When you’re selling your home, one of the few things you can control is the method you use to sell, and the method you select can also mean realizing the highest profit. Read on as we explore three unconventional and beneficial ways to sell your house in Memphis.
Accepting only cash offers is one unconventional and beneficial way to sell your house in Memphis. With cash sales, closing is often in a few weeks. Sellers select this route because of the relatively simple and speedy aspects of bypassing lenders, underwriters and avoiding the time and red tape involved with dealing with buyers who need help qualifying for loans that may fall through. If you’re interested in cash offers, Memphis Home Buyers can help! You may also want to consider selling the property as-is for cash; working with a direct buyer like the professionals at Memphis Home Buyers means you won’t need to spend any money out of pocket to make repairs before the sale. You’ll know the offer is fair because at Memphis Home Buyers, we detail what you’d earn through a conventional sale so you can compare for yourself and feel good about the deal.
A rent-to-own agreement is another unconventional and beneficial way to sell your house in Memphis. It can be easier than you think to arrange a rent-to-own agreement. We have buyers ready to put down their sizeable initial deposit and create monthly cash flow for you. These agreements are typically for two years, and your buyers can walk away from the contract, or you can stipulate that their breaking the contract will result in legal action. Ready to learn more? If you’re interested in rent-to-own agreements, Memphis Home Buyers can help!
For Sale By Owner
Our final unconventional and beneficial way to sell your house in Memphis is the by-owner method, known as FSBO. Often influenced by a desire to save high real estate commissions for themselves, these owners take on the job of a real estate agent. Regrettably, many lack the experience and know-how to achieve the goal of bringing a qualified and willing buyer to the door. In addition, without understanding legalities, they may end up in court over disclosure laws. Today’s tech-savvy buyers can quickly assess the property, and you could make errors that derail your listing from the start, like over or under-pricing the property. Most buyers recognizing the disparity will just continue to scroll, though a few may make insultingly low offers. Still, these are likely to be few and far between. In 2019, only eight percent of sellers chose this path because of the pitfalls waiting at nearly every turn. Also, you should be able to afford to hold onto the house until you find a buyer; there is no guarantee of a sale with an FSBO.
Ready to sell? The direct buyers at Memphis Home Buyers can help you explore these unconventional and beneficial ways to sell your house in Memphis. At Memphis Home Buyers, we will take the time to listen and work with you to achieve your goals. The direct buyers at Memphis Home Buyers provide every detail to calculate our offer against what you’d earn with other selling methods. We want you to agree the offer is fair and feel good about the deal long after closing. A direct sale to Memphis Home Buyers is a cash sale for your property as-is, so you’ll save money, time and pay no commissions. With a direct sale to Memphis Home Buyers, you’ll have a guaranteed closing date that is most convenient to you; we don’t mind waiting longer than a few weeks if you need time to move. Contact Memphis Home Buyers at (901) 828-8419.