21 min read Jul 19, 2022

13 Best Companies that Buy Houses for Cash in Florida

Cover - Companies that buy houses for cash in Florida - 2022 Updates

Florida’s median home price is hovering around $819,000, and the market is ripe for selling your house for cash.

In this guide, we compare all companies that buy houses for cash that are operating in Florida. We have created this guide based on our research and experience listing thousands of properties.

» Jump To:

Rankings: 13 Best Companies that Buy Houses for Cash in Florida

CompanyPotential Offer PriceService FeesClosing Time100% Online5-star ReviewsMobile App
1. Houzeo.com100% of Market Value$349 Flat Fee5-60 days
2. Opendoor90% of Market Value5% of Sale Price14-60 days
3. Offerpad90% of Market Value5% of Sale Price14-60 days
4. RedfinNow70% to 80% of Market Value5%-13% of Sale Price10-90 days
5. Zillow Offers90% to 110% of Market Value1.5%–9% of Sale Price7-90 days
6. Express Homebuyers70% to 80% of Market ValueNone7-60 days
7. South Florida Cash Home Buyers70% of Market ValueNone7-60 days
8. House Heroes70% to 90% of Market ValueNone7-60 days
9. We Buy Houses50% to 70% of Market Value6%-11% of Sale Price7-14 days
10. Florida Cash for Home50% to 80% of Market ValueNone7-60 days
11. Florida Cash Home Buyers50% to 70% of Market ValueNone7-60 days
12. FL Homebuyers60% to 80% of Market ValueNone7-60 days
13. ASAP Cash Home Buyers50% to 80% of Market ValueNone7-60 days

* Customer Ratings above 4.5 out of 5

💸Get a Competitive Cash Offer with Houzeo


Houzeo.com syndicates your MLS listing to thousands of real estate websites and markets it to potential cash buyers!



START YOUR MLS LISTING NOW

Types of Cash Home Buyers

Real estate cash buyers have been trending for quite a while now. There are 5 types of homebuyers buying a house with cash:

  • Retail Cash Buyers: These are buyers who are looking to purchase your property as their primary home, or as a rental in a small portfolio. This is a fast-growing population. They typically have sold their property and have the cash to pay down, or are using one of the innovative new-age financing companies to pay the cash upfront like Knock or Flyhomes. These home buyers will typically pay the full Fair Market Value (FMV) of your property, and sometimes even more – if your property is very desirable.
  • Traditional “We Buy Houses for Cash” Companies: These cash home buyers are conventional in their approach, unlike iBuyer companies. With an all-cash offer, they buy distressed houses such as homes facing foreclosures, inherited homes that need repairs, or couples going through a divorce. Local cash buyers will offer a cash deal, but only about 50% of your home’s fair market value. Such cash home buyers are looking for a way to make more money by re-selling the property with minimal expenses for repairs.
  • iBuyers: iBuyers are companies that buy homes for cash with instant offers flexible with your closing dates and will flip the house after purchase. By harnessing technology, iBuyer companies have made it easier for sellers to get fast cash and complete the sale in a hassle-free way.
  • National Investors: These investors will be paying cash for a house and holding the property as a rental. This enables a steady income stream to recover the cash for your house.

Reviews: 13 Best Companies that Buy Houses for Cash in Florida

1. Houzeo.com

🎖️ MAX EXPOSURE TO CASH HOME BUYERS

Houzeo

logo image
  • Listing Fee: $329
  • Available in 80+ U.S. Markets
  • 5stars 4.9/5 (out of 2,896 Reviews)

📍 Houzeo is the #1 choice for home sellers seeking the maximum cash for their houses and the best offer terms.

Houzeo.com is the most popular and competitive platform for sellers looking for affordable full-service companies with maximum exposure to cash buyers and minimum real estate agent interaction.

🔑 Maximum Exposure to Cash Buyers: Houzeo.com provides unparalleled exposure for your property by listing it on the MLS. Cash home buyers hunt for properties on the open market, and Houzeo brings you one step closer to reaching your potential cash buyer.

💰 Best Price for Your Cash Sale: When you list with Houzeo.com, your MLS listing is syndicated to thousands of real estate websites like Zillow, Trulia, Realtor.com, Redfin, etc. So, along with more exposure, you get an opportunity to close at the best price. You could get the best cash deals in such a competitive buying market.

Best Offer Terms for Your Cash Sale: Houzeo has limited restrictions, so your sale’s legal terms and conditions can be quite flexible. In the case of cash home buyers, you can finalize the house sale with reasonable moving-out timelines and closing dates.

🧾 Proven Track Record with Cash Buyers: Houzeo has seen many cash home buyers, and iBuyers like Opendoor and Offerpad make offers on properties listed on Houzeo.com. Houzeo has a proven track record for cash home buyers with competitive full cash deals.

Other Offerings:
💰 Home sellers can list their homes on the MLS for a small flat fee and save on 50% agent commissions right away.
📦 Packages can be customized as per the requirements of the home sellers making it easy to opt for services like contract reviews, professional photography, pricing assistance, etc.
📱 Houzeo’s seller dashboard is intuitive and allows them to receive, review and compare offers. You can also make contract updates, counteroffers, home showings, lockboxes, yard signs, etc.

🏆 Best For: Florida home sellers seeking maximum cash for their properties with zero hidden fees, 100% automated process, and timely customer support from Houzeo Concierge.

» SAVE:  Start your free listing on Houzeo.com today!

  • Nationwide coverage
  • Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other sites
  • Quick listing (within a day with concierge)
  • Savings on commissions
  • 100% online – easy listing, fast changes, online showings, and online offers
  • Mobile app availability

Houzeo has a 4.9 out of 5 rating on Google & Trustpilot.

