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21 min read Nov 17, 2022

6 Companies That Buy Houses for Cash in Clearwater, FL

CCC - Clearwater, FL

As per the housing market report 2022, home prices in Clearwater, FL rapidly increased by 10.2% compared to the last year. When last year the houses took upto 18 days on an average to sell, this year looks better especially for companies that buy houses for cash in Clearwater as it has gone down by 2 days.

Companies that buy houses for cash in Clearwater, FL fall into 2 categories:

  • iBuyers: Typically offer 70% to 90% of the property’s market value. iBuyers can have high service fees and do not typically buy distressed or rented properties, or properties with title complications.
  • “We Buy Houses For Cash” Companies: Typically offer about 50% to 70% of the property’s market value. They usually have no service or closing fees. They will also buy properties that are distressed or rented.

💰 Get Top Dollar Cash Offers On Your Terms: Major iBuyers including Opendoor and cash buyers submit offers on Houzeo properties. An MLS listing via Houzeo.com gives you maximum exposure. List NOW!

Rankings: 6 Best Companies That Buy Houses for Cash in Clearwater, FL

CompanyPotential Offer Price*Service FeesClosing Time100% Online5-star Reviews**Mobile App
1. Houzeo.com100% of Market Value$349 Flat Fee7 to 60 days
2. Offerpad80% to 100% of Market Value5% of Sale Price15 days
3. We Buy Houses50% to 70% of Market Value6%-11% of Sale Price7 to 14 days
4. House Heroes50% to 70% of Market ValueNone7 to 30 days
5. Florida Cash Home Buyers50% to 70% of Market ValueNone7 to 60 days
6. Traction Home Offer50% to 70% of Market ValueNone7 to 30 days

*An MLS listing via Houzeo exposes your home to the open market. The open market will almost always be more competitive than offering your house to a single potential cash home buyer.

** For 5-star customer reviews, ratings above 4.75 out of 5 stars have been considered. Houzeo has been rated 5.0 stars on Google Reviews and 4.9 stars on Trustpilot.

Reviews: 6 Best Companies That Buy Houses for Cash in Clearwater, FL

1. Houzeo.com

🎖️ Max Exposure to Cash Buyers

Houzeo

  • Service Fee: $349 Listing Fee
  • Available in 80+ U.S. Markets
  • 5 Stars 4.9/5 (out of 4097 reviews)

Houzeo is the best option if you’re looking for multiple cash offers. An MLS listing via Houzeo.com provides exposure to the max number of cash buyers. This includes Opendoor and Homevestors, who have recently submitted cash offers on Houzeo.

  • Service Fee – $349: Houzeo does not charge a 5% service fee or any undisclosed closing fee.
  • Maximum Cash Offer: Your property will get max exposure to cash buyers via the MLS. This includes major portals like Zillow, Realtor.com, and Redfin. All local and national cash buyers, including iBuyers, will be aware of your listing and compete for it.
  • Types of Properties: On Houzeo Marketplace, you can market properties in any condition and sell your house as is.
  • Flexible Closing Date & Offer Terms: You can specify and negotiate the cash terms you want for your closing.
  • Nationwide Coverage: Houzeo is available in 47 states across the U.S. so you can market to local cash buyers almost anywhere.

👉 Our Take: For sellers looking to maximize their cash offers, we recommend Houzeo’s Gold plan. It will get you maximum exposure to cash buyers via the MLS. You will also have Houzeo’s advanced features to negotiate the best terms for your cash offer.

» Houzeo Reviews: Learn why Houzeo is America’s Real Estate Super App

  • Near Nationwide Coverage: Houzeo covers 47 states + DC.
  • No Listing Agent Commission: With Houzeo, you only pay a small flat fee to get access to the MLS and all the Houzeo tech
  • 100% online: Easy listing, fast changes, online showings, and online offers
  • Max Exposure: Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other real estate websites
  • Fast Listing: Rush listing option gets you listed within a business day with Houzeo Concierge. This is best to sell your house fast.
  • Real Estate On the Go: Houzeo Mobile App mimics most functionality of the Houzeo web platform, including Offers and Showings
  • 5-Star Customer Service: Superb support that minimizes Houzeo complaints
  • No Hidden Fees: There are no Houzeo hidden fees

» Is Houzeo Legit: Learn more about Houzeo.com’s locations and services

Houzeo has a stellar rating of 4.9 out of 5 stars, with reviews on popular sites like Google & Trustpilot.

