10 Best Companies That Buy Houses For Cash In 2024

Buying a property in the open market is hard, but selling one is even harder. Between the intricacies of listing and home staging and the daunting process of vetting multiple buyers, navigating a property sale can potentially overwhelm even the most seasoned real estate investor.

Thankfully, there exists an alternative: companies that buy houses for cash.

Whether grappling with the threat of foreclosure or wanting a swift turnover for a wholesale property deal, these companies allow you to bypass the complexities of traditional property sales. We curated a list of the ten best companies that buy houses for cash, plus valuable tips to streamline further the process of selling properties you need to get off your plate.

• What Is The Best Option To Sell My House For Cash?
• 10 Best Companies That Buy Houses For Cash
• Why Use A “We Buy Houses” Company?
• How Much Will A Cash Buyer Pay For My House?
• Pros & Cons Of Selling Your House For Cash
• Final Thoughts

What Is The Best Option To Sell My House For Cash?

If you were to look up the phrase ‘buy my house for cash’ right now, many companies would pop up on your search results. While they’re truly cash buyers for homes, it’s important to note they’re not all the same. They fall under different categories and have different business models and objectives.

Learning the different categories will help you select the most suitable option for your investing portfolio. Here are the four main types of we buy houses for cash companies:

A “We Buy Houses” Company

“We buy houses for cash” companies, also known as fix and flip companies, do exactly what their name implies; purchase properties with instant cash offers. They buy properties as is and will typically close on a sale in as little as two weeks.

Consequently, they’re a popular option among homeowners looking to sell distressed properties or property owners seeking to sell fast because they’re strapped for cash, need to move out fast, or are facing financial troubles, for example, probate.

Unfortunately, in exchange for the convenience, “we buy houses” companies often only offer a maximum of 50%-70% of a home’s fair market value.

Private Real Estate Investors

Do you not think a “we buy houses” company is a suitable buyer for your investment property? Private real estate investors might just be who you need.

Private real estate investors range from wholesalers to house flippers. They purchase properties, give them a makeover, and sell them at a profit. Others play the long game of holding onto properties to boost their value or renting them out.

Private investors typically offer only 70% of a home’s fair market value. However, they are open to negotiating the terms and quoting a fair offer price. In some instances, such as under a novation agreement, some private investors have been known to offer up to 90% of a home’s value. They’re an ideal option for property owners looking to earn more than what we buy houses companies offer or those with the time to weigh different offers.

iBuyers

iBuyers, in full, instant buyers, are real estate companies that use automated valuation models to determine a property’s value and make an offer. In other words, these companies employ high-tech algorithms to evaluate a property’s worth and present a cash offer entirely online! Their algorithms often rely on the property’s specific features, nearby comparables, and overall market data to estimate its value. Thanks to their online approach, these tech-savvy companies can write you an offer in as little as 24 hours and close on a property sale within 1-2 weeks. They then fix and resell the property for a profit.

While this is somewhat similar to buying my house for cash companies, note that unlike the former, iBuyers don’t invest in distressed or aging properties. They prefer properties that only need a touch-up. Additionally, their convenience comes with a price tag—they typically charge a 5%-6% seller service fee.

So, are they worth it? They may be worth it if your home is in good condition and you need a speedy sale without the fuss of traditional selling processes like home staging and showings or if you’re looking to sidestep the involvement of a real estate agent. Some popular players in the iBuyer market include Opendoor, Redfin, and Offerpad. Realtor.com and Zillow once dabbled in the iBuyer market but have since bowed out due to losses.

Home Trade-In Services

Home trade-in services, popularly known as buy-before-you-sell, are real estate programs that allow buyers to leverage the equity of their current home to purchase a new home. In other words, companies that offer home trade-in services usually allow homeowners to take out loans against their property’s equity and purchase new homes before selling the old ones.

Once the new property is secured, the old one is sold, and the proceeds go into settling the loan. These companies further sweeten the deal by offering a cash offer as a backup plan. This offer only comes into effect if the old property doesn’t sell within the agreed period.

So, what’s the catch? Real estate companies offering these services typically tack on a 5%-6% realtor commission, along with hefty service and loan origination fees, potentially inflating the overall cost of property ownership.

However, their services are a ticket to a smooth homeownership journey for property owners reliant on the current home sale to buy a new one. They’re also an excellent alternative when purchasing properties in a competitive market or for homeowners looking to sell within a two-month window.

