7 Best Companies That Buy Houses for Cash in Sarasota in 2024

Houzeo is the best option if you’re looking for multiple cash offers. Your MLS listing will be exposed to local and national cash buyers. In an attempt to secure your property, investors could make multiple cash offers for your home.

• Fee: Houzeo does not charge a 5% service fee or any undisclosed closing fee
  • $399 + $350 at Close: MLS Listing: 6 months, 24 photos
  • $399+0.5% at Close: Maximum photos, premium yard sign
  • $429+0.5% at Close: Pricing assistance, contract review, real estate forms, licensed broker assistance
  • $449+1% at Close: Virtual full-service with licensed broker, offer negotiations
• Typical Offer: Up to 100% of your property’s fair market value (FMV).
• Eligible Properties: On Houzeo Marketplace, you can market properties in any condition and sell your house as is.
• Closing Offer Terms: You can specify your preferred closing date and the closing offer terms.

👉 Our Take: For sellers looking to maximize their cash offers, we recommend Houzeo’s Gold plan. You will have access to Houzeo’s advanced features to negotiate the best terms for your cash offer.

Houzeo is a real estate marketplace and America’s #1 Flat Fee MLS service because of 4 reasons:

1. Max Exposure: Houzeo MLS packages give you access to the MLS and 100s of websites like Zillow, Trulia, Realtor.com, Redfin, etc.
2. 5-Star Customer Service: Houzeo has a fully staffed customer service desk available 6 days a week. Chats and emails are open 7 days a week.
3. 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers. The Houzeo Mobile App is also very powerful.
4. No Listing Commission: In most states, you’ll pay just a small flat fee to list on MLS. Houzeo covers 47 states and DC! Remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission!
5. Home Value Estimator: Houzeo’s home value estimator is online and quick to know the FMV of your home. It provides free home value estimates within 30 seconds.

There are no dealbreakers with Houzeo. Check out the blog on Houzeo pros and cons.

» Houzeo Reviews: Houzeo is rated “Excellent” with a 4.9 out of 5-star rating by 10,000+ home sellers on Google and Trustpilot!

Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.

Offerpad has the fastest closing among iBuyers. Based on housing market trends, their patented evaluation tool will generate an initial offer for your home.

They also have a “List on MLS” package where an Offerpad representative will list your property on the open market.

• Service Fee: 6% of the home sale price.
• Typical Offer: 70% to 80% of Fair Market Value (FMV).
• Eligible Properties: Offerpad offers cash for houses built after 1960, with a maximum lot size of 1 acre and a max valuation of up to 1M. Homes with significant foundational issues or rundown properties are not eligible. Check this out to know more about Offerpad criteria.
• Closing Offer Terms: When you sell to Offerpad, you can close as early as 8 days. The initial offer terms may change after the inspection of your house.

• Lightning Fast Closing: With Offerpad’s cash-for-house offer, you can close your property in eight days.
• No Need to Fix the Property: When you sell your house for cash, you don’t incur upfront costs to fix, prepare or stage the house.
• Extended Checkout: Long-term stay option for house sellers who want to push their closing date after acceptance.
• Broad Coverage: Offerpad buys houses for cash in 27 markets- Birmingham, Phoenix, Denver, Fort Collins, Fort Myers, Jacksonville, Atlanta, Kansas City, etc.

» What is Offerpad? Here’s everything you need to know about them.

• Lowball Cash Offer: Offerpad produces two offers- initial and final. The difference between the two cash offers can be quite high. Once, a home seller was offered $189,000 but received a lowball offer of $149,000 post Offerpad’s home inspection.
• High Service Fees: The Offerpad cash offer is readjusted based on repairs identified by the home inspector. The service fees can go up to 13% of the home sale price.
• Offerpad Cancellation Fee – 1%: If you are only 4 days away from your closing date and you decide not to accept Offerpad’s cash offer, Offerpad charges a cancellation fee of 1% of the home sale price.
• Inflated Repair Costs: Offerpad’s final cash offer is calculated after deducting home repair and seller closing costs. The difference between Offerpad’s initial offer and the final offer is huge.

Offerpad has a 3.2 out of 5-star rating on TrustPilot.

» Offerpad Review: Check out customer reviews of Offerpad.

House Heroes is a local cash buyer in Florida known for making fair cash offers on houses. Past sellers appreciate Lucas’s attention to detail and responsiveness in selling their homes quickly.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: All types of distressed properties like homes with foundation issues, properties with bad mortgages or homes facing foreclosure, inherited properties, damaged houses, etc.
• Closing Offer Terms: House Heroes closes on properties within 7 days typically. They offer flexible closing timelines.

