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22 min read Jan 22, 2023

10 Best Companies That Buy Houses for Cash in Ohio (2023 Updates)

Companies that buy houses for cash in Ohio

According to Redfin, the median sale price of houses in Ohio has increased by 3.7% Y-O-Y. Considering this fact, this is the hottest season to sell your house in the Buckeye State.

Here, you can find information on the two types of companies that buy homes for cash:

  • iBuyer CompaniesTypically offer 70% to 100% of the property’s fair market value. iBuyers can have high service fees and don’t typically buy distressed or rented properties.
  • “We Buy Houses For Cash” Companies: Typically offer about 50% to 70% of the property’s fair market value. We Buy Houses companies have no service or closing fees. They will also buy properties that are distressed or rented.

👉 Get Top Dollar Cash Offers On Your Terms: Major cash buyers, including Opendoor and Homevestors, have submitted cash offers for homes listed on Houzeo. An MLS listing via Houzeo.com gives you maximum exposure to cash house buyers. List NOW!

Reviews: 10 Best Companies That Buy Houses For Cash In Ohio

1. Houzeo.com

🎖️ MAX EXPOSURE TO CASH HOME BUYERS

Houzeo

houzeo
  • Listing Fee: $329
  • Available in 80+ U.S. Markets
  • 5 Stars 4.9/5 (out of 2,981 Reviews)

Houzeo is the most popular platform for sellers looking for affordable full-service companies that will give maximum exposure to cash home buyers in Ohio with minimum real estate agent interaction.

🔑 Maximum Exposure to Cash Home 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 in Ohio. You could get the best cash deals in such a competitive buyer 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 Home Buyers: Houzeo has seen many cash home buyers and companies that buy houses for cash & iBuyers like Opendoor, and Offerpad makes 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% real estate 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: Home sellers seeking maximum cash for their properties with zero hidden fees, 100% automated process, and timely customer support from Houzeo Concierge.

🚀 Blast Past Paperwork: Houzeo is 100% online. You can finish the listing formalities in <60 mins. Start NOW!

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

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

Houzeo is available nationwide with coverage of 80+ markets.

The 3 Best iBuyers in Ohio

iBuyers, aka instant buyers, harness technology and market data to compute cash offers for homes.

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

» More: How does selling to an iBuyer Work?

2. Opendoor, Ohio

📢 Select Markets Only: Opendoor only buys houses for cash in select markets of Ohio but has strict purchase criteria.

BIGGEST IBUYER

Opendoor

Opendoor Logo
  • Service Fee: 5%
  • 📍 Coverage: 45 markets
  • Opendoor has 4.4 stars out of 5 4.4/5 (out of 3,066 reviews)

Opendoor is the country’s biggest iBuyer. They offer fast cash for homes and flexible closing timelines. Opendoor makes competitive offers, but these are far less than your property can get on the open market.

  • Service Fee: 5% of Home Sale Price
  • Typical Offer: 70% to 100% of Fair Market Value (FMV)
  • Types of Properties Purchased: Opendoor offers cash for houses only in desirable neighborhoods. If your property needs minimal repairs, Opendoor is an option for you. Otherwise, you may not even receive a preliminary cash offer from Opendoor.
  • Closing Date & Offer Terms: Opendoor provides a flexible closings, with dates up to 45 days out. Opendoor’s offers are not flexible, and final terms may change after home inspection.
  • Limited Coverage: Opendoor only covers 51 markets.

🚩 You Should Know: For the ease of a fast cash offer and flexible closing, you may pay up to 13% of your home’s sale price in service fees. Opendoor’s final cash offer is calculated after deducting home repair costs and closing costs.

👉 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 desirable properties
  • 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
  • Home sellers receive cash offers within 24-48 hours, only on the properties that are in Opendoor’s coverage.

Opendoor has an average rating of 4.4 out of 5 stars on Reviews.io.

» Opendoor Review: Is Opendoor the best cash home buyer in 2023?

👎 Limited Coverage: Opendoor offers cash for houses only in 51 markets, and some of the top markets are Boston, Albuquerque, Cincinnati, Indianapolis, Birmingham, Modesto & Stockton, Galveston, Miami, San Francisco, San Jose, 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, Ohio

📢 Select Markets Only: Offerpad only offers cash for houses in select markets of Ohio but has strict purchase criteria.

FASTEST CLOSING

Offerpad

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

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

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

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

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

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

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

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

» Offerpad Review: Check out exclusive customer reviews of Offerpad

4. RedfinNow, Ohio

AS-IS IBUYER

RedfinNow

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

🛑 CLOSED: On November 8th, 2022, Redfin shut down operations of RedfinNow, and the company will no longer buy homes for cash.

