Facing rising costs and the need for faster closings, Tennessee homeowners are turning to off-market sales. A Jonesborough-based company is helping them do it without agents, showings, or surprise fees.
Across Tennessee, more homeowners are skipping the stress of traditional real estate listings. Whether due to rising interest rates, life transitions, or the need for fast cash, off-market sales are becoming an increasingly common way to move forward. These are transactions made directly with buyers, often without agents or public listings.
In Jonesborough, one company has quietly built a reputation for helping people make that transition with less friction. Favor Home Solutions, founded by Caleb Luketic, buys houses directly from homeowners. No repairs, no commissions, no open houses. Just a clear timeline and a firm offer.
Searches for phrases like “We Buy Houses Tennessee” have increased in recent years. But Luketic says many homeowners don’t realize there is an alternative until traditional options fall through.
“Some of the people we work with never thought they’d need a service like ours,” he says. “But when life hits, like divorce, probate, job relocation, or foreclosure, they don’t have six months to wait for a buyer.”
Luketic recalls a recent case involving a retired couple in Johnson City. After a sudden health issue, they needed to move closer to family. “They didn’t have the time or energy to deep-clean, fix drywall, or wait through showings,” he said. “We made them a fair offer within 24 hours. They closed two weeks later and left on their own terms.”
Nationwide, off-market home sales are gaining traction. Zillow’s 2023 research found that nearly one in four U.S. sellers were open to selling without listing publicly. For many, the goal is not to maximize price but to minimize stress and delays. Luketic’s team typically closes within seven days. There are no clean-ups, no closing costs, and sellers choose the move-out date.
“It’s not always the highest offer,” Luketic said. “But it’s the cleanest, and for some families, that’s worth more.”
Favor works with retirees, landlords offloading rental properties, heirs dealing with inherited homes, and people facing financial difficulty. Most clients find them through word-of-mouth or online search.
For sellers, avoiding repairs, agent fees, and months of holding costs often saves more money than it appears. In high-inflation markets, speed and certainty carry real value.
Tennessee’s housing market is also shifting. According to the U.S. Census, the state ranked in the top 10 for inbound migration in 2023, with more than 50,000 new residents. But as demand rises, so do costs. For many long-time homeowners, a direct sale offers the clean break they need.
Favor Home Solutions now serves homeowners in The Tri Cities of TN, and all across Tennessee. Luketic says the company always wants to leave someone better than when they first reached out to Favor Home Solutions.
“We don’t try to sell people,” he said. “We just explain what’s real. Sometimes they go with us, sometimes they don’t. But either way, they leave with clarity.”
More details at: https://favorhomesolutions.com/
David Anderson, the meticulous Finance Editor at Business Press Daily. David’s expertise in financial matters is second to none, and he plays a crucial role in keeping our readers informed about all things finance. With a keen eye for detail, David breaks down complex financial concepts, offers investment insights, and keeps you updated on market shifts.