HomeVestors Reviews 2025: Are They #1 Cash Buyer?

8 mins read Feb 03, 2025
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Megha Mulchandani

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Editor
Edited By

Megha Mulchandani

Editor, Houzeo
About Megha M. is an adept content editor well-versed in the intricacies of American market dynamics and economic trends. In her free time, she excels as a versatile theatre artist and public speaker. Find Megha Here linkedin
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HomeVestors is a cash home buyer. They purchase homes ‘as-is’ and can close in as little as 3 weeks. Their business follows a franchise model and operates across the country. They have 25 years of experience and a 95% satisfaction rate.

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Pros

  • They have nationwide coverage through their franchise network.
  • They buy homes ‘as is’ and do not charge any hidden fees.
  • You do not need to worry about repairs, cleaning, or showings.

Cons

  • Their cash offers are typically below the fair market value.
  • Most HomeVestors reviews report frequent spam calls from the company.
  • Since they operate as a franchise, your experience may vary by location.

HomeVestors is a nationwide network of real estate investors. They buy homes ‘as is’ for cash. They are famous for their ‘We Buy Ugly Houses’ slogan. When you sell your house to them, there’s no need for repairs or showings.

However, their cash offers are below the Fair Market Value. We recommend you list with a cash buyer marketplace such as Houzeo. With Houzeo, you can attract multiple cash buyers and avoid a low offer.

    ✍️ Editor’s Take: We recommend Houzeo over HomeVestors. As America’s #1 cash buyer marketplace, Houzeo connects you with nationwide investors and buyers. This allows you to attract and manage multiple cash offers. Houzeo’s 5-star customer support and stellar technology ensure you receive the fair market value of your home. Compare HomeVestors vs. Houzeo.

Is HomeVestors Legit?

Yes, HomeVestors, officially known as HomeVestors of America, Inc., is a legitimate company. They have been in real estate business since 1996. They own another popular real estate venture, We Buy Ugly Houses.

HomeVestors has over 1,100 franchises across the nation. Additionally, they have purchased over 150,000 homes so far.

How Does HomeVestors Work?

HomeVestors operates on a franchise model. Each of their franchise offices operates independently. When you decide to sell to them, a local property specialist will visit your home. They will evaluate your home and make an all-cash offer.

Here are the steps to sell your house as-is with HomeVestors:

  1. Schedule a Visit: Fill out the form on their website with your property details and contact info to schedule a visit. Alternatively, you can also call the number on their site.
  2. Receive a Cash Offer: A local HomeVestors property specialist will come to your house and review its condition. After the evaluation, they will present you with an all-cash offer.
  3. Complete the Paperwork: Once you accept their cash offer, the next step involves signing the contract. They can help you close the deal in as little as three weeks.
    👉 Additional Note: With the HomeVestors Advantage feature, you get three days to reconsider your decision after you sign the contract with them. If you decide to cancel the deal, simply contact your local property specialist.

HomeVestors Coverage

HomeVestors operates in 48 states, including D.C. However, they do not offer services in Alaska, Hawaii, and South Dakota.

homevestors-coverage

How Much Does HomeVestors Pay?

Like other cash buyers, HomeVestors also offers below-market value. Their offers typically range from 50% to 70% of your home’s market value. For example, if your home is worth $300,000, your offer could fall between $150,000 and $210,000.

When you have alternatives to get the full value of your home, why settle for a lowball offer? We recommend using a cash buyer marketplace like Houzeo. This way, you can get multiple cash offers and secure the Fair Market Value of your home.

» What’s My Home’s Value: Houzeo offers a free Home Worth Estimator. It helps you estimate your home’s market value and potential sale price.

HomeVestors Positive and Negative Reviews

HomeVestors has no credible reviews on popular sites like Google or Trustpilot. However, they have a rating of 1.51 stars out of 5 from 37 HomeVestors reviews on Better Business Bureau (BBB).

Positive HomeVestors Reviews

✅ Dee G praised the smooth process and kind professionals of HomeVestors of America. They highly recommend the company.

