If you have the time and money, itâs worth making some repairs on your home before selling to get a higher sale price. But if you need to move quickly or canât sink resources into making repairs, selling your house as is can be a faster, more convenient alternative to a traditional listing.
If you want to sell your home as is in Alaska, your typical options are:
- Sell to a cash home buyer: Skip the repairs and get cash offers from multiple investors. You likely wonât make the fair market value for your home, but youâll sell it as fast as possible.
- Sell with a traditional real estate agent: Work with an experienced Alaska agent who specializes in selling as-is properties.
But those arenât your only options â why not get the best of both worlds with Clever Offers?
Compare Instant Cash Offers from multiple vetted investors in your area, and get up to 100% of your home's value. Or, choose our 7-Day-Sold program to sell your home on the open market in just 7 days. See your instant cash offer today.
â Selling your house as is may be right for you if:
- You need to sell your house fast.
- You donât have the money to make repairs.
- Your house isn't in livable condition.
- You need immediate cash funds.
- You've inherited a property.
- You manage multiple properties.
- You're okay with selling to an investor for a lower price.
đ« Selling your house as is may NOT be the right choice for you if:
- You donât need to sell your house fast.
- You have the resources to make low-cost, high-impact repairs.
- Your house is in livable condition.
- You want to get the best price for your home.
- Your house is your only real estate property.
- You donât want to sell to an investor for a lower price.
"Selling a house as is means the property is being sold in its current condition and the seller isn't responsible or obligated to make any repairs," says real estate agent, investor, and Clever Real Estate Managing Editor Steve Nicastro.Â
However, listing a home "as is" doesnât mean you're completely off the hook from negotiating repair requests from a buyer.
"Even though the home is being sold as is, the buyer is advised to do their due diligence and order any reports which would help them make an informed choice about moving forward on the purchase," advises Sammy Lyon, Realtor and Associate Broker at Dow Capital. "This typically includes a general home inspection, plus any follow-up reports like termite, sewer camera, roof, HVAC, plumbing, electrical, foundation, mold, septic, pool, and spa."
While potential buyers aren't technically supposed to request that the seller make repairs in an as-is contract, inspections leave the door open for negotiation. "Say a buyer discovers serious mold in an inspection, they may ask the seller to fix it or provide a credit to cover mold remediation," adds Nicastro.
In most cases, it's in your best interest to negotiate with the buyer. "If the seller takes a hard line on not making any repairs or giving credit, the transaction is likely to fall out of escrow," says Lyon. "And the seller now needs to disclose those issues to the next buyer."
However, if you need to sell your house as fast as possible, investor and Clever Real Estate co-founder Ben Mizes advises that you ârequire offers that have no inspection contingency. Youâll get less money, but itâs truly âwhat you see is what you getâ in terms of the offer price.â
Steps to sell your house as is to a cash home buyer
đ At a glance â selling with a cash home buyer in Alaska
- đ Median home value: $395,622[1]
- đ” Typical cash offer range on a home in Alaska : 55%â85%
- â° Average time to close: 7â14 days
- đ National percentage of homes purchased with cash in the last year: 6%[2]
If you decide to sell your house as is to a cash home buyer, you can expect a faster process compared to selling with a local real estate agent. Cash home buyers donât require repairs before closing, and you can get cash offers in as little as 24 hours. However, you likely will receive less than market value for your home as is â generally around 70% of its value.
#1: Find vetted cash home buyers near you
Before contacting any buyers directly, thoroughly investigate Alaska cash-buying companies. Look for:
- Companies with 5+ years of experience
- Positive BBB accreditation and ratings
- Strong customer reviews and testimonials
- Membership in local real estate investor associations or clubs, like the Anchorage Real Estate Investment Club[3]
- Verifiable past transactions
Avoid contacting companies that have multiple complaints or charge upfront fees. While many cash home buyer companies are reputable, some try to take advantage of sellers in difficult situations.
