We Buy Houses Bentonville, AR: Top 4 Companies
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- Joseph Gordon EditorCloseJoseph Gordon Editor
Joseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
If you need to sell your Bentonville home fast, consider a We Buy Houses company. These companies offer all-cash deals for homes, often buying properties that need work. This can be a great option if you don’t have the time, expertise, or money for repairs.
A cash sale lets you get paid quickly. Whether you’re dealing with an unexpected situation or just need to sell without delay, cash-for-homes companies offer an alternative to the hassle of the traditional selling process.
In this post, we’ll explore the pros and cons of working with these companies in Bentonville. Our goal is to help you weigh your options so you can make an informed decision.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Bentonville area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Bentonville
Selling your house to a cash-for-homes company in Bentonville is a straightforward process designed to close quickly. Here is a brief overview of how it works:
1. Reach out to a company: Contact a reputable house-buying company in Bentonville and share basic details about your property.
2. Schedule a home visit: The company will schedule a visit to assess your home’s condition and determine an offer.
3. Receive an offer: After the assessment, you’ll receive a no-obligation, all-cash offer, typically within 24-48 hours.
4. Review and decide: Take time to review the offer. If it works for you, move forward with the sale.
5. Sign the paperwork: Complete the necessary paperwork to transfer ownership of your home.
6. Close the sale: Once everything is finalized, you’ll close the sale, often within days, and receive your cash payment.
Popular We Buy Houses for Cash companies in Bentonville
If the process of selling to a house-buying company in Bentonville sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your or your parents’ Craftsman-style or Colonial Revival home. By selling to one of these companies, you should be able to sell your Bentonville home in as little as a week or two.
Little Rock Property Buyers
Little Rock Property Buyers offers a simple four-step process for selling your home. Once you provide your property information, the staff can make a cash offer within 24 hours. The sale can close as quickly as seven days, sometimes the same day, or on a timeline that works for you.
Locations: Little Rock, Central, and Northwest Arkansas
Closing costs: Sellers pay no closing costs. Little Rock Property Buyers covers them.
Little Rock Property Buyers maintains a 4.8-star rating on Google. Reviewers label the company as “tried and trusted” and praise the staff for their prompt, smooth service.
Website: propertybuyersar.com
Phone number: 501-381-7493
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Bentonville (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network of cash buyers in the U.S. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Bentonville.
With Simple Sale, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 10 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Bentonville, AR.
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB-accredited with an A+ rating. The company has 4.8 stars on Google based on hundreds of user reviews. Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks and what he thought of the process overall.
Learn more: homelight.com/simple
Phone: 844-488-8455
We Buy Houses Arkansas
We Buy Houses is a national homebuying network with independent franchise offices in Arkansas. It buys single-family homes, condos, land, and other real estate types. On average, sellers can expect to close within 7-14 days.
Locations: Nationwide, including Arkansas
Closing costs: Sellers pay no closing costs. We Buy Houses covers them.
We Buy Houses has been BBB accredited since 2020 and holds an A+ rating. Customer reviews for We Buy Houses speak to reliability, responsiveness, and fairness. They expressed that it was a quick and easy process and an overall great experience.
Website: webuyhouses.com/AR
Phone number: 877-932-8946
NWA Cash
NWA Cash offers homeowners in Northwest Arkansas a quick, hassle-free solution for selling properties in any condition. With no agent fees, repairs, or cleaning required, they offer cash for homes and can close as quickly as 7 days.
Locations: Northwest Arkansas, including Bentonville
Closing costs: Sellers pay no closing costs. NWA Cash covers them.
NWA Cash receives a 5.0 average on Google and positive feedback for its professionalism, quick service, and helpfulness. Reviewers note honest and respectful treatment, even when they haven’t yet completed a deal.
Website: nwacash.com
Phone number: 479-777-0005
Why sell your Bentonville house for cash?
A cash offer is hard to beat if you are selling a property and need to do so as quickly as possible. Customers of We Buy Houses companies will typically point to the speed of the transaction, the overall simplicity, and the certainty of the sale compared to the traditional market.
In Bentonville, it typically takes around 64 days to sell a home on the market using an agent. That includes an average of 21 days on the market plus the typical 43 days a buyer needs to close on a purchase loan.
Compare that to the typical seven to 10 days promised by many house-buying companies in Bentonville, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
Selling your Bentonville house for cash can be a smart move if you’re facing a situation where time, convenience, or repairs are a concern. Cash-for-homes companies provide a quick and easy way to sell, especially if your property doesn’t fit the traditional market. Here are some common scenarios where selling for cash may be a fitting solution:
- Job relocation: If you need to move for a new job quickly, a cash sale can help you avoid the hassle of a drawn-out home sale process.
- Divorce: Going through a divorce and need to sell your home? A cash sale can streamline the process and help both parties move on faster.
- Inherited property: If you’ve inherited a house and don’t want to deal with the maintenance, selling for cash allows you to liquidate the asset quickly.
- Downsizing: When you’re ready to downsize, a cash sale offers a quick transition without the need to prep or stage the home.
- Repairs needed: If your home needs significant repairs, selling to a cash buyer can save you from expensive fix-ups before the sale.
- Dislike open houses: If you don’t want strangers walking through your home during open houses, a cash sale lets you avoid the traditional showing process.
- Foundation issues: Selling a house with foundation problems is tough on the open market, but cash buyers will often purchase homes as-is.
- Facing foreclosure: If foreclosure is on the horizon, a cash sale can help you sell before the bank takes over, giving you the chance to recover financially.
- Problem tenants: If you own a rental property with difficult tenants, a cash sale allows you to sell without the headache of evictions.
- Selling from out of state: Selling from out of state can be challenging, but a cash-for-homes company can make the process quicker and more convenient.
