Top 10 Companies That Buy Houses for Cash in 2025

Written by Jared LindstromNovember 28th, 202416 minute read

Jump links: Best for | Top companies | FAQ

When you need to sell your house but don’t want to deal with listing on the open market, you can sidestep many of the headaches associated with selling your house by using a cash-buying company:

  • Cash buyers simplify the selling process by making an offer right away.
  • Sell without worrying about repairs, staging, showings, or contingencies.
  • Eliminate paying realtor fees and closing costs in many cases.

Choosing a cash buyer comes with potential downsides, though. Cash buying companies work like real estate investors, meaning they often flip your home for a profit after paying cash. In many cases:

  • You won’t get full market value for your home. (Typical offers are 70-80% of after-repair value, or ARV)
  • The buyer’s offer might change after home inspections.
  • You may sell for less than you expected because of hidden fees.

Because of the risks associated with cash buyers, it’s crucial to consult a local real estate professional before selling your house for cash.

Working with a local agent will help you understand your home’s market value, provide market insights, and help you compare investors in your area. If you use a platform like Clever, which pre-negotiates a 1.5% agent commission for you, then you’ll likely save money and sell for more than you would get in a cash sale. Take this short quiz to get matched with local agents today!

Who should use a cash home buyer?

Cash home buyers offer convenience and an expedited selling process in exchange for profit — a trade-off everyone shouldn’t make.

Even though you won’t make as much money, you may want to use a cash-buying company to sell your home if you:

  • Prioritize convenience over making the most profit
  • Are selling a second home or an inherited home
  • Have a tight timeline and need a quick turnaround on your sale
  • Want to sell your home as-is without making repairs

However, you should steer clear of selling with a cash buyer if you:

  • Want to maximize the profit on your home sale
  • Have flexibility around your home sale timing
  • Don’t need to make significant repairs before selling
  • Live in a desirable area where your home is likely to sell quickly

How much do cash buyers pay for houses?

Real estate investors and cash buyers typically offer around 70-80% of your home’s after-repair value (the amount your house will sell for after they make repairs).

So if your home’s fair market value is $300,000 and it needs $50,000 in repairs, a cash buyer would only offer 70-80% of $250,000, or $150,000-200,000.

Selling on the open market with a traditional agent allows you to capture the full market value of your home, minus agent commission and closing costs. If your home’s fair market value is $300,000 and it sells for that amount, you’ll end up spending about 6% of that ($18,000) on agent commissions.

If you’re concerned about the cost of working with a real estate agent, you can keep transaction costs down by working with a low-commission realtor. Most low-commission real estate brokers provide full-service listings at around 1.5-2% realtor fees, compared to the national average of 2.5-3%, saving you thousands of dollars while helping you sell your home for top dollar.

Best companies that buy houses for cash

Company
Rating*
Service type
Time to close
Best for
5.0 (3,000+ reviews)
National cash offer network
Varies
Multiple offers from vetted investors
4.8/5 (800+ reviews)
Home trade-in
Varies
Leveraging equity to move before selling
4.6 (2,400+ reviews)
Franchise cash buyer
3 weeks+
Hard-to-sell homes
4.6 (300+ reviews)
Franchise cash buyer
7-14 days+
Fast sales with professional service
4.5/5 (1,500+ reviews)
National cash offer network
10-30 days+
Compare cash offers vs. open market
4.5/5 (700+ reviews)
Auction-style marketplace
10-60 days
Home auctions in CA & TX
4.4 (600+ reviews)
Regional cash buyer
3 weeks+
Fair cash offers on the East Coast
4.3/5 (800+ reviews)
Home trade-in
14-120 days
Equity advance for upsizing/downsizing
4.2/5 (4,000+ reviews)
iBuyer
14-60 days
Hassle-free sales with flexible closing
3.9/5 (2,500+ reviews)
iBuyer
8-90 days
Flexible options with selling perks
*Companies sorted by overall customer review rating. These ratings are accurate as of November 2024.

