7 Top Companies That Buy Houses for Cash in Raleigh in 2024

Houzeo is the best option if you’re looking for multiple cash offers. Your MLS listing will be exposed to local and national cash buyers. In an attempt to secure your property, investors could make multiple cash offers for your home.

• Fee: Houzeo does not charge a 5% service fee or any undisclosed closing fee
  • $399 + $350 at Close: MLS Listing: 6 months, 24 photos
  • $399+0.5% at Close: Maximum photos, premium yard sign
  • $429+0.5% at Close: Pricing assistance, contract review, real estate forms, licensed broker assistance
  • $449+1% at Close: Virtual full-service with licensed broker, offer negotiations
• Typical Offer: Up to 100% of your property’s fair market value (FMV).
• Eligible Properties: On Houzeo Marketplace, you can market properties in any condition and sell your house as is.
• Closing Offer Terms: You can specify your preferred closing date and the closing offer terms.

👉 Our Take: For sellers looking to maximize their cash offers, we recommend Houzeo’s Gold plan. You will have access to Houzeo’s advanced features to negotiate the best terms for your cash offer.

Houzeo is a real estate marketplace and America’s #1 Flat Fee MLS service because of 4 reasons:

1. Max Exposure: Houzeo MLS packages give you access to the MLS and 100s of websites like Zillow, Trulia, Realtor.com, Redfin, etc.
2. 5-Star Customer Service: Houzeo has a fully staffed customer service desk available 6 days a week. Chats and emails are open 7 days a week.
3. 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers. The Houzeo Mobile App is also very powerful.
4. No Listing Commission: In most states, you’ll pay just a small flat fee to list on MLS. Houzeo covers 47 states and DC! Remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission!
5. Home Value Estimator: Houzeo’s home value estimator is online and quick to know the FMV of your home. It provides free home value estimates within 30 seconds.

There are no dealbreakers with Houzeo. Check out the blog on Houzeo pros and cons.

» Houzeo Reviews: Houzeo is rated “Excellent” with a 4.9 out of 5-star rating by 10,000+ home sellers on Google and Trustpilot!

Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.

Offerpad has the fastest closing among iBuyers. Based on housing market trends, their patented evaluation tool will generate an initial offer for your home.

They also have a “List on MLS” package where an Offerpad representative will list your property on the open market.

• Service Fee: 6% of the home sale price.
• Typical Offer: 70% to 80% of Fair Market Value (FMV).
• Eligible Properties: Offerpad offers cash for houses built after 1960, with a maximum lot size of 1 acre and a max valuation of up to 1M. Homes with significant foundational issues or rundown properties are not eligible. Check this out to know more about Offerpad criteria.
• Closing Offer Terms: When you sell to Offerpad, you can close as early as 8 days. The initial offer terms may change after the inspection of your house.

• Lightning Fast Closing: With Offerpad’s cash-for-house offer, you can close your property in eight days.
• No Need to Fix the Property: When you sell your house for cash, you don’t incur upfront costs to fix, prepare or stage the house.
• Extended Checkout: Long-term stay option for house sellers who want to push their closing date after acceptance.
• Broad Coverage: Offerpad buys houses for cash in 27 markets- Birmingham, Phoenix, Denver, Fort Collins, Fort Myers, Jacksonville, Atlanta, Kansas City, etc.

» What is Offerpad? Here’s everything you need to know about them.

• Lowball Cash Offer: Offerpad produces two offers- initial and final. The difference between the two cash offers can be quite high. Once, a home seller was offered $189,000 but received a lowball offer of $149,000 post Offerpad’s home inspection.
• High Service Fees: The Offerpad cash offer is readjusted based on repairs identified by the home inspector. The service fees can go up to 13% of the home sale price.
• Offerpad Cancellation Fee – 1%: If you are only 4 days away from your closing date and you decide not to accept Offerpad’s cash offer, Offerpad charges a cancellation fee of 1% of the home sale price.
• Inflated Repair Costs: Offerpad’s final cash offer is calculated after deducting home repair and seller closing costs. The difference between Offerpad’s initial offer and the final offer is huge.

Offerpad has a 3.2 out of 5-star rating on TrustPilot.

» Offerpad Review: Check out customer reviews of Offerpad.

NC Cash Home Buyers is a real estate solutions and investment firm that provides a hassle-free option for selling your house in North Carolina. The process starts with a simple online form, followed by a home inspection.