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10 Best Companies That Buy Houses For Cash

Now that you know the different companies that could sell your house for cash and their motivations, check out the top cash buyers for homes in the current real estate market:

WeBuyHouses.com

Established in 1997, WeBuyHouses.com is one of the longest-running companies in the cash-for-homes market. Unlike many “we buy houses” companies that acquire properties for their portfolios, WeBuyHouses.com uses a collaborative approach.

It forms partnerships with seasoned real estate investors, particularly house flippers with a proven track record. Stringent vetting ensures that all its partner investors are licensed; in return, they gain access to the company’s marketing and branding services and referrals. The company has partner investors in over 200 markets across 49 states and has since facilitated the purchase of over 1 million homes.

For homeowners and investors seeking to tap into its services, the process is simple; a sign-up on their website and submission of property details will set the wheels in motion.WeBuyHouses.com then connects them to a licensed investor in the area, who conducts a physical visit to perform an appraisal and provides a cash offer. This usually happens within 24-48 hours after sign-up, and if the property owner accepts the offer, the company says it can close the deal within two weeks. Additionally, sellers incur no closing costs since WeBuyHouses.com covers them all.

So, what’s the trade-off? WeBuyHouses.com, like any for-profit entity, extends offers that are only 70% of the expected after-repair value with little to no negotiation room. Moreover, you only get one cash offer, and as the company collaborates with independent investors, the offer and service quality may vary. Despite these obvious tradeoffs, WeBuyHouses.com is a legitimate company with a proven track record in the industry and a suitable option if you’re looking to sell your home fast.

WeBuyUglyHouses.com

As one of the first cash home-buying companies, We Buy Ugly Houses is a brand so popular that a first-timer looking to sell to such companies might think they’re the only option. Born in 1996, the company is particularly popular for its iconic yellow caveman billboards typically lining interstates.

Note, that WeBuyUglyHouses.com is a subsidiary of the HomeVestors brand and operates as a franchise as opposed to being a stand-alone company. Consequently, any real estate investor, from wholesalers to house flippers can launch and run a cash-for-homes business under this recognizable brand. Interested entrepreneurs usually pay start-up and annual fees to access the brand’s identity and marketing materials. As of writing, the brand has approximately 1,150 franchises in 48 states and boasts an impressive track record of purchasing over 140,000 homes.

While it primarily focuses on distressed properties, WeBuyUglyHouses.com franchises also purchase homes facing financial troubles. Beyond a property analysis and comps, the company calculates its cash offers based on repair costs, the type of property, local sales data, and current market conditions.

Ultimately, We Buy Ugly Houses is one of the largest home cash buyer’s brands in the country and offers sales. However, while they do have a proven track record, and tend to train every franchisee, note that, each franchise operates independently. This means that the quality of services varies greatly. It’s important to do due diligence when dealing with one of the brand’s franchises as there have been incidents of some taking advantage of desperate sellers.

Homelight

Homelight is a San Francisco-based, online company primarily known for its agent-matching services. However, the company also offers Simple Sale (also known as Homelight Cash Offers), a free service that links home sellers with investors who buy houses for cash.

To enroll in the Simple Sale program, sellers must sign up and submit their property details through the Homelight website. Shortly after signing up, a Homelight sales representative will contact them to get more information about the home. Next, they forward the property details to Homelight’s network of investors allowing them about a week to submit their offers. Once offers are in, the Homelight rep compiles the best ones, presents them to the seller, and offers them a few days to select the most favorable.

Once the seller settles on an offer, the Homelight rep coordinates a professional in-person inspection, typically conducted in the presence of the cash buyer. If this step is satisfactory, the sale can close in as little as ten days, but sellers have up to 30 days to close, allowing them move-out flexibility.

So, what fine print details should you be aware of? Most cash buyers on the program are for-profit investors who typically buy homes at a range between 50% and 70% of fair market value. Also, the investor has the option to reduce the initial offer should any issues crop up during the inspection. Additionally, some customer reviews suggest that the company probably uses the Simple Sale program to generate leads for its agents.

Clever Offers

If you’d like to work with a cash buyer company offering multiple selling options, Clever stands as an excellent choice. Founded in 2017 and headquartered in St. Louis, Missouri, Clever is a real estate technology company known for its free agent matching services for home buyers and sellers.

It also offers a cash offer program with an extensive network of cash buyers, including iBuyers, to local and national private investors like wholesalers, house flippers, and “we buy homes” companies. The best part is that the company doesn’t just allow any investor in its network. Instead, it thoroughly vets each investor to ensure they have at least five years of REI experience plus closed a minimum of ten deals in their career. Investors must also prove liquidity and demonstrate high closing rates as proof they’ll follow through on the offers they make to sellers.

