7 Top We Buy Houses for Cash Companies in Florida
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Briana Yablonski, Contributing AuthorClose
Briana Yablonski Contributing AuthorBriana Yablonski is a freelance writer based in Knoxville, TN. When she’s not writing about lifestyle, food, and real estate topics, she’s gardening or exploring local trails.
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Sam Dadofalza, Associate EditorClose
Sam Dadofalza Associate EditorSam Dadofalza is an associate editor at HomeLight, where she crafts insightful stories to guide homebuyers and sellers through the intricacies of real estate transactions. She has previously contributed to digital marketing firms and online business publications, honing her skills in creating engaging and informative content.
Selling your Florida home quickly isn’t always easy, especially when life throws unexpected situations your way. But fortunately, real estate solutions from “We Buy Houses” Florida businesses can help you move fast and with less hassle.
Maybe you’re looking to move out of your Orlando home as you’re navigating a complicated divorce process. Or perhaps you need to sell your mission-style Miami property so you can start your new job in Atlanta, but repairs have gotten away from you.
Either way, you don’t have the time or energy to get your home ready for the market and go through the lengthy, traditional home sale. A “We Buy Houses” Florida firm can make an all-cash offer and let you move on in days, not months.
Sell Fast in Florida With a Cash Offer or Top Agent
Get an all-cash, no-obligation offer on your Florida home through HomeLight’s Simple Sale platform. Close in as few as 7 days with no repairs or showings. You can also request an expert estimate of what your home might sell for using a top Florida agent.
In this blog, we explored the pros and cons and the process of working with a house-buying firm. To help you select a trustworthy option, we’ve compiled a list of reputable providers serving locations within the state.
Working with house-buying companies in Florida
We Buy Houses companies in Florida typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days. They tend to target distressed properties in need of repairs and work with sellers who need to move ASAP.
Here’s how the process of selling a house for cash generally works:
- Request an offer: Provide the company with some information about your home. Some companies may make a preliminary offer at this stage, but it’s usually subject to change once they’ve inspected your property.
- Let the company inspect the property: The company completes a walk-through of your property, usually within 24 to 48 hours.
- Receive an offer: The company makes a firm offer, usually within 24 hours, but sometimes on-site after the walk-through, which you can accept or decline. Most of these companies will not negotiate on price, so the offer is a take-it-or-leave-it scenario.
- Decide on the offer: If you accept the offer, you’ll both sign a contract, and the closing process begins. Some companies offer a large deposit or moving cost assistance, and a few may even pay for the home upfront.
- Proceed to closing: Closing and getting paid is quick, typically within seven days to a few weeks. This can vary by company, and sellers who work with a house-buying company often enjoy flexibility in selecting a move-out date that works for them.
Popular We Buy Houses for Cash Companies in Florida
If the process of selling to a house-buying company in Florida sounds good to you, it’s time to find a legitimate operation you can trust. We’ve compiled some of the best companies that buy houses for cash in Florida, which will enable you to quickly sell your home for cash.
FL Cash Home Buyers, LLC
Founded in 2011, FL Cash Home Buyers has completed over 800 real estate transactions, building a strong reputation for dependability and efficiency. The company offers a tailored and simplified selling process that adapts to the specific needs of each homeowner.
Once essential details are finalized, closings can take place in as little as 15 to 30 days, with the option to adjust based on individual timelines. Clients receive their proceeds quickly after closing, either through secure wire transfer or certified cashier’s check.
Locations: Throughout Florida
Closing costs: Sellers pay no closing costs; Florida Cash Home Buyers covers them.
Florida Cash Home Buyers has several positive reviews on Google, generating an average rating of 4.9 out of 5 stars. Customers speak highly of the employees’ attentiveness, responsiveness, and ability to answer questions promptly, which helped them be confident in their selling decisions.
Most people report that the closing process was fast and simple, even when customers were dealing with difficult circumstances. FL Cash Home Buyers, LLC has been accredited by the Better Business Bureau (BBB) since 2015 and holds an A+ rating.