» Houzeo Reviews: Check out what customers have to say about Houzeo.com!

Houzeo is available nationwide with coverage in 200+ markets.

The Best iBuyer in Clearwater, FL

iBuyers, aka instant buyers, harness technology and market data to compute data that helps sell houses for cash in Clearwater, FL.

Also called iBuyer companies, these cash home buyers are changing how the “we buy houses for cash” industry functions. iBuyers have strict purchase criteria and are only available in limited locations.

» More: How Does Selling to an iBuyer Work?

2. Offerpad, Clearwater

FASTEST CLOSING

Offerpad

  • Service Fee: 5%
  • Close in 10 days
  • Offerpad has 4.5 stars out of 5 on TrustPilot 4.6/5 (out of 165 reviews)

Known for its fast closing schedule, Offerpad is an iBuyer founded in 2017. Offerpad’s patented evaluation tool generates an initial offer price for the property based on housing market stats and insights from in-house real estate market specialists.

  • Service Fee: 5% of Home Sale Price
  • Typical Offer: 70% to 90% of Fair Market Value (FMV)
  • Types of Properties Purchased: Offerpad offers cash for houses only in desirable neighborhoods and for properties that need zero or minimal repairs. Distressed properties may not get a cash offer from Offerpad.
  • Closing Date & Offer Terms: Offerpad has the fastest closing schedule, with the earliest timeline being 7 days and up to 45 days out. Their offer terms are inflexible, and the initial cash offer terms may change after the home inspection.
  • Limited Coverage: Offerpad only covers 22 markets.

🚩 You Should Know: Offerpad’s final cash offer is calculated after deducting home repair costs and seller closing costs. For the ease of an instant cash offer and fast closing, you may pay up to 13% of your home’s sale price in service fees. Also, if you want to back out of the deal with Offerpad after accepting a cash offer, you will have to pay a 1% cancellation fee.

👉 Our Take: Offerpad can be considered if you need to sell quickly, and this iBuyer offers cash for houses in your zip code. Remember—an MLS listing on Houzeo.com will automatically put you in front of Opendoor and other cash house buyers.

» Offerpad Reviews: Is the Fast Closing Schedule Worth the Tradeoff?

  • In just 10 days, you can close your house sale with Offerpad
  • No need to fix or prepare the house
  • Long-term stay option for house sellers
  • Closing costs and service fees can add up to more than 10% of the purchase price in some situations, resulting in a lower cash offer than expected
  • 1% cancellation fees if you back out of the deal after acceptance

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

» Offerpad Review: Check out exclusive customer reviews of Offerpad

4 Best Cash Home Buyers in Clearwater, FL

“We buy houses for cash” companies are conventional, fast cash home buyers. They make instant cash offers and buy houses as-is in Clearwater, even extremely distressed properties.

Usually a “franchise” network of real estate investors and local house flippers, “we buy houses for cash” companies offer as low as 30% of the home’s fair market value.

» More: How Do “We Buy Houses for Cash” Companies Work?

3. We Buy Houses, Clearwater

FAST CLOSING

We Buy Houses

  • Service Fee: None
  • Closing in 3 weeks
  • No credible reviews found.

Dealing with a cash buyer company like We Buy Houses (WeBuyHouses.com) is like selling your home to a local real estate investor. We Buy Houses “thoroughly” vets their investors before authorizing them to operate independent offices in their respective jurisdictions. This cash home buyer caters to distressed home sellers and is known to buy properties as-is.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All kinds of ugly houses, i.e., distressed properties with structural issues, couples going through a divorce, a death in the family, flawed mortgage financing, inherited homes, high-crime neighborhoods, etc.
  • Closing Date & Offer Terms: We Buy Houses provides a flexible closing date, up to 60 days out. Offer terms are inflexible, but you can try negotiating for a better cash offer and terms.
  • Near-Nationwide Coverage: WeBuyHouses.com pays cash for houses in 2,700 cities nationwide.