Houzeo is available nationwide with coverage of 80+ markets.

Introducing the Houzeo Mobile App!

  • View your listing
  • Manage your showings online
  • Review and compare offers
  • Counter an offer
  • NEW! Buyers can now search your property and save it in “Favorites”

Start Your FREE Listing NOW!

💸Avail Competitive Cash Offers for Your House



Houzeo syndicates your MLS listing to thousands of real estate websites and provides unparalleled exposure to cash buyers!


START YOUR MLS LISTING NOW

🥈 The 4 Best iBuyers in Florida

iBuyers are institutional house flippers with technologically advanced models for home values. They are changing the “we buy houses for cash” industry with offers an average of 90% to 104.1% of the home’s market value.

If an iBuyer covering Florida also operates in the area where your property exists, then these companies are your best chance to get a reasonable cash offer quickly.

2. Opendoor

📢 IMPORTANT: Opendoor operates in Florida but has strict purchase criteria, so your property may not always get an offer from this iBuyer.

BIGGEST IBUYER

Opendoor

Opendoor Logo
  • Service Fee: 5%
  • 📍 Coverage: 45 markets
  • 4 Stars 4.4/5 (out of 2,820 reviews)

Opendoor is the country’s first and biggest instant Buyer (iBuyer), offering cash for houses. Founded in 2014, Opendoor introduced the iBuying model, i.e., instant cash for homes by leveraging market data and technology. However, Opendoor’s final cash offer is calculated after deducting closing costs, typically 6% to 13%.

  • Service Fee: 5% of Home Sale Price
  • Typical Offer: 90% to 100% of Fair Market Value (FMV)
  • Types of Properties Purchased: Opendoor offers cash for houses only in desirable neighborhoods. Opendoor will prefer a pretty house that needs minimal repairs, so home sellers with distressed properties may not receive a cash offer.
  • Closing Date & Offer Terms: Opendoor provides a flexible closing date, up to 45 days out. Opendoor’s offer terms are inflexible. In addition, the terms can change significantly after the home inspection.
  • Limited Coverage: Opendoor only covers 50 markets.

👉 Our Take: Opendoor could be the best company to sell your house fast if they purchase properties in your zip code. Remember—an MLS listing on Houzeo.com will automatically put you in front of Opendoor and other iBuyers for an instant cash offer.

» Opendoor Reviews: Everything you need to know about America’s biggest iBuyer

  • Excellent for experienced home sellers with pretty houses
  • Fantastic UI experience and seamless home selling & buying platform
  • Opendoor preliminary cash offer is received by sellers within 24 hours
  • The repair cost breakdown isn’t disclosed in the offer
  • Not suitable for first-timers or FSBO sellers
  • The sales process may feel rushed, and the home seller has negligible control over the sale
  • The difference between Opendoor’s preliminary offer vs. final offer can be humongous
  • Only offers cash for houses that are in Opendoor’s coverage.

Opendoor has an average rating of 4.4 out of 5 stars with 2,820 reviews on Reviews.io.

👎 Limited Coverage: Opendoor offers cash for houses only in 50 markets, and some of the top markets are Boston, Albuquerque, Cincinnati, Indianapolis, Birmingham, Modesto & Stockton, Galveston, etc.

👍 Rankings of Local Cash Buyers: In case Opendoor doesn’t cover your zip code, you can consider local companies that buy houses for cash:

3. Offerpad

FAST CLOSING

Offerpad

Offerpad-Logo
  • Service Fee: 5%
  • Close in 10 days
  • 4.5 Stars 4.6/ 5 (out of 165 reviews)

Founded in 2017, Offerpad is a real estate cash buyer that buys houses for cash. Known for its fast closing schedule, Offerpad is backed by a team of knowledgeable in-house market specialists and extensive housing market data. Offerpad’s patented evaluation tool generates an initial offer price, but Offerpad’s final cash offer is calculated after deducting closing fees, typically 6% to 13%.

  • Service Fee: 5% of Home Sale Price
  • Typical Offer: 80% to 100% of Fair Market Value (FMV)
  • Types of Properties Purchased: Offerpad offers cash for houses only in desirable neighborhoods. Offerpad will prefer a pretty house that needs minimal repairs, so home sellers with distressed properties may not receive a cash offer.
  • Closing Date & Offer Terms: Offerpad provides a fast closing date, up to 45 days out. The earliest a homeowner can close on the cash offer is ~7 days. Offerpad’s offer terms are inflexible, and the initial cash offer terms may change significantly after the home inspection.
  • Limited Coverage: Offerpad only covers 22 markets.

👉 Our Take: Offerpad could be a good option if they offer cash for properties in your zip code. Remember—an MLS listing on Houzeo.com will automatically put you in front of Opendoor and other iBuyers for an instant cash offer.

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

  • In just 10 days, you can close your house sale
  • 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. While we don’t have state-specific reviews, the general review about working with Offerpad is positive, with fair cash offers and flexible closing dates.

👎 Limited Coverage: Offerpad buys houses for cash in 21+ markets in 16 states: AL, AZ, CA, CO, FL, GA, IL, ID, KS, MO, NV, NC, OH, SC, TN, and TX.

👍 Rankings of Local Cash Buyers: In case Offerpad doesn’t cover your zip code, you can consider local companies offering cash for houses:

4. RedfinNow

📢 IMPORTANT: RedfinNow operates in Florida but has strict purchase criteria, so your property may not always get an offer from this iBuyer.

