How much do you LOSE Selling a Home “As-Is”: Pros & Cons, plus the Simple SECRET to Top Dollar.
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- Опубликовано: 24 окт 2023
- Do you lose money selling your house as-is? What are the PROS and CONS of not repairing or fixing up your home? In this video, I'll break down the upsides of selling "As-Is" and the downsides of not doing a thing - when it comes to selling a house.
**WATCH TILL THE END** - I'll share with you the secret to selling your home "As-Is" and getting the most money out of your house.
Have any more questions on the selling process?
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Any QUESTIONS?: Reach Out NOW
858.335.4597 l jade@jadejustsoldit.com
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If you are considering selling your property in the next 12 months, reach out and we can discuss your plans and how to prepare to list. This is a shifting market and I would be happy to assist you.
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Jade Lee-Duffy is a San Diego Real Estate Agent (DRE: 02076344), a Residential homes specialist with AK Broker. Serving the Greater San Diego communities. Interview Jade to sell your home for more and as quickly as possible using modern marketing strategies or allow her to guide you through the buying process and achieve your dream home.
CONTACT ME:
Call / Text: 858.335.4597
Email: jade @jadejustsoldit.com
www.jadejustsoldit.com
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#sellingasis #homesellingtips #homesellingspecialist #livinginsandiego #sandiegorealtor #jadejustsoldit
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This woman is sensational! Thank you again for the incredible effort and energy; not to mention the invaluable information.
Infinite love and gratitude from Colorado!
Wow! Thank you for the kind words. I’m glad I could help! If you have any more questions, text/call me at (858) 335-4597. Good luck with everything. Jade
Some Buyers think that a working yet older HVAC system is reason to ask for a new unit or credit at closing. That would be considered an upgrade, not a repair. That's void of logic to replace a working unit, despite its age. Advertise "everything is working, but selling AS IS."
Thanks for watching! Have you had this experience with buyers?
As a buyer, I'll have to make an offer based on what I see and what the seller discloses. If inspection shows the home is not worth the price offered, expect the buyer to ask for an adjustment. If you don't want that request, just say what is wrong with the house on the listing. Buyer don't because they want a transfer of wealth they don't deserve. My ex agent called this "the name of the game."
I refuse to buy as is and if an air conditioner is old it needs replaced because in Florida ac runs constantly and has a 10 year life.
If you want a new house go get one-at a premium. Price the house fairly.
Don’t say “As is” in the advertising unless it needs repairs. That language is interpreted as “repairs required”
Each state and market have different requirements regarding As-is. Back in 2021 every home in our market was AS-IS because the market was hot. Not so now. But in Hawai‘i, where I’m a licensed broker, the buyer still has all the same rights to negotiate fixes. I usually advise both sides to be prepared to fix safety issues but not ‘dated’ items that need upgrade.
Thanks for sharing. Yes, totally agree to fix safety issues. And the buyer always has the right to negotiate repairs. Now if the seller is willing to do/negotiate the repairs is another story…
Really helpful to get this perspective. Thanks!
Thanks for watching Lynette! Are you considering selling “as is”?
Thanks Jade 😊
You’re welcome 😊 Let me know if you have any more questions. Call/text me (858-335-4597).
Thanks for information. Trying to sell my house. Needs kitchen update but very sound home. Have had potential buyers but no offers. My biggest problem is my neighbor and his junk.
Glad the video was helpful. Sorry to hear you haven’t had any offers yet. How long has it been on the market?
You should call your city inspectors and have your neighbor fined if they have junk outside their home! The tickets they'd have to pay will make them clean up their place.
No, one wants to live next to a junk yard! Good luck to you!!
Ugh. I wonder if you could call the city or the county? Or, perhaps try offering to pay for a clean up or dumpster?
@@j.t.1215 Good idea, offer to pay $500 for the dumpster and alittle excersize and a day you coiuld have the yard completely picked up. The best $500 you could spend!!
Excellent information Jade. Thank you..🌴🏖
You're so welcome! Which tip did you think was the most helpful?
I learned a couple things, thank you!
Thanks for watching! I’m so glad it was helpful. If you have any more questions, feel free to contact me.
As a buyer, I recommend not paying earnest or inspection on home sold as-is, where the seller claims no knowledge to disclose. Stay away from homes held in trust and homes used as rentals. Ask why they don't they want to keep it as a rental?
Thanks for watching! Have you bought or sold a home as-is?
As a real estate investor, many times we sell rentals to deploy that money towards another property. At a certain point the return on investment reaches its maximum and it is time to sell the home.