Website: floridacashhomebuyers.com
Phone: 954-519-7040
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Florida (and across the country) can request a cash offer for their home. It connects you to one of the largest networks of cash buyers in the U.S., and 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 Florida. With this, you can get an all-cash offer in 24 hours and sell your home in as little as 7 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Florida
Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. With its strong focus on excellent customer service, it has been BBB-accredited since 2019 and currently holds an A+ rating. The firm has 4.5 stars on Google based on hundreds of 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.
Website: homelight.com/simple-sale
Phone: 844-488-8455
Freedom Cash Home Buyers
Freedom Cash Home Buyers prides itself on having no hidden fees or closing deductions for home purchases. To work with the company, homeowners must first speak with a representative over the phone and provide information about their home and needs.
After inspecting the property, the team presents an offer over the phone. If the homeowner decides to accept the offer, they complete a contract and typically receive the cash 10 to 20 business days after signing.
Locations: Throughout Florida
Closing costs: Sellers pay no closing costs; Freedom Cash Home Buyers covers them.
Freedom Cash Home Buyers has garnered numerous positive Google reviews, earning an impressive 4.9 out of 5 rating. Clients mention the staff’s quick responses to calls and emails and professional guidance on various selling situations. Sellers also report a simple closing process, even if a home is in poor condition. Freedom Cash Home Buyers has been BBB accredited since 2017 and has an A+ rating.
Website: freedomcashhomebuyers.com
Phone: 877-806-2641
All About Real Estate
All About Real Estate (AARE) operates as a family-owned company that delivers fast and flexible home sales. It closes deals in as little as five days but also accommodates longer timelines when sellers need them. The company purchases a wide range of properties, including distressed homes, cluttered spaces, tenant-occupied units, and those with liens or violations.
It determines offers by reviewing comparable sales and factoring in repair costs, then conducts an in-person inspection before presenting a final number. After sellers accept an offer, they choose the closing date that works best for them.
Locations: Across the U.S., including all of Florida
Closing costs: Sellers pay no closing costs; All About Real Estate covers them.
Although All About Real Estate only has 48 reviews on Google, it has a perfect 5-star rating. In addition, it earned an A+ rating from the BBB. Past customers praise the team’s honesty, professional service, and excellent communication. Reviews also mention a fast and seamless closing process.
Website: allaboutrealestate.com
Phone: 786-753-8500
The Friendly Home Buyer
The Friendly Home Buyer focuses on providing a smooth, hassle-free way to sell a home, aiming to simplify transactions for sellers in various situations. It embraces fairness, efficiency, and adaptability to clients’ needs.
To partner with The Friendly Home Buyer, sellers must call the company to discuss their situation and needs. A representative will then inspect the home, and after the assessment, the team will present a no-obligation cash offer.
Locations: Throughout Florida
Closing costs: Sellers pay no closing costs; The Friendly Home Buyer covers them.
The Friendly Home Buyer has been BBB accredited since 2017 and has earned an A+ rating. Its Google Business Profile is filled with positive reviews, generating a high 4.7-star rating. Reviewers commend the team’s professional and friendly service as well as their patience, honesty, and real estate knowledge. Customers report that the service leads to a worry-free sales process.
Website: thefriendlyhomebuyer.com
Phone: 888-713-9158
Cornerstone Home Buyers
Since 2009, Cornerstone Homebuyers has been helping homeowners sell fast by purchasing properties directly, establishing its reputation as a trusted house-buying company in Florida and other states. After touring the property in person or virtually, the company will make a cash offer with no fees or commissions attached. If the seller chooses to accept the offer, the staff schedules a closing date that works for the client.
Locations: Throughout Florida
Closing costs: Sellers pay no closing costs; Cornerstone Homebuyers covers them.
Cornerstone Homebuyers has been BBB accredited since 2021, earning an impressive A+ rating. Its Google Business Profile has 4.5 stars, as it has generated several customer praises. Many clients report that the team went above and beyond to create a smooth sales process, even in difficult situations. They commend the staff’s in-depth knowledge of navigating home sales involving foreclosure, tenants, and probate.
Website: cornerstonehomebuyers.com
Phone: 305-615-2888
Mid-Florida Home Buyers
Formerly My Florida Home Buyers, Mid-Florida Home Buyers has been facilitating fast home sales since 2013. It makes instant offers on different types of properties, delivered within 24 hours and calculated based on the location, condition, and repairs needed. To further make transactions easier for clients, the company closes in as little as 10 to 14 days.