You can also look for iBuyers in your area. iBuyers also purchase homes in as-is condition, but they tend to avoid homes that need major repairs or renovations. If you have a home in relatively good condition but still want to avoid the usual listing process, an iBuyer may be worth considering.
While iBuyers won't ask you to make any repairs, they'll make deductions for estimated repair costs. They'll also charge service fees and closing costs, so your final home sale price may be significantly lower than your initial offer from an iBuyer.
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#2: Contact multiple cash buyers for offers
We recommend contacting at least 3â5 cash buyers so you can get multiple offers and select the best one for you. You can typically submit information about your property online on the companyâs website or call the cash home buyer directly.
Be sure to ask questions like:
- Do you require any repairs?
- Whatâs your typical closing timeline?
- Do you charge any upfront fees?
- Can I review your standard purchase agreement?
- Would you be willing to put down a 1â2% earnest deposit?
After submitting your property info, you may receive a preliminary cash offer in 24â48 hours.
#3: Schedule property inspection
Once youâve received an initial estimate, a third-party inspector and/or company representative will inspect your property.
While you donât have to make any repairs, the inspector will calculate the cost of necessary repairs during the inspection, and this will affect your final cash offer. The more repairs needed, the less your offer will be.
#4: Compare your final offers and accept the best one
We recommend hiring a real estate attorney or CPA to review the contract and ensure that the deal is fair and youâre protected if the buyer decides to back out of the as-is sale. Ask for proof of funds, such as recent sales contracts and bank statements, to confirm that the buyer has the cash to close the deal.
Compare offers based on:
- Net proceeds after any fees
- Closing date flexibility
- Any contingencies (look for offers that have no inspection contingency)
- Who pays closing costs
- Earnest money amount
- Terms for property inspection
- Proof of funds requirement
#5: Complete title work
The title company will:
- Run title search
- Prepare closing documents
- Handle escrow
- Coordinate with buyer's funds
- Schedule closing appointment
- Prepare settlement statement
If you have a lien on your title, youâll likely need to rectify this before closing. Any debts associated with property liens can usually be paid from the as-is sale proceeds.
#6: Close the sale
Since cash buyers typically donât require mortgage financing, the closing process can move much more quickly than a traditional real estate transaction. You could close in as little as 7â14 days, compared to the typical 35 days of a traditional sale.
Steps to sell your house as is with an agent
đ At a glance â selling with a realtor in Alaska
- đ Median listing price: $450,000[4]
- đ° Median sale price: $439,100[5]
- đ Current inventory: 1,811 units (33% less than the average housing inventory in Alaska)[4]
- đïž Median days on market: 40 days[4]
- đ§° Average repair costs: $19,781â$39,562
Selling your house as is with a real estate agent can take more time than selling to a cash buyer, but you could receive more money on the as-is home sale â especially if youâre selling a livable house in a competitive market.
If there are more homes than buyers â or your propertyâs condition makes it difficult for buyers to get approved for financing â your only offers may be from real estate investors. Investors typically offer around 70% of fair market value, although in some cases they can go as high as 85%.
#1: Find an agent with experience in selling as-is homes
When youâre selling your house as is, it helps to have a realtor who specializes in selling distressed properties, fixer-uppers, or as-is sales in your area. These realtors know best how to market the home to attract potential buyers and investors while still getting you a fair price for your home as is. Theyâre used to selling properties in all types of conditions, so no need to feel anxious or embarrassed if your house needs a lot of work.
To find these types of realtors, search on websites like Zillow, Realtor.com, and Trulia for real estate agents in your area. Look at their listing history to see if theyâve sold homes as is and read customer reviews to see how sellers liked working with the agent. If youâre selling a distressed property, look for realtors who have a Short Sales and Foreclosure Resource (SFRÂź) certification.[6]
We recommend interviewing at least 2â3 top-rated agents in Alaska. Ask specifically about their experience with as-is sales, their marketing strategies for such properties, and examples of similar homes theyâve sold. A qualified agent should be able to provide recent comparable sales data and explain how they'll position your home to attract investors or buyers seeking as-is properties.