🚩 You Should Know: We Buy Houses is a pre-vetted real estate investor network and operates on a franchise model. Some franchisee offices may use controversial tactics to close the cash transaction.

👉 Our Take: We Buy Houses operates franchises with independent, pre-vetted, local real estate investors. The quality of service depends on your location, so it’s best to check the customer reviews of the local We Buy Houses franchise before requesting a cash offer.

» We Buy Houses Reviews: Everything you need to know about WeBuyHouses.com

  • Get an offer within two days & close in just seven days
  • Private network of pre-vetted real estate investors
  • Once an offer has been made, there is little to no space for negotiation.
  • Most homes get paid less cash than the fair market value.
  • Only interested investors will evaluate your home full cash offer will be made for your house.
  • We Buy Houses’ final cash offer is usually in line with the preliminary cash offer unless the appraiser deducts anything during the home inspection.

👎 Zero Customer Reviews: We Buy Houses has no customer reviews on popular review sites like Google or Trustpilot.

👍 Houzeo Reviews: Houzeo has a stellar rating of 5.0 stars on Google and 4.9 stars on Trustpilot.

We Buy Houses makes cash offers on houses in 49 states with 2,700 offices nationwide.

4. House Heroes, Clearwater

TRUSTED LEGACY BUSINESS

House Heroes

  • Service Fee: None
  • Offers made in 24 hours
  • 5 Stars 4.9/5 (out of 52 reviews)

House Heroes claims to make creative cash offers that work for both the seller and their company, and they focus on quick closing, no mortgages, and buying as is. They are a local property investor changing the cash home buyer game for sellers who need cash fast but want a flexible closing timeline.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Property Purchased: All types of ugly houses, i.e., distressed properties with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
  • Closing Date & Offer Terms: Closing happens within 7 days or at a flexible schedule as decided by the homeowner. They claim that they offer honest, no-obligation deals to make the sale profitable for both parties.
  • Coverage: House Heroes operates in 12 markets in Florida, but also buys properties in parts of California, Massachusetts, and more.

🚩 You Should Know: While the service of this cash home buyer is great in certain areas of Florida, it isn’t uniform in others. Further, House Heroes has no standards to govern how transactions are conducted.

👉 Our Take: House Heroes is a suitable choice as a cash home buyer for sellers wanting to maximize gains on houses in poor conditions lying around Florida and California.

  • Free and no-obligation cash offers.
  • Flexible closing schedule, take as long as you need it.
  • No closing costs.
  • Professional staff known for honesty, kindness, and knowledge of Florida’s real estate market.

House Heroes has 4.9 stars out of 5 on Google. This rating is based on 52 reviews.

House Heroes operates primarily in 12 markets: Miami-Dade County, Broward County, Palm Beach County, Hillsborough County, Pinellas County, Seminole County, Monroe County, Lee County, Orange County, Volusia County, Brevard County, and New Jersey.

This cash home buying company also provides services in California and Massachusetts.

5. Florida Cash Home Buyers, Clearwater

DIRECT CASH BUYER

Florida Cash Home Buyers

  • Service Fees: None
  • Offers made in 24 hours
  • 4.5stars 4.6/5 (out of 97 reviews)  

Founded in 2014, Florida Cash Home Buyers LLC is Gabe and Omer’s real estate venture that aims to unconventionally solve the home buying process in Florida. They offer a hassle-free way to sell your house fast for cash. Because they are a direct cash home buyer, stakeholders like banks, realtors, appraisers, etc., are eliminated from the home selling process.

  • Service Fee:  None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All types of ugly properties, i.e., distressed properties with structural issues, bad mortgage financing, inherited houses, facing foreclosure, problematic tenants, etc.
  • Closing Date & Offer Terms: Flexible closing, and you can continue occupying the house for up to 3 weeks free of cost. Post three weeks, you will be charged the prevalent market rent.
  • Coverage: Florida Cash Home Buyers offers its services primarily in 6 markets.

👉 Our Take:  This cash home buyer company is a good option for home sellers who want a hassle-free way to sell their house for cash fast in Florida.

  • Free, no-obligation cash offer made within 24 hours.
  • No repair or closing costs.
  • Will help you find a new property to move into.
  • Works with a dedicated probate attorney and can also pay the probate fees when buying an inherited house.