👉 Our Take: House Heroes is a great choice for sellers who don’t mind leaving some cash on the table to sell their Florida home as is.

» What Is House Heroes: Read this to know more about the company.

• Free Cash Offer Florida: House Heroes makes free cash offers within 2 days. Some homeowners claimed they got an initial offer within hours.
• Flexible Closing: You can sell properties within 7 to 45 days after you accept House Heroes’ cash offer.
• Local Coverage: House Heroes purchases homes for cash in 11 counties across Florida. They also buy properties in New Jersey, California, and Massachusetts.
• Zero Upfront Expenses: When selling to House Heroes, you don’t need to invest in home improvements or renovations. You can request a cash offer for the property in its existing condition.

We came across the following red flags associated with House Heroes, Florida:

• Non-Negotiable Cash Offers: House Heroes may not offer more than 70% of your property’s fair market value. Even if your property is pristine, they will not increase the cash offer.
• Lowball Cash Offers: This “We Buy Homes Florida” cash buyer may put in lowball cash offers of around 50% to 70% of the fair market value. If your property only needs cosmetic repairs, we recommend you list on MLS by owner and sell for top dollar!
• HouseHeroes.com is Not 100% Online: Househeroes.com has a limited tech stack. This means a lot of processes, like requesting a counteroffer or updating the cash offer terms, will be offline and manual. Houses Heroes does not offer a mobile app.

House Heroes has 4.9 stars out of 5 on Google Reviews, with 55 reviews.

» House Heroes Vs. Houzeo: Read the comparison further to know which is the better choice.

Investment Capital Home Buyers is a real estate solutions company and local cash home buyers in Orlando, Florida. They have 15+ years of experience in the Orlando real estate market as cash home buyers.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: Distressed properties with structural issues, condemned properties, bad mortgage financing, inherited houses, houses facing foreclosures, etc.
• Closing Offer terms: Investment Capital Home Buyers offer flexible closing within 7 to 30 days.

👉 Our Take: Investment Capital Home Buyers is a good option for home sellers who want to sell their house quickly for cash in as-is condition in Orlando.

• Quick Cash Offers: Investment Capital Home Buyers makes fair, no-obligation all-cash offers within 24 hours.
• Flexible and Fast Closing: As an owner, you can decide upon the closing date. Once you accept their offer, they close within 7 to 14 days.
• Good Local Coverage: Investment Capital Home Buyers offer its services throughout the state of Florida.
• Zero Service Fees: No service fees, no commissions, and no closing costs.
• Sell As-Is: You save on repair costs and can sell your house as-is.

» Pros and Cons of Investment Capital Home Buyers: Read about the advantages and drawbacks before dealing with Investment Capital Home Buyers.

We came across the following red flags associated with Investment Capital Home Buyers:

• Lowball Cash Offers: Investment Capital Home Buyers may put in lowball cash offers of around 50% to 70% of the fair market value. This is lower than what you can get on the open market.
• Not Many Reviews: Investment Capital Home Buyers has only 4 reviews despite being in the local market for a long time.

Investment Capital Home Buyers has 5 out of 5 stars with 4 reviews on Google.

» Investment Capital Home Buyers Reviews: Read our in-depth review on Investment Capital Home Buyers.

We Buy Ugly Houses is a 20-year-old cash home buyer franchise. Independent real estate investors own and run each franchisee office. The parent company trains the franchisee but doesn’t micromanage their cash home-buying preferences. The brand, We Buy Ugly Houses is owned by HomeVestors.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: Ugly homes with structural issues, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
• Closing Offer Terms: WeBuyUglyHouses provides a flexible closing date, up to 30 days out. Offer terms are subject to change based on the local franchisee office.

👉 Our Take: We Buy Ugly Houses is best for sellers who want to unload their distressed houses quickly. You shouldn’t expect more than 70% of your property’s market value.

• Fast Cash Offers for Homes: WeBuyUglyHouses.com will share a preliminary cash offer for your property in 24 to 48 business hours.
• Zero Service Fees: WeBuy Ugly Houses doesn’t charge any service fee in exchange for the convenience of selling your home for cash.
• Fast Closing: We Buy Ugly Houses.com will close in just seven days after you accept their cash offer.
• Firm Cash Offer: We Buy Ugly House’s cash offer is usually in line with the preliminary cash offer unless the inspector identifies major flaws during the home inspection.
• Wide Coverage: We Buy Ugly Houses offers cash for homes in 1,100 locations across 45 states.

