Cash home buyers account for 33% of all home sales in Florida. They buy homes as is and offer quick closures within 7 to 14 days. No wonder, after Hurricane Milton, Florida homeowners ditch repairs and sell for cash—fast and hassle-free!
But here’s a downside! Cash buyers offer just 30% to 70% of your home’s Fair Market Value. Don’t stress—just enter a cash buyer marketplace. Here you can receive offers that can reach up to 100% of your home’s value!
Reviews: 5 Best Cash Home Buyers in Florida
1. Houzeo: Florida’s #1 Cash Home Buyer Marketplace
MAX EXPOSURE TO CASH BUYERS
Listing Fee: $3994.9/5
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, increasing the number of offers you receive.
- Fee: Houzeo does not charge any undisclosed closing fee.
- $399 + $350 at Close: 6-month MLS listing, 24 photos
- $399+0.5% at Close: Maximum photos, premium yard sign
- $429+0.5% at Close: Pricing assistance, contract review, seller disclosures, 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.
- Eligible Properties: On Houzeo Marketplace, you can 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 can access Houzeo’s advanced features to negotiate the best terms for your cash offer.
» Houzeo Reviews: Find out why Houzeo is one of America’s best cash buyer marketplaces.
Houzeo is America’s #1 cash buyer marketplace because of 5 reasons:
- Max Exposure: Houzeo’s packages give you access to the MLS and 100s of websites like Zillow, Realtor.com, Redfin, etc.
- 5-Star Customer Service: Houzeo’s customer service desk is available 6 days a week. Chats and emails are open 7 days a week.
- 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers.
- No Listing Commission: You’ll pay just a small flat fee to list on MLS. You get to bypass the 3% listing agent commission! All fees are disclosed upfront, so there are no Houzeo hidden fees.
- Home Value Estimator: Houzeo’s home value estimator can get you a quick and free estimate of your property’s market value in 30 seconds.
There are no dealbreakers with Houzeo.
» Houzeo Pros and Cons: Read the advantages and disadvantages of choosing Houzeo to sell your home for cash.
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
With Houzeo, you can connect with Florida’s best cash home-buying companies and individual investors. You can also get multiple competitive offers for your home. This increased exposure helps you get maximum profit.
2. Florida Cash Home Buyers
LOCAL CASH BUYER
Service Fee: None4.9/5
Florida Cash Home Buyers provides quick cash offers for distressed homes, based on the property’s After Repair Value (ARV). Sellers can expect offers below market value.
- Typical Offer: 65% to 80% of Fair Market Value (FMV)
- Service Fee: None
- Eligibility: Florida Cash Home Buyers offers cash for properties with structural issues, bad mortgage financing, inherited properties, homes facing foreclosure, etc.
- Closing Offer Terms: Florida Cash Home Buyers offers a closing period of 15 to 30 days, depending on your urgency and the chosen offer package.
👉 Our Take: Florida Cash Home Buyers is a good local “We Buy Houses in Florida” company to sell your distressed property fast. However, beware of lowball cash offers.
- Fast Cash Offers: Florida Cash Home Buyers provides no-obligation cash offers within 2 days. Many sellers have received offers within hours of submitting their property details on their website.
- Flexible Closing: This cash buyer lets you sell your home according to your timeline – whether you want to sell in 15 days or 30 days.
- Statewide Coverage: Florida Cash Home Buyers purchases properties in 100+ markets in the Sunshine State.
- Zero Service Fees: When selling to Florida Cash Home Buyers Com, you don’t have to pay any service fee. You also save money on repair and closing costs.
- Lowball Cash Offers: This Florida house cash buyer may extend lowball cash offers of around 65% to 80% of the property’s fair market value. This is lower than what you could get on the open market.
- Limited Scope for Negotiation: Florida Cash Home Buyers extends “take-it-or-leave-it” offers. You can try to negotiate, but usually, they won’t budge.
» Florida Cash Home Buyers Pros and Cons: Here are some more pros and cons of Florida Cash Home Buyers that can help you make an informed decision.
