4.3
Editor's Rating2.3
User Rating (3 Reviews)Handsome Homebuyer is a cash-for-homes company. They purchase houses as is, in Long Island and New York City. They are great for sellers who want to sell their homes fast.
Pros
Cons
Handsome Homebuyer is a local cash-buyer company that operates in select markets of New York City. You can sell your home as is to this company. They buy a property even if it needs major repairs or if you are facing any financial distress.
Handsome Homebuyer closes within 5-7 days. Their closing time is faster than many of their local competitors. They also give you the convenience of choosing your preferred moving date.
Cash buyers typically adhere to the 70% rule. This means they offer 70% of the property’s after-repair value. Although Handsome Homebuyer doesn’t disclose anything about their offer amount, they likely follow a similar trend.
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✍️ Editor’s Take: We recommend you opt for cash buyer marketplaces. They connect you with nationwide investors and buyers, increasing your chances of getting multiple cash offers. This way, you can choose the best offer and close the deal faster.
Is Handsome Homebuyer Legit?
Yes, Handsome Homebuyer is a legitimate cash-for-homes company. The company was founded by Charles Weinraub in 2016. Handsome Homebuyer has their headquarters in West Babylon, New York.
Handsome Homebuyer is not BBB accredited. However, BBB, on their official website does recognize the company for their longevity of the businesses.
Types of Properties Handsome Homebuyer Purchases
Handsome Homebuyer purchases all types of properties, including single-family homes, 2-family homes, apartment buildings, commercial property, and vacant lands.
What if your property is distressed? You can still sell it to Handsome Homebuyers. They buy properties regardless of their condition. They also purchase inherited properties or financially distressed properties.
Handsome Homebuyer Coverage
Handsome Homebuyer purchases properties in the following markets of New York:
- Long Island
- Nassau County
- Suffolk County
- All 5 boroughs of New York City
How Does Handsome Homebuyer Work?
Handsome Homebuyer’s M.O. is similar to any other cash buyer. You can call them on the number given on their website or follow these steps to get an offer:
- Contact Handsome Homebuyer: Request an offer estimate by filling out a form on handsomehomebuyer.com. You need to provide the property address, your name, and contact information.
- Consult With Their Representative: An agent from their team will contact you to discuss the details of your property.
- Get Offer: They extend a no-obligation cash offer within 24 hours. If you do not like the offer, you can walk away.
- Close on the Home: If you like their offer, you can close on the house within 7 days.
With Handsome Homebuyers, you don’t have to pay any commissions or closing costs. If you sell through an agent, total costs incurred around the sale can go as high as 10% of the home’s price.
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✍️ Take Note: Handsome Homebuyer don’t disclose whether they visit your property or extend offers based on the discussion. Companies that make offers without conducting a visitng property often deviate from the initial terms if significant issues with the property arise. Therefore, we strongly advise clarifying such matters in advance to mitigate any potential discrepancies after accepting the offer.
How Much Does Handsome Homebuyer Pay?
Usually, cash buyers like Handsome Homebuyer pay 50% to 70% of your home’s market value. For a $450,000 home, the offer could range between $225,000 and $315,000.
The offer also depends on the condition or financial situation of your house. So, they can further lower the offer if your house is severely damaged or facing foreclosure.
The market conditions, local real estate trends, and seasonal variations also impact the offer. For instance, in areas undergoing economic growth, you’re likely to receive a higher offer. Conversely, if the locality has higher crime rates, the offer might be significantly lower.
» What’s My Home’s Value: You can know your home’s market value with Houzeo Cash Offers’ free Home Worth Estimator. It helps you estimate the amount you will get upon sale.
Handsome Homebuyer Reviews
We compiled Handsome Homebuyer ratings and reviews from Google and Yelp. They have a 4.5-star rating on Google based on 109 reviews. On Yelp as well, the company has a 2.6-star rating based on 11 reviews.
Several customer reviews highlight Handsome Homebuyer’s industry knowledge and straightforward selling process. There are also few negative reviews where people have complained about their below-market value cash offers.
| Website | Rating | Review Count |
|---|---|---|
| 4.5 stars | 109 | |
| Yelp | 2.6 stars | 11 |
Handsome Homebuyer Positive Reviews
✅ Darryl felt extremely satisfied with the smoothness and success of their home sale. He praised the efficiency and effectiveness of the Handsome Homebuyer.