Once sellers seeking a cash offer enroll in Clever’s cash offers program, the company pairs them with a concierge who solicits bids from its extensive network of cash-buying investors. This promotes competition for the property, ensuring sellers receive competitive offers.

Additionally, Clever’s cash buyer investors often offer sellers up to 75% of a home’s fair market value, surpassing the industry’s 70% standard. Also, the assigned Clever Concierge not only selects the very best offers but also works with the seller every step of the way to ensure successful closing. During the process, Clever also connects sellers with a professional real estate agent who performs an actual CMA to ensure property owners know the actual value of their property.

But as noted, Clever is an agent-matching program. So, if the cash offers you get don’t sit right, you have the option to list your property on the company’s open market. This option provides increased exposure, and with Clever’s agents charging only 1.5% commissions instead of 3%, a higher payout too. Notably, Clever partners with top-producing agents from brokerages like Keller Williams, who are experienced enough to ensure every seller gets the top dollar from a sale.

If the cash offers and listing don’t align with your needs, Clever offers sellers a third option- novation agreements. With this option, one of Clever’s investors fixes and flips the property on behalf of the seller, and the profits are split between the parties.

But while Clever provides valuable services, it’s not without its drawbacks. Limited availability in rural areas and the fact that they allow their affiliated agents and brokers access to a seller’s private information, such as the ALTA statements, are some of the company’s biggest faults.

Opendoor

If you’re looking for an iBuyer with favorable terms, Opendoor Technologies Inc. might be the right choice for you. Established in 2014, Opendoor was practically the first ever iBuyer and is considered one of the largest iBuyer companies in the US by volume. It currently operates in about 55 markets, including hot real estate markets like Florida, Texas, and North Carolina.

So, how does their seller program work? Sellers have two primary options: they can sell directly to the company, or utilize the offer lock option, which allows them to list on the platform’s open market with an Opendoor cash offer as the backup plan.

Opting for the former involves the typical iBuyer process: sign up and submit property details to the company’s official website. After about ten minutes, an Opendoor rep whips a preliminary offer based on comps and market data. If the seller accepts the offer, the Opendoor rep schedules and conducts a virtual valuation of the property’s interior via video call. Alternatively, the seller can submit pictures and a video of their property’s interior. In addition, Opendoor sends a professional estimator to evaluate the property’s exterior.

Approximately 24-48 hours after these valuations, Opendoor generates a finalized offer. Sellers can back out at this point without penalties, but if they proceed, Opendoor requires them to select a closing date. The best part is that the company provides flexible closing, usually up to 60 days in the future, allowing sellers to review their next homes comfortably. Even after closing, sellers can remain on the property for up to 17 days, albeit at a daily fee.

However, note that the iBuyer’s final offer might be lower than the preliminary one since it includes deductions for estimated repair costs. The final offer expires after five days and is non-negotiable, creating a take-or-leave-it situation.

Additionally, Opendoor doesn’t just buy any properties. Nationally, the company purchases single-family homes and townhouses and may purchase duplexes and condos in select markets. These properties must also meet the following criteria

• Have a maximum lot size of 2 acres,
• Valued between $100,000 and $600,000.
• Be owner-occupied
• Built after 1930

If you’d like to explore your options, you should consider their offer lock program. Sellers who opt for this option usually get to list their properties on Opendoor’s open market, where they have up to 60 days. If the property doesn’t secure a buyer within this timeframe, the seller must accept or reject Opendoor’s cash offer within five days. However, if they get a buyer, they have to cover 5-6% of agent commissions, repair expenses, and closing costs. It’s worth noting that Opendoor’s offer lock program is available in select markets, while their iBuyer program is available throughout America.

Offerpad

If you need to sell your house fast but can’t move out equally fast, Offerpad is probably one of the best cash-for-homes options for you. But before we go any further, do note that Offerpad isn’t your typical “sell my house fast” business, but an iBuyer meaning they only target homes that are in good condition.

That said, the company offers two primary selling programs; Offerpad Express and Offerpad Flex. Under the Offerpad Express program, sellers enjoy the convenience of up to three extra days to organize their move out, with the bonus of complimentary moving services if relocating within 50 miles. Sellers in this program also have the option to rent back their home for up to 60 days. Apart from these perks, participants usually get a quick cash offer and the flexibility to choose a closing date from 8 to 90 days out.