Florida Cash Home Buyers has 4.9 stars out of 5 from 150+ reviews on Google Reviews.
» Florida Cash Home Buyers vs. Houzeo: Which is the better choice for you?
Florida Cash Home Buyers offers quick closures, cash advances, and flexible move-out dates. They specialize in inherited properties with free probate services. They also provide as-is sales with no repairs or seller disclosures.
3. House Heroes
NO HIDDEN FEES
Service Fee: None4.9/5
House Heroes is a local cash buyer in Florida. They extend quick cash offers within 24 hours after a property assessment.
- Fee: House Heroes has no service fees or hidden closing costs.
- Typical Offer: They extend offers that are 30% to 70% of the property’s fair market value.
- Eligible Properties: House Heroes purchases properties in any condition. This includes homes needing repairs, foreclosures, inherited homes, rental properties, and those sold due to urgent relocations or divorce settlements.
- Closing Offer Terms: Sellers can choose their preferred closing date.
👉 Our Take: House Heroes promises quick cash offers within 24 hours. However, the property assessment can delay your sale.
- Quick Offers: You can get a cash offer quickly, often within 24 hours of the property assessment.
- Transparent Fees: House Heroes has no hidden fees or commissions, ensuring clarity throughout the process.
- Flexible Timeline: When dealing with House Heroes, you can sell your house as is and choose your preferred closing date.
- Low-ball Offers: House Heroes may offer you a price that’s 30% to 70% below market value as they factor in the cost of repairs and resale.
- Limited Scope for Negotiation: House Heroes extends “take-it-or-leave-it” offers. You can try to negotiate, but usually, they won’t budge.
- Limited Coverage: This company buys houses only in Florida.
House Heroes has 4.9 stars out of 5 on Google Reviews, with 55 reviews.
» House Heroes Reviews: Are you getting a fair deal? Find out now.
House Heroes offers a fair, no-obligation cash offer for your home in as little as 24 hours. Sellers can skip repairs, mortgages, appraisals, and open houses when selling with them.
4. Opendoor
BIGGEST IBUYER
Service Fee: 5%4.4/5
Opendoor is the country’s biggest iBuyer. They offer cash for your home within 24 to 48 hours of submitting your details on their website. Opendoor is also flexible with closing timelines and move-out dates.
- Service Fee: 5% of the home sale price.
- Typical Offer: 70% to 80% of your property’s fair market value.
- 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 after their offer. The final offer may change after the home inspection.
👉 Our Take: Opendoor will likely make a cash offer on your home quickly. But you will end up leaving almost 20% to 30% of your home equity on the table.
- Broad Coverage: Opendoor makes cash offers for houses in 51 markets across the country.
- Flexible Closing Dates: Opendoor allows you to close at your convenience – up to 45 days after their offer.
- Late Checkout up to 14 Days: Opendoor lets you temporarily stay in your home for up to 2 weeks after closing.
- No Cancelation Fees: You can cancel the contract without any cancelation fee.
- 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 charges a steep 5% service fee for their services.
- 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 has a rating of 4.4 out of 5 stars on Reviews.io.
» Opendoor Reviews: Read customer reviews and our breakdown of Opendoor’s cash offer to make an informed decision.
Opendoor is a good option if your home needs minimal repairs. You can get approximately 80% of your property’s Fair Market Value. However, this means leaving thousands of dollars on the table. Their service fee is also a steep 5% of your home’s sale price.
5. We Buy Ugly Houses
NATIONWIDE COVERAGE
Service Fee: None2.6/5
We Buy Ugly Houses is a well-known cash home-buying company that helps homeowners sell their houses fast. It offers a fast, hassle-free sale without the need for repairs or renovations.
- Sell at $0 Commission: You can sell your home with a few photos and a basic property description without paying any agent commission.
- No Closing Costs: You don’t have to pay any closing costs as the company pays them.
- Typical Offer: 50% to 70% of your property’s fair market value.
👉 Our Take: We recommend We Buy Ugly Houses for a quick and hassle-free sale. You can negotiate the price for your home and close the deal without closing fees.
- Sell Your Home As Is: You can save thousands in repair costs by selling your distressed home as is.