What an easy transaction. Everything went so smoothly. We received a really good price for our home. We didn’t even have to rent a dumpster to dispose of any unwanted items. He made it so easy for us to move to our new forever home. On top of all that we needed a lawyer, the recommendation he made was top-notch. That also was another smooth transaction. You will not be disappointed dealing with the Handsome Home Buyer!
Source: Google
✅ James felt satisfied with Handsome Homebuyer’s services. They expressed complete confidence in recommending Handsome Homebuyer to anyone seeking similar services.
Extremely professional! Charles and his team exceeded all my expectations and went above and beyond for all my family and I. Exceptionally knowledgeable and experienced team. Throughly but efficiently solved any problems I was having, with the upmost courtesy. Without a doubt would recommend to any and everyone
Source: Google
Handsome Homebuyer Negative Reviews
Handsome Homebuyer doesn’t have any negative reviews that are relevant to sellers.
Pros and Cons
Here are some pros and cons of Handsome Homebuyer.
👍 Pros
- Quick Sale: Handsome Homebuyer can be a good option if you need to sell your house fast. The closing time is typically a week.
- Buy Houses As-Is: With Handsome Homebuyer, you can sell a home even if your property faces foreclosure or needs heavy repairs.
- No Third-Party Contingencies: There are no banks, inspectors, mortgage lenders, or other third parties involved to drag out the closing process.
- Closing Date: You don’t have to rush after accepting your offer. Handsome Homebuyer allows you to choose a closing date at your convenience.
👎 Cons
- Low Offer Price: The offer price might be 50% to 70% of your home’s worth.
- No Scope for Negotiation: With Handsome Homebuyer, you don’t have room to negotiate your cash offer. You can either accept what they offer or walk away.
- Limited Coverage: Handsome Homebuyer is only available in select markets of New York.
Handsome Homebuyer Competitors
» Jump to: Handsome Homebuyer vs. Houzeo Cash Offers| Handsome Homebuyer vs. Opendoor | Handsome Homebuyer vs. HomeVestors
The best Handsome Homebuyer competitors are Houzeo Cash Offers, HomeVestors, and Opendoor. We compared these cash home-buying options based on sale price, cash offers, and coverage. Here’s how they compare with Handsome Homebuyer.
We compared Handsome Homebuyer and its competitors across cash offers, sale options, service areas, and customer reviews. This framework helps identify meaningful differences in their services and value for sellers.
- Market Comparison: Each company’s business model, target sellers, and approach to home purchases shape the comparison.
- Pricing Structure Assessment: We evaluated the true value of each platform by breaking down upfront flat fees, potential hidden costs, and percentage-based commission structures.
- Consumer Feedback Review: Google and Yelp reviews reveal customer satisfaction trends and recurring concerns.
- Support and Assistance Evaluation: We evaluated the level of transaction support by measuring the availability of dedicated closing coordinators, comparative market analyses, and advanced tools.
- Selection Criteria: Business models, transaction terms, and geographic coverage determine which competitors we include as Handsome Homebuyer alternatives.
1. Handsome Homebuyer vs. Houzeo Cash Offers
Handsome Homebuyer provides a single cash assessment for each property. This buyer limits payouts to 50% or 70% of fair market value. Transactions usually require 5 to 7 days to finalize. Homeowners receive no room to bargain over terms. Furthermore, the company restricts its service territory exclusively to the select markets of New York.
Houzeo Cash Offers replaces single-buyer limitations with a competitive open marketplace. The platform connects properties directly to thousands of cash buyers across the country. These buyers submit competing bids against one another. This competitive process lifts payouts up to 100% of fair market value. Closings can occur in just 7 days.
Sellers retain total authority over their sales. You compare cash proposals side by side and select the top offer.
| Parameters | Handsome Buyer | Houzeo Cash Offers |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 4.3 stars (120 reviews) | 4.9 stars (11,300+ reviews) |
| Closing Timeline | 5 to 7 days | 7 days |
| Coverage | New York | Nationwide |
| Multiple Offers | ❌ | ✅ |
| Scope for Negotiation | ❌ | ✅ |
| Highest and Best Offer | ❌ | ✅ |
2. Handsome Homebuyer vs. Opendoor
Handsome Homebuyer confines its scope strictly to local New York counties. The firm performs physical evaluations to set cash payouts. These payouts cap at 50% to 70% of market value. They complete closings within a 5 to 7 day window and assess zero service fees.
Opendoor scales this direct-sale concept across nationwide markets as an iBuyer. Their algorithms analyze real estate data to output higher valuations. Initial offers usually settle between 70% and 80% of market value. However, Opendoor deducts a mandatory 5% fee, closing expenses, and repair costs from your final check.
