Best Companies That Buy Houses for Cash (2023 Updates)

Let’s Start with the Basics:

Significant changes are being made in the American real estate sector. With borrowing rates at historically high levels, more homeowners are choosing to sell their homes to investors for cash. In October 2022, nearly 32% of Americans made cash sales of their homes.

Not all cash home purchasers, though, are the same. Some might provide up to 100% of the home’s fair market value, while others only provide 50%. Fees can also differ significantly. To assist you in swiftly selling your property for cash, our company has evaluated the best cash home buyers platform.

The 4 main categories of cash buyers are the “Buy houses for Cash,” some Real estate investors, Ibuyers platform, and finally, if you list your home on the MLS. Let’s examine them more in detail below:

Buy Houses for Cash:

Companies that “Buy Houses for Cash“: These local businesses typically offer 50% to 70% of the fair market value of the property. They do not charge service or closing fees and buy both rental and distressed properties. This type of cash home buyer is an excellent option for those seeking a quick sale without the hassles of traditional real estate transactions. However, to ensure you receive a fair offer, research and compare multiple “We Buy Houses for Cash” companies.

Real Estate Investors:

Real estate investors are individuals or businesses who purchase properties to resell them. They may offer a higher price for your home, but the amount will be determined by their investment strategy and the property’s condition. Real estate investors typically close quickly and may purchase distressed homes, making them an excellent choice for those needing a quick sale.

iBuyers:

iBuyers are businesses that use technology to submit immediate offers on properties. The estimated offer from iBuyers in 2023 ranges from 70% to 80% of the home’s fair market value. They could, however, charge substantial service costs, and they rarely buy foreclosed homes. Homeowners can sell their houses quickly and conveniently with the help of iBuyers, but it’s vital to keep in mind that they might not always provide the best price.

For sale by owner Flat Fee MLS:

Finally, listing your home on the MLS, or Multiple Listing Services, allows you to reach a larger audience of potential buyers. As buyers compete for your property, this option may result in a higher sale price. Companies like Opendoor and HomeVestors have made cash offers on homes listed on the MLS via beycome.com. Listing on the MLS, on the other hand, typically involves a longer selling process and may necessitate repairs or renovations to make your home more appealing to buyers.

MLS offers a more affordable alternative to full-service real estate agents and a better value for your home. They charge a set fee for their services, regardless of the final sale price of the property. This means that homeowners can save money on commission fees. However, they may need to handle more work, such as showings and negotiations.

💵Best Companies That Buy Houses for Cash

We buy Ugly house

“We Buy Ugly Houses” is a unique real estate firm that buys homes that require repairs or renovations. They aim to make the selling process quick and stress-free for homeowners. Instead of going through the traditional listing process or spending money on repairs, “We Buy Ugly Houses” offers a simple solution by providing a cash offer.

In conclusion, if you’re looking for a fast and convenient way to sell your home, “We Buy Ugly Houses” could be a good choice. However, it’s super essential to carefully research the company and the terms of their offer to make sure you’re getting the best value for your property.

Sundae

Sundae is a new marketplace – it’s an excellent and innovative solution for homeowners facing distress. Sundae’s unique approach pairs homeowners of properties needing love and attention with savvy investors eager to breathe new life into them. The result is a win-win scenario where everyone comes out ahead.

Compared to other cash buyer companies, Sundae stands out for its innovative and cool business model.
With a focus on providing sellers with the best chance for a high off-market offer, Sundae is shaking up the traditional real estate game.

We Buy Houses

Working with “We Buy Houses” is likely to result in a better experience than working with an individual real estate investor in your area. “We Buy Houses” carefully selects their investors and grants them a special license to operate within their designated area, providing an added motivation for these investors to perform well and maintain their competitive edge and for you to receive better offer.

Although “We Buy Houses” does not dictate the amounts that their investors offer, they do hold the authority to revoke licenses if the investors fail to uphold their ethical standards to protect the seller.

💰 Best Real estate cash investors solution:

HomeVestors:

“HomeVestors” is the parent company behind “We Buy Ugly Houses”, is a national brand that operates through independently owned local franchises. They offer a fast process, with the potential to provide an initial offer within two days and close the sale in as little as three weeks. However, it’s important to note that the cash offer received by the seller may be as low as 55% of the estimated value of the home after repairs, taking into account any expected repair costs.

I Buy Houses

“I Buy Houses” is a platform that connects home sellers with a network of individual real estate investors (subscribers of the platform).
However, unlike other Investors’ real estate solutions, these investors are not thoroughly vetted, so it can be a challenge to anticipate the level of service you will receive.
The negotiations will be entirely up to you… and there’s absolutely no guarantee that anyone will even reach out to you after you submit your information.