- Cash Offer in Any Condition: You can get a cash offer, no matter what shape your home is in.
- Quick Closing Timeline: Once you accept the offer, you can sell your house within 2 weeks.
- Low Ball Offers: Cash offers are typically 50% to 70% of your home’s fair market value, depending on the condition and location of the house.
- Limited Negotiation: You might have less room to negotiate the final offer.
- Not Ideal for High-Value Homes: This option may not be best for homes in high-demand areas where you could get more by listing on the MLS.
We Buy Ugly Houses is rated 2.6 out of 5 stars on Yelp
» We Buy Ugly Houses Reviews: Read this in-depth review to learn more about them.
We Buy Ugly Houses has purchased over 150,000 homes for cash, in any condition. They operate in a few locations in the country, including Florida. They offer 30% to 50% of your home’s Fair Market Value if it requires extensive repairs.
Best Cash Home Buyers Near Me in Florida
| 1. Fort Lauderdale, FL | Cash Home Buyers Fort Lauderdale, FL |
| 2. Miami, FL | Cash Home Buyers in Miami, FL |
| 3. Orlando, FL | Cash Home Buyers in Orlando, FL |
| 4. Tampa, FL | Cash Home Buyers in Tampa, FL |
| 5. West Palm Beach, FL | Cash Home Buyers in West Palm Beach, FL |
| 6. Sarasota, FL | Cash Home Buyers in Sarasota, FL |
| 7. Pensacola, FL | Cash Home Buyers in Pensacola, FL |
| 8. Fort Myers, FL | Cash Home Buyers in Fort Myers, FL |
| 9. St Augustine, FL | Cash Home Buyers in St Augustine, FL |
Are Companies That Buy Houses for Cash in Florida Legit?
Yes, companies that buy houses for cash are legitimate and operate legally nationwide. The best home buying companies purchase distressed properties at a discount, renovate them, and then sell them for profit.
3 Types of Companies That Buy Homes in Florida
- We Buy Houses for Cash Companies: Cash buyers like HomeVestors and House Heroes purchase distressed homes, typically paying 30% to 70% of their FMV.
- iBuyers: iBuyers, such as Opendoor and Offerpad, provide instant cash offers between 70% and 80% of the FMV. They have strict eligibility requirements, limiting the types of homes they purchase.
- Home Trade-In Services: Companies like Knock or Orchard offer cash for your home before you move out. This helps you buy your new house without any delay.
4 Steps to Sell Your Home for Cash in Florida
Not sure how to sell your home for cash in Florida? Just follow these 4 steps:
- Find a Cash Home Buyer: Research all local companies buying houses for cash and opt for one with great client testimonials.
- Request an Offer: Once you’ve selected a cash buyer, request an offer on their website. You’ll have to provide information like the property type, number of rooms, asking price, etc.
- Schedule a Home Visit: A company representative will then inspect your house. The final cash offer will be based on the outcome of this inspection.
- Close the Deal: If you’re happy with the offer, finalize the deal. Remember to get all the paperwork for selling a house without a Realtor verified by a real estate attorney.
How Much Do Cash Buyers in Florida Pay?
Florida cash house buyers usually offer between 30% to 70% of a home’s After-Repair Value. However, it depends on factors like the company you’re selling to, their service fees, etc. Here’s how the After-Repair Value is calculated:
After-Repair Value (ARV) = Property Purchase Price (PPP) + Cost of Repairs (COR)
Imagine if you were selling your $410,900 home in Florida. With a traditional cash home buyer, you could get just $287,630. But on a cash buyer marketplace like Houzeo, you could get multiple offers, potentially driving your sale price to 100% of its FMV.
| Service Provider | Service Fee | ARV Estimate | Actual Offer |
| Cash Buyer | None | 70% | $287,630 |
| iBuyer | 5% | 80% | $328,720 |
| Houzeo | $749* | Up to 100% | $410,151 |
» Houzeo Reviews: Find out why Houzeo is Florida’s best cash buyer marketplace.
