From Coral Gables to Wynwood, Miami’s real estate market is constantly shifting. But cash is still king. Over 40% of homes were bought with cash in 2024. Some cash home buyers in Miami offered sellers 100% of their home’s market value, while others offered just 40%.
Getting a fair cash offer is like hunting for pearls in Biscayne Bay—some shells hide treasures, others only sand. The solution? List on cash buyer marketplaces! Your home will be visible to local and national cash buyers instantly.
Key Takeaways
- The best cash buyer companies in Miami are Clever Offers, Houzeo, Florida Cash Home Buyers, Opendoor, Express Homebuyers, and We Buy Ugly Houses.
- Clever Offers is the top choice for getting quick cash in Miami. You can get offers from multiple buyers in just 7 days.
- Houzeo is the next best option, where multiple cash buyers can submit offers. This may drive up your home’s price.
- While Florida Cash Home Buyers and Express Homebuyers offer speed, their offers are often lower and non-negotiable.
- iBuyers such as Opendoor provide convenience, but have strict eligibility criteria.
- To avoid cash buyer scams, verify buyer credentials and read company reviews before accepting any offer.
Reviews: 6 Best “We Buy Houses for Cash” Companies in Miami
1. Clever Offers
QUICK CASH OFFERS
Listing Fee: None.Clever Offers, part of Clever Real Estate, connects you with multiple cash buyers to compare offers and find the best deal for your timeline. They have three programs:
- Cash Offers: You can sell your home as-is to vetted cash buyers. It’s a fast and convenient way to sell your home without repairs and staging.
- 7-Day Sold: This is a short MLS listing aimed at competing cash bids. It allows you to list your home for 7 days, improving your chances of securing the highest and best offer.
- Instant Cash Offer: You get most of your home’s value upfront, plus a bonus when the buyer resells. This program is perfect for sellers who want quick funds and a chance to benefit from future market gains.
Comparing cash offers is free. Depending on the option you choose, a partner service fee may apply.
Clever Offers have several advantages:
- Multiple Cash Offers: Get competing bids from vetted investors (often within 24–48 hours).
- Customized Assistance: Whether you want speed, certainty, or the best possible payout, Clever Offers gives you flexible options to match your goals.
- As-Is Sale: Skip repairs, showings, and cleanup; buyers on Clever Offers purchase the property in its current condition, which speeds up and simplifies the process.
- Concierge Support: A licensed team reviews your offers, walks you through next steps, and, if needed, provides a quick open-market opinion for comparison.
- Nationwide Coverage: Clever Offers operates across all 50 states in the US. However, specific offer types may vary by market.
- Flexible Options: Side-by-side options let you balance speed, certainty, and price — so you don’t have to settle for a one-size-fits-all solution.
Here are some drawbacks we found about Clever Offers:
- Offers Can Vary: Some cash home buyers follow the 70–80% of the after-repair value rule of thumb, which is less than what you’d likely get on the open market. Competition usually helps, but outcomes differ by market and condition.
- Market Availability: Specific programs (e.g., iBuyers, Instant Cash Offer) depend on local coverage.
Clever Offers is a part of Clever Real Estate, which boasts a 4.9 out of 5 star-rating from over 3,696 reviews on Trustpilot.
👉 Our Take: Clever Offers is a good choice if you need to sell quickly, want to avoid repairs or prefer an easy process. Their three different programs give you more flexibility to choose what works best for your situation.
2. Houzeo
MAX EXPOSURE TO CASH BUYERS
Listing Fee: $149Houzeo 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.
- Pricing: $149 + 1% at Closing
- MLS Listing: Your home gets full 6-month MLS exposure with unlimited high-quality photos showcasing its best features.
- Cash Buyer Network: Your listing is automatically visible to major cash buyers like Opendoor, HomeVesters, Offerpad, We Buy Houses, and dozens more.
- Unlimited Updates: Make as many listing changes as needed—adjust price, photos, or details without restrictions or extra fees.
- Closing Support: Get expert guidance from contract to closing with dedicated consulting to ensure a smooth transaction.
