6 Top We Buy Houses for Cash Companies in Dallas
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- 15 min read
- Meaghan Hunt, Contributing AuthorCloseMeaghan Hunt Contributing Author
Meaghan Hunt is a writer and editor based in Oklahoma City. She has over a decade of experience writing and editing for the web, magazines, and print publications, and has spent the last several years focused on personal finance topics including real estate. She is a contributing writer for HerMoney Media. Hunt holds an MLIS degree and believes in empowering homebuyers and sellers by connecting them with accessible, digestible, and authoritative information.
- Richard Haddad, Executive EditorCloseRichard Haddad Executive Editor
Richard Haddad is the executive editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
“We Buy Houses” Dallas companies make all-cash offers for homes that often need some work. This enables sellers who lack the time, expertise, and money for repairs to move quickly and receive the proceeds from the home sale sooner if they need it.
Since these companies buy houses as-is, you can skip the hassle of making repairs, listing the property, or waiting on bank approvals. It’s a faster, simpler way to sell, an ideal solution when you’re dealing with a tight timeline or just want to move on quickly.
If you need to sell your Dallas home quickly, a top We Buy Houses for Cash company could be the best option. However, before you request a cash offer, it’s important to understand how much a house-buying company might offer for your home and consider your options. Once you’re familiar with the process, you can choose a company from our list of top contenders and get started.
Working with house-buying companies in Dallas
We Buy Houses companies in Dallas typically promise to give home sellers quick, convenient all-cash offers and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. These house-buying companies have polished their processes to help sellers who need to move ASAP and tend to target distressed homes in need of repairs.
Here’s how the process of selling your house for cash works:
- You request an all-cash offer. The company will ask you to provide information about your house and property. Some We Buy Houses groups will make a preliminary offer shortly after you submit the request. However, the initial offer is typically subject to change after they have inspected your home.
- The company performs a walk-through. This on-site property visit typically takes 24 to 48 hours, but the timeframe may vary depending on the company and market.
- You receive a firm offer. The house-buying firm will present an official cash offer within 24 to 48 hours of the on-site visit, or at the end of the walk-through. At this point, you can accept or decline the offer. The majority of house-buying companies do not negotiate. They usually present a take-it-or-leave-it offer.
- If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin. Some house-buying companies initially provide a large deposit or funds to assist the seller with moving costs. Others pay for the property upfront.
- Close the sale and get paid quickly. We Buy Houses companies typically can close your home sale 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 Dallas
If the process of selling to a house-buying company in Dallas 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 parent’s Tudor revival or ranch-style home. By working with one of these companies, you should be able to sell your Dallas home in as little as a week or two.
Myers Home Buyers
Established to offer homeowners an alternative to traditional selling methods, Myers Home Buyers has grown from a small team to a robust company helping thousands sell distressed homes across two states, Texas and Florida. It accommodates different types of homes, regardless of the condition, and aims to present the best offer, allowing homeowners to keep more of their home equity.
The team schedules a one-hour walkthrough to view the property, then moves straight to presenting offers. It can close deals in as little as 7 days.
Locations: Dallas and other key areas, such as Fort Worth and Houston
Closing costs: Sellers pay no closing costs; Myers Home Buyers covers them.
Earning over a hundred reviews on Google with an average rating of 4.6 stars, the company consistently receives praise for its responsiveness and deep knowledge of sales under varying conditions. Many reviewers mention how pleased they are with the team, noting the staff’s willingness to answer in-depth questions with respect and professionalism. While Myers Home Buyers isn’t accredited by the Better Business Bureau (BBB), it earned a high A+ grade from the bureau.
Website: myershomebuyers.com
Phone: 844-718-5832
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Dallas and across the country can request a cash offer for their home. It features a vast network of cash buyers, and partner investors have a 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 locations throughout Dallas. With the platform, you can get an all-cash offer within 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 Dallas
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. Given its strong focus on excellent customer service, the firm has been BBB accredited since 2019 and currently holds an A+ rating.
Based on hundreds of reviews, the company has 4.8 stars on Google. 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
We Buy Ugly Houses® / HomeVestors®
We Buy Ugly Houses is a subsidiary of the parent company HomeVestors®, which was founded in 1996. HomeVestors began franchising that same year, establishing itself as one of the more longstanding house-buying companies in a competitive market.
