We Buy Houses Palm Springs, CA: Top 5 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 fast in California can be tough, especially if it needs repairs or updates. An alternative to listing your home on the open market is working with We Buy Houses Palm Springs, CA companies. These buyers make all-cash offers for homes in as-is condition, so there’s no need to spend time or money on fixes. If you’re looking for a quicker, hassle-free way to sell, this could be the simple solution you need.
Sell Your House Fast in Palm Springs 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 Palm Springs, CA.
By accepting a cash offer, you can avoid the hassle of making repairs or renovations. This allows you to close the sale faster, often within a matter of days, and get the funds you need to take the next step.
In this post, we’ll explore the pros and cons of selling your Palm Springs house for cash. You’ll gain a clearer understanding of how these companies operate and whether they’re the right solution for your situation.
Working with house-buying companies in Palm Springs
Selling for cash in Palm Springs can save you time and effort compared to listing on the open market. House-buying companies simplify the process, often purchasing homes as-is. Here’s a step-by-step overview of the process of selling your house for cash:
- Contact the company: Reach out to the house-buying company and provide basic details about your property.
- Schedule a home visit: The company will schedule a visit to assess your home’s condition, usually at no cost.
- Receive an offer: After evaluating your property, the company will present a cash offer, often within 24 to 48 hours.
- Review the offer: Take some time to review the offer and decide if it works for your situation.
- Accept the offer: If the offer meets your needs, you can accept it and move forward.
- Close the sale: The closing process typically happens in as little as 7 to 14 days, allowing you to get your cash quickly.
Popular We Buy Houses for Cash companies in Palm Springs
If the process of selling to a house-buying company in Palm Springs 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 Spanish revival or a ranch-style home.
By working with one of these companies, you should be able to sell your Palm Springs home in as little as a week or two.
The Zen Experience Property Co.
The Zen Experience Property Co. offers streamlined, stress-free solutions for homeowners seeking to sell their properties with speed and certainty. Specializing in all-cash purchases, the company provides an attractive alternative to the complexities of the traditional real estate market. With the ability to close in as little as seven days, Zen Experience delivers both efficiency and peace of mind.
Locations: Palm Springs, Coachella Valley, and surrounding areas
Closing costs: Sellers pay no closing costs; The Zen Experience Property Co. covers them.
Based on customer feedback, The Zen Experience Property Co. rates 4.6 stars on Google. Clients say the company makes the selling process smooth and straightforward, thanks to great communication and a helpful, knowledgeable team.
They’re described as easy to work with and always willing to guide clients through each step. Many recommend their real estate services with confidence, highlighting how professional and supportive the experience is from the first conversation to the closing.
Website: zenpco.com
Phone number: 760-202-5909
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Palm Springs (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 Palm Springs. 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 Palm Springs
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 accredited by the Better Business Bureau (BBB) since 2019 and currently maintains an impressive 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
Coachella Valley HomeBuyers
Coachella Valley HomeBuyers is a local company that helps homeowners sell their properties quickly and with ease. They make cash offers and work to keep the process simple and stress-free, no matter the condition of the home. Most sellers receive a competitive cash offer within 24 hours and get paid at closing.
Locations: Palm Springs and surrounding areas in the Coachella Valley
Closing costs: Sellers pay no closing costs; Coachella Valley HomeBuyers covers them.
Respected for principled business conduct, Coachella Valley HomeBuyers has earned an A+ rating from the BBB. On Google, it holds a high 4.5-star rating, thanks to positive customer reviews. Past clients share that the company makes selling a house quick and easy, with great customer service and a team that knows what they’re doing.
Some have raised concerns about who’s leaving reviews, but many still point to a good experience overall and say it’s a relief to work with real professionals who get the job done.
Website: coachellavalleyhomebuyers.com
Phone number: 760-849-8115
Osborne Homes
Osborne Homes is a California-based home-buying company that purchases all kinds of residential properties, from foreclosures and inherited homes to rentals and vacation houses. It conducts prompt property evaluations and gives fair, no-pressure cash offers.