3. Handsome Homebuyer vs. HomeVestors
Handsome Homebuyer and HomeVestors target identical sellers: homeowners who need a fast, off-market cash sale. Both buyers skip open listings entirely. Instead, each firm conducts a property inspection, calculates repair costs, and delivers one final cash payout. Sellers get no competitive bids and no room to bargain.
Location and scale mark the primary divide between these two buyers. Handsome Homebuyer concentrates its capital strictly in New York cities. Local appraisers evaluate each house and propose a payout between 50% and 70% of market value. They complete sales within 5 to 7 days.
HomeVestors scales that exact wholesale strategy across 48 states. More than 1,100 local franchise offices manage regional operations nationwide. While payouts remain capped at 50% to 70% of market value, independent owners set their own repair deductions. Consequently, service quality varies from one franchise location to the next.
Companies That Buy Houses for Cash Near Me 🔍
There are other “We Buy Houses As Is” companies in the market. You can request an offer from multiple cash companies and pick the one that suits you the best.
Other Options You Should Consider
- Sell For Sale By Owner: For Sale By Owner websites help you list and sell a house yourself, saving thousands in agent commissions. As one-third of home buyers pay in cash, you can get 100% FMV of your house in cash by selling FSBO.
- Sell Through a Realtor: Traditional Realtors list your property on the MLS and help you at every step of home selling. However, you have to pay them 3% of the home’s sale price for this convenience.
- Sell Through Discount Realtors: Discount real estate brokers reduce their commissions to offer affordable services. Their commission varies between 0.5% and 2%.
Should You Sell to Handsome Homebuyer?
Handsome Homebuyer offers a great way to sell your property without repairs. They usually wrap up transactions in 7 days, making home sales swift and effective. However, their offers can be below the fair market value.
For a better deal, consider listing your home through a cash buyer marketplace. It gives your property wider exposure and lets you compare multiple cash offers easily. Meanwhile, as a buyer, these marketplaces provide greater transparency, helping you assess a property’s true value.
We implemented a rigorous multi-platform evaluation framework to provide an objective, fact-based analysis of Handsome Homebuyer’s services. This review avoids single-source bias by analyzing verified customer touch points across primary consumer intelligence networks.
- Cross-Platform Aggregation: Google and Yelp reviews formed the basis of our customer feedback analysis. Cross-platform data helps identify recurring sentiment and limits reliance on any single review source.
- Verified Customer Sampling: The analysis covered 900+ verified customer touchpoints. We removed duplicate or unverifiable accounts to protect data integrity.
- Temporal Weighting: Review dates determine their weight in the analysis. Recent reviews from the past 6 -12 months carry more weight than older feedback.
- Customer Service Analysis: Customer interactions reveal communication gaps and recurring service concerns.
- Alternative Cross-Referencing: Direct comparisons with competitors establish a consistent basis for assessing Handsome Homebuyer’s market position.
- Category Tagging:
Frequently Asked Questions
Is Handsome Homebuyer legit?
Yes, Handsome Homebuyer is a legitimate cash-for-homes company founded by Charles Weinraub in 2016. The company is not accredited by BBB. Know more about Handsome Homebuyer.
What are major complaints in Handsome Homebuyer reviews?
Handsome Homebuyer doesn't have relevant negative customer reviews. However, sellers who use cash buyers often complain about getting a lowball offer. Some even say they have been offered 30% to 40%of their home's after-repair value. Know more about Handsome Homebuyer offers.
How to get the best cash offer?
To get the best cash offer, you should compare offers from multiple cash buyers. A smart way to do this is by choosing a cash buyer marketplace like Houzeo Cash Offers get upto 100% of your home's equity.
Reviews
(3 Reviews)
J Caldwell
Verified Reviewer
Shawn
Verified Reviewer
They give me best offer for my grandma house.
NO
Verified Reviewer
HB Homes/HandsomeScamOffer does not respect laws regulations or privacy of people who do not want to be contacted, goes as far as contacting who they think are family members of owners with no consent in place as to the unwanted contact, after being told multiple times to STOP, continues making unwanted contact. Shady abusive practices.
1st Aug 2024
BUYER BEWARE!!!!! This guy is in this solely to make money, not caring who he hurts on the way. They covered up racoon infestation in my house that the inspector missed, leaving us with a bill in excess of 10,000 dollars while still having a 4000 a month mortgage. DO NOT BUY FROM HIM!