Are you considering making repairs to sell your house with an agent? It’s a common dilemma for homeowners looking to list their property on the market. The question of whether the costs and efforts of repairs will pay off in the sale price can be daunting. However, there’s an alternative approach that could save you time, money, and stress: working with a “we buy houses” company like The Property Guys.
In this blog post, we’ll explore the benefits of selling your house as-is with The Property Guys compared to making repairs to sell with an agent. Let’s dive in!
Making Repairs to Sell Your House with an Agent – The Costs
When you choose to sell your house with an agent, one of the biggest considerations is the cost of repairs. Agents often recommend various repairs and renovations to make the house more appealing to potential buyers. This can include anything from minor touch-ups to major renovations like kitchen or bathroom upgrades.
The average cost to fix up a house to sell can vary widely depending on the extent of the repairs needed. According to HomeAdvisor, homeowners typically spend between $3,777 and $10,674 on home repairs before selling. This can eat into your potential profit and delay the sale process.
How Much Do You Lose Selling a House As-Is?
On the other hand, selling your house as-is with The Property Guys means you don’t have to worry about the costs of repairs. We purchase houses in any condition, where-is, and with cash. This means you can skip the home inspection contingencies, appraisal contingencies, or finance contingencies that come with traditional sales.
So, how much do you lose when selling a house as-is? The answer: nothing. When you sell your house to The Property Guys, you’ll receive a fair cash offer based on the current condition and market value of your home. You won’t have to spend a dime on repairs or renovations.
7 Home Fixes You Must Complete Before Selling
If you’re still on the fence about whether to make repairs or sell as-is, here are 7 home fixes agents often recommend before listing a property:
- Fresh Paint: A fresh coat of paint can go a long way in making your home look clean and inviting.
- Curb Appeal: First impressions matter. Consider simple landscaping and tidying up the exterior.
- Kitchen Updates: Minor kitchen updates like new hardware or refacing cabinets can make a big impact.
- Bathroom Refresh: Replace worn-out fixtures and add fresh caulking for a modern look.
- Flooring: Repairing or replacing damaged flooring can greatly improve the overall appeal.
- Lighting: Adequate lighting can make rooms feel larger and more inviting.
- Decluttering: Removing personal items and excess clutter can help buyers envision themselves in the space.
While these fixes can enhance your home’s appeal, they also come with costs and time investments.
What Not to Fix When Selling a House
It’s also important to know what not to fix when selling a house. Some repairs may not offer a good return on investment. Here are a few examples:
- Cosmetic Flaws: Minor scratches or dings in walls may not be worth repairing.
- Over-Improvements: Avoid making expensive upgrades that won’t significantly increase the home’s value.
- Non-Essential Upgrades: While a new pool or extravagant landscaping may seem appealing, not all buyers will value these features.
What Stops a House from Selling?
There are several factors that can prevent a house from selling, even with repairs:
- Overpricing: If your house is priced too high, it can sit on the market for longer periods.
- Poor Condition: Extensive repairs needed can deter potential buyers.
- Location: Factors like noisy neighbors or undesirable neighborhoods can be a turn-off.
- Market Conditions: Economic factors and local market trends can affect how quickly a house sells.
What to Fix When Selling a House
If you decide to go the traditional route of selling with an agent and making repairs, focus on these areas:
- Safety and Structural Issues: Address any safety hazards or structural problems first.
- Curb Appeal: A well-maintained exterior creates a positive first impression.
- Kitchen and Bathrooms: These rooms often have the most impact on buyers.
- Functionality: Ensure all major systems (HVAC, plumbing, electrical) are in working order.
The Benefits of Selling As-Is with The Property Guys
Now, let’s talk about the benefits of selling your house as-is with The Property Guys:
- No Repairs or Cleaning: You can leave the house exactly as it is, saving time and hassle.
- Quick Sale: We can settle on a house in as little as 7 days, avoiding the typical waiting time for a buyer.
- No Contingencies: Forget about home inspection contingencies, appraisal contingencies, or finance contingencies.
- Flexible Terms: Sellers can take what they want and leave what they don’t want.
- Non-Refundable Earnest Money Deposit: We offer a $5,000 non-refundable earnest money deposit with every offer, providing peace of mind.
Conclusion
In conclusion, deciding between making repairs to sell your house with an agent or selling as-is with The Property Guys depends on your priorities. If you’re looking for a fast, hassle-free sale without the costs and stresses of repairs, selling as-is may be the best option for you.
Contact The Property Guys today at 703-679-8238 or visit thepropertyguysdc.com to learn more about how we can help you sell your house for cash, as-is, and without the headache of repairs. Let’s make selling your house a simple and rewarding experience!