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Edited by Ashley Simon
Top We Buy Houses companies in Tennessee | Should I sell to a We Buy Houses company? | How much do they pay? | Alternatives | FAQs
We Buy Houses companies in Tennessee help you sell your house quickly by making a fast, all-cash offer. If you own a distressed property or need to sell a house quickly, a We Buy Houses company could be a great option.
However, one major drawback is that these companies will typically offer a lot less money than you’d make on the open market. This is because their business model involves fixing up homes and reselling them for a profit.
Before you sign a contract with a We Buy Houses in Tennessee company, we strongly recommend getting multiple offers. This lets you compare your options, so you can be confident you’re getting a fair price for your house.
If you’re looking to sell your house fast for cash in Tennessee, Clever Offers is a great place to start. Clever Offers matches sellers like you with top local realtors, who will bring you fair offers from top cash home buyers in your area. You’ll also get a free professional home valuation, so you can compare your cash offers to what your house is worth on the open market. Get cash offers from top Tennessee buyers now!
Quick view: Top 5 Tennessee We Buy Houses for Cash companies
| 💰 Cash buyer | 💸 Time to offer | 🗓 Time to close |
|---|---|---|
| 1. Dependable Homebuyers | 24 hours | 7 days |
| 2. Express Homebuyers | 7 minutes | 7 days |
| 3. We Buy Ugly Houses | After home evaluation | 21 days |
| 4. We Buy Houses | 24–48 hours | 7–14 days |
| 5. Middle Tennessee Home Buyers | 24 hours | 7 days |
Who should sell to a Tennessee We Buy Houses company?
We Buy Houses for Cash companies are best for people who need to sell their house immediately, even if it means leaving a lot of money on the table.
If you’re in one of the following situations, selling to a real estate investment company might be a good choice:
- Your home needs extensive repairs to be market-ready, but you don’t have the time or money to complete them
- You need to sell your home in a matter of days due to personal circumstances
- You’re at serious risk of losing your home to foreclosure
However, these situations are rare. Most home sellers will be better off listing their home on the open market with the help of a real estate agent.
Even if you need to sell quickly or can’t pay for repairs, an experienced realtor can help you price your home to sell on your timeline — and you won’t have to sacrifice as much equity as you would by selling to a cash buyer.
Before you accept a We Buy Houses for Cash offer, schedule a free consultation with a local realtor. Ask for their professional opinion on the value of your home and how quickly you can sell it. Then, you can compare this to what the cash buyer is offering, and make the best decision for you.
Consulting a realtor is the best way to ensure that you keep the most equity in your pocket while still selling on your timeline.
Many realtors have relationships with top local cash buyers (and can help you avoid companies that only make lowball offers). Your agent can help you get cash offers from local companies that have good reputations. They can also help you understand your options to find the best way to sell your home within your timeline for as much money as possible.
Top 5 We Buy Houses companies in Tennessee
🥇Dependable Homebuyers: Our top pick
Nationwide
- (855) 741-4848
- Offer in 24 hours
- Close in 7 days
Dependable Homebuyers purchases all types of properties, be it empty lots or run-down houses. Previous clients praise its reps for being reliable, responding quickly and making the selling process easy.
Dependable Homebuyers purchases homes in Memphis, Nashville, and all other areas in Tennessee.
Dependable Homebuyers makes cash offers for all types of properties, including houses and empty lots. It can make an initial offer within 24 hours and can close within seven days or on your preferred closing schedule.
Reviews for the company are positive, with previous sellers from around the country praising the reps’ reliability and quick response, even through the pandemic. They say the selling process was easy. Many sellers call out specific local reps, and it’s important to note with a national company that local offices could offer varying customer experiences.
🥈Express Homebuyers: Preliminary offer in minutes
Nationwide
- (877) 804-5252
- Offer in 7 minutes
- Close in 7 days
Express Homebuyers has been a nationwide cash buyer since 2003. It makes an all-cash offer after visiting a property and can close in as soon as seven days.
