re wondering, what is my home worth in its current condition, it’s a good idea to consult tools like a free home value estimator or sell my house calculator. These tools provide a general idea of your home’s value, but working with a professional is the best way to get an accurate picture.

Selling as-is may reduce home selling costs upfront, as you won’t be investing in repairs or upgrades. However, it’s important to remember that a lower asking price could offset those savings.

How Can a Realtor Help?

Partnering with an experienced agent—like the professionals at The Real Estate Collective or trusted Cookeville TN realtors—can make all the difference when selling your home. Tennessee real estate agents are experts in real estate in the Upper Cumberland and can help you weigh your options.

Here’s how an agent can assist:

1. Pricing Guidance: A realtor will show you what comparable homes in your area are selling for and help you set a fair price.

2. Marketing Expertise: Whether selling as-is or after updates, an agent will highlight your home’s best features, such as location and size, to attract buyers.

3. Local Market Insights: They’ll provide insights specific to Tennessee real estate, ensuring your home appeals to the right audience.

Bottom Line

Selling a home as-is is a viable option, but it comes with trade-offs. To make the best decision for your situation, consult a professional. Whether you decide to invest in repairs or sell as-is, an experienced real estate agent can guide you every step of the way, helping you achieve the best outcome.