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11 min read May 11, 2023

7 Best Companies That Buy Houses for Cash in St. Louis, Missouri (2023 Updates)

From St. Louis to Kansas City, Missouri’s housing market is experiencing a major shift. Home buyer demand has fallen sharply, and interest rates have reached record highs.

But even in this market, 23% of homes in St. Louis were bought in all cash. With expensive mortgages, home buyers with cash have a leg up on buyers looking to get a mortgage.

For home sellers, companies that buy houses for cash in St. Louis are much more attractive than buyers with financing. Cash buyers offer certainty of sale, often eliminating home inspections and the hassle of lender approvals.

Cash buyers in St. Louis also make instant offers, allowing you to close at your convenience with flexible closings.

🚀 The Rise of All Cash Offers

  • Cash is King: 31.2% of Americans sold their homes for cash in December 2022, compared to 25.3% in all of 2020. This number is expected to rise in 2023 as financing becomes more expensive.
  • iBuyers are Not a Viable Option: iBuyers have either shut down or have suffered massive losses. Our analysis suggests that iBuyers will offer much less than Fair Market Value (FMV) for your home in 2023 and 2024.
  • Who Will Buy My House for Cash in St. Louis: A cash marketplace like Houzeo.com is a great option to get multiple cash offers for your property. Opendoor and We Buy Houses are also good options.

Not all companies that buy houses for cash are the same. Some companies can get you 100% of your property’s fair market value, while others may offer as low as 50%.

We’ve ranked the best cash home buyers in St. Louis so you can sell your house fast for cash.

Reviews: 7 Best Companies That Buy Houses for Cash in St. Louis, Missouri

1. Houzeo.com

Max Exposure to Cash Buyers

Houzeo

Houzeo Logo
  • Service Fee: $349 Listing Fee
  • Available in 80+ U.S. Markets
  • 5 Stars 4.9/5 (out of 4,523 reviews)

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 win your property, investors could make multiple cash offers for your home.

  • Service Fee – $349: Houzeo does not charge a 5% service fee or any undisclosed closing fee.
  • 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 Reviews: Learn why Houzeo is America’s Real Estate Super App

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 Houzeo Mobile App is also very powerful.
  4. No Listing Commission: In most states, you’ll be paying just a small flat fee to list on MLS. Houzeo covers 47 states + DC! And remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission!

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 4,523 home sellers on Google and Trustpilot!

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

With a typical cash buyer, you only get an offer from that specific cash house buyer. Because there is no competition, that typical cash buyer will only offer 30% to 70% of your property’s value.

Houzeo is America’s most advanced real estate marketplace. If you list on the Houzeo marketplace, your listing gets exposed to St. Louis home buyers and national cash buyers via the MLS.

This increased competition for cash offers for your house will ensure you get up to 100% of your property’s value.

» Missouri Flat Fee MLS: List your home for a flat fee and attract MO house cash buyers!

2. Opendoor

BIGGEST IBUYER

Opendoor

Opendoor Logo
  • Service Fee: 5%
  • 📍 Coverage: 45 markets
  • Opendoor has 4.4 stars out of 5 4.4/5 (out of 3,092 reviews)

Opendoor is the country’s biggest iBuyer. They offer fast cash for homes with flexible closing timelines.

  • Service Fee: 5% of Home Sale Price.
  • Typical Offer: 70% to 80% of your property’s fair market value (FMV)
  • Eligible Properties: Opendoor will make cash offers only on owner-occupied properties built post-1930 with a maximum lot size of 1.5 to 2 acres. Prefabricated homes, inherited properties, or homes with tenants do not qualify for Opendoor’s cash offer.
  • Closing Offer Terms: Opendoor lets you close at your pace, up to 45 days out. The final offer terms may change after the home inspection.

» Opendoor Reviews: Why Opendoor will Pay Much Less than Fair Market Value in 2023?

  • Wide Coverage: Opendoor pays cash for houses in 51 markets– Boston, Albuquerque, Cincinnati, Indianapolis, Birmingham, Miami, San Francisco, San Jose, etc.
  • Flexible Closing Dates: Opendoor gives you the ability to close at your convenience up to 45 days out.
  • Late Checkout Upto 14 Days: Opendoor allows sellers to close on their homes, receive sale proceeds, and temporarily rent their homes.
  • No Cancellation Fees: You can cancel the contract without any cancellation fee.
  • No Upfront Costs: When you sell to Opendoor, you skip the traditional home selling process. No need to fix, repair or stage the property!

