How to Sell My House for Cash in Lakeland
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- 7 min read
- Alexandra Lee Associate EditorCloseAlexandra Lee Associate Editor
Alexandra is an associate editor of HomeLight.com. Previously, she served as a writer and social media manager at Santa Barbara Life & Style Magazine, in addition to interning at the nonprofit honors society Phi Beta Kappa. Alexandra holds a bachelor's degree in communication and global studies from UC Santa Barbara, and she has three years of experience reporting on topics including international travel, luxury properties, celebrity interviews, fine dining, and more.
If you’re planning to sell a house for cash in Lakeland, Florida, you’re probably looking for a quick, straightforward transaction. An all-cash sale allows you to bypass home prep, skip repairs and showings, and close on the timeline that works best for you.
The three big questions on your mind might be:
- How do I sell a house for cash in Lakeland?
- What does this convenience cost?
- How much more can I get for my Lakeland house if I make repairs?
In this post, we’ll walk you through the two main ways to obtain an all-cash offer in Lakeland and explain what your potential payout could look like, depending on whether you sell as-is or decide to make improvements.
Options to sell my house for cash in Lakeland
There are two main ways homeowners in Lakeland typically sell for cash: working directly with a house-buying company or investor, or partnering with a real estate agent who can help attract a cash offer from a traditional buyer. Each path can lead to different levels of proceeds.
Before we get into the details, use the calculator below to compare how a cash offer in Lakeland might stack up depending on which selling approach you take.
As you can see, a cash offer will be considerably higher if your Lakeland home is well-maintained. However, not everyone has the time, resources, or interest to take on major repairs before selling. For certain homeowners facing an imminent lifestyle or career change, financial stress, or wanting to sell an inherited property from out of state, the convenience of an all-cash offer can’t be beat.
Let’s take a look at what you can expect from each option to sell a house for cash in Lakeland.
Option 1: Sell to a cash buyer company in Lakeland
House-buying companies and investor groups specialize in purchasing homes for cash. Many of them buy properties in “as-is” condition, meaning you can sell your Lakeland home without cleaning, staging, or making repairs. They are commonly known as “We Buy Houses” companies.
Other house-buying companies that serve Lakeland, known as iBuyers, only purchase homes in good condition or move-in-ready “turnkey properties.” The most well-known iBuyers are Opendoor and Offerpad, which pay higher cash offers but charge a fee of around 5% of the home’s price.
We Buy Houses companies in Lakeland typically follow a similar streamlined process:
- You submit information about your Lakeland property online or over the phone.
- They assess the home’s value using local market data and an on-site visit.
- You receive a no-obligation cash offer, often within 24 to 48 hours.
- If you accept, they can close in as little as 7 to 14 days.
Some Lakeland cash buyers specialize in fixing and flipping homes, while others prefer to rent them out or hold them as investments. In general, the goal is usually to buy below market value to leave room for profit.
Most We Buy Houses investors in Lakeland follow the 70% rule of house flipping, meaning they aim to pay no more than 70% of a home’s after-repair value (ARV) minus the estimated cost of repairs. The calculator above illustrates a range of the 70% formula, along with an 80% guideline used by many rental property investors.
However, these are just general guidelines, and some Lakeland cash-for-homes companies may offer more or less depending on the property’s location and condition.
»Learn more: 5 Top We Buy Houses for Cash Companies in Lakeland
Pros and cons of selling to a Lakeland cash buyer company
Pros | Cons |
Speed: Close and get paid in days instead of waiting weeks or months | Lower offers: Cash buyers typically pay below market value |
No repairs required: Sell your home as-is, without cleaning, staging, or repairs | Little room to negotiate: Offers are often presented on a take-it-or-leave-it basis |
Convenience: Skip showings, open houses, and lengthy negotiations | Less competition: Without listing, you’ll miss out on multiple offers that could drive up the sale price |
No fees or commissions: Many companies cover closing costs, helping you avoid additional fees | Not suitable for all situations: A traditional agent-assisted sale may yield better financial results |
Certainty: Without a lender involved, there’s no risk of deals collapsing due to financing issues | Unscrupulous buyers and scams: Some Florida cash buyers lack credibility |
While there are many trustworthy investors serving Lakeland, it’s important to keep an eye out for potential red flags — such as a company that pressures you to make quick decisions or lacks an established online presence. Instead, search for companies with verified reviews, clear communication, and expertise in the local market.
»Learn more: We Buy Houses Pros and Cons: Make an Informed Decision
A better way to find trusted cash buyers in Lakeland
HomeLight’s Simple Sale platform can connect you with the largest network of pre-qualified cash buyers in Lakeland and throughout the United States, helping you review offers without navigating the investor world by yourself.
Here is the 4-step Simple Sale process:
To get started, share a few details about your Lakeland home and receive a no-obligation cash offer within 24 hours. If you decide to move forward, you can close in as few as 7 days or choose your preferred closing date. You’ll also receive an expert estimate of what your home might sell for using a top Lakeland real estate agent, so you can compare both options side-by-side.
Option 2: Attract a cash buyer with a top Lakeland agent
Not all cash offers come from investors or companies. In Lakeland’s housing market, many individual buyers come prepared with cash, whether they’re downsizing, relocating after selling a home in Tampa, or looking for a second home to escape cold winters in another state. A skilled Lakeland real estate agent can help position your home to attract these buyers.
»Learn more: Why Hire a Real Estate Agent When You’re Selling or Buying
Pros and cons of selling with a top Lakeland agent
Pros | Cons |
Higher sale price: More exposure often leads to multiple offers | Longer timeline: A traditional listing can take weeks or months to close |
Professional guidance: Agents manage pricing, marketing, and negotiations | Prep work needed: Cleaning, staging, or repairs are often required before listing |
Broad market access: MLS listings and networks connect you to more qualified cash buyers | Schedule disruptions: Selling this way can involve more frequent walkthroughs and interruptions |
Reduced stress: Professionals handle complex details and help you avoid pitfalls | Commission fees: You’ll need to account for agent fees as a percentage of the sale price |
Legal protection: Agents provide guidance on state disclosures and federal fair housing laws | Uncertainty of sale: There is no guarantee of a quick sale, and offers can still fall through |
»Learn more: Should I Sell to a Home Investor or List With an Agent?
The easy way to find top-rated Lakeland agents
If you’re leaning toward listing with an agent, HomeLight’s free Agent Match platform can streamline the process. By analyzing more than 27 million transactions and thousands of client reviews, we identify Lakeland’s top-performing agents to match you with someone best suited to your goals.
Whether you’re aiming to attract a cash buyer or want to compare your options first, the right local agent can help you maximize your results. For a no-obligation consultation with a trusted Lakeland agent, tell us a little about your selling goals and timeline.
Which cash sale option is right for you?
If speed and convenience are your top priorities, selling directly to a vetted Lakeland cash buyer through HomeLight’s Simple Sale platform may be the right fit.
If you’re willing to invest more time in exchange for a higher price — and don’t mind prepping your home for the market — partnering with a top Lakeland agent could be the better path.
When you request an offer from Simple Sale, you’ll also receive an expert estimate of what your home could sell for with a top agent, so you can confidently compare your options.
Still on the fence about selling a house for cash in Lakeland? Use our Home Cash Offer Comparison Calculator above to get an idea of what your home might sell for, depending on which approach you choose. Then, request a no-obligation offer or connect with a trusted Lakeland expert.
While there’s no universal answer, the right tools and expert guidance can help you make a confident, well-informed decision.
Header Image Source: (Cassanas1 / Deposit Photos)