So, what is the deal breaker? Well, sellers in this program face a 5% service fee, about 1-2% closing costs, and, should they want to back out, a 1% cancellation fee. Plus, they also shoulder the repair costs. Therefore, while the Offerpad Express program packs enticing benefits, these costs make it less attractive.

What about Offerpad Flex? Under this program, sellers can list the homes in the Offerpad market, enabling them to compare multiple offers and settle on one that maximizes the sale’s value. Additionally, Offerpad provides a backup cash offer that is deployable only if the property doesn’t sell within 60 days.

What is the catch with the Offerpad Flex program? Sellers bear the brunt of agent commissions, closing and repair costs, plus 1% seller concessions.

If you are looking to buy a home immediately after you sell, Offerpad has a third option—the sell+buy+loan program. Sellers in this program can choose either Offerpad Express or Flex to sell their current home and directly buy a new one from Offerpad’s inventory. Additionally, they may utilize Offerpad mortgages to finance the purchase of a new home, and they’re subject to amazing discounts.

In a nutshell, Offerpad presents excellent options, but we recommend doing due diligence to assess whether the costs of its programs align with your financial considerations.

Express Homebuyers

Express Homebuyers, a franchise-based cash buyer company headquartered in Springfield, Virginia, has been a key player in the “sell house cash” industry since 2003. It boasts a track record of purchasing over 4,000 homes. The company operates in 28 states, and since it partners with local investors, the quality of services may vary between different franchises.

However, the Express Homebuyers cash for homes process is the typical one whereby property sellers submit their details on the website. In return, they receive an initial cash offer based on an online valuation, comps, and market data. The company then pairs sellers with an investor from the nearest franchise, who conducts an in-person inspection and writes the final offer based on the appraisal results. Sellers get up to 30 days to accept the final offer, and if they choose to proceed, the closing can occur within seven days or at a time most convenient for them.

However, note that some customer reviews suggest that the company might spam you with unwanted calls, especially if you reject an offer. But other than these complaints, Express Homebuyers is one of the best companies that buy houses for cash in 2024.

HomeGo

Need to make a prompt sale, maybe due to a job offer in another location or an imminent foreclosure? HomeGo might just be your best cash buyers for homes option. It promises to generate cash offers for property sellers on the very same day they reach out.

Unlike cash buyer companies that tend to slash their offers after accounting for repairs, HomeGo assures a solid, non-negotiable offer with no reductions down the line, regardless of the renovations your property might require. Plus, if you’re in a hurry you need not worry about tasks like cleaning up because HomeGo claims to handle not just repairs but also any mess left behind once the seller moves out.

Besides properties with structural issues, HomeGo buys homes facing financial trouble, such as probate, foreclosure, and tax liens. They also buy properties under construction and even tenant-occupied rental properties. Are you worried about their legitimacy? You need not because HomeGo, established in 2018, is a nationally recognized, privately held firm with 30 offices and a footprint in 23 states. The company’s headquarters and primary contracts are in Irving, Texas.

Are you curious about their process? HomeGo partners with licensed realtors countrywide to facilitate swift sales. Once a seller signs up and submits their details on the official website, they link them with a licensed local agent. This agent visits the property, conducts a quick 30-minute walkthrough to assess the property’s condition, and generates an instant, unchanging offer based on the property's condition and comparable sales. If the seller accepts the offer, the agent begins the sale process, which HomeGo claims can be as speedy as seven days or up to three weeks, depending on the seller’s move-out timeline.

Wondering if there’s anything you should worry about regarding HomeGo? Well, as with any cash-for-house business, HomeGo tends to offer on the lower side—usually about 50%-70% of the property’s after-repair value. But other than this common downside, they have a solid reputation and offer a smooth sale process.

Knock

So, you just landed a job opportunity that demands a quick move but lacks the funds to acquire or rent a new home as promptly as needed? Don’t want to sell your home to a cash buyer offering only 70% of its ARV? Would you prefer to list your home in the open market to compare different offers? Knock might be the perfect fit for you if you said yes to either question.

Knock isn’t a typical cash buyer for homes but rather a non-traditional lender offering home trade-in (buy-before-you-sell) loans through the Knock Home Bridge program. With this program, homeowners looking to sell can borrow loans against their equity, allowing them to purchase a new home before selling the old one. Simultaneously, Knock offers them the flexibility to list the property and find buyers in the open market.