RedfinNow, the “as-is iBuyer,” is the extended iBuying arm of Redfin, America’s largest discount brokerage firm. Unlike the other iBuyers, RedfinNow also buys vacant homes, so almost every homeowner may get reasonable cash offers.

  • 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 houses irrespective of their condition, and even distressed properties and vacant houses will get an offer.
  • 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.

🚩 You Should Know: This iBuyer company makes fairly competitive cash offers, but RedfinNow’s service fees may go up to 13% of the home’s sale price, which is a considerable cost to pay for the convenience.

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

» RedfinNow Reviews: Is RedfinNow the Best Cash Home Buyer in 2023?

  • Purchases properties as-is, with more stringent formalities than other iBuyers.
  • 90-day flexible closure window
  • RedfinNow service fees might be as high as 13% of the home’s sale price.
  • No incentives even if you trade in your home.
  • As a “late checkout,” you can rent your house 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.

» RedfinNow Review: Check out exclusive customer reviews of Redfin Now

The 6 Best We Buy Houses for Cash Companies in Ohio

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

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

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

5. All Ohio Home Buyers, Ohio

POPULAR CASH HOME BUYER

All Ohio Home Buyers

logo image
  • $ Service Fee: None
  • 5 Stars 4.9/5 (out of 41 Reviews)

All Ohio Home Buyers is a real estate solutions company that buys houses for cash. They specialize in helping homeowners get rid of burdensome houses quickly. 

Get started by connecting with them over the phone or filling out a simple form on their website. An inspection is scheduled if your house is accessible. After that, you will receive a no-obligation offer, and you can choose your close date. The sellers prefer them mainly to other companies that buy houses for cash in Ohio because of their quick response and closing.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All houses, i.e., distressed properties with structural issues, condemned properties, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
  • Closing Date & Offer terms: All Ohio Home Buyers take 24 business hours to share a cash offer. On average, homes close within 7 to 30 days.
  • Limited Coverage: All Ohio Home Buyers only offer cash for houses in Ohio.

 

👉 Our Take: All Ohio Home Buyers is the best choice for home sellers who are looking to sell their house as-is without any repairs and expecting a quick closing.

  • Free, no-obligation offer for damaged properties as well
  • Closing costs covered by the company
  • No need to prep the home for listing or worry about repairs
  • Popular Ohio Cash Buyers with a good network

All Ohio Home Buyers has 4.9 out of 5 stars with 41 reviews on Google.

All Ohio Home Buyers buy homes in Beavercreek, Bellbrook, Belmont, Centerville, Dayton, Englewood, Fairborn, Huber Heights, Kettering, Miamisburg, Moraine, Oakwood, Riverside, Vandalia, Washington Township, Xenia

6. Ohio Cash Buyers, Ohio

MOST EXPERIENCED

Ohio Cash Buyers

logo image
  • Service Fee: None
  • 5 Stars 4.8/5 (out of 74 reviews)

Ohio Cash Buyers is a real estate company that buys houses for cash in Ohio based out of Springboro, Ohio. They provide win-win solutions to help homeowners to get out of all kinds of sticky situations and they are one of the top companies that buy houses for cash in Ohio.

  • Service Fee: None
  • Typical Offer: 50% to70% of Fair Market Value (FMV)
  • Types of Properties Purchased: Ohio Cash Buyers offers cash for houses only in neighborhoods and properties that pass their eligibility criteria.
  • Closing Date & Offer Terms: Ohio Cash Buyers provide a flexible closing date, up to 30 days out. Their offer terms are inflexible and they can change significantly after the home inspection.
  • Limited Coverage: Ohio Cash Buyers only covers Cincinnati, Dayton, Columbus, and surrounding areas in Ohio.

👉 Our Take: Ohio Cash Buyers could be ta good option if you want a fast sale and don’t mind leaving some money on the table. To maximize your cash property sale, you should consider listing on the MLS. iBuyers and cash buyers have made multiple offers on properties listed via Houzeo.com

  • Free, no-obligation offer for damaged properties as well
  • Closing costs covered by the company
  • No need to prep the home for listing or worry about repairs
  • They offer Cash for houses Ohio within 24-48 business hours.

Ohio Cash Buyers has 4.8 out of 5 stars with 74 reviews on Google.

Ohio Cash Buyers buy houses in Cincinnati, Dayton, Columbus, and surrounding areas in Ohio.

7. Express Home Buyers, Ohio

INVESTOR NETWORK

Express Homebuyers

Express Homebuyers logo
  • Available nationwide
  • No Credible Reviews Found.

Express Homebuyers are based out of Virginia is a company that buys houses for cash, and operates a network of local investors in Ohio and 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. If you think about companies that buy houses for cash in Ohio, Express Homebuyers is a top pick as they have a strong network in Ohio.

📌 How does Express Homebuyers Work? 