Locations: Orlando and the surrounding area
Closing costs: Sellers pay no closing costs; Mid-Florida Home Buyers covers them.
Mid-Florida Home Buyers has been accredited by the BBB since 2018 with an A+ rating. It has an average rating of 5 stars on Google, reflecting the company’s commitment to excellent customer service. Reviewers praised how the team provided guidance and information in a no-pressure way, which allowed sellers to trust the company. Others appreciated getting a fair price and closing the sale quickly, even in complicated situations.
Website: midfloridahousebuyers.com
Phone number: 352-519-4512
Why sell your Florida house for cash?
There are plenty of reasons a Florida seller may choose to go the Cash-For-Homes route, with speed and certainty being chief among them.
In Florida, selling a home on the open market using an agent typically takes around 101 days. That includes an average of 60 days on the market, plus the typical 41 days a buyer needs to close on a purchase loan.
Compare that to the seven days promised by many We Buy Houses for Cash companies in Florida, and you can see why these companies remain popular, even though they don’t always offer top dollar.
Why sell your Florida 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 Florida, selling a home on the open market using an agent typically takes around 109 days. That includes an average of 68 days on the market, plus the typical 41 days a buyer needs to close on a purchase loan.
Compare that to the seven days promised by many We Buy Houses for Cash companies in Florida, and you can see why these companies remain popular, even though they don’t always offer top dollar.
Not every seller has months to prep, market, show, and close. Let’s look at some common reasons Florida sellers choose cash-for-homes companies over listing the traditional way.
- Job relocation: You need to move quickly for a new job and can’t wait for a traditional home sale.
- Divorce settlement: You want to quickly divide marital assets and move on with your life.
- Unwanted inheritance: You’ve inherited a house and want a quick sale rather than dealing with maintenance or renting.
- Downsizing transition: You’re looking to move into a smaller home or retirement community without the hassle of prepping and showing your current home.
- Poor property condition: Your home requires significant repairs you can’t afford or don’t want to manage.
- Open house hassle: You prefer to avoid the stress and inconvenience of multiple showings and open houses.
- Foundation issues: Your home has structural problems, making it less attractive to traditional buyers.
- Foreclosure solution: You’re facing foreclosure and need to sell quickly to settle your debts.
- Problem tenants: You’re a landlord tired of managing tenants and want to sell your rental property quickly.
- Remote home sale: You anticipate the challenges of selling from out of state, so you prefer a quick cash sale without the hassle of traveling back and forth.
If you can identify with any of these situations, requesting a cash offer from a Florida We Buy Houses for Cash company might be a good starting point. However, it’s not your only option and may not be your best move (we’ll dive into your other options in just a minute).
Pros and cons of house-buying companies in Florida
We Buy Houses for Cash companies in Florida are a bit of a mixed bag. You get speed and service, but you may not maximize returns from the quick home sale. Let’s walk through a few pros and cons to consider while weighing your options.
One of the biggest advantages of working with Florida cash homebuyers is that you can sell your home as-is with no repairs required, since they buy homes in any condition. Here’s a summary of the benefits of this transaction:
Pros of We Buy Houses for Cash
- Speedy transaction. You can often sell your home in as few as seven days. That means you can move forward with your plans faster, whether you’re relocating, downsizing, or handling a major life change.
- Zero repairs. Lenders may refuse financing if a home fails to meet minimum standards set by a home appraiser, with issues like fire damage, foundation cracks, or faulty wiring potentially derailing a sale. In contrast, Florida cash-for-homes companies typically buy homes as-is and are more willing to accept both major and minor problems.
- Less hassle: Selling on the open market with a real estate agent often means tidying up and staging your home for buyers, but selling to a cash buyer lets you skip these stressful prep and showing tasks.
- Reduced closing fees. Agent-assisted sales often come with 3% to 6% commission plus potential concessions and closing costs, whereas selling to a cash buyer can reduce or eliminate these fees, with many We Buy Houses companies covering closing costs entirely.
