Realtor.com says homes sold in Shelby County, TN (whose county seat is Memphis) sat for a median of 58 days in the market before their sale pushed through in March 2025. There were even months wherein they sat for 70+ days before selling!
So, if you need to sell your house fast in Memphis, you can’t rely on the traditional sales process, which involves numerous preparatory steps. Instead, you should consider working with real estate investors in the market as cash home buyers in Memphis, TN.
In this guide to securing a quick home sale in Memphis, our team will discuss cash home buyers in Bluff City. Read on to discover what they are, why you should partner with them, and why our firm, We Buy Houses Memphis, is your top choice.
What Are Cash Home Buyers in Memphis, TN?
Reputable cash home buyers in Memphis, TN, are real estate investors. They purchase homes throughout the city as investment assets, not as properties to live in.
Established real estate investors don’t rely on traditional mortgages to finance their investments; instead, they readily have their “own” funds for all their transactions. For this reason, such Memphis house buyers and investors can make outright cash offers on Memphis homes.
Why Consider Selling to a Memphis Cash Home Buyer?
There are many reasons to consider selling to Memphis cash home buyers, including:
- Closing the deal within days
- Selling your home in an as-is condition
- Reducing the costs associated with home selling
- Minimizing the risks of the sale falling through
Let’s explore each of these benefits in more detail below.
Close the Deal Within Days
In real estate talk, “closing” refers to the final step in home buying and selling. At this point, a mortgage loan becomes official, and the buyers receive the property title, legally turning them into the new owners.
The closing process usually begins when a seller accepts a buyer’s offer. It then ends on the closing day, which is when:
- Both parties sign all the necessary paperwork
- The buyer and the seller exchange funds
- The now-sold home officially changes hands
Closing can add several weeks or months to the home-buying and selling process. According to Investopedia, it typically takes another 30 to 60 days.
The number of days it takes to close depends on many factors, such as:
- Market conditions
- If the buyer is reliant on a mortgage loan
- If the sale is part of a chain
- How many parties are part of the chain
When you partner with a real estate investor offering cash for homes in Memphis, you can worry less about prolonged or extended closing periods. On the contrary, it will be more up to you when you wish your closing day to be! Reputable cash buyers can close within a week (or less!) or when you want to sign and exchange your property’s title for cash.
Sell Your Home As-Is
In today’s continuously evolving real estate market, more and more buyers are looking for “turnkey” properties. For instance, according to a press release from PR Newswire, a recent poll found that of the nearly 700 prospective home buyers surveyed, 56.1% said that buying a move-in-ready home that doesn’t require repairs was “very important.” Another 37.8% said being move-in-ready was “somewhat important.”
So, if you’re selling your home in Memphis, TN, and it’s not in perfect condition, it may take longer to find a conventional buyer. You’d have to spend weeks, maybe even months, repairing and maintaining your home (including appliances and fixtures) before advertising and marketing it.
Let’s not forget that home repairs and maintenance can cost a hefty chunk. As Consumer Affairs reports, depending on what needs fixing or upkeep, their costs can range from $50 to $12,000 (or more!).
You don’t have to spend all that time or money just to secure a quick home sale and still get a fair offer on your house. So long as you partner with a reliable cash home buyer, you can sell your home quickly and close within days. A reputable real estate investor in Memphis will buy your property as is or regardless of its condition.
Reduce Home-Selling Costs
Even if you don’t have to spend hundreds to thousands of dollars repairing your home, you’ll still face many other expenses associated with selling it the traditional way:
- Real estate agent commission
- Property taxes
- Capital gains taxes
- Closing costs, such as title insurance, escrow fees, transfer taxes, notary fees, recording fees, and attorney fees
- Mortgage payoff if you haven’t fully paid your home loan
- Prepayment penalties, which some mortgage lenders may charge if borrowers pay their loans too early
- Staging, which may involve hiring a professional stager to declutter, clean, and decorate the property and make it more appealing to prospective buyers
All those additional expenses can significantly reduce the amount you get when selling your home in Memphis. The agent commission itself is pretty sizeable; it’s typically 6% of the home’s selling price, according to Yahoo.com. So, if your house sells for $200,000, and the commission rate is 6%, you’d have to part with $12,000 to pay it off!
If you want to cut back on such home-selling costs, work with cash home buyers in Memphis, TN. So long as you choose the right partner, you may not have to pay commissions, closing costs, or staging fees.
Minimize Risks of the Sale Falling Through
A prospective home sale done the traditional way can fall through at the last minute, even long after the seller accepts an offer (but just before the actual transfer of the property’s ownership). When a sale “falls through,” it means that:
- The buyer and the seller officially terminate or break the agreement
- The agreement has failed to reach the closing process
- There’s no longer a commitment to buy or sell
A home sale can fall through for many reasons, with financing issues among the most common. For instance, the buyer’s ability to secure financing may change, resulting in them facing a denied or rejected mortgage application.
Another common reason is that a thorough home inspection may reveal significant problems with a house for sale. For instance, suppose the roof is so deteriorated that it requires a complete replacement. The buyer may wish to back out of the deal in this scenario.
You can minimize the risks of your home sale falling through by selling to a cash buyer from the outset. As mentioned above, such buyers don’t have to rely on mortgages and have ready funds available, so they’re less likely to cause the deal to fail due to financing problems. Moreover, you can worry less about them backing out due to issues with your home’s structure since they purchase homes in any condition.
Why Choose We Buy Houses Memphis as Your Buying Partner?
Partner with us at We Buy Houses Memphis if you need to sell your home as soon as possible or just want to enjoy a seamless selling experience with as few hassles and headaches as possible. We’re your local, legitimate, professional, and friendly real estate investment team ready to make a cash offer on your house in Memphis.
Here are some top reasons to choose us for a quick and painless way to sell your Memphis house.
Enjoy Fewer Financial Worries
At We Buy Houses Memphis, our primary goal is to make our clients’ home-selling process as cost-effective as possible. For this reason, you can expect us not to charge:
- Realtor fees
- Real estate agent commissions
- Closing costs
You don’t have to worry about paying for appraisals or spending hundreds, maybe even thousands of dollars on fixing or maintaining your home. Neither will our process force you to shell out cash for staging. We’ll make a fair offer on your Memphis house, regardless of whether it’s in top condition or severe disrepair.
We’ll Work With You
One issue you may encounter when selling your house the traditional way is that you’d have to vacate the premises on closing day, which is typically dependent on the buyer. The problem is if you haven’t found a new place to move into and live in.
If you choose We Buy Houses Memphis, you won’t have to worry about that. Since we’re not moving into your house after we buy it, we can work with your schedule. You can choose the closing day based on your needs and preferences.
So, if you need more time before handing over your property’s title to us, just let us know, and we’ll wait. However, if you need the sale to push through within, say, seven days, we can do that for you, too.
Sell Your House to We Buy Houses Memphis
From closing within a few days to being able to sell as is and reducing the risk of the sale falling through, these are some of the primary perks and pros of working with cash home buyers in Memphis, TN.
If that sounds like a fantastic deal, we invite you to partner with us at We Buy Houses Memphis. We’re an A+-rated, BBB-accredited real estate investment company and serve over a million homeowners. We’ll gladly provide you with the same promptness and high level of customer service.
Reach out today to request a fair cash offer on your Memphis home!
