We Buy Houses Carrollton: Top 5 Companies
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- 15 min read
- 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.
Need to sell your house quickly in Texas? “We Buy Houses” Carrollton companies specialize in making all-cash offers for homes, often those that need repairs. These companies offer a fast and simple solution if you don’t have the time, money, or expertise to fix up your property.
Selling your house for cash is a great option if you’re dealing with an unexpected or urgent situation. You can skip the traditional selling process, receive your money faster, and move forward with your next steps, stress-free.
In this post, we’ll outline the pros and cons of working with We Buy Houses companies in Carrollton, helping you decide if it’s the right option for your situation.
Working with house-buying companies in Carrollton
For a faster sale in Carrollton, many homeowners choose to work with house-buying companies. These buyers make quick cash offers and close on your schedule. Let’s take a closer look at the process of selling your home for cash:
- Contact the company: Reach out to a house-buying company in Carrollton to express your interest in selling.
- Provide property details: Share basic information about your house, including its condition and location.
- Schedule a home visit: The company will set up a time to inspect your property, usually within a few days.
- Receive a cash offer: After the inspection, you’ll get a no-obligation cash offer for your home.
- Accept the offer: If the offer meets your needs, you can accept it and move forward with the sale.
- Close the sale: Complete the paperwork and close the sale, often within a week, to receive your cash payment.
Popular We Buy Houses for Cash companies in Carrollton
If the process of selling to a house-buying company in Carrollton sounds good to you, it’s time to find a legitimate operation you can trust. We’ve compiled some top companies that will pay cash for your or your parents’ property, whether that’s a ranch-style home or a traditional house.
By working with one of these companies, you can sell your Carrollton home in as little as a week or two.
Metroplex Homebuyers
Metroplex Homebuyers, established in 2011, offers a seamless and stress-free way to sell your home quickly. It specializes in purchasing properties in any condition, so there’s no need for costly repairs, deep cleaning, or time-consuming showings.
Homeowners can expect a no-obligation cash offer within 24 hours, providing clarity and confidence from the start. Closings can be completed in as little as seven days or on a timeline that best fits the seller’s needs.
Locations: All over the Dallas-Fort Worth metroplex, including Carrollton
Closing costs: Sellers pay no closing costs; Metroplex Homebuyers covers them.
Commended for putting ethics first in its services, Metroplex Homebuyers has earned an A+ rating from the Better Business Bureau (BBB). It boasts a 4.9-star rating, with reviews praising the company for its fair offers, transparency, and timely closings.
According to past clients, Metroplex Homebuyers follows through on their word, offering a straightforward process with no surprises. Some express appreciation for the honesty and transparency from start to finish. Others were thankful for being able to sell their home as-is for a fair cash price.
Website: metroplexhomebuyers.com
Phone number: 972-487-7653
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Carrollton (and across the country) can request a cash offer for their home. It features one of the largest networks 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 Carrollton. With the platform, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 7 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Carrollton.
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. Given its strong focus on excellent customer service, it has been BBB accredited since 2019 and now proudly holds an impressive 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
Myers Home Buyers
Myers Home Buyers offers a straightforward solution for homeowners looking to sell properties in any condition. It works with individuals facing a variety of situations, including downsizing, foreclosure, unemployment, permit complications, and inherited homes they can’t maintain.
Known for its efficient process, Myers Home Buyers can complete transactions in as little as two weeks. Sellers are not required to make repairs or prepare the property for listing, making it a practical choice for those seeking speed and convenience.
Locations: Houston and Dallas-Fort Worth metroplex, including Carrollton
Closing costs: Sellers pay no closing costs; Myers Home Buyers covers them.
Respected for principled business conduct, Myers Home Buyers holds an A+ BBB grade. On Google, its profile earned a high review score of 4.6 stars. Clients praise the team for its transparent, quick, and stress-free process.
Some say the team brings a personal touch to the home-selling experience, treating people with care and respect. Many felt like they were working with family rather than just a company. Others appreciate being kept in the loop and even given extra time to move out when needed.
Website: myershomebuyers.com
Phone number: 886-771-2250
Southern Hills Home Buyers
Southern Hills Home Buyers is a trusted home-buying company that has been serving homeowners since 2010. They specialize in helping sellers navigate difficult situations such as divorce, foreclosure, or sudden financial needs. As experienced investors, Southern Hills Home Buyers can close deals in as little as two to seven days, providing a fast and reliable alternative to the traditional selling process.
