We Buy Houses Gatlinburg, TN: Top 4 Companies
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Joseph Gordon EditorJoseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
Selling your home in the Volunteer State can feel overwhelming, especially if you’re facing a quick timeline and repairs aren’t in the budget. We Buy Houses Gatlinburg, TN companies offer a streamlined solution with cash offers for properties as-is, making them an appealing option for homeowners looking to sidestep costly fixes or prolonged listing times.
Working with a cash buyer means you could receive payment in a matter of days, allowing you to move forward with other life plans without the hassle of traditional home-selling steps. Whether you’re dealing with an unexpected life event or just want a fast, uncomplicated sale, a cash-for-homes company may offer the convenience you need.
In this post, we’ll break down the pros and cons of selling your Gatlinburg home for cash to help you make the best choice for your situation.
Sell Your House Fast in Gatlinburg With a Cash Offer
Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 7 days. No showings, no repairs, no open houses. Available to sellers throughout Gatlinburg, TN.
Working with house-buying companies in Gatlinburg
Cash home sales in Gatlinburg offer a faster, simpler way to move on from your property. Institutional investors handle everything from offer to closing with speed and efficiency. Here’s an overview of the process of selling your home for cash:
- Contact the company: Reach out to the house-buying company, often through a phone call or an online form, to start the process.
- Share details about your home: Provide basic information about your property, including its condition, location, and any repairs needed.
- Schedule a home evaluation: The company may send a representative to assess your home’s value and determine a fair cash offer.
- Receive an offer: After the evaluation, you’ll typically get a no-obligation cash offer to review.
- Accept the offer: If you’re satisfied, accept the offer and prepare for a fast close.
- Close the sale: Finalize the paperwork, and you’ll receive your payment, often within a week.
Popular We Buy Houses for Cash companies in Gatlinburg
If the process of selling to a house-buying company in Gatlinburg sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your or your parents’ property, whether that’s a ranch or a bungalow. By working with one of these companies, you should be able to sell your Gatlinburg home in as little as a week or two.
New Horizon Home Buyers
New Horizon Home Buyers offers a fast and stress-free way to sell a home. It purchases residential properties in any condition and works with sellers in all situations, whether facing financial challenges, relocating, or simply wanting a quick sale.
Homeowners receive personalized cash offers within 24 hours, with the flexibility to choose their closing date. By removing the need for repairs, showings, and lengthy listing periods, New Horizon Home Buyers streamlines the process and eliminates common hassles.
Locations: Throughout Tennessee, including Gatlinburg, and other states, such as Georgia, Florida, and Texas
Closing costs: Sellers pay no closing costs; New Horizon Home Buyers covers them.
Recognized for its integrity-driven approach, New Horizon Home Buyers has been accredited by the Better Business Bureau (BBB) since 2020 and currently holds an A+ rating. On Google, clients give the company an average score of 4.9 stars.
Past sellers often mention feeling treated like family throughout the process. They appreciate the combination of fairness, clear updates, and genuine care. The team’s professional, no-pressure approach leaves a lasting positive impression.
Website: newhorizonhomebuyers.com
Phone number: 423-509-8393
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Gatlinburg (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 Gatlinburg.
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 Gatlinburg
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 proudly maintains an A+ rating. The company has 4.8 stars on Google based on hundreds of user reviews.
Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks, and what he thought of the process overall.
Website: homelight.com/simple
Phone: 844-488-8455
Reliant Home Buyers of TN
Since 2003, Reliant Home Buyers of TN has been a trusted and experienced home-buying company, serving Knoxville and surrounding counties. It purchases homes in any condition, whether inherited, in need of repairs, or facing foreclosure, providing fair cash offers and a smooth selling process.
Sellers can receive a win-win proposal and rely on the team to manage all the details from start to finish. For added convenience, Reliant Home Buyers of TN allows sellers to remain in their homes for up to two months rent-free after the sale.
