9 min read May 08, 2024

Seller’s Advantage Reviews: Pros, Cons, and Alternatives (2024)

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Edited By

Jai Chavan

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Editor
Edited By

Jai Chavan

Editor, Houzeo
About

Jai C. brings a unique blend of analytical prowess and storytelling finesse to the real estate realm. She has a knack for simplifying intricate market dynamics into engaging narratives for her readers.

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Seller's Advantage is a cash buyer company. They purchase houses as is, in select markets of Southern California. They are great for sellers who want to sell their home fast.

Editor’s Rating

4.6

User Rating

1

(1 Reviews)

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Pros

  • Fast and hassle-free sale
  • No appraisal contingency
  • No commissions & other closing costs

Cons

  • Offers less than the FMV of the house
  • Little to no scope to negotiate offers
  • Only available in select markets of the California

Seller’s Advantage is a SoCal-based cash home buyer company. They purchase houses as-is. So, you can sell your home to Seller’s Advantage even if it needs major repairs or facing any financial distress.

Seller’s Advantage is known for their fast closing time. They typically close on a house within 10 to 14 days of offer acceptance. Moreover, you can also move out in your preferred time frame.

Cash buyers like Seller’s Advantage offer 50% to 70% of your home’s FMV. Although Seller’s Advantage doesn’t disclose anything about their offer amount, they likely follow a similar trend.

    ✍️ 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. So, you can get a non-contingent cash offer that is 100% of your home’s worth. Compare Seller’s Advantage vs. Houzeo.

Is Seller’s Advantage Legit?

Seller’s Advantage is a legitimate cash buyer company in Southern California. The company was founded by Damon Lines in 2015. Seller’s Advantage has headquarters in Irvine, CA. They have been accredited by the BBB with an A+ rating.

Properties Seller’s Advantage Purchases

Cash buyer companies like Seller’s Advantage purchase all kinds of homes. So, whether your home needs significant repairs or is on the verge of foreclosure, Seller’s Advantage will buy it.

Some of the eligible properties include:

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

Seller’s Advantage Coverage

Seller’s Advantage operates in San Diego, Orange County, Riverside, San Bernardino, Los Angeles, and Ventura Counties in California. They claim to buy houses in other markets as well. However, the information about the additional markets is unclear.

How Does Seller’s Advantage Work?

Getting a cash offer from Seller’s Advantage is straightforward:

  • Contact Seller’s Advantage: Reach out to Seller’s Advantage to initiate the process. You can contact them through sellersadvantage.com.
  • Schedule Assessment: Seller’s 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 walk away.
  • Close on the House: If you 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 Priliminary Cash Offer: Seller’s Advantage doesn’t provide any intial 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. This price is based on the condition or any other situation associated with the 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.

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Seller’s Advantage Reviews

Here are the ratings of Seller’s Advantage on different websites:

WebsiteRating (out of 5)Review Count
Google4.7255
BBB4.9222
Yelp4.263
Average4.6540

The positive reviews of Seller’s Advantage revolve around the convenience of the sale. On the other hand, their negative reviews highlight the lowball offers.

Seller’s Advantage Reviews: Praises

✅ Kary was taken away with the services of Seller’s Advantage. She loved the promptness of the company.

Kary Austin-burnhamUSASubmitted 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

✅ Tamara had a great experience with Seller’s Advantage. She appreciated the compassion and consideration of their representatives.

Tamara WUSASubmitted 2024

Sellers Advantage is a great company to work with. They are very trustworthy and made the daunting task of selling a house very easy. I really appreciate how compassionate and caring they were from the first person I talked to, to the last. Highly recommend Sellers Advantage!

Source: BBB

Seller’s Advantage Reviews: Complaints

❌ Harry said Seller’s Advantage’s fast sale is only worth it when sellers don’t care about their home’s equity.

Harry H.USASubmitted 2024

I called them. They offered me 30% below what I sold later. Yes, they are quick if you not mind to sell it cheap. Hahaha.

Source: Yelp

❌ L Reyes felt Seller’s Advantage is a ripoff. They advised home sellers not to sell a home to this company.