Knock sweetens the deal by offering to cover the costs of the homeowner’s old mortgage for up to six months. Moreover, if the property fails to sell on the open market, Knock commits to buying it at 80%-85% of the fair price. This allows sellers peace of mind because not only will they get the funds they need to purchase a new home, but also get the chance to list and compare multiple offers for their properties. They’re also guaranteed a better than a “we buy homes for cash” companies offer should the property fail to sell.

Impressive right? Well, that’s not all! Knock allows sellers in its home bridge program to choose and work with their preferred real estate agents. Furthermore, as part of the bridge home loan program, sellers can access up to $25,000 for home repairs, renovations, or any other task related to improving their home’s appeal in the open market. Sellers can even use these funds to cover the costs of moving.

Now, let’s talk about the nitty-gritty. Knock charges a 2% service fee and sellers in the home loan program also have to pay $1,450 in loan origination fees. Additionally, they must reimburse the lender for the costs incurred in repaying the mortgage. Throw in the $25,000 cash advance plus real estate agent commission costs, and you could find yourself paying a hefty price.

Ultimately, Knock is indeed an excellent option but do your homework to determine the exact costs of utilizing their buy-before-you-sell program. Also, compare the cost of working with them versus cash buyers for homes to identify the best option for your situation.

Sundae

Are you on the lookout for a swift cash sale but still want the flexibility to compare offers? Sundae could be your ideal “sell my home for cash” option. Note that Sundae is a marketplace linking cash-for-homes investors with sellers.

Property sellers who contact the company are paired with a market expert who makes an in-home visit for a home inspection and disclosure. The home is then listed on Sundae’s marketplace, and investors are invited to bid on it. Investors typically have a four-day window to review the listings.

Post this bidding period, Sundae’s experts sift through the offers and present the highest ones to the property owner, allowing them up to three days to review and accept one. Once the nod is given, Sundae steps in and assigns the seller a closing manager to facilitate the closing, which usually takes between 10 and 60 days, depending on the sale’s particulars.

This process allows sellers an opportunity to compare multiple offers. Even better, sellers walk away without bearing any fees or closing costs, these are shouldered by the buying investor. Also, while sellers can sell the property as is, Sundae offers sellers a $10,000 cash advance to cover any property-selling expenses.

It sounds pretty good, which may make you wonder what the catch is. As cash buyers, Sundae’s investors are on the prowl for profits, and as such, their offers hover around 70% of the fair market value. Additionally, Sundae clips a $1,000 service fee from the offers before they’re presented to the buyer, further trimming what one gets from the sale. Also, the company only operates in ten REI markets, specifically in California and Texas, meaning if you’re beyond these borders, you cannot leverage the Sundae marketplace.

Read Also: How To Find More Cash Buyers For Wholesaling!

Why Use A “We Buy Houses” Company?

Here are some excellent reasons to utilize the services of “we buy homes for cash” companies:

You’ll Sell Your House Fast

While selling a home in the open market has its perks, it may take months to finally sell. In fact, on average, a traditional home sale takes about 60 days to complete. In contrast, the best companies that buy houses for cash take about 24 hours to generate a cash offer and a maximum of two weeks to close on the sale.

Therefore, using the services of a “we buy homes for cash” company significantly saves you time, allowing you to move on to other things, such as buying your next property and, if you’re a wholesaling investor, finding other properties to sell.

A Streamlined Process

House buyers for cash companies are all about turning a profit, and to achieve that, they aim to snag and sell as many properties as they can within a short time. To meet this goal, they usually buy properties as they are. Besides meeting this objective, these companies purchase properties as they are because it allows them to mitigate renovation costs. Most of them have established relationships with renovation contractors that allow them to score lower repair costs thanks to economies of scale.

That means whether your abode needs a new roof or a fresh coat of paint job, they will take it off your hands in its current condition and to further sweeten the deal, write you a cash offer.

Their “buy as is” approach also allows you to sidestep the money, time, and effort you’d otherwise sink into renovations. It also allows you to skip the unavoidable processes in a traditional sale, such as listing, home staging, and open houses. In summary, using the services of “sell my home for cash” companies transforms the conventional property selling ordeal into a streamlined, hassle-free process.

You’re Guaranteed An Offer

Selling a property in the open market makes your deal subject to contingencies that can not only cause delays but potentially halt the sale altogether. For instance, the average buyer in the open market relies on a mortgage to purchase properties. Consequently, if they face challenges in obtaining approval or if the lender encounters processing challenges, the entire sale is delayed.

