17 min read Nov 17, 2022

5 Best Companies That Buy Houses for Cash in Panama City, FL

Companies that buy houses for cash in panama city

» Jump To: Rankings | Reviews | 4 Companies That Buy Houses for Cash in Panama City, Florida | How Do “We Buy Houses for Cash” Companies Work? | Should I Sell My House to Reputable Cash Home Buyers? | Alternatives to Companies That Buy Houses | FAQs

The median value of a home in Panama City, Florida is $250,000. The rate at which houses are being sold here is 27% higher than in August 2021. Considering that Panama City is currently a seller’s market, now would be an optimal time to sell your home for cash.

Companies that buy houses for cash fall into two categories:

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

💰 Get Top Dollar Cash Offers on Your Terms: Major iBuyers, including Opendoor and cash buyers, submit offers on Houzeo properties. An MLS listing via Houzeo.com gives you maximum exposure. List NOW!

Rankings: 5 Best Companies That Buy Houses for Cash in Panama City, FL

CompanyPotential Offer Price*Service FeesClosing Time100% Online5-star Reviews**Mobile App
1. Houzeo.com100% of Market Value$349 Flat Fee7 to 60 days
2. We Buy Houses50% to 70% of Market Value6%-11% of Sale Price7 to 14 days
3. Florida Cash Home Buyers50% to 70% of Market ValueNone7 to 60 days
4. ASAP Cash Home Buyers50% to 70% of Market ValueNone7 to 30 days
5. House Heroes50% to 70% of Market ValueNone7 to 30 days

*An MLS listing via Houzeo exposes your home to the open market. The open market will almost always be more competitive than offering your house to a single potential cash home buyer.

** For 5-star customer reviews, ratings above 4.75 out of 5 stars have been considered. Houzeo has been rated 5.0 stars on Google Reviews and 4.9 stars on Trustpilot.

Reviews: 5 Best “We Buy Houses for Cash” Companies in Panama City, FL

1. Houzeo.com

🎖️ Max Exposure to Cash Buyers

Houzeo

  • Service Fee: $349 Listing Fee
  • Available in 80+ U.S. Markets
  • 5 Stars 4.9/5 (out of 4097 reviews)

Houzeo is the best option if you’re looking for multiple cash offers. An MLS listing via Houzeo.com provides exposure to the max number of cash buyers. This includes Opendoor and Homevestors, who have recently submitted cash offers on Houzeo.

  • Service Fee – $349: Houzeo does not charge a 5% service fee or any undisclosed closing fee.
  • Maximum Cash Offer: Your property will get max exposure to cash buyers via the MLS. This includes major portals like Zillow, Realtor.com, and Redfin. All local and national cash buyers, including iBuyers, will be aware of your listing and compete for it.
  • Types of Properties: On Houzeo Marketplace, you can market properties in any condition and sell your house as is.
  • Flexible Closing Date & Offer Terms: You can specify and negotiate the cash terms you want for your closing.
  • Nationwide Coverage: Houzeo is available in 47 states across the U.S. so you can market to local cash buyers almost anywhere.

👉 Our Take: For sellers looking to maximize their cash offers, we recommend Houzeo’s Gold plan. It will get you maximum exposure to cash buyers via the MLS. You will also have Houzeo’s advanced features to negotiate the best terms for your cash offer.

» Houzeo Reviews: Learn why Houzeo is America’s Real Estate Super App

  • Near Nationwide Coverage: Houzeo covers 47 states + DC.
  • No Listing Agent Commission: With Houzeo, you only pay a small flat fee to get access to the MLS and all the Houzeo tech
  • 100% online: Easy listing, fast changes, online showings, and online offers
  • Max Exposure: Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other real estate websites
  • Fast Listing: Rush listing option gets you listed within a business day with Houzeo Concierge. This is best to sell your house fast.
  • Real Estate On the Go: Houzeo Mobile App mimics most functionality of the Houzeo web platform, including Offers and Showings
  • 5-Star Customer Service: Superb support that minimizes Houzeo complaints
  • No Hidden Fees: There are no Houzeo hidden fees

» Is Houzeo Legit: Learn more about Houzeo.com’s locations and services

Houzeo has a stellar rating of 4.9 out of 5 stars, with reviews on popular sites like Google & Trustpilot.

» Houzeo Reviews: Check out what customers have to say about Houzeo.com!

Houzeo is available nationwide with coverage in 200+ markets.

The 4 Best Companies That Buy Houses for Cash in Panama City, Florida

“We buy houses for cash” companies in Panama City 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” companies offer as low as 30% of the home’s fair market value.

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

2. We Buy Houses

FAST CLOSING

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.

3. Florida Cash Home Buyers

DIRECT CASH BUYER

Florida Cash Home Buyers

  • Service Fees: None
  • Offers made in 24 hours
  • 4.5stars 4.6/5 (out of 97 reviews)  

Founded in 2014, Florida Cash Home Buyers LLC is Gabe and Omer’s real estate venture that aims to unconventionally solve the 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 the home selling process.

