Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
I am moving my mother into an assisted living facility. Her home is 70 years old but most everything is in working order – just old. I plan on selling her home AS IS, I don’t want to paint, or even clean or empty the home. I want to move her and be done with the house, is this even possible?
Absolutely. It is a seller’s market and if you are not concerned with obtaining the highest possible price, you can contact a local real estate agent who can assist you in selling AS IS. There are a several ways this can be handled: List the home AS IS in the same condition as when you lock the door. If priced well, it will certainly sell. The buyer can even assume responsibility for emptying and cleaning the home after closing.
But a better way to handle this is to contact a local real estate agent who is going to do more than place a For Sale Sign in the ground. A valuable service we provide is helping the seller prepare their home for sale. At a minimum the Realtor® you hire should arrange the following without your involvement:
1) Meet the Salvation Army (or whomever) to donate anything valuable (you should be provided a tax receipt).
2) Hire someone to have the home cleaned and any remaining items hauled (this vendor should be paid by the escrow company at closing).
Instead of selling AS IS, these two simple steps should net your mother a minimum of an additional $15,000.00.
You may consider finding a real estate agent who can do much more than that. Most experienced real estate agents should be able to make a punch list of items that need tending, such as: landscape clean up, paint, flooring, replacing outdated light fixtures and cabinet hardware. Again, if you hire the right real estate agent, they can do all of this for your mother. The agent you hire should oversee the work and the vendors should be paid at closing.