Clever Offers

Customer rating: 5/5 (3,000+ reviews)
Service fees: None
Time to close: Varies

Clever Offers summary

Clever Offers helps you find the best cash deal on your home by matching you with multiple real estate investors. The platform also pairs you with a low-commission real estate agent to help you compare your home’s market value to cash offers.

When you choose Clever Offers, you connect with local and national buyers, iBuyers, and real estate agents with experience selling as-is properties. The range of options helps you find the best deal.

You can make an informed decision about which cash buyer is best for you and have no pressure to accept a deal through the platform.

Pros and cons

Pros

✅ Get multiple competing cash offers

✅ Connect with a realtor to learn fair-market value

✅ No pressure to accept an offer

✅ Compare offers from various types of buyers

Cons

❌ Some deals have longer timelines than other buyers

❌ Cash offers are often below market value

❌ Legal review of contracts is recommended

How it works

  1. Request an offer on Clever’s site or call the team
  2. Talk to the Clever Offers team to give them more details
  3. Connect with cash buyers in your area
  4. Review your offers
  5. Choose to accept an offer or walk away

Eligibility

Almost any property is eligible because Clever works with various real estate investors.

Best for

Homeowners who want to explore their selling options so they can make an informed decision and find a great deal that meets their needs.

Knock

Customer rating: 4.8/5 (800+ reviews)
Service fees: 2.25% + $1,850 loan fee
Time to close: Varies

Knock summary

Knock’s bridge loan model lets customers borrow against their current home’s equity to make a non-contingent offer on a new house before selling.

Bridge loans cover your new home’s down payment, moving expenses, costs to prep your current home for sale, and ongoing mortgage payments until the house sells. You can also access up to $35,000 to make home improvements before listing.

Knock builds a cash-offer safety net into your current home’s listing that’s worth around 80% of market value. You can accept the offer if the house doesn’t sell in 6 months. Learn more in our full Knock review.

Pros and cons

Pros

✅ Buy a new home before you sell

✅ Make top dollar on the open market

✅ Finance home improvements

✅ Cash-offer safety net available

“The bridge loan option with Knock allowed us … to get the house we wanted before selling our existing home. … ****** ******** with Knock was easily available with a knowledgeable answer and a friendly voice. A winning combo.” - Victoria H., Trustpilot

Cons

❌ Cash offers are only 80% of market value

❌ Sellers need significant equity to qualify

❌ Service fee is 2.25% of the sale price

How it works

  1. Submit your info for a bridge loan pre-approval (loan estimates typically take around 48 hours).
  2. Agree to Knock’s terms to receive your interest-free bridge loan funding.
  3. Use your bridge loan to cover a down payment, repairs, and mortgage payments.
  4. Sell your old home within 6 months or choose to accept a cash offer after the 6-month listing period.

Eligibility

You may be eligible for a Knock Bridge Loan if you:

  • Have decent credit and equity in your current home
  • Own a single-family home, townhome, or condo in good condition
  • Built no unpermitted additions
  • Want a maximum list price of $1.2 million ($2 million in higher-priced markets)>

Manufactured/mobile homes, multi-family, or age-restricted properties do not qualify.

Best for

Someone with decent equity in their current property who wants to make a more attractive offer on a new home.

WeBuyUglyHouses.com

Customer rating: 4.6/5 (2,400+ reviews)
Service fees: None
Time to close: 3 weeks+

We Buy Ugly Houses / Homevestors summary

We Buy Ugly Houses / Homevestors is a nationwide cash-buying franchise that buys homes other investors won’t. It doesn’t matter if you have a home needing major repairs, are in financial distress, or just want a quick sale — the cash buyer is ready to make an offer.

Since We Buy Ugly Houses runs on a franchise model, the service quality can vary by location. Many franchises garner outstanding customer reviews, but recent investigations revealed that some franchise owners use questionable sales tactics to purchase homes.

The nationwide availability makes We Buy Ugly Houses an option if you have limited selling options. Still, it’s best to check out a few other cash buyers before deciding which one to use.

