If you are ready to sell your house in Memphis, you have three options available to select from for your sales method. These are listing with a professional real estate agent, listing the property yourself as an FSBO for sale by the owner, or selling directly to a professional home buyer. Often, sellers select FSBO to avoid paying the high commissions of a real estate agent. However, these sellers miss out on about 90 percent of homebuyer traffic, and typically their house sells for around 26 percent less than the average selling price of comparable listings. No matter which option you choose, after investing a great deal of your time, energy, and emotion riding listing your house, it can be disheartening to watch your profits slowly fade away as days on the market add up.
Not every house is the right fit for a listing, and not every homeowner has the time, funds, or willingness to withstand the listing process. Others simply have no interest in strangers walking through their homes, virtually or in person, and would prefer to trade in their home, much like they would a car, foregoing a higher profit for the convenience. We buy houses Memphis residents are in need of selling with average closing periods of 7-12 days, which offers an alternative for these sellers who want to circumvent the downsides and uncertainty of listing on the market. If being in a direct sale is not your ideal situation, then read on as we explore five things that might surprise you about professional home buyers in Memphis.
It might surprise you that professional home buyers in Memphis don’t focus on earning commissions. Instead, local professional buyers like those at Fair Cash Deal have a passion for helping homeowners earn the highest possible profit through the sales method they select for their situation, even if that means we recommend a traditional listing with a real estate agent. In addition, we have a passion for service to our community, and we’re proud of our work at Fair Cash Deal, helping our neighbors here in Memphis. For these and many other reasons, we want you to feel good about the deal you make with Fair Cash Deal long after you leave the closing table.
Another thing that might surprise you about professional home buyers in Memphis is the transparency of every step during the process. When you leave the closing table, you’ll know precisely how much cash will be in your pocket. There will be no surprises or hidden fees because when you work with a professional buyer like those at Fair Cash Deal, you’ll have all the data available. At Fair Cash Deal, our professional buyers want you to compare your out-of-pocket expenses and remaining profits with a listing on the MLS vs. what you’d earn by selling directly; you can make an educated decision about what works best for your circumstances.
If your property is in a state of disrepair, something else that might surprise you about professional home buyers in Memphis is that any concerns about passing an inspection are over; you can stop worrying about making costly repairs. Contract contingencies can have you jumping through hoops to make repairs and satisfy your buyers and their lender. Instead, professional buyers like those at Fair Cash Deal pay cash for homes in as-is condition, taking the risks of the repairs off your shoulders.
The speed at which your transaction can close might also surprise you about professional home buyers in Memphis. You won’t have to spend countless days as your listing lingers on the market, worrying about finding a buyer and paying the costs to hold the property until it sells. It can be time-consuming and stressful when you’re waiting for the appraisal to come in at the right amount for loan approval or a denial of the loan, and you must restart the listing process. Professional home buyers offer a solution for those pressed to sell quickly, often closing on properties in a few weeks or less. At Fair Cash Deal, with our in-house team of industry pros, we can move quickly to process your closing, and you won’t even pay any closing costs.
The cost savings are another benefit that might surprise you about working with professional home buyers in Memphis. Real estate listings compete online with high-quality digital imaging, which requires professional photographers and may also entail hiring a drone pilot for a 360-degree virtual tour. Professional stagers have become commonplace in the listing process, and all the costs to prep for showings and marketing fall upon the sellers. However, when you sell directly to a professional buyer like those at Fair Cash Deal, you skip the hassles and the expenses that come from your pocket before seeing profits.
It might surprise you how easy professional home buyers in Memphis have made the selling process for buyers. Why not find out the difference without obligation by talking to a professional buyer at Fair Cash Deal. Call Fair Cash Deal at (901) 531-9917.