If you are trying to sell your California home, you may want to move the property off the market as quickly as possible. While the real estate market is very hot in many parts of the state, there are additional incentives that can help you to sell your home more swiftly. Houses for sale spend around 70 days on the market on average before completing a transaction, and people who need to move or resolve a challenging situation may not want to wait that long to make the sale. Selling a home as-is may help you to sell your home more quickly although you may need to avoid elevating the price above a certain level.
Plan in advance for a successful as-is sale
If you want to sell your home as-is, you don’t want a contract with plenty of caveats about inspections and repairs. However, to build trust with your buyers, a pre-inspection report can provide details on the damages they may expect to find and the changes they can anticipate making if they choose to purchase the home. You can also further inspire potential buyers to proceed by obtaining and providing repair estimates together with the pre-inspection report. Buyers will have a better idea of the true cost of the property purchase, including repairs.
Prepare your home for sale
You may want to take on some of those repairs in advance before selling your home in order to maximize your price and keep buyers interested. In addition, it is important to consider pricing your home wisely. An as-is sale may go for below the average rate for similar homes in your area, and this can be a trade-off for a quickly completed transaction. While you are selling your home as-is, you can also highlight its appeal to buyers by staging the inside of the home and neatening up your landscape for greater curb appeal.
Buying or selling a home may be one of the largest transactions you ever complete, and you want to make sure everything goes smoothly. A real estate attorney may help you to negotiate a contract and close the deal successfully.