4.9
Editor's Rating (374 Reviews)0
User Rating (0 Reviews)John Buys Bay Area Houses is a local cash buyer. They buy distressed properties in the San Francisco Bay Area. Selling with them means you do not have to pay Realtor commissions. Plus, they also pay all closing costs.
Pros
Cons
John Buys Bay Area Houses purchases homes “as-is”. They are one of the best companies that buy houses for cash in the bay area. Their process is quick, and you get a cash offer within a few minutes to a day of consultation. Besides, you save money on home repairs.
However, like most cash buyers, they make lowball offers. If your home is in good condition, selling to them may not be the best option. Additionally, they only offer a single quote and getting a revised offer takes time. This limits your scope to get the best offer for your home.
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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 John Buys Bay Area Houses Legit?
Yes, John Buys Bay Area Houses is a legitimate company headquartered in California, USA. They have an A+ rating on Better Business Bureau. At present, Mr. Yoav Kirshenboim is the CEO of John Buys Bay Area Houses.
Who Should Sell With John Buys Bay Area Houses?
You can sell with John Buys Bay Area Houses if you:
- want to relocate.
- are frustrated with costly repairs.
- have vacant houses.
- are behind on payments.
How to Sell With John Buys Bay Area Houses?
Here’s how you can sell your house to John Buys Bay Area Houses in four steps:
- Submit Details: Fill out a short form with your full name, property address, email, etc.
- Attend the Call: Mention your home’s condition on a call with an evaluation expert.
- Get a Cash Offer: Receive a no-obligation cash offer from the evaluation team.
- Choose Your Closing Date: If you accept their cash offer, you can close the deal on your preferred date or within 90 days.
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⏰ Note: With them, you might receive only up to 70% of your home’s Fair Market Value (FMV). Fair Market Value is the price your home would likely sell for on the open market.
What Is the Coverage of John Buys Bay Area Houses?
John Buys Bay Area Houses offers services only in the the San Francisco Bay Area.
How Much Does John Buys Bay Area Houses Pay?
John Buys Bay Area Houses mentions that they pay a ‘fair’ value to clients. They consider what fixes they need to make, its location, and local comps to provide an estimate for your house. However, like other cash buyers, they generally offer only up to 70% of its value.
» What’s My Home’s Value: You can know your home’s market value with the free Home Worth Estimator. It helps you estimate the amount you will get upon sale.
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🚨 Important: Compare offers from other cash-buying companies before you choose to work with John Buys Bay Area Houses.
John Buys Bay Area Houses Reviews
John Buys Bay Area Houses has a 4.9 out of 5-star rating on Google based on 374 reviews. On BBB, the company has a solid 5 out of 5-star rating based on 9 reviews. Additionally, they have a 4.6 out of 5-star rating on Yelp based on 44 reviews.
John Buys Bay Area Houses: Praises
✅ Cynthia McDaniels praised the company representatives for their genuine care and dedication.
Beyond their professional competence, Daniel showed genuine care and dedication to ensuring my satisfaction. His team went above and beyond to accommodate my needs and preferences, making the selling process a truly personalized and enjoyable experience.
Source: Google
✅ Amias Palacios praised John Buys Bay Area Houses for their professionalism and clear communication.
This is A class company, from the first steps of the sale ,with any and every question answered all the way including closing day and after, and always giving 100% on each transaction you will face, this team is always looking out for your concerns on what works you and family and keeping you in the loop. I’m very pleased with their offer and the professional way they treated me ! Keep up the great work!!!
Source: Google
John Buys Bay Area Houses Complaints
❌ Armada expressed their frustration with John Buys Bay Area Houses after they withdrew their offer. They were also upset by the significant price cut in the counteroffer.
We had a signed contract with a purchase price for JBBAH to buy our home in as is condition. Less than 2 weeks before escrow was set to close, they called to say they are withdrawing their offer because the project is too big for them. We pushed the issue and ended up speaking with the head of transactions, who finally gave us a counter offer that was over $300K lower than the original offer.
Source: Google
❌ Rita M. Loeza described John Buys Bay Area Houses as unprofessional. They also said that the company lowballed property values and communicated poorly.