Dee GUSASubmitted November 2023

Quite literally the best experience ever! From beginning to end, everything went smoothly and those involved with the sell and closing were incredibly kind. This is likely one of the best things we’ve ever done! I couldn’t recommend any higher!

Source: BBB

✅ Lee was satisfied with HomeVestors’ customer service. They stated that the company handled their concerns fairly.

Lee DUSASubmitted May 2023

I sold a home to a HomeVestors Franchisee. They treated me fairly & closed super fast. I’m very impressed and if i ever have a situation come up like this in the future i would trust them to treat ******* family well. Thanks

Source: BBB

HomeVestors Reviews Complaints

❌ Mike H warned against sharing your number with HomeVestors. They further mentioned that the company repeatedly calls and deals in an unprofessional manner.

Mike HUSASubmitted October 2024

Don’t give out your number to them or even call, they get your number then call multiple times leaving grunting noises on your machine. Very unprofessional!

Source: BBB

❌ Sheryl R expressed frustration with HomeVestors. They mentioned that the company continued to bother them, even though their house was not for sale.

Sheryl RUSASubmitted May 2024

I am so tired of these people wanting me to sell my house. It is NOT for sale. I have tried opting out several times but that doesn’t seem to make a difference to the people, they still keep bothering me. Too bad they are doing all of this work just to irritate people like me.

Source: BBB

HomeVestors Pros and Cons 

Here are the pros and cons of HomeVestors.

✅ Pros 

  • Executive Support: The HomeVestors local property specialists simplify the home selling process. They help you with home inspection, assessment, documentation, and closing.
  • Buy Properties in Any Condition: HomeVestors buys houses as is, so there’s no need to stage, repair, or fix any defects. You won’t have to worry about foreclosures either.
  • No Closing and Service Charges: HomeVestors also covers the closing costs for sellers. So, as a seller, you don’t need to pay for anything.
  • Nationwide Coverage: One of the benefits of HomeVestors of America is their nationwide franchises. This makes them easily accessible.

❌ Cons

  • Lowball Offers: You will likely get an offer of around 50% to 70% of your home’s FMV with HomeVestors. This is the standard industry practice with cash buyers.
  • Lack of Consistent Service: HomeVestors has offices owned by local real estate investors. So, your experience depends on the local property specialist you work with.
  • Continuous Spam Messages: Most HomeVestors reviews highlight the persistent and unwanted messages from the company. This continues even after they refuse their cash offers.

Homevestors Competitors 

» Jump to: HomeVestors vs. Houzeo | HomeVestors vs. HomeLight | HomeVestors vs. Offerpad

HomeVestors vs. Houzeo

When you sell to HomeVestors, their process may seem convenient. However, you might not receive 100% of your home’s Fair Market Value. Additionally, you won’t have the chance to compare offers or negotiate with buyers.

On the other hand, Houzeo gives your home broad exposure to multiple cash buyers. This ensures you get the Fair Market Value for your home. You can also compare offers and choose the highest and best one.

FeaturesHomeVestorsHouzeo
Sale Price50% to 70% of FMVUp to 100% of FMV
Customer Rating1.5 stars (37 reviews)4.9 stars (10,107 reviews)
Closing Timeline3 weeks or more2 to 60 days
Fees$399
Closing Costs
Scope for Negotiation
Compare Offers
Highest and Best Offers

HomeVestors vs. HomeLight

HomeVestors provides convenience to home sellers, but they can take up to 3 weeks to close a deal. Additionally, if a seller needs more time, they can extend the closing timeline further.

However, with the HomeLight Simple Sale option, you can receive cash in hand in as few as 10 days. So, HomeLight lets you sell quickly.

HomeVestors vs. Offerpad

HomeVestors follows an offline approach, where a local property specialist visits your home to assess its condition. This means you may need to compromise on convenience and speed to get an offer.

On the other hand, with Offerpad, you simply need to fill out an online offer request form. After this, they will send you a cash offer within minutes.

Best Cash Buyer Companies Near You 

There are other “We Buy Houses As Is” companies in the market. You can request offers from several cash companies and choose one that suits you best.