Locations: Throughout Dallas, including Carrollton
Closing costs: Sellers pay no closing costs; Southern Hills Home Buyers covers them.
Southern Hills Home Buyers has earned an A+ BBB rating and a perfect customer review score of 5 stars on Google. Clients commend the team for its professionalism, honesty, and seamless home-buying process. Reviews highlight their transparent communication, fair cash offers, and ability to handle complex situations like foreclosure and inherited properties.
Website: southernhillshomebuyers.com
Phone number: 214-225-3042
House Heroes
Florida-based House Heroes, which has extended its services to Dallas, purchases single-family homes, land, condos, and apartments in any condition. It provides a streamlined solution for homeowners who wish to sell their properties as-is, without investing in costly renovations or paying agent commissions.
Clients typically receive a cash offer within 24 hours and have the flexibility to choose their closing date. Repair costs are considered when calculating their fair cash offers, allowing sellers to avoid any out-of-pocket expenses.
Locations: Throughout Texas, including Carrollton, and other states
Closing costs: Sellers pay no closing costs; House Heroes covers them.
Respected for its commitment to ethical business practices, House Heroes, LLC has been accredited with the BBB since 2017 and holds an A+ rating.
Past clients share that the team is dependable, persistent, and great to work with during tough times. Even when things didn’t go smoothly, they kept pushing forward and got the job done.
People appreciate the friendly, professional service and the clear communication throughout the process. Many recommend them to others needing a trustworthy home-selling solution.
Website: househeroes.com
Phone: 954-676-1846
Why sell your Carrollton house for cash?
If you’ve ever sold your home through the traditional real estate market, you know the process can drag on for months, and there’s no guarantee of a sale. But when you sell to a We Buy Houses company, you’re looking at a guaranteed sale in just a matter of days. Speed, convenience, and certainty are the top reasons many homeowners choose to work with a cash-for-homes firm.
In Carrollton, selling a home on the open market using an agent takes around 71 days. That includes an average of 30 days on the market, from listing to signed contract, plus the typical 41 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 Carrollton, 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 house for cash in Carrollton can be a smart move when traditional selling methods aren’t the right fit. If you’re dealing with a time-sensitive situation or simply want to avoid the hassle of a lengthy home sale, a cash buyer might be the ideal solution. Here are some common scenarios where selling to a house-buying company could be beneficial:
- Job relocation: If you need to move quickly for a new job, a cash sale helps you sell the property fast and gives you the funds to get established in your new location.
- Divorce settlement: Getting a quick offer from a home-buying company allows you to divide assets faster and move forward with your life.
- Unwanted inheritance: A direct sale to a cash buyer avoids the hassle of upkeep, travel, or dealing with an inherited home you don’t want.
- Downsizing transition: If you’re ready to move to a smaller home, a cash buyer can offer a quick and easy sale.
- Expensive repairs: Avoid costly repairs by selling your house as-is to a cash buyer, especially if your home is in poor condition.
- Open house inconvenience: Skip the stress of preparing for open houses and showings by opting for a cash sale.
- Structural damage: Selling a home with foundation issues can be tough, especially when you’re targeting homebuyer-occupants, but a cash buyer might overlook these problems.
- Foreclosure fix: If foreclosure is looming, a quick cash sale could help you avoid damaging your credit further.
- Problematic tenants: House-buying companies purchase rental properties even with tenants, freeing you from the challenges of landlord duties.
- Remote home sale: If you no longer live in Carrollton, partnering with a cash-for-homes firm can simplify the process of selling your home from out of state.
Pros and cons of house-buying companies in Carrollton
When considering selling your Carrollton home to a house-buying company, it’s essential to weigh the advantages and disadvantages. This section provides an at-a-glance summary of the key pros and cons to help you make an informed decision.
Selling your house to a house-buying company in Carrollton offers speed and convenience. These companies purchase homes in any condition, allowing you to skip repairs and preparations. Here’s a summary of the main advantages:
- Quick sale: House-buying companies can close the sale within days, offering a fast solution if you need to sell your home quickly.
- No repairs: You can sell your house as-is, without spending time or money on repairs or updates.
- No contingencies: Cash offers from these companies typically have no contingencies, reducing the risk of the sale falling through.
- Simple process: The transaction process is straightforward, with less paperwork and fewer steps compared to a traditional home sale.
However, it’s important to consider the drawbacks. The most significant con is that working with a house-buying company might result in reduced proceeds versus selling the traditional way. Here’s a summary of the key drawbacks:
- Lower offer: Expect a cash offer that is typically lower than what you’d get by listing your home on the market.