L ReyesUSASubmitted 2023

Don’t sell your home through them. They just want to rip you off. They take advantage of people. Run the other way FAST!!!

Source: Google

❌ Jyll was highly frustrated over Seller’s Advantage reneging on their legal contract. The company highlighted issues with the property after extending the offer, despite a prior inspection.

Jyll L.USASubmitted 2024

Seller’s Advantage agreed to purchase my aunt’s home. I signed their agreement accepting their offer. About two weeks later, their agent, Troy, called me to arrange the inspection, or so I thought. Surprisingly, on that phone call, Troy informed me they were reneging on their legal contract because of HOA fees and the home being in a gated community, which they already knew about.

Source: Yelp

Pros and Cons

Let’s see the pros and cons of the Seller’s Advantage:

👍 Pros

  • Buys Houses As Is: With Seller’s Advantage, you can sell a home even if your property faces foreclosure or needs heavy repairs.
  • Quick Closing: As per Seller’s Advantage reviews, they 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 SoCal. They claim to have a presence in major metropolitan markets in the US. However, information about these locations is not available on their website.
  • Sub-par Customer Services: As per multiple reviews of Seller’s Advantage, their representatives are unprofessional. They don’t show up for inspection or change offers after your acceptance.

Seller’s Advantage Competitors

» Jump to: Seller’s Advantage vs. Houzeo | Seller’s Advantage vs. Opendoor | Seller’s Advantage vs. HomeVestors

1. Seller’s Advantage vs. Houzeo

Seller’s Advantage is a cash buyer company. On the other hand, Houzeo acts as a cash buyer marketplace. So, while Seller’s Advantage only gives you 1 non-negotiable offer, with Houzeo, you can list your properties on the MLS.

Top cash buyers like Opendoor and Offerpad extend offers on Houzeo’s MLS listings. Moreover, an MLS listing via Houzeo helps you market your property to a wide pool of buyers. They may even offer 100% FMV of your house.

ParametersSeller's AdvantageHouzeo
Sale Price50% to 70% of FMVUp to 100% of FMV
Customer Rating4.6 stars (538 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. Seller’s Advantage vs. Opendoor

Opendoor is an iBuyer that extends cash offers. They pay up to 80% of your home’s FMV, better than what Seller’s Advantage offers. However, Opendoor has strict eligibility criteria and doesn’t buy properties as is.

Moreover, Opendoor deducts a 5% service fee, closing costs, and repair costs from the offer. You can save on these costs with Seller’s Advantage.

3. Seller’s Advantage vs. HomeVestors

HomeVestors is a cash home buyer. Their offers are more or less similar to Seller’s Advantage – 50% to 70% of your home’s worth. HomeVestors operates in 47 states and DC. If Seller’s Advantage is not available 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 Your House to Seller’s Advantage?

Seller’s Advantage is great for home sellers who want to sell as is. You enjoy a hassle-free process, quick closing, and a non-contingent cash offer. Your offer will be 50% to 70% of your home’s FMV.

However, if your priority is to get most of your home’s equity, we recommend you list your home on the MLS. Multiple local and national cash buyers extend offers on MLS listings.

Moreover, 34% of buyers on the MLS make an all-cash offer. So, you can get 100% FMV in cash with an MLS listing.

Frequently Asked Questions About Seller’s Advantage

Is Seller's Advantage a ripoff?

No, Seller's Advantage is a legitimate company. Home sellers appreciate the company's honesty and quick selling process. However, some Seller's Advantage reviews low offers. Know more about Seller's Advantage.

Is Seller's Advantage legitimate?

Yes, Seller's Advantage is a legitimate company. They have been buying homes for cash in Southern California for more than 25 years. Know more about Seller's Advantage.

How to get the best cash offer?

To get the best cash offer, you should compare offers from multiple cash buyers. A smart way to do this is by listing your property on the MLS and attract multiple local and national cash buyers.

» How to List Your House on MLS Without a Realtor: Get the 100% FMV of your house by listing on the MLS.

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Reviews

1

(1 Reviews)

  • Ron

    Verified Reviewer

    Sad, taking advantage of financially challenged people.

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