"As is, where is" condition

[Bryan Caprioli]

This has come up in the past 2 apartment deals that I am brokering. Seller wants buyers to purchase the property in "as is, where is" condition, even though the properties aren't in bad shape...just a little outdated. As a buyer, seller, broker, how does this phrase change your perception of the property? Also, what language do you use in a sale that gets the same message along... that the seller wants to make it clear that he just doesn't want to make any unnecessary repairs or give credits for obvious upgrades?

[Jason Hirko]

@Bryan Caprioli My perception would't be changed with regard to the condition of the property as much as how easy (or hard) the seller will be to work with. Unless it is priced significantly under market value, I wouldn't put that (or anything like it) in the listing. Rather, I would just tell anyone who was going to make an offer to expect no repairs to be made. Buyers will still ask, no matter what you say about it