Should I Sell My House As Is? Here's How to Decide

Selling a house 'as is' implies you’re selling it in its current condition — whether it has costly foundation issues or simply needs fresh paint.

Selling as is may be the right path for you if you’re looking for a quick sale — and one that’s less of a hassle than a traditional listing. 

However, unless you're in a highly competitive market, selling as is generally means accepting a lower sale price — although, it could still be worth it if competition for homes in your area is high or repair costs exceed the potential return on investment.

Here’s how to figure out whether selling your house in its current condition is right for you — and the factors that affect your as-is home value.

⚡ Take the guesswork out of selling your house. Get competing cash offers to see how much your house could sell for as is. Plus, get a free, no obligation consultation from a top local realtor.

What does it really mean to sell your house as is?

"The 'as-is' checkbox on a home purchase contract primarily serves to inform buyers that the property is being sold in its current condition, and the seller is not responsible or obligated to make any repairs," explains real estate investor and former realtor Steve Nicastro. 

However, Nicastro notes that "the clause doesn't prevent the buyer from conducting a home inspection or from trying to negotiate repairs or credits based on the findings." Sellers are still responsible for disclosing any known issues with the property. 

"If a significant issue is discovered during the home inspection that was not disclosed on the seller's property disclosure form, the buyer might argue that the issue should have been disclosed," says Nicastro. "In such cases, the buyer may have grounds to request a price reduction, a credit, or even to back out of the sale, depending on the severity of the issue and the contract terms."

However, by listing your home as is, you're more likely to attract buyers who anticipate repairs from the outset. These include investors and bargain hunters willing to take on a fixer-upper.

Common reasons to sell a house as is

You need to sell quickly: Selling your house as is could be a good option if you need to sell fast, such as to avoid foreclosure or move for a job. "If there is a time crunch, it might be best to take a cash offer and move on," advises Suzanne Seini of Innovate Realty. But "if you have the time to wait, it doesn’t hurt to test the market and try and get a premium for your home."

You live in a competitive market: Also consider your local real estate market. "If the market is slow," says Elisha Lopez, a licensed broker and owner of Ocala Realty World in Central Florida, "you may want to fix up the house to increase the number of potential purchasers. But if there is low inventory and high demand in your area, you will be able to sell your home as is."

You want to avoid repairs: You may also consider selling as is if you live in (or have recently inherited) an outdated home and don't want to put money into repairs. In that case, it may make sense to let the buyer remodel so they can create the home they want.

Options for selling your house as is

1: Sell your house as is to a cash buyer

Cash buyers include individual investors and larger companies like We Buy Ugly Houses. 

The benefit of selling to a cash buyer is they can close quickly, sometimes in less than two weeks. Cash buyers are also willing to purchase homes that other buyers won't — with little risk of the financing falling through.

The downside is that investors usually pay less than what your home could potentially be worth. 

"Most investors won't pay more than 70% of a home's after-repair value," says Alex Locklear of NC Cash Home Buyers. "This is because we need to consider the repair and renovation costs, as well as our desired profit."

However, each cash buyer has their own investing strategy, which can result in substantially different offers — even on the same house. Most investors can also help you avoid paying realtor fees and closing costs, which can compensate for the lower sale price.

For the best possible price from an investor, get multiple offers and compare the terms attached.

» LEARN: The best companies that buy houses for cash

📍 More companies that buy houses as is near you

When looking to sell your house as is for cash, your best option may be local.

We researched hundreds of companies and compiled lists of the best local cash home buyers for all 50 states and Washington, DC.

Option 2: Sell your house as is to an iBuyer

iBuyers are large companies, such as Opendoor and Offerpad, that also make all-cash offers on homes. Unlike cash buyers, they operate mostly in major cities and will only buy homes in fairly good condition.

iBuyers offer a quick and streamlined selling experience. You can close in about two weeks, and most of your transactions are handled online. Offers usually aren’t as high as fair market value, but they're usually above what an investor would offer.

However, in exchange for higher offers, iBuyers typically purchase homes in fairly good condition — meaning the updates needed are mostly cosmetic. They also charge service fees of about 5% and deduct for repairs.

If your home has only some wear and tear and you want to avoid the inconvenience of showings, an iBuyer is worth considering. However, if your home needs significant renovations, iBuyers are unlikely to be a viable option.

» LEARN: The best iBuyers for a fast cash offer

Option 3: Hire a realtor to sell your house as is

Putting your home on the market with a realtor will get your home the largest possible audience of potential buyers. While many buyers want move-in ready homes, plenty are looking for bargains. Our recent survey of millennial home buyers found that 67% would purchase a fixer-upper. 

An experienced real estate agent will know how to appeal to buyers who are open to homes that need repairs — and be able to advise on which improvements (if any) may be worth the investment before listing. 

