5 Top We Buy Houses for Cash Companies in NYC

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Navigating the intricate world of home selling in New York City can be overwhelming, especially when time is of the essence. If your home needs repairs and you lack the expertise, funds, or simply the time to address them, “We Buy Houses” companies in NYC might be your beacon of hope.

These firms extend all-cash offers for properties, even those in less-than-pristine condition, enabling you to swiftly access funds and press forward with your life’s next chapter.

The allure of a cash sale, particularly in an urgent or unexpected situation, is undeniable. However, like every significant decision, there are both upsides and pitfalls to consider. In this guide, we’ll explain the process and unpack the pros and cons of partnering with an NYC house-buying company, giving you the insights needed to make an informed choice for your unique situation.

Sell Your House Fast in New York City 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 New York City.

Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of New York City area “We Buy Houses” companies should not be considered an endorsement.

Working with house-buying companies in NYC

Sometimes, life demands swift decisions. If you’re considering a rapid home sale to a New York City house-buying company, here is the process you can expect:

1. Research potential buyers: Start by identifying reputable We Buy Houses companies in New York City. Check online reviews, the Better Business Bureau, and other trusted sources for feedback.

2. Request an offer: Once you’ve selected a company, contact them with details about your property. They’ll ask about your home’s size, location, age, and condition. This is often done through an online form.

3. Schedule a home assessment: Most companies will set up a time to visit and assess your NYC home. This helps them determine the value and make an appropriate offer.

4. Review the offer: While most house-buying companies present a take-it-or-leave-it deal, it’s vital to thoroughly examine the terms to ensure they align with your expectations.

5. Close the sale: If you accept the offer, the company will prepare the necessary documents. Unlike traditional sales, Cash-For-Homes deals can close rapidly, typically within a week or two, but often in just days in more urgent situations.

6. Move on with your plans: With the proceeds in hand, you can confidently embark on your next chapter, free from the burdens of a lingering home sale.

Popular We Buy Houses for Cash companies in NYC

If the process of selling to a house-buying company in New York City 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 parents’ colonial house or your brownstone home. By selling to one of these companies, you should be able to sell your NYC home in as little as a week or two.

Sell My House Fast 4 Cash NYC

Sell My House Fast 4 Cash NYC, led by Corey, is a family-owned business with over 21 years of experience in New York City’s real estate market. Having broadened their reach from Queens and Kings (Brooklyn) county to several other counties, including Manhattan and Westchester, they have solidified their credibility in the industry. The company provides timely cash solutions and a straightforward selling process, eliminating the typical hassles of repairs and extensive paperwork. Their staff shows a strong commitment to community welfare by supporting St Jude’s Children’s Hospital and a charity in Haiti.

Locations: New York City and surrounding areas

Closing costs: Sellers pay no closing costs; Sell My House Fast 4 Cash NYC covers them.

Simple Sale (a HomeLight platform)

Simple Sale, a solution from HomeLight, is an online platform where sellers in New York City (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 locations throughout New York City.

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 New York City

Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.

We Buy Land Property NY

We Buy Land Property NY has cemented its reputation in the NYC real estate market with over a decade of experience. Dedicated to simplifying the home-selling process, the company’s seasoned managers are skilled at tailoring solutions to meet the unique needs of every customer. Their extensive history in real estate trading not only underscores their credibility but also their ability to handle diverse situations with ease and success. By prioritizing a personalized approach, they ensure every transaction is seamless and beneficial to the homeowner.

Locations: Anywhere in New York City

Closing costs: Sellers pay no closing costs; We Buy Land Property NY covers them

Real Property Buyers

Real Property Buyers emerged years ago to fill a gap in the New York housing market. Recognizing that traditional real estate listings weren’t suitable for everyone, they crafted alternative solutions tailored to homeowners in challenging situations like foreclosure, probate, or holding onto problematic properties. Operating out of Hewlett as a family-owned enterprise, they prioritize offering bespoke solutions, enabling homeowners to resume their lives without the stress of unwanted properties. Their swift and efficient cash offers make them a preferred choice for many NYC homeowners.