  • Service Fee:  None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All types of ugly properties, i.e., distressed properties with structural issues, bad mortgage financing, inherited houses, facing foreclosure, problematic tenants, etc.
  • Closing Date & Offer Terms: Flexible closing, and you can continue occupying the house for up to 3 weeks free of cost. Post three weeks, you will be charged the prevalent market rent.
  • Coverage: Florida Cash Home Buyers offers its services primarily in 6 markets.

👉 Our Take:  This cash home buyer company is a good option for home sellers who want a hassle-free way to sell their house for cash fast in Florida.

  • Free, no-obligation cash offer made within 24 hours.
  • No repair or closing costs.
  • Will help you find a new property to move into.
  • Works with a dedicated probate attorney and can also pay the probate fees when buying an inherited house.

Florida Cash Home Buyers has 4.6 stars out of 5 on Google.

Florida Cash Home Buyers covers all areas of Florida, particularly: Miami, Fort Lauderdale, Palm Beach, Orlando, Jacksonville, and Tampa.

4. ASAP Cash Home Buyers, Panama City

LOCAL CASH BUYER

ASAP Cash Home Buyers

  • Service Fee: None
  • 3.5 Stars 3.75/5 (out of 3 reviews)

ASAP Cash Home Buyers started their journey in 2013. They help home sellers with their distressed properties and buy all types of residential real estate and empty lots. This reputable cash home buyer purchases houses regardless of their condition, location, or price while offering fair market value. They even refer their clients to credit and legal counseling services to make better decisions.

Note: They are not interested in properties like timeshares, hotels, or rental communities.

  • Service Fee: None
  • Typical Offer: 50% to 70% of the Fair Market Value (FMV)
  • Types of Properties Purchased: ASAP Cash Home Buyers offer cash on houses in any given condition.
  • Closing Date & Offer Terms: After buying your house, the turnaround time is as little as 24 hours. They also provide a flexible closing date.
  • Easy Home Selling Process: You don’t need to schedule a showing to sell your house. Simply complete the form to receive a cash offer on your house the next day.
  • Coverage: They buy houses for cash nationwide.

👉 Our Take: They can be an ideal choice for home sellers who want to sell their homes in any condition for fair market value.

  • They buy your house as per your preferred date.
  • No undisclosed fees or hidden costs.
  • They buy houses in any condition.
  • Fill out their online form and sell your house.

ASAP Cash Home Buyers have a star rating of 3.75 out of 5 stars, with reviews on Google

ASAP Cash Home Buyers provides nationwide coverage. 

5. Gulf Coast Home Buyers, Panama City

FLEXIBLE CLOSING

Gulf Coast Home Buyers

  • Service Fee: None
  • Closing in 3 weeks
  • 4.5stars 4.3/5 (out of 33 reviews)

Gulf Coast Home Buyers is a real estate company in Florida that aims to simplify the home-selling process through its customer service. Though they are real estate agents, they prioritize buying homes for cash directly from homeowners instead of listing the property on the MLS. Gulf Coast Home Buyers in Panama City, FL, buys houses as-is, saving you any repair costs you may incur.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All types of houses, i.e., distressed properties with structural issues, couples going through a divorce, inherited properties, bad mortgage financing, need to relocate, etc.
  • Closing Date & Offer Terms: While they can close as early as 7 days, Gulf Coast Home Buyers provides flexible closing. This Panama City cash home buyer claims to provide fair cash offers, but you may try negotiating a better deal.
  • Limited Coverage: Gulf Coast Home Buyers covers only 8 markets in Florida.

👉 Our Take: This company that provides cash for houses in Panama City, FL, can be a go-to option for home sellers looking for quick sales. But, if you can wait, an MLS listing on Houzeo.com will increase the number of cash buyers viewing your property, giving you a higher chance of getting multiple offers.

  • Get a no-obligation-to-accept cash offer within 24 hours.
  • Can purchase the home as soon as 7 days or can close as per your convenience.
  • No need to prep the home for listing or worry about house repairs.
  • No service fees or closing costs.
  • Provide you the option of listing your property on the MLS. When sold, Gulf Coast Home Buyers would earn a commission.

Gulf Coast Home Buyers has 4.3 stars out of 5 on Google.

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

Gulf Coast Home Buyers pays cash for homes in 8 locations: Pensacola, Gulf Breeze, Navarre, Fort Walton Beach, Shalimar, Niceville, Destin, and Panama City.

If you cannot find your neighborhood in their coverage area, you can look for other Florida cash home buyers:

» We Buy Houses For Cash in Florida: Check out our list of the top cash home buyers in Florida

Are Companies That Buy Houses for Cash in Panama City Legit?

Yes, companies that buy houses for cash or cash home buyers are legitimate and operate legally in Panama City, FL.

However, no industry is free from scammers or companies following the “malign practices” that exist in every industry. So, 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.