» Houzeo Reviews: Find out why Houzeo is one of America’s best “Sell my house for cash” option.
Houzeo is America’s #1 “Sell my house for cash” option because:
- Your Property will be on All Major Real Estate Websites: Houzeo’s packages give you access to the MLS. This showcases your property on 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 has cutting-edge tech. For you, this means easy listing, fast changes, online showings, and online offers on your phone, from your couch.
With Houzeo, there are no dealbreakers—it’s so simple, a 5-year-old could sell a house!
» 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.
👉 Our Take: We recommend Houzeo's Gold plan to maximize your cash offers. It delivers complete transparency with zero hidden fees. Plus, you can access Houzeo’s advanced features to negotiate the best terms for your cash offer.
3. Florida Cash Home Buyers
LOCAL CASH BUYER
Service Fee: NoneFlorida Cash Home Buyers provides quick cash offers for distressed homes.
- Typical Offer: You will get 65% to 80% of your home’s Fair Market Value (FMV).
- Eligibility: Florida Cash Home Buyers helps you sell inherited properties. They also offer you cash for properties with structural issues, homes facing foreclosure, inherited properties, etc.
- Closing Offer Terms: Florida Cash Home Buyers claims that they can buy your home in as little as 5 days.
- Service Fee: None.
Here are some of the benefits that you get with Florida Cash Home Buyers:
- Fast Cash Offers: They provide no-obligation cash offers within 2 days. In fact, many sellers have received offers within hours of submitting their property details on the company’s website.
- Save on Minor Repair Costs: You can sell your house for cash and save on upfront costs to fix, prepare, or stage your house.
- Statewide Coverage: Florida Cash Home Buyers purchases properties in 100+ markets in the Sunshine State.
- Advance Cash: Florida Cash Home Buyers claim that they can provide you cash in advance before closing the deal.
In our research, we have found certain drawbacks of Florida Cash Home Buyers:
- Lowball Cash Offers: Florida Cash Home Buyers may extend you an offer that is significantly below the your asking price. This is usually 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 200+ reviews on Google Reviews.
👉 Our Take: Florida Cash Home Buyers is a local “We Buy Houses in Florida” company that buys homes with cash and specializes in distressed and inherited property sales. You don’t need to make repairs to request a cash offer. This saves you thousands of dollars. However, they extend a lawball offer which usually lower than what you can get on the open market.
4. Opendoor
SEASONED IBUYER
Service Fee: 5%Opendoor is the biggest iBuyer in the U.S. 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.
- 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 or homes with tenants do not qualify for Opendoor’s cash offer.
- Closing Offer Terms: Opendoor claims to let you close at your pace, up to 45 days after their offer. However, be aware that your final offer may change.
- Service Fee: You will be charged 5% of the home sale price.
Here are some of the benefits that you get with Opendoor:
- Broad Coverage: Opendoor makes cash offers for houses in 51 markets across the country.
- Sell As-Is: Opendoor helps you avoid the hassle of making minor repairs and you can sell your house as-is.
- Late Checkout up to 14 Days: Opendoor lets you temporarily stay in your home for up to 2 weeks after closing.
- No Cancellation Fees: You can cancel the contract anytime without incurring any fine.
In our research, we have found certain drawbacks of Opendoor:
- Low-ball Cash Offer: You will get around 70% of your property’s Fair Market Value, before deductiong repair and closing costs.
- Hefty Service Fees: Opendoor will charge you a steep 5% service fee.
- Strict Eligibility Criteria: You can’t sell an inherited property, homes wiht tenants, pre-fabricated or mobile homes, and properties located in a flood zone.
Opendoor has a rating of 4.4 out of 5 stars from 3,405 reviews on Reviews.io.
» Opendoor Reviews: Read customer reviews and our breakdown of Opendoor’s cash offer to make an informed decision.
👉 Our Take: We recommend Opendoor if your home needs minimal repairs. But beware, as you may end up leaving almost 20% to 30% of your home equity on the table.
5. Express Homebuyers
CASH HOME BUYER NETWORK
Service Fee: NoneExpress Homebuyers specializes in making all-cash offers on distressed houses. They cater to home sellers who want to sell their houses fast without making any repairs.
