Selling To Restoration Properties vs. Listing With A Local Agent
Even in a seller’s market, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your Memphis house. While you may be able to get a higher overall sales price listing with an agent, that may not be the best option for you if, for instance, you need to sell your house fast or it needs a lot of repairs. Dive into the details below to compare your options.
| Selling w/ A Memphis Agent | SOLD To Restoration Properties | |
|---|---|---|
| Commissions / Fees: | Often up to 6%, paid by you, the seller | NONE |
| Who Pays Closing Costs?: | 2% on average is paid by you, the seller | NONE – We pay all costs |
| Inspection & Financing Contingency*: | Yes, sales can fall through | NONE |
| Appraisal Needed: | Yes, the sale is often subject to appraisal | NONE – We make cash offers |
| Average Days Until Sold: | +/- 91 Days | IMMEDIATE CASH OFFER |
| Number of Showings: | It Depends | 1 to 2 MAX |
| Closing Date: | 30-60 +/- days after accepting buyer’s offer | The Date Of YOUR CHOICE |
| Who Pays For Repairs?: | Negotiated During Inspection Period | NONE – We pay for all repairs |
Work The Numbers And See Which Way Works For You
When you really work the numbers you start to see the benefits that each way of selling your Memphis house offers.
Yes, here at Restoration Properties we won’t be able to offer you full retail value for your house, but we do offer other benefits that the traditional home sale route can’t offer.
Such As…
From offer to close in as little as 7 days
You can get rid of the headache of that property FAST and avoid paying any more utility payments, taxes, insurance payments, mortgage payments, etc. If you list your house and wait 90+ days to close, you have to figure in all of the costs of holding the property during the time you have it listed and are waiting for the sale to close.
No need to do repairs or clean your house again and again for buyer after buyer
We don’t care how dirty your house is (we’ve seen worse!) or how many repairs are needed (a complete fixer? great!). We want to make an offer on your house. This saves you time and money that you can keep in your pocket.
Don’t worry about paying costly closing fees. We’ve got you covered!
Because we are a full-service professional home buyer here in Memphis, we make it easy for you. We pay for all of the closing costs. What we offer you is what you get (minus any mortgage payoff, taxes, or other debts owed on the property). We cover all other costs related to selling!
So when you add up the time you could save by working with Restoration Properties, the no-hassle experience, and the money you’ll save on commissions, fees, and holding costs while you wait to sell the traditional route… for many area homeowners, selling to a professional house buyer is the best option.
Is it for you?
Get A Fair Cash Offer Today!
*An lets the buyer have time to do an inspection and back out of the sale or negotiate a new price if there are repairs that need to be done. If you can’t come to an agreement with the buyer, the buyer has the right to back out of the sale. Similarly, a gives the buyer the wiggle room to back out of the purchase if they can’t obtain a loan or if the home doesn’t appraise for the value that the bank needs to close the loan.
Here at Restoration Properties, we don’t use bank financing so you don’t have to worry about our ability to close on a deal.
Decide For Yourself… Is A Fast & Easy Sale Right For You?
Just fill out our form or give us a call at (901) 245-6010 and let’s chat! Our process is simple and you can choose the closing date. You have nothing to lose by requesting an offer (no obligations, no pressure). Restoration Properties buys houses in Shelby County, Fayette County, Tipton County, and DeSoto County.