The company’s independently owned and operated offices have collectively purchased more than 150,000 houses since inception. We Buy Ugly Houses makes clear and firm cash offers. It carefully assesses properties before proposing an offer, closes in as little as three weeks, and ensures sellers won’t have to worry about real estate commissions or other fees.
Locations: Nationwide, including the Dallas-Fort Worth metroplex
Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them.
Since 2016, We Buy Ugly Houses has been accredited by the BBB and now maintains an A+ rating. With multiple partner offices in Dallas proper, the well-known company garners reliably positive reviews on Google and holds a 3.4-star rating.
Customers appreciate the staff’s professional, compassionate approach to processing cash sale transactions. They noted that the company representatives they worked with exceeded their expectations in terms of delivering a swift, positive customer service experience.
Website: webuyuglyhouses.com/dallas
Phone: 866-200-6475
Cash House Buyers DFW
Cash House Buyers DFW offers homeowners a quick and fair cash solution to sell their properties. Simply complete the form, and receive an immediate offer for your home within 24 hours. The team purchases houses in as-is condition, eliminating the need for repairs or cleaning.
Sellers avoid realtor commissions and closing costs, making the process more affordable. Whether you’re facing financial challenges or simply want a hassle-free sale, they provide a straightforward option to sell your house for any reason. Cash House Buyers DFW aligns the closing timeline with sellers’ schedules.
Locations: Dallas-Fort Worth area
Closing costs: Sellers pay no closing costs; Cash House Buyers DFW covers them.
Praised for responsible and ethical operations, Cash House Buyers DFW has been BBB accredited since 2019 and now maintains an A+ rating. Its Google Business Profile reflects a high customer rating of 5 stars.
Clients say Cash House Buyers DFW offers a smooth and stress-free selling experience, marked by fairness, honesty, and excellent communication. The team is known for being kind, patient, and never pushy, which helps sellers feel comfortable throughout the process. Many highlight how quickly everything moved, with no surprises and a clear, straightforward path from offer to closing.
Website: cashhousebuyersdfw.com
Phone: 214-272-2177
House Heroes
House Heroes, a direct homebuyer based in Florida with operations in Dallas, offers a fast and simplified alternative to the conventional home-selling process. By working directly with their local team, sellers can avoid repairs, agent commissions, and extended time on the market.
The company delivers cash offers within 24 hours and allows homeowners to choose the closing date that best suits their needs. Focused on efficiency and ease, House Heroes provides a convenient solution for those looking to sell quickly.
Locations: Dallas and the state of Florida
Closing costs: Sellers pay no closing costs; House Heroes covers them.
House Heroes has been accredited by the BBB since 2017, where it retains an A+ rating. It earned a high rating of 4.5 stars on the bureau’s platform, as many clients noted how dependable the team is, staying committed, even when challenges arise.
The team is praised for being professional, knowledgeable, and easy to work with throughout the transaction. Many appreciate the consistent support and effort, especially during difficult situations, and highlight how the process is handled with care, making them a highly recommended choice.
Website: househeroes.com
Phone: 954-676-1846
Newbyginnings (JMB Newbyginnings)
Newbyginnings purchases residential properties in any condition, providing personalized solutions for homeowners who need a quick and hassle-free sale. The process begins with an initial consultation to understand the seller’s goals before arranging an in-person property assessment. This allows the team to craft an offer within 24 hours, which reflects the seller’s unique circumstances.
The company can close deals in as little as seven days. With a focus on speed, clarity, and flexibility, Newbyginnings offers a practical alternative to traditional home sales.
Locations: Offices in Sachse, Texas, serving the Dallas area market
Closing costs: Sellers pay no closing costs; Newbyginnings covers them.
Newbyginnings has been BBB accredited since 2018, and holds an A+ rating with the bureau. Customers writing on the BBB website commend the company for closing transactions quickly, especially under pressure, and remaining committed to its word.
On Google, Newbyginnings has a high 4.9-star rating, with sellers consistently praising how trustworthy and honest the staff is. Those who bought homes also contribute positive reviews, noting that the company does upstanding, high-quality work on flipped properties.
Website: newbyginnings.com
Phone: 469-336-6862
Why sell for cash in Dallas?
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 Dallas, selling a home on the open market using an agent takes around 89 days. That includes an average of around 47 days on market, from listing to signed contract, plus the typical 42 days a buyer needs to close on a purchase loan.