Express Homebuyers purchases homes across Tennessee.
Express Homebuyers is among our top picks because it’s one of the fastest cash buyers in the industry. You can get an initial offer within seven minutes when you call them. After a home inspection to confirm the offer, you can close within a week.
Express Homebuyers operates nationwide, including in Memphis, Nashville, and other cities across Tennessee. Customer reviews are overwhelmingly positive, with only a minority of sellers mentioning predatory marketing, slow response times and low offers. The company is rated 4.3 out of 5 on Trustpilot and A+ by the Better Business Bureau.
Most offers are good for up to 30 days, so you can close on your own timeline after considering the offer and your other options.
» MORE: Express Homebuyers review
🥉We Buy Ugly Houses Tennessee: Established brand
Nationwide
- (866) 200-6475
- Offer after home evaluation
- Close in 21 days
We Buy Ugly Houses is a network of cash buyer franchises that has been purchasing homes throughout the U.S. since 1996. It can make a final cash offer after completing a property walkthrough and close in as few as 3 weeks.
We Buy Ugly Houses purchases homes across Tennessee, including Nashville, Memphis, and Knoxville.
We Buy Ugly Houses by HomeVestors is a nationwide cash buyer that purchases houses for cash in Tennessee. After you call the company, you can get a home evaluation right away and get an offer shortly after.
The company is slower than most in the industry to close — it can take up to three weeks to close a sale. But it’s in our top three, because it’s a well-established company and a trusted brand. We Buy Ugly Houses has an A+ rating by the Better Business Bureau, and customers praise the ease and flexibility they experienced working with the buyer.
We Buy Ugly Houses sticks to its initial cash offer, which is good or bad, depending on what you’re looking for. It won’t tease you with a high offer and reduce it after an inspection. But you won’t have room to negotiate if you believe you could get more for your home than their initial offer.
» MORE: We Buy Ugly Houses review
4. We Buy Houses Tennessee: Decades of experience
Nationwide
- (877) 932-8946
- Offer in 24-48 hours
- Close in 7-14 days
We Buy Houses is a network of cash buyers that have been buying homes all over the U.S. since 1997. It can make an offer anywhere from 24–48 hours and can close as quickly as seven days. Sellers who left reviews said they were pleased with the fast and easy transactions that the company provided.
We Buy Houses purchases properties across Tennessee.
WeBuyHouses.com is a nationwide cash buyer that’s available in Tennessee as We Buy Houses Tennessee. Past sellers have been happy with fast sales — though the company takes one to two weeks to close, which isn’t the fastest in the industry.
You can get an offer within one to two days after a home inspection, and this will happen quickly after you call the company. Note that your experience might vary, because each of the company’s franchise offices operate independently.
» MORE: We Buy Houses review
5. Middle Tennessee Home Buyers: A+ BBB Rating
Statewide
- (615) 492-6199
- Offer in 24 hours
- Close in 7 days
Middle Tennessee Home Buyers is a local company that buys homes throughout Tennessee. It can make an offer within 24 hours and allows sellers to choose the closing date, closing in as few as 7 days. It is highly rated, with reviewers praising its reps for being transparent, making reasonable offers, and making the selling process simple and easy.
Middle Tennessee Home Buyers purchases houses in Chattanooga, Nashville, and a variety of areas across Tennessee.
Middle Tennessee Home Buyers is a local company that buys houses for cash throughout Tennessee, including Chattanooga and Nashville. It can make an offer within 24 hours and allows sellers to choose the closing date, as soon as seven days.
This local Tennessee cash buyer is highly rated, with reviewers praising its reps for being transparent, making reasonable offers, and making the selling process simple and easy. The company aims to keep offers fair and competitive by reducing their renovation costs as much as possible. It boasts a Better Business Bureau accreditation and an A+ rating (though that’s true of most of the companies on this list).
Not seeing the right company for you? Check out our list of the top companies that buy houses for cash across the country!
How do We Buy Houses for Cash companies work?