Florida Cash Home Buyers has 4.6 stars out of 5 on Google.

Florida Cash Home Buyers covers all areas of Florida, particularly: Miami, Fort Lauderdale, Palm Beach, Orlando, Jacksonville, and Tampa.

6. Traction Home Offer, Clearwater

BUYS HOUSES FOR CASH

Traction Home Offer

  • Service Fees: None
  • Offers made in 24 hours
  • 4.5stars 4.6/5

    (out of 9 reviews)

Traction Home Offer buys houses for cash, they provide hassle free service and the best part is that they give an approximate offer within hours of contact. They provide the quickest answer to the question of “How to sell my house fast for cash?”. Because they are a direct cash home buyer, all you need to do is make a quick phone call and some answered questions to get an approximate offer.

  • Service Fee:  None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All types of properties, despite the reason, condition and whatever challenge it may be.
  • Closing Date & Offer Terms: On an average, the closing time is a week. Though that may vary from circumstance to circumstance it’s the average timeline it takes.
  • Coverage: Traction Home Offer provides its services primarily in 21 markets.

👉 Our Take:  Traction Home Offer is a Florida based cash home buyer company which provides services especially for people who want to sell their homes fast.

  • They put forth an approximate offer after just one phone call.
  • Free, no-obligation cash offer made within 24 hours.
  • No repair or closing costs.
  • Closing date can be chosen at client convenience and selling can be done on their terms.

Traction Home Offer has 4.6 stars out of 5 on Google.

Traction Home Offer covers all areas of Florida, particularly: Sarasota, West Palm Beach, Orlando, Port Charlotte and Fast Tampa.

Are Companies That Buy Houses for Cash in Clearwater, Florida Legit?

Yes, companies that are cash home buyers in Clearwater are legitimate and operate legally.

However, no industry is free from scammers or companies following the “malign practices” that exist in every industry. So, never pay any money while requesting an all-cash offer on your house.

Check customer reviews and inspect how the company operates before signing any property documents.

Understanding Cash Home Buying Companies in Clearwater

Companies that buy houses for cash in Clearwater include institutional cash home buyer companies, local house flippers, and real estate investors. They make all-cash offers on homes and typically pay 70% to 90% of the home’s fair market value.

Cash buyer companies don’t negotiate the offer, thus leaving little room to get 100% of your home’s market value.

💲Cash for My HouseList on the open market with Houzeo.com and get 100% Fair Market Value of your property.

Types of Cash House Buyers in Clearwater, Florida

Companies that extend cash offers on homes in Clearwater, FL, help home sellers skip the hassle of listing on the MLS, marketing their homes creatively, home staging, etc. Two types of cash home buyers make cash offers on homes for sale:

1. “We Buy Houses for Cash” Companies: Lowball Cash Offers But Zero Service Fees

Cash home buyers in Clearwater buy distressed properties as-is and typically pay 30% to 70% of the home’s fair market value. We recommend “We Buy Houses for Cash” companies for homeowners with inherited homes that need extensive repairs, homes with structural issues or facing foreclosure, or the homes of couples going through a divorce.

Companies like HomeVestors and We Buy Houses are “franchise” networks of pre-vetted real estate investors. So, every office is operated autonomously by investors buying homes for cash. This network includes retail cash home buyers, local house flippers, and nationwide investors.

» More: How Does “We Buy Houses for Cash” Work?

2. iBuyers: Fair Cash Offers But Hefty Service Fees

Companies that buy houses for cash with instant non-negotiable offers are calculated based on the property’s location, house condition, required repair costs, calculating ARV (After Repair Value), etc. You get 70% to 90% of the home’s fair market value.

Unlike cash house buyers in Clearwater that compare local sales data and rely on in-house experts, iBuyer companies use proprietary algorithms to compare millions of historical pricing trends to determine a competitive cash offer price. Opendoor offers the most cash compared to other iBuyers, while Offerpad is known for its fast closings.

» More: How Does Selling to an iBuyer Work?

How Do I Sell My Home Fast for Cash in Clearwater, FL?