- Scam risks: Some entities may pose as cash buyers, but actually engage in house-buying scams. Vet each potential partner thoroughly before committing to a cash offer.
- No market exposure: Selling to a house-buying company means your home won’t be exposed to the open market, potentially missing out on higher offers.
- Limited negotiation: These companies often present a take-it-or-leave-it offer, giving you little room to negotiate.
Vet cash buyers and know your home’s worth
When selling your Carrollton home to a We Buy Houses for Cash company, the level of service and integrity you experience can vary. To ensure a smooth experience, take the following steps before committing to a cash offer:
- Research the company: Investigate the company’s presence in the market and how long they’ve been buying homes.
- Check reviews: Look at online reviews and testimonials from previous clients to gauge the company’s reputation.
- Ask for references: Don’t hesitate to ask for references from past clients who sold their homes to the company.
- Read the agreement carefully: Review the buying agreement in detail, paying close attention to the terms, fees, and timeline.
- Verify legitimacy: Ensure the company is legitimate, licensed, and not involved in fraudulent activities.
Consult with an experienced local agent to better understand 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 Carrollton. You can also try our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Carrollton home quickly
Working with iBuyers
Instant buyers or iBuyers are part of the Cash-For-Homes industry and use automated valuation models (AVMs) to deliver quick home value estimates, offering an easy, mostly online sale experience. The homebuying process typically takes a few days to two weeks.
iBuyer companies like Opendoor and Offerpad provide all-cash offers, often closer to market value, for homes in good condition. but may include service fees of 5% to 6% of the home’s sale price.
Listing with an agent
Listing with a top real estate agent can also lead to a quick sale and a higher selling price, especially when you’re in a seller-friendly market. These professionals provide a comparative market analysis (CMA) to help set a strategic price, and many offer this service often for free.
With a strategic price, top agents can generate more interest early on, reducing time on the market. If you choose this route, HomeLight can connect you with a top-performing agent today.
FAQs on Carrollton house-buying companies
By and large, most We Buy Houses for Cash companies in Carrollton 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 signing a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the BBB website. Watch for anything that just doesn’t seem right.
Most Carrollton We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV), then deduct 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 Carrollton ranch-style home could sell for $445,000 after repairs, but it will need $25,000 of work to get there.
($445,000 x .70) – $25,000 = $286,500
In this example, a Carrollton We Buy Houses company might offer you around $286,500 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 they look for homes in better condition. An iBuyer might pay you 90% or more of the market value while charging a fee for their services.
When you accept an offer from a Carrollton We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one hand, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. On the other hand, 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.
- Research and vet the house-buying companies that serve your Carrollton 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 Carrollton vs. top Carrollton 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 Carrollton | Sell with a top Realtor in Carrollton |
Selling timeline | 7 to 30 days | 71 days average; 30 to attract an offer, 41 to close the loan |
Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, and stage the home |
Showings | None | 10 to 25 showings on average |
Inspections and 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 the 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% to 6% of the home’s sale price |
Closing costs | None | 1% to 3% of the home’s sale price on top of the agent’s 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 Carrollton is worth about $420,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $445,000.
Sell to a We Buy Houses for Cash company in Carrollton | Sell with a top Realtor in Carrollton | |
Estimated sale price | ($445,000 x .70) – $25,000 = $286,500 | $420,000 |
Market preparations | 0 | $4,200 (1% of the sale price) |
Agent commissions | 0 | $12,600 (3% of the sale price) |
Closing costs | 0 | $6,300 (1.5% of the sale price) |
Estimated take-home for seller | $286,500 | $396,900 |
As this example illustrates, it’s usually in your best financial interest to partner with an experienced real estate agent. However, net proceeds are not the only consideration when selling a home.
What’s best for your situation will depend on the condition of your property, the level of repairs needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Quick sale: House-buying companies offer a fast solution, often closing within days.
- No repairs needed: You can sell your house as-is without making costly repairs.
- Lower offers: Expect cash offers that may be below market value.
- Limited negotiations: Most house-buying companies present take-it-or-leave-it offers.
- Home valuation: Always be aware of your property’s estimated market value before you proceed with a cash-offer company to avoid extremely low offers.
At HomeLight, we’re happy to lend a guiding hand in navigating 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 Carrollton agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Carrollton area “We Buy Houses” companies are not endorsements. Moreover, the program details mentioned above may change. Visit the home-buying company’s website for the most up-to-date information.
Header Image Source: (trongnguyen / Unsplash)