We Buy Houses for Cash companies in Tennessee are typically owned by real estate investors. These investors look for deals, most often by searching for distressed or unwanted properties that tend to be less desirable to ordinary home buyers.
They purchase the homes by making fast, all-cash offers that allow them to buy at a discounted price. Then, they make the necessary repairs and re-sell the properties for a profit.
We Buy Houses for Cash pros and cons for Tennessee home sellers
| ✅ Pros | ❌ Cons |
|---|---|
| Fast, easy closing. These companies typically make an offer within 24–48 hours and close in as little as one week. | Significantly lower sale price. The biggest drawback is that you won't get what your home is actually worth on the open market. |
| No paperwork. Most reputable We Buy Houses companies will take care of all the paperwork for you. | Little room to negotiate. The offer they give you generally doesn't have much wiggle room. |
| No repairs. They'll buy your property as-is without requiring any repairs — even if your home is in poor condition. | No representation. Unlike in a traditional real estate transaction, you won't have an agent to represent your best interests. |
How much do We Buy Houses companies in Tennessee pay?
We Buy Houses companies and local real estate investors in Tennessee generally use the 70% rule: never pay more than 70% of a home’s after-repair value (ARV), minus repair costs. You can get a ballpark idea of your home’s ARV by looking at listing/sale prices of comparable homes in your neighborhood that have been renovated recently.
The median listing price of homes in Tennessee is $425,000. Assuming a We Buy Houses company believes that your home will be worth that after they’ve made the necessary repairs ($50,000 in this example), they would pay you around $247,500.
(After repair value x 0.70) – Repair costs = Purchase price
($425,000 x 0.70) – $50,000 = $247,500
When is selling to a We Buy Houses company worth it?
Selling to a We Buy Houses company may be worth it if you need to sell your home quickly and don’t have time to make any repairs.
But most sellers will be able to sell their home for a much higher price by listing on the open market.
You need to sell your house fast
| 🗓 Time to sell | 💰 Median listing price | |
|---|---|---|
| Tennessee | 41 days | $425,000 |
| United States | 50 days | $427,250 |
A We Buy Houses company can be a good option for sellers who need to unload an unwanted property fast.
The average time to sell in Tennessee is 41 days, while a We Buy Houses company can make almost immediate cash offers and allow you to close in anywhere from 7–21 days.
But there’s a catch: most We Buy Houses in Tennessee companies pay a lot less money than you’d get by selling on the open market.
The best option for most sellers is to list with a realtor who specializes in quick sales. An experienced real estate agent can help you sell your home on a tight timeline — without sacrificing your hard-earned equity.
You’re selling a house in poor condition
Another great benefit of a cash buyer like We Buy Houses in Tennessee is that it will purchase homes in as-is condition. If your home is in need of extensive repairs or is structurally unsound, it may be easier to sell to a We Buy Houses company instead of finding a buyer on the open market.
That said, we recommend talking to an experienced real estate agent before accepting an offer from a We Buy Houses Tennessee company. In today’s market, there are buyers who are willing to purchase fixer-uppers, and you’ll almost always get more money for your home by selling on the open market.
If you’d like to get an agent’s professional opinion, our partners at Clever can connect you to a top local realtor. You’ll get a free expert home valuation to make sure you’re getting a fair price.
Better alternatives for Tennessee home sellers
There are two main types of alternatives to selling to a We Buy Houses company in Tennessee: selling to an iBuyer or listing with a traditional agent.
If you’re selling a newer home that doesn’t need extensive repairs, we recommend getting an offer from an iBuyer.
Listing with a real estate agent is the best way to sell your home for its full value — and an agent can help you compare cash offers to what your home may get on the open market.
Sell to an iBuyer
Like We Buy Houses companies, iBuyers make all-cash offers on homes. They offer the same fast closing timelines, but they typically pay much closer to market value.
But there’s a reason iBuyers pay more than traditional We Buy Houses companies. iBuyers have much stricter purchase criteria and are only available in select areas. If your home was built recently and only needs minor repairs, it may be a good candidate for an iBuyer. Otherwise, it probably won’t qualify.