Listing on the MLS is the fastest way to get quick cash offers in Clearwater from “cash for houses” companies. Cash buyer companies and local real estate investors are always scouring the MLS for properties. So, if you want to sell your house fast for cash, you can consider the following tips:

  • Listing on the MLS
  • Pricing your home competitively
  • Offering a competitive buyer agent commission
  • Responding fast to inquiries, showings, and offers

» How Do I Sell My House Fast for Cash: Here’s a guide to help you sell your home fast.

Selling a House to an iBuyer

When selling a house to iBuyers, technology and data go hand-in-hand to calculate your home’s worth. While each iBuyer may have different ways, this is what typically happens when selling properties to an iBuyer company:

  • Step 1 – Submit information about your home: iBuyers collect information through an online form or over the phone. Sellers need to share the property’s location and basic details of the house.
  • Step 2 – Receive a preliminary cash offer: After an initial evaluation to check if your house passes its eligibility criteria, you usually get a preliminary cash offer. Usually, this offer is a take-it-or-leave-it deal.
  • Step 3 – Complete a home inspection: An onsite visit is scheduled if you accept the preliminary cash offer. The representative will assess your property.
  • Step 4 – Review final cash offer: Repair costs and expenses are adjusted in the preliminary cash offer. Then, the iBuyer sends a final cash offer for the house.
  • Step 5 – Close the deal: iBuyers provide more flexibility on the closing schedule. You may be able to close within 7 days!

👉 Know Your Home’s Worth Before Selling to an iBuyer: Even if your property is eligible for iBuyers, it’s always a good idea to get an estimate from a local realtor to find out how much your home could sell for on the open market.

Which Homes Qualify for Most iBuyers?

iBuyers only offer cash for houses in Clearwater that qualify their purchase criteria. Typically, these criteria are similar for major iBuyers like Opendoor and Offerpad:

  • Home types: Single-family homes, Townhouses, Duplexes, Condominiums
  • Year built: After 1930
  • Lot size: Maximum lot size of 1–2 acres, depending upon market
  • Value: Between $100,000 and $600,000 (can be as high as $1.4 million in some markets)
  • Occupancy: Owner-occupied only

iBuyers have made exceptions in some markets, so it’s best to request a cash offer from an iBuyer that buys homes in your locality.

👉 Cash for Distressed Properties: Houses listed on the MLS receive offers as long as one can reside in them after purchase. Even distressed properties may get better cash offers when listed on the open market.

How Much Do iBuyers Pay in Clearwater?

As high as 104.1% and as low as 70% of the property’s fair market value. However, iBuyers are ideal for you only if you have a pretty house that needs minimal or no repairs.

👉 iBuyers Offer Cash for Houzeo.com Homes: iBuyers like Opendoor and Offerpad have made full cash offers on the properties listed on Houzeo. Increase your chances of meeting an iBuyer with a free listing on Houzeo.com. Start NOW!

How Much are iBuyer Fees?

The hassle-free convenience of iBuyers comes at the expense of service fees. Typically, you can expect the final service fees to be around 10% to 18% of the home’s sale price.

iBuyer fees primarily depend on the property’s condition and location. If you have a decent house that needs minimal repairs in a desirable neighborhood, then the service fees will be around 5% to 7%.

✅ Pros of Selling Your House to an iBuyer

  • Instant Cash Offer & Sale: iBuyers make instant cash offers on houses in Clearwater, usually in 24-48 hours. If you accept it, iBuyers move fast to close on the property. You skip the annoyance that comes with a traditional home sale.
  • Fast Closing: There is no listing or wait for potential buyers. When selling to an iBuyer, you skip the hassle of a traditional home sale and get quick cash for your house.
  • Certainty of Sale: iBuyers are home-buying companies with enough finances. So, the chances of your home sale falling through are less than selling your home with a realtor.
  • No Upfront Costs: A home seller must spend on house repairs, home staging, etc., when listing on the open market. These costs get eliminated when you sell to an iBuyer.

❌ Cons of Selling Your House to an iBuyer

  • Non-negotiable Cash Offers: When dealing with iBuyers, the cash deal is usually take-it-or-leave-it. Although there may be room for negotiations, you can’t expect more than 95% of the market value of your home. Because iBuyers have to sustain their business model with the re-selling profits, they usually provide final offers.
  • Limited Coverage: iBuyers purchase homes in the markets they operate in. So, selling to an iBuyer is not a choice for most Americans. You won’t stand a chance if your property lies outside their coverage.
  • Strict Eligibility Criteria: There are specific prerequisites a home must adhere to for an iBuyer to buy it. Most iBuyers only offer cash for houses built post-1930 or less than 1.5 acres. Because of the stringent purchase criteria, distressed homes don’t qualify for sale.
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How Do “We Buy Houses Fast for Cash” Companies Work?