AS-IS IBUYER

RedfinNow

Logo - RedfinNow
  • Service Fee: 5% to 13%
  • Closing in 10 days
  • 2.5 Stars 2.4 / 5 (out of 8 reviews)

RedfinNow, the “as-is iBuyer,” is the extended iBuying arm of Redfin, America’s largest discount brokerage firm. Homeowners can get reasonable cash offers for all types of properties because, unlike the other iBuyers, RedfinNow also buys vacant homes. The cash offers are fairly competitive, but RedfinNow’s service fees may go up to 13%.

  • Service Fee: 5% to 13% of Home Sale Price
  • Typical Offer: 70% to 90% of Fair Market Value (FMV)
  • Types of Properties Purchased: RedfinNow offers cash for homes, no matter how distressed the property is. They’ll prefer a house that needs minimal repairs, but they’re infamous for making cash offers on distressed properties.
  • Closing Date & Offer Terms: RedfinNow provides a flexible closing date, up to 45 days out, and sometimes even as early as 14 days. RedfinNow’s offer terms are rigid and can change significantly after the home inspection.
  • Limited Coverage: Redfin is the second-largest iBuyer by coverage & covers 30+ markets.

👉 Our Take: RedfinNow looks appealing, but the service fee is directly proportional to how severely distressed your property is. Houzeo’s MLS listing increases your chances of getting a better cash offer because investors scouring the MLS usually don’t care about the condition of the property.

» RedfinNow Reviews: Is RedfinNow the Best Cash Home Buyer in 2022?

  • Purchases properties as-is, with more stringent formalities than other iBuyers.
  • Ninety-day flexible closure window
  • Fees might be as high as 13% of the total amount.
  • No incentives even if you trade in your home.
  • As a “late checkout” you can rent your house for up to 14 days from the final offer acceptance date.
  • Best for home sellers looking for a fast, predictable cash sale
  • RedfinNow’s representatives evaluate your home and make a cash offer on your house based on Redfin’s home pricing formula.

RedfinNow has a poor rating of 2.4 out of 5 stars on TrustPilot.

👎 Limited Coverage: RedfinNow is the second-largest iBuyer (coverage-wise) and buys homes for cash in 30+ markets across AL, AZ, CA, CO, FL, GA, ID, IN, MN, MO, NV, NC, OH, OK, OR, SC, SD, TN, TX, UT, VA.

👍 Rankings of Local Cash Buyers: In case RedfinNow doesn’t cover your zip code, you can consider local companies offering cash for houses:

5. Zillow Offers

🛑 NO LONGER AVAILABLE

Zillow Offers

Zillow
  • Service fee: 9% to 13%
  • Close in just 7 days
  • No credible reviews found.

🛑 CLOSED: Zillow Offers shut down in November 2021. Zillow stopped buying houses due to losses worth $881 million

Zillow, the largest real estate marketplace, launched an iBuying service called Zillow Offers in 2018 and entered the cash home buyers space. This was a quick option for eligible homeowners to get cash for their houses with a flexible closing timeline.

  • Service Fee: 9% to 13% of Home Sale Price
  • Typical Offer: 80% to 110% of Fair Market Value (FMV)
  • Types of Properties Purchased: Zillow offers cash for houses on pretty homes & land/lot properties in desirable locations. Home sellers with distressed properties may not receive Zillow’s cash offer.
  • Closing Date & Offer Terms: Zillow Offers provides a flexible closing date, up to 90 days out. The offer terms are inflexible, and may change significantly after the home inspection.
  • Limited Coverage: Zillow only covers 12 markets.

👉 Our Take: Zillow Offers may seem appealing, but the unpredictable service fees and hefty closing costs make this iBuying company a questionable choice.

» Zillow Reviews: Is Zillow the Best for Selling Your Home as Owner?

    • Flexible closing window (7-90 days)
    • Cash offer calculated with home evaluation tool, Zestimate.
    • Cash offer in just 24 to 48 husiness hours
    • Dedicated Zillow Offers advisors for every customer
    • High fees — up to 13% of the total sale price
    • Strict home eligibility criteria
    • Little to no opportunity to negotiate on price
    • Zillow’s final cash offer is calculated after deducting closing costs and service fees, typically 10% to 14%.

The average service fee of Zillow Offers is 7.5%

Zillow Offers has no verifiable customer reviews on popular review websites like Google or Trustpilot.

👎 Limited Coverage: Zillow Offers is available in major cities across AZ, CA, CO, FL, GA, MN, NV, NC, OH, OR, TN, and TX.

👍 Rankings of Local Cash Buyers: In case Zillow Offers doesn’t cover your zip code, you can consider local companies offering cash for houses:

💲Market to the Biggest Pool of Cash Buyers!


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


Start Your MLS Listing NOW!

Which Homes Qualify for Most iBuyers in Florida?

Each iBuyer has different purchase criteria, but typically, iBuyers only purchase owner-occupied homes that may require minimal or no repairs.

Generally, the purchase criteria of iBuyer companies are similar.

  • 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 (but can be as high as $1.4 million in some markets)
  • Occupancy: Owner-occupied

iBuyers could make exceptions in some markets, so it’s best to request an offer from an iBuyer near you. Several iBuyer company reviews mention that the homes which don’t qualify end up on the open market.

How Much Do iBuyers Pay in Florida?

Using advanced technology, iBuyers project a home’s value through AMVs (Automatic Valuation Models).

An AMV will use a large pool of data to analyze the strengths and the pitfalls of a property, check historical price trends, and determine the value of a property.

📈 Price Valuation Models of iBuyers

An iBuyer or iBuying company uses its proprietary algorithm to price homes and make offers based on local sales data while ensuring they calculate re-selling profits. The company will decide whether your home is worth purchasing based on millions of data points and decade-long historical price trends, as Opendoor has explained in their blog.

