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11 min read Nov 01, 2022

How Do I Sell My House Fast For Cash Los Angeles, CA (2023)?

Cover - sell my house fast for cash Los Angeles, CA

Should I sell my house fast for cash in Los Angeles, CA? While Los Angeles has seen a decline of in its home sales between September 2021 and September 2022, you can still get decent cash offers on your house in 2023 if you research all options.

Companies that buy houses for cash are fiercely competing for properties, often putting in multiple offers.

As a homeowner, you want to maximize the profit on a house sale, and if you want to sell your house fast for cash in 2023, you have a couple of options. Companies that buy houses for cash and iBuyers facilitate quick cash offers and close the sale instantly.

Selling on an open market will take a while but your net profits will be larger, even after paying agent commissions.

If you’re trying to sell a distressed property or need to close a house sale within two weeks, then cash home buyers are an ideal option for you.

💸 Maximize Your Cash Offer with Houzeo


In Los Angeles, CA, 90% homebuyers start online. Houzeo.com syndicates your MLS listing to thousands of real estate websites and increases the visibility of your property.


START YOUR MLS LISTING NOW

Rankings: 7 Companies That Sell Your House Fast for Cash in Los Angeles

CompanyPotential Offer PriceService FeesClosing Time100% Online5-star Reviews*Mobile App
1. Houzeo.com100% of Market Value$349 Flat FeeFlexible
2. Opendoor70% to 100% of Market Value5% of Home Sale Price7 to 45 days
3. Osborne Homebuyers50% to 70% of Market ValueNone10 to 60 days
4. 1-800-CashOffer50% to 70% of Market ValueNone7 to 90 days
5. Get Fair Home Offers 50% to 70% of Market ValueNone7 to 30 days
6. ASAP Cash Home Buyers50% to 70% of Market ValueNoneFlexible
7. We Buy Houses50% to 80% of Market ValueNone7 to 14 days

Reviews: 7 Companies That Sell Your House Fast for Cash in Los Angeles

1. Houzeo.com

🎖️ Max Exposure to Cash Buyers

Houzeo

Houzeo Logo
  • Service Fee: $349 Listing Fee
  • Available in 80+ U.S. Markets
  • 5 Stars 4.9/5 (out of 4,434 reviews)

Houzeo is the best option if you’re looking for multiple cash offers. An MLS listing via Houzeo.com provides exposure to the max number of cash buyers. This includes Opendoor and Homevestors, who have recently submitted cash offers on Houzeo.

  • Service Fee – $349: Houzeo does not charge a 5% service fee or any undisclosed closing fee.
  • Maximum Cash Offer: Your property will get max exposure to cash buyers via the MLS. This includes major portals like Zillow, Realtor.com, and Redfin. All local and national cash buyers, including iBuyers, will be aware of your listing and compete for it.
  • Types of Properties: On Houzeo Marketplace, you can market properties in any condition and sell your house as is.
  • Flexible Closing Date & Offer Terms: You can specify and negotiate the cash terms you want for your closing.
  • Nationwide Coverage: Houzeo is available in 47 states across the U.S., so you can market to local cash buyers almost anywhere.

👉 Our Take: For sellers looking to maximize their cash offers, we recommend Houzeo’s Gold plan. It will get you maximum exposure to cash buyers via the MLS. You will also have Houzeo’s advanced features to negotiate the best terms for your cash offer.

» Houzeo Reviews: Learn why Houzeo is America’s Real Estate Super App

  • Near Nationwide Coverage: Houzeo covers 47 states + DC.
  • No Listing Agent Commission: With Houzeo, you only pay a small flat fee to get access to the MLS and all the Houzeo tech
  • 100% online: Easy listing, fast changes, online showings, and online offers
  • Max Exposure: Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other real estate websites
  • Fast Listing: Rush listing option gets you listed within a business day with Houzeo Concierge. This is best to sell your house fast.
  • Real Estate On the Go: Houzeo Mobile App mimics most functionality of the Houzeo web platform, including Offers and Showings
  • 5-Star Customer Service: Superb support that minimizes Houzeo complaints
  • No Hidden Fees: There are no Houzeo hidden fees

» Is Houzeo Legit: Learn more about Houzeo.com’s locations and services

Houzeo has a stellar rating of 4.9 out of 5 stars, with reviews on popular sites like Google & Trustpilot.

» Houzeo Reviews: Check out what customers have to say about Houzeo.com!

Houzeo is available nationwide with coverage in 200+ markets.

2. Opendoor

Biggest iBuyer

Opendoor.com

Opendoor-Logo.
  • Service Fee: 5%
  • 4.5stars 4.5/5 (Out of  2,947 Reviews)

Opendoor is America’s best and largest iBuyer. They claim to offer 90% to 100% of the property’s fair market value when they buy homes.

