7 Top We Buy Houses for Cash Companies in Florida

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.

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 10 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.

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.

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:

  1. 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.
  2. Let the company inspect the property: The company completes a walk-through of your property, usually within 24 to 48 hours.
  3. 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.
  4. 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.
  5. 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

Formed in 2011, FL Cash Home Buyers, LLC, or Florida Cash Home Buyers, has completed over 800 real estate transactions. It promises a fast closing process that typically takes two to four weeks, but the company can be flexible depending on the seller’s level of urgency and preferred timeline.

Along with providing full cash offers for homes in as-is condition, Florida Cash Home Buyers provides another sale option, which they refer to as “Novation.” With this method, the company completes necessary repairs on the property and helps you find a third-party buyer. Due to the improved state of your home, the company says that you may receive 10% to 15% more than you would with a regular cash offer.

Locations: Throughout Florida

Closing costs: Sellers pay no closing costs; Florida Cash Home Buyers covers them.

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 10 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.

Freedom Cash Home Buyers

Founded in 2017, Freedom Cash Home Buyers prides itself on having no hidden fees or closing deductions. 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: Freedom Cash Home Buyers covers closing costs, with the exception of property taxes.

All About Real Estate

All About Real Estate (AARE) was founded by Petru Pusta, a licensed real estate broker who has been conducting real estate transactions since 2008. The family-owned and operated company closes on homes in as little as five days but is also flexible in accommodating longer closings.

To work with AARE, you’ll speak with a company representative over the phone or online, where you can explain your current situation. The firm is flexible in the types of homes it buys. It purchases distressed homes or properties with an abundance of clutter, hostile tenants, city and county liens, or violations.

The company analyzes comparable sales and considers necessary repair costs to determine a fair offer amount. After its in-person home inspection of the property, it typically makes an offer right away. Once you accept, you can set a closing date of your choosing.

Locations: Across the U.S., including all of Florida

Closing costs: Sellers pay no closing costs; All About Real Estate covers them.

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, call the company to discuss your situation and needs. A representative will then inspect your home. 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.

Cornerstone Home Buyers

Cornerstone Homebuyers has been purchasing properties for over 15 years, 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 you choose to accept the offer, the staff coordinates with you to schedule a closing date that works for you.

Locations: Throughout Florida, with a focus on the Miami area

Closing costs: Sellers pay no closing costs; Cornerstone Homebuyers covers them.

My Florida Home Buyers

Formerly My Florida Home Buyers, Mid-Florida Home Buyers has been helping homeowners sell their homes fast since 2013. It makes instant offers on different types of properties, calculated based on the location, condition, and repairs needed. To further make transactions easier for clients, the company closes in as little as seven days, but also gives sellers the flexibility of closing on their terms.

Locations: Orlando and the surrounding area

Closing costs: Sellers pay no closing costs; Mid-Florida Home Buyers covers them.

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.

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.
  • Sale from out of state: You own a property in Florida but live elsewhere and want the ease of a fast, remote sale.

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.

Pros of We Buy Houses for Cash

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.

If your home was severely damaged in a weather event, or you’ve fallen years behind on routine maintenance, you can still sell without needing to make the extensive repairs that financed buyers may require.

  • Speedy transaction. You can often sell your home in as few as seven days. These companies skip the traditional listing process, so there’s no need for open houses or staging. 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 not agree to provide financing for homes that fail to meet minimum property standards as evaluated by a home appraiser. That means a sunroom addition without a permit or a water-damaged bathroom could trigger delays or cause a contract with a financed buyer to fall through. In contrast, Florida cash-for-homes companies generally purchase homes as-is and are usually going to be a lot more willing to accept issues, both large and small, with your home. This creates a clearer path to settlement and can be a huge relief if you don’t have the funds or time for repairs.
  • Less hassle. When you choose to sell your Florida home with a real estate agent, you’re expected to hide messy piles of flip-flops before showings and trim your overgrown bougainvillea. Selling to a cash buyer allows you to skip many of these stressful tasks related to prepping and repeatedly showing the home.
  • Reduced closing fees. In an agent-assisted sale, you’ll likely pay an agent commission amounting to 3% to 6% of the sale price and may be on the hook for additional concessions and closing costs. Selling to a cash buyer will likely eliminate at least some of these fees, if not all of them. The best companies that buy houses for cash in Florida and across the nation cover a seller’s closing costs in full as part of the deal.