Essentially, technology and data go hand-in-hand while calculating your home’s worth. Traditionally, real estate professionals or brokers viewed local sales data and determined the appropriate listing price. AMVs work exactly like that, only fast and effortless.

It also depends on how easy it will be to sell your house. Instead of buying low like we buy houses for cash companies, and renovating to sell at high rates, iBuyers focus on homes that only need a little bit of work– so they can sell them quickly, without any additional investment.  

Since they have so much capital, they can focus on easy sales and volume to make money. After that, the iBuyer makes an offer to give you cash for your house.

Usually, iBuyers offer 80% to 98% of the house’s fair market value. This value rose to 104.1% in 2021 and will keep rising as iBuyer companies continue to expand in more markets.

The question remains, will the service fees also rise as iBuyer companies expand their reach?

    👉 IMPORTANT: You can get 100% or more than the fair market value if you list your house on the open market. Flat Fee MLS services like Houzeo.com let you list your house on the MLS in under 60 mins!

💸Get a Competitive Cash Offer with Houzeo


Houzeo.com syndicates your MLS listing to thousands of real estate websites and markets it to potential cash buyers!



START YOUR MLS LISTING NOW

 

How Much are iBuyer Fees in Florida?

OfferPad, Opendoor, and Zillow Offers are some great examples for iBuyers, and iBuyer fees highly depend upon your property’s condition and location.

Typically, you can expect the final service fees to be under 10% of the home’s sale price.

👉 Pro Tip: If you list with a flat fee MLS platform, you save 50% commission right away and only have to pay 2.5% to 3% of the home’s sale price to the buyer agent. This is much lesser than closing costs associated with iBuyers, which can be as high as 18% of the home’s sale price.

🥉 The 8 Best We Buy Houses for Cash Companies in Florida

We buy houses for cash companies in Florida and pay significantly lower than what you can get for your house on the open market.

With cash offers as low as 50%, these companies are ideal only if you have distressed homes or properties lying in difficult-to-sell locations.

6. Express Homebuyers

INVESTOR NETWORK

Express Homebuyers

express homebuyers logo
  • Available nationwide
  • Offers made in 7 minutes
  • Closing within 7 days

Express Homebuyers are based out of Virginia, and operates a network of local investors across the country. Since 2003, the company has helped 4000 home sellers get reasonable cash offers in a hassle-free way.

The company even buys houses that are damaged during floods and hazards, making them the best choice for desperate home sellers with ugly properties.

📍 Express Homebuyers operates nationwide and counties like Fort Lauderdale, Miami, Jacksonville, Pensacola, and Tallahassee in Florida.

⚡ Express Homebuyers has a 3-step process wherein you request a cash offer from them, an agent connects with you and offers you a full cash deal within hours. They have made offers within 7 minutes! Once you accept their cash offer, they will forward you the title insurance fees—typically $2,500, an advance on the selling price. You get the rest of the money once settlement happens, which can be as soon as 7 days.

Best For: Distressed sellers who want to sell their houses quick and hassle-free to a national cash home buyer.

Pros

  • Free, no-obligation offer for damaged properties as well
  • Closing costs covered by the company
  • Available nationwide

Cons

  • No control over quality of service, state-wise
  • Pesters home sellers when they deny the cash offer
  • Makes absurdly low-ball offers for ugly houses

There are no Florida-specific reviews, but Express Homebuyers has garnered positive and negative reviews in other states. Sellers have noted reasonable prices, fast closing times, and professional staff known for their communication skills.

The primary complaint about this company is that they don’t readily accept a “No” from the home seller and continue to pester them.

Express Homebuyers operates across Florida, including Fort Lauderdale, Miami, Jacksonville, Pensacola, and Tallahassee counties.

7. South Florida Cash Home Buyers

VETERAN REAL ESTATE CASH BUYER

South Florida Cash Home Buyers

south florida cash home buyers logo
  • Available in Miami and Browade
  • Offers made in 24 hours
  • Closing within 7 days

South Florida Cash Home Buyers is a local, Florida property investor that buys homes for cash in Miami/Dade and Browade counties. It’s a family-owned business and the company’s leader has been buying distressed properties since 2008.

You get an instant cash offer for your house when you fill a form on their website or call them directly. Because of their quick process and real estate expertise acquired on the ground, this company has become the go-to cash home buyer in Miami.

📍 South Florida Cash Home Buyers is based out of Miami, and they purchase homes in the Miami/Dade county.

⚡ Once you request an offer, a representative from South Florida Cash Home Buyers will schedule an appointment for a home walkthrough. If your home meets their purchase criteria, you will receive a fair, no-obligation offer within 24 to 48 hours and can close within 7 days.

Best For: Sellers who want to sell their property “as is”, especially in the vicinity of the Miami beaches.

  • Free, no-obligation offer
  • Close in as little as seven days, or earlier if possible
  • Available in North Miami, Miami Gardens, and North Miami beach
  • Strict criteria for purchasing homes (no structural damage, no homes pre-1930, etc.)

No credible ratings found online, but their testimonials paint a pretty picture

South Florida Cash Home Buyers are available in the Miami/Dade and Browade counties.

8. House Heroes

TRUSTED LEGACY BUSINESS

House Heroes

house heroes logo
  • No Closing Costs
  • Offers made in 24 hours
  • Flexible Closing

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.

Headquartered in Sunny Isles Beach, this family-owned brand has been buying homes in Florida since 2013. They allow flexible closing dates, from a week to several weeks in the future and make honest cash offers. The company has an A+ rating on BBB.

📍 House Heroes primarily operates in South Florida, but also buy properties in parts of California, Massachusetts and more.

⚡ House Heroes will make an initial offer on your home within 24 hours of contacting them. They claim that they offer honest, no-obligation deals to make the sale profitable for both the parties. Closing happens within a week or at a flexible schedule as decided by the homeowner.

