Osborne Blog

Perhaps the real estate agent came over to see your house and said that you would need to make expensive repairs if you want to sell quickly, but you’re not so sure it’s worth doing. It’s one thing if you only need to do some minor cosmetic work to make buyers happy. But, if your property needs major repairs or an extensive rehab, it may not make sense to undertake the project. You would have to spend days, even weeks, managing contractors or getting dirty yourself to make the work happen—in addition to shelling out for all the costs. A little back-of-envelope calculating convinces you that while the work could make the house sell faster, it may not pay for itself with an increase in sale price. Instead, the practical choice is to skip fixing anything and find out how to sell your house as-is.

Saying goodbye to your home can be an emotional experience, even if you’re moving on to greener pastures. Not only will you have memories to process and people to see as you plan your move, but you’ll also have several tough decisions to make about the sale itself. Choosing a real estate agent to represent you is one, and California’s real estate commission rates may influence that decision. Setting the price for your home is another. But, deciding whether to fix your house or sell it as-is, especially if it’s in need of a lot of work, is one of the tougher choices you’ll have to make. There are several factors to consider and they all have the potential to positively, or negatively, impact whether your house sells. To determine which option is best for you, it’s helpful to take a closer look at each.