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.

📧 Cash Offer:  Express Homebuyers takes approx. 24 business hours to share a cash offer.

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

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

Express Homebuyers operates nationwide and throughout Ohio

8. Upward Home Solutions, Ohio

LOCAL CASH BUYER

Upward Home Solutions

logo image
  • $ Service Fee: None
  • 4.5 Stars 4.5/5 (out of 52 Reviews)

Upward Home Solutions is a real estate solutions company based in Ohio. They have been a popular cash home buyer since 2015. Their prime focus is to make the selling process hassle-free for home sellers. The process starts with an online form, followed by a home inspection by the company. It ends with a no-obligation offer presented to the seller on the spot or within 24 hours.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All houses, i.e., distressed properties with structural issues, condemned properties, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
  • Closing Date & Offer terms: Upward Home Solutions does not have strict offer terms. A free quote is shared within 24 hours, and the final cash offer is shared after the home inspection. The closing timeline caters to the seller.
  • Limited Coverage: Upward Home Solutions only offers cash for houses in Ohio.

 

👉 Our Take: Upward Home Solutions is best for home sellers looking to sell their homes quickly to a local cash home buyer in Ohio. 

  • Free, no-obligation offer for damaged properties as well
  • Closing costs covered by the company
  • Local cash home buyer
  • Buys houses as-is

Upward Home Solutions has 4.5 stars out of 5 stars with 52 reviews on Google.

Upward Home Solutions operates throughout Ohio.

9. We Buy Houses, Ohio

FAST CLOSING

We Buy Houses

Logo - We Buy Houses
  • Service Fee: None
  • Closing in 3 weeks
  • No credible reviews found.

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

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

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

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

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

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

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

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

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

10. We Buy Ugly Houses, Ohio

NATIONWIDE COVERAGE

We Buy Ugly Houses

We Buy Ugly Houses
  • Service Fee: None
  • Closing in 3 weeks
  • 2 Stars  2/5 (out of 6 reviews)

We Buy Ugly Houses is a 20-year-old cash home buyer brand owned by HomeVestors. With a tried & tested business model of buying homes for cash, the company typically caters to distressed home sellers looking for cash offers. Each office is operated by a local real estate investor independently.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All types of ugly houses, i.e., distressed properties with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
  • Closing Date & Offer Terms: We Buy Ugly Houses provides a flexible closing date, up to 30 days out. Offer terms are inflexible, and some franchisee offices may use controversial tactics to close the cash home deal.
  • Limited Coverage: We Buy Ugly Houses covers 1,100 cities.

🚩 You Should Know: We Buy Ugly Houses independently operates on a franchise model, so the quality of service you receive depends on your location. Research the customer reviews of the franchise in your locality before accepting any cash offers.

👉 Our Take: This home-buying company is best for home sellers looking to close quickly and don’t expect a lot of cash for their house. Remember—an MLS listing on Houzeo.com will put you in front of cash buyers, increasing your chance of getting multiple offers.

» We Buy Ugly Houses Reviews: Everything you need to know about this cash buyer

  • Get a preliminary cash offer on a house in 24 to 48 business hours and close within 3 weeks.
  • We Buy Ugly Houses decides the cash offer based on local market sales & housing trends.
  • No need to prep the home for listing or worry about house repairs.
  • Pays less than what sellers could net on the open market.
  • Quality of service varies between franchises.
  • Controversial tactics for closing the sale.
  • If you can negotiate well or have a desirable property, the final cash offer could increase, but we don’t have any hard data about this.

👎 Poor Customer Reviews: We Buy Ugly Houses has 2 out of 5 stars with 6 reviews on Yelp.

👍 Houzeo Reviews: Houzeo is rated 4.9 out of 5 stars, with a 4.9 rating on Trustpilot and a 5.0 rating on Google.

We Buy Ugly Houses offers cash for houses in 45 states in 1,100 locations nationwide.

» Companies That Buy Houses: Check out America’s top cash home buyers

Are Companies that Buy Houses for Cash Legit?

Yes, companies that buy houses for cash or cash home buyers in Ohio are legitimate and operate legally nationwide.

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

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

Companies that Buy Houses for Cash in Ohio

1. Cincinnati, OHWe Buy Houses for Cash in Cincinnati, OH
2. Cleveland, OHWe Buy Houses for Cash in Cleveland, OH
3. Columbus, OHWe Buy Houses for Cash in Columbus, OH

Understanding Companies That Buy Houses

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

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

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

Types of Cash Home Buyers in Ohio

Companies that buy homes for cash help home sellers skip the hassle of listing on the MLS, marketing, staging a home to sell, etc. Two types of cash house buyers in Ohio make cash offers on homes for sale:

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

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

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

» Selling an Inherited House in OhioCheck out our guide if you want to sell your family home.

