Selling a home or land in Tennessee requires diligence, foresight, and strategic planning. The real estate market evolves quickly, and you need to be well-positioned to make quick decisions that align with your goals. You can work with a traditional real estate agent for expertise and guidance, go the For Sale By Owner (FSBO) route for more control, or reach out to cash homebuyers or iBuyers in Tennessee to speed up the process.

Depending on your situation, one of these options may be more advantageous than the others. For example, if you have an old property that needs major repairs, a traditional sales transaction might take months, especially if you aren’t able to commit to the investment. Selling a faulty or damaged property to a company that buys homes for cash in Tennessee typically works on a much faster timeline.

The typical timeframe to sell a home in Tennessee is 82 days, with an average of 53 days on the market before going under contract and another 35 days until closing. This metric varies from market to market, and it’s also affected by season. Homes that are listed in the spring and summer tend to sell more quickly than other times of year.

If you want to sell your property Fast Sale of TN Property for the best price, list it on the MLS. Research shows that homes on the MLS sell for 17.5% more than those not on the MLS. However, this strategy comes with a catch: real estate agents will charge you a 3% commission fee, so it’s important to weigh your options carefully.

A flat-fee MLS listing service like Houzeo allows you to save money by skipping the traditional real estate agent commission, but still have access to all the same real estate advertising and marketing tools. In addition to MLS listings, Houzeo also lists your property on popular online real estate websites. With this approach, you can save thousands of dollars on real estate commission fees while achieving better marketing exposure.

Home buyers can be very picky, and even minor defects can stall a sale. That’s why it is important to disclose any problems you have with your property before putting it on the market. In some cases, a seller can choose to sell a home “as is,” but this should be accompanied by a clear disclaimer.

You can speed up the sales process by offering buyer concessions, such as a repair credit or a lower purchase price. This will attract more potential buyers and allow you to close on a deal in less time. It’s also a good idea to work with local lenders to ensure that your financing is in place before you start the sales process.