- Typical Offer: You can get up to 50% to 70% of your house’s Fair Market Value.
- Eligible Properties: Express Homebuyers deals with selling inherited properties, homes sold after divorce, foreclosure properties, rental properties, and more.
- Closing Offer Terms: The company has a flexible closing timeline and can buy your home at your convenience. Usually, they close within 2 to 4 weeks.
- Service Fee: None.
Here are some of the highlights of Expess Homebuyers when selling your home:
- Flexible Closing: You can choose closinge date according to your convenience.
- No Charges or Fees: Express Homebuyers does not charge you any fees. You will receive the full price based on market research and the house’s condition.
- Sell As-Is: You need not prep the home for listing, home staging, or worry about making repairs.
You should also consider cons of dealing with a cash company like Express Homebuyers:
- Unresponsive Customer Support: Express Homebuyers have some bad reviews regarding their customer support, like communication and no response.
- Non-Negotiable Offer: You must either accept or decline the offer with no change or modification requests. The offer is usually 80% of property’s Fair Market Value.
Express Homebuyers has a rating of 4.4 out of 5 stars with 165+ reviews on Google.
» Express Homebuyers Reviews: Want to know more about the company? Read on!
👉 Our Take: Express Homebuyers can be a great option to sell an extremely distressed property. However, if your house needs minimal or no repairs, then you should consider listing on the MLS.
6. We Buy Ugly Houses
NATIONWIDE COVERAGE
Service Fee: NoneWe Buy Ugly Houses, a franchisee of HomeVestors, is a well-known network of real estate investors. They help you sell your property fast in any condition.
- Typical Offer: 50% to 70% of your property’s Fair Market Value.
- No Closing Costs: You don’t have to pay any seller closing costs; it is covered by the company.
- Eligible Properties: Distressed properties with structural issues, homes with flawed mortgage financing, inherited homes, homes in high-crime neighborhoods, etc.
- Service Fee: None.
Here are some of the benefits that you get with We Buy Ugly Houses:
- Sell Your Home As Is: You can sell your distressed home and avoid upfront costs to fix, prepare, or stage your house.
- Quick Closing Timeline: Once you accept the offer, you can sell your house within 2 weeks.
- Save on Closing Costs: You won’t need to pay the closing costs as they take care of it themselves.
- Free Cancellation: You can cancel your contract for free within 3 days of accepting the cash offer.
In our research, we have found certain drawbacks of We Buy Ugly Houses:
- Lowball Offers: Cash offers typically range from 50% to 70% of a home’s Fair Market Value, based on its condition and location.
- Limited Negotiation: We Buy Ugly Houses extends “take-it-or-leave-it” offers. You can try to negotiate, but usually, they won’t budge.
- 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.
- Inconsistent Service Quality: Your experience may vary depending on how your local investor handles the sale.
We Buy Ugly Houses is rated 4.9 out of 5 stars from 90+ reviews on Google.
» We Buy Ugly Houses Reviews: Want to know more? Dive into our detailed review!
👉 Our Take: We Buy Ugly Houses operates as a franchise under its parent company, HomeVestors. Each franchise is independently owned and operated. This leads to variations in service quality and customer experience across different locations nationwide.
Are Companies That Buy Houses for Cash in Miami Legit?
Yes, companies that buy houses for cash are legitimate and operate nationwide. In fact, the National Association of Realtors (NAR) confirms the credibility of cash buyers in Miami. Need to sell your house quickly? These companies provide a streamlined process for fast transactions.
However, many homeowners fall prey to “cash for houses” scams. So, check customer reviews, ratings, and their track record to ensure you’re dealing with a reputable cash buyer.
3 Types of Companies That Buy Homes in Miami
- “We Buy Houses for Cash” Companies: Cash buyers like Florida Cash Home Buyers purchase distressed homes, typically paying 30% to 70% of their Fair Market Value.
- iBuyers: iBuyers, such as Opendoor and Offerpad, provide instant cash offers between 70% and 80% of the home’s value. They have strict eligibility criteria, 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.