RegionStates/CitiesCompanies That Buy Houses For Cash Near Me
NortheastStatesConnecticut | Maine | Massachusetts | New Hampshire | New Jersey | New York | Pennsylvania | Rhode Island | Vermont
NortheastKey CitiesBoston, MA | Brooklyn, NY | Buffalo, NY | Long Island, NY | New York City, NY | Philadelphia, PA | Pittsburgh, PA | Rochester, NY | York, PA | Clayton, NY
MidwestStatesIllinois | Indiana | Iowa | Kansas | Michigan | Minnesota | Missouri | Nebraska | North Dakota | Ohio | South Dakota | Wisconsin
MidwestKey CitiesCincinnati, OH | Cleveland, OH | Columbus, OH | Detroit, MI | Indianapolis, IN | Kansas City, MO | Milwaukee, WI | Omaha, NE | Minneapolis, MN | Wayne County, MI | St. Louis, MO | Boulevard Heights, MO |
SouthStatesAlabama | Arkansas | Delaware | Florida | Georgia | Kentucky | Louisiana | Maryland | Mississippi | North Carolina | Oklahoma | South Carolina | Tennessee | Texas | Virginia | Washington, D.C | West Virginia
SouthKey CitiesAtlanta, GA | Asheville, NC | Baltimore, MD | Charlotte, NC | Charleston, SC | Columbia, SC | Dallas, TX | Fort Lauderdale, FL | Fort Myers, FL | Fort Worth, TX | Greensboro, NC | Greenville, SC | Houston, TX | Huntsville, AL|Killeen, TX | Knoxville, TN | Lexington, KY | Louisville, KY | Miami, FL | Nashville, TN | New Orleans, LA | Orlando, FL | Pasadena, TX | Raleigh, NC | Rockville, MD | San Antonio, TX | St. Augustine, FL | Tampa, FL | West Palm Beach, FL | Memphis, TN | Austin, TX | Norfolk, VA | Jacksonville, FL | Tallahassee, FL | Pensacola, FL | Sarasota, FL | Panama City, FL | Augusta, GA | Virginia Beach, VA | Clearwater, FL | Savannah, GA | Chattanooga, TN | Columbus, GA | Lawrenceville, GA | Winston-Salem, NC | Birmingham, AL | Jackson, MS | Biloxi, MS
WestStatesAlaska | Arizona | California | Colorado | Hawaii | Idaho | Montana | Nevada | New Mexico | Oregon | Utah | Washington | Wyoming
WestKey CitiesColorado Springs, CO | Denver, CO | Fresno, CA | Las Vegas, NV | Los Angeles, CA | Phoenix, AZ | Sacramento, CA | San Diego, CA | San Francisco, CA | Seattle, WA | Tucson, AZ | Portland, OR | Salt Lake City, UT | Orange County, CA | Roseville, CA | Ventura, CA | Lemon Grove, CA | Casitas Springs, CA | Bakersfield, CA

Should You Sell With HomeVestors?

HomeVestors can help you sell your property quickly. They buy homes as-is and offer nationwide service. However, their offers may be lower than market value. If you’re ready to accept a lowball offer or need to sell fast, they can be a good option.

For a better deal, consider selling your home with Houzeo. They provide wide exposure and allow you to compare offers from multiple cash buyers. This way, you can sell your property to buyers who may offer your home’s actual worth.

» Houzeo Reviews: Check out why more than 10,000 home sellers have rated Houzeo 4.9 stars out of 5 on Google and Trustpilot.

Frequently Asked Questions About HomeVestors

Is HomeVestors a trustworthy company?

Yes, HomeVestors is a trustworthy company. They are a legitimate network of real estate investors across the U.S. They buy homes for cash in any condition. Check out the latest HomeVestors reviews to learn more about them.

Is HomeVestors a legitimate company?

Yes, HomeVestors is a legitimate company. They are a network of real estate investors to whom you can sell your house as is. They have been in business since 1996. Additionally, they have purchased over 150,000 homes.

How much does HomeVestors pay for houses?

Like any cash buyer, HomeVestors offers between 50% and 70% of your property’s fair market value. So, you may not get more than 70% of your home's estimated price. Find out how much HomeVestors pays home sellers.

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