Locations: Primarily in Knoxville and surrounding areas, including Gatlinburg
Closing costs: Sellers pay no closing costs; Reliant Home Buyers of TN covers them.
Recognized as a company built on integrity, Reliant Home Buyers of TN has been BBB accredited since 2020 and currently holds an A+ rating. Its Google Business Profile reflects a perfect 5-star rating from satisfied customers.
Clients say the team delivers exactly what they promise, ensuring a smooth and stress-free process. They value the honest, fair offers and flexible approach, including extra time to remove belongings after closing. Many describe the experience as both personable and professional.
Website: relianthomebuyerstn.com
Phone number: 865-345-2440
Nexus Homebuyers
Known for reliability and fairness, Nexus Homebuyers specializes in purchasing houses in any condition. They provide homeowners with fast, no-obligation cash offers, often within 24 hours, and can close the sale in as little as 10 days. Their local expertise allows them to streamline the process, offering a hassle-free alternative to traditional listings.
Locations: Throughout Tennessee, including Gatlinburg
Closing costs: Sellers pay no closing costs; Nexus Homebuyers covers them.
Nexus Homebuyers has been BBB accredited since 2018 and now maintains an A+ rating. On Google, it received various positive customer feedback, earning a high 4.8-star rating.
Clients appreciate the team’s ability to make the process quick, straightforward, and stress-free. They highlight clear communication and a no-pressure approach as standout qualities. The professionalism and trustworthiness shown throughout left them confident in their decision.
Website: nexushomebuyers.com
Phone number: 865-999-0025
Why sell your Gatlinburg 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 Gatlinburg, selling a home on the open market using an agent takes around 122 days. That includes an average of 81 days on the market, from listing to signed contract, plus the typical 41 days a buyer needs to close on a purchase loan.
If you’re considering selling your Gatlinburg house for cash, there are several situations where a house-buying company can offer a simple, quick solution. When life circumstances or property issues demand a fast sale, opting for a cash offer can give you the flexibility and peace of mind you need.
- Job relocation: You need to move quickly for a job relocation, so you prefer a quick sale without the hassle of a traditional listing.
- Divorce settlement: You’re going through a divorce, and you want to split assets quickly.
- Unwanted inheritance: You’ve inherited a house and would like to sell it quickly rather than maintain or repair it.
- Downsizing transition: You’re ready to downsize and prefer a fast cash sale to avoid prolonged open houses or showings.
- Costly repairs: Your property is in poor condition and needs extensive repairs that you don’t have the time or money to complete.
- Open house inconvenience: You’re not comfortable with open houses and don’t want strangers walking through your home.
- Structural damage: Your home has significant foundation issues that make it hard to sell conventionally.
- Foreclosure risk: You’re behind on payments and need to sell fast to avoid foreclosure.
- Tenant complications: You’re dealing with difficult tenants or want to sell an occupied rental property.
- Remote home sale: You’re selling from out of state and need a reliable, no-fuss way to close the deal without the stress of traveling back and forth.
Pros and cons of house-buying companies in Gatlinburg
Before partnering with a house-buying company, it’s essential to understand both the benefits and potential drawbacks. While these companies can offer fast, hassle-free sales, they may not be the right fit for every situation. Knowing the pros and cons helps you make an informed decision that aligns with your financial goals and timeline.
A house-buying company facilitates the speed and ease that many homeowners need. From buying as-is to eliminating contingencies, these companies make the process smooth and reliable. Here are some top pros:
- Speedy closing: Cash buyers often close within a week, giving you quick access to your sale proceeds.
- As-is deal: There’s no need to worry about repairs, as they’ll take your property in any condition.
- No showings: Avoid open houses and showings, as these companies skip the usual sales process.
- Fewer contingencies: Cash offers are less likely to include contingencies, making the process smoother and more predictable.