When considering an offer from a We Buy Houses firm, remember that these are house-buying companies, which means they’re ultimately trying to make a profit. They plan to fix up your home and either resell it or rent it out. That takes considerable time, skill, and investment. Here are some potential downsides to weigh:
Cons of We Buy Houses for Cash
- Lower offers. Most companies make offers below market value, as they consider repair costs and profit margins.
- Inconsistent marketing knowledge. Not all cash home-buying companies are the same. Some use local knowledge to make competitive offers, while others may lack that expertise, leading to lowball bids.
- Untrustworthy companies. Some businesses make extremely low offers to desperate homeowners. A few bad players may even engage in house-buying scams, though it’s uncommon.
- Pressure tactics. These companies know that homeowners looking to sell quickly are often in dire situations, and some do take advantage of that by using pressure tactics. You should never feel pressured to accept an offer, especially since there are plenty of We Buy Houses for Cash companies in Florida to choose from. If anyone makes you uncomfortable, it’s time to move on to another option.
Vet cash buyers and know your home’s worth
Before committing to a cash offer, it’s crucial to vet the company thoroughly. The level of service and integrity you experience from a house-buying company can vary, so make sure to:
- Research market presence: Investigate how long the company has been buying homes in your area and how they’ve performed in the market.
- Check reviews: Look for Florida cash home buyers reviews and ratings to see what other sellers have said about their experience with the company.
- Ask for referrals: Go beyond reviews and ask actual clients to get a better sense of the company’s reputation and trustworthiness.
- Examine the agreement: Before signing anything, read the buying agreement carefully to ensure you fully understand the terms and conditions of the sale.
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 Florida. You can also use our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Florida home quickly
Working with iBuyers
Instant buyers or iBuyers offer sellers many of the same conveniences of other house-buying operations, but they also leverage algorithmic technology, otherwise known as automated valuation models (or AVMs), to give you a near-instant offer on your home and provide a user-friendly, mostly online home sale experience.
But unlike more traditional We Buy Houses for Cash companies, iBuyers tend to look for homes in better condition and offer much closer to market value, typically in the 85% to 95% range. Moreover, major iBuyers like Opendoor and Offerpad usually charge sizable fees for their services, usually around 5% to 6% of the home’s sale price.
Listing with an agent
In a seller-friendly market, a reliable agent can sell your home quickly, especially if it’s priced strategically. What’s more, selling on the market generally fetches the highest home price, and that’s especially true if you work with a skilled professional. Our internal transaction data at HomeLight shows that the top 5% of real estate agents sell homes for up to 10% more than average agents.
A trusted real estate agent can complete a comparative market analysis (CMA) to help you understand your home’s value and how quickly it’s likely to sell. A CMA is usually free, and you’re under no obligation to list with the agent. Agents may also connect you to cash buyers who are willing to pay closer to your home’s market value. Use HomeLight’s Agent Match tool to find a top professional today.
FAQs on Florida house-buying companies
“We Buy Houses Florida” refers to companies or investors in Florida that specialize in purchasing properties directly from homeowners. These companies offer convenience by buying houses in as-is condition and providing fast cash offers, allowing homeowners to sell their properties quickly and without the hassle of repairs, showings, or traditional sales processes
“We Buy Houses Florida” companies evaluate your property, make cash offers based on its condition and market value, and aim for quick closings, often within a few weeks. Selling to these companies eliminates the need for repairs, marketing, or staging, providing a streamlined option for homeowners seeking a fast sale.
“We Buy Houses Florida” companies typically provide cash offers below the market value to account for the convenience and quick sale they offer. The exact price depends on factors like the property’s condition, location, and the current real estate climate. It’s wise to obtain multiple offers, compare them, and carefully evaluate the terms and conditions before accepting an offer.
It depends on your goals. Selling a property for cash to companies that buy homes in Florida is a good option for those who prioritize speed, convenience, and a hassle-free selling experience. It can also benefit those facing time constraints, financial difficulties, or properties in need of significant repairs. However, homeowners should carefully assess their needs, evaluate the offered price, and ensure it aligns with their goals before deciding if it’s the right choice for them.