They are the best website for selling the property if you’re in a time crunch, and selling fast is your priority over money.

Packages: There’s no package when it comes to cash home buyers. Opendoor gives you a preliminary offer on your home after evaluating the local housing market.

Once you accept the preliminary offer, they schedule a home inspection. Based on that, Opendoor will make a final offer on your house within 2 days. This offer includes their 5% service charge and repair costs.

Average Closing Time: You can choose a closing date between 14-60 days after finalizing an offer.

Mobile App Availability: Yes! Opendoor has a stellar mobile application to get a cash offer or list with them.

Our Take: Opendoor has strict purchase criteria, and they might reconsider buying your house if it is in as-is condition. Opendoor’s offer is final and non-negotiable.

Instead of selling your house below FMV, you can sell your home for top dollar and save on the listing agent’s commission using Houzeo.

» Opendoor Reviews: Is It Really The Best iBuyer In 2022?

  • As the biggest iBuyer company, they are advanced in their tech and can give a preliminary offer within 24 business hours.
  • Sell instantly for a cash
  • Not necessary to take care of repairs, as opendoor handles that easily
  • It covers the entire nation
  • Get offers in minutes
  • As you’re selling for cash and instantly, you’ll not get your desired home selling price
  • They pay an approximate percentage of 50%-70% of the actual house selling price.

Opendoor has a 4.5/5 rating across 2000+ reviews on Reviews.io

Available Nationwide!

3. Osborne Homebuyers

No Hidden Fees

Osborne Homes

Cash Companies - Osborne Homes
  • $Service Fees: None
  • 3.5 Stars 3.6/5 (Out of 34 Reviews)

Osborne Homes is a real estate solutions company that buys houses for cash in Fresno, California. They buy houses in as-is conditions and guarantee a no-hassle sale. The process starts with a simple online form. After the form is reviewed, a home inspection is scheduled, and they share an offer based on it.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All houses, i.e., distressed properties with structural issues, condemned properties, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
  • Closing Date & Offer terms:  Osborne Homes take approximately 24 business hours to share a cash offer. The closing timeline is flexible, and homes close within 10 to 60 days.
  • Limited Coverage: Osborne Homes only offers cash for houses in California.

👉 Our Take: Osborne Homes is best for home sellers looking for instant offers and a quick close on the property.

  • Get an offer in approximately 24 hours
  • Close in as little as two weeks
  • They buy houses in as-is condition

Osborne Homes has 3.6 stars out of 5 stars with 9 reviews on Google.

Osborne Homes buys homes in Alameda, Contra Costa, Fresno, Kern, Kings, Madera, Merced, Orange, Los Angeles, Riverside, Sacramento, San Bernardino, San Joaquin, Solano, Stanislaus, Tulare, and Yuba County.

4. 1-800-CashOffer

NATIONAL COVERAGE

1-800-CashOffer

1-800-CashOffers Logo
  • Service Fee: None
  • Designed for distressed properties
  • 5 Stars 5/5 (out of 5 reviews)

1-800-CashOffer has a network of cash buyers that are seasoned professionals and real estate veterans, not amateur flippers. All you need to do is share property details, and a cash offer will be made on your house.

The cash offer is calculated based on local market data. It is possible to get multiple cash offers for your house if it is in a desirable location!

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: 1-800-CashOffer will make a cash offer in distressed, unfavorable locations as well as desirable neighborhoods.
  • Closing Date & Offer Terms: 1-800-CashOffer provides a flexible closing timeline, up to 90 days out. The offer terms and closing costs can be negotiated, but there’s no hard data.
  • Limited Coverage: 1-800-CashOffer makes cash offers nationwide.

👉 Our Take: 1-800-CashOffer is best for home sellers who don’t wish to make any repairs and don’t mind leaving some cash on the table. Remember—an MLS listing on Houzeo.com will automatically put you in front of multiple cash buyers like Opendoor, RedfinNow, and local cash investors.

  • 1-800-CashOffer operates in all 50 states
  • Receive multiple offers.
  • Skip repairs
  • Offers may be less than fair market value.

1-800-CashOffer has a 5 out of 5 stars on the Better Business Bureau.

1-800-CashOffer operates nationwide.

5. Get Fair Home Offers

LOCAL CASH BUYER

Get Fair Home Offers

companies that buy houses for cash in los angeles
  • Service Fee: None
  • 5 Stars5/5 (5 reviews)

Get Fair Home Offers is a real estate solutions company and local cash home buyer in California. They specialize in providing homeowners with the most competitive offers possible. Get Fair Cash Home Offers has extensive experience buying houses and a track record of success.

