7 min read Feb 08, 2024

House Buyer Network Reviews: Should You Accept a Low Offer?

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House Buyer Network is a cash home buyer that purchases distressed properties as is. You save thousands of dollars in repair costs when you sell to House Buyer Network.

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Pros

  • House Buyer Network extends cash offers in 24 to 48 hours
  • They don't have strict eligibility criteria when purchasing homes

Cons

  • House Buyer Network may give you just 50% to 70% of your home's value
  • You may not have a lot of wiggle room to negotiate this offer

House Buyer Network is a network of real estate investors who make cash offers on homes as-is. You avoid repairs when you sell your home to this cash buyer, and you close in just 7 days. However, these savings come at a price.

For those looking to sell their house, simply provide the property address, phone number, and email through the form provided. You can choose the best offer from cash buyers in your local market. Set a closing date and receive cash for your house.

An MLS listing on a cash buyer marketplace like Houzeo can get you 100% of your property’s value. With Houzeo, your listing can be on the MLS within 24 hours. Moreover, you can compare offers from multiple national and local cash buyers, instead of settling for just one lowball offer.

In this blog, let’s look at House Buyer Network reviews and their alternatives to help you get the property value you deserve!

Key Takeaways

  • Pros: You can offload your distressed property easily with House Buyer Network. Unlike iBuyers, they don’t have strict eligibility criteria.
  • Cons: House Buyer Network typically purchases homes for 50% to 70% of their Fair Market Value (FMV). You cannot negotiate a higher offer and have to lose out on your equity.
  • Our Take: We don’t recommend We Buy Houses. Instead, list your home on a cash buyer marketplace like Houzeo to get 100% of your property’s Fair Market Value. Compare House Buyer Network vs. Houzeo.

What is House Buyer Network?

House Buyer Network is a company that offers a quick and convenient solution to homeowners who need to sell their houses fast. With over 15 years’ experience, they have helped thousands of homeowners nationwide with home buying services.

Even though they claim to offer the best price, some sellers might not receive fair market value. However, if you’re looking for a hassle-free solution to selling your house quickly, the House Buyer Network may be a viable option to consider.

🚨 Beware: You will not get the same quality of service nationwide. So, check your local House Buyer Network franchisee’s reviews before opting for this company.

What Types of Properties Does House Buyer Network Purchase?

House Buyer Network purchases all kinds of homes at a steep discount from distressed sellers. Some of these houses include:

When compared to other cash home buyers, you may be robbed of a huge chunk of money with House Buyer Network.

To avoid such a possibility, list on the MLS with a flat fee company like Houzeo and compare multiple offers from cash companies and iBuyers alike.

How Much Does House Buyer Network Pay?

House Buyer Network’s 3-step home selling process is as follows:

  • Tell them about your property by filling out a form or calling them.
  • They connect you with cash buyers in your local market who present fair offers for your house.
  • You choose the best cash offer and set a closing date that works for you. You receive cash for your house on the agreed-upon closing date.

💸 Why Give Away Your Hard-Earned Equity? 💸


Houzeo is the fastest way to get on the MLS and get the best offers from multiple cash home buyers.


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House Buyer Network vs. Houzeo

Selling to House Buyer Network seems hassle-free. But you pay for this convenience by selling your home at a reduced price.

On the other hand, an MLS listing with Houzeo’s Gold plan equips you with advanced technology to call for the highest and best offers. You can also counter offers to help you get a deal closer to your expectations.

House Buyer NetworkHouzeo
Sale Price50% to 70% of FMVHighest Possible Offer
Customer Rating Couldn't Find Any 4.9 stars (7,800 reviews)
Closing Timeline7 days minimum2 to 60 days
Fees/Commissions$399+
Closing Costs0% to 1% Closing Costs
Scope for Negotiation
Repair Costs

» Houzeo Reviews: Still not convinced? Read what others have to say about Houzeo.

House Buyer Network Coverage

House Buyer Network covers the following states in the USA:

RegionsStates
NortheastConnecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont
MidwestIllinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, South Dakota, Wisconsin, Nebraska, North Dakota
SouthAlabama, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia, Arkansas, District of Columbia
WestArizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Alaska, Hawaii, Wyoming

House Buyer Network: Pros and Cons

House Buyer Network is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:

House Buyer Network Pros

Cash home buyers have certain advantages over traditional home-selling processes. Let’s see how House Buyer Network matches up to these expectations.

