How Can I Sell House Fast for Cash in 2023?

Cash-buying businesses operate in a highly competitive sector, and therefore place multiple bids.

If you want to sell your home fast for cash in 2023, you have a variety of choices available to you.

Selling through an agent will take longer, even after paying for the commissions. If you need to close on a house sale within two weeks or are trying to sell a foreclosed/distressed property, then cash home buyers are an ideal option for you.

Reviews – Companies that Help You Sell Your House Fast for Cash

1. Houzeo.com

🥇 BEST OVERALL
  • Listing Fee: $199 to $399
  • Available nationwide
  • Listings Featured on Houzeo App

Houzeo is one of the most advanced real estate platforms available in the market today. The platform provides the sellers to opt for Flat Fee MLS or FSBO to sell their property. Houzeo is considered to be one of the best For Sale By Owner websites due to the exclusive features and cost-effective packages it provides to sell homes.

The website is 100% online. With Houzeo, a seller can save on the realtor commission (at least 3%) following a flat fee MLS structure.

Being one of the best for sale by owner websites, Houzeo does not bargain on quality when selling houses. Features like house showings, digital signature, inclusive agreements, yard signs, lockboxes, and in-depth information make life comfortable for the seller.

Your listing is posted on MLS and is also syndicated to websites like Realtor.com, Zillow, Redfin, and many more. You can rest assured of 5-star customer service in case you need help at any time.

✅ Known For: Zero hidden fees, MLS exposure, 100% automated process, Listing within 8 business hours with Houzeo Concierge, Buyer leads directly shared with the seller, Counteroffer feature, and Affordable full-service packages

»LIST NOW: Start your free listing on Houzeo.com today!

Pros

  • Covers most of the states in the US
  • Best Flat Fee MLS provider
  • MLS listing plus syndication on popular websites like Zillow, Realtor.com, and more
  • 100% automated and online presence
  • Mobile app to access the platform on the go
  • Great features at reasonable rates
  • Advanced Technology


»Explore: 6 Reasons Why Houzeo is the Best Flat Fee MLS Service

Houzeo has a 4.9 out of 5 rating (1,100+ total reviews) on popular review sites

Houzeo is available in 80+ U.S. markets, giving it near-nationwide coverage.

2. Opendoor

BIGGEST iBUYER
  • Service Fee: 5%
  • Closes in 10-60 days
  • ⭐⭐⭐⭐

Headquartered in San Francisco, Opendoor is an online company that buys and sells residential real estate. They make instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale.

  1. Fees: 5% of the Final Cash Offer
  2. Offer: 90% to 100% of FMV (Fair Market Value)
  3. Purchases: They make only selective choices
  4. Offer Terms: They give non-negotiable indicative cash offer within 24 business hours
  5. Coverage: They are available only in 21 states

Key Take: They are experienced sellers wanting to sell desirable properties.

  • Seamless registration and selling process
  • Instant all cash offer
  • Best for experienced sellers
  • The repair cost breakdown isn’t disclosed in the offer

Opendoor is rated 4.4/ 5  (out of 2,614 reviews) on Reviews.

Opendoor is available in 47 major markets across 21 states.

3. Offerpad

RELIABLE CASH OFFER
  • 5% Service Fees
  • Close in 10 days
  • ⭐⭐⭐⭐⭐

Found in 2017, Offerpad has made a name in the short time it has been in business. Popular for its fast closing, they also have a patented evaluation tool that generates an initial offer price.

  1. Fees: 5% Service Fees
  2. Offer: 70% to 90% of FMV (Fair Market Value)
  3. Purchases: They prefer desirable neighborhood and, properties with minimal damage
  4. Offer Terms: They have inflexible terms, the offer might change after home inspection
  5. Coverage: They are available only in 16 states

Key Take: They do not include home repair cost and seller closing costs but if you want to sell quickly, they are ideal for you.

  • Close in 10 days
  • No repairs or cleaning required
  • Only 1% cancellation fees if backing out after acceptance
  • House-sellers have long term stay option

Offerpad has a 4.6 out of 5 stars rating on TrustPilot.

Offerpad is available in 16 states.

4. We Buy Ugly Houses

EXTENSIVE COVERAGE
  • Service Fee: None
  • Close in 7-60 days
  • ⭐⭐⭐

“We Buy Ugly Houses” is a cash home buyer that been in the business for the last 25 years. So its business model, prestige, and process of buying homes for cash are well established. They typically focus on distressed properties.

  1. Fees: None
  2. Offer: 50% to 70% of FMV (Fair Market Value)
  3. Purchases: They buy distressed properties ,i.e., with structural issues, couples going through a divorce, bad mortgage financing, inherited houses, difficult-to-sell neighborhoods, etc
  4. Offer Terms: They give indicative offers in 24 hours
  5. Coverage: They are available nationwide

Key Take:  They have representatives who will evaluate your home based on local market sales and housing trends, and an offer will be made for your house. If you are looking to sell an extremely distressed property, these guys are the one for you.

  • Get an offer in 24 to 48 hours
  • Close in as little as three weeks
  • No need to prep the home for listing or worry about repairs
  • Quality of service varies between franchises

We Buy Ugly Houses has 2.5 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

CASH HOME BUYER
  • Service Fee: None
  • Closes in 3 weeks
  • No credible reviews.

Known to buy properties as-is and in any condition, We Buy Houses is more of a local real estate investor. It is more like a network than a single investor. Thus the option of multiple offers are available for home sellers.

  1. Fees: None
  2. Offer: 50% to 70% of FMV (Fair Market Value)
  3. Purchases: They buy all sorts of distressed properties, any condition, reason or locality
  4. Offer Terms: They have inflexible terms
  5. Coverage: They are available in almost all the states and major cities

Key Take: They operate as franchises with local investors, each one different based on the location. Though available everywhere, they have no credible reviews.

  • Offer within 2 days
  • Close in as little as a week
  • The preliminary offer usually stays same till the end
  • Investors who evaluate your house offer full cash

We Buy Houses have no credible reviews.

We Buy Houses have coverage over 49 states.

Detailed Comparison of all Options

Flat Fee Multiple Listing Services

Listing on the MLS has four significant advantages that drastically reduce the time it takes to sell your house:

  • The MLS is the easiest way to post your house for sale, and it also syndicates your listing to reputable real estate portals like Zillow, Realtor.com, etc.
  • All real estate agents, cash house buyers, and iBuyers are informed of your offers and listing.
  • All bids are reasonable & easy to negotiate.
  • There are no service or commission fees attached.

iBuyers/Instant Buyers

iBuyers have levelled the playing field for the immediate buyers with their full cash offers and cutting-edge platforms. Within a few days, you can complete the transaction after receiving an immediate cash offer that is often fair.

Due to their limited coverage, iBuyers does not accept all homeowners.

Home Trade-in Services

If you think you won’t be approved for a mortgage loan and need immediate cash before buying your next home, a home trade-in service will be helpful.

You can get the cash you need to move into your new house, from home trade-in businesses like Knock and Flyhomes. The financial situation is resolved when the old house sells.

Cash Home Buyer Companies

You might contact “we buy houses for cash” firms if your house needs work but you don’t want to spend money on repairs or closing costs. These businesses enable you to sell your house quickly for cash and make instant cash offers.

Only 50% to 70% of the fair market value of your home will be covered by their cash offer.

An investor can pay $70,000 for a house with a market value of $150,000.

Sell My House Fast for Cash Near Me

RegionsStates/CitiesSell House Fast for Cash
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