  • Service Fee: None
  • Typical Offer: 50% to 70% of Fair Market Value (FMV)
  • Types of Properties Purchased: All types of houses, i.e., distressed properties with structural damage, inherited properties, tenant problems, code violations, etc.
  • Closing Date & Offer Terms: Get Fair Home Offers provides a 7 to 30-day closing for its cash offer. T
  • Limited Coverage: Get Fair Home Offers covers Los Angeles and surrounding areas.

👉 Our Take: Providing a lot of flexibility in terms of the closing date and offer packages, Get Fair Home Offers is good for you if you are strapped for cash. The limited coverage may, however, be seen as a drawback.

  • Get a cash offer in 24 hours
  • Close in as little as three weeks
  • Avoid the hassle of repair as they buy houses in as-is condition.
  • No closing costs.

On Google, Get Fair Home Offers has 5 reviews with a rating of 5 stars.

Get Fair Home Offers buys houses in Los Angeles, CA, and surrounding areas.

6. ASAP Cash Home Buyers

LOCAL CASH BUYER

ASAP Cash Home Buyers

CCC-ASAP logo
  • Service Fee: None
  • 3.5 Stars 3.7/5 (out of 3 reviews)

ASAP Cash Home Buyers started their journey in 2013. This real estate investor helps home sellers with their distressed properties, both residential real estate and empty lots.

They offer cash for houses regardless of their condition, location, or price while claiming to provide fair market value. This reputable cash buyer even refers their clients to credit and legal counseling services to help them make better decisions.

Note: ASAP Cash Home Buyers are not interested in properties like timeshares, hotels, or rental communities.

  • Service Fee: None
  • Typical Offer: 50% to 70% of the Fair Market Value (FMV)
  • Types of Properties Purchased: All types of ugly houses, i.e., extremely distressed properties with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
  • Closing Date & Offer Terms: After paying cash for your home, the turnaround time is as little as 24 hours. They also provide a flexible closing date.
  • Coverage: ASAP Cash Home Buyers function nationwide.

👉 Our Take: ASAP Cash Home Buyers’ fair offers make it one of the best places that buy houses as-is. If you want to save on repair costs, you can opt for this home-buying company. 

  • ASAP Cash Home Buyers sets a closing date based on your convenience.
  • This cash home-buying company has no undisclosed fees or hidden costs.
  • They are as-is cash home buyers. So, you have no additional expense.

ASAP Cash Home Buyers have a star rating of 3.7 out of 5 stars, with reviews on Google.

ASAP Cash Home Buyers provides nationwide coverage. 

7. We Buy Houses

POPULAR CASH BUYER

We Buy Houses

we buy houses logo
  • Available nationwide
  • Offers made in 24 hours
  • Flexible closing

We Buy Houses is an infamous we buy houses for cash company that has 2700 offices across the nation. With a pre-vetted investor network, they are known to make cash offers as good as 50% to 80% of the fair market value (repair costs excluded).

While the primary company, We Buy Houses doesn’t exercise control over how much their investors offer, they do reserve the right to rescind licenses if investors don’t meet their ethical standards. So, your house is pretty much in good hands if the investors operating in Florida adhere to their standards.

📍 We Buy Houses operates nationwide and has ~150 offices in Florida. Each franchise office operates independently.

⚡ Time to offer is 24 to 48 hours with flexible closing timeline, typically 7-14 days.

Best For: Sellers willing to sell the house as is and don’t mind leaving some money on the table.

»LEARN MORE: We Buy Houses Reviews: What do customers say about this cash buyer?

Pros

  • Free, no-obligation offer in 24-48 hours
  • Closing in just seven days
  • No need to worry about repairs
  • Available nationwide

Cons

  • Little to no room for negotiations
  • Offers are made by investors on different parameters and not all We Buy Houses cash offers follow a “standard” approach while evaluating a house
  • Exclusive licensees, so you might get just 1 office in your locality

Majority reviews about We Buy Houses are positive, with customers saying that the We Buy Houses investor they worked with was quick and professional.

A negative review we came across was with a home buyer who purchased a home from We Buy Houses and felt that the repairs they made before selling were cheap.

We Buy Houses has around 150 independently operated offices in Florida.

How to Sell My House Fast For Cash in Los Angeles, CA?

If you want to sell your house fast for top dollar, Flat Fee MLS services are the best way to go. Most Flat Fee MLS services including Houzeo get your listing on the MLS within 24-48 hours.