“We buy houses for cash” companies are cash buyers that buy houses “as-is” and at a much lower rate than the market price. These real estate cash buyer companies in Clearwater mostly work offline, and their target audience is distressed home sellers.

Let’s take a look at how the home sale would be with a “We Buy Houses for Cash” company:

  • Step 1 – Share details about your house: Most cash buyer companies will collect basic information via phone or online. Sellers have to share location and property condition.
  • Step 2 – Review the preliminary cash offer: After an initial assessment of your property, the home-buying company will make a non-negotiable cash offer.
  • Step 3 – Complete a home inspection: An onsite visit is scheduled if you accept the initial offer price. A third-party inspector or a local firm representative will complete the onsite inspection. Your final offer will be modified proportionately if any essential repairs are required.
  • Step 4 – Accept the final cash offer: After adjusting repair costs and expenses, the cash home-buying company sends a final cash offer. You only need to accept, sign a purchase agreement, and schedule closing if it satiates your ideal requirements.
  • Step 5 – Close on your schedule: “We Buy Houses for Cash” companies can pace up the process and provide more flexibility on timing. You don’t have to wait for a bank to subscribe to a mortgage. In some cases, you may be able to close just within ten days.

How Much Do Cash Home Buyers in Clearwater Pay?

Companies that buy homes for cash often use the 70% rule.

So, they’ll pay no more than 70% of your home’s market value. Sometimes, home repairs are required, and some cash buyer companies deduct these overhead expenses from your sale proceeds.

Cash Offer = (Market Value of Your House x 70% Offered) – Repairs Costs

Let’s say your home is worth $300,000 at fair market value but needs $25,000 in repairs. Then, you might expect a cash offer of only $185,000 from the cash home buyer companies.

You can wait and list your home with a professional real estate agent if you have a capital of $25,000 to spend on repairs. There’s also the open market, where you might be able to locate a deal worth as much as or more than your home’s current market value.

Some companies that buy houses for cash in Clearwater are willing to pay less than 70% of the home’s value after renovations/repairs. However, we recommend requesting cash offers from multiple cash home buyer companies, with no obligation to close with them.

    👉 IMPORTANT: Even if your property is eligible for iBuyers, it’s always a good idea to get an estimate from a local realtor to find out how much your home could sell for on the open market.

💲Market to the Biggest Pool of Cash Home Buyers!


Houzeo is the fastest, high-tech way to get on the MLS and sell to cash home buyers.


Start Your FREE Listing NOW!

“We Buy Houses for Cash” Companies: Pros and Cons

✅ Pros

  • Fast Cash Sale: In the traditional model, you have to list on the MLS and wait for potential buyers. With “We Buy Houses for Cash” companies, you get a cash offer within 24-48 hours of submitting details on their website.
  • Flexible Closing: Companies that buy houses for cash in Clearwater, FL move faster than others because there is no longer a need to wait for mortgage approval or listing paperwork. Many companies provide a one-month closing guarantee or up to two weeks.
  • No Service Fees: “We Buy Houses for Cash” companies acquire your home as-is and don’t charge any service fees. Their lowball offers are enough to recover profits by reselling your property after anticipated repairs.
  • No Upfront Costs: Whether they choose a traditional real estate broker or a Flat Fee MLS company, a home seller incurs costs while listing the house and prepping for sale. Since “We Buy Houses for Cash” companies acquire your home as-is, you don’t have to spend a dime. So, required repairs, curb appeal, upgrading furniture, and staging are some elite expenses you avoid when you choose companies that buy homes for cash.