🏠Our top ibuyers Platform:

How much do companies that buy houses for cash typically pay?

💡What type of homes qualifies for most iBuyers?

iBuyers, such as Opendoor and Offerpad, typically have specific criteria for the homes they purchase for cash. These requirements include:

Single-family homes, townhouses, duplexes, and condominiums
Typically, the houses must have been built after 1950
Usually, a maximum lot size of 1-2 acres, depending on the local market
Value: Homes must generally have a value between $60,000 and $500,000, although this can vary in some markets and reach as high as $1.4 million
The homes must be owner-occupied
It’s important to note that iBuyers may make exceptions in specific markets, so it’s best to reach out to an iBuyer in your local area for more information on their specific requirements.

🔍Are companies that buy houses for cash legitimate?

Of course, they are! these types of companies are legitimate and operate legally across the country. They can provide a quick and convenient solution for those looking to sell their home quickly for cash. However, it is important to exercise caution when working with these companies. Always research and check customer reviews before making a decision, and never pay any money upfront for a cash offer on your property. Make sure to thoroughly review the company’s operations and any real estate contracts before proceeding.

💰Cash Home buying platforms vs. Flat Fee vs Traditional sales

When selling a house, homeowners have several options to consider. They can choose to sell their property through a cash home buying platform, work with a flat fee real estate agent, or go the traditional route and hire a full-service real estate agent. Let’s take a closer look at each option and compare them.

Cash Home Buying Platforms:

These platforms are designed for homeowners who need to sell their property quickly and with minimal hassle. The process is straightforward – the homeowner contacts the cash home-buying platform, provides some basic information about the property and receives a cash offer within a few days. If they accept the offer, the platform will purchase the property and close the sale within a few weeks. The advantages of this approach are speed, convenience, and the ability to sell a property in as-is condition.

Traditional Agent Sales:

The traditional home selling approach involves hiring a full-service real estate agent to handle all aspects of the sale. The agent will guide pricing, marketing, staging, and negotiations. The homeowner will pay a commission fee to the agent, typically around 6% of the final sale price. The advantage of this approach is that the homeowner can receive professional assistance throughout the selling process. However, it can be more expensive than other options, and the process can take longer.

For Sale Byowner Flat Fee MLS:

MLS offers a more affordable alternative to full-service real estate agents and a better value for your home. They charge a set fee for their services, regardless of the final sale price of the property. This means that homeowners can save money on commission fees. However, they may need to handle more work, such as showings and negotiations.

In summary, cash home buying platforms offer speed and convenience but for less money; traditional sales offer comprehensive professional assistance but at a higher cost, and a flat fee MLS offers affordability and professional guidance.

Ultimately, the right approach will depend on the homeowner’s needs and priorities.

🧡Our top Flat Fee MLS websites:

1. beycome
2. HomeCoin
3. Flatfee.com

beycome ⭐⭐⭐⭐⭐

At Beycome, we firmly believe that property owners are the most suitable representatives for their real estate. To that end, we have developed a user-friendly digital platform that allows individuals to act as their own agents, enabling them to buy or sell a home and navigate the associated processes without incurring commission fees.

Our advanced technology, combined with valuable input from our users, allows us to boast a successful property closure through our platform every 40 minutes. Additionally, Beycome offers a 90-day guarantee for those who do not close on a property, go under contract, or receive at least two legitimate offers.

Furthermore, we support our clients through the sale and purchase process by offering a 2/3 rebate on traditional buyer commission ( on average, 2% of the closing price) back where it belongs: in your pocket. 

For a $99 flat fee, beycome offers:

• Listing the property on the local MLS
• Unlimited pictures
• Unlimited support
• Your listing is Active until you close or if you decide to cancel
• All inquiries & leads directly forwarded to you
• Free open house scheduler
• Free unlimited updates and changes
• Free virtual tour
• No cancellation* or Hidden Fees
• Free Access to all legal forms & Disclosures
• Marketing Material
• 90-day money-back guarantee unless you close, are under contract, or receive at least 2 legitimate offers*.
• Title Option for $199**
• Professional photographer in option for $189
• and so much more

*Except Georgia MLS: This MLS requests a mandatory $25 cancelation fee. **Florida, Texas, and Georgia  

---

---

🧡Homecoin reviews:⭐⭐⭐⭐⭐

Homecoin operates similarly to other flat-fee MLS services, where individuals can select the services they desire, make an initial payment of $95, and have their property listed on the Multiple Listing Service (MLS).

However, Homecoin differentiates itself by providing clients with the ability to edit their MLS listing through the use of online tools, including the option to list their property directly from their mobile device.

The company places a significant emphasis on its software, ensuring that clients have complete access and up to 10 complimentary changes to their listings.