Remember to be upfront about the condition of your home in your listing. Many mortgage providers will not approve financing for buyers purchasing homes in poor condition. 

Disclosing known issues helps you avoid deals falling through because of financing problems — in most states, providing a seller's disclosure is also required by law.

Offset your sale price with lower commissions rates

Listing on the open market could allow you to sell for more than you would with a cash buyer or iBuyer. However, depending on your home's condition, you’ll still likely have to take a price cut. 

To save money, it could be a good idea to find a brokerage that offers discounted commission rates. 

Options include well-known discount brokerages like Redfin and top-rated agent matching services like Clever Real Estate. Companies like Clever connect home sellers to traditional realtors offering discounted rates through their network. 

We recommend screening multiple agents before signing a listing agreement. "Just because someone has a license doesn’t mean they are qualified to really dig deep to get your home sold," cautions top-selling realtor Nathan Clark. "Most agents sell 0-4 homes per year." 

⚡ Find a better agent at a better rate. Get matched with top local agents offering lower rates through our network. Compare agents from the best local brokerages, including major brands like Keller Williams and RE/MAX. Get agent proposals sent straight to your inbox, choose the best fit for you, and get a 1.5% listing fee when you sell.

Risks of selling your house as is

Selling a house as is comes with some potential downsides.

⚠️ Lower sale price

The biggest downside to selling a house as is is a potentially lower sale price. Since buyers are taking on the risk, cost, and time associated with repairs, sellers should expect to make less than what they would if they invested in repairs upfront.

Depending on market conditions and the repairs needed on your house, you could get a better outcome by completing at least some repairs. 

For example, Fort Worth realtor Josiah Carter recently helped a seller put a home on the market after it had received an initial offer of $220,00 from an investor. 

"The seller chose to invest $12,000 in repairs, including new carpet, cabinets, and a fresh coat of paint throughout the house," explains Carter. "After these improvements, the property was listed for $275,000, in line with comparable sales in the area. By choosing to make the repairs, the seller stands to net an additional $43,000 in profit."

That said, if you’re selling in a highly competitive market, repairs may not be necessary to get a decent price. 

"The profit you make depends on the market you’re in," advises Lopez. "In Florida, for example, buyers want to purchase homes despite high mortgage rates. Many sellers still see competitive offers on homes that need work. If you put money into repairs, you decrease your bottom line."

⚠️ Limited buyer pool

As-is properties tend to have a much smaller buyer pool, which is one of the reasons why they also tend to sell for less. Unless you’re in a seller’s market, most buyers will favor homes that are move-in ready.

The primary audiences for homes sold as is are investors and other bargain hunters. While investors offer the convenience of a quick sale and are more willing to buy homes in disrepair, they generally look to purchase these homes at a discount — often only 60–75% of their expected post-repair value.

⚠️ Potential financing delays

If you list your home as is on the open market, you’re at a higher risk of offers falling through because of financing issues. 

Mortgage lenders typically require a home appraisal before approving a loan. If the property has serious issues or is unlivable, many lenders will refuse the loan.

Financing will be less of an issue if you’re mainly entertaining cash offers, such as from investors who already have their financing lined up. But if you’re hoping to sell to a traditional buyer, you should be prepared to get your home up to livable standards or expect some financing delays.

Benefits of selling your house as is

Here are some of the main benefits of selling as-is.

✅ Potential for a faster close

An as-is sale is typically faster than getting your house ready for listing. 

"You can post your property on the market as is and get done with it right away — saving yourself weeks or even months of waiting for repairs, renovations, and other chores to be finished," says Brady Bridges, broker and owner of Reside Real Estate.

If you sell to a cash buyer, such as a real estate investor, you could potentially close even faster. These buyers don't require financing approval and are experienced in quick sales. Some cash investors can close in less than two weeks.

✅ No need to make repairs (though buyers can still ask for them)

Selling as-is means you can skip time-consuming and potentially costly repairs, since buyers agree to accept the home in its current condition. Just remember that buyers can still request repair concessions, especially if a defect is discovered during the inspection. 

"Unless previously agreed on making the offer (which would not be very common), whatever repairs are noted on an inspection report are totally negotiable," advises Los Angeles-based realtor Sammy Lyon. "Even though the house is being sold in its 'as-is' present physical condition, that doesn't mean the buyer can't ask for the $22k in roof repairs that were discovered in escrow."

"Frankly, if the buyer gets surprise quotes like that and the seller takes a hard-line on not making any repairs or giving credit, the transaction is likely to fall out of escrow. And the seller now needs to disclose issues found to the next buyer," says Lyon. 

That said, inspections tend to be less of a hassle in as-is sales compared to traditional home sales. Some buyers of as-is properties — particularly investors — may waive the inspection contingency altogether. 