❌ Cons

  • Non-negotiable Cash Offers: When dealing with “we buy houses for cash” companies, the deal is usually take-it-or-leave-it. Although there may be room for negotiation, you can’t expect more than 70% of the market value of your home. However, if you feel the company overlooked something important, some will allow you to make your case and submit additional evidence to support it, but most will be unwilling to budge on price.
  • Lowball Offers: Companies that buy houses for cash in Clearwater, FL generally pay 50% to 70% of the home’s fair market value, deducting all repair, utility, and re-selling expenses. Because they want to sell this home on the open market, they will offer you marginal prices so that they get a profit when they resell.

We Buy Houses for Cash Scams

Cash home buyers are legitimate, but there are scammers in every industry, and that’s how cash for houses scams work. Some common “cash for houses” scams are:

  • Fake “We Buy Houses for Cash” Ad: Scammers post signs and blast emails with a “we buy houses for cash” ad. Families in need of liquid cash or struggling to make their mortgage payments fall for this and end up signing property-related documents in a hurry to close the cash transaction. “Cash for houses” companies lease the property to a new tenant, and the owner is still responsible for making the mortgage payments while losing control of their house.
  • Re-assignment Clause in Listing Agreement: In some states, cash home-buying companies have made home sellers sign a listing agreement with a “reassign” clause. Essentially, this means the seller is permitting somebody else to take control. Home sellers who fall into this trap lose the right to sell their own house!

⚠️ Don’t get lured by such deceptive cash home buyers: Thoroughly investigate the company before signing any legal documents related to your house.

Selling to Local Real Estate Investors in Clearwater, Florida

Selling to local real estate investors directly is an option if you don’t want to work with a cash home buyer in Clearwater. Real estate investors are always searching for properties. These real estate cash buyers, also called retail cash house buyers, can be classified as:

  • House Flippers: buy a property, renovate, and resell the property on the open market.
  • Landowners or Landlords: buy a property, renovate and rent the property.

You can find such cash investors in Clearwater, FL through online forums or in-person meetups. Real estate investors often purchase the property as-is and drive a hard bargain to acquire homes for less than the fair market value. So, it’s best to do a comparative price analysis and find how much your property is worth before you deal with local real estate investors.

🏘️ How to Flip a House: Is flipping houses still profitable in 2022’s slow market?

What About Selling My House Fast with a Real Estate Agent in Clearwater Instead?

It depends!

Listing on the MLS increases the chance of a competitive cash offer. However, opting for a real estate agent to get on the MLS would defeat the purpose of maximizing your cash offer.

Opting for a real estate agent in Florida will not save your 6% commission and might be the worst option if you want to earn maximum cash. With Flat Fee MLS companies like Houzeo.com, listing your house on the MLS can be done effortlessly at just $349! You save on the 3% listing agent commission by selling your home as an owner.

✍️  Note: Cash home buyers like Opendoor and Offerpad have offered cash deals for properties listed on Houzeo.com.

💲Market to the Biggest Pool of Cash Home Buyers!


Houzeo is the fastest, high-tech way to get on the MLS and sell to cash home buyers.


Start Your FREE Listing NOW!

Should I Sell My House to Reputable Cash Home Buyers in Clearwater, FL?

Most home buyers purchase homes with a mortgage. But, selling for cash will almost always net you between 10% to 30% less than a financed offer.

We recommend you sell for cash only in select circumstances.

  • If You are on a Severely Tight Timeline: If you’re going through a rough patch in your life, such as a divorce or an immediate move, cash home buyers or real estate investors can help you sell faster.
  • In Case You Need to Sell an Inherited Property: Selling to a company that buys houses for cash can be a viable option if you have a deceased relative’s property far away or in terrible shape.
  • You are in Urgent Need of Cash: If you’re in a hurry, facing foreclosure, and don’t want to keep your property, selling your house for cash could help you escape a credit impact.
  • You Own a Distressed Property: Most banks will not finance a property in poor condition. If your property is in poor condition, selling your house for cash is a good choice.

Listing on the MLS would be ideal if you can hang in for a while. With high-tech FSBO sites like Houzeo.com, you can start your listing process on any device and finish all the paperwork seamlessly.

💲Market to the Biggest Pool of Cash Home Buyers!


Houzeo is the fastest, high-tech way to get on the MLS and sell to cash home buyers.


Start Your FREE Listing NOW!