• Service Fee: None
• Typical Offer: 50% to 80% of Fair Market Value (FMV)
• Eligible Properties: Distressed properties with structural issues, condemned properties, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
• Closing Offer Terms: NC Cash Home Buyers offer a flexible closing timeline, and closing can be anywhere between 7 to 30 days.

👉 Our Take: NC Cash Home Buyers is a local cash home buyer known for quick sales. However, you can find better offers if you list on the MLS. 

• Fast Cash Offer: Based on the home inspection, you will get a no-obligation offer within a day.
• Quick Closing: NC Cash Home Buyers usually close in as little as two weeks.
• Sell Your House As-Is: You can sell your home as-is without the worry of making repairs or home staging.

» Pros and Cons of NC Cash Home Buyers: Read further to know the advantages and disadvantages of NC Cash Home Buyers.

In our research, we came across some red flags of NC Cash Home Buyers:

• Limited Coverage: NC Cash Home Buyers only offers cash for houses in selected counties in North Carolina.
• “NC Cash Home Buyers” Will Spam You: Some of their previous clients have complained about persistent phone calls. They do not stop spamming even after you decline their offer.

NC Cash Home Buyers has 4.6 out of 5 stars with 25+ reviews on Google Reviews.

» NC Cash Home Buyers Reviews: Know why it is not the best way to sell with NC Cash Home Buyers in 2023.

Opendoor is the country’s biggest iBuyer. They offer fast cash for homes with flexible closing timelines.

• Service Fee: 5% of Home Sale Price.
• Typical Offer: 70% to 80% of your property’s fair market value (FMV).
• Eligible Properties: Opendoor will make cash offers only on owner-occupied properties built post-1930 with a maximum lot size of 1.5 to 2 acres. Prefabricated homes, inherited properties, or homes with tenants do not qualify for Opendoor’s cash offer.
• Closing Offer Terms: Opendoor lets you close at your pace, up to 45 days out. The final offer terms may change after the home inspection.

» Opendoor Reviews: Why Opendoor will Pay Much Less than Fair Market Value in 2023?

• Broad Coverage: Opendoor pays cash for houses in 51 markets– including Boston, Albuquerque, San Francisco, and San Jose.
• Flexible Closing Dates: Opendoor gives you the ability to close at your convenience up to 45 days out.
• Late Checkout Upto 14 Days: Opendoor allows sellers to close on their homes, receive sale proceeds, and temporarily rent their homes.
• No Cancellation Fees: You can cancel the contract without any cancellation fee.
• No Upfront Costs: When you sell to Opendoor, you skip the traditional home selling process. No need to fix, repair or stage the property!

» Opendoor complaints: Click here to learn about the pros and cons of them.

• Lowball Cash Offer: Opendoor’s final cash offer may be below the property’s fair market value, around 70%. They also deduct repair and closing costs.
• Hefty Service Fees: Opendoor revises the final cash offer based on the inspection report. The service fees may increase from 5%. The repair cost breakdown is not disclosed in the closing statement.
• Opendoor May Back Out of the Deal: Some homeowners have had a bad experience with Opendoor. Opendoor backed out of the cash deal at the last minute, leaving the homeowner stranded.
• Undisclosed Repair Cost Breakdown: The difference between Opendoor’s preliminary offer vs. final offer can be humongous. In many cases, sellers were forced to pay for unnecessary “repairs.”
• Strict Eligibility Criteria: Opendoor doesn’t pay cash for inherited properties, homes with tenants, pre-fabricated or mobile homes, and properties located in a flood zone.

» Opendoor Complaints: Check out the common complaints of Opendoor.

Opendoor has a rating of 4.4 out of 5 stars on Reviews.io.

» Opendoor vs. Houzeo: Which should be your first choice?

We Buy Ugly Houses is a 20-year-old cash home buyer franchise. Independent real estate investors own and run each franchisee office. The parent company trains the franchisee but doesn’t micromanage their cash home-buying preferences. The brand, We Buy Ugly Houses is owned by HomeVestors.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: Ugly homes with structural issues, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
• Closing Offer Terms: WeBuyUglyHouses provides a flexible closing date, up to 30 days out. Offer terms are subject to change based on the local franchisee office.

👉 Our Take: We Buy Ugly Houses is best for sellers who want to unload their distressed houses quickly. You shouldn’t expect more than 70% of your property’s market value.