Should you fix up your house or sell it as is? 

The decision on whether to fix up a home that needs work before listing — and where to put the money if you do — is really on a case by case basis.

"Sometimes it makes sense, sometimes it doesn't," says Sharlys Leszczuk, a seasoned real estate broker with Windermere West LLC, "It depends on the market, the home, and the cost of improvements." 

✔️ Consider the local market

Your local market will largely determine how much your property could sell for. If you live in a market with low housing inventory and strong buyer demand, your home could sell for a great price even if it looks outdated. 

In cities like Boston, Phoenix, and Riverside, CA, for example, homes designated as 'fixer uppers' sell for only 1-2% less than move-in ready homes, according to recent research from Porch. However, in other markets, such as Omaha, NE, Spokane, WA, and St. Louis, MO homes in need of work command less than half the typical home price.

"In a seller's market, as-is sales can be more lucrative due to high demand and low supply," says Jave Blackburn, CEO of WeBuyAnyHouseAsIs. "However, in a buyer's market, making key repairs can significantly increase the home's appeal and value."

✔️ Take stock of your home's condition

For most buyers, uninhabitable properties and even those needing major work are likely off the table. 

"Selling ‘as-is’ can mean one of two things," says Elisha Lopez, a realtor based in Central Florida. "It could mean the seller prefers not to make repairs, but there’s nothing really wrong with the home. Or, it could be referring to a complete floor-to-ceiling rehab. In that case, the home would not qualify for standard financing and would only be available to cash buyers."

Approximately 80% of home buyers use a mortgage to purchase a house. But before lenders extend financing on a home, they get it appraised to ensure that the home meets certain standards and is actually worth the price being offered.

If you're selling a home in poor condition, buyers might struggle to access the funds to purchase it — limiting your prospects to buyers who can pay cash.

Investors are more open to buying homes that need extensive repairs. However, they will pay less than a traditional buyer, since they need to make a profit for the deal to make sense.

"The way we decide on our offer number is by taking the ARV and subtracting repair, staging, listing, and utility costs, taxes, and our profit," says investor Matthew Coan of Cash Savvy Home Buyers.  "A house that needs a ton of work done will get a much lower offer than a home that just needs a new roof and a fresh paint job."

✔️ Calculate your expected return on investment

While making repairs can help make your home more attractive to buyers — which may lead to a quicker sale or more offers — there’s no guarantee that you’ll earn more than you invested in getting your house ready to sell.

"Often, I have seen sellers pour money into a property just so they can sell for top dollar. The problem is, those sellers don't always recoup their investment," says Texas-based realtor Lee Harbaugh. "For example, spending $50,000 on new windows isn't going to allow one to sell their home for $50,000 more than if they sold as-is. They might get an additional $5,000 - $10,000 at best." 

"On the other hand, spending $20,000 on kitchen upgrades will very likely get the seller an additional $20,000 on their sale," continues Harbaugh. "The key is to understand what components of home upgrades buyers are willing to pay more for."

✔️ Take advantage of free quotes from professionals

Most realtors agree that lower-cost, high-impact improvements such as replacing outdated flooring, doing a deep clean, and freshening up the paint and light fixtures can often pay for themselves.

But if your home has a serious issue, such as outdated plumbing or a broken heating system, it's worth getting a professional opinion before sinking money into repairs.

1. First, contact contractors to see how much it would cost to fix them. 
2. Then, have a realtor or two run a comparative market analysis (CMA) to see what your property could sell for both with and without those improvements.

"If a house needs a costly renovation, such as full roof replacement or new HVAC. it’s better to leave the house at its current stage," says Seth Williams, owner and real estate broker at sellinboston.com. 

Such extensive repairs can easily cost tens of thousands of dollars and are unlikely to offer a dollar-for-dollar return on investment. 

Below are the estimated costs vs. ROI for some of the most common home improvements. However, actual costs will vary by market and contractor, so you'll want to research before pulling the trigger on repairs.

Indoor improvement costs vs. ROI

Project	Estimated Cost	Expected ROI
Hardwood flooring refinish	$3,400	147%
New wood flooring	$5,500	118%
Interior paint job	$12,000	107%
Insulation upgrade	$2,500	100%
Basement conversion to living area	$57,000	86%
Closet renovation	$6,000	83%
Attic conversion to living area	$100,000	75%
Complete kitchen renovation	$80,000	75%
Bathroom renovation	$35,000	71%
Kitchen upgrade	$30,000	67%
Add new bathroom	$80,000	63%
Add new primary bedroom suite	$172,000	56%

Outdoor improvement costs vs. ROI

Project	Estimated Cost	Expected ROI
New asphalt roofing	$12,000	100%
Garage door replacement	$2,000	100%
Fiber cement siding	$18,600	86%
Vinyl siding	$18,300	82%
Wood windows	$48,000	63%
Vinyl windows	$30,000	67%
Steel front door	$3,150	63%
Fiberglass front door	$3,500	60%
Exterior paint job	$9,000	55%

Tips to help you sell a house as is

✅ Be upfront about your home's condition

In recent months, nearly 20% of all real estate transactions have been delayed or canceled, usually due to inspection, appraisal, and financing issues.[2]

You can negate much of this risk by disclosing issues upfront — something that's generally required by law in most states.