Alternatives to Companies That Buy Houses in Clearwater

1. Listing Your Home with Flat Fee MLS Service

Listing with a Flat Fee MLS Florida service gets your property on the market within just 24-48 hours. Thus, Flat Fee MLS is the best way to sell your house fast, having 4 significant benefits:

  • MLS is the fastest way to hit the market, plus your listing is syndicated to Zillow, Realtor.com, etc.
  • Your property listing gets maximum exposure.
  • You can negotiate all offers.
  • You skip paying commission or service fees.

👉 Flat Fee MLS Florida: We recommend Houzeo if you want to list and sell your house fast!

2. Hiring a Top Real Estate Broker

Top real estate brokers have the expertise to help you sell your property in Clearwater fast within a set timeline. So, most of the work is handled by the broker, which makes home selling hassle-free.

But the downsides are just as huge. The best realtors will charge between 5% to 7% commissions. That amounts to thousands of dollars in commission you will be paying. Additionally, with local realtors in Florida, you may get no technology tools, and their service quality can be unpredictable.

👉 We recommend selling with a real estate broker only if you are not tech-savvy or concerned about FSBO paperwork

3. Sell By Owner

Selling your home purely For Sale By Owner implies that you won’t get access to the MLS. So, you market your property, conduct market research, handle offers, manage showings, etc., all by yourself.

 77% of FSBO home sellers closed on their homes within two weeks because the homes were sold to someone the seller knew. The most significant disadvantage of selling with no MLS or tech support is that you probably may not be able to sell your home quickly.

👉 We recommend selling FSBO if you have a buyer lined up to buy your property.

Eager to Know How Houzeo Works?

We’ve got you covered. Check out the following video to understand how Houzeo works and why it is one of the best For Sale By Owner websites in the U.S.

What is Houzeo?

An overview of what the platform is all about

Start Your MLS Listing NOW!

» NEED MORE CLARITY? Read these exclusive Houzeo reviews and learn why it is one of the best FSBO sites in America.

Resources for Selling Your Florida Home

Frequently Asked Questions

1. What is the best company that buys houses for cash?

Houzeo is the most popular platform for sellers looking for companies offering cash for homes. Not a cash buyer themselves, Houzeo.com lets you access the power of the MLS for a small flat fee, giving you exposure to cash home buyers. iBuyers, including Opendoor, have also made offers on properties listed on Houzeo.com.

2. How do you sell a house to a cash buyer?

List your home on Houzeo.com for multiple cash offers. You can also offer it to Opendoor or another cash buyer. You’ll then receive preliminary cash offers. You must ensure the offer meets your minimum requirements after adjustments for inspection and any service fee. Once you’ve accepted the offer, you can select your closing date.

3. Are "we buy houses for cash" companies legit?

Yes! Many companies like We Buy Ugly Houses offer cash for houses. And these companies are legit, with franchises across the nation. However, cash buyer scams are common in America, so you should always research the company before signing any official documents. You can also check customer reviews on sites like Google and TrustPilot. We also recommend you get a lawyer to review the contract before signing.

4. How long does a cash sale on a house take in Clearwater?

Approximately, anywhere between 7 to 30 days, depending on the buyer and the specific situation of the sale. iBuyers like Opendoor and Offerpad can close as quickly as 10 business days.

5. Do We Buy Houses companies make fair offers?

Yes! iBuyers will offer up to 100% of the fair market value of your property. Local “we buy houses for cash” companies will typically offer less - 50% to 70% of the fair market value. Listing your home on a marketplace, like Houzeo.com, will get you exposure to iBuyers and local investors. This significantly increases your chances of maximizing your cash offer.

6. Why is a cash offer better in real estate?

Cash offers provide more certainty than offers that include financing. There are typically no financing contingencies, and the closing can be fast. Many cash buyers will also waive inspections. Finally, once you have verified the buyer’s proof-of-funds, the risk of the sale falling through because of the loan not funding is eliminated.

7. How can I sell my house fast for cash in Clearwater, FL?

With an instant cash offer, you can sell your house fast for cash in Clearwater. Many cash buyers purchase homes and try to offer a fair deal, about 50% to 90% of the house's market value. “We buy houses for cash” companies are best for distressed properties, while iBuyers have strict purchase criteria. Choose a company as per your requirements and timeline.

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Clearwater Companies that buy houses for cash Florida

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