Selling a House ‘As Is’ in Georgia
2 min read
Looking to sell a house as-is in Georgia? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on.
Top-performing Georgia real estate agent Teresa Cowart works with 77% more single-family homes than the average agent in her Richmond Hill market. With nearly 20 years of experience, she’s seen homes sold in almost every condition. She says when homeowners in Georgia choose to sell as-is, it’s typically because they don’t want to — or can’t afford to — make any repairs to the house or property.
However, selling a house as-is usually means accepting a lower offer, and it doesn’t always prevent buyers from trying to negotiate savings. Let’s take a closer look at how to sell a house in Georgia, your options for getting an offer, and what to expect from the process.
Fast facts about selling a house as-is in Georgia
Median sales price in Georgia
$370,000 (May 2024)
Median days on market for Georgia
38 (May 2024)
Disclosures
Georgia state law does not require sellers to disclose material facts about the property through a form but does require them to disclose any problems with the home that aren’t evident.
MLS has field to mark a listing as-is?
No
Is a real estate attorney required?
Real estate attorneys are considered essential for closing in the state of Georgia
Real estate transfer taxes?
$1 for the first $1,000 (or fractional part of $1,000) and then a rate of 10 cents for each additional $100 (or fractional part of $100) thereafter
What is as-is condition in real estate?
As-is is a type of home sale where it’s understood that no improvements will be made to the property. When selling a house, as-is, the seller is choosing not to entertain requests from buyers to complete repairs or provide a credit for fixes.
An as-is sale may also indicate that the functionality and longevity of certain home components, such as a stove on its last legs or an older roof, are not guaranteed.
When selling a house as-is, the general condition of the property should already be accounted for in the purchase price of the home to the best of the seller’s knowledge.
