3 Misconceptions People Have About Real Estate Wholesalers in Memphis

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Many think the two options for selling real estate are for sale by owner, FSBO, or listing with a real estate agent. Wholesalers, however, offer another option. Personal preferences, unforeseen circumstances, or the home’s condition can mean that listing the home on the Memphis real estate market isn’t the best option. Wholesalers work with these homeowners offering a fully transparent process that is quick and easy to meet their requirements and resolve their problems.

Many sellers would prefer to skip the hassles of the listing process, most especially the experience of being displaced from your home during showings or open houses. For some, family illness or an unanticipated job relocation has forced relocation, and the purchase of their next home is contingent on the sale of their existing home. Others are uncomfortable with images and video tours of the interior of their home and their belongings available to the world on the internet. Finally, many sellers are unable or unwilling to put the work into the home required to bring the highest profit. No matter your situation, read on as we explore three misconceptions people have about real estate wholesalers in Memphis.

Shady Tactics

One of the misconceptions people have about real estate wholesalers in Memphis is that they rip off home sellers when quite the opposite is the truth. The actuality is that wholesalers like those at Memphis Home Buyers will lay out the details of every number used to reach our offer and then compare it to the realities of listing the property, so you can make an educated comparison and decide which is best for your situation. You see, wholesalers like those at Memphis Home Buyers are your neighbors here in Memphis, and we’re clear about the process, the numbers, and the costs involved because we want you to feel good about the deal long after you’ve left the closing table. 

Hidden Costs

Another misconception people have about real estate wholesalers in Memphis is that once you’re at the closing table, you’ll take a hit on your profits from hidden costs. Wholesalers like those at Memphis Home Buyers don’t believe you should pay anything out of pocket to sell your home. You won’t pay commissions or closing costs, and no hidden fees are waiting to deplete your profits at closing. The cash offer from a wholesaler at Memphis Home Buyers is the amount you’ll leave with from the closing.

Hidden Disadvantage

Yet another misconception people have about real estate wholesalers in Memphis is that the arrangement is only in favor of the wholesaler. On the contrary, the advantages that wholesalers like those at Memphis Home Buyers provide to home sellers are many—for example, taking over homes from owners who are facing the destruction of their credit because they can’t sell. In addition, if you dread the inspection phase of the sale, a wholesaler from Memphis Home Buyers will take on the risks of the repairs, eliminating any legal risks from disclosure laws that can come back to bite sellers. Another advantage for sellers is the flexibility to close with Memphis Home Buyers on the most convenient date for your plans.

Why not learn the facts for yourself by speaking with one of the highly experienced and caring team members at Memphis Home Buyers who will dispel your misconceptions about real estate wholesalers in Memphis. At Memphis Home Buyers, our focus is on you; that is why you’ll notice we stop everything and listen carefully to your concerns and answer your questions without any obligation. At Memphis Home Buyers, we’re here to help you over the hurdles you face with selling your property, walking you through the process step by step, with no surprises. Call Memphis Home Buyers at (901) 828-8419.

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