Pros and cons

Pros

✅ Receive an offer in 1-2 days

✅ Simple application process

✅ Buys homes in any condition

✅ Well-reviewed in most locations

“Quite literally the best experience ever! From beginning to end, everything went smoothly and those involved with the [sale] and closing were incredibly kind. This is likely one of the best things we've ever done! I couldn't recommend any higher!” - Dee G., BBB

Cons

❌ Closing takes longer than other cash buyers

❌ Some franchises under scrutiny for sales tactics

❌ Offers often well below fair market value

“Was offered less than what we paid for and the rep. **** ********** was rude and only took photos of negative aspects. Most of what he complained about was already fixed. Lowballed to the extreme. Was definitely a waste of my time.” - Lawrence W., BBB

How it works

  1. Book a no-obligation home assessment online
  2. Confirm details with a representative to schedule a walkthrough
  3. Receive a cash offer after the walkthrough is complete
  4. Accept the cash offer and close in as few as three weeks

Eligibility

We Buy Ugly Houses purchases homes in nearly any condition, including:

  • Inherited or second homes
  • Properties in disrepair
  • Short sales
  • Homes in flood plains or with foundation issues
  • Houses in financial distress

Mobile homes typically will not qualify.

Best for

Sellers with limited options who want out of their homes quickly.

We Buy Houses

Customer rating: 4.6 (300+ reviews)
Service fees: None
Time to close: 7-14 days+

We Buy Houses summary

We Buy Houses offers homeowners the chance for a rapid sale without worrying about repairs or listing on the open market.

The company operates on a franchise model, with investors acting independently. Since each location is an independent entity, service quality can vary by location.

The cash buyer maintains a solid reputation with customers in general and offers quality service compared to some competitors.

Pros and cons

Pros

✅ Quick closing timeline

✅ Most properties qualify

✅ Flexible terms often available

✅ Honest and transparent investors

“I had a great experience with this business. The process was simple and I received a fair offer for the estate home I was selling. I absolutely recommend We Buy Houses if you need to sell a house.” - Angela S., Google

Cons

❌ Buying strategies vary by franchise

❌ Service may be better in some areas

❌ Offers are less than the open market

“Cold called me and gave a lowball offer, 35-40% lower than market value for local comps. I would not sell for the price they offered even if I was desperate or in a hurry to move.” - Kaleb A., Google

How it works

  1. Enter basic property info online
  2. Arrange a walkthrough appointment
  3. Receive a no-obligation cash offer
  4. Choose to close quickly or walk away

Eligibility

We Buy Houses accepts properties on nearly any property, including homes that are:

  • Facing foreclosure
  • Needing significant repairs
  • Vacant or occupied by renters

Mobile homes typically do not qualify.

Best for

Homeowners who want a quick sale facilitated by experienced real estate investors.

HomeLight

Customer rating: 4.5/5 (1,500+ reviews)
Service fees: None
Time to close: 10-30+ days

HomeLight summary

HomeLight lets customers choose between two selling options — listing with a realtor or a cash offer.

As a nationwide cash-buying network, HomeLight helps you compare offers from multiple cash buyers and realtors in your area. Cash offers close in as little as 10-30 days.

Working with HomeLight may not land you a cash deal, and many customers state they worked with a suggested agent rather than a cash buyer. Learn more in our full HomeLight review.

Pros and cons

Pros

✅ Compare cash buyers and realtors

✅ Close in 10-30 days

✅ No service fee

✅ Intuitive seller dashboard

“I'm very satisfied with HomeLight services. They were flexible and enthusiastic about my needs. The realtor that I was connected to through this agency went above and beyond in facilitating the sale.” - Bri K., Sitejabber

Cons

❌ Matched agents charge full commission

❌ Limited cash buyers available

❌ Not guaranteed a quality agent

“Give them a call if you want countless unknown relators to call. … I was assured there would be A listing and A cash offer person calling - two different people. My phone has not stopped ringing in the past 6 business hours.” - Steve B., Google

How it works

  1. Visit the Simple Sale page and fill out the online form
  2. Connect with a member of HomeLight’s cash-buying network (or a realtor)
  3. Receive a cash offer for your home
  4. Close in as few as 10 days with a flexible moving date

Eligibility

All properties are eligible for HomeLight’s services.