Listing on the MLS has 4 major benefits that majorly reduce the time in which you can sell your house:

  • MLS is the fastest way to hit the California real estate housing market, plus your listing is syndicated to major real estate websites like Zillow, Realtor.com, etc.
  • Your listing gets maximum exposure including real estate agents, home buyers, cash home buyers and iBuyers.
  • You can negotiate all offers.
  • You skip paying commission or service fees.

Worth a Shot: Home Trade-in Services in Los Angeles, CA

If you feel you won’t qualify for a home mortgage loan and need hard cash before buying your next house, then a home trade-in service will work wonders for you.

Home trade-in services like Knock and Flyhomes help you with the liquid cash to move into your new home while the company lists your old home on the market. Settling the finances happens when the old home sells.

» How to sell my house fast: Check out quickest ways to sell your house in 2023!

How to Compare Cash Buyers to a Traditional Sale?

When deciding whether to opt for a cash buyer or go the traditional house selling route, you can consider the parameters like closing time, speed and convenience, and expenses incurred during the sale. If you want to sell your house fast for cash, you can compare the speed of offers, closing, and upfront expenses.

1. Fast Closing

Cash home buyers give you plenty of room to decide when to close. All-cash deals close quickly because there is no money lender in the picture. Homes are evaluated, and cash home buyers make an instant offer, which is often non-negotiable.

2. Flexible Moving Out

There is also ample time to decide when you want to start moving out of the house because, in the case of companies buying houses for cash, there is no direct buyer who wants to migrate. It’s just the home seller and the company, so offering flexible moving out works for both. When it comes to a traditional real estate home sale, you need to move out within a few weeks so that the buyer can move in!

3. Reduced Expenses

You don’t incur any upfront expenses when dealing with cash home buyers because the usual steps like home prepping, staging, and photography are eliminated with cash buyers, so there is no direct cost associated when requesting a cash offer. Cash home buyers will offer cash for the house as-is. When selling a house the traditional way, you may incur the said expenses.

This makes cash home buyers more attractive if you want to sell your house fast for cash and get equity for your property hassle-free.

💲Market to the Biggest Pool of Cash Buyers!


Houzeo is the fastest, high-tech way to get on the MLS and sell to cash buyers.


Start Your FREE Listing NOW!

 

How We Buy Houses Companies, iBuyers, and Traditional Sales Compare

Cash buyer companies make a free, non-negotiable cash offer within 24 to 48 hours of requesting an offer. Once you give your contact details and a brief description of the house, a representative from the company will conduct a virtual home walk-through and verify the property details.

After this call, you get a non-obligatory cash offer and you can choose to accept or reject it. Negotiating this offer is off the table. In the case of traditional home selling, you get multiple offers from potential buyers, and real estate agents help you close on the best one.

Local home sales data is available online, so relying on traditional real estate agents for getting a top-dollar rate is no longer a necessity. Technology-driven companies like Houzeo.com let you list your home on the MLS with an advanced FSBO platform for a flat fee. The listing paperwork is 100% online, and any update can be made within a matter of clicks.

» Explore More: Houzeo Reviews: How to get a top-dollar rate for your house in 2023?

📈 Listing on the MLS

Listing on the open market is the best way to maximize your cash offer because your MLS listing gets syndicated to other real estate websites like Zillow, Trulia, Redfin, Realtor.com, etc. This amplifies the exposure of your MLS listing and puts you right where cash home buyers are looking for hot properties.

You can get multiple offers and also compare the highest and the best offers from potential buyers. There is an opportunity to negotiate the sale price, closing costs, etc, and save substantially in commissions by choosing a fixed fee MLS platform or low commission real estate agent.

Best For: Home sellers who want to maximize their cash offers, avail of the best offer terms, and close at a flexible timeline.

⏰ FASTEST WAY TO GET CASH OFFERS: Houzeo is 100% online. Complete listing formalities in <60 mins and market to potential buyers, including cash buyers!

📲 iBuyers

iBuyers are instant buyers, and these companies have created a level-playing field with full cash offers and technologically advanced platforms. You get a reasonably fair cash offer instantly and you can close within a matter of few days.

Getting the highest possible rate may not be possible but iBuyers paid 99.4% of the fair market value in 2021. The coverage of iBuyers is limited, so not all homeowners can avail their cash deals.

✅ Best For: Home sellers who want a hassle-free experience and don’t mind leaving some cash on the table.

🤑 Cash buyer/ “We Buy Houses for Cash” Companies

If your house is in a poor condition and you don’t want to spend thousands of dollars on repairs or closing costs, then you can choose “we buy houses for cash” companies. These companies make quick offers and help sell your house fast for cash.

