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Updated almost 6 years ago,
Listing House As Is - Agent afraid of Liability
Hello - I am trying to list a property AS IS, with a friend of mine who is an agent. Its a project that unfortunately we had many contractor issues and simply don't have the money to finish.
It has new plumping, electrical, insulation, demolition is complete, and is basically a blank canvas. (Needs new everything)
Our agent is slow to list saying he is freaked out about the liability of listing as a fixer, when it could be a tear down. In our opinion the project can be completed and is not a tear down, though the property is sub-dividable - but what is the problem with listing it AS IS. How would that create liability?