We Buy Houses Mary Esther: 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.
If you’re in the process of selling your Mary Esther home, you’ve probably seen your fair share of advertisements with these words and wondered if it was the right fit for you. If you need to sell your home quickly, a We Buy Houses company can be invaluable, particularly if time is a factor (due to, perhaps, a foreclosure or an unwanted inheritance).
These companies generate revenue by purchasing homes for cash, typically within a few days, with minimal concern for the property’s condition. This means money in your pocket faster, without any of the hassles of the traditional real estate market.
This article will break down the pros and cons of selling Mary Esther home for cash, and explain how the process works. We will also provide you with a list of local We Buy Houses companies, as well as some other alternatives to help you sell your home quickly and easily.
Sell Your House Fast in Mary Esther 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 10 days. No showings, no repairs, no open houses. Available to sellers throughout Mary Esther.
Working with house-buying companies in Mary Esther
Selling your home for cash isn’t complicated, but there are a few steps you need to know before getting started. First, you’ll contact a We Buy Houses company and share some basic information about your Mary Esther property. They’ll inspect the home and give you a no-obligation cash offer. If you like the offer, it’s easy to accept. You’ll simply sign the purchase contract and close quickly, usually in a week or two, sometimes faster.
Pros and cons of house-buying companies in Mary Esther
Pros of selling to a house-buying company in Mary Esther
- Closings are quick: Most house-buying companies will purchase your home sale within a week, sometimes faster. By contrast, selling through a Mary Esther real estate agent may take approximately 99 days (the average loan closing time plus the average days on market (58) in Mary Esther).
- No preparation needed: Repairs, updates, staging, and cleaning are unnecessary. These buyers accept homes as-is.
- No delays due to financing: Cash sales eliminate the chance of deals collapsing due to loan contingencies or financing approvals.
- Minimal involvement: You won’t have to host showings, open houses, or deal with extensive negotiations. Sell your home and move on.
Cons of selling to a house-buying company in Mary Esther
- Offers are lower: Selling to a house-buying company generally means accepting an offer below market value, so you might earn less than you would through a traditional agent. This is largely due to the 70% rule commonly used by these companies, which means they typically offer around 70% of your home’s estimated after-repair value (ARV), minus repair costs.
- Example: Suppose your Mary Esther home is valued at $324,000 but requires $30,000 in repairs. The possible offer might be: ($324,000 × 0.70) – $30,000 = $196,800.
- In this scenario, the cash buyer may propose about $196,800 for your house.
- You can’t negotiate a better deal: Most house-buying firms submit take-it-or-leave-it offers with limited possibilities for price negotiation.
- Some cash buyers are not legit: Not all cash buyers are on the level. Some are scams preying on desperate sellers with unfair terms or concealed charges.
- Fewer seller safeguards: Compared to conventional real estate transactions, cash offers tend to favor the buyer.
It’s worth noting that a leading Mary Esther real estate agent might be able to get you a higher return for your property than a cash offer.
For instance, once typical selling expenses like closing fees, agent commissions, and market preparations are subtracted, an agent might help you net $306,180 or more, which is significantly more than a cash offer.
Curious What Your Home Is Worth?
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Your situation matters
It’s important to keep your situation in mind. At HomeLight, we suggest consulting with a knowledgeable local real estate agent before pursuing a cash offer. They can provide an accurate market value estimate of your home and help you compare it with any cash offers you receive. If you’d like assistance, HomeLight can connect you with a top-rated agent in the Mary Esther region today!
Looking for a quick estimate? Use HomeLight’s Home Value Estimator to receive an approximate value of your home within two minutes.
Popular We Buy Houses for Cash companies in Mary Esther
If selling to a property-buying company in Mary Esther seems like the best fit, the next step is to identify a trustworthy buyer.
A quick online search for “We Buy Houses Mary Esther” will reveal multiple companies that offer quick closings and cash offers.
Below, we’ve compiled a list of cash buyers who purchase homes fast, be it a Colonial Revival or your parents’ traditional two-story property. Partnering with one of these buyers could help you close within one or two weeks.