Best for

Someone who wants to compare multiple offers and select the best agent or cash buyer for their needs.

Sundae

Customer rating: 4.5/5 (700+ reviews)
Service fees: None
Time to close: 10-60 days

Sundae summary

Sundae’s listing marketplace drives competition between real estate investors to get sellers the best deal for your property.

Working with Sundae allows sellers to compare multiple investor offers to choose the highest off-market price possible. Sellers are not obligated to accept cash offers and can close in ten days after accepting an offer.

One drawback of Sundae is the limited service area — the platform is only available to California and Texas customers.

Pros and cons

Pros

✅ Multiple bids secure a higher sale price

✅ $10,000 cash advance for qualified sellers

✅ Quick closing after accepting an offer

✅ Flexibility to choose between multiple investors

“We didn’t have to worry about showing the house to potential buyers or making updates. This was huge for us because the house had been in the family for almost 50 years and needed quite a bit of upgrading.” Shelli S., BBB

Cons

❌ Limited service area

❌ Offers are often below market value

❌ Bidding process can delay sales

“If you have a nicer home that requires little to no work to be move in ready don't even bother! This site is for people with fixer uppers mainly and if you are extremely lucky you might get a "decent" offer that isn't insulting.” Adrian A., Google

How it works

  1. Fill out an online form or speak with a local expert
  2. Let Sundae create an auction listing for you
  3. Review offers within a few days
  4. Sell as-is and choose between a 10-60 day closing date

Eligibility

Your home may be a good fit for Sundae’s services if it:

  • Hasn’t been remodeled in the last 10 years
  • Requires substantial repairs
  • Contains materials that aren’t up to code or are unhealthy
  • Needs $20,000-50,000 in repairs

Best for

Homeowners in California or Texas who want a cash offer without doing the legwork to consult with multiple investors.

MarketPro Homebuyers

Customer rating: 4.4 (600+ reviews)
Service fees: None
Time to close: 3 weeks+

MarketPro summary

MarketPro is an East Coast-based cash buyer that gives sellers same-day offers, transparent pricing, and flexible closing options. The buyer also offers perks like help with packing and moving.

You can apply for an offer through MarketPro with a virtual or in-person walkthrough. The cash buyer also breaks down its offer to show you how it compares with your home’s potential listing price.

Customers are generally pleased with MarketPro’s services, praising the company’s experienced team and efficient selling process.

Pros and cons

Pros

✅ Same-day cash offers available

✅ Close in as few as 3 weeks

✅ Knowledgeable team and transparent deals

✅ Complimentary packing and moving assistance

“MarketPro made selling my home easy. I … needed the process of selling my home to be as stress-free as possible. I was able to sell quickly as-is. The offer met my expectations.” Anne K., Google

Cons

❌ Only available on the East Coast

❌ Below-market-value offers

❌ Offers can change quickly

“They gave me a quote of half what my home was valued. After asking the agent to leave, he made a quick call to his boss and raised his offer 30% in less than 5 minutes. … Contacted another company who gave me 30% over Marketpro's last offer.” David E., Google

How it works

  1. Submit your info online or over the phone
  2. Complete an in-person or virtual home visit
  3. Sign MarketPro’s contract and set a closing date
  4. Move with the free packing and moving assistance

Eligibility

MarketPro typically buys homes in any condition, including:

  • Dated or distressed houses
  • Inherited homes or houses with power of attorney issues
  • Rental properties with current tenants
  • Homes in probate

Best for

Sellers who want a quick, transparent sale with added perks like moving assistance.

Orchard

Customer rating: 4.3/5 (800+ reviews)
Service fees: 1.9% + 6% brokerage fee
Time to close: 14-120 days

Orchard summary

Orchard allows you to sell your home on the open market with the security of a back-pocket cash deal.