Best For: Sellers who want to maximise gains on houses in poor conditions lying around Florida and California.

Pros

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

Cons

  • The company has no standards to govern how transactions are conducted.
  • Service is great in Florida, but questionable in other states.

House Heroes make reasonably fair cash offers and they have an exclusive section of customer stories which reinforce the same perspective.

House Heroes operates in Florida, California and Massachusetts, more details here.

9. We Buy Houses

POPULAR CASH BUYER

We Buy Houses

we buy houses logo
  • Available nationwide
  • Offers made in 24 hours
  • Flexible closing

We Buy Houses is an infamous we buy houses for cash company that has 2700 offices across the nation. With a pre-vetted investor network, they are known to make cash offers as good as 50% to 80% of the fair market value (repair costs excluded).

While the primary company, We Buy Houses doesn’t exercise control over how much their investors offer, they do reserve the right to rescind licenses if investors don’t meet their ethical standards. So, your house is pretty much in good hands if the investors operating in Florida adhere to their standards.

📍 We Buy Houses operates nationwide and has ~150 offices in Florida. Each franchise office operates independently.

⚡ Time to offer is 24 to 48 hours with flexible closing timeline, typically 7-14 days.

Best For: Sellers willing to sell the house as is and don’t mind leaving some money on the table.

»LEARN MORE: We Buy Houses Reviews: What do customers say about this cash buyer?

Pros

  • Free, no-obligation offer in 24-48 hours
  • Closing in just seven days
  • No need to worry about repairs
  • Available nationwide

Cons

  • Little to no room for negotiations
  • Offers are made by investors on different parameters and not all We Buy Houses cash offers follow a “standard” approach while evaluating a house
  • Exclusive licensees, so you might get just 1 office in your locality

Majority reviews about We Buy Houses are positive, with customers saying that the We Buy Houses investor they worked with was quick and professional.

A negative review we came across was with a home buyer who purchased a home from We Buy Houses and felt that the repairs they made before selling were cheap.

We Buy Houses has around 150 independently operated offices in Florida.

10. Florida Cash for Home

LOCAL EXPERTS

Florida Cash for Home

Florida Cash for Home Logo
  • $30,000 Direct Cash Advance
  • Offers made in 48 hours
  • Closing within 7 days

Florida Cash for Home is a cash home buyer based out of Hollywood, South Florida, and has been buying homes for cash as is since 2013. They have a significant impact on the Florida real estate market because of local expertise acquired over the years.

The company offers direct cash advances of $30,000 to demonstrate their seriousness in buying the house. Florida Cash for Home buys properties in all conditions. By making a quick cash offer, they help you get rid of your troubled houses. After taking the houses from you, the company renovates and resells the house on the open market.

📍 Florida Cash for Home buys homes throughout Miami-Dade, Broward and Palm Beach counties in Florida.

⚡ Once you request an offer from Florida Cash for Home, you will receive a call from one of their Home Specialists. After that you will get a proposal and a sales agreement is made. The process is 100% online. You can close at your own time.

Best For: Home sellers who need cash quickly in exchange of selling their house as is.

Pros

  • Free, no-obligation offer
  • Close in as little as 7 days, or longer if you need it
  • No closing costs

Cons

  • The company has no standards to govern how transactions are conducted.
  • Properties of their database could be occupied with unauthorised tenants

Customer reviews of Florida Cash for Home are largely positive with the general theme being fair offers, friendly and helpful team, and quick respond to customer time.

Florida Cash for Home buys homes throughout Miami-Dade, Broward and Palm Beach counties in Florida.

11. Florida Cash Home Buyers

DIRECT CASH BUYER

Florida Cash Home Buyers

Florida Cash Home Buyers
  • Direct Cash Buyer
  • Offers made in 24 hours
  • Flexible Closing

Founded in 2014, Florida Cash Home Buyers LLC is Gabe and Omer’s real estate venture that aims to unconventionally solve 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 home selling process. The company takes care of all the repairs, commissions, and associated closing costs. They also do charity and believe it is integral to give back and serve the community.

📍 Florida Cash Home Buyers buys homes in various counties across Florida.

⚡ Florida Cash Home Buyers will make a cash offer within 24 hours typically. Once you accept the offer, you can decide on a closing date that fits your schedule. They pay 70% of the home’s fair market value, which is a reasonable cash offer.

Best For: Home sellers who want a hassle-free way to sell their house for cash fast in Florida.

Pros

  • Free, no-obligation cash offer made within 24 hours
  • No repair or closing costs
  • Available across Florida

Cons

  • Only operates in Florida
  • The company has no standards to govern how transactions are conducted.

No credible ratings were found online

Florida Cash Home Buyers buys homes in various counties across Florida.

12. FL Homebuyers

NO CLOSING COSTS

FL Homebuyers

FL Homebuyers Logo
  • No Closing Costs
  • Offers made in 48 hours
  • Flexible Closing

FL Homebuyers operate out of Florida and the founder of the company started his real estate journey in 2014. They aim to make home selling of distressed properties hassle-free and buy homes in poor conditions with instant cash offers.

They resell the houses on the open market after renovating them. Once you request an offer, they will schedule a showing for raising a cash offer. They avoid appraisals and inspections so that the closing can happen as soon as possible.

📍 FL Homebuyers operates in the state of Florida only.

⚡ Offers are offered within 48 hours. When you accept an offer from FL Homebuyers, they agree to buy the property as is and cover all closing costs. The closing timeline is flexible, and happens whenever the home seller is ready.

Best For: Home sellers in Florida who want to sell houses in poor conditions as is.

