MarketPro Homebuyers Reviews: Should You Opt for Them?

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MarketPro Homebuyers is a cash buyer company. They purchase distressed properties in as-is condition. Furthermore, they operate in select markets across 7 US states.

Pros

• You get an offer in 24 to 72 hours.
• You avoid paying the 3% Realtor commission.
• They don't charge repair or other closing costs.

Cons

• You get just 50%-70% of your home's FMV.
• You have no scope to negotiate the offer.
• They have limited coverage.

MarketPro Homebuyers is a cash buyer. They buy homes as-is in as little as 7 days. So, you don’t need to worry about repairs, showings, or delays. Moreover, you skip the 3% Realtor commission. This makes your home sale fast, simple, and almost a zero-cost process.

However, this hassle-free approach comes with a trade-off. MarketPro Homebuyers might not offer the best value for your house. Like most cash buyers, they might provide 50%-70% of your home’s FMV. This can significantly decrease your home’s value.

✍️ Editor’s Take: We recommend listing your property on a cashbuyer marketplace like Houzeo. With them, you get multiple cash offers to choose from. Plus, Houzeo’s offer management tools let you compare and select the best one for your property. Compare MarketPro Homebuyers vs. Houzeo.

Is Marketpro Homebuyers Legit?

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

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

Coverage

MarketPro Homebuyers offers cash buying services only in Pennsylvania, Florida, Washington DC, Georgia, Virginia, Maryland, and New Jersey. As a result, you cannot sell to them from anywhere in the US.

How Does MarketPro Homebuyers Work?

Here is how you can get a cash offer from MarketPro Homebuyers:

• Get an Initial Offer: Go to MarketPro Homebuyers’ website and request an offer estimate. Share basic details about yourself and the property. Their team will review this and send you a preliminary offer.
• Schedule a Visit: If you’re happy with the initial offer, a MarketPro team member will visit your home. They’ll assess the property’s condition and check for needed repairs.
• Get Final Offer: You’ll receive a final offer within 24 hours of the visit. You’re under no legal obligation to accept it.
• Close on the Home: If you wish to accept the final offer, you can close in as little as 7 days. There are no commissions or closing costs when selling to MarketPro Homebuyers.

In contrast, MarketPro Homebuyers can also help you move out. They offer packing and moving assistance along with cleaning services. However, all of these services come at an extra cost.

How Much Does MarketPro Homebuyers Pay?

Cash buyers like MarketPro Homebuyers typically offer 50% to 70% of a property’s fair market value. While they don’t reveal how they calculate their offers, customer reviews suggest their prices usually fall within this range.

For example, if you own a 3-bedroom house with an FMV of $300,000. Here’s what a cash offer from MarketPro might look like:

• Low-End Offer (50%) – $150,000
• High-End Offer (70%) – $210,000

So even though your home is worth $300,000 on the open market, your cash offer could fall short by $90,000 to $150,000 in exchange for speed and convenience.

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.

» What’s My Home’s Value: You can know your home’s market value with Houzeo’s free Home Worth Estimator. It helps you estimate the amount you will get upon sale.

MarketPro Homebuyers Reviews

MarketPro Homebuyers has a 4.6 out of 5-star rating on Google from 627 reviews. They also hold a 4.29 out of 5-star rating on BBB, based on 114 reviews.

Positive reviews praise the fast-selling process. On the other hand, Marketpro Homebuyers complaints highlight lowball offers and spam calls.

MarketPro Homebuyers Reviews: Positives

✅ Fair Offer, Responsive Team, and Stress-Free Sale

Carla R. had an excellent experience with MarketPro Homebuyers from start to finish. They praised the fair offer and highlighted how friendly, knowledgeable, and responsive their coordinator was. Carla said they made the selling process less stressful.

✅ Professional service, helpful support, and satisfying outcome

Patty A. and their husband initially chose another company but returned to MarketPro Homebuyers. They praised their professionalism and helpfulness, saying the company did exactly what they promised. Patty appreciated the team and highly recommends them.

MarketPro Homebuyers Reviews: Negatives

❌ Unprofessional Conduct and Unfair Practices

J. Lin had a frustrating experience with MarketPro Homebuyers. They said the company placed a lien, blocking the sale without doing any work. J. Lin felt mistreated and strongly warned others to avoid working with them.

❌ Disorganized Scheduling and Lack of Accountability

Kamy F. was deeply frustrated with MarketPro Homebuyers. They shared that the company scheduled multiple appointments but never showed up to view the property. Kamy felt the team was unprofessional and out of touch with the real estate market.

MarketPro Homebuyers Reviews: Pros and Cons

Here are some pros and cons of selling your home to MarketPro Homebuyers:

✅ Pros

• Quick Sale: MarketPro can be a good option if you need a quick sale. The closing time is as little as 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 closing date based on your convenience.

❌ Cons

• Low Offer Price: MarketPro Homebuyers’ 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.
• No Scope for Negotiation: With MarketPro Homebuyers, you don’t have room to negotiate your cash offer. You can either accept what they offer or walk away.
• Aggressive Marketing Tactics: According to several MarketPro Homebuyers reviews, they spam call users. Most of the negative reviews had similar complaints.
• Limited Market Availability: MarketPro Homebuyers is available in limited states.

Competitors

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

MarketPro Homebuyers has 3 main competitors. We have chosen them based on the number of offers, eligibility criteria, and coverage.

1. Number of Offers: MarketPro Homebuyers vs. Houzeo

MarketPro Homebuyers typically provides just one offer. In contrast, Houzeo is a cash buyer marketplace that lists your property on the MLS. This gives you access to a wider pool of buyers, increasing your chances of receiving an offer closer to your home’s fair market value.

Furthermore, by listing your home on a marketplace, you can sell house quick for cash through offers from buyers like Opendoor and Offerpad. Additionally, Houzeo’s advanced technology and mobile app make it easy to manage your listing and sell your home efficiently.

2. Eligibility Criteria: MarketPro Homebuyers vs. Opendoor

MarketPro Homebuyers and Opendoor both offer cash for your home. Opendoor typically pays up to 80% of your home’s fair market value, which is a better offer than MarketPro. However, Opendoor has strict eligibility requirements and doesn’t buy homes as-is.

Additionally, Opendoor deducts a 5% service fee, along with closing and repair costs, reducing the final offer. With MarketPro Homebuyers, you can save on these fees, keeping more of your proceeds.

3. Coverage: MarketPro Homebuyers vs. HomeVestors

MarketPro Homebuyers provides cash-buying services exclusively in 7 US states. This means their services may not be available in other parts of the U.S.

HomeVestors is another cash home buyer with similar payouts. However, they operate in 47 states plus DC. If MarketPro Homebuyers isn’t available in your area, HomeVestors could be a suitable alternative.

Companies That Buy Houses for Cash Near Me 🔍

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%.

Is MarketPro Homebuyers the Right Option?

Whether MarketPro is right for you depends on your selling goals. If you need to sell fast or are facing a financial crunch, MarketPro Homebuyers can be a helpful option.

However, you shall lose a significant portion of your home’s equity with MarketPro Homebuyers. If your priority is to get the best value for your home, we recommend you list your home on the MLS through a cash buyer marketplace.

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 of upto 100% FMV of your house.

» Houzeo Reviews: Here’s why more than 11,000+ home sellers have rated Houzeo 4.9 stars out of 5.

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