9 min read Apr 19, 2024

MarketPro Homebuyers Reviews (2024 Update)

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Edited By

Jason Joshi

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Editor
Edited By

Jason Joshi

Editor, Houzeo
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Jason is a passionate content editor working at Houzeo. He has an eye for detail and keeps himself updated with the recent trends in the real estate market. He also likes to travel and explore places.

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MarketPro Homebuyers is a cash buyer company. They purchase distressed properties in as-is condition. They operate in select markets across several states.

Editor’s Rating

4.4

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Pros

  • Extends offer in 24 to 72 hours
  • No appraisal or inspection contingency
  • No commissions or other closing costs

Cons

  • Offers less than the FMV of the house
  • Little to no scope for negotiation
  • Limited coverage

MarketPro Homebuyers is a cash home buyer company serving the DC, Maryland, Georgia, Virginia, Pennsylvania, and Florida markets. You can sell your home as is to this company. They buy a property even if it needs major repairs or is being foreclosed.

MarketPro Homebuyers is known for their fast closing timeline. Once you accept the deal, the closing process goes faster, as they close within a week. You can also move out in your preferred time frame.

Typically, cash buyers like MarketPro Homebuyers offer 50% to 70% of your home’s FMV. They don’t disclose this amount on their website. However, this is the industry standard with most cash buyers.

    ✍️ Editor’s Take: We recommend you list your property on the MLS via Houzeo. 34% home buyers make an all-cash offer on the MLS. You are likely to receive multiple offers that are more closely aligned with the fair market value of your home. Compare Marketpro Homebuyers vs. Houzeo.

Is Marketpro Homebuyers Legit?

Yes, MarketPro Homebuyers is a legitimate cash buyer company. MarketPro Homebuyers has their headquarters in Rockville, Maryland. They are a BBB-accredited company with an A+ rating.

MarketPro Homebuyers faced a lawsuit in Maryland in 2021. Their alleged practice of spamming homeowners to sell their services landed them in hot soup. MarketPro Homebuyers’ aggressive marketing tactics are confirmed by multiple customer reviews.

Properties MarketPro Homebuyers Purchases

MarketPro Homebuyers purchases all kinds of properties. These include houses, condos, and townhouses. They also purchase homes as-is. So, whether your home needs significant repairs or is on the verge of foreclosure, they will buy it. Some of the eligible properties include:

  • Homes with structural damages
  • Rental properties with bad tenants
  • Inherited houses
  • Houses facing foreclosure

MarketPro Homebuyers Coverage

MarketPro Homebuyers covers the following markets.

StatesCounties
MarylandAnne Arundel County, Baltimore County, Carroll County, Frederick County, Harford County, Howard County, Montgomery County, and Prince George’s County
VirginiaAlexandria County, Arlington County, Fairfax County, Loudon County, and Prince William County
PennsylvaniaChester County, Bucks County, Montgomery County, Delaware County, and Philadelphia County
FloridaHillsborough County, Lake County, Orange County, Osceola County, Pasco County, Pinellas County, Polk County, Seminole County, and Volusia County
Washington, DCAll Markets
Georgia All Markets

How Does MarketPro Homebuyers Work?

Getting a cash offer from MarketPro Homebuyers is straightforward:

  • Get a Preliminary Offer: Visit their website to request an offer estimate. Provide basic personal and property details. Their team will review this information and provide an initial offer.
  • Schedule a Visit: If the initial offer satisfies you, a MarketPro team member will visit your house to evaluate the property and identify any necessary repairs.
  • Get Final Offer: You get the final offer within 24 hours of the representative’s visit. There’s no legal obligation to use MarketPro Homebuyers services.
  • Close on the Home: If you accept the offer, you can close on the house without incurring any commission or closing costs. With MarketPro Homebuyers you can close on the house within 7 days.

MarketPro Homebuyers can also help you move out. They offer packing and moving assistance along with cleaning services at an additional cost.

How Much Does MarketPro Homebuyers Pay?

A cash buyer typically offers 50% to 70% of the fair market value of a house. MarketPro Homebuyers don’t disclose details about how they arrive at the offer price. However, customer reviews highlight how their offers fall within the aforementioned range.

For example: If the fair market value of your property is $300,000, your cash offer could range between:

  • Lowest Offer (50%): $300,000 * 0.50 = $150,000
  • Highest Offer (70%): $300,000 * 0.70 = $210,000

Market conditions, local real estate trends, and seasonal fluctuations impact the offers. For instance, in areas undergoing economic growth, you’re likely to receive a higher offer. Conversely, the offer might be lower if the locality has higher crime rates.

MarketPro Homebuyers Reviews

MarketPro Homebuyers has a 4.4 out of 5-star rating on Google based on 451 reviews. The company also has reviews on other credible websites. Here’s the overall average of their ratings:

WebsiteRating (out of 5)Review Count
Google4.4416
BBB4.387
Yelp1.127
Average3.2530

MarketPro Homebuyers Positive Reviews

✅ Tim had a smooth, hassle-free experience with MarketPro Homebuyers. He praised the company’s efficiency and helpful staff.

Tim MitchellUSASubmitted 2024

This has been the easiest home sale I have ever had. We called the company, a very nice man came to see the home within a day, then we received a very fair offer on the spot. Everything that was promised was achieved. The closing was easy and the funds were exact. We couldn’t be happier.

