Anyone who is considering selling their house in St. Louis as-is should know that there are more options available to them than the “traditional” method of finding a real estate agent who can then market their property to area residents. Is selling your house as-is the right option for you?
Many people mistakenly assume that in order to sell their home, they must first partner with a real estate agent. Once they have agreed to do business with an agent, they then begin a long process or simply getting the home ready to be shown to prospective buyers.
What all does this long process entail? At the most basic level, the house must be attractive enough inside and out to be shown to people who are interested in your home. This may sound simple enough, but the reality is that maximizing curb appeal and staging the interior of your home in an appealing way take significant time and money.
You’ll need to be prepared to evaluate everything from the exterior landscaping to the paint colors inside the home, and whether that paint needs to be touched up. Lots of smaller issues that you may have grown used to over time might turn out to be the one factor that prevents a potential purchaser from moving forward with buying your home.
Once you have the basics addressed so that the house can be shown to prospective buyers by real estate agents, you’ll also then need to focus on repairs. There are some repairs you will need to make simply to pass inspection. There are other repairs that you will need to make for the convenience of the home buyer. Buyers and sellers will often negotiate over those repairs in relation to asking price, as some might be willing to forego the repairs in exchange for lowering the sale price of the home.
If all of this sounds like it will cause you a headache, you’re right, it will! But as mentioned before, the more serious consequence is the time and money lost in the process. You’ll spend time painting, decluttering, and making minor repairs, and then potentially more time negotiating around larger repairs. And then you’ll probably wind up spending money to make whatever repairs are needed to close the sale.
All of this makes selling a house in St. Louis as-is a very appealing option. When you sell a home as-is, you don’t have to worry about staging the home. You don’t have to worry about making repairs (either minor or major). And you don’t have to worry about negotiating which repairs you will make and how those repairs will impact the sale price.
An as-is sale, if you are not familiar with the term, simply means that the buyer is taking the property in the condition it is currently in. There’s no tedious tidying of the home, no tinkering with repairs, and no obtaining price quotes from contractors who would fix your roof, driveway, etc. in order to complete the sale. You and your buyer will agree on a price and move forward with the sale. They will then take care of any work to be done to the house after the sale, leaving you with nothing to worry about.
If selling your St. Louis area property as-is sounds like something that fits your lifestyle and budget and you’d like to learn more, you can contact one of our home buying experts today. Just fill out the form located on this site, or give us a call at 314-926-0660. The benefits of an as-is sale are a mere call or click away!