This Company is HORRIBLE l! They low ball property value, they are VERY unprofessional and communication with these people is Insane! I have a real factual timeline of when we signed a contract with them and the deal was terminated! Three months dealing with Tyler Silverman. He’s excuse is he has to talk to management which they don’t respond to their own people! Don’t believe the reviews,, they solely generate those. I can show proof of events.
Source: Google
Pros and Cons
Let’s look at the benefits and downsides of John Buys Bay Area Houses.
✅ Pros
- Stress-Free Process: You can move out of your home without any repairs or cleaning. The company takes care of fixes you would rather skip.
- Fast Cash Offers: As per their website, you can receive a cash offer within a few minutes to a day after consultation.
- Flexible Closing Date: You have the flexibility to choose the closing date at your convenience.
- Location Expertise: You benefit from their local expertise in the San Francisco Bay Area.
❌ Cons
- Limited Coverage: They cover only the San Francisco Bay Area in California.
- Lowball Offers: John Buys Bay Area Houses reviews highlight that they often offer a price much less than the full market value of your property.
- Limited Scope for Negotiation: John Buys Bay Area Houses provides a single cash offer. They say they are open to revisions, but don’t detail the process on their website.
John Buys Bay Area Houses Competitors
Here are the top 3 competitors to John Buys Bay Area Houses:
1. John Buys Bay Area Houses vs. Clever Offers
John Buys Bay Area Houses is a local cash home buyer. They purchase houses in any condition across the Bay Area. You can get a quick cash offer and close in a short time. However, the offer may be lower than your home’s fair market value.
Clever Offers connects sellers with multiple cash buyers, allowing comparison of offers. They typically generate 3 to 5 competitive offers per listing. Sellers can choose the best offer and close on their preferred timeline.
2. John Buys Bay Area Houses vs. Houzeo
John Buys Bay Area Houses is a cash buyer that purchases distressed properties. It is simple to sell your home to John Buys Bay Area Houses. This convenience, however, costs you thousands of dollars because you get a lowball cash offer.
Houzeo, on the other hand, is a Flat Fee MLS company. You get multiple offers from local and national buyers that offer cash for houses. As a result, you are in a better position to secure top-dollar deals.
3. John Buys Bay Area Houses vs. We Buy Houses
We Buy Houses is a famous cash-buying company in the US. They are a typical cash buyer that provides a closing window of 7-14 days. While We Buy Houses has the same model as John Buys Bay Area Houses, they cover 30 States and D.C.
“We Buy Houses for Cash” Companies Near You
There are other “We Buy Houses As Is” companies in the market. You can request offers from multiple cash companies and pick the one that suits you the best.
What Are Some Other Options You Can Consider?
- Sell For Sale By Owner (FSBO): For Sale By Owner websites help you list and sell a house yourself which saves you thousands in agent commissions. You should consider selling FSBO if you want to get up to 100% of the FMV of your house.
- Sell Through a Realtor: A full-service Realtor lists your property on the MLS and helps you at every step of the home sale. However, they charge 6% 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 2.5%.
Is John Buys Bay Area Houses Worth It?
Yes, John Buys Bay Area Houses might be a good option if you want to sell your home fast. However, there is always a better way to sell your home, especially if it is in decent condition.
For a better deal, consider selling your home with a cash buyer marketplace. This gives your property wide exposure and lets you compare offers from multiple cash buyers. So increase your chances of getting a competitive price closer to your home’s actual market value.
Frequently Asked Questions
Is John Buys Bay Area Houses a legitimate company?
Yes, John Buys Bay Area Houses is a legitimate cash-buyer company. They are headquartered in California, USA.
How much money will John Buys Bay Area Houses offer?
John Buys Bay Area Houses claims they pay the fair market value minus the repair costs needed. They look at various factors before giving you a cash offer.
Does John Buys Bay Area Houses have any competitors?
Yes, John Buys Bay Area Houses has many potential competitors. Some of them are Houzeo, We Buy Houses, and Brothers Buy Homes.
Can I trust John Buys Bay Area Houses?
Yes, John Buys Bay Area Houses is a trustworthy company. However, some reviews mention lowball offers and a lack of professional communication.