Source: Google

✅ Maureen was impressed with MarketPro HomeBuyers’ team. She emphasized how their agent navigated a challenging transaction. She strongly recommends MarketPro for a quick and hassle-free sale.

Maureen SullenderUSASubmitted 2023

Nicole and the entire MarketPro team were amazing! I have to say that this would have been a very difficult transaction (due to others on the deed that did not live at the property) if it were not for the expertise from Nicole. I highly recommend MarketPro to anyone looking for a quick no hassle sale.

Source: Google

MarketPro Homebuyers Negative Reviews

❌ Christian feels frustrated and disillusioned by the predatory tactics of MarketPro Homebuyers.

Christian KoenigseggUSASubmitted 2024

They have been sending marketing on my rentals, personal home, and vacation properties for years now. They will just carpet bomb entire zip codes trying to buy properties for pennies on the dollar, and just drop the contract(s) if they cannot find a buyer, and then they are to never be heard from again.

Source: Google

❌ Anthony was offended by the marketing tactics of MarketPro Homebuyers. He felt his information was solicited.

Anthony WarrenUSASubmitted 2023

Disrespectful to send solicitation trying to buy my home so you can make money off of it…You’re not helping people trying to take their home to make money. Pathetic, Selfish, Greed. I would work against your company at all cost.

Source: Google

MarketPros Homebuyers Reviews: Pros and Cons

Here are some pros and cons of MarketPro Homebuyers:

👍 Pros

  • Quick Sale: MarketPro can be a good option if you need a quick sale. The closing time is less than a week.
  • Sell As-Is: You can sell a home even if your property faces foreclosure or needs heavy repairs.
  • Instant Quote: You do not have to wait to get an estimated offer. You will get an offer within 24 hours of contacting the company.
  • Closing Date: You can select the most suitable closing date based on your convenience.

👎 Cons

  • Low Offer Price: The offer price might be lower than what you’ll get on the open market. You can expect to get around 50% to 70% of your home’s FMV.
  • Aggressive Marketing Tactics: According to several MarkerPro Homebuyers reviews, they spam call users. Most of the reviewers had similar complaints.
  • Low Market Availability: MarketPro Homebuyers is available in limited states.

MarketPro Homebuyers Competitors

» Jump to: MarketPro Homebuyers vs. Houzeo | MarketPro Homebuyers vs. Opendoor | MarketPro Homebuyers vs. HomeVestors

1. MarketPro Homebuyers vs. Houzeo

MarketPro Homebuyers will mostly only give you only 1 offer. Whereas, Houzeo is a cash buyer marketplace that lists your home on the MLS. This helps you market your property to a wide pool of buyers. You can get an offer closer to the FMV of your home.

A marketplace helps you attract top cash buyers like Opendoor and Offerpad. So, you can negotiate a better deal. Moreover, Houzeo’s tech and mobile app help you sell easily and effectively.

ParametersMarketPro HomebuyersHouzeo
Sale Price50% to 70% of FMVUp to 100% of FMV
Customer Rating 4.4 stars (431 reviews)4.9 stars (7,613 reviews)
Closing Timeline7 to 14 days2 to 60 days
CoverageSelect marketsNear nationwide
Scope for Negotiation
Highest and Best Offer

2. MarketPro Homebuyers vs. Opendoor

MarketPro Homebuyers and Opendoor both extend cash offers on your home. Opendoor pays up to 80% of your home’s FMV, better than what MarketPro Homebuyers offers. However, Opendoor has strict eligibility criteria and doesn’t buy properties as-is.

Additionally, Opendoor deducts a 5% service fee, closing costs, and repair costs from the offer. You can save on these costs with MarketPro Homebuyers.

3. MarketPro Homebuyers vs. HomeVestors

The offers of MarketPro and HomeVestors are more or less similar. Both companies offer 50% to 70% of your home’s worth. HomeVestors operates in 47 states and DC. If MarketPro is unavailable in your area, HomeVestors could be a viable alternative.

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

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 MarketPro?

Selling to MarketPro depends on your objective as a home seller. If you want to sell your house fast or have any financial contingency associated with it, MarketPro is a good option.

However, you should be ready to lose around 30% to 50% of your home’s equity for this convenience. And, if your priority is to get 100% of your home’s value, we recommend you list your home on the MLS through a cash buyer marketplace like Houzeo.

An MLS listing via Houzeo provides wide exposure to multiple cash buyers. You can use Houzeo’s dashboard to compare offers and request the best one. Moreover, you can also get a non-contingent cash offer from buyers with 100% FMV of your house.

» Houzeo Reviews: Here’s why more than 7,000+ home sellers have rated Houzeo 4.9 stars out of 5.

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Frequently Asked Questions

What is the MarketPro Homebuyers lawsuit?

MarketPro Homebuyers were sued in 2021. Their practice of contacting people without consent landed them in the hot soup. MarketPro Homebuyers’ aggressive marketing tactics are also confirmed by multiple customer reviews.

Does MarketPro Homebuyers purchase homes under foreclosures?

Yes, MarketPro Homebuyers purchase homes facing foreclosure. They assist homeowners to expedite the process. Know more about the types of properties MarketPro purchases.

What is MarketPro Deal?

MarketPro Homebuyers has a separate website, MarketPro Deals, for investors. MarketPro Deals specializes in connecting home sellers with prospective buyers. Know more about their cash buyer services here.

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