After being consistently chiseled down by many over critical and deceitful buyers of properties I have recently sold, I am seriously considering selling in the future "As is."

One of my concerns is that I have been warned to never advertise them as such, because it instantly turns off a lot of good people who would otherwise be potential buyers.

In any case, I would greatly appreciate any input and guidance on this overall procedure and any other cautionary negatives - or positives.

From my past experience, to avoid any future conflict over what was or was not said during future negotiations, I would advise being totally open about properties being sold As is right up front in your ads.

Depends on your market and your price point. Here, houses under $300k or so are routinely sold "As Is." Buyers are still allowed to do inspections and can still haggle with you if they want, but usually it's just take it or leave it.

I sell as-is. I'm not HGTV. I sell to first time home buyers who are looking for a place to kick off their shoes and love their wives. ;)

As brash as that may sound, I am 100% dead serious. If they don't like what I have to offer after I just spent 2 to 6 months remodeling the entire place, I don't care if they want it. They can go somewhere else. I'm not in the game of catering to picky buyers.

If you don't like the idea of selling as is, then don't advertise like that. What you can do is if they elect to have inspections done, tell them that is fine right up front that you can get whatever inspections you want for your own benefit, but I don't want to know what's wrong and you can fix it yourself when you buy it.

And if you are not comfortable with doing it that way, get the inspections wishlist of what the buyers want and X off the nonsense, because it will mostly be stuff that's not really needed. Focus on fixing the gigantic issues (as long as they are easy) or fix all the small nonsense and pass on the big wishlist items unless its bank required.

Be careful with some lending institutions as they will require their own inspection above and beyond what the buyers get. If that's the case, FIX NOTHING until you get the bank's list of demands.

You must focus on minimizing what you fix because sometimes they still walk and you'll be out that money and be lucky if you can even keep the deposit. Then along comes the next buyer with a new list of demands and the next thing you know, you're posting here for solutions.

Also, the reverse works when your buying. Buy as-is, stay low as-is in your offers. Creep up with inspecting and desire for solutions as your offers go up.

Move incrementally when buying and selling.

A lot depends on the house you are selling. If it is top notch condition and updated I wouldn't sell in "as is" condition. You will loose at least 20-30% of top buyers who won't look at as-is and will assume that there is something major wrong with the property. If it is a marginal property or in need of repairs it is not that big a deal, you won't attract those buyers anyway. How hot the market also factors in, hot market not as big a deal, cold market and you have less buyers from the start.

I had a friend who wanted to sell their old residence. They purchased a new home and rented out their old property. It needed a lot of work and they though they had only two choices:

1) Fix up the home for $100,000 and sell at the top of the market

or

2) Sell the house as-is and take whatever they could get!

I came up with a 3rd option. Do some cheep fixes to show the property has potential and character. So for less than $10,000 we gave it a make over. Paint, flooring, blinds, curb appeal (landscaping), new kitchen counter and custom painted the old cabinets with new hardware.

The house sold quickly because it was priced accordingly. They spent 10K and got a reasonable market price without going overboard.

In TX, all sales contracts for 1-4 Residential Housing specifies that the sale is "as-is" except for what's listed below. I don't know why you have to advertise "as-is" since it's always assumed. You do have to disclose known defects and issues.

That's the list I'd repair, but don't go overboard repairing everything. A buyer's home inspector will need to find something wrong with the house to justify their service. Give them some easy cheap targets so they don't have to spend time finding a target.

I disagree with those that say inspectors are useless. I value them and that report gives me a really good idea of the condition and the potential items that need fixing. Plus, it only costs a few hundred, and I can usually use the report to get at least $500 off the sales price concerning some defect they found.

In my case, they found out my new house had CSST gas tubing and alerted me to the issues with CSST tubing, mainly lightening strikes could perforate pipe if struck and both leak and ignite the gas inside. Considering I'm in a lightning zone, that was important to know.

LLOTF, we've bought enough houses now that we can do our inspections on major systems OR call in our regular tradesmen to check THEIR specialties (Roof, plumbing, septic, electrical, HVAC, carpenter) either for free or for far less than a "Home Inspector" charges us.

The picayune imperfections that the HIs come up with are not of interest to us.

I operate much like WMH. I haven't hired an inspection done for a while. My first few houses I did, but haven't after that. I got out of a contract recently because I discovered some major (read EXPENSIVE) issues the house had. I have no doubt an inspector would have come up with the same conclusion, but I saved a few hundred by doing it myself.

As is can mean different things to different people. Unless you are buying a new home with a warranty, it is as-is. Home warranties for existing homes are really more of appliance warranties.

I was a licensed home inspector for 7 years. I don't think it turns people off, but it also does not deter them from asking you for more money off or to fix something if they found an issue. Of course you can refuse to do so....you both have "rights"...they have the right not to buy, you have the right not to fix anything.

I'd say of the houses I inspected that were sold "as is", 90% of the buyers still asked for things to be fixed.

1.) Make sure that paint, cabinets, flooring, appliances, decor, lawn, and flower beds are all new.

2.) Price your home no higher than mid point of your house comps.

3.) Be willing to fix anything the buyer mentions.

These are the tips to sell your home that a local realtor mentioned on social media.