5 Top We Buy Houses for Cash Companies in Brookfield
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Richard Haddad Managing EditorClose
Richard Haddad Managing EditorRichard Haddad is the managing editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.
If you’re a homeowner in Brookfield considering a quick home sale, you might have heard of “We Buy Houses” companies. These companies are known for making all-cash offers for homes, especially those that might need some work. If you find yourself lacking the time, expertise, or money for necessary repairs, these cash buyers can be a lifeline, providing you with a swift sale so you can move on with your plans.
When life throws you an unexpected curveball, or if you’re faced with an urgent situation that necessitates a fast home sale, selling to a cash-for-homes company can be a good solution. The process is straightforward, and the speed at which you can close the deal is often a significant advantage. But there are factors to consider carefully.
In this post, we’ll guide you through the ins and outs of selling your Brookfield house for cash, and review the key pros and cons of working with house-buying companies.
Sell Your House Fast in Brookfield With an All-Cash Offer
Get an all-cash, no-obligation offer on your Brookfield home through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers throughout Brookfield.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Brookfield area “we buy houses” companies should not be considered an endorsement.
Working with house-buying companies in Brookfield
House-buying companies serving Brookfield offer a streamlined process to sell your home for cash. Here’s an overview of the steps you can expect:
- Contact the company: Reach out to a reputable house-buying company in Brookfield, either through their website or by phone. Provide basic information about your property, such as its location, size, and condition.
- Schedule an inspection: The company will arrange a time to visit your home for a quick assessment. They’ll take note of your home’s condition, layout, and any repairs that might be needed.
- Receive an offer: Within a few days, you’ll receive a no-obligation, all-cash offer for your house. The offer is typically lower than market value but takes into account any necessary repairs.
- Review and accept the offer: Go through the offer carefully, ask any questions you might have, and ensure you’re comfortable with the terms. If you’re satisfied, sign the agreement.
- Choose a closing date: You get to pick a closing date that suits your schedule. House-buying companies can usually accommodate a quick close, often within a week or two.
- Sell your home: On the closing day, you’ll meet at a title company or attorney’s office to sign the final documents. Once everything is in order, you’ll receive your cash payment.
- Move on: With the sale complete, you’re free to move on to your next chapter, whether that’s relocating, downsizing, or simply enjoying a fresh start.
Popular We Buy Houses for Cash companies in Brookfield
If the process of selling to a house-buying company in Brookfield 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 parents’ Victorian Home or your Bungalow. By selling to one of these companies, you should be able to sell your Brookfield home in as little as a week or two.
Sold Today LLC
The owners and staff of Sold Today LLC live and work in the Connecticut communities they serve. They promise a “Fair, Firm Cash Offer In 24 Hours.” The company takes pride in its ability to directly purchase homes and make cash offers. This allows them to create an extremely fast and streamlined transaction by buying your home directly from you.
Team members at Sold Today LLC consider themselves to be experts at buying homes that would be difficult to sell for a number of reasons. Their staff strives to be 100% transparent with clients and have their best interests in mind at all times. Their mission is to be Connecticut’s most convenient, courteous, and professional home-buying company.
Locations: Offers made throughout Connecticut
Closing costs: Sellers pay no closing costs; Sold Today LLC covers them.
Sold Today LLC has a 5-star rating on Google reviews. Reviewers praise the staff for their exceptional service and fast, streamlined process. One reviewer states, “The deals were straightforward, there was no reading in between the lines, someone was always available to answer questions I had.” Others speak of quick response times, with one customer expressing gratitude after having received a firm offer in just 24 hours, as promised.
Website: ibuyhousesinconnecticut.com
Phone: 860-944-4999
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Brookfield (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 Brookfield.
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 Brookfield, Connecticut.
Closing costs: No prep costs, no agent commissions, and no 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 4.6 stars on Google based on more than 500 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
Freedom House Buyer
Freedom House Buyer has sixteen years of experience investing in real estate. The company reports it has helped more than 1,300 sellers offload their commercial or residential property. Freedom buys homes from all over Connecticut, especially from motivated sellers. The business says it can sometimes make a cash offer within hours, and expects most home sales to close in five days.
Freedom House Buyer laments, “For legal reasons, we can’t just give you a brown paper bag with cash.” However, they would be happy to provide a check or wire transfer.
Locations: Offers made throughout Connecticut, including Franklin.
Closing costs: Freedom House Buyer does not pay for any closing costs or fees.
Freedom House Buyer has a 4.7 Google rating based on 87 reviews. Customer reviews for the company are generally positive. Past clients of Freedom House Buyer speak to the professionalism and courteousness of Luke Florian and his team. They express appreciation for the company’s responsiveness and ability to get deals done in a timely manner.
Website: freedomhousebuyer.com
Phone: 860-876-7653
Cash Offer Express
Cash Offer Express has been expressly offering cash for homes since 2017. The company describes itself as a real estate solutions and investment firm. Their goal is to help homeowners to exorcise burdensome houses from their lives.