Pros

  • Free, no-obligation cash offer
  • Flexible closing dates
  • No Closing costs

Cons

  • The company has no standards to govern how transactions are conducted.

No credible reviews were found online

FL Homebuyers operates in the state of Florida only.

13. ASAP Cash Home Buyers

NATIONWIDE CASH HOME BUYER

ASAP Cash Home Buyers

ASAP Cash Home Buyers Logo
  • Available nationwide
  • Offers made in 5 minutes
  • Closing within 7 days

ASAP Cash Home Buyers purchases real estate in all 50 states, and are known to make cash offers in as quick as 5 minutes. An in-depth analysis and assessment of your property is scheduled and a cash offer is made. They offer between 60% to 80% of a home’s fair market value.

📍 ASAP Cash Home Buyers buys homes nationwide with over 31 counties across Florida.

⚡ Once you accept an offer from ASAP Cash Home Buyers, you can decide a closing date. There are no fees or charges that you have to pay, the company takes care of it all.

Best For: Home sellers who want to maximise the equity when selling to companies that are buying houses for cash in Florida.

Pros

  • Free, no-obligation offer made in 5 minutes, sometimes
  • No repair or closing costs
  • Available nationwide with coverage in 31 counties across Florida

Cons

  • No control over repair costs
  • The company has no standards to govern how transactions are conducted.

No credible ratings were found online

ASAP Cash Home Buyers buys homes nationwide with over 31 counties across Florida.

💲Market to the Biggest Pool of Cash Buyers!


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


Start Your MLS Listing NOW!

Are Companies that Buy Houses for Cash Legit?

Yes, cash buyers are legitimate and operate legally in America, and there are over 100 we buy houses for cash companies in Florida. However, there are scammers and companies not following the best practices in every industry. Cash house buyer scams exist, so you should never pay any costs when you request an all-cash offer.

As a consumer, you should do your research and inspect how the company operates.

📢 IMPORTANT: Offerpad operates in Florida but has strict purchase criteria, so your property may not always get an offer from this iBuyer.

Companies that Buy Houses for Cash in Florida

1. Fort Lauderdale, FLCompanies that Buy Houses for Cash in Fort Lauderdale, FL
2. Miami, FLCompanies that Buy Houses for Cash in Miami, FL
3. Orlando, FLCompanies that Buy Houses for Cash in Orlando, FL
4. Tampa, FLCompanies that Buy Houses for Cash in Tampa, FL

How Do Companies That Buy Houses for Cash Work?

“We buy houses for cash” companies often buy these properties at a way lower than the market price. Generally, they implement any necessary repairs and then resell them for a profit.

To have a better understanding, let us look into the workflow.

⭐ STEP 1- Fill out required details about your house

Most companies prefer to collect basic information about the house through an online form or over the phone. As soon as the evaluation ends, you will receive an early estimate of cash offers.

⭐ STEP 2- Review initial estimate

Once you get an estimated cash offer, you can choose to accept or reject it. These offers are generally non-negotiable.

⭐ STEP 3- Complete the inspection

If you accept the initial estimate, an onsite inspection is scheduled. A third-party inspector or a local representative from the company will complete the onsite inspection. If any necessary repairs are required, then your final offer will be adjusted accordingly.

⭐ STEP 4- Accept the final offer

If an offer meets your ideal requirements, then you just have to accept the company’s final offer, sign a purchase agreement, and schedule closing.

⭐ STEP 5- Close on your schedule

“We buy houses for cash” companies can pace up the process and provide more flexibility on timing. You even 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.

⏰ FASTEST WAY TO GET CASH OFFERS: Houzeo is 100% online. Complete listing formalities in <60 mins and market to cash buyers, including iBuyers!

How Much Do Companies That Buy Houses for Cash Pay?

Well, if you’re selling a home for cash, then practically, you should not expect to get the ideal market value for your home.

Companies that buy houses for cash often use the 70% rule. That means they’ll pay no more than 70% of your home’s market value. Moreover, sometimes there are repairs too. Cash buyer companies deduct these overhead expenses.

✍️  Formula – Ideal Market Value of Your House x 70% Offered by a cash buyer – Repairs Costs

Let’s take an instance,

Let’s say your house costs around $300,000 according to fair market value but requires about $25,000 in repairs. Then, you should expect a cash offer of only $185,000.

If you have a capital of $25,000 to incur in repairs, you can hold out and list your home with a licensed real estate agent. There’s another option of an open market where you can find a deal of as much or more than your home’s current market value.

Remember– You’ll need to pay commission and closing costs if you opt for an open market.

After repairs, some cash home buyers intend to pay even less than 70% of your home’s value. You usually receive cash offers with no obligations, so we recommend listing with multiple companies.

Selling to Local Real Estate Investors in Florida

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

  • 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 investors in online forums or through in-person meetups. These real estate cash buyers often purchase the property as-is, with instant offers and flexible closing timelines.

Since they are acquiring homes for less than the fair market value, they can drive a hard bargain. 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.

Selling a house is an overwhelming journey, and finding the right buyer can make it easier. If you feel that local investors are the best option for you, go for it! Or you can try flipping your house and re-selling it profits yourself!

» EXPLORE: Wanna Flip a House in 2022? Check Out Our Guide

Selling a Home in Poor Condition in Florida

Having a structurally unsound property with obnoxious items lying around can tempt you to sell your house to a We Buy Houses for cash company. You get to skip on the repairs and expensive upgrades but may lose the chance to get better offers on the open market.

A real estate agent can help you deal with an unwanted property without compromising on the sale price and opting for a low-ball offer. Your property directly gets exposure to 90% of potential buyers with an MLS listing. On an open market, you have the chance to get maximum cash for your distressed home.

