Sellers Advantage Reviews: Do They Provide a Fair Offer?

4.6

Editor's Rating

3

User Rating (2 Reviews)

Write a review

Sellers Advantage is a cash buyer company. They purchase houses as is, in select markets of Southern California. They are great for sellers who are on a time crunch.

Pros

• They provide fast and hassle-free sale.
• You make no repairs and renovations.
• There are no fees and out of pocket expenses.

Cons

• You get just 50%-70% of your home's FMV.
• There is little to no scope to negotiate offers.
• They are only available in select markets of California.

Sellers Advantage is a cash home buyer company based in South California. They purchase houses as-is within 7 days. So, you can sell your home to Sellers Advantage even if it needs major repairs and renovations.

However, like most cash buyers, Sellers Advantage will likely offer you only 50%–70% of your home’s fair market value. This can be a good option if your property is distressed and needs a quick sale. However, if your home is in decent shape, listing on the MLS is the best option.

✍️ 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 Sellers Advantage Legit?

Yes, Sellers Advantage is a legitimate cash buyer company in Southern California. The company was founded by Damon Lines in 2015. Sellers Advantage has headquarters in Irvine, CA.

As per our research, the company has various reviews on credible websites like Google reviews and BBB. They also have an A+ BBB rating that backs their quality of service.

Properties Sellers Advantage Purchases

Sellers Advantage purchases all kinds of homes. So, whether your home needs significant repairs or is on the verge of foreclosure, the company will buy it.

Some of the eligible properties include:

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

Sellers Advantage Coverage

Sellers Advantage operates only in Los Angeles, California. If you’re outside this area, you won’t be able to get a cash offer from them.

How Does Sellers Advantage Work?

It is pretty straightforward to get a cash offer from Sellers Advantage:

• Contact Seller’s Advantage: Reach out to Sellers Advantage to initiate the process. You can contact them through sellersadvantage.com.
• Schedule Assessment: Sellers Advantage will conduct a physical home inspection of your property.
• Get an Offer: Seller’s Advantage will make a no-obligation cash offer. If their offer doesn’t meet your expectations, you can choose to decline it.
• Close the Deal: If you wish to accept the offer, you can close on the house without any commission. Seller’s Advantage usually closes on the house within 10 days to 14 days.

🚨 No Preliminary Cash Offer: It is worth noting that Seller’s Advantage doesn’t provide any initial offer before inspection. Usually cash buyers tend to do that.

How Much Does Seller’s Advantage Pay?

A cash buyer typically offers 50% to 70% of the fair market value of a house. While Seller’s Advantage doesn’t disclose details, customer reviews imply their offers fall within a similar range. For a house worth $450,000, you might get $315,000 to $225,000.

Market conditions, local real estate trends, and seasonal fluctuations also impact the offers. So, if your house is near the RBOC building, you might get a better offer. If that is not the case, your offer may be a lowball one.

» 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.

Sellers Advantage Reviews

As per our research, Sellers Advantage reviews are mixed. Many customers praise the smooth process, quick closings, and professional service. However, some highlight misleading offers and unexpected price changes.

With 755 reviews across various platforms, Sellers Advantage has an average rating of 4.6 out of 5.

Sellers Advantage Reviews: Praises

✅ Honest Offers, Professional Service, Hassle-Free Selling

Thomas A. had a seamless and positive experience selling with Seller’s Advantage. They said the team was honest, professional, and made a generous offer with no surprises. Thomas appreciated the hassle-free process and highly recommends them.

Sellers Advantage Reviews: Complaints

❌ False promises and hidden costs

Sherril K. had a disappointing experience and felt misled by the company’s promises. They said the team claimed the offer was net with no fees, but that wasn’t the case. Sherril felt taken advantage of and warns others to be cautious when dealing with them.

❌ Deceptive tactics and last-minute price drops

Seoungwan N. had a very negative experience and warns others to avoid this company. They said the company lied, changed the agreed price, and pressured them to accept less. Seoungwan felt misled and strongly advises others not to use this service.

Sellers Advantage Pros and Cons

Here are the pros and cons of the Seller’s Advantage:

✅ Pros

• Buys Houses As-Is: With Seller’s Advantage, you can sell your home even if your property faces foreclosure or needs heavy repairs.
• Quick Closing: As per Seller’s Advantage reviews, you can close in as little as two weeks. They also have a flexible timeline and can close on a date suitable for you.
• No Commissions: You don’t have to pay any agent commission or other closing costs when you sell your home to Seller’s Advantage.
• No Contingencies: Cash buyers don’t rely on mortgage approvals or home inspections. This limits the uncertainties associated with the sale.

❌ Cons

• Lowball and Unfair Cash Offers: Your cash offer could be 50% to 70% of your home’s market value. Several Seller’s Advantage reviews also highlight this fact.
• No Scope for Negotiation: With Seller’s Advantage, you don’t have room to negotiate your cash offer. You can either accept what they offer or walk away.
• Limited Coverage: Seller’s Advantage limits its coverage to Los Angeles. As a result, you might not be able to sell with them from anywhere in the US.
• Sub-par Customer Services: As per multiple reviews of Seller’s Advantage, their representatives are less responsive. They don’t show up for home inspection or change offers after your acceptance.

Sellers Advantage vs. Competitors

Here are the top 3 competitors to Sellers Advantage:

1. Seller’s Advantage vs. Clever Offers

Seller’s Advantage is a cash home buyer that operates in select markets. They buy homes as-is and provide quick cash offers. Closings are usually fast, often within days. However, their offers are typically below 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. Seller’s Advantage vs. Houzeo

Sellers Advantage is a cash buyer company. They make a single, non-negotiable cash offer on your home. You won’t have multiple offers to compare, and the price is set by them.

Houzeo, on the other hand, works differently. They are a cash buyer marketplace that helps you list your home on the MLS. This gives you access to multiple cash buyers that provide cash offers for houses, increasing your chances of getting a top-dollar deal.

3. Seller’s Advantage vs. Opendoor

Seller’s Advantage is a typical cash buyer. They purchase homes in any condition. However, you compromise on your home’s equity by selling to them.

Opendoor, on the other hand, is an iBuyer. They typically pay up to 80% of your home’s fair market value. This is better than what Seller’s Advantage offers. However, Opendoor has strict eligibility requirements. They also do not buy homes as-is.

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%.

Sellers Advantage Reviews: Should You Sell Your House to Them?

Yes, you could sell your home with Sellers Advantage. They are great for home sellers who want to sell as-is. Furthermore, you enjoy a hassle-free process, quick closing, and a non-contingent cash offer. However, your offer will be just 50% to 70% of your home’s FMV.

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.

Write a Review

Please select a stars

Enter Name

Enter Email

Write a review for Seller’s Advantage

Verify & Submit

Verify Your Email to Submit Review

Verify Your Email

We have sent a verification code to your email. Please enter the code below to verify your identity and submit your review.

Enter 6-digit code sent to

Resend Code OTP has been resent to your Mail ID

Continue

Thank You!

Your review has been submitted.

It will be published within 24 hours.

Okay