The iBuyer’s flagship Move First program lets homeowners borrow against their current equity to make a non-contingent offer on a new home. Orchard then lists your old house, and you receive the remaining profits after fees. If it doesn’t sell in four months, you’ll sell to Orchard for an agreed-upon cash offer.

While it sounds like a great deal, Orchard’s services come at a premium. The iBuyer charges a 1.9% service fee plus around 6% in brokerage fees. Learn more in our full Orchard review.

Pros and cons

Pros

✅ Buy a new home before selling

✅ Make a non-contingent offer

✅ Sell your home at full market value

✅ Available cash offer

“Orchard relieved a lot of the stress with buying and selling a home. The greatest part was getting the equity advance which enabled us to purchase another home while our home was on the market. Our home sold above the initial offer and we received additional proceeds at closing.” - L. Small, Trustpilot

Cons

❌ 1.9% service fee + 6% brokerage fees

❌ Cash backup offer is below market value

❌ Must use an Orchard realtor

“On paper it seems like a good deal - getting them to sell your home, and have a guaranteed buy offer in case the home does not sell. … Too good to be true? In my experience it was. Their guaranteed offer for the house if it did not sell was 15% lower than the price they suggested to list the house at.” - Rahul C., Trustpilot

How it works

  1. Complete a home assessment by submitting info about your home
  2. Access your home’s equity through an interest-free loan
  3. Make a non-contingent offer on your new home
  4. Move into your new home while Orchard preps your old home for sale
  5. Sell your old home through an Orchard agent and receive the extra profit

Eligibility

To qualify for Orchard’s Move First program, you must:

  • Own a single-family home built after 1920
  • Have a home valued between $200,000-1 million ($1.5 million in some markets)
  • Own a condo worth $200,000-750,000
  • Live in Atlanta, GA; Austin, TX; Dallas-Fort Worth, TX; Denver, CO; Houston, TX; San Antonio, TX

Best for

Homeowners in Orchard’s service area who need extra money to put down on a new home before selling their old property.

Opendoor

Customer rating: 4.2/5 (4,000+ reviews)
Service fees: 5%
Time to close: 14-60 days

Opendoor summary

Opendoor offers customers a hassle-free way to sell their homes for cash at a competitive price.

Sellers receive an initial offer within 24-48 hours and can choose a flexible closing date without worrying about getting their home market-ready. The iBuyer also pays closer to market value than other real estate investors.

Opendoor does charge a 5% service fee (around the price of selling with a realtor) and has stricter purchase criteria than other cash buyers. Learn more in our full Opendoor review.

Pros and cons

Pros

✅ Quick selling time frame

✅ Flexible closing dates

✅ Online selling process

✅ No home showings

“Opendoor made it very easy to show my home, proceed through closing, and sell my home with minimal effort. They were extremely professional and I felt they were by my side every step of the way.” - Brady, reviews.io

Cons

❌ Stricter selling criteria than cash buyers

❌ The final offer can change

❌ 5% service fee

“They gave me a range of what they expected to offer. There was a $40,000 difference between the bottom and top of the range. … A few days later, they gave me a final offer which was $300 above the bottom of the range and WELL below market value.” - Matt S., reviews.io

How it works

  1. Enter your information on Opendoor to get a preliminary offer (typically within 24-28 hours)
  2. Complete a video or live walkthrough with an Opendoor representative
  3. Receive a final offer after the representative assesses your property’s value
  4. Sign a purchase agreement and arrange a closing date

Eligibility

Your home may qualify to sell through Opendoor if it is:

  • A single-family home, townhome, or condo built after 1930
  • Valued between $100,000 and $600,000 (or up to $1.4 million in some markets)
  • On a maximum lot of 1 acre (2 in some markets)

Best for

Homeowners who are willing to accept an offer below market value and want a quick sale while avoiding the hassle of the open market.

Offerpad

Customer rating: 3.9/5 (2,500+ reviews)
Service fees: 5%
Time to close: 8-90 days

Offerpad summary

Offerpad gives sellers perks, like free local moves and a 3-day grace period after closing, in addition to a quick selling timeframe.