Closings are done through trusted local title companies, making the process smooth and secure. Most sellers get their cash in about a week, making Osborne Homes a solid option for those looking to sell quickly without the stress.
Locations: Throughout California, including Palm Springs
Closing costs: Sellers pay no closing costs; Osborne Homes covers them.
Accredited by the BBB since 2022, Osborne Homes currently holds an A+ rating. It has earned a 3.3-star average on Google, with mixed reviews from past customers. Some mention that the company provides a smooth and timely selling experience, especially appreciated by families navigating complex situations. The team is often described as helpful and supportive throughout the process.
However, some have raised concerns about how the company engages with elderly sellers, citing pressure tactics and confusing contract terms. Others recommend reviewing all documents carefully and seeking legal advice before moving forward.
Website: osbornehomes.com
Phone number: 559-500-3610
Casey Buys Houses
Casey Buys Houses is known for offering fast and dependable home-buying solutions. They can make a competitive cash offer within 24 hours after evaluating a property.
Understanding that every seller’s situation is different, they work with homeowners to choose a closing date that fits their needs. With closings possible in as little as a week, the company aims to make the selling process smooth and flexible.
Locations: Throughout Riverside County and San Bernardino County, including Palm Springs
Closing costs: Sellers pay no closing costs; Casey Buys Houses covers them.
With a proven track record, Casey Buys Houses holds a 5-star rating on Google. Clients say working with this company is a smooth and efficient experience, especially for those navigating real estate transactions for the first time. The team is communicative, professional, and provides clear guidance throughout the process.
Deals are often completed quickly, with closings happening in under two weeks. Sellers appreciate the prompt follow-through and reliable service. Many look forward to future collaborations.
Website: caseybuyshouses.com
Phone number: 909-455-9496
Why sell your Palm Springs house for cash?
Why would a Palm Springs homeowner sell their home for cash? If you need to sell quickly, selling for cash is significantly faster than the traditional market.
In Palm Springs, selling a home on the open market using an agent takes around 111 days. That includes an average of 70 days on the market, from listing to signed contract, plus the typical 41 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 Palm Springs, 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 some common scenarios where choosing a cash-for-homes company could be a good fit.
- Job relocation: If you’re relocating for work and need to sell quickly, a cash offer can help you move forward without delay.
- Divorce settlement: Selling your home during a divorce can expedite the process and provide a faster resolution.
- Unwanted inheritance: If you’ve inherited a house and want to sell it, a cash offer can streamline the sale.
- Downsizing transition: A cash sale offers a hassle-free solution to move into a smaller home when you’re ready to downsize.
- Extensive repairs: When your home is in poor condition and needs repairs that you don’t have the time or money for, selling for cash can relieve that burden.
- Open house inconvenience: Avoid the hassle of multiple showings and open houses by accepting a cash offer.
- Structural damage: If your home has foundation problems, a cash buyer will purchase it as-is.
- Foreclosure fix: A cash sale can help you avoid foreclosure and provide you with fast funds.
- Landlord fatigue: If you want to retire from the rental property business, a house-buying company can buy your home, even with tenants in place.
- Remote home sale: A cash sale allows you to sell your home from out of state without needing to be in town.
Pros and cons of house-buying companies in Palm Springs
Before teaming up with a house-buying company, it’s good to know what you’re getting into. They can make selling fast and easy, but there might be some downsides too. Understanding the pros and cons can help you figure out if it’s the right move for you.
Pros of house-buying companies in Palm Springs
The biggest advantage of working with a house-buying company is speed and simplicity. They buy homes in any condition, and you can skip the repairs and staging. Here’s a summary of the key benefits:
- Fast closings: Many companies can close in as little as 7 to 14 days, allowing you to get cash quickly.
- As-is deals: There’s no need to make any repairs or preparations, as these companies buy properties in their current condition.