Being honest about the condition of your home reduces the chances that a buyer hesitates over an inspection issue — or worse, holds you legally liable for an issue that wasn't disclosed during the escrow period.

✅ Get a realistic idea of your home's before and after repair value

"Get quotes from multiple contractors for the repairs needed," advises real estate broker Sharlys Leszczuk. "This is not only good for you to decide whether or not to make the improvements yourself, but this will also give you a great negotiation tool to counter an offer that comes in below your list price."

With quotes in hand, talk to a real estate agent to learn how much your house could potentially sell for either with or without those repairs. If the difference in selling price is smaller than the cost of the repairs, then those repairs are probably not worthwhile.

✅ Don't go overboard with improvements

"With any repair project, it's important not to over-improve or exceed the neighborhood standard," says Jim Olenbush, founder of Austin Real Estate.

If you invest $150,000 in repairs to raise your home's value, but the typical home in your neighborhood is selling for only $200,000, you may have trouble recouping your costs.

A good rule of thumb is to "evaluate the competition and what has sold in your area," advises realtor Suzanne Seini. 

"If you see homes selling in your neighborhood for a high premium that looks new and updated, it may be a good idea to upgrade your house to the same level. But sometimes all it takes is some new paint and a deep clean," says Seini.

This may be especially true in high-demand neighborhoods where revitalization is ongoing. In those cases, buyers may want to make their own mark on the home.

✅ Focus on low-cost, high-visibility updates

If your home is uninhabitable and likely to be demolished and rebuilt by the buyer, then investing in repairs makes little sense. But if it’s otherwise livable, doing some cheap and easy repairs is probably worthwhile.

"We recently helped a seller who had been on the market for two months with no offers," recalls Seini. "We pulled the home off the market, updated the flooring and paint, and added new staging. The home sold in less than 30 days over the list price with multiple offers."

The following repairs can help boost the value and presentation of your home, are relatively easy to complete, and generally only cost a few hundred dollars.

• Repainting your home’s interior or exterior
• Deep cleaning and decluttering
• Changing outdated light fixtures
• Touching up the landscaping

✅ Explore financing options for more in-depth repairs

"There are various options available for sellers to address repair costs without upfront payments," advises realtor Josiah Carter. For example, "many contractors are willing to defer payment until closing."

Your realtor may also offer free home preparation services through their brokerage. 

"If the home's not in the best condition, we have contractors that can come in to paint and do repairs," says Texas-based realtor JC Young. "We wait to get paid at closing so the seller can get a higher price for their home."

Young's brokerage also offers "value-added" services such as deep cleaning, staging, virtual staging, and curb appeal — all of which can be paid for out of the closing proceeds. 

These options can be especially helpful for more expensive or in-depth repairs, such as adding new flooring or updating a bathroom.

✅ Consider offering repair credits upfront

If you know of a major issue with your house but don't want to take on the work yourself, you can mention that you're willing to offer the buyer a repair credit in your listing. 

Realtor Tamar Asken recalls helping a client purchase a property from a seller who knew his house needed a serious foundation repair. "He had gotten a bid for $40,000 for the repair and wrote into the contract that he was going to leave $40,000 from the proceeds of the sale in an escrow account to be paid to the foundation repair company at close, thereby taking the problem out of the negotiation completely," says Asken.

Another option is to adjust your sale price to account for the repairs needed and note it in your listing description. 

✅ Compare multiple offers before selling to a cash buyer

If you’re considering selling a 'we buy houses' company, get multiple offers before signing a contract.

While 'house flippers' may try to keep their offers to no more than 70% of a home's estimated resale value, investors with alternate offer strategies may pay more.

"At my company, we buy and hold properties for the long term," says investor Matthew Pezon. "Most of the time we can offer up to 85% of the market value less repairs if our financial analysis checks out for a rental property."

With more offers on the table, you may even be able to get investors to counter each other for more money. 

⚡ Get competing cash offers — no fees or commissions. Compare multiple offers from trusted local investors and iBuyers. Plus, get a professional opinion of your home's fair market value. Our cash offer network is free to home sellers, proposals are sent straight to your inbox, and there's no obligation to move forward with an offer. Simply tell us about your property, and we'll do everything we can to get you the best possible price for your home.

FAQs about selling a house as is

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