  • Buy As Is Houses: This “We Buy Homes Fast” company purchases homes as is. So, even if your property is facing foreclosure or needs heavy repairs, you will get a cash offer.
  • Quick Closing: House Buyer Network reviews say they close in as little as two weeks. However, their timeline is flexible, and they can close on a date suitable to you.
  • Nationwide Coverage: House Buyer Network has opened offices across 50 states, Washington D.C and Canada.

House Buyer Network Cons

House Buyer Network complaints reflect the following disadvantages of the company:

  • Lowball Cash Offers: House Buyer Network real estate investors view your house as an investment opportunity. So, your offer price may be much lower than the market price of your property.
  • No Guidance from a Real Estate Agent: A realtor negotiates for your property on your behalf for a 3% commission. Without this representation, you may find it challenging to get top dollar for your property.
  • Inconsistent Service: Local real estate investors own and run House Buyer Network offices independently. So, your experience with the company is determined by how your local investor takes you through the process.
  • Little to No Scope for Negotiation: With cash home buyers like House Buyer Network, you don’t have room to negotiate your cash offer. If you still want to try your luck, ensure that you back your arguments with proof.

Best Alternatives to House Buyer Network

Even if you want to sell your house fast for cash, look for some alternatives better than House Buyer Network. We’ve listed three below:

  • Houzeo: Houzeo is one of the best FSBO websites in America that lets you list your home on the MLS in just 24 to 48 hours. Here, multiple national and local cash home buyers make offers on your property, driving up its price. You can even get 100% of your home’s FMV.
  • Opendoor: Opendoor is the largest iBuyer in America extending cash offers for homes needing minimal repairs. They generally pay 70% to 80% of your home’s FMV but deduct a 5% service fee, closing costs, and repair costs from the offer.
  • HomeVestors: HomeVestors is a cash home buyer franchise offering 50% to 70% of the home’s FMV. However, they may deduct repair costs at closing. Further, since each office is independently owned, you won’t get consistent service across the country.

“We Buy Houses for Cash” Companies 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.

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

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Frequently Asked Questions About House Buyer Network

Is House Buyer Network Legit?

Yes, House Buyer Network is a legitimate company founded in 2004.

Companies That Buy Houses for Cash Near Me 🔍

RegionCash Home Buyers
Nationwide Connect Home Buyers | ASAP Cash Offer | Expert Home Offers | House Buyer Network | Swift Homes | Fast Home Offer
Near-Nationwide Homevestors | We Buy Houses | Express Homebuyers| House Cashin | Highest Cash Offer
Northeast I Buy Li | IPS | ibuy585.com | Integrity First Home Buyers| Handsome Homebuyer | New England Home Buyers | Sell Fast Boston | Sell Now Homebuyers | First Choice Home Buyers | 1-800-cash Offer | Halo Homebuyers | Morgan Home Solutions | Sell to Jim | Snappy Home Buyers
MidwestDirect Home Buyers | I Buy SD | Ben Buys Indy Houses | Grandview Homes | Heartland Buys Houses | Christopher Ellyn Homes | Des Moines Home Buyers LLC | Professional Home Buyers | HouseMax | Jay Buys Detroit | Detroit Cash for Homes | Detroit Fair Offer | Minnesota Home Guys | Chris Buys Homes | Upward Home Solutions | Ohio Cash Buyers | All Ohio Home Buyers | Omaha Homes for Cash | Metro Milwaukee Home Buyer | Cream City Home Buyers
SouthCava Buys | Simply Sold | Homego | Irby Buys | Mark Spain Real Estate | 365 Property Buyers | Florida Cash Home Buyers | Quick Home Buyers | Freedom Cash Home Buyers | Sarasota Home Buyers | Maximum Cash Home Buyers | Cash Offer Kentucky | Geaux Home Buyers Llc | The Buy Guys | Maryland Cash House Buyers | Keen Home Buyers | Nc Cash Home Buyers | W Properties | Charleston House Buyers | New Horizon Home Buyers | Sell to Bobby | House Heroes | Traction Home Offer | Pps House Buyers | Investment Capital Home Buyers | MarketPro HomeBuyers | Texas All Cash Home Buyers | 4 Brothers Buy Houses | Advantage Homebuyers of America
WestTarek Buys | Osborne Homes | Property Max | Seller's Advantage | Sundae | Andrew The Home Buyer | Doug Hopkins Real Estate | John Buys Bay Area Houses | Laurel Buys Houses | John Medina Buys Houses | SoCal Home Buyers | Sell Quick California | Gordon Buys Homes | The Buy-Out Company | Oahu Home Buyers | Khd Real Estate LLC | Enlight Homebuyers | We Buy Any Vegas House | Boise House Buyers | Brothers buy homes | House Buyers of America | The Easy Home Buyer | I Will Buy House | Beachworks LLC

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