- No contingencies: Cash buyers often skip contingencies, leading to fewer delays and a more straightforward sale.
- No showings: You won’t have to worry about hosting open houses or keeping your home spotless for buyer visits.
Cons of house-buying companies in Palm Springs
The biggest drawback is that you might walk away with less profit when selling to a house-buying company in Palm Springs versus using a real estate agent. Here’s a summary of the key drawbacks:
- Lower offers: Cash-for-homes companies usually pay much less than you’d get by selling with an agent.
- Scam risks: Some companies operate unethically, so you need to watch out for scams.
- Limited flexibility: Most companies offer a “take-it-or-leave-it” offer with little room for negotiation.
- Missed market opportunities: Selling on the open market with an agent could yield higher offers from competitive buyers.
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 working with a house-buying company in Palm Springs, it’s crucial to ensure the company is trustworthy and reputable. Here are key steps to vet cash buyers and know your home’s worth:
- Research the company: Investigate the buyer’s reviews, read testimonials, and check their track record in the Palm Springs market.
- Ask for references: Reach out to past sellers who’ve worked with the company to learn about their experiences.
- Review the buying agreement: Make sure to read the purchase agreement carefully, understanding all terms before signing.
- Get multiple offers: Compare offers from different companies to ensure you’re receiving a fair deal.
- Know your home’s value: Conduct research or get an appraisal to understand what your home is worth in the current market.
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 Palm Springs. You can also try our free Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Palm Springs home quickly
Working with iBuyers
Instant buyers or iBuyers use automated valuation models (AVMs) to make quick, mostly online, all-cash offers, usually closer to market value. They specialize in homes in good condition, with a fast closing process ranging from a few days to two weeks.
However, major iBuyer companies like Opendoor and Offerpad often charge service fees of 5% to 6% of the home’s sale price, which can affect your overall proceeds.
Listing with an agent
Although listing with an agent typically takes longer, it can still result in a quick sale in a competitive market. A top agent can help you price and market the home strategically, potentially yielding a higher price.
They offer a comparative market analysis (CMA), often for free, to estimate your home’s value. Some agents can even connect you with cash buyers. If you’re considering the agent route, HomeLight can connect you with top agents in your area.
FAQs on Palm Springs house-buying companies
By and large, most We Buy Houses for Cash companies in Palm Springs 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 Palm Springs 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), then deduct 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 Palm Springs Spanish Revival could sell for $655,500 after repairs, but it will need $30,000 of work to get there.
($655,500 x .70) – $30,000 = $428,850
In this example, a Palm Springs We Buy Houses company might offer you around $428,850 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 Palm Springs 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 Palm Springs 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 Palm Springs vs. top Palm Springs 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 Palm Springs | Sell with a top Realtor in Palm Springs |
| Selling timeline | 7 to 30 days | 111 days average; 70 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 and 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 Palm Springs is worth about $625,500 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth around $655,500.
| Sell to a We Buy Houses for Cash company in Palm Springs | Sell with a top Realtor in Palm Springs | |
| Estimated sale price | ($655,500 x .70) – $30,000 = $428,850 | $625,500 |
| Market preparations | 0 | $6,255 (1% of the sale price) |
| Agent commissions | 0 | $18,765 (3% of the sale price) |
| Closing costs | 0 | $9,382.50 (1.5% of the sale price) |
| Estimated take-home for seller | $428,850 | $591,097.50 |
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 closings: Cash-for-homes companies in Palm Springs can close in as little as 7 to 14 days, making them ideal for urgent situations.
- As-is deal: You can sell your home in any condition without worrying about repairs or updates.
- Lower offers: Most cash offers are below market value, which means you may walk away with less money than selling traditionally.
- No contingencies: With no financing or inspection contingencies, the sale process is much simpler and faster.
- 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 Palm Springs agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of Palm Springs 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: (Vacclav / 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.