We Buy Houses
Founded in 1997, WeBuyHouses.com operates in over 200 markets across 30 states, purchasing residential properties in any condition. The company assists homeowners in handling financial challenges such as mortgage delinquency or foreclosure, among other issues. Offers usually come within 24 to 48 hours.
Locations: Nationwide, including Mary Esther
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.
While WeBuyHouses.com is not accredited by the Better Business Bureau (BBB), it currently holds an A+ rating from the BBB. Its Google Business Profile holds a 3.7-star rating.
Website: webuyhouses.com
Phone number: 850-929-5255
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Mary Esther (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network 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 neighborhoods throughout Mary Esther.
With Simple Sale, 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 Mary Esther
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB-accredited with 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.
Learn more: homelight.com/simple
Phone: 844-488-8455
FL Cash Home Buyers
FL Cash Home Buyers has completed over 800 real estate transactions. It can help homeowners who are dealing with a wide range of property-related challenges, including significant structural damage, foreclosure situations, tenant-occupied homes, and inherited estates. It also offers repair services and can help homeowners find a third-party buyer for their property.
Locations: Mary Esther and surrounding areas
Closing costs: Sellers pay no closing costs; FL Cash Home Buyers covers them.
FL Cash Home Buyers has been BBB accredited since 2015 with an A+ rating. The company also maintains a 4.9-star rating on Google.
Website: floridacashhomebuyers.com
Phone number: 954-519-7040
Quality Properties of Northwest Florida
Quality Properties of Northwest Florida is a local real estate investment company in Pensacola. It purchases homes across Florida with cash, aiming to help homeowners facing financial stress by offering a quick turnaround for sellers.
Locations: Mary Esther and surrounding areas
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.
Quality Properties of Northwest Florida has been BBB-accredited since 2019 and holds an A+ rating. The company has a 5-star Google review rating.
Website: qualitypropertiescashbuyer.com
Phone number: 850-346-4995
Other options to sell your Mary Esther home quickly
If you’re exploring alternatives to selling to house-buying companies in Mary Esther, consider these options:
iBuyers
iBuyers, or instant buyers, use automated valuation tools to make quick cash offers on homes typically in good condition. iBuyer transactions happen mostly online and can close in just a few days. However, companies such as Opendoor and Offerpad typically charge fees ranging from 5% to 6%.
Listing with an agent
In an active market, working with an experienced real estate agent can still help you get a quick sale — often much higher than a cash offer. A strong agent can provide a comparative market analysis to help you price your home appropriately and can even connect you with cash buyers if you still want to go that route.
Many agents also offer pricing guidance and market analysis services free of charge. For expert support, HomeLight can link you to a top Mary Esther agent today.
Keep in mind, realtors often help sellers get closer to the true market value compared to We Buy Houses companies. For example, while a house-buying investor might bid $196,800 on a home valued at $324,000, a skilled agent may assist you in selling for as much as $306,180.
That difference could mean nearly $109,380 more in your hands.
If you’re considering listing, HomeLight can connect you with a leading local agent to guide you through the best sales strategy for your Mary Esther property.
Final thoughts
- Cash buyers move quickly: Companies purchasing houses in Mary Esther can often close within days, making them attractive for urgent sales.
- No repairs necessary: Most cash buyers purchase homes as-is, saving you time and money on repairs or improvements.
- Offers typically lower: While We Buy Houses Mary Esther companies provide fast options, their prices usually fall short compared to listings with real estate agents.
- Watch out for scams: Not all buyers are legitimate. To avoid fraudulent schemes, be diligent in researching each buyer before finalizing any agreement.
- Alternative fast-sale methods: iBuyers and skilled agents can also help you sell quickly, sometimes leading to more money in your pocket.
- Know your home’s value: Always check your Mary Esther property’s estimated market price before proceeding with a cash offer.
At HomeLight, our mission is to support your next real estate move. Whether you choose to request a no-obligation cash offer via a trusted platform like Simple Sale or consult a top-rated Mary Esther agent, we’re here to help you find the right fit.
Editor’s note: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Mary Esther area “We Buy Houses” companies should not be considered an endorsement.
Header Image Source: (Cassanas1 / Deposit Photos)
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.