You’ll get 50%-70% of your home’s fair market value, which is a low-ball offer. A home worth $150,000 on the open market can be scored at $70,000 by an investor with quick cash. An offer that is nearly 50% lesser than what the property is worth.

✅ Best For: Home sellers who want to sell distressed houses, or selling properties falling in difficult-to-sell locations.

💸 Maximize Your Cash Offer with Houzeo


In Los Angeles, CA, 90% homebuyers start online. Houzeo.com syndicates your MLS listing to thousands of real estate websites and increases the visibility of your property.


Want to sell your house for maximum cash?


START YOUR MLS LISTING NOW

 

Sell My House Fast for Cash in Los Angeles, CA: Pros and Cons

✅ Quick, Hassle-free Sale

✅ Fast Closing

✅ Certainty of Sale

✅ No Upfront Costs

⛔ Non-negotiable Cash Offers

⛔ Lower Sale Prices

⛔ Strict Purchase Criteria

⛔ Limited Coverage

💀 Beware: Cash Home Buyers Scams

Cash home buyers are legitimate, but there are scammers in every industry and that’s how ‘cash for houses scams’ work. Typically, these scammers post signs and blast emails with a “we buy houses for cash” ad. Families in need of liquid cash or struggling to make their mortgage payments fall for this, and end up losing control of their house.

There are cases when “cash for houses” companies have leased the property to a new tenant, and the owner is still responsible for making the mortgage payments. Don’t get lured by such deceptive ads; investigate the company thoroughly before signing any legal documents. Consider getting professional help to avoid falling prey to such cash home buyers’ scams.

💰Want to avoid shady cash buyers?

Experience seamless home selling with a credible network of real estate agents for a flat fee with Houzeo.com. List on the open market at just $329!
Learn more

Selling a House ‘As-Is’

Selling “as is” means putting your house for sale in the existing condition, without any upgrades or improvements. “As is” home buyers know you will not make any repairs, even based on the home inspection report.

Don’t consider this option if you:

  • Cannot Afford to Make Any Repairs
  • Want to Relocate ASAP
  • Are in a Financially Difficult Situation
  • Want to Avoid the Stress of an Inherited Property

Selling to a Cash Buyer: Is it Right for You?

If you want to sell your house fast for cash in Los Angeles, then yes, it is right for you. But you should match the following criteria. Selling your house to a “We buy houses for cash” company can be beneficial when you’re –

📌 On a severe tight timeline

If you’re going through a rough patch in your life, such as a divorce or an immediate move, cash buyers or investors can help you sell faster.

📌 Owning an inherited property

In case you have any deceased relative’s property that is far away or in poor condition, selling to a company that buys houses for cash can be a good call.

📌 In need of urgent cash

If you’re in a hurry, facing any foreclosure, and don’t wish to retain your home, then selling your house for cash might allow you to avoid a hit on your credit.

📌 Owning a badly distressed property

If your property is in extremely poor condition and it’s a waste to even contribute to further repairs then selling your house for cash is a perfect choice.

However, if you’re just looking for hard cash and can hang in a while, then listing on the MLS would be an ideal option. With a technologically advanced platform like Houzeo.com, you can start your listing process on any device and finish all the paperwork seamlessly.

💲Market to the Biggest Pool of Cash Buyers!


Houzeo is the fastest, high-tech way to get on the MLS and sell to cash buyers.


Start Your FREE Listing NOW!

 

Eager to Know How Houzeo Works?

We’ve got you covered. Check out the following video to understand how Houzeo works and why it is one of the best For Sale By Owner websites in the U.S.

What is Houzeo?

An overview of what the platform is all about

Start Your MLS Listing NOW!

» NEED MORE CLARITY? Read these exclusive Houzeo reviews and learn why it is one of the best FSBO sites in America.

Frequently Asked Questions: Sell House Fast for Cash in Los Angeles, CA

1. How to sell my house fast for cash?

The fastest way to sell your house in 2023 would be to be a cash home buyer. Evaluating we buy houses for cash companies and iBuyers is important before requesting an offer for your property from either of them. Typically, you get an offer within 24 hours, and you can close in 14 days. However, cash home buyers pay up to 70% of the fair market price of the house, so you will get more money if you sell your house on the open market. Start your FREE MLS Listing NOW!

2. What is the secret to a fast property sale?

There's no secret ingredient. Really. Any good real estate agent can help you get a quick sale by:

  • Pricing your home competitively based on other recent sales in your neighborhood
  • Telling you what the highest impact home improvements might be
  • Hosting an open house to attract more buyers
  • Or, you could sell your home directly to a company that buys houses — but you probably won't make as much money since these companies buy and resell homes to make a profit.

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