» Opendoor complaints: Click here to learn about the pros and cons of them.

In our research, we came across some deal breakers with Opendoor.

  • Lowball Cash Offer: Opendoor’s final cash offer may be below the property’s fair market value, around 70%. They also deduct repair and closing costs.
  • Hefty Service Fees: Opendoor revises the final cash offer based on the inspection report. The service fees can go from 5% to 14%. This is significantly higher compared to the 6% realtor commission.
  • Opendoor May Back Out of the Deal: Some homeowners have had a bad experience with Opendoor. Opendoor backed out of the cash deal at the last minute, leaving the homeowner stranded.
  • Undisclosed Repair Cost Breakdown: The difference between Opendoor’s preliminary offer vs. final offer can be humongous. In many cases, sellers were forced to pay for unnecessary “repairs.”
  • Strict Eligibility Criteria: Opendoor doesn’t pay cash for inherited properties, homes with tenants, pre-fabricated or mobile homes, and properties located in a flood zone.

» Opendoor Complaints: Check out the common complaints of Opendoor.

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

» Opendoor.com Review: Does Opendoor pay the market value of your property?

Opendoor offers a simple, convenient platform to request cash for your home. However, Opendoor’s service fees can be as high as 14% of your home’s sale price. The repair cost breakdown is not disclosed in the closing statement.

In 2023’s slow real estate market, Opendoor may not be the best option to sell your home. Their offer will be below the fair market value of your property.

» Offerpad vs. Opendoor: Compare the two iBuyers before requesting a cash offer on your house.

3. Offerpad

FASTEST CLOSING

Offerpad

Offerpad-Logo
  • Service Fee: 6%
  • Close in 10 days
  • Offerpad has 4.5 stars out of 5 on TrustPilot 4.6/5 (out of 165 reviews)

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 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 7 days. The initial offer terms may change after the inspection of your house.

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

  • Lightning Fast Closing: With Offerpad’s cash-for-house offer, you can close your property in seven 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? Check this out to know more about them.

In our research, we found some issues associated with Offerpad Real Estate.

  • Lowball Cash Offer: Offerpad’s cash offer is below market value, typically around 60% to 80% of the fair market value.
  • 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 out of 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 Review: Read the in-depth review of Offerpad.

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

» Offerpad Review: Check out customer reviews of Offerpad.

Offerpad’s closing process is faster than other “cash for houses” companies. So, you should request a cash offer from Offerpad if you want to sell your house quickly.

However, the difference between Offerpad’s initial and final cash offers is quite high. Once, a home seller was offered $189,000 but received a lowball offer of $149,000 after Offerpad’s home inspection.

» What Does a Home Inspector Do: Here’s what a home inspector looks at in a property inspection.

4. We Buy House

FAST CLOSING

We Buy Houses

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

WeBuyHouses.com is a pre-vetted real estate investor network. We Buy Houses “thoroughly” vet their investors before authorizing them to operate independent offices in their respective jurisdictions.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Eligible Properties: Distressed properties with structural issues, relocation of the homeowner, couples going through a divorce, a death in the family, flawed mortgage financing, inherited homes, high-crime neighborhoods, etc.
  • Closing Offer Terms: We Buy Houses provides a flexible closing date, up to 60 days out. Offer terms are inflexible.

👉 Our Take: We Buy Houses operates on a franchise model, so the quality of service may differ. You should check the reviews of the local franchise before requesting cash for your home.

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

  • Fast Cash Offers for Houses: You will typically receive WeBuyHouses.com’s initial cash offer within two days.
  • Zero Service Fees: WeBuyHouses doesn’t charge any service fee in exchange for the convenience of selling your home for cash
  • Fast Closing: We Buy Houses.com will close in just seven days after you accept their cash offer.
  • Firm Cash Offer: We Buy Houses Com’s cash offer is usually in line with the preliminary cash offer unless the inspector identifies major flaws during the home inspection.
  • Broad Coverage: We Buy Houses makes cash offers on properties in 200 markets in over 30 states. WeBuyHouses com has 2,700 offices nationwide.
  • Zero Upfront Expenses: When selling to WeBuyHouses Com, you don’t need to prep the home or worry about repairs.

» What is we buy houses? To know more about them check this out.

In our research, we came across some dealbreakers with We Buy Houses.

