{"id":70576,"date":"2026-06-09T15:29:03","date_gmt":"2026-06-09T22:29:03","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=70576"},"modified":"2026-06-09T15:29:03","modified_gmt":"2026-06-09T22:29:03","slug":"selling-a-house-as-is-in-memphis","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/selling-a-house-as-is-in-memphis\/","title":{"rendered":"Selling a House \u2018As Is\u2019 in Memphis"},"content":{"rendered":"

Selling a house \u201cas is\u201d in Memphis can be a practical option if you want to avoid repairs and move on quickly. Whether you own a fixer-upper or have recently inherited a family member\u2019s property, you may be hoping to receive a reasonable offer and sell on your timeline.<\/p>\n

\u201cThere are usually a couple of reasons that people sell \u2018as is.\u2019 The first one, I’ve noticed, is that they don’t necessarily have the physical capabilities to go through with the repairs,\u201d says Aaron Edwards<\/a>, a leading Memphis real estate agent with 15 years of experience. \u201cSometimes it’s a money factor. Sometimes it’s a timing factor.\u201d<\/p>\n

That said, selling a house \u201cas is\u201d often results in a lower sale price, and buyers may still try to negotiate based on the home\u2019s condition. In this guide, we\u2019ll walk through your options for securing an offer, explain how the process works, and outline what you can expect along the way.<\/p>\n

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Fast facts about selling a house \u2018as is\u2019 in Memphis<\/h2>\n\n\n\n\n\n\n\n\n
Median sales price in Memphis<\/td>\n$220,500 <\/a><\/td>\n<\/tr>\n
Average days on market (DOM) for Memphis<\/td>\n60 days<\/a><\/td>\n<\/tr>\n
Disclosures<\/td>\nTennessee law requires sellers to disclose material facts about the property through the Tennessee Residential Property Condition Disclosure<\/a>.<\/td>\n<\/tr>\n
MLS has a field to mark a listing \u201cas is\u201d?<\/td>\nNo<\/td>\n<\/tr>\n
Is a real estate attorney required?<\/td>\nReal estate attorneys are not<\/a> considered essential for closing in Tennessee.<\/td>\n<\/tr>\n
Real estate transfer taxes?<\/td>\n$0.37 per $100.00<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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What is as-is condition in real estate?<\/h2>\n

\u201cAs is\u201d is a type of home sale in which it\u2019s understood that no improvements will be made to the property. When selling a house \u201cas is,\u201d the seller declines to entertain buyers’ requests to complete repairs or provide a credit for them.<\/p>\n

An as-is sale may also indicate that the functionality and longevity of certain components of the home, such as a stove on its last legs or an aging roof, is not guaranteed.<\/p>\n

When selling a house \u201cas is\u201d in Memphis, the general condition of the property should already be accounted for in the purchase price of the home to the best of the seller\u2019s knowledge.<\/p>\n

\u201cThe biggest piece of advice that I give sellers is to make sure that they’re taking into account the property condition when we set our list price,\u201d says Edwards. \u201cI also let them know that buyers always tend to overestimate how much it’s going to cost to fix something or to make repairs.\u201d<\/p>\n

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Which types of homes are sold \u2018as is\u2019?<\/h2>\n

Homes sold \u201cas is\u201d often need some work or may be cosmetically outdated. It\u2019s not a label you\u2019re likely to place on a listing in pristine, move-in-ready<\/a> condition.<\/p>\n

As-is sales often attract investors searching for their next flip or buyers seeking a good deal, perhaps on a home with potential in a great location.<\/p>\n

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What problems do you have to disclose in Memphis?<\/h2>\n

Selling a house \u201cas is\u201d in Memphis doesn\u2019t allow you to hide known issues with the property.<\/p>\n

In most residential sales, Tennessee sellers must complete the Tennessee Residential Property Condition Disclosure<\/a> or provide a legally permitted disclaimer statement. The disclosure asks sellers to report known material defects and other conditions that could affect the property’s value or desirability.<\/p>\n

The form covers a wide range of topics, including:<\/p>\n