Here is what working with ILease Memphis in Memphis typically covers, from the first consultation to closing day. Services and terms vary, so confirm the details in your written agreement.
Buyer services
Buyer strategy session
Clarifies budget, loan pre-approval status and the representation agreement now required in Tennessee.
Home tours and listing alerts
Setting up searches for Memphis area listings and arranging showings as soon as homes go live.
Writing and negotiating offers
Pricing an offer from recent nearby sales and negotiating repairs, credits and timelines.
Getting to the closing table
Coordinating with the lender, title or escrow office and the other agent so nothing slips.
Seller services
Listing price strategy
Comparable sales and current competition used to set a realistic asking price.
Listing preparation
Advice on repairs, staging and photography before the home goes live.
MLS listing and marketing
Listing on the local MLS and syndication to the major home-search sites.
From showing to sold
Feedback after showings, multiple-offer handling and closing coordination.
Focus areas
Rentals & Leasing
Help for tenants and landlords with leases.
Property Management
Ongoing management of rental property.
How a typical transaction works
- ConsultA first conversation about goals, budget and timing — and a written agreement that spells out services and compensation.
- PrepareBuyers get pre-approved; sellers review a pricing analysis and prepare the home for photos.
- Market & tourListings go live on the MLS; buyers tour homes and compare recent sales.
- NegotiateOffers, counteroffers, inspection requests and appraisal issues are worked through.
- CloseFinal walk-through and signing with the title or escrow company under Tennessee rules.
Typical costs on a Memphis home
Illustrative figures for a home at the local typical value of $145,335. Real numbers depend on your agreement, lender and title company.
| Item | Rate | On $145K |
|---|---|---|
| Listing-side commission (negotiable) | 2.5–3% | $3,633–$4,360 |
| Buyer-side compensation (negotiable) | 2–3% | $2,907–$4,360 |
| Buyer closing costs (lender, title, escrow) | 2–5% | $2,907–$7,267 |
| Home inspection | flat | $350–$600 |
Every percentage above is negotiable and is set in the written agreement. Typical value from the Zillow Home Value Index (August 2026).