Typically you shouldn't sell as is, because you'll typically be netting lower profits by selling as is than you would if selling after doing some work to the home and being willing to do more work should the buyer request reasonable repairs. That said, there are some exceptions where selling as is will be viable. As a buyer, sometimes it can be good to buy as is if you're willing to go through the hassle that a seller isn't in order to gain the profits that the seller loses because of their unwillingness or inability.
Above: My as-is HUD foreclosure purchase that is my rental property where I got a fantastic deal in part because it was being sold as is and other buyers didn't want it.
Below I'll go over some of the main reasons why I believe that, with expandable sections in case you'd like to skip around.
In rare cases, sellers are best suited to sell a home without any repairs, as is, & with just some clean up/staging.
Problem 1 with selling as is: Lower Net Profits
Problem 2 with selling as is: Repair Requests & Price Reduction Requests After Contract Ratification
Problem 3 with selling as is: Higher Probability of Contract Fall Through (Which Also Often Leads to a Lower Net)
Should You Sell As Is to an Off Market Buyer? (Typically No)
Does Adam Help Sellers Sell As Is?
How Listening to My Advice to Not Sell As Is Has Helped Sellers Get Higher Net Prices
Selling Almost As Is: Better than Selling As Is
Who Should Sell As Is
Buying As Is
My example purchasing as is