Compare that to the usual seven to 10 days promised by many house-buying companies in Dallas, 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.
These companies are becoming increasingly popular, especially among sellers who don’t have the time to spend weeks or months preparing, marketing, and closing on a traditional home sale. Let’s explore some of the most common reasons Dallas sellers choose a top We Buy Houses for Cash company over the traditional listing process.
- 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 assets and move on with your life.
- Inherited property: You’ve inherited a house and prefer a quick sale to 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.
- Extensive repairs: Your home requires significant repairs that you can’t afford or don’t want to manage.
- Structural damage: Your home has foundation problems, making it less attractive to traditional buyers.
- Open house reluctance: You prefer to avoid the stress and inconvenience of multiple showings and open houses.
- 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 a quick sale of your rental property.
- Out-of-state sale: You own a property in Dallas but live elsewhere and want the ease of a fast sale out of state without the hassle of traveling back and forth.
If you are a homeowner facing any of these circumstances, requesting a cash offer from a We Buy Houses company might be a good option to consider. However, it’s prudent to think of this as a starting point in your search for solutions. You won’t know if it’s your best move until you know more about other options available to you, which we’ll help you review in a minute.
Pros and cons of house-buying companies in Dallas
Working with We Buy Houses for Cash companies in Dallas provides speed and convenience, though sellers often face the challenge of accepting offers that tend to be lower than market value.
In this next section, we’ll walk you through some of the pros and cons of using a We Buy Houses company so you can better consider your options.
Pros of We Buy Houses for Cash in Dallas
One of the biggest advantages of working with We Buy Houses for Cash companies in Dallas is that you can sell your home as-is with no repairs required because 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.
Pros to We Buy Houses for Cash in Dallas
Here are some other pros to consider:
- Speedy transaction: You typically can sell your house in as few as seven to 10 days.
- More certainty: With a pre-offer walk-through, a house-buying company can provide a firm cash offer that comes with few contingencies, or no contingencies at all. We Buy Houses companies have refined their transaction methods in such a way that they can clear away many traditional roadblocks so sellers can plan with more confidence.
- No repairs: If your home is in need of repairs you can’t afford, you can skip them altogether. Or, if you don’t have the desire or time to tackle repairs, a We Buy Houses company can be a fitting solution to sell a home in poor condition.
- Less hassle: You won’t need to worry about showings, open houses, multiple offers, negotiations, low appraisals, or the risk of the buyer’s financing falling through. When you work with a reputable We Buy Houses for Cash company in Dallas, you’re likely going to experience a smooth journey from offer to close.
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 to We Buy Houses in Dallas
When considering an offer from a We Buy Houses site, 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.
Cons to We Buy Houses in Dallas
Here are some potential downsides to consider:
- Lower-priced offers: Most companies follow the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV), the amount it could sell for on the market once fully fixed up, and deduct the repair costs. As a result, the cash offer you receive may be significantly lower than what you could get for your home on the market.
- Inconsistent market knowledge: There can be a vast difference in a house-buying company’s knowledge of a market. One may have localized information, such as specific neighborhood data, which enables the company to leverage that knowledge into more competitive cash offers. A company without this expertise may give you a lowball offer.
- Pressure tactics: Some We Buy Houses for Cash companies take advantage of homeowners’ urgency by applying aggressive coercion to accept low offers quickly. If you feel pressured to make a fast decision, it’s important to step back and reassess your options. Many reputable companies in Dallas offer fair solutions without high-pressure tactics.
- Scam risks: As in any industry, there is a risk of encountering untrustworthy companies. Some cash-offer businesses deliberately make low offers to desperate homeowners and may even resort to scams, although such cases are rare. Always research the company thoroughly before proceeding.
Your home is more than a place where you make memories with family, as 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 choose to work with one of these We Buy Houses for Cash companies.
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 get a property sold quickly or to access 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 say are 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 reviews, read testimonials, and research its presence and performance in the market. And, of course, read the buying agreement carefully before signing.
Get a home value estimate
Before committing to a We Buy Houses for Cash company, 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 your market. You can also use our free Home Value Estimator right now to get an initial estimate in less than two minutes.