  • Lowball Cash Offer: We Buy Houses investors may put in lowball cash offers around 50% to 70% of the fair market value. This is lower than what you can get on the open market.
  • WeBuyHouses.com is Not 100% Online: WeBuyHouses has a limited tech stack. This means a lot of processes, like requesting a counteroffer or managing inspections, will be offline and manual. We Buy Houses does not offer a mobile app.
  • Non-Negotiable Cash Offers: A ‘We Buy Houses’ investor may not offer more than 70% of your property’s fair market value. Even if your property isn’t distressed, they will rarely budge on the offer price.
  • Inconsistent Quality of Service: When you sell to a cash buyer franchise like WBH, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.

» WeBuyHouses.com Reviews: Learn how WeBuyHouses.com works.

We Buy Houses has zero customer reviews on popular review sites like Google or Trustpilot.

» webuyhouses.com reviews: Check this out to know more about them.

WeBuyHouses.com is a private, pre-vetted network of real estate investors. We Buy Houses’ investors will buy properties as-is for cash.

If your property is inhabitable and only needs some cosmetic repairs, you should consider making repairs. Nationwide investors scour the MLS for fix-and-flip homes, so you might get a competitive cash offer.

» Flat Fee MLS Listing Services Near You: List your home on the open market with a local flat fee service.

5. We Buy Ugly Houses

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 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, couples going through a divorce, a death in the family, 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.

» We Buy Ugly Houses Reviews: Everything you need to know about these home cash buyers.

  • 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.
  • No Upfront Costs: When selling to WeBuyUglyHouses Com, you don’t have to fix your leaking roof or the mold residing in your walls.

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

In our research, we found some issues associated with We Buy Ugly Houses.

  • 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.

» Reviews of We Buy Ugly Houses: Check WeBuyUglyHouses reviews before requesting a cash offer for your condo.

We Buy Ugly Houses has 2 out of 5 stars with 6 reviews on Yelp.

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

We Buy Ugly Houses, a trademark of “HomeVestors”, operates on a franchisee model. Local investors or those flipping houses in the U.S. are the owners of these franchises. They buy St. Louis houses for cash as-is.

Each WeBuyUglyHouses franchisee has its own rules, so the cash offer terms and service quality may not be consistent.

» Selling a Home As Is in St. LouisCheck out our guide for selling your St. Louis house as-is.

6. Saint Louis Home Buyers

EXPERIENCED HOME BUYER

Saint Louis Home Buyers

CCC - Saint Louis Home Buyers Logo
  • Service Fees: None
  • Offers made in 24 hours
  • 5 Stars 3/5 (out of 2 reviews)

Saint Louis Home Buyers have been helping St. Louis homeowners sell their houses fast for cash for the past 30 years. Partnering with them will give you a hassle-free experience of selling your house.

  • Service Fee:  None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Eligible Properties: All types of properties will be taken as-is.
  • Closing Offer Terms: On average, the closing time is 5-10 days.

👉 Our Take:  Saint Louis Home Buyers is an experienced home buyer who functions only in St. Louis so their knowledge regarding the real estate of St. Louis has depth that can be trusted.

  • Instant Cash Offers: You will receive a no-obligation offer within 24 hours.
  • No Additional Cost: There are no commission fees or hidden costs.
  • Quick Closing: The closing date can even be within 5 days.

In our research, we found some dealbreakers of Saint Louis Home Buyers:

  • Not Many Reviews: Saint Louis Home Buyers only have 2 reviews on Google reviews and none on any other platform.
  • Saint Louis Home Buyers is Not 100% Online: They have 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.

Saint Louis Home Buyers has 3 out of 5 stars on Google Reviews.

Saint Louis Home Buyers has been working exclusively in Saint Louis, MO for over 30 years. They buy distressed properties as-is.

They have more of direct to customer approach rather than the use of technology. This is evident in their long years of experience and lack of customer reviews on any platform.

7. Chris Buys Homes

LOCAL CASH BUYER

Chris Buys Homes in St. Louis

Companies that buy houses for cash in Missouri
  • Service Fee: None
  • 4.75 Stars  4.7/5 (out of 94 reviews)

Chris Buys Homes in St. Louis is a real estate investment firm based in Missouri that buys houses for cash. The company offers cash on houses in as-is condition and you can avoid walk-throughs, closing costs, and costly repairs.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Eligible Properties: Chris Buys Homes in St. Louis offers cash on houses in any condition and situation, including inherited properties, behind on payments, divorce, hoarder houses, and so on.
  • Closing Offer Terms: Chris Buys Homes in St. Louis provides a flexible closing date, up to 30 days out. Their offer terms are pretty flexible, and there isn’t a need for an appraisal for the cash property sale.