Cash Offer Express buys distressed homes and fixes them up. The repairs are simple and cost less than complex remodeling would cost. Since the repairs are inexpensive, the company believes it can offer home sellers the best deal.
Locations: Offers made throughout Connecticut
Closing costs: Sellers pay no closing costs; Cash Offer Express covers them.
Cash Offer Express has been BBB accredited since 2019 and has an A+ rating. Customer reviews for Cash Offer Express speak to the excellent customer service and knowledge of local real estate markets. Also, Cash Offer Express has a 4.8 Google rating. Those Google reviews express gratitude for the speed of transactions and the hassle-free experience.
Website: cashofferexpress.com
Phone: 203-601-6921
We Buy Houses in Connecticut
We Buy Houses in Connecticut has been purchasing, rehabbing, and selling houses at a profit since 2016. The company touts its pedigree as a house-buying company known for its fair offers. The home-buying business employs in-house contractors. That means it costs less money to renovate. Fewer dollars on renovations can ostensibly result in better offers than the competition.
Buying homes is the owner’s passion — and robots. The owner, Jerryll Noorden, is a former NASA robotics scientist. He brings his unique approach gleaned from creating robot exoskeletons for astronauts to home buying and flipping.
Locations: Offers made throughout Connecticut
Closing costs: Sellers pay no closing costs; We Buy Houses in Connecticut covers them.
We Buy Houses in Connecticut has been BBB accredited since 2017 and holds an “A+” rating. There are no reviews posted on the BBB site. The company has 24 Google reviews and 5.0 out of 5.0 stars. Customer reviews for We Buy Houses in Connecticut speak to the professionalism and responsiveness of the business. They recognize and value the honesty and integrity that Jerryll and his team bring to the transactions.
Website: webuyhousesinconnecticut.com
Phone: 203-529-4712
Why sell your Brookfield house for cash?
There are plenty of reasons a Brookfield home seller may choose to work with a Cash-For-Homes company. Leading the list are the benefits of speed, certainty, and remarkable convenience.
In Brookfield, it typically takes around 88 days to sell a home on the market using an agent. That includes an average of 45 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 Brookfield, 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.
Here are some common scenarios in which Brookfield homeowners might find selling to a house-buying company to be a fitting solution:
- Major repairs needed: The home has significant issues that are common in Brookfield, like storm damage or mold, and the owner cannot afford or does not want to handle the repairs.
- Urgent need to sell: The seller needs to cash in quickly or move ASAP due to a divorce, medical need, financial strain, job relocation, or some other pressing family or life change.
- Lack of funds for improvements: The seller doesn’t have the necessary funds or desire to make home repairs that would make the property more appealing to traditional buyers.
- Avoiding the traditional sales process: The seller wants to avoid the stress, work, or headaches of prepping the home, coordinating showings, negotiating, or navigating a lengthy or complex sales process.
- Desiring a private sale: The seller prefers the privacy of selling their property quietly off-market to a cash buyer without publicizing their personal situation.
- Facing foreclosure: The seller is in danger of losing their home to foreclosure and wants to sell quickly to settle their debts with the lender before their credit history gets worse.
- Inherited property: The seller has inherited a property that they do not want to maintain or rent out, and wishes to sell it conveniently and quickly for cash.
- Landlord issues: The seller is a landlord who no longer wants to manage a rental property, or wants to relieve themselves of a problem tenant without a lengthy eviction process.
- Elderly sellers: The homeowner is aging and moving in with a relative or into a care facility, and their family wants to sell the property quickly and conveniently.
- Out-of-state seller: The seller is living out of state and would like the benefits of an easy, quick cash sale without having to travel back and forth.
If you’re a homeowner facing any of these circumstances, selling to a We Buy Houses company might be a viable option for you. However, it’s important to consider this as a starting point in your search for solutions. Let’s look at some other factors to consider.
Pros and cons of house-buying companies in Brookfield
Selling your house to a house-buying company in Brookfield offers some significant benefits. However, these advantages often come with trade-offs.
Pros
The most notable pros of selling to a house-buying company in Brookfield are the speed of the transaction and the fact that these companies buy houses in any condition, eliminating the need for repairs or preparation.
Here are the key benefits at a glance:
- Quick and easy sale: House-buying companies can often close deals within a week or two, saving you time and effort compared to a traditional sale.
- No repairs or preparation needed: These companies buy homes in any condition, so you don’t need to invest in repairs, staging, or cleaning.
- Certainty of sale: Once you accept an offer, the sale is almost guaranteed, avoiding the risk of a deal falling through at the last minute.
- Simple process: If you’re facing a personal change that already has you juggling other aspects of your life, the cash offer process takes fewer steps and less paperwork than a traditional sale. This route reduces complexities and potential roadblocks.
