We Buy Houses Hawaii: Top 5 Companies
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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.
If you have a home in the Aloha State that you need to sell quickly, you might want to consider a “We Buy Houses” Hawaii company. These firms make instant cash offers and purchase homes regardless of their condition, typically in only a few days.
For a homeowner facing the threat of foreclosure, a sudden inheritance, or the need to relocate for a new job, a fast cash sale can help relieve a massive burden.
In this post, we’ll explore the pros and cons of selling to a cash-for-homes company in Hawaii, show you how the process works, and provide you with some alternatives.
Working with house-buying companies in Hawaii
If you need a fast home sale in Hawaii, working with a house-buying company can provide a straightforward solution. Here’s an overview of the process of selling your house to a cash-for-homes company:
- Contact the company: Find a reputable house-buying company in Hawaii and provide them with information about your property.
- Schedule a visit: Set up a time for the company to visit your home and assess its condition. This is usually a quick and simple process.
- Receive an offer: After the assessment, the company will present you with a no-obligation, all-cash offer for your home.
- Accept the offer: If you are satisfied with the offer, you can accept it and move forward with the sale.
- Sign the paperwork: The company will handle most of the paperwork, making the process smooth and hassle-free for you.
- Close the sale: Once everything is in order, you’ll close the sale and receive your cash, typically within a few days.
Popular We Buy Houses for Cash companies in Hawaii
If the process of selling to a house-buying company in Hawaii 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 plantation, mid-century, territorial, or contemporary. By working with one of these companies, you should be able to sell your Hawaii home in as little as a week or two.
We Buy Houses Hawaii
We Buy Houses Hawaii is a locally based home-buying company that understands the unique needs of island homeowners. It values the community and takes pride in offering personalized support rather than a one-size-fits-all approach. With deep local roots and strong relationships, they’re equipped to handle complex property situations quickly and respectfully.
The company’s focus is always on helping people first, not just closing deals. Homeowners can expect a no-pressure offer within 24 hours and the flexibility to choose their preferred closing date.
Locations: Throughout Hawaii, including Honolulu, Pearl City, Kailua, and Kaneohe
Closing costs: Sellers pay no closing costs; We Buy Houses Hawaii covers them.
Trusted for consistently ethical performance, We Buy Houses Hawaii has been accredited by the Better Business Bureau (BBB) since 2021 and holds an A+ rating. Given the positive customer testimonials the company received, it has earned a perfect 5-star rating on Google.
Clients commend We Buy Houses Hawaii for offering real property solutions during tough situations. Many have found the selling process to be fast, smooth, and surprisingly stress-free. The team is known for stepping in when things feel overwhelming and helping people move forward with confidence.
Website: webuyhouseshawaii.com
Phone number: 808-862-6692
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Hawaii (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.
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 Hawaii.
With this platform, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 10 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Hawaii
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 received BBB accreditation in 2019 and has earned an esteemed 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
Oahu Home Buyers
Oahu Home Buyers offers a fast and reliable way to sell your house anywhere in Hawaii. As a local company, they understand the challenges homeowners face, whether it’s financial pressure, unexpected repairs, or the need to move quickly.
The team is focused on making the process easy, with no listings, no showings, and no stress. Sellers receive a cash offer within 24 hours and have the freedom to pick a closing date that fits their schedule.
Locations: Throughout Hawaii, including Honolulu, Kailua, Wailuku, and Pearl City
Closing costs: Sellers pay no closing costs; Oahu Home Buyers cover them.
Although not BBB accredited, Oahu Home Buyers has earned a high A+ rating from the bureau. Its Google Business Profile holds a perfect 5-star rating, with many sellers raving about their experience working with the team.
Clients describe a hassle-free experience selling a home quickly. The communication is clear, questions get answered fast, and the process is smooth from start to finish.
Website: oahuhomebuyers.com
Phone number: 808-333-3677
We Buy Your House Hawaii
Hawaii Property Buyer is a locally based home-buying company committed to helping homeowners across Hawaii navigate the challenges of selling their property quickly. Recognizing that each family’s circumstances are unique, they offer tailored solutions designed to meet individual needs with care and understanding.