Other options to sell your home quickly
Working with iBuyers
Within the cash-for-homes industry, you’ll encounter instant buyers or iBuyers, companies that use automated valuation models (AVMs) to quickly estimate home values and make near-instant offers. This technology enables a mostly online, user-friendly home sale experience that can close in days to a few weeks. Unlike typical cash buyers, iBuyers usually target homes in good condition and offer prices closer to market value, often around 90%.
Major iBuyer companies like Opendoor and Offerpad charge service fees ranging from 5% to 6% of the sale price. Sellers who benefit most are those who want to skip staging and showings, live in neighborhoods with similar homes, and have a property in relatively good shape.
Listing with an agent
If your home is in a seller-friendly housing market, listing your property with a top real estate agent can result in a fast sale, especially if the house is strategically priced and superbly marketed. Aside from the quick sale, these are some of the benefits you get when you sell with a realtor:
Secure a higher sales price: Selling on the market typically yields the highest selling price, even more so if you partner with a proven professional. HomeLight’s internal real estate transaction data shows that the top 5% of agents sell homes for up to 10% more than average agents.
Get reliable pricing insights: Another significant benefit of consulting with a trusted agent is the insight they can provide through a comparative market analysis (CMA). This market report calculates the value of a home by evaluating its size, features, location, age, and other details concerning similar properties that have recently sold in the area.
A CMA can help you determine an appropriate listing price, which can help estimate how quickly it might sell. Many agents will provide a free CMA, with no obligation to list your home with them.
Tap the vast buyer network: An experienced agent who knows your market may even be able to connect you with cash buyers who are willing to pay closer to your home’s market value.
If you are interested in exploring the agent option, HomeLight can connect you with a top-performing real estate agent in your area today.
FAQs on Dallas house-buying companies
By and large, most We Buy Houses for Cash companies 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 legitimate.
That said, as with any financial transaction, it’s a good idea to be on 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 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 Dallas Craftsman could sell for $440,000 after repairs, but it’s going to need $30,000 of work to get there.
($440,000 x .70) – $30,000 = $278,000
In this example, a Dallas We Buy Houses company might offer you about $278,000 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 these firms 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 We Buy Houses for Cash company, you’re likely facing a double-edged sword. On one hand, you won’t have to spend additional money, as these companies typically make an offer and take care of almost everything after that. On the other hand, you’ll probably receive 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 is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to ask the company if any hidden program fees might affect your bottom line.
- Research and vet the house-buying companies that serve your 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. Consider 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 Dallas vs. top Dallas 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 Dallas | Sell with a top Realtor® in Dallas |
Selling timeline | 7 to 30 days | 89 days average; 47 to attract an offer, 42 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 put together one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and with a real estate agent.
Let’s say your ranch home in Dallas is currently worth about $410,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $440,000.
Sell to a We Buy Houses for Cash company in Dallas | Sell with a top Realtor in Dallas | |
Estimated sale price | ($440,000 x .70) – $30,000 = $278,000 | $410,000 |
Market preparations | 0 | $4,100 (1% of the sale price) |
Agent commissions | 0 | $12,300 (3% of the sale price) |
Closing costs | 0 | $6,150 (1.5% of the sale price) |
Estimated take-home for seller | $278,000 | $387,450 |
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 transaction: We Buy Houses for Cash companies in Dallas help sellers conveniently sell their homes in as few as seven days with no repairs, open houses, or showings.
- Due diligence: There are several reputable cash-for-homes companies serving Dallas, but it’s important to vet each potential partner thoroughly to ensure working with a legitimate firm.
- Quick sale alternatives: Using a We Buy Houses company could mean leaving a significant amount of money on the table compared to an agent-assisted or iBuyer sale.
- Legitimate cash buyers: HomeLight’s Simple Sale platform provides no-obligation all-cash offers for homes in almost any condition in Dallas. Because the platform has partner investors with different buying parameters across the region, 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 Dallas sellers in need of a quick home sale, but it’s important to consider both the benefits and drawbacks. When it comes to selling your home, it’s wise to avoid making any hasty decisions.
Before making a commitment to a cash-for-homes company, gather multiple offers and take the time to consider your options. Consider consulting with a top agent for expert insights on how soon and for how much your property might sell on the market. Whatever you decide, HomeLight would be happy to help with your real estate needs.
Editor’s note: This post is for educational purposes only. Links to and mentions of Dallas 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.
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