Nope!!! My next to last realtor did a horrible job. I stated I was selling "as is" but I believe he sold it FHA, and I had to make a ton of repairs!!! He definitely didn't protect me throughout the whole process, out to make a quick buck IMHO. The other realtor bullied me all the way through and he allowed it. He didn't explain or point out the repair aspect of accepting a FHA offer. If that was the case I wouldn't have sold it so under market! In the end, it sold about 40k under. I lost a bundle. Flash forward to today, I had a "professional" realtor, did not sell as is, and yes there were repairs, but a full market offer, plus he came to the closing signing. Selling is hard work; having a proper realtor is *critical* for your sanity and your pocketbook. I'd never use or recommend the first realtor.
Thanks for sharing. What an awful experience! Glad that you eventually found a good realtor.
Yeah generally speaking don't sell FHA or DACA. Anything direct Government-backed is a problem. You had an awful realtor. I know how that feels. I have to sell mine at 20k loss because my realtor who helped me buy it failed to point out that people were living above me. It's noisy as hell. Plus, she didn't negotiate on my behalf to give me a good price. She mentioned waiving appraisal and inspection was a good idea.
If you can do the work yourself it might be worth it - otherwise it is an opportunity lost.
Thanks for watching! Yes, if you can do the work yourself it would add a lot of value to the home. However in this case, the homeowner lived out of state and it didn’t make sense to take on these projects (while we did initially look into it). If you have any more questions, feel free to call/text me at (858) 335-4597.
If my house is very dated but everything is in good working order do you have to sell as is?
Good question. No, generally “as is” in the property description would mean that there are serious issues with the house (not just being dated”). That being said, ALL houses are sold as-is, and homeowners are not obliged to fix anything. If you want to discuss this more, feel free to call/text me at (858) 335-4597.
You are right about th 5% off market/ list@as is,good video less cut ins plz.
Thanks for watching Robby. Glad you found some value in it. So, have you noticed “as-is” houses in your market? Thanks for your editing suggestion, will keep it in mind.
I would only sale as is… if the house is in disrepair.😅
Yes, if the house needs a lot of repairs, might be better to sell “as-is”. If you have any more questions, feel free to DM at 858-335-4597.
So why even label “As Is”? 😊 Just market the house in whatever condition it’s in, like “gently used” furniture lol. Shoppers know what’s a fair price. Whether labeled “As Is” or not, it is the buyer’s responsibility to do the fine-tooth-combed professional home inspection. Cheers!
Thanks for watching and sharing your thoughts.
I have minor repairs, like changing the carpet and replacing the hot water heater. Should I sell as is or replace the carpet and hot water heater so that I can sell at market value. Ty.
I would like to think, that I do not want to purchase as is. Only if I had the money and crew to make it happen.
Thanks for your comment! Yes, it can be a challenge buying an “as-is” property. Have you come across very many in your area?
@@jadejustsoldit,
I live next door to a home that need to sell “as is”🧐
Let's say your house needs $10K of repairs. So you accept an offer that is 10K less than an appraisal. The alternative is to spend the 10K in repairs prior to listing. Since repairs have paybacks of less than 50 percent, I'm in favor of the as is approach.
Thanks for your comment. Totally agree. And doing $10k worth of repairs will probably quite a bit of time and effort (to get the repairs all coordinated). Have you negotiated repairs before?
I have never had a hard time getting an as-is house to sell.
Thanks for watching. That’s great. How many homes have you sold?
What about noise? Is that something I need to disclose? Or is it only structural?
If you think the noise is a nuisance and could make someone think twice about living there because of the noise. It’s best to disclose.
Don’t forget selling at top dollars means paying top dollar in taxes as well.
Thanks for your comment! Have you had this experience before?
Property taxes or capital gains ? Big difference.
@@paulbrungardt9823 You'll have capital gains taxes to the IRS, state depending on what state you live in and some cities or counties.
Geeze we're being taxed to death in this country!
People fled the United Kingdom to start a new life in America due to astronomical taxation!
Now Americans pay, on average, 60% taxes on almost everything!
We've been looking at moving to other countries that are more affordable.
The other things on our list to move to another country includes
Not a member of ANY of the international ABC GROUPS
Fertile land for farming and livestock
Clean and accessible water that's in abundance, melting snow from mountain run off is available even in the countries with hot or tropical seasons
Low crime rate
No taxes on retirement income along with a flat or low tax rate for income you earn.
Countries that are MUCH LESS CORRUPT THAN THE UNITED STATES AND THE NATO/EU COUNTRIES! Yes almost every country in the world has SOME CORRUPTION but nowhere near what the United States and European countries.
I think that about covers everything we're wanting 🤔
I have seen many homes on desirable land that have been tastelessly upgraded and the seller wants the money for the “upgrades” in his selling price. I view those as my needing to pay for rip and replace costs, so I seethem as overpriced. I’m talking to all you “upgraders” who use everything trendy in your upgrades and have no style sense. Quit it with the subway tile, barn doors (unless repairing a barn), grey colors everywhere. Ughh!
Thanks for watching and sharing.