Additionally, Homecoin also offers a variety of additional services, such as comparable sales reports for free, lockbox rental for $125, photography for $219, signage for $69, flyers, an open house kit ( not available in Florida), an FSBO listing, and assistance with all forms and paperwork for an additional fee of $450 to $2999.

⚡Homecoin vs. beycome⚡

Flat Fee MLS Service	homecoin	beycome Basic
Price	$95	$99
MLS Access	✅	✅
100% Online	✅	✅
Listing period	12 months	Unlimited
Listing Update ( per change)	10 free	Unlimited & Free
Offers Directly to You	✅	✅
Offer Management	✅	✅
Number of pictures allowed	Maximum Allowed	Maximum Allowed
Professional Pictures	✅Optional $219	✅Optional $189
Flyers +  yard signage+ Open house	✅Optional $69	✅Free
Federal and States Disclosures	✅	✅
Showing Calendar	❌	✅
Open houses Kit	❌	✅
Lockbox	✅$125 rental	✅$29 buy
Offers platform	✅	✅
Minimum Commission due	$1	$1

Homecoin cover listing in California, Florida, Georgia, Michigan, Missouri, New York, North Carolina, South Carolina, Tennessee, Virginia, and Wisconsin.

---

🧡FlatFee.com Reviews:⭐⭐⭐⭐⭐

Flatfee.com is a very reputable and trusted discount brokerage services company, one of the historical market ( and maybe the inventor of this listing process) since 1999! if the company is not focused on technology, they offer sincere and quality services to help owners sell and rent their homes.

🧡flatfee offers listings of commercial properties.

🏠They offer 4 packages:

• $95: 6 months, 6 pictures
• $125:6 months, 12 pictures
• $145:6 months, 24 pictures
• $175:6 months, 24 pictures

⚡Flatfee vs. beycome⚡

Flat Fee MLS Service	Flatfee	beycome Basic
Price	$175	$99
MLS Access	✅	✅
100% Online	✅	✅
Listing period	6 months	Unlimited
Listing Update	Unlimited & Free	Unlimited & Free
Offers Directly to You	✅	✅
Offer Management	✅	✅
Number of pictures allowed	24	Maximum Allowed
Professional Pictures	❌	✅Optional $189
Flyers +  yard signage+ Open house	❌	✅Free
Federal and States Disclosures	❌	✅
Showing Calendar	❌	✅
Open houses Kit	❌	✅
Lockbox	❌	✅$29
Cancellation Fee	$25	$0
Offers platform	✅	✅
Minimum Commission due	$1	$1

Flatfee.com cover listing in Florida and Alabama

ListwithClever reviews:⭐

Clever Real Estate is not a pure flat Fee company. Clever Real Estate is a national brokerage that pairs agents with consumers looking to buy or sell a home. Clever is a no-obligation service with no upfront costs* or hidden fees* for the users;

They essentially serve as a referral fee company, connecting home buyers and sellers to agents on their portfolios.  The company asserts that it connects prospective home buyers and sellers with its network of “Top local real estate agents” while offering discounted commission rates.

Specifically, listtwithClever offers a flat commission rate of 1.5% on listings of homes valued at over $200,000 with a minimum fee of $3,000.

Source Copyright Houzeo.com, Jan 23, 2023.

Additionally, the company extends commission rebates to home buyers, “Get Clever Cash Back™,” with the rebate amount being $250 or $500 if you sell and buy with them.

Houzeo reviews:⭐⭐⭐

Houzeo is another online platform that offers flat fee MLS listing services for homeowners. Houzeo provides a user-friendly dashboard to access information and get your home listed on popular websites such as Zillow, Trulia, and Realtor.com.

● They do not provide additional services such as marketing, title services, insurance, or lender support.

● The real estate forms are only available in their highest tier package, which costs $999+.

Houzeo is a nationwide listing company.

⚡Houzeo vs. beycome⚡

Flat Fee MLS Service	Houzeo Bronze	beycome Basic
Price	$299	$99
MLS Access	✅	✅
100% Online	✅	✅
Listing period	3 months	Unlimited
Listing Update ( per change)	$25	Unlimited & Free
Offers Directly to You	✅	✅
Offer Management	❌	✅
Number of pictures allowed	6	Maximum Allowed
Professional Pictures + Drone	❌	✅Optional $189
Flyers +  yard signage+ Open house	❌	✅
Federal and States Disclosures	❌	✅
Showing Calendar	❌	✅
Open houses	❌	✅
Virtual Full-Service with a Licensed Broker	❌	✅
Offers platform	❌	✅
Minimum Commission due	1%	$1

beycome.com is not affiliated with Houzeo in any way.