Deciding whether to sell your Florida home right now comes down to weighing several key factors: current local prices, competition from other listings, your equity and financial goals, and the urgency of your move. By reviewing these things, ideally with guidance from a trusted real estate professional, you’ll know if the timing is right for you. As you search for a reliable Realtor, use HomeLight’s Best Time to Sell calculator to learn the best time to put your home on the market for a quicker sale — and a higher price.
Most Cash-For-Homes companies follow the 70% rule, meaning they’ll offer you 70% of your home’s after-repair value (ARV), and then deduct the repair costs.
Here’s what that simple formula looks like:
(Your home’s ARV x .70) – repair costs
Now let’s take a look at a practical example. Let’s say your St. Petersburg home could sell for $380,000 after repairs, but it’s going to need $25,000 of work to get there.
($380,000 x .70) – $25,000 = $241,000
In this example, a Florida cash-for-homes company will probably offer you around $241,000 for your property. However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more like 85% to 95% of market value while charging a fee for their services.
Selling a home to a We Buy Houses for Cash company shouldn’t cost you any money, though you’ll likely get less overall for your home. Since these companies are geared toward distressed homes, they tend to have zero fees and will even cover your closing costs.
That means the offer you get is the price you should walk away with. Make sure to ask the house-buying company about any hidden program fees that could eat into your bottom line.
- Research and vet house-buying companies available in your Florida area. The above list is a great place to start.
- Submit offer requests to your top companies.
- Schedule any on-site visits.
- Field and compare offers. Choose the best option for you.
- Close in a week to 30 days and get paid (or you can often choose a later closing date, up to 90 days after the offer).
We Buy Houses for Cash in Florida vs. top Florida agent
Wondering how a We Buy Houses for Cash company stacks up against working with a real estate agent? We’ve got you covered.
| Aspect of the sale | Sell to a We Buy Houses company in Florida | Sell with a top Realtor in Florida |
| Sale timeline | 7 to 30 days | 109 days average; 68 to attract an offer, 41 to close the loan |
| Home preparations | None | Make necessary repairs, deep clean, declutter, landscape, and stage the home |
| Showings | None required, although some companies will complete a walkthrough | 10 to 25 showings on average |
| Inspections and repairs | None required prior to closing, though iBuyers may deduct a repair credit at closing | May need to make repairs for the buyer or renegotiate the price |
| Appraisal | A traditional appraisal is not required, but many companies will use their own analytics to come up with a fair price | May need to lower the 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 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
Let’s say you want to sell your home in Orlando. It is currently worth around $355,000 and needs about $25,000 in repairs. Once repairs are made, the home should be worth $380,000.
Here’s what you can expect to earn working with a We Buy Houses company and a top Florida real estate agent.
| Sell to a We Buy Houses company in Florida | Sell with a top Realtor® in Florida | |
| Estimated sale price | ($380,000 x .70) – $25,000 = $241,000 | $355,000 |
| Market preparations | 0 | $3,550 (1% of the sale price) |
| Agent commissions | 0 | $10,650 (3% of the sale price) |
| Closing costs | 0 | $5,325 (1.5% of the sale price) |
| Estimated take-home for seller | $284,600 | $335,475 |
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
- Fast sale: The best companies that buy houses for cash in Florida can help you sell your home in as few as seven days without repairs, showings, or hassles.
- Due diligence: There are many reputable cash home-buying companies across Florida, but it’s important to vet each potential partner carefully to ensure they align with your selling objectives and needs.
- Quick sale alternatives: You could leave significant money on the table using a Cash-For-Homes company versus going with a top agent or an iBuyer.
- Legitimate cash buyers: HomeLight’s Simple Sale platform provides all-cash offers for homes in almost any condition in Florida. Because the platform has partner investors with different buying parameters across the state, it can be a great starting point if you aren’t sure who would buy your home.
House-buying companies can be a good alternative for Florida sellers in need of a quick exit from homeownership, but they’re not without drawbacks. However you choose to sell your home, it’s important to avoid making a hasty decision.
For best results, weigh your options, gather offers from multiple companies, and consult with a top agent to see how easily your property could sell on the market.
Editor’s note: This post is for educational purposes only. Links to and mentions of Florida 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.
Writer Chelsea Levinson contributed to this story.
Header Image Source: (Antonio Cuellar / Unsplash)
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