⏰ BLAST PAST PAPERWORK: Houzeo is 100% online, and you can complete all listing formalities within <60 mins. Start NOW!

What about Selling My House with a Florida Real Estate Agent?

It depends! If you are looking to sell your house at a top-dollar rate, listing on the MLS is the best option. You should always check the contingencies and be choosey about which company to work with.

Although the speed of the sale isn’t as fast, this option is ideal if you wish to earn more with minimal expenses. But if you choose a real estate agent, you will end up paying 6% commission as a home seller, and that’s just lesser money in your pocket!

Using a flat fee MLS platform like Houzeo.com, you can list your house on the MLS for a one-time, flat fee and save on the 3% listing agent’s commission right away.

💲Market to the Biggest Pool of Cash Buyers!


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


Start Your MLS Listing NOW!

Companies that Buy Houses for Cash: Pros and Cons

✅ Quick, Hassle-free Sale

Once you accept the cash offer on the house, the home selling process becomes seamless. With a traditional model, you have to list on the MLS and wait for potential buyers. In the case of cash home buyers, this process gets eliminated. After submission of details on their website, you’ll get an instant offer, and closing can happen as quickly as two weeks.

🖋️ Important Note: iBuyers like Opendoor and Offerpad have made full cash offers on the properties listed on Houzeo.

⏰ FASTEST WAY TO GET CASH OFFERS: Houzeo is 100% online. Complete listing formalities in <60 mins and market to cash buyers, including iBuyers!

✅ Fast Closing

Companies that buy houses for cash in Florida move faster than others because there is no longer a need to wait for any mortgage approval or listing paperwork. Many companies do provide a one-month closing guarantee or even go up to two weeks.

The speed of the sale makes cash house buyers appealing to home sellers in desperate need of liquidity.

⏰ BLAST PAST PAPERWORK: Houzeo is 100% online, and you can complete all listing formalities within <60 mins. Start NOW!

✅ Certainty of Sale

When dealing with iBuyers, the chances of your transaction going astray are lesser compared to the conventional model of selling a house.

There is an assurance that your property will close with cash home buyers, and you will have hard cash in hand. In contrast, when selling on the open market, you have to prep your home, list it on the MLS, and wait for the right offer. Even after going through this, there is no guarantee that the sale will happen.

With an iBuyer, you can accept the offer and sell immediately. Greater certainty that the deal won’t fall through due to financing makes iBuying a convenient alternative to traditional real estate.

✅ No Upfront Costs

Whether it’s a traditional broker or a flat fee MLS company, a home seller has to incur costs while listing the house and prepping for sale. Cash home buyers acquire your home as-is, so you don’t have to spend money beforehand.

Required repairs, curb appeal, upgrading furniture, and staging are some elite expenses you avoid when you choose companies that offer cash for houses to get a top-dollar deal for your home.

⛔ Non-negotiable Cash Offers

When dealing with iBuyers, the deal is usually take-it-or-leave-it. Although there may be room for negotiations, you can’t expect more than 70% of the market value of your home. Because iBuyers have to sustain their business model, they usually provide final offers.

If you feel the company overlooked something important, some will allow you to make your case and submit additional evidence to support it; however, most will be unwilling to budge on price.

👉 Pro Tip: When you list on the open market, there is an opportunity to negotiate cash offers and avail better rates than with companies that buy houses for cash.

⛔ Lower Sale Prices

Companies that buy houses for cash in Florida generally pay 50% to 70% of the market value of your home, deducting all repair, utility, and re-selling expenses. Since 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.

iBuyers generally offer 90% to 98% of the house’s fair market value, but these cash offers depend on the location of the property.

👉 Pro Tip: You can receive maximum cash for your house when your property is listed on the MLS and also negotiate with the potential buyer.

💲Market to the Biggest Pool of Cash Buyers!


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


Start Your FREE Listing NOW!

 

⛔ Strict Purchase Criteria

There are certain prerequisites a home must adhere to if an iBuyer is to buy it. Most iBuyers only offer cash for relatively newer properties (post-1930), worth less than $500,000-$600,000 and less than 1.5 acres. Because of the stringent purchase criteria, many homes don’t qualify for sale.

👉 Pro Tip: 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.

⏰ BLAST PAST PAPERWORK: Houzeo is 100% online, and you can complete all listing formalities within <60 mins. Start NOW!

⛔ Limited Coverage of iBuyers

iBuyers only purchase homes in the markets they operate in. This means that you won’t stand a chance if your property lies outside of their coverage. Most iBuyers operate in select US cities, so iBuying is not a choice for the majority of Americans.

👉 Pro Tip: Houzeo offers nationwide coverage and increases the chance of getting the maximum cash for your house. Houzeo.com has digitized the comprehensive listing paperwork and made the home selling journey seamless.

💲 FASTEST WAY TO GET CASH OFFERS: Houzeo is 100% online. Complete listing formalities in <60 mins and market to cash buyers, including iBuyers!

💀 Beware: Cash for Houses Scams

Cash home buyers are legitimate, but there are scammers in every industry, and that’s how cash for houses scams work. Typically, these scammers post signs and blast emails with a “we buy houses for cash in Florida” ad. Families in need of liquid cash or struggling to make their mortgage payments fall for this and lose control of their house.

There are cases when “cash for houses” companies have leased the property to a new tenant, and the owner is still responsible for making the mortgage payments. Don’t get lured by such deceptive ads; thoroughly investigate the company before signing any legal documents.

💸 Maximize Your Cash Offer with Houzeo


In Florida, 90% homebuyers start online. Houzeo.com syndicates your MLS listing to thousands of real estate websites and increases the visibility of your property.


Want to sell your house for maximum cash?