If you need to sell your Tennessee home quickly and it’s in good shape, we recommend seeing if there are any iBuyers available in your area. Requesting a cash offer only takes a few minutes, and you can walk away with no obligation if the offer is lower than what you think your home is worth.
List with a Tennessee realtor who specializes in quick sales
Every seller should start their selling journey with an expert home valuation from a local real estate agent — even if you ultimately decide to sell to accept a cash offer from a We Buy Houses company or iBuyer.
Getting a home valuation is free, no-risk, and allows you to ensure that you’re making the right decision.
In the current Tennessee real estate market, many top agents can still sell your home quickly. They can even target individual cash buyers and investors, allowing you to sell your home as-is while still getting top dollar for your home.
FAQs about We Buy Houses companies in Tennessee
Are We Buy Houses companies in Tennessee legit?
Many Tennessee house buyers are legit, but some do take advantage of a seller in a difficult position and make a lowball offer. To avoid any issues, it’s best to look through reviews to find a cash buyer in Tennessee that former sellers liked. For example, sellers like Middle Tennessee Home Buyers because its reps are transparent and make reasonable offers. A more established company like We Buy Ugly Houses in Tennessee is also a reliable alternative.
How much money will a We Buy Houses company pay in Tennessee?
More often than not, a We Buy Houses in Tennessee company will pay less than you'd get in a traditional sale, making an offer that’s 50% to 70% of a property’s estimated worth. However, they also provide the fastest closing times, which desperate sellers find is worth the lower payout.
In Tennessee, for instance, Middle Tennessee Home Buyers can close in as few as seven days. Learn more about how We Buy Houses for Cash companies work!
How can I sell my property quickly in Tennessee?
A fast way to get an offer and sell a property in Tennessee is to get in touch with a local cash buyer. For instance, We Buy Houses Tennessee can make an offer within 48 hours and close within two weeks.
However, those looking to make more profit from the sale should try working with a low commission real estate agent instead, as they can help you close quickly without selling for under market value.
Who should use a We Buy Houses for Cash company in Tennessee?
Whether using a We Buy Houses for Cash company or a traditional home sale is best for you depends on your needs and what motivates you to sell. It could be a fit if you need to sell your home quickly, are trying to sell an unwanted home or your home needs repairs you can’t pay for.
Consult a Tennessee real estate agent before accepting a cash offer from a We Buy Houses company. They can help you determine whether your home might sell quickly and for more money on the market.
More We Buy Houses for Cash resources
Want to learn more about how We Buy Houses companies work and what you should watch out for as a home seller? Check out these great resources!
Companies That Buy Houses for Cash [In-Depth Guide]: You might be willing to sell to a We Buy Houses company if you’re in a bind, but is it worth it? Find out how these companies operate.
Are “We Buy Houses” Companies a Ripoff? Cardboard signs at the side of the road don’t seem very professional, so what’s the deal with all of these companies that advertise “We Buy Houses in Tennessee” on highway billboards? Learn how to tell the difference between a legitimate cash buyer and a scam.
How Much Will an Investor Pay for My House? Investors don’t buy houses because they love them — they buy them to make a profit. Learn more about how an investor would price your home if they were interested in buying it.
More Tennessee home selling guides
How to Sell a House Without a Realtor in Tennessee: Selling your home for sale by owner (FSBO) can be a good way to save on real estate commissions. But is it worth it overall? Find out the benefits and drawbacks of selling FSBO in Tennessee in this complete guide.
Average Realtor Fees in Tennessee: Real estate commission fees are typically the largest expense when you sell your home. Here’s how much the average home seller in Tennessee spends on realtor fees — and some tips on how to save!
The Best Flat-Fee MLS Companies in Tennessee: If you’re selling your home without a realtor, a flat-fee MLS brokerage will allow you to get your listing on the MLS — so more potential buyers will see your listing. But not all of these companies offer great value for their service. Here’s the breakdown of which brokerages to use (and which to avoid) in Tennessee.
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