The firm facilitates a fast, hassle-free process by presenting fair cash offers within 24 hours. It provides flexibility by allowing clients to select their preferred closing date.
Locations: Throughout Hawaii, including Honolulu, Pearl City, Waikele, Makakilo, Waimanalo, and Maui
Closing costs: Sellers pay no closing costs; Hawaii Property Buyer covers them.
With several positive customer reviews, Hawaii Property Buyer earned a 5-star rating on Google. Clients commend the team’s excellent support throughout the transaction. Their real estate expertise ensures clients feel well cared for every step of the way. Many praised the staff’s professionalism and confidently recommend their services to anyone who wants to sell their home quickly.
Website: webuyyourhousehawaii.com
Phone number: 808-515-8355
Maui Home Buyers
Maui Home Buyers is a trusted house-buying company committed to providing homeowners with fast, fair, all-cash offers within 24 hours of submitting a simple property information form. It offers flexible closing dates, allowing sellers to choose the timeline that best suits their needs.
Regardless of the property’s condition, Maui Home Buyers manages all challenges, making the selling process hassle-free. For those needing a swift sale, the company can close in as little as 10 days, delivering cash quickly and efficiently.
Locations: Maui and surrounding areas
Closing costs: Sellers pay no closing costs; Maui Home Buyers covers them.
Thanks to its dedication to attentive customer service, Maui Home Buyers earned an impressive 5-star Google rating. Clients appreciate the team’s friendly and helpful approach, highlighting clear communication from beginning to end.
Many describe the experience as smooth and stress-free, feeling well-supported throughout the process. The team’s dedication and responsiveness have left a strong positive impression, making them a recommended choice for anyone looking to sell their home with confidence.
Website: mauihomebuyers.com
Phone number: 808-359-3121
Why sell your Hawaii house for cash?
If you’ve ever sold your home via the traditional real estate market, you know the process can often take months, and a sale is not guaranteed. When selling your Hawaii home to a We Buy Houses company, however, you’re looking at a guaranteed sale in only a matter of days.
In Hawaii, selling a home on the open market using an agent typically takes around 102 days. That includes an average of 62 days on the market, from listing to signed contract, plus the typical 40 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 Hawaii, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top-dollar for the homes they purchase.
Here are a few situations where selling your home for cash might make sense:
- Job relocation: You need to relocate immediately for a new job opportunity and don’t have time to wait for a traditional sale.
- Divorce settlement: You want to quickly and cleanly divide your marital assets, including your home, during a divorce.
- Unwanted inheritance: You’ve inherited a house that you don’t want to keep and prefer to sell it quickly for cash.
- Downsizing transition: You’re looking to move to a smaller home and want to sell your current property quickly and hassle-free.
- Extensive repairs: Your home is in poor condition and needs significant repairs that you can’t afford or don’t want to handle before selling.
- Open house stress: You want to sell your home without the inconvenience and intrusion of open houses and multiple showings.
- Foundation issues: Your home has foundation problems or other major structural issues that might deter traditional buyers.
- Foreclosure solution: You need to sell your home quickly to avoid foreclosure and settle your debts with the lender.
- Problem tenants: You’re a landlord with difficult tenants and want to sell your rental property without dealing with eviction.
- Remote home sale: You live out of state and need to sell your property in Hawaii quickly without the hassle of flying back and forth.
Pros and cons of house-buying companies in Hawaii
When considering selling to a house-buying company in Hawaii, it’s important to weigh the benefits and drawbacks. In terms of advantages, selling to a house-buying company in Hawaii offers speed and convenience. These companies buy your house in any condition, meaning you don’t need to make repairs or preparations. Here’s an overview of the pros of working with a house-buying company:
Pros:
- Quick sale: House-buying companies often close deals within days, providing a fast solution for urgent situations.
- As-is condition: They purchase homes as-is, saving you the time and money needed for repairs or upgrades.
- No showings: You can avoid the hassle of staging your home and hosting multiple showings.