START YOUR MLS LISTING NOW

 

MLS vs. iBuyers vs. We Buy Houses for Cash Companies

📈 Listing on the MLS

Listing on the open market is the best way to maximize your cash offer because your MLS listing gets syndicated to other real estate websites like Zillow, Trulia, Redfin, Realtor.com, etc. This amplifies the exposure of your MLS listing and puts you right where cash home buyers are looking for hot properties.

You can get multiple offers and also compare the highest and the best offers from potential buyers. There is an opportunity to negotiate the sale price, closing costs, etc., and save substantially in commissions by choosing a flat fee MLS platform or low commission real estate agent.

Best For: Home sellers who want to maximize their cash offers, avail of the best offer terms, and close at a flexible timeline.

⏰ BLAST PAST PAPERWORK: Houzeo is 100% online, and you can complete all listing formalities within <60 mins. Start NOW!

📲 iBuyers

iBuyers are instant buyers, and these companies have created a level-playing field with full cash offers and technologically advanced platforms. You get a reasonably fair cash offer instantly, and you can close within a matter of few days.

Getting the highest possible rate may not be possible, but iBuyers paid 99.4% of the fair market value in 2021. The coverage of iBuyers is limited, so not all homeowners can avail their cash deals.

✅ Best For: Home sellers who want a hassle-free experience and don’t mind leaving some cash on the table.

🤑 “We Buy Houses for Cash” Companies

If your house is in poor condition and you don’t want to spend thousands of dollars on repairs or closing costs, then you can choose “we buy houses for cash” companies. These companies make quick offers and help sell your house fast for cash.

You’ll get 50%-70% of your home’s fair market value, which is a low-ball offer. A home worth $150,000 on the open market can be scored at $70,000 by an investor with quick cash. An offer that is nearly 50% lesser than what the property is worth.

✅ Best For: Home sellers who want to sell distressed houses or selling properties falling in difficult-to-sell locations.

Should I Sell My House to a Cash Home Buyer in Florida?

Yes! Only if any of the mentioned reasons match your criteria. Selling your house to a “We buy houses for cash” company in Florida can be beneficial when you’re-

📌 On a severe tight timeline

If you’re going through a rough patch in your life, such as a divorce or an immediate move, Florida cash home buyers or investors can help you sell faster.

📌 Owning an inherited property

In case you have any deceased relative’s property that is far away or in poor condition, selling to a company that buys houses for cash can be a good call.

📌 In need of urgent cash

If you’re in a hurry, face any foreclosure, and don’t wish to retain your home, selling your house for cash might allow you to avoid a hit on your credit.

📌 Owning a badly distressed property

If Florida floods and hazards have left your property in extremely poor condition, and it’s a waste to even contribute to further repairs, then selling your house for cash is perfect.

However, if you’re just looking for hard cash and can hang in a while, then listing on the MLS would be ideal.

With a technologically advanced platform 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 Buyers!


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


Start Your FREE Listing NOW!

 

Frequently Asked Questions about Florida Cash Home Buyers

1. What is the best company that buys houses in Florida?

Houzeo is the most popular platform for sellers looking for companies that buy houses for cash. Not a cash buyer themselves, Houzeo.com lets you access the power of the MLS for a small flat fee, providing you unparalleled exposure to cash home buyers. iBuyers like Opendoor and Offerpad have also made offers on properties listed on Houzeo.com. List your property on Houzeo.com and market to the biggest pool of cash buyers!

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

Generally, you have to submit your valuable information through an online portal or via telephonic conversation. Next, you have to schedule an inspection and get a final cash offer. Once you decide to accept the offer, you can usually set a closing date by your choice.

3. What's included in closing costs in Florida?

By definition, closing costs are the fees associated with doing a real estate transaction. These costs include lenders, title, insurance, and mortgage brokers fees and can be 3% to 6% of the sales price of the house. If you're interested to know sellers closing costs in Florida, check out this blog.

4. Who pays closing costs in Florida buyer or seller?

It depends. Usually, the seller pays for closing costs. Typically, this is 5% to 10% of the house's sale price. The buyer and seller can mutually decide and negotiate closing costs while offers are made on the house. Calculate seller's closing costs in Florida and buyer's closing costs in Florida for your house and learn how much cash you will get in-hand.

5. How much are closing costs for a cash buyer in Florida?

As a homebuyer, you can expect to pay 3%-6% of the home's purchase price on closing costs, but that number can be as low as sub-1% or as high as 4+%, depending on the state. In Florida, a closing fee on a cash deal would run between $500-$1000 typically.

6. How long does a cash sale on a house take?

It varies for every house, but typically a full cash house sale completes within 14 business days. iBuyers offer to close within as quick as 7 business days.

7. Do We Buy Houses companies make fair offers?

Most days, yes. They offer up to 50% of the fair market value of the home, and keep a flexible closing process so that the home seller can close at their convenience. Some cash home buyers even pay 70% of the fair market value.

8. How can I sell my house fast for cash?

With a fast instant cash offer, you can sell your house fast. Many companies buy houses for cash in the USA, and usually, home sellers get a fairly priced deal, about 50% to 90% of the home's market value. We buy houses for cash companies are best for distressed properties, while iBuyers have strict purchase criteria while making an all-cash offer. Choose the relevant company as per your requirements, and sell your house fast for cash instantly.

9. How do I sell my house "as is"?

If you want to sell your house "as is", you must clearly mention in your listing that you are not willing to make any repairs. This is as simple as putting "as is" in the description of your home in your MLS listing.

Closing Florida iBuyers Miami Naples Reviews Selling Websites

Save $20

On Silver & up plans

Use Coupon Code:

Copied
Need help? Call us on
(844) 448-0110