Pros and Cons of Cash Home Buyers in Florida
Given that more sellers are opting for cash buyers in Florida, here are some pros and cons you must consider before you sell with them:
✅ Pros
- Fast Cash Offers: “We Buy Houses for Cash” companies extend offers within 24-48 hours.
- Flexible Closing: Cash buyers in Florida close quickly and on your timeline. So you can sell your home anywhere between 7 days to 30 days.
- No Repair Costs: Most cash buyers purchase properties as-is. This eliminates the need for repairs, saving thousands of dollars.
❌ Cons
- Lowball Cash Offers: Florida cash house buyers typically pay only 30% to 70% of a home’s FMV. So you leave a significant amount of your home’s equity on the table.
- Non-Negotiable Deals: Such cash offers are usually take-it-or-leave-it. There’s little to no room for negotiation, which limits your ability to secure a better offer.
- Possible Closing Costs: Some cash buyers might force you to pay seller closing costs in Florida. Always check the terms, or you could be out 6.25% to 9%!
Common “We Buy Houses for Cash” Scams
Beware! Scammers can use enticing offers to trick you into losing money or property. Make sure that you verify every offer to avoid falling victim to these scams.
- Bait-and-Switch Offers: Scammers present appealing offers and then change them later, hoping you’ll accept out of desperation. Always verify the terms before you sell your house for cash or accept an offer.
- Deed Fraud: Fraudsters can sell or mortgage your home without your consent using convincing fake documents. To prevent this, always consult trusted cash home buyers and work with professionals.
- Loan-Flipping Scams: Some scammers may pressure you to sell your home fast for cash by refinancing repeatedly. They manipulate you into financial distress by offering loans that drain your equity. Always consult a trusted advisor before agreeing to any cash for homes deal.
- Email Phishing: Scammers send fraudulent emails pretending to be agents, title companies, or lenders. They trick you into wiring money or providing personal details for fake services. Always confirm the authenticity of any cash offer for home via a phone call.
Selling a house for cash requires proper exposure to trustworthy buyers. You deserve a transparent, reliable process. Ensure your property reaches the right audience for the best possible deal.
Alternatives to Companies That Buy Houses for Cash in Florida
- Flat Fee MLS Services: You can get up to 100% of your home’s FMV with a Florida Flat Fee MLS listing service. Your home is visible to multiple cash buyers, increasing your offers.
- For Sale By Owner: In a FSBO sale, you’ll have to opt for “DIY” marketing strategies like using yard signs, word of mouth, open houses, etc. Florida FSBO websites also limit your home’s exposure, which lowers your home sale price.
- Full-Service Realtors: They provide various services from listing to closing, but charge a hefty 5% to 6% commission.
- Discount Real Estate Brokers: They offer services like contract review and negotiation for a lower fee than traditional agents. Discount brokers in Florida charge between 0.5% to 2.5% as commission.
Should You Sell to Cash Home Buyers in Florida?
Yes, you can sell to cash buyers. But say goodbye to 30% to 70% of your home’s equity. That’s the price you pay for a quick sale. On the other hand, on a cash buyer marketplace, you can get multiple offers, sell fast, and potentially keep more money.
Frequently Asked Questions
Which is the best company that buys houses for cash in Florida?
Houzeo is the best cash buyer marketplace in Florida. Companies like Florida Cash Home Buyers and House Heroes are other great options for selling homes for cash.
How can you sell to companies that buy houses for cash in Florida?
To sell to companies that buy houses for cash, first research local cash buyers in Florida or use a cash buyer marketplace. Then, submit your home’s information and get an offer within 24-48 hours. You can complete the sale in as little as a week once you finalize the agreement.
How fast can I sell my Florida house?
You can sell your house fast for cash in Florida within 7 to 30 days with a cash home buying company. However, you get only 30% to 70% of your property's Fair Market Value. To get a higher price, sell to a cash buyer marketplace like Houzeo and attract multiple cash offers.
What to look for when choosing cash home buyers?
Look for legitimate cash home buyers that have a great reputation in the industry. They should have positive customer reviews on platforms like Google and Trustpilot that highlight their transparent processes and fair offers.