» We Buy Ugly Houses Review: How does WeBuyUglyHouses.com calculate your cash offer?

In our research, we found some We Buy Ugly Houses drawbacks.

• Lowball Cash Offer: We Buy Ugly Houses pays less than what sellers could get on the open market. The cash offer is around 50% to 70% of the property’s fair market value.
• WeBuyUgly Houses.com is Not 100% Online: We Buy Ugly has a limited tech stack. This means a lot of processes, like requesting a counteroffer or managing inspections, will be offline and manual. They don’t even have a mobile app.
• Non-Negotiable Cash Offers: We Buy Ugly Houses will not offer more than 70% of your property’s fair market value. They rarely increase the price quoted in the initial cash offer.
• Inconsistent Quality of Service: When you work with house buyers like WeBuy UglyHouses, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.

We Buy Ugly Houses has 1.6 out of 5 stars with 9+ reviews on Yelp.

» We Buy Ugly Houses Complaints: Check what customers say about WeBuyUglyHouses.com.

ASAP Cash Home Buyers started their journey in 2013. They are a reputable cash buyer who refers their clients to credit and legal counseling services.

• Service Fee: None
• Typical Offer: 50% to 70% of the Fair Market Value (FMV)
• Eligible Properties: Extremely distressed properties with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, empty lots, etc.
• Closing Offer Terms: They provide a flexible closing date from 3 weeks to any date of your choosing.

👉 Our Take: ASAP Cash Home Buyers’ is a good choice if you want to save on repair costs. However, you have to settle for a price significantly below the fair market value.

» Pros and Cons of Asap Cash Home Buyers: Here’s everything you need to know.

• Nationwide Coverage: ASAP Cash Home Buyers offers their services nationwide.
• Flexible Closing Date: You can set a closing date as per your convenience.
• No Hidden Costs: ASAP Cash Home Buyers have no undisclosed fees or hidden costs.
• Sell As-Is: They buy houses as-is saving you repair and home staging costs.

Here are some drawbacks of ASAP Cash Home Buyers that we came across in our research:

• Inconsistent Quality of Service: When you sell to a cash buyer franchise, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.
• No Commercial Properties: ASAP Cash Home Buyers are not interested in properties like timeshares, hotels, or rental communities.
• Limited Customer Reviews: You cannot be sure about their service with only a handful of reviews on Google and nothing on other platforms.

ASAP Cash Home Buyers have a rating of 3.7 out of 5-stars with 10+ reviews on Google.

» ASAP Cash Home Buyer Review: Read our in-depth review.

Sarasota Home Buyers is a local cash home buyer located in Sarasota, FL. Founded in 2019, Joe and Rosalyn produce cash offers on all types of houses, in “as-is” condition.

• Service Fee: None
• Typical Offer: 50% to 70% of Fair Market Value (FMV)
• Eligible Properties: Distressed properties with structural issues, inherited properties, bad mortgage financing, code violations, homes located in flood-prone areas, etc.
• Closing Offer Terms: Sarasota Home Buyers can close on the property in just 7 days.

👉 Our Take: Sarasota Home Buyers can be a good option if you are on a short timeline and need to sell your home fast. They are professionals with good real estate market knowledge in Sarasota region.

• Quick Cash Offers: Sarasota Home Buyers makes fair, no-obligation all-cash offers within 24 hours.
• Flexible and Fast Closing: As an owner, you can decide upon the closing date. Once you accept their offer, they close within 7 days.
• Zero Service Fees: No service fees, no commissions, and no closing costs.
• Sell As-Is: You can save on repair costs and sell your house as-is.

» Pros and Cons of Sarasota Home Buyers: Read further to know the advantages and disadvantages of Sarasota Home Buyers.

In our research, we came across some deal breakers of Sarasota Home Buyers.

• Lowball Cash Offers: Sarasota Home Buyers may put in lowball cash offers of around 50% to 70% of the fair market value. This is lower than what you can get on the open market.
• Not Many Reviews: Sarasota Home Buyers has only 1 review on Google despite being in the local market for a long time.
• Limited Local Coverage: Sarasota Home Buyers are available in only 6 markets of Florida: Sarasota, Fruitville, Siesta Key, Sarasota Springs, Lakewood Ranch and Venice.

Sarasota Home Buyers has 5 stars out of 5 from 1 review on Google.

» Sarasota Home Buyers Reviews: Know why it is not the best way to sell with Sarasota Home Buyers in 2023.