[5-DayForum] Fixer Upper

[Labrina Apuya]

Hi Bill-

Would I need to say that I will be providing a concession for the carpet?
Or is it sold "As-Is" and bid appropriately?

Nelson

On Nov 5, 2007 4:08 AM, Bill Effros <bill at effros.com> wrote:

> Nelson,
>
> Don't call it a "fixer upper".  You are selling a home.  Everyone will be
> able to see what it needs, and they will discount their bids to a level they
> consider appropriate.  Provide an inspection report listing everything the
> home needs, then let buyers tell you what it's worth in the current market.
>
> You will net more money selling your home "as is" than you will by
> replacing the carpet.  This has been demonstrated repeatedly.
>
> Bill Effros
>
>
>
> Labrina Apuya wrote:
>
>   Bill:
>
> We are looking to sell a home that needs the carpet replaced but have no
> funds to do it.  Is it best to list it as a fixer upper?  Has this ever been
> done?  Did the property sell?
>
> Thanks.
>
> Nelson
>
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