• Fast Cash Offers for Homes: WeBuyUglyHouses.com will share a preliminary cash offer for your property in 24 to 48 business hours.
• Zero Service Fees: WeBuy Ugly Houses doesn’t charge any service fee in exchange for the convenience of selling your home for cash.
• Fast Closing: We Buy Ugly Houses.com will close in just seven days after you accept their cash offer.
• Firm Cash Offer: We Buy Ugly House’s cash offer is usually in line with the preliminary cash offer unless the inspector identifies major flaws during the home inspection.
• Wide Coverage: We Buy Ugly Houses offers cash for homes in 1,100 locations across 45 states.

» We Buy Ugly Houses Review: How does WeBuyUglyHouses.com calculate your cash offer?

In our research, we found some We Buy Ugly Houses drawbacks.

• Lowball Cash Offer: We Buy Ugly Houses pays less than what sellers could get on the open market. The cash offer is around 50% to 70% of the property’s fair market value.
• WeBuyUgly Houses.com is Not 100% Online: We Buy Ugly has a limited tech stack. This means a lot of processes, like requesting a counteroffer or managing inspections, will be offline and manual. They don’t even have a mobile app.
• Non-Negotiable Cash Offers: We Buy Ugly Houses will not offer more than 70% of your property’s fair market value. They rarely increase the price quoted in the initial cash offer.
• Inconsistent Quality of Service: When you work with house buyers like WeBuy UglyHouses, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.

We Buy Ugly Houses has 1.6 out of 5 stars with 9+ reviews on Yelp.

» We Buy Ugly Houses Complaints: Check what customers say about WeBuyUglyHouses.com.

Express Homebuyers is a real estate investor network that makes all-cash offers on houses. They specialize in dealing with sellers who don’t wish to make repairs and want to sell “as-is.”

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: Distressed properties with structural issues, condemned properties, bad mortgage financing, inherited houses, etc.
• Closing Offer Terms: Express Homebuyers purchases homes in under 7 days, or a convenient date of your choice.

👉 Our Take: Express Homebuyers is great to unload an extremely distressed property. However, if your house needs minimal repairs only, then you should consider listing on the MLS.

» Express Homebuyers Reviews: Is there really no service fee?

• Fast Cash Offer: Express Homebuyers presents a preliminary cash offer within 7 minutes!
• No Obligations Offers: You will get a free, no-obligation offer for your property even damaged ones.
• Near Nationwide Coverage: Express Homebuyers offers cash for houses in almost all states, including top states like California, Texas, and Florida.
• Flexible Closing Date: Closing dates can be finalized as per the owner’s terms.
• No Additional Charges: Express Homebuyers has no service fees, they even pay the closing costs.
• Sell As-Is: You save on repair costs, and sell your house as-is.

» What is Express Homebuyers? Read our in-depth analysis of Express Homebuyers.

• Poor Customer Support: Previous clients have complained about their lack of communication and half-hearted responses.
• Non-Negotiable Offer: Express Homebuyers will not offer more than 70% of your property’s fair market value.

Express Homebuyers has a rating of 4.3 out of 5-star with 120+ reviews on Google Reviews.

» Express Homebuyers Review: Check out our exclusive reviews of Express Homebuyers.

ASAP Cash Home Buyers started their journey in 2013. They are a reputable cash buyer who refers their clients to credit and legal counseling services.

• Service Fee: None
• Typical Offer: 50% to 70% of the Fair Market Value (FMV)
• Eligible Properties: Extremely distressed properties with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, empty lots, etc.
• Closing Offer Terms: They provide a flexible closing date from 3 weeks to any date of your choosing.

👉 Our Take: ASAP Cash Home Buyers’ is a good choice if you want to save on repair costs. However, you have to settle for a price significantly below the fair market value.

» Pros and Cons of Asap Cash Home Buyers: Here’s everything you need to know.

• Nationwide Coverage: ASAP Cash Home Buyers offers their services nationwide.
• Flexible Closing Date: You can set a closing date as per your convenience.
• No Hidden Costs: ASAP Cash Home Buyers have no undisclosed fees or hidden costs.
• Sell As-Is: They buy houses as-is saving you repair and home staging costs.

Here are some drawbacks of ASAP Cash Home Buyers that we came across in our research:

• Inconsistent Quality of Service: When you sell to a cash buyer franchise, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.
• No Commercial Properties: ASAP Cash Home Buyers are not interested in properties like timeshares, hotels, or rental communities.
• Limited Customer Reviews: You cannot be sure about their service with only a handful of reviews on Google and nothing on other platforms.

ASAP Cash Home Buyers have a rating of 3.7 out of 5-stars with 10+ reviews on Google.

» ASAP Cash Home Buyer Review: Read our in-depth review.