I buy across the whole of Shelby County, not just inside the Memphis city limits. Same process wherever the house is, and the same one number at the end of it. If you are in Millington or out past Arlington, you are still in scope.
Where I Buy In Shelby County
Memphis, Bartlett, Cordova, Millington, Arlington, Lakeland, Collierville, Germantown, Whitehaven, Frayser, Raleigh, Hickory Hill, Berclair, and the unincorporated parts of the county in between.
The house does not need to be somewhere anybody would call desirable. I am not reselling it to a retail buyer who has to fall in love with the street.
Why County Wide Actually Matters
A lot of buyers quietly work a narrow radius around the middle of the city. If your house is in Millington or out past Arlington you get a polite no, or more often no reply at all.
Anywhere in Shelby County is in scope. So is a house you inherited here while you live somewhere else entirely, which is a large share of what I look at.
The single most common reason people call me from anywhere in the county is an estate, so if that is your situation start with an inherited Memphis house you would rather not keep.
What Listing Actually Nets You
Listing usually produces a higher gross price than a direct sale. Whether it produces a higher number in your account is a different question, and it is the one worth answering before you decide anything. Put your own figures in.
Commission is figured at 6 percent and seller closing costs at 2 percent, which are common but not universal. Carrying cost means taxes, insurance, utilities and upkeep. This is an illustration using your numbers, not an offer or an appraisal, and it deliberately assumes the listing sells at the price you entered.
The Numbers Behind That
| Line | Typical |
|---|---|
| Agent commission at 6% | On a $150,000 sale, about $9,000 |
| Seller closing costs | 1% to 3% typical |
| Repairs requested after inspection | Varies, often thousands |
| Holding costs while listed | Taxes, insurance, utilities |
| Days on market in Shelby County | Weeks to months |
| Showings and open houses | Strangers through your house |
Listing usually produces a higher gross price. Whether it produces a higher net depends entirely on the six lines above, which is why the number to compare is what lands in your account, not the sticker.
Who you are dealing with
Hi, I am Torian. I buy residential property with my own capital in Memphis and across Shelby County, through TOPSICO LLC, a Tennessee limited liability company.
I am not an agent and not a broker. Nothing here is a listing and I am not representing you in a sale. If you want your house exposed to the open market, an agent will usually get you a higher price, and I will tell you that rather than talk you out of it.