đ° Our free service connects buyers like you with top-rated agents who have experience with these types of properties â and who charge just a 1.5% listing fee. Get custom proposals from agents with no obligation to commit!
#2: Consider getting a pre-listing inspection
While a pre-listing inspection isnât necessary, it can be a good extra step for sellers with as-is homes. Itâs the same as a regular home inspection, but it's done prior to listing so that the seller is aware of any potential issues with the home. In Alaska, a professional inspection costs $254â$415.[7]
A pre-listing inspection can help you set a more realistic price for your home, especially if you discover major issues. You can choose to share the inspection report with the buyer upfront, which can motivate potential buyers and increase trust.
Youâll need to disclose any issues you find in your seller disclosures, but this transparency often leads to smoother transactions in the long run.
#3: Consider making low-cost, high-impact repairs
While you may want to avoid making major home improvements, consider making some low-cost, minor improvements that can boost the home value, recoup job costs, and attract buyer attention.
Start with these repairs that allow you to recoup the most of your costs.[8]
| Job | Job cost | Resale value | Recouped cost |
| đ„ Garage door replacement | $4,604 | $12,063 | 262.0% |
| đ„ Manufactured stone veneer | $13,180 | $30,538 | 231.7% |
| đ„ Entry door replacement (steel) | $2,545 | $5,228 | 205.4% |
| Siding replacement (fiber cement) | $22,555 | $29,422 | 130.5% |
| Minor kitchen remodel (midrange) | $29,728 | $38,384 | 129.1% |
| Deck addition (wood) | $18,405 | $18,874 | 102.6% |
Avoid spending money on high-cost improvements like luxury kitchen and bathroom remodels, roof replacements, or an expensive landscape design. While these improvements increase the value of your home, you likely wonât recoup the cost of the job.
According to our 2024 Home Renovation Trends survey, 93% of homeowners made one or more minor improvements to their homes in the past five years. The most popular improvements include:Â
- New faucets and fixtures (36% of homeowners)
- Updated interior lighting (35%)
- Minor kitchen upgrades (i.e., new appliances) (34%)
- Minor bathroom upgrades (i.e., toilet, mirrors) (34%)
- Repainting rooms (33%)
#4: Get a realistic estimate of your home value
An experienced, local realtor can estimate of your homeâs value in its current condition vs. after repairs and upgrades. Home value can greatly vary by neighborhood, so itâs always best to request a comparative market analysis from a realtor to get a more accurate estimate.
#5: Specify âas isâ in your listing
By specifying âas isâ in your listing, youâll likely limit yourself to investors, cash buyers, and those looking for a fixer-upper. But that smaller buyer pool also means youâll avoid haggling with buyers who are looking for homes in better condition.
If you know of a major issue with your home but donât want to invest the time and money to fix it, offering a repair concession upfront can be an effective marketing strategy. This strategy could increase your buyer pool to include those who may otherwise not have considered an as-is property, but who feel reassured by the fact that the buyer credit makes any future repairs more affordable.
#6: Follow Alaskaâs disclosure laws
By state law, sellers in Alaska must fill out a disclosure form informing buyers about the property they're purchasing.
Your real estate agent can walk you through the disclosure requirements process and help you avoid any legal pitfalls.
You don't need to list every chip in the paint or scuff caused by normal wear and tear, but youâll need to disclose anything that could affect the home's livability or resale value.
Buyers can back out of a contract if they havenât been properly informed about the condition of the house.
#7: Negotiate with buyers and close
Buyers may try to negotiate even after theyâve signed an asâis real estate contract. Work with your real estate agent to determine next steps.
First-time buyers may request repairs to receive financing from their loan provider, and some government loans require minimum property requirements to be met before loan approval. Major issues that prevent financing typically make the home âunlivableâ and include things like significant mold, termite infestation, plumbing leaks, etc.