While selling to a house-buying company has benefits, this route could mean less money in your pocket than a traditional sale. For some homeowners, this trade-off is manageable, but here’s a look at the possible downsides:
- Lower sale price: Cash offers typically come in lower than what you’d get with a real estate agent on the open market.
- Fewer offers: Once you’ve contacted a cash buyer, you may miss out on competing bids that could raise your price.
- Limited negotiation: Many cash buyers provide take-it-or-leave-it offers, leaving you with little room to negotiate terms.
- Risk of scams: Some entities may pose as cash buyers but actually operate house-buying scams, so it’s essential to vet buyers carefully.
Curious What Your Home Is Worth?
Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.
Vet cash buyers and know your home’s worth
When you decide to sell your home to a house-buying company, know that your experience can vary based on the company’s integrity and reputation. Here are some quick tips to help ensure a positive experience:
- Verify licenses and credentials: Confirm the company’s credentials with local or state business bureaus.
- Research the company’s background: Investigate its presence in the market to confirm it’s an established and trustworthy buyer.
- Check reviews and testimonials: Look at online reviews and past client testimonials to see if others had a smooth experience with the company.
- Read the agreement thoroughly: Review the buying agreement carefully, noting any specific terms or conditions, to avoid surprises.
- Assess the offer against market value: Know your home’s worth by checking comparable sales in your area.
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 Gatlinburg. 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 Gatlinburg home quickly
If you’re looking for a fast home sale, there are options beyond house-buying companies. Here’s a look at iBuyers and listing with an agent:
- Working with iBuyers: Using automated valuation models, iBuyers like Opendoor and Offerpad make near-instant, all-cash offers that are often close to market value for homes in good condition. Their process is fast, typically closing within days or up to two weeks. However, major iBuyer companies charge service fees ranging from 5% to 6% of the home’s sale price.
- Listing with an agent: In a strong market, a top agent can sell your home quickly, potentially for more than a house-buying company would offer. Agents provide insights through a comparative market analysis (CMA), often for free, which can guide your pricing strategy and increase the likelihood of a fast sale. HomeLight can connect you with a top agent who may even know cash buyers ready to make competitive offers.
FAQs on Gatlinburg house-buying companies
By and large, most We Buy Houses for Cash companies in Gatlinburg 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 Gatlinburg We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value minus their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your Gatlinburg Ranch could sell for $540,000 after repairs, but it will need $30,000 of work to get there.
($540,000 x .70) – $30,000 = $348,000
In this example, a Gatlinburg We Buy Houses company might offer you around $348,000 for your home. However, different types of house-buying companies will offer varying amounts for homes.
As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because 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 Gatlinburg 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 Gatlinburg 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 Gatlinburg vs. top Gatlinburg 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 Gatlinburg | Sell with a top Realtor in Gatlinburg |
| Selling timeline | 7 to 30 days | 122 days average; 81 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 / 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 Gatlinburg is worth about $510,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $540,000.
| Sell to a We Buy Houses for Cash company in Gatlinburg | Sell with a top Realtor in Gatlinburg | |
| Estimated sale price | ($540,000 x .70) – $30,000 = $348,000 | $510,000 |
| Market preparations | 0 | $5,100 (1% of the sale price) |
| Agent commissions | 0 | $15,300 (3% of the sale price) |
| Closing costs | 0 | $7,650 (1.5% of the sale price) |
| Estimated take-home for seller | $348,000 | $481,950 |
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 closing: Cash-for-homes companies can typically close within days, providing a quick solution if you need to sell fast.
- No repairs needed: You can sell your house in any condition, bypassing the expense and effort of repairs.
- Below-market-value offers: While convenient, cash offers are generally lower than what you’d receive on the open market.
- Limited negotiation: Cash-buying companies typically provide take-it-or-leave-it offers, leaving little room for price adjustments.
- Due diligence: Vetting companies and comparing offers helps ensure you get a fair deal.
- 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 Gatlinburg agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Gatlinburg 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: (Joshua Teichroew/ Pexels)
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.