2. iBuyers: Fair Cash Offers But Hefty Service Fees

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

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

» More: How does selling to an iBuyer Work?

How do I Sell My House Fast for Cash in Ohio?

Listing on the MLS is the fastest way to get instant cash offers from “cash for houses” companies. Cash buyer companies and local real estate investors are always scouring the MLS for properties. To sell your house fast for cash, you can also consider the below tips:

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

» Sell My House Fast for Cash Ohio: Here’s a guide to help you sell your home fast for cash in Ohio.

Should I Sell My Ohio House As Is?

Selling “as is” means putting your house for sale in its existing condition without any upgrades or improvements. Home sellers choosing their homes as-is are usually in unprecedented situations like a financially difficult situation or need for impromptu relocation.

» Selling a House As Is in OhioCheck out our guide to selling your house as is.

Selling a House to an iBuyer

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

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

Which Homes Qualify for Most Ohio iBuyers?

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

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

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

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

How Much do iBuyers Pay?

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

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

How Much are iBuyer Fees?

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

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

👉 Save 3% Listing Agent Commission: If you list with a Flat Fee MLS website, you save 50% commission right away. You 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.

» How to Calculate Closing Costs for Seller in OhioBreak down the closing costs you incur as a OH home seller.

✅ Pros of Selling Your House to an iBuyer

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

❌ Cons of Selling Your House to an iBuyer

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

🏡 All the Benefits and No Trade-offs



Houzeo is the fastest way to list on the MLS and get maximum cash for your house.


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How do “We Buy Houses for Cash” Companies Work?

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

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

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

» Home Inspectors Ohio: What do inspectors look for when inspecting a home in Ohio?

How Much Do “We Buy Houses for Cash” Companies in Ohio Pay?

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

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

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

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

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

Some cash home buyers, Ohio are willing to pay less than 70% of the home’s value after renovations/repairs. We recommend requesting cash offers from multiple cash home buyer companies, with no obligation to close with them. If you want to sell your house fast for cash, it is important to look at multiple options.

💲Market to the Biggest Pool of Cash Home Buyers!


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


Start Your FREE Listing NOW!

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

✅ Pros

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

❌ Cons

  • Non-negotiable Cash Offers: When dealing with “we buy houses for cash” companies, the deal is usually take-it-or-leave-it. Although there may be room for negotiations, you can’t expect more than 70% of the market value of your home. 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.
  • Lowball Offers: “We buy houses for cash” companies generally pay 50% to 70% of the home’s fair market value, 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.

We Buy Houses for Cash in Ohio Scams

Ohio cash house 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 in Ohio for cash” 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. Other times, they make home sellers sign a listing agreement with a “reassign” clause, and the home sellers end up losing the right to sell their own house!

⚠️ Don’t get lured by such deceptive cash home buyers: Thoroughly investigate the company before signing any legal documents related to your house. Even title insurance coverage may not be able to save you from such scammers!

Selling to Local Real Estate Investors

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 in Ohio, also called retail cash house buyers, can be classified as:

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

You can find such investors in online forums or through in-person meetups. Real estate investors are cash house buyers who often purchase the property as-is, with instant offers and flexible closing timelines.

Investors will drive a hard bargain to acquire your home for less than the fair market value. 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.

🏘️ Ohio House Flipping: Is flipping houses still profitable in 2023’s slow market?

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

It depends!

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

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

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

💲Market to the Biggest Pool of Cash Home Buyers!


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


Start Your FREE Listing NOW!

Should I Sell My House to a Company That Buys Houses for Cash?

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

We recommend you sell for cash only in select circumstances.

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

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

💲Market to the Biggest Pool of Cash Home Buyers!


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


Start Your FREE Listing NOW!

Alternatives to Companies That Buy Houses in Ohio

1. Listing your home with Flat Fee MLS Service

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

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

👉 Flat Fee MLS OH: List on your local Ohio MLS within 24 to 48 hours for just $349!

2. Hiring a top Real Estate Broker

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

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

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

» Best Real Estate Brokers in OhioCheck out Ohio’s top brokers, their services, and commission

3. Selling For Sale By Owner

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

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

» Ohio FSBO: Here’s how you can sell your home yourself if you have a buyer lined up to buy your property.

Eager to Know How Houzeo Works?

We’ve got you covered. Check out the following video to understand how Houzeo works and why it is one of the best free websites to list for sale by owner in the U.S.

What is Houzeo?

An overview of what the platform is all about

Start Your MLS Listing NOW!

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

Resources for Selling Your Home in Ohio

Frequently Asked Questions

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

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

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

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

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

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

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

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

5. Do We Buy Houses companies in Ohio make fair offers?

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

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

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

7. How can I sell my house fast for cash in Ohio?

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

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