Working with a professional home buyer will save you a ton of money when selling your house in Memphis. Don’t rule out a direct sale until you learn more about what our process will mean for you!
Are you looking for the best way to sell your house in Memphis? Many local homeowners are surprised to find that working with a direct buyer helps them keep more money in their pockets than they ever would have received by working with a Memphis real estate agent. Before deciding how to sell your house in Memphis, we encourage you to run the numbers for your property so that you will be able to make the selling decision that works best for you. Below are just a few of the costs we can help you to avoid when working with the team at iBuyHousesMemphis.com!
Sell Without Commission
When you sell your house with a real estate agent in Memphis, you will be faced with commission costs if your house is able to sell in the traditional way. Commissions are usually somewhere around 6% of the final sale price, meaning that if your house sells for $250k, you are looking at an instant $15k that will go directly to your agent. When you work with iBuyHousesMemphis.com, you will not have to worry about any commissions or other selling fees. This is a huge chunk of cash that you will not have to factor in when choosing to sell your Memphis house directly to iBuyHousesMemphis.com.
Avoid Repairs and Upgrades
Working with the team at iBuyHousesMemphis.com will allow you to sell your house as-is, without any repair or upgrade costs. When listing a house in Memphis, many people are stuck making repairs before the house has even hit the market. They are then surprised when their potential buyer comes to them after the insection, attempting to negotiate more repairs be made before the sale goes through. Some people end up spending more than they should, just to get the deal done. With a direct sale, you won’t spend any time or money fixing up the house.
Immediately End Your Holding Costs
Do you know how much it really costs you to own your house? When you factor in utility bills, taxes, insurance, HOA fees, and all the other costs homeowners face, you might be surprised by the total! With a fast sale, you will potentially be able to save thousands of dollars that you would have otherwise been spending on the house. You will be able to put an end to your property holding costs right away instead of months down the road. Think about how much you will be able to save by selling your house quickly in Memphis!
No Cleaning or Maintenance
When a house is listed on the MLS in Memphis, it will need to be kept clean at all times. You never know who will want to come over to see it or how quickly they will want to drop by. Many times a potential buyer will want to see it right away, and as someone who wants to sell their home, you will want to do your best to oblige. Some homeowners opt to hire a professional cleaning service when listing a house in Memphis, while others will take on the responsibilities themselves. Either way, you will find yourself spending time and money on the cleaning and continued maintenance.
No Closing Costs
With a traditional sale of your house in Memphis, you’ll end up paying about 2% of the final sale price toward closing costs. So for a $250k house, that is another $5k down the drain in costs related to the sale. These costs cover things like the title search, transfer tax, and title insurance. When you sell your house directly to iBuyHousesMemphis.com, these costs are taken care of for you. We will handle all of the standard closing costs, adding one less thing you have to thank about when selling your house in Memphis.
No Marketing, Staging, or Photography Costs
While some marketing, staging, and photography costs can be included in the price of a traditional listing, there are many cases in which a homeowner will find themselves paying for these things out of pocket. Maybe their agent uses photos they took with their phone, or many the agent isn’t utilizing premium online listings. Quite often, someone who really wants to sell a house in Memphis, will take things a bit further than what their agent does. Photography, staging, and additional marketing services are all utilized by home sellers who want to get rid of their homes as quickly as possible.
Every situation is different and we encourage you to run the numbers for the house you would like to sell in Memphis before you make your decision about how to sell!