Alternatively, you may swiftly find an eager buyer, but if the property appraisal is lower than the agreed-upon purchase price, the sale may be delayed or even fall through. Should the sale proceed, there’s the title search phase, where issues like liens or encumbrances might pop up, further stretching out the sale timeline.

Selling to companies that buy houses for cash eliminates all these concerns. Whether your property is in total distress or teetering on the edge of foreclosure, selling it to a cash home buyer means you’re guaranteed an offer, and even better, one that you can close on within 14 days.

It’s Cheaper

Property sellers in the open market typically cover both buyer and seller agent commissions. These commissions can collectively chew up about 6% of the total sale price. Add in closing costs like title insurance, transfer taxes, and escrow fees; you have even more money to deduct from your final sale price.

Opting for a “sell my home for cash” company lets you gracefully skip these costs and keep every penny you make from the sale. This is because not only do these companies eliminate the need for a real estate agent, but they also typically cover closing costs on your behalf, resulting in a cheaper and stress-free sale. You also save the time and effort you’d have to put in to find a qualified realtor.

Read Also: Realtor Vs. Real Estate Agent: Salaries, Differences & Similarities

How Much Will A Cash Buyer Pay For My House?

How much a cash buyer pays for your house depends on the property’s age and condition. It also depends on the type of cash-for-cash-for-homes company that you’re working with. For instance, although the majority of cash-for-home buyers typically pay 50%-70% of a property’s expected after-repair value, minus the repair costs, iBuyers often pay close to the market value because they target homes that are in pristine condition.

Besides the mentioned factors, “we buy a house for cash” enterprises will review the value of comparable property sales in the area to determine the ideal cash offers. Other factors, for instance, location, and the current real estate market conditions also influence the cash offer on a house.

Companies like webuyuglyhouses.com also take into consideration extra factors such as the property type, amenities, expansion potential, and even environmental and market risk ratings. In essence, how much you get from investors and businesses that sell houses for cash depends on multiple factors. However, there are steps you can take to ensure you get the best possible offer, such as:

• Valuing your house beforehand: Taking the time to learn the value of your property before you contact any cash buyers for homes protects you from being played. So, ensure you do some due diligence beforehand. Utilize free value estimators on sites like Zillow and Realtor to determine how much your house is worth, or review comps to see how much similar properties sell for. But for more accuracy, consider a professional home appraisal.
• Compare offers: Don’t settle for the first offer price that comes your way, even while utilizing our list of best companies that buy houses for cash. Instead, obtain offers from multiple companies to choose one that best aligns with your financial goals.
• Ask questions: Most home buyers for cash enterprises offer 70% of your home’s ARV minus repair costs, but some may deduct estimated repair costs from their offer. Ensure you discuss and clarify how your prospects handle repair and renovation costs before you commit to any offer. Also, inquire about any potential fees associated with the sale, such as closing or service fees, so you clearly understand what you’re getting yourself into.

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Read Also: Free ARV Calculator: After Repair Value Estimator

Pros & Cons Of Selling Your House For Cash

Here’s a quick rundown of the perks you’ll enjoy when you engage the services of a cash home buyer:

• Quick closing
• Convenience as no repairs or renovations are required
• You’re guaranteed an offer on your property
• Move-out flexibility
• Privacy especially if you prefer a discreet selling process
• Savings on real estate agent commissions leading to a higher payout

Cons

Some of the downsides of selling your property to these companies include:

• Lowball offers: Cash for homes companies typically offer 70% of a home ARV
• No room for negotiations
• Risk of scams
• Limited market exposure
• Some cash buyers may pressure sellers into making quick decisions especially if the latter is in distress leading to less favorable terms

Final Thoughts

Selling a home in the open market undoubtedly has perks, but it’s a huge hassle. When you sell your home for cash, you can gracefully skip the hassle associated with traditional selling processes such as listing, staging, and vetting multiple buyers. Besides a streamlined process, selling to cash-for-houses entities allows you to bypass real estate agent commissions. Plus, if you’re in a hurry to sell, you can close in as little as seven days.

However, with the many companies in the “sell houses for cash” industry, you must weigh your options. Our list above features some of the most reputable house buyers for cash to ensure that you end up in the best hands regardless of whether you opt for an iBuyer like Opendoor or settle for an investor-matching company like Clever Offers.

While you weigh your options, do sign up for our free training course on wholesaling to uncover valuable secrets of the trade.