Pros and cons of house-buying companies in Bentonville
When considering selling to a house-buying company in Bentonville, it’s important to weigh the benefits and drawbacks. These companies offer speed and convenience, but you may sacrifice some profit compared to selling on the open market. Let’s take a closer look at the pros and cons.
Pros of selling to a house-buying company
The biggest advantages of working with a house-buying company are the speed of the sale and the fact that they buy homes in any condition, without needing repairs or preparations. Here are some additional benefits:
- Sell as-is: You don’t need to make any repairs or improvements. The company will buy your house as-is, no matter the condition.
- Fast closing: House-buying companies can often close in as little as 7-10 days, making them ideal if you need to sell quickly.
- No contingencies: There are usually no contingencies involved, which can prevent delays common in traditional sales.
- Skip the showings: You won’t have to deal with open houses or constant showings, saving you time and stress.
Cons of selling to a house-buying company
The biggest downside is that you’ll likely receive an offer below market value. House-buying companies typically purchase homes for less than what you could get by selling with a real estate agent. Here are some other drawbacks:
- Lower sale price: These companies generally offer less than the fair market value, so you might leave money on the table compared to a traditional sale.
- Risk of scams: Some companies can be less reputable, and it’s important to avoid home-buying scams when working with cash buyers.
- No negotiation: Most house-buying companies make a take-it-or-leave-it offer, so you won’t have the opportunity to negotiate for a higher price.
- Fees may apply: While some companies claim to cover closing costs, others may charge fees, reducing your net proceeds from the sale.
Vet cash buyers and know your home’s worth
When selling your Arkansas home to a cash buyer, the level of integrity and service you receive can vary. The outcome depends on the character of the person or group making the offer. Here’s how to vet a cash buyer before you commit:
- Check reviews: Look up the company online and read reviews to see what past sellers have experienced.
- Read testimonials: Go beyond just reviews—testimonials can offer insight into how the company treats its clients.
- Research their track record: Investigate the company’s presence and performance in the Arkansas real estate market.
- Read the agreement carefully: Always review the buying agreement in detail to understand the terms and avoid surprises.
HomeLight suggests you consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare your cash offer. HomeLight can connect you with a top-performing agent in your market. You can also use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Bentonville home quickly
iBuyers
iBuyers use automated valuation models to quickly estimate home values and offer a mostly online, cash sale experience. While their process is fast—often closing in days—companies like Opendoor and Offerpad typically charge 5%-6% in fees. They prefer homes in good condition, offering prices closer to market value.
Listing with an agent
Surprisingly, working with an agent could lead to a fast sale, especially in a seller-friendly market. A top agent can provide a comparative market analysis (CMA)—often free—to price your home right. HomeLight can connect you with an experienced agent who may even have cash buyer connections for a better offer.
FAQs on Bentonville house-buying companies
By and large, most We Buy Houses for Cash companies in Bentonville are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most Bentonville We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value minus their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your Bentonville Colonial Revival home could sell for $500,000 after repairs, but it will need $30,000 of work to get there.
($500,000 x .70) – $30,000 = $320,000
In this example, a Bentonville We Buy Houses company might offer you around $320,000 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because iBuyers look for homes in better condition. An iBuyer might pay you 90% or more of market value while charging a fee for their services.
When you accept an offer from a Bentonville We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. Conversely, you’ll likely get less money overall for your home.
Because We Buy Houses for Cash companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive will be the price you walk away with at the end of the deal. Of course, asking the company if any hidden program fees might impact your bottom line is always a good idea.
1. Research and vet the house-buying companies that serve your Bentonville area. Our list above is a good place to start.
2. Submit offer requests to a few of the companies you like best.
3. Schedule any required on-site property visits.
4. Compare offers. Weigh the pros and cons and choose the best option for you.
5. Close the sale in a week to 30 days and get paid. (Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.)
We Buy Houses for Cash in Bentonville vs. top Bentonville agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a glance at how different aspects of the sale might look and compare possible proceeds.
Aspect of the sale | Sell to a We Buy Houses for Cash company in Bentonville | Sell with a top Realtor in Bentonville |
Selling timeline | 7 to 30 days | 64 days average; 21 to attract an offer, 43 to close the loan |
Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage home |
Showings | None | 10 to 25 showings average |
Inspections / repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
Appraisal | None | May need to lower your asking price if the appraisal comes in low |
Title search | Cash-For-Homes companies often handle title issues | Must clear title before you can sell the home |
Financing contingency | None | Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear |
Agent commission | None | 3%-5.8% average |
Closing costs | None | 1% to 3% of the home sale price on top of agent commission |
Example net proceeds
Below, we’ve compiled one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.
Let’s say your home in Bentonville is worth about $450,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $475,000.
Sell to a We Buy Houses for Cash company in Bentonville | Sell with a top Realtor in Bentonville | |
Estimated sale price | ($475,000 x .70) – $25,000 = $307,500 | $450,000 |
Market preparations | 0 | $4,500 (1% of sale price) |
Agent commissions | 0 | $13,500 (3%) |
Closing costs | 0 | $6,750 (1.5%) |
Estimated take-home for seller | $307,500 | $425,250 |
As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Fast closing: House-buying companies can close deals in as little as 7-10 days, making them ideal if you need to sell quickly.
- No repairs needed: You can sell your home as-is without worrying about costly repairs or upgrades.
- Lower offer: Cash-for-homes companies typically offer less than the market value, so you may not get as much as you would with a traditional sale.
- Convenience: With no showings, open houses, or negotiations, selling to a cash buyer is a hassle-free process.
- Risk of scams: It’s important to vet the company carefully to avoid potential fraud or unscrupulous buyers.
- Know your home’s worth: Always be aware of your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to help you manage your real estate journey. Let us help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top Bentonville agent.
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