- FHA loan minimum property standards
- VA loan minimum property standards
- USDA loan minimum property standards
Once you accept the offer, closing can continue as normal. In Alaska, you donât have to have an attorney at closing, but it could be a good idea to hire one to make sure all legal affairs are in order.
The first step is to find a great local realtor who specializes in selling houses as is. Our free service connects buyers like you with top-rated agents from trusted brands like Coldwell Banker and Century 21 who have experience with these types of properties.
Fill out the form below to get personalized agent recommendations sent straight to your inbox!
Pros and cons of selling a house as is in Alaska
Selling a house as is may be right for you if youâre looking for a quick, hassle-free sale. However, buyers will typically expect a much lower sale price in exchange for taking on repairs.
Pros
- â No repair costs: Selling as is means you can avoid time-consuming and costly repairs since buyers agree to accept the home in its current condition. In Alaska, the average cost of total home repairs is $29,672.
- â Clear expectations with buyers: Listing your house as is means that buyers should expect to buy the house in the condition itâs in without any repairs. While this limits your pool of buyers, you likely avoid complicated offers or disputes down the road.
- â Fewer negotiations: Unless youâre working with a buyer whoâs using government financing, the negotiation process should be relatively short and simple. By selling your house as is, you donât have to agree to make any repairs.
- â Speedy sale if selling to a cash home buyer: You can get a cash offer in as little as 24 hours, and closing can take just 7â14 days.
Cons
- đ« Lower sale price: If youâre selling to a cash home buyer, you can expect to receive around 70% of your homeâs value. For a $395,622 house (the typical home value in Alaska), that would be $276,935. If youâre selling on the open market, you could get around 80â85% of your home value. However, several factors will influence the final sale price, such as market conditions, how many repairs the buyer will need to make, etc.[9]
- đ« Limited buyer pool: As-is properties tend to have a much smaller buyer pool, which is one reason they also tend to sell for less. Unless youâre in a sellerâs market, most buyers will favor move-in ready homes that donât require significant repairs.
- đ« Loan financing challenges: If youâre selling your house as is on the open market, you have a higher risk of offers falling through due to financing issues. Mortgage lenders typically require a home appraisal before approving a loan. If the property has serious issues or is unlivable, many lenders will refuse to service the loan.
How much will I make selling my house as is in Alaska?
If you sell your home to a cash home buyer in Alaska, you'll typically receive around 70% of your homeâs value. For a $395,622 home in Alaska, that would be $276,935.
You'll avoid paying real estate commission fees if you sell directly to a cash home buyer, and many investors offer to pay closing costs as part of the deal. But your sale price will likely be much lower than market value.
If you sell your home as is with a realtor, you can expect to make around 80â85% of your homeâs market value. For a house in Alaska with the median home value of $395,622, that would be around $316,498â$336,279.[9]
When selling a home as is with a realtor, youâll need to include Alaska closing costs and Alaska real estate commission in your closing costs.
â Use our Seller Closing Costs calculator to determine your estimated sale proceeds.
Why trust us?
Data sources
Our research team compiles comprehensive data on the Alaska real estate market, including current home values, listing prices, time-to-sell metrics, and other key statistics. We use data from established industry platforms like Zillow, Realtor.com, and Redfin, along with feedback from our network of partner agents to ensure accuracy.
We keep information current by regularly updating our guides as our primary data sources release new market information.
About Clever Real Estate
Since our founding, we've guided more than 82,000 clients through successful real estate transactions. Our nationwide network includes 3,800+ high-performing agents from respected brokerages, all committed to making real estate transactions simpler and more cost-effective for our clients.
Our customer-first approach has earned us outstanding recognition, including a 4.9-star Trustpilot rating and thousands of verified positive reviews. Major publications, including The New York Times, Business Insider, Inman, and HousingWire, frequently feature insights from our expert research team, who create detailed guides for home sellers and buyers.
We're dedicated to empowering our readers with the knowledge and support needed to achieve their real estate goals. Learn more about Clever.
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