That all may sound pretty great to you as a seller if you’re looking to move within weeks, rather than the months it might take you to list and sell your home on the market with an agent. However, there are downsides to working with Cash-For-Homes companies. Namely, they typically offer substantially below market value for your home.

Cons of We Buy Houses for Cash

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:

  • Lower offers. Most companies follow the 70% rule, meaning they’ll offer you 70% of your home’s after-repair value (or the value that your house could sell for on the market once it’s all fixed up) and then deduct repair costs. So, the price you get for your home may be appreciably lower than what you’d get on the market.
  • Inconsistent marketing knowledge. Not all cash homebuying companies are equal. Some are more localized, have specific neighborhood knowledge, and are able to leverage that expertise into more competitive offers. Others are less knowledgeable about the specifics of your community, which could result in 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.

Your home is more than a place where you make memories with family. It’s also likely your biggest asset. Sure, you want to sell quickly, but you could be leaving major money on the table if you don’t consider other avenues for a quick sale.

Always do your research, compare your options, and consult with a trusted advisor before accepting any offer.

Vet cash buyers and know your home’s worth

For many home sellers, We Buy Houses for Cash companies can be a solid solution to selling a property quickly or accessing cash for an expected life challenge. On the other hand, the “cash for your home” rehabbing business model has also led to what some housing advocates call predatory tactics.

The level of integrity and customer service you experience can vary, even within an established house-buying company that strives to maintain consistent business standards. This is because many We Buy Houses for Cash companies are franchises and often use independent investors or local wholesaling outfits. Your experience greatly depends on the character of the person or group making the offer.

If you are considering a cash offer, vet the company thoroughly. Check Florida cash home buyers reviews, read testimonials, and research its presence and performance in the market. And, of course, read the buying agreement carefully before signing.

Before committing to a We Buy Houses for Cash company, HomeLight suggests you consult with a top agent to get a better idea of what your home might be worth if sold on the open market. Then, compare cash offers to what a top agent might be able to get for your home.

HomeLight can connect you with a top-performing agent in Florida. You can also try our free Home Value Estimator right now to get an initial ballpark estimate in less than two minutes.

Other options to sell your Florida home quickly

Working with iBuyers

Within the cash-for-homes industry, you’ll encounter a particular group of companies known as iBuyers, or instant buyers.

iBuyer companies 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.

Instant buyers have only been around since the mid-2010s, but are now widely available across Florida. They offer all-cash and can close in a matter of days to a few weeks. 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.

However, one thing to note is that major iBuyers like Opendoor and Offerpad usually charge sizable fees for their services, usually around 5% to 6%.

Sellers who may be a good fit to work with an iBuyer in Florida include those who prefer to skip staging and showing their home, live in an area with somewhat similar housing, and have a home in relatively good shape.

Listing with an agent

We know, we know. You want to sell your house quickly, not in 101 days. But 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.

This is a big financial decision, so it may make sense to consult with a trusted real estate agent who can complete a comparative market analysis (CMA) to help you understand your home’s value and how quickly it’s likely to sell.

Your agent may even be able to connect you with cash buyers who are willing to offer closer to market value for your home.

Plus, a CMA is usually free, and you’re under no obligation to list with the agent, so this may be a good tool to explore your options. Even if you end up deciding to work with a Cash-For-Homes company, at least you’ll know you’re making a sound financial decision.

Feeling overwhelmed trying to find an agent? HomeLight would be happy to connect you with a top performer in your area today.

FAQs on Florida house-buying companies

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 101 days average; 60 to attract an offer, 41 to close the loan
Home preparations None Make necessary repairs, deep clean, declutter, landscape, stage home
Showings None required, although some companies will complete a walkthrough 10 to 25 showings average
Inspections / 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 commission

Example net proceeds

Let’s say you want to sell your home in Orlando. It is currently worth around $413,000 and needs about $15,000 in repairs. Once repairs are made, the home should be worth $428,000.

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 ($428,000 x .70) – $15,000 = $284,600 $413,000
Market preparations 0 $4,130 (1% of the sale price)
Agent commissions 0 $12,390 (3% of the sale price)
Closing costs 0 $6,195 (1.5% of the sale price)
Estimated take-home for seller $284,600 $390,285

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 timeline might not fit your immediate needs.

Key Takeaways

  • 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.
  • 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.
  • You could leave significant money on the table using a Cash-For-Homes company versus going with a top agent or iBuyer.
  • 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. Happy selling!

Editor’s note: This post is for educational purposes only. Links to and mentions of Florida ‘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)