Locations: New York City and surrounding areas

Closing costs: Real Property Buyers often pays for closing costs.

Cash For Properties NYC

With over 30 years of experience in the real estate sector, Cash For Properties NYC is adept at handling the unique challenges property owners encounter when selling their properties. They specialize in providing solutions for a myriad of circumstances, including bankruptcies, divorces, foreclosures, tax liens, tenant problems, and more. Committed to swift and straightforward transactions, the company ensures a confidential and efficient selling process. The company strives to offer the easiest solutions for those seeking to sell their NYC properties for cash.

Locations: New York City and surrounding areas

Closing costs: Sellers pay no closing costs; Cash For Properties NYC covers them.

Why sell your NYC house for cash?

There are plenty of compelling reasons a New York City home seller may choose to work with a Cash-For-Homes company. Leading the list are the benefits of speed, certainty, and remarkable convenience.

In New York City, it typically takes around 124 days to sell a home on the market using an agent. That includes an average of 79 days on the market, plus the typical 45 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 NYC, 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.

Curious about when a cash sale via a house-buying company might be right for you? Here are some scenarios New York City homeowners often encounter:

  • Extensive property damage: Your home has age-related or sudden damages, like structural issues or system failures, making traditional selling challenging.
  • Urgent life events: You’re grappling with sudden events like divorce, health concerns, or unexpected job transfers necessitating a quick move.
  • Lack of repair funds: You don’t possess the finances or inclination to undertake necessary home renovations or updates.
  • Avoidance of traditional sale hassles: The idea of staging, showings, and prolonged negotiations doesn’t align with your preferred selling experience.
  • Need for discretion: You value privacy and would rather not broadcast your sale, making a quiet off-market transaction appealing.
  • Looming foreclosure: Facing foreclosure pressures, selling swiftly can prevent further credit complications and offer some financial relief.
  • Inherited property burdens: You’ve inherited a property you’re unprepared or unwilling to maintain or integrate into your real estate portfolio.
  • Landlord fatigue: Managing rental properties or tackling tenant issues has lost its charm, and you’re seeking a swift exit strategy.
  • Aging and downsizing: As you or a family member age, a fast sale can pave the way for transition into assisted living or joining family.
  • Out-of-state living: Managing a New York City property while residing elsewhere poses challenges; a cash sale offers a hassle-free solution.

If any of these scenarios resonate with you, exploring what a We Buy Houses company in NYC can offer might be a prudent step. But remember, this is just the beginning of your decision-making journey. Understanding the pros and cons and reviewing your selling options is essential.

Pros and cons of house-buying companies in NYC

Navigating New York City’s dynamic real estate scene involves weighing the pros and cons of various selling approaches. House-buying companies, with their promise of speed and minimal fuss, certainly have their merits. However, it’s equally crucial to understand potential drawbacks.


In a bustling city like New York, where quick decisions are often a way of life, house-buying companies offer an enticing blend of speed and convenience. Chiefly, they can snap up homes in any condition, eliminating the need for costly and time-consuming repairs. Here are some of the primary advantages:

  • Swift transactions: Transactions can close in days or weeks, making it ideal for sellers seeking a rapid move.
  • No repairs needed: Your home is purchased as-is, which means you can sidestep any expensive or time-consuming repairs.
  • Avoid traditional selling hurdles: Bypass the stresses of home staging, showings, and protracted negotiations.
  • Straightforward, certain process: The selling process is typically more straightforward and predictable compared to the conventional route.