How to Sell Your Home for Cash in Miami?
Whether you’re in Miami, Tampa, or Jacksonville, the steps for selling your home for cash remain the same:
- Share Details About Your House: A cash buyer company will collect basic information like the location and condition of your property. This can typically be submitted directly through their website or over the phone.
- Review the Preliminary Cash Offer: Your cash home-buying company will make an initial offer after evaluating your home and checking real estate comps. Typically, it’s 30% to 70% of the house’s fair market value.
- Complete a Home Inspection: If you accept the initial offer, a third-party home inspector will visit your property for an onsite inspection. After they adjust repair expenses and holding costs, the cash house-buying company will send a final offer.
How Much Do Cash Buyers in Miami Pay?
Companies that pay cash for houses in Miami usually offer 30% to 70% of a home’s value. However, it depends on factors like the cash buyer you’re selling to, their service fee, etc.
Imagine if you were selling your $675,000 home. A typical cash buyer might offer you only $472,500. However, with the best cash buyers in Miami, you may potentially get top dollar for your home!
Pros and Cons of Cash Home Buyers in Miami
Here are some pros and cons you must consider before you choose a company that buys houses for cash in Miami:
✅ Pros
- Quick Cash Offers: “We Buy Houses for Cash” companies often provide fast cash offers within 24 to 48 hours. So, you can sell your home quickly without waiting for financing.
- Flexible Closing: Cash buyers in Miami close quickly. You can sell your home within 7 to 30 days, depending on your schedule and preferences.
- No Repair Costs: Most cash buyers purchase properties as-is. This eliminates the need for repairs or upgrades before selling, saving thousands of dollars.
❌ Cons
- Lowball Cash Offers: Miami cash house buyers typically pay only 30% to 70% of your home’s value. So, you leave a significant amount of your home’s equity on the table.
- Non-Negotiable Deals: Investors offering cash for your home in Miami rarely budge on price. There’s very little room for negotiation, limiting 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% of your home’s value!
Common “We Buy Houses for Cash” Scams 🚩
If any Miami cash home buyer extends an offer that seems too good to be true, it probably is. Stay alert, and don’t fall victim to the following 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 fast for cash in Miami or accept an offer.
- Deed Fraud: Fraudsters can sell or mortgage your home without your consent using fake documents. Check customer testimonials and reviews before you select a cash buyer.
- Loan-Flipping Scams: Some scammers may pressure you to sell your home fast for cash by offering loans that drain your equity. Always consult a trusted advisor before you agree to any cash offer.
- 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 a home via a phone call.
Alternatives to Companies That Buy Houses for Cash in Miami
- Flat Fee MLS Services: You can get up to 100% of your home’s FMV with a Florida Flat Fee MLS listing. Your home is visible to multiple cash buyers, increasing your offers.
- For Sale By Owner: When you sell FSBO, you’ll have to manage offers, handle paperwork, and negotiate, all by yourself. But with the best FSBO website in Miami, your home gets listed on the MLS with max exposure!
- 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.
5 Tips to Sell Your Home Fast in Miami
- Price Your Home Realistically: Get a Comparative Market Analysis report or use Houzeo’s free home value estimator before finalizing your price. The right price will attract potential buyers faster.
- List on a Cash Buyer Marketplace: Home flippers are constantly looking for investment houses for sale in Miami. You could get multiple offers for your home, driving up its home sale price.
- Address Minor Repairs: Fix leaky faucets and broken outlets, and give your house a fresh coat of paint to boost its appeal. Even small upgrades can significantly increase your home’s value and help you sell faster.
- Respond to Enquiries Quickly: Answering buyer inquiries promptly demonstrates your commitment to selling your house quickly. Maintain flexibility for weekend showings to accommodate busy buyers’ schedules.
- Create Compelling Virtual Tours: High-quality photos and virtual tours help your listing attract remote buyers and sell your home quickly.
Should You Sell to Cash Home Buyers in Miami?
Yes, but only if you’re ready to 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, with top cash buyer marketplaces, you can compare multiple offers, sell fast, and potentially get top dollar for your home.
