Cash-buying companies vigorously compete for properties, even putting numerous bids.
In 2023, you have multiple options at your disposal, if you want to sell house fast for cash.
Even after paying agent commissions, selling privately will take longer but result in higher net earnings. Cash home buyers are a great choice for you if you’re seeking to sell a distressed property or need to close a house sale within two weeks.
Reviews – Companies that Help You Sell Your House Fast for Cash
1. Houzeo.com
Houzeo offers 4 comprehensive Flat Fee MLS Listing plans.
- Bronze: In this basic plan, you get a 6-month listing term with maximum photos on the MLS.
- Silver: In the silver plan, you can list 24 photos for 6 months. You also get a yard sign and unlimited listing changes. Your listing is syndicated to Zillow, Trulia, and more.
- Gold: Gold is Houzeo’s signature MLS package with tech features like Houzeo Showings, Houzeo Offers, and DigiTransact.
- Platinum: This is the ultimate flat fee plan with a 1-year listing term and virtual full-service from a licensed broker.
👉 Is Houzeo Legit? Find out before investing!
Houzeo has the best tech available for a Flat Fee MLS platform. Check out Houzeo pros and cons!
- No Listing Commission: With Houzeo you save at least 3% on listing agent commission. All fees are disclosed upfront, so there are no Houzeo hidden fees.
- Advanced Tech: Houzeo offers up-to-the-minute technology to give you a smooth ride from list to close. You get an intuitive seller’s dashboard, free mobile app, and 100% online paperwork.
- Maximum Exposure: Your home is listed on 100+ real estate websites like Zillow and Trulia. This ensures maximum eyeballs on your property.
- Nationwide Coverage: Houzeo covers 47 states and DC.
👉 Houzeo Customer Reviews: Houzeo is rated “Excellent” with a 4.9 out of 5-star rating by 4,523 home sellers on Google Reviews and Trustpilot!
In our research, we found no major red flags with Houzeo. Customers have consistently given positive reviews about their experience!
👉 Houzeo Complaints: Find Out what sellers said about Houzeo!
We recommend Houzeo’s Gold plan priced for an easy and quick listing. The full-service Platinum plan is a great option for first-time FSBO sellers who need expert guidance.
👉 Is Houzeo Good? Find out here!
2. Opendoor
Opendoor is America’s best and largest ibuyer based out of San Francisco and they offer instant cash for homes. Opendoor started it’s business in 2014 and has been helping homeowners in difficult real estate transactions.
Opendoor offers 90% to 100% of the property’s Fair Market Value (FMV).
- How to sell your house for cash with Opendoor?
To get the process started you need to fill out an online form in Opendoor’s website or mobile appwith your address, a photo of your home and some basic information about your property to get an instant cash offer. Once they receive the information and if your property lies in Opendoor’s coverage, their representatives will schedule a free home condition assessment to verify the condition of your home. The final cash offer will be made after the condition assessment.
If you accept the final offer, they will walk you through the closing process. You can choose the closing date and the payment will be done within a few days after the closing.
- Opendoor preliminary offer, Closing costs and Final cash offer
Preliminary cash offer: Opendoor takes 24 hours to make a preliminary cash offer.
Closing costs: Opendoor service fee (5%), plus deduction for repairs, typically 1% to 7%.
Final Cash Offer: Opendoor’s final cash offer is calculated after deducting closing costs, typically 6% to 13%.
» Opendoor Reviews: Everything you need to know about America’s biggest iBuyer
- UI experience for users
- Preliminary cash offer in 24 hours
- Closing cost applicable
- Sellers receive a no-fuss cash offer
- Hefty service fees
Opendoor has an average rating of 4.4 out of 5 stars across 2,698 reviews on Reviews.io.
Opendoor offers cash for houses in 47 major markets across 21 states: AL, AZ, CA, CO, FL, GA, ID, IN, MN, MO, NV, NC, OH, OK, OR, SC, SD, TN, TX, UT, VA.
3. Offerpad
Offerpad is a real estate cash buyer that buys houses for cash. They have been in business since 2017 and have bought, sold, and renovated nearly 10,000 houses across the country. Offerpad has a team of experienced professionals and advanced technology to help homeowners sell their houses quickly for cash.
Offerpad offers 80% to 100% of the property’s Fair Market Value (FMV).
- How to sell your house for cash with Offerpad?
Simply enter your address and some basic information about the size and status of your property on Offerpad’s website or mobile app to request a cash offer. Offerpad’s specialized team of real estate professionals inspects your home, and the patented Offerpad evaluation tool generates an initial “offer price” for your property.
- Offerpad preliminary offer, Closing costs, and Final cash offer
Preliminary cash offer: Initial cash offer will be made within 24 to 48 business hours.
Closing costs: Offerpad service fees (5%), plus deduction for repairs, typically 1% to 7%.