👉 Our Take: Chris Buys Homes in St. Louis will help you to get rid of a burdensome property with a true hassle-free process. However, an MLS listing increases the chances of competitive cash offers.

  • Instant Offers: You will get an offer within 24 hours of contact.
  • Quick Closing: You can close in as little as three weeks.
  • Sell As-Is: They buy houses as-is so you don’t need to worry about making repairs or renovations to your house.

In our research, we found some drawbacks of Chris Buys Homes in St. Louis:

  • After Repair Value: The offers are known to change drastically after a home inspection, reducing the value for repairs.
  •  Low Ball Offers: Previous customers have complained that they give you low ball offers. They also spam you with calls to accept their offers.

Chris Buys Homes in St Louis has 4.7 out of 5 stars from 94 reviews on Google Reviews.

Chris Buys Homes is a local cash home buyer working in and around Missouri. They buy distressed properties as-is and they even cover closing costs.

However, they have customer reviews complaining of low ball offers and spam calls. We suggest you to do a through research before selling to them.

iBuyers That No Longer Offer Cash for St. Louis Homes

  • Zillow Offers: Zillow, the biggest real estate marketplace, started its iBuying arm in 2018. After losing $881M while over-paying cash for properties, in November 2021, Zillow stopped buying houses. Check out the story of the fall of Zillow Offers.
  • RedfinNow: Redfin, the biggest discount real estate broker in the U.S., entered the home-flipping business with RedfinNow in 2017. In November 2022, RedfinNow shut down due to increasing operating costs.

Are Companies That Buy Houses for Cash in St. Louis Legit?

Yes, companies that buy houses for cash in St. Louis or cash house buyers are legitimate and operate legally nationwide.

🚨 Cash for Houses Scams: Remember to inspect how the cash company operates before you sign any real estate contract. A legitimate home buyer will never ask you to pay cash!

Types of Cash Home Buyers

Companies that buy homes for cash in St. Louis help home sellers skip the hassle of listing on the MLS, marketing, home staging, etc. The four types of cash home buyers are:

  • “We Buy Houses for Cash” Companies: The “fix-and-flip” house cash buyers that buy distressed properties, make repairs, and sell on the open market. St. Louis home buyers pay 30% to 70% of the home’s fair market value and don’t have any service fees or closing costs.
  • iBuyers: Home-buying companies that use proprietary algorithms and determine a cash offer for your house. In 2023, iBuyers in St. Louis will offer ~70% to 80% of the fair market value.
  • Buy-and-Hold Cash Buyers: A buy-and-hold cash buyer in St. Louis will convert a distressed house into a rental property. They do not sell the upgraded property for a one-time profit and will enjoy a steady source of income.
  • Home Trade-In Services: A home trade-in company will offer cash on your house to help you buy another property. They fund your next house while you sell the one you’re living in.
    🏚️ Selling a Home in Poor Condition in St. Louis: We recommend “We Buy Houses for Cash” companies if your property is in bad shape. If the property only needs cosmetic repairs, you should list your home on Missouri MLS. You can get up to 100% of the fair market value on the open market!

Top “We Buy Houses in Missouri” Companies Near You

1. Kansas City, MOWe Buy Houses for Cash in Kansas City, MO

How Do Companies That Buy Houses for Cash Work?

“We buy houses for cash” companies buy St. Louis houses “as-is” at much lower than the market value. They mostly work offline. Let’s look at the steps involved when you sell your house to a “We Buy Houses for Cash” company:

  1. Share Your Property Details: Cash buyer companies in MO will collect basic information like the location and condition of your property. You can share this via phone or their website.
  2. Review the Preliminary Cash Offer: The “cash for homes” St. Louis company will make an offer after comparing similar properties in the area. Typically it is 30% to 70% of the home’s fair market value.
  3. Complete a Home Inspection: Missouri home inspectors will perform an inspection if you accept the initial offer. After adjusting repair expenses and holding costs, the cash house-buying company will send a final offer.
  4. Accept the Final Cash Offer & Close: If the Missouri home cash buyer’s final cash offer matches your expectations, then you can finalize the closing timeline.

» Sell My Missouri House Fast: Check out 5 ways to sell your Missouri house fast in 2023.

How Much Do St. Louis “We Buy Houses Cash” Companies Pay?

Companies that pay cash for houses in St. Louis use the 70% ARV rule.