Understanding Companies That Buy Houses for Cash in Panama City, FL

Companies that buy houses in Panama City 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, thus 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

Cash home buyers in Panama City, FL, help home sellers skip the hassle of listing on the MLS, marketing, home staging, etc. Two types of cash home buyers 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 are “franchise” networks of pre-vetted real estate investors. So, every office is operated autonomously by investors buying homes for cash. This network includes retail cash home buyers, local house flippers, and nationwide investors.

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

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 and 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.

» No iBuyer Offers Cash in Panama City: Unfortunately, there are no iBuying markets in Panama City, Florida. Alternatively, you can list your home on the MLS and market it to nationwide real estate investors paying cash for homes. List NOW!

How Do I Sell My House Fast for Cash in Panama City?

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

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

» How Do I Sell My House Fast for Cash: Here’s a guide to help you sell your home fast.

🏡 All the Benefits and No Trade-offs


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


START YOUR MLS LISTING NOW

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

“We buy houses for cash” companies are cash buyers that buy houses “as-is” and at a much lower rate than the market price. These real estate cash buyer companies mostly work offline, and 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” 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 home-buying 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.

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

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

So, 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 are willing to pay less than 70% of the home’s value after renovations/repairs. However, we recommend requesting cash offers from multiple cash home buyer companies, with no obligation to close with them.

    👉 IMPORTANT: 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.

💲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 Panama City: 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 Houses 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. So, 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 negotiation, you can’t expect more than 70% of the market value of your home. However, if you feel the company overlooked something important, some will allow you to make your case and submit additional evidence to support it, but 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. Because 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 Scams

Cash home buyers are legitimate, but there are scammers in every industry, and that’s how cash for houses scams work. Some common “cash for houses” scams are:

  • Fake “We Buy Houses for Cash” Ad: Scammers post signs and blast emails with a “we buy houses for cash” ad. Families in need of liquid cash or struggling to make their mortgage payments fall for this and end up signing property-related documents in a hurry to close the cash transaction. “Cash for houses” companies lease the property to a new tenant, and the owner is still responsible for making the mortgage payments while losing control of their house.
  • Re-assignment Clause in Listing Agreement: In some states, cash home buying companies have made home sellers sign a listing agreement with a “reassign” clause. Essentially, this means the seller is permitting somebody else to take control. Home sellers who fall into this trap lose 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.

Selling to Local Real Estate Investors

Selling to local real estate investors directly 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, 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 often purchase the property as-is and drive a hard bargain to acquire homes for less than the fair market value. So, 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.

🏘️ How to Flip a House: Is flipping houses still profitable in 2022’s slow market?

What About Selling My House with a Panama City 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 in Florida will not save your 6% commission and might be the worst option if you want to earn maximum cash. With Flat Fee MLS companies 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 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 Reputable Cash Home Buyers in Panama City?

Most home buyers purchase homes with a mortgage. But, 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.

  • If 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.
  • In Case 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 Panama City

1. Listing Your Home with Flat Fee MLS Service

Listing with a Flat Fee MLS Florida service gets your property on the market within just 24-48 hours. Thus, Flat Fee MLS is the best way to sell your 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.

👉 Sell Flat Fee MLS via Houzeo: We recommend Houzeo if you want to list and sell your house fast!

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. So, most of the work is handled by the broker, which makes home selling hassle-free.

But the downsides are just as huge. Best realtors will charge between 5% to 7% commissions. That amounts to thousands of dollars in commission you will be paying. Additionally, with local realtors in Florida, 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

» Real Estate Brokers in FloridaCheck out Florida’s top brokers, their services, and commission

3. Sell By Owner

Selling your home purely For Sale By Owner implies that you won’t get access to the MLS. So, 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.

👉 We recommend selling FSBO 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 For Sale By Owner websites 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 reviews and learn why it is one of the best FSBO sites in America.

Frequently Asked Questions

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

Houzeo is the most popular platform for sellers looking for companies offering cash for homes. 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?

List your home on Houzeo.com for multiple cash offers. You can also offer it to Opendoor or another cash buyer. 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 legit?

Yes! Many companies like We Buy Ugly Houses offer cash for houses. 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 take in Panama City?

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

5. Do We Buy Houses companies 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 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 Florida?

With an instant cash offer, you can sell your house fast for cash in Florida. 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.

Resources for Selling Your Florida Home

Thumbnail - Selling a house in Florida

Selling a House in Florida

Selling your house involves various steps like pricing, marketing, negotiating, paperwork, etc. Check out our comprehensive guide for selling your house in Florida.

Thumbnail - Selling a house As Is in Florida

Florida Seller’s Disclosure

A seller disclosure form is a standard checklist form mentioning material defects and features of the property. Read our guide to know your disclosure obligations in Florida.

Thumbnail - What Are the Seller Closing Costs in Florida?

What Are the Seller Closing Costs in Florida?

Home sellers incur costs over and above the property’s purchase price to complete the transaction. Find the seller’s closing costs for your house.

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