Final Cash Offer: Offerpad’s final cash offer is calculated after deducting closing costs, typically 6% to 13%.
» Offerpad Reviews: Read more on detailed reviews on Offerpad.
- The closing can be done in less than 10 days
- They buy houses in as-is condition
- Long-term stay option for house sellers
- Closing costs and service fees can add up to more than 10% of the purchase price in some situations, resulting in a lower cash offer than expected
- 1% cancellation fees if you back out of the deal after acceptance
On TrustPilot, Offerpad has received 165 reviews and a score of 4.6/5.
Offerpad buys houses for cash in 21+ markets across 16 states, including Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Missouri, Nevada, North Carolina, Ohio, South Carolina, Tennessee, and Texas.
4. We Buy Ugly Houses
“We Buy Ugly Houses” are all-cash home buyers who purchase houses in any condition. They are owned by Homevestors and they are in business for the last 20 years and the process of iBuying is well established. We Buy Ugly Houses helps homeowners get out of their ugly housing situations.
The company buys ugly houses, i.e., distressed properties like one with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
- How to sell your house for cash with We Buy Ugly Houses?
Get started by filling out an online form with your property details and some basic information about the size and status of your property on the We Buy Ugly Houses website. Once they receive the information about your property, their representatives will get connected to you over the call for a free consultation to discuss the cash offer. After the discussion a firm cash offer will be made, you can trust the firm cash offer as it won’t change before closing. If you accept the cash offer, then they will proceed for the closing.
- Cash Offer
We Buy Ugly Houses takes 24 to 48 business hours to share a cash offer. This is the best price a seller can get for their distressed property.
- Closing Timelines
Flexible; homes close within 7 to 60 days.
- Service Fee and Closing Costs
“We Buy Ugly Houses” doesn’t have any service fees and Closing Costs.
» We Buy Ugly Houses Reviews: Should You Sell Them Your Ugly House?
- Get an offer in 24 to 48 hours
- Quick close as little as three weeks
- They buy houses in as-is condition
- Pays less than what sellers could net on the open market
We Buy Ugly Houses has 2 out of 5 stars with 6 reviews on Yelp.
We Buy Ugly Houses operates nationwide in 1,100 locations in 45 states.
5. We Buy Houses
We Buy Houses is a national cash home buyer based in Texas. They have more than 20 years of experience assisting homeowners in getting rid of burdensome houses. We Buy Houses is now present in over 200 markets across more than 30 states in the United States. We Buy Houses is well-known among cash home buyers for providing the best technology solutions and fair market value to homeowners across the country.
We Buy Houses offers 50% to 70% of the property’s Fair Market Value (FMV).
- How to sell your house for cash with We Buy Houses?
To request a cash offer, simply enter your address and some basic information about the condition of your property on the We Buy Houses website. They will schedule a home visit and make you a full cash offer based on local housing market trends.
- Cash offer
We Buy Houses takes up to 48 business hours to share a cash offer.
- Closing Timelines: Flexible
Flexible homes close within 7 to 60 days.
- Service Fee and Closing Costs
“We Buy Houses” doesn’t have any service fees and Closing Costs.
» We Buy Houses Reviews: Learn more from the detailed company reviews.
- Cash Offer in 24-48 hours.
- Closing can be done in just 7 days.
- Once an offer has been made, there is little to no space for negotiation.
- Most homes get paid less cash than the fair market value.
No credible ratings found.
We Buy Houses operates in 49 states with 2,700 offices nationwide.
Comparing all Alternatives
MLS
There are four key advantages of listing on the MLS that significantly shorten the time it takes to sell your home:
- The MLS is the quickest option to get your property on the market, and it also syndicates your listing to the top-tier real estate websites like Zillow, Realtor.com, etc.
- Your offers and listing gets broadcasted to all real estate agents, cash home buyers, and, iBuyers.
- All offers are negotiable.
- You don’t have to pay service or commission costs.
iBuyers/Instant Buyers
With full cash offers and cutting-edge platforms, iBuyers have levelled the playing field for the immediate buyers. You instantly receive a cash offer that is pretty fair, and you can seal the deal within a few days.
Not every homeowner can qualify for iBuyers, because of their coverage is limited.
Home Trade-in Services
A home trade-in service will come handy if you believe you won’t be approved for a mortgage loan and need hard cash before purchasing your next home.
Home trade-in services like Knock and Flyhomes provide you with the liquid funds you need to move into your new home.
When the old house sells, the finances are settled.
Cash buyer/ “We Buy Houses for Cash” Companies
If your house is in a poor condition and you don’t want to shell out dollars on repairs or closing costs, then you can approach “we buy houses for cash” companies. These companies provide quick cash offers and allow you to sell your house fast for cash.
Their cash offer will make up for only 50%-70% of your home’s fair market value.
A home worth $150,000 on the open market can be bought at $70,000 by an investor.
Sell My House Fast for Cash Near Me
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