Suppose your home is worth $300,000, and you have a defective roof that will cost $25,000 in repairs. So, you can expect a cash offer of about $185,000.

The 70% ARV Rule: St. Louis house buyers will never pay more than 70% of the property’s fair market value. They have to repair and renovate the acquired homes. The overhead expenses are deducted from your home sale proceeds.

» How Much are Closing Costs for Seller in Missouri: Find home sale proceeds from selling your house in Missouri.

“We Buy Houses for Cash” St. Louis: Pros and Cons

The biggest benefit of St. Louis cash buyers is their speed and convenience. Selling a house for cash will almost always net you 10% to 30% less than a financed offer though. Let’s look at the pros and cons of selling a home to a cash home buyer:

✅ Pros

  • Fast Cash Sale: In the traditional model, you have to list on the MLS and wait for potential buyers. However, 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 Cash Missouri” companies move faster than traditional buyers. Home sellers can close on their timeline and need not wait for listing paperwork or mortgage pre-approvals!
  • No Service Fees: “Cash for homes” companies don’t charge any service fees. The net profit after fixing and selling your home is enough for them to sustain their fix-and-flip model.
  • No Upfront Costs: To earn maximum cash, home sellers invest in real estate photography and staging before listing on the MLS. MO cash home buyers purchase homes as-is, so you can skip marketing or repair costs.

❌ Cons

  • Lowball Cash Offers: Companies that buy homes in Missouri generally pay 50% to 70% of the home’s fair market value, deducting all repair, utility, and re-selling expenses. Although there may be room for negotiations, you can’t expect more than 70% of the market value of your home.
  • Non-Negotiable Deals: When dealing with “cash for houses” companies, the deal is usually take-it-or-leave-it. You can try to negotiate if the company overlooked something important, but most cash companies will not budge on price.
  • Some Cash Buyers Will Make You Pay Closing Costs: Homeowners are forced to pay the seller’s closing costs, and it’s not disclosed on the cash buyer’s site. You should always read the terms and conditions document carefully.

» Estimate Seller Closing Costs Missouri: Breakdown of closing costs you incur as an MO home seller.

Alternatives to Companies That Buy Houses for Cash in St. Louis

  • List Your Home With a Flat Fee MLS Service: With a Flat Fee MLS service, you can get up to 100% of the fair market value on the open market. High-tech For Sale By Owner websites like Houzeo will list your home on the local MLS within 24-48 hours and help you sell fast! 22% of homes listed on MLS sold above their final list price in February 2023.
  • Hire a Top Realtor: Missouri Realtors have the expertise to help you sell your property fast within a set timeline. However, the best realtors will charge a 6% commission. That amounts to thousands of dollars in realtor commission! It’s the worst option if you want to earn maximum cash.
  • Sell “For Sale By Owner”: Selling your home purely For Sale By Owner implies no access to the MLS. You market your property, conduct market research, manage offers and showings, etc., all by yourself.

» For Sale By Owner Websites in Missouri: Check out the best FSBO sites in the Show-Me State

Frequently Asked Questions

1. What is the best company that buys houses for cash in St. Louis, Missouri?

Houzeo is the most popular platform for sellers looking for companies that buy homes for cash. Houzeo lets you access the power of the MLS for a small flat-fee.

MLS listings get syndicated on Zillow, Realtor.com, Trulia, Redfin.com and hundreds of other websites. Listing your home on the MLS will allow you to target all companies that buy homes for cash – local and national. More exposure means more competition and highest cash selling price.

Houzeo also offers superb technology giving you full control of your listing. And if you run into any issues, Houzeo’s 5-star customer service team is available to help.

» How Much Does it Cost to List on MLS: Read to Know Why MLS Listings are Worth the Cost.

2. How do you sell a house to cash buyers in St. Louis, Missouri?

In most cases, you must enter your classified info via an online portal or a telephone chat. Following that, you must schedule an inspection and receive a final cash offer. Once you've decided to accept the offer, you can usually select your own closing date.

What is the fastest way to sell a house in St. Louis, Missouri?

The Best options to sell your house fast:
1.You can sell your house fast using MLS listing service companies like Houzeo.
2.FSBO (For Sale By Owner)
3.Sell to cash home buying company

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

Approximately, 10-30 days. It depends on the buyer and the specific situation.

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

If you wish to sell your house "as is" in Atlanta, GA, you must specify in your ad that you are not willing to do any repairs. It's as simple as inserting "as is" in the MLS listing description of your home.

Companies That Buy Houses for Cash Missouri St. Louis

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