An “As-Is” offer means the buyer is buying your house in its present condition. In other words, you (the seller) don’t make or pay for any repairs to the property.
An inspection may still be ordered by the buyer, however any repairs and/or damage that shows up on the inspection report is the responsibility of the buyer.
As-Is offers are typically cash offers made by investors. Investors are willing to take the risk of the repairs and rehab. When listing with a real estate agent, you’ll most likely be selling to owner-occupants who will want you to make the repairs before closing; usually at your expense.