You can choose between accepting a cash offer from Offerpad or going to market with an agent, which could include a cash advance for home repairs. The iBuyer also boasts flexible closing dates ranging from 8-90 days.

Opting for Offerpad’s cash offer may come with high repair costs that cut into your final offer.

Pros and cons

Pros

✅ Free local moves

✅ 3-day grace period

✅ Cash offer or traditional listing

✅ Discounts for bundling services

“Selling my home with Offerpad was an exceptional experience, right from the beginning to the end!!! The initial professional I interacted with astounded me by thoroughly examining my property and subsequently extending an offer.” - Dean, Trustpilot

Cons

❌ 5% service fee + 1% cancellation fee

❌ Stricter purchase criteria than other companies

❌ Some sellers report inflated repair costs

“Offerpad came with a competitive offer, [then] waited [until] the 9th day in 10-day due diligence to provide lowball offer. We lost time…” - Carole, Trustpilot

How it works

  1. Submit your information on Offerpad’s site to receive an offer
  2. Choose to accept the offer or list through an agent
  3. Complete a third-party home inspection
  4. Receive an updated offer with a repair quote
  5. Close on your home with a 3-day grace period

Eligibility

Homes qualify for Offerpad’s services if they have no significant title or structural issues and are:

  • A single-family home, condo, or townhome
  • In good condition and built after 1950
  • No more than $1 million (pending on market)
  • On a lot smaller than one acre

Best for

Someone who wants the flexibility of accepting a cash offer or listing through a real estate agent.

The bottom line

Companies that buy houses for cash are legit, but you should carefully review all contracts (or consult a real estate professional) to ensure you understand the terms when selling to one.

The offer you receive and service level will vary by company, so you should shop around and find the best fit for your needs before settling with one cash buyer.

Thankfully, Clever Offers simplifies finding a cash buyer by doing the legwork for you. The online matching service will match you with multiple buyers in your area (and a trusted real estate agent to help you compare cash buyers vs. the open market) to help you maximize profit on your cash sale.

See how much your home is worth with Clever Offers now!

FAQ

Pros: Selling to a cash buyer allows you to sell quickly without the need for showings, repairs, or prep work. It also eliminates realtor fees and closing costs, making the process simpler and more straightforward.

Cons: Offers from cash buyers generally fall below market value, which means you may receive less than you would from a traditional sale. The actual payout can also be lower than the initial offer due to potential hidden fees or adjustments after inspections. Finally, some contracts may be complex, so it’s essential to review the terms carefully.

Offers vary between companies that buy homes for cash, but they generally pay 70-80% of a home’s after-repair value, or ARV. Here’s what a buyer may offer for a home with a fair market value of $300,000:

  • $300,000 fair market value - $50,000 for repairs = $250,000 ARV
  • 70-80% of $250,000 = $150,000-200,000 cash offer

Many types of buyers pay cash for houses. The most common cash buyers include:

  • National cash-buying networks like WeBuyHouses
  • Local real estate companies that flip houses
  • Private real estate investors
  • iBuyers like Opendoor and Offerpad
  • Home trade-in services like Knock and Orchard

Instead of taking your home to the open market, a cash buyer makes a direct offer on your home for a cash payout. The process typically has four steps:

  1. You receive an initial offer on your home
  2. The buyer (or a third party) evaluates your home for potential repairs
  3. The cash buyer adjusts the offer based on the home inspection
  4. You choose to accept or deny a final offer and close on the sale

Cash-buying companies like WeBuyHouses and WeBuyUglyHouses.com are legitimate real estate companies licensed to buy and sell homes where they operate.

Selling your home for cash varies by company. Some companies that pay cash for homes close in as few as three days, while others take multiple weeks to finalize a sale. Most companies also offer flexible closing dates to meet sellers’ needs.

Selling to a cash buyer won’t make you as much profit as the open market. But selling to a cash buyer may make sense if you:

  • Prioritize convenience over making the most profit
  • Are selling a second home or an inherited home
  • Have a tight timeline and need a quick turnaround on your sale
  • Want to sell your home as-is without making repairs