Cons
While house-buying companies offer a fast and convenient option, the most significant drawback is that they usually offer less than market value for your home compared to selling on the market with an experienced real estate agent.
Here are the key drawbacks at a glance:
- Below-market offers: House-buying companies typically offer less than market value for your home, as they account for the cost of repairs and their profit margin.
- Less negotiation power: Since these companies aim to buy homes at a discount, you may have limited room for negotiation on the sale price.
- No personal touch: The process is often more transactional and less personal than working with a real estate agent who can advocate for your interests.
- Potential for pressure and scams: While many house-buying companies are legitimate, there are some unscrupulous players in the industry. Others may apply pressure tactics to take advantage of your urgent situation. Be sure to vet the company thoroughly.
As you consider the pros and cons of selling to a house-buying company in Brookfield, it’s essential to do your due diligence.
Curious What Your Home Is Worth?
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Vet cash buyers and know your home’s worth
The integrity and service you experience can vary widely. Your experience will largely depend on the character of the individual or group making the offer. Before committing to a cash offer, it’s crucial to vet the company thoroughly.
Take the time to check reviews, read testimonials, and research the company’s presence and performance in the market. Are they established and known in Brookfield? What do past sellers have to say about their experiences? Additionally, read the buying agreement carefully before signing. Understand the terms and conditions, as well as any fees or costs associated with the sale.
HomeLight suggests you consult with an experienced Brookfield 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 Brookfield home quickly
iBuyers
Instant buyers, or iBuyers, are a subset of the Cash-For-Homes industry that use automated valuation models (AVMs) to quickly assess home value and make near-instant, all-cash offers, usually closer to market value.
This online process can take as little as a few days to two weeks. However, iBuyers like Opendoor and Offerpad typically charge 5%-6% service fees and are better suited for sellers with homes in good condition in areas with homogeneous housing.
Listing with an agent
While listing with a real estate agent may seem counterintuitive for a quick sale, in a seller-friendly market, a top agent can sell your home quickly at a higher price, especially with strategic pricing and marketing. HomeLight data shows top agents sell homes for up to 10% more than average agents.
Agents can also provide a comparative market analysis (CMA) to help you determine an appropriate listing price and may even connect you with buyers willing to make a cash offer near market value. Many agents offer CMAs for free, giving you a valuable tool to weigh your options. By considering all options, you can make a more informed decision. HomeLight can connect you with top-performing agents in your Brookfield market.
FAQs on Brookfield house-buying companies
By and large, most We Buy Houses for Cash companies doing business in Brookfield are legitimate. 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 We Buy Houses for Cash companies serving Brookfield 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 Brookfield Victorian home could sell for $598,000 after repairs, but it’s going to need $30,000 of work to get there.
($598,000 x .70) – $30,000 = $388,600
In this example, a Brookfield We Buy Houses company might offer you around $388,600 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 Brookfield We Buy Houses for Cash company, you will likely be coming to grips with a two-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 the offer is accepted. On the other side, 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 is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to flat-out ask the company if there are any hidden program fees that might impact your bottom line.
- Research and vet the house-buying companies that serve your Brookfield area. Our list above is a good place to start.
- Submit offer requests to a few of the companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- 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 Brookfield vs. top Brookfield agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a Brookfield 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 Brookfield | Sell with a top Realtor in Brookfield |
| Selling timeline | 7 to 30 days | 88 days average; 45 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 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 | 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 put together 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 Brookfield is currently worth about $598,760 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $623,760.
| Sell to a We Buy Houses for Cash company in Brookfield | Sell with a top Realtor in Brookfield | |
| Estimated sale price | ($623,760 x .70) – $25,000 = $411,632 | $598,760 |
| Market preparations | 0 | $5,988 (1% of sale price) |
| Agent commissions | 0 | $34,728 (5.8% of sale price) |
| Closing costs | 0 | $8,981 (1.5%) |
| Estimated take-home for seller | $411,632 | $549,063 |
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 Brookfield 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
- Speedy sales: House-buying companies in Brookfield can close deals quickly, making them a good option for homeowners in urgent situations.
- No need for repairs: These companies buy houses in any condition, relieving you from the need to make repairs or upgrades.
- Cash offers: You’ll receive an all-cash offer, allowing you to quickly move forward with your life plans.
- Lower offers: Typically, house-buying companies will offer less than market value for your home compared to selling on the open market.
- Vet the buyer: Take the time to check reviews, read testimonials, and research the company’s presence and performance in the market.
- Know your home’s worth: Consult with a top Brookfield agent for expert insights on how soon, and for how much, your property might sell on the market.
Before making a commitment to a Cash-For-Homes company, it’s wise to request multiple offers and take the time to weigh your options.
At HomeLight, we are always here to assist you with your real estate needs, whether you’re looking for a cash offer or seeking a top Brookfield agent to help you sell your property quickly and at the best price. Let us help you make an informed and confident decision.
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