7 Best Companies That Buy Houses for Cash in Dallas, TX (2023 Updates)

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 win your property, investors could make multiple cash offers for your home.

• Service Fee – $349: Houzeo does not charge a 5% service fee or any undisclosed closing fee.
• 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 Reviews: Learn why Houzeo is America’s Real Estate Super App

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.  Houzeo Mobile App is also very powerful.
4. No Listing Commission: In most states, you’ll be paying just a small flat fee to list on MLS. Houzeo covers 47 states + DC! And remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission!

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 4,523 home sellers on Google and Trustpilot!

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

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?

• Wide Coverage: Opendoor pays cash for houses in 51 markets– Boston, Albuquerque, Cincinnati, Indianapolis, Birmingham, Miami, San Francisco, San Jose, etc.
• 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.

In our research, we came across some deal breakers with Opendoor.

• 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 can go from 5% to 14%. This is significantly higher compared to the 6% realtor commission.
• 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.com Review: Does Opendoor pay the market value of your property?

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 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 7 days. The initial offer terms may change after the inspection of your house.

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

• Lightning Fast Closing: With Offerpad’s cash-for-house offer, you can close your property in seven 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? Check this out to know more about them.

In our research, we found some issues associated with Offerpad Real Estate.

• Lowball Cash Offer: Offerpad’s cash offer is below market value, typically around 60% to 80% of the fair market value.
• 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 out of 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 Review: Read the in-depth review of Offerpad.

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

» Offerpad Review: Check out customer reviews of Offerpad.

Southern Hills Home Buyers is a real estate solutions and investment firm with over 7 years of experience in buying houses for cash. The company is a local cash home buyer in Dallas and other important cities in Texas.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: Distressed properties including inherited properties, fire-damaged properties, homes facing foreclosures, and so on.
• Closing Offer Terms: Southern Hills Home Buyers offers a home closing timeline of 7 to 30 days.

👉 Our Take: Southern Hills Home Buyers is a good choice for home sellers looking for local cash home buyers in Dallas, TX. They buy homes “as-is” with flexible terms of closing and quickly for cash.

• Quick Cash Offers: Southern Hills Home Buyers makes fair, no-obligation all-cash offers within 24 hours.
• Flexible and Fast Closing: As an owner, you can decide upon the closing date. Once you accept their offer, they close within 7 to 30 days.
• Good Local Coverage: Southern Hills Home Buyers provides its services in the following regions: Houston, Dallas, Fort Worth, Arlington, and other surrounding areas.
• Zero Service Fees: No service fees, no commissions, and no closing costs.
• Sell As-Is: You save on repair costs and can sell your house as-is.

We came across the following red flags associated with Southern Hills Home Buyers:

• Lowball Cash Offers: Southern Hills Home Buyers may put in lowball cash offers of around 50% to 70% of the fair market value. This is lower than what you can get on the open market.
• Non-Negotiable Cash Offers: They will not offer more than 70% of your property’s fair market value. They rarely increase the price quoted in the initial cash offer.
• Not Many Reviews: Southern Hills Home Buyers has only 8 reviews. You must compare other cash home buyers before considering them.

Southern Hills Home Buyers has 4.5 out of 5 stars from 8 reviews on Better Business Bureau.

WeBuyHouses.com is a pre-vetted real estate investor network. We Buy Houses “thoroughly” vet their investors before authorizing them to operate independent offices in their respective jurisdictions.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: Distressed properties with structural issues, relocation of the homeowner, couples going through a divorce, a death in the family, flawed mortgage financing, inherited homes, high-crime neighborhoods, etc.
• Closing Offer Terms: We Buy Houses provides a flexible closing date, up to 60 days out. Offer terms are inflexible.

👉 Our Take: We Buy Houses operates on a franchise model, so the quality of service may differ. You should check the reviews of the local franchise before requesting cash for your home.

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

• Fast Cash Offers for Houses: You will typically receive WeBuyHouses.com’s initial cash offer within two days.
• Zero Service Fees: WeBuyHouses doesn’t charge any service fee in exchange for the convenience of selling your home for cash
• Fast Closing: We Buy Houses.com will close in just seven days after you accept their cash offer.
• Firm Cash Offer: We Buy Houses Com’s cash offer is usually in line with the preliminary cash offer unless the inspector identifies major flaws during the home inspection.
• Broad Coverage: We Buy Houses makes cash offers on properties in 200 markets in over 30 states. WeBuyHouses com has 2,700 offices nationwide.
• Zero Upfront Expenses: When selling to WeBuyHouses Com, you don’t need to prep the home or worry about repairs.

» What is we buy houses? To know more about them check this out.

In our research, we came across some dealbreakers with We Buy Houses.

• Lowball Cash Offer: We Buy Houses investors may put in lowball cash offers around 50% to 70% of the fair market value. This is lower than what you can get on the open market.
• WeBuyHouses.com is Not 100% Online: WeBuyHouses has a limited tech stack. This means a lot of processes, like requesting a counteroffer or managing inspections, will be offline and manual. We Buy Houses does not offer a mobile app.
• Non-Negotiable Cash Offers: A ‘We Buy Houses’ investor may not offer more than 70% of your property’s fair market value. Even if your property isn’t distressed, they will rarely budge on the offer price.
• Inconsistent Quality of Service: When you sell to a cash buyer franchise like WBH, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.

» WeBuyHouses.com Reviews: Learn how WeBuyHouses.com works.

We Buy Houses has zero customer reviews on popular review sites like Google or Trustpilot.

» webuyhouses.com reviews: Check this out to know more about them.

ASAP Cash Home Buyers started their journey in 2013. They are a reputable cash buyer who even 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.

• 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 and so you can cut down on repair costs 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 3 reviews on Google.