While the benefits are enticing, it’s essential to tread with caution. The primary trade-off often lies in the final price tag, as these companies typically provide cash offers below the market rate. Here’s a closer look at the drawbacks:

  • Reduced offers: More often than not, the price offered will be below your home’s market value, impacting potential profit.
  • Less negotiation room: Most house-buying companies in NYC provide take-it-or-leave-it deals, leaving little space for negotiation.
  • Risk of pressure tactics: While most We Buy Houses companies in New York City seek a win-win solution, there is a chance of getting involved with an outfit that applies pressure tactics to take advantage of your possibly urgent situation.
  • Potential for scams: Like any industry dealing with large financial assets, there are scams to be aware of. Be certain you’re working with an established, trustworthy NYC business.

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

Your experience with a We Buy Houses for Cash company will largely hinge on the integrity and character of those behind the offer. Just as properties differ in value and appeal, so do the house-buying companies in their ethos and service quality.

Before diving headfirst into a cash deal, ensure you’ve done your due diligence. Scour reviews, pore over testimonials, and gauge their market presence and track record in NYC. And, as with any significant transaction, don’t skim over the buying agreement. Read each clause attentively, ensuring you’re not only familiar with but comfortable with the terms before putting pen to paper.

HomeLight suggests you consult with an experienced NYC 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 New York market. You can also use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.

Other options to sell your NYC home quickly


iBuyers, short for instant buyers, harness technology to offer near-instant home value estimates based on market data. Born in the mid-2010s, they mainly present all-cash offers closer to market value for well-maintained homes. The sale process is swift, usually spanning days to two weeks.

It should be noted that iBuyers like Opendoor and Offerpad typically charge service fees of up to 6%. They best serve sellers with standard housing in good shape.

Listing with an agent

Though unconventional in this context, considering a real estate agent is prudent. In favorable markets, a strategic listing with a top agent can lead to a rapid sale. On average, top-tier agents fetch 10% higher prices than their peers, according to HomeLight data.

An agent’s comparative market analysis (CMA) provides a nuanced understanding of your home’s worth, facilitating better pricing and quicker sales. Many agents will offer a CMA for free with a consultation.

Well-networked agents can even introduce you to cash buyers offering closer-to-market prices for your property. If selling through a top agent interests you, HomeLight can connect you with a leading agent in your NYC market.

FAQs on NYC house-buying companies

We Buy Houses for Cash in NYC vs. top NYC 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 New York City Sell with a top Realtor in New York City
Selling timeline 7 to 30 days 124 days average; 79 to attract an offer, 45 to close the loan
Home preparations None Deep clean, declutter, make necessary repairs, landscape, stage home
Showings None 10 to 25 showings 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 title before you can sell 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 5.8% average
Closing costs None 1% to 3% of the home sale price on top of agent 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 an agent-assisted sale.

Let’s say your home in New York City is currently worth about $650,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $675,000.

Sell to a We Buy Houses for Cash company in New York City Sell with a top Realtor in New York City
Estimated sale price ($675,000 x .70) – $25,000 = $447,500 $650,000
Market preparations 0 $6,500 (1% of sale price)
Agent commissions 0 $37,700 (5.8% of sale price)
Closing costs 0 $9,750 (1.5%)
Estimated take-home for seller $447,500 $596,050

As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent.

However, net proceeds are not the only consideration when selling a home. What’s best in your situation will depend on the condition of your property, what level of repairs are 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

  • Speedy sales: House-buying companies in New York City offer fast transactions, often finalizing deals within days to a couple of weeks.
  • No repairs needed: These companies typically purchase homes “as is,” removing the need for you to invest in repairs or upgrades.
  • Below market value: Generally, Cash-For-Homes offers will come in below your property’s market value.
  • Vet the company: Vet potential buyers by checking online reviews, reading local testimonials, and researching their reputation in the NYC market.
  • Alternative options available: Besides house-buying companies, consider iBuyers and traditional real estate agents as viable alternatives to maximize your returns.
  • Know your home’s worth: Research the current value of your New York City home before accepting any offer, and consider alternative selling options.

If you’re considering a sale to a New York City We Buy Houses company, it’s prudent to gather multiple offers and compare offers carefully before committing.

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 NYC agent.

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