- Guaranteed sale: With no contingencies, you can be sure the sale will go through without unexpected delays or cancellations.
While house-buying companies offer convenience, they usually offer below market value for your home compared to selling on the market with an experienced real estate agent. Here are some drawbacks you need to know before partnering with a house-buying company:
Cons:
- Lower offers: Expect to receive offers that are significantly less than what you might get through a traditional sale.
- Scam risks: Be cautious of house-buying scams and fraudulent companies that might take advantage of your situation.
- Limited negotiation: House-buying companies typically present a take-it-or-leave-it offer, leaving little room for price negotiations.
- Profit loss: By not selling on the open market, you may miss out on maximizing your home’s value.
Vet cash buyers and know your home’s worth
When working with a We Buy Houses for Cash company in Hawaii, the level of integrity and service you experience can vary widely. Here are some key steps to ensure you make an informed decision:
- Check reviews: Look up online reviews and testimonials from previous clients to gauge the company’s reputation. Personal experiences from other sellers can offer valuable insights into what you can expect.
- Research the company: Investigate the company’s presence and performance in the market. A well-established company is more likely to provide reliable service.
- Verify credentials: Ensure the company is legitimate by checking for necessary licenses and accreditations.
- Read the buying agreement: Before signing, carefully review the purchase agreement to understand all terms and conditions.
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 your market. You can also try our Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Hawaii home quickly
Working with iBuyers
Instant buyers, or iBuyers, like Opendoor and Offerpad, use automated valuation models to provide quick, all-cash offers for homes in good condition. The process is mostly online and can close in a few days to two weeks. However, these iBuyer companies often charge service fees of 5% to 6% of the home’s sale price and are best for homes in areas with homogeneous housing.
Listing with an agent
While it might take longer, listing with a top real estate agent can result in a higher selling price, especially in a seller-friendly market. Agents provide valuable insights through a comparative market analysis (CMA), often for free.
An experienced agent might even connect you with buyers offering cash closer to your home’s market value. If you decide this option is right for you, HomeLight can connect you with top-performing agents in your area.
FAQs on Hawaii house-buying companies
By and large, most We Buy Houses for Cash companies in Hawaii 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 you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the BBB website. Watch for anything that just doesn’t seem right.
Most Hawaii 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) 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 Hawaii Plantation could sell for $810,000 after repairs, but it will need $40,000 of work to get there.
($810,000 x .70) – $40,000 = $527,000
In this example, a Hawaii We Buy Houses company might offer you around $527,000 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 Hawaii We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. Conversely, 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 Hawaii area. Our list above is a good place to start.
- Submit offer requests to a few 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 Hawaii vs. top Hawaii 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 Hawaii | Sell with a top Realtor in Hawaii |
Selling timeline | 7 to 30 days | 102 days average; 62 to attract an offer, 40 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 Hawaii is worth about $770,000 and needs about $40,000 in repairs. Once the repairs are completed, the home might be worth around $810,000.
Sell to a We Buy Houses for Cash company in Hawaii | Sell with a top Realtor in Hawaii | |
Estimated sale price | ($810,000 x .70) – $40,000 = $527,000 | $770,000 |
Market preparations | 0 | $7,700 (1% of the sale price) |
Agent commissions | 0 | $23,100 (3% of the sale price) |
Closing costs | 0 | $11,550 (1.5% of the sale price) |
Estimated take-home for seller | $527,000 | $727,650 |
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
- Speedy transaction: Cash-for-homes companies offer quick sales without the need for repairs or preparations.
- Lower offers: Expect offers that are below market value compared to traditional sales.
- As-is convenience: You can sell your home as-is without investing in costly repairs.
- Simple process: The selling process is straightforward, with minimal paperwork and quick closings.
- Due diligence: Be cautious of fraudulent companies and thoroughly vet potential buyers.
- No negotiations: Most offers are take-it-or-leave-it, with little room for price adjustments.
- Alternative options: Consider working with iBuyers and listing with an agent for potentially higher offers and a broader market reach.
- Home value: Know your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to help you navigate 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-performing agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Hawaii 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: (EpicStockMedia / Deposit Photos)