We Buy Houses Shreveport: Top 5 Companies
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- 15 min read
- 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.
Selling your home in Louisiana can feel overwhelming or nearly impossible, especially if your property needs repairs and you lack the time, expertise, or money to address them. That’s where “We Buy Houses” Shreveport companies can step in. These companies will pay cash for properties in almost any condition, usually providing an offer in a matter of days.
If you’re facing financial hardship, dealing with a sudden move, or managing an inherited property, selling to a cash-for-homes company could be the right choice for you. This post will guide you through the process, outlining the pros and cons of working with house-buying companies in Shreveport while also providing you with some alternatives.
Working with house-buying companies in Shreveport
Working with house-buying companies in Shreveport offers property owners a fast way to sell compared to working with a real estate agent. Here’s an overview of the process of selling your house for cash:
- Submit property information to a reliable cash-for-homes firm: Call or visit a trusted house-buying company in Shreveport. Provide details about your home, including its location, size, and condition. The company will use this information to assess your home’s value.
- Set up an evaluation: Schedule a time for the company to visit your property and perform a thorough evaluation.
- Get a cash offer: After the evaluation, the company will typically present you with a cash offer within 24 to 48 hours.
- Agree to terms: If you accept the offer, you’ll sign a purchase agreement to proceed with the sale.
- Finalize the sale: Complete the transaction at a local title company, where you’ll receive your payment and transfer ownership, often within a week.
Popular We Buy Houses for Cash companies in Shreveport
If the process of selling to a house-buying company in Shreveport 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 Southern colonial or a Craftsman. By partnering with one of these companies, you should be able to sell your Shreveport home in as little as a week or two.
Cedar Cash Home Buyers
Cedar Cash Home Buyers is a trusted, veteran-owned company serving homeowners who need a fast and dependable way to sell their properties. They’re committed to offering fair cash deals for homes in any condition, without the hassle of traditional sales.
The team understands that every situation is different, which is why they provide custom solutions for each client. While they can close in as little as seven days, they’re just as willing to wait if sellers need more time.
Locations: Throughout Louisiana, including Shreveport
Closing costs: Sellers pay no closing costs; Cedar Cash Home Buyers covers them.
Known for prioritizing trust and accountability, Cedar Cash Home Buyers has been BBB accredited since 2023 and currently holds an A rating. Its Google Business Profile boasts a high 4.9-star rating.
Clients describe their experience as smooth and stress-free, thanks to the team’s strong communication and responsiveness throughout the home-selling process. They highlight the professionalism and dedication shown at every step, making them feel supported and well-informed.
Website: cedarcashhomebuyers.com
Phone number: 337-420-0375
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Shreveport (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 Shreveport.
With the 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 Shreveport
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 BBB accredited since 2019 and now holds 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
Home Buyer Louisiana
Home Buyer Louisiana is a New Orleans-based real estate company that purchases residential properties under a wide range of challenging conditions. With extensive experience in handling complex cases, including structural damage, pest infestations, title complications, and inherited properties, the company brings financial resources and a strong local network to every transaction.
Known for delivering cash offers within 48 hours, Home Buyer Louisiana aims to simplify the selling process for homeowners seeking a swift and dependable solution.
Locations: Throughout Louisiana, including Shreveport
Closing costs: Sellers pay no closing costs; Home Buyer Louisiana covers them.
Home Buyer Louisiana has been BBB accredited since 2020 and currently holds an A+ rating. Gaining positive customer testimonials, it received a 5-star rating on Google, with clients sharing that the team was thorough, attentive, and communicative throughout the entire process.
They appreciated regular check-ins, open dialogue, and the supportive approach that made everything feel manageable. From contract to closing, each step was handled with care.
Website: homebuyerlouisiana.com
Phone number: 504-332-7676
Bigger Equity
BiggerEquity is committed to making home sales as seamless as possible for property owners facing challenging circumstances. Whether driven by personal, financial, or situational reasons, the company aims to ease the burden by offering a direct cash purchase.
With no need to wait for uncertain buyer interest, they handle the process efficiently from start to finish. The company says it can make a cash offer in as little as seven minutes and close as quickly as seven days.
Locations: Throughout Louisiana, including Shreveport (serves all 50 U.S. states)
Closing costs: Sellers pay no closing costs; BiggerEquity covers them.
Recognized by the BBB since 2018, BiggerEquity now maintains an A+ rating from the bureau. On Google, its review ratings have an average score of 4.8 stars. Clients say the team at Bigger Equity stands out for their honesty, transparency, and open communication.
They appreciate how easy it is to reach someone and how all their questions were welcomed and clearly answered. Many express full confidence in recommending the company to others looking for a smooth and trustworthy selling experience.
Website: biggerequity.com
Phone number: 866-333-8377
We Buy Houses, Shreveport
Founded in 1997, WeBuyHouses.com operates across 200 markets in 30 states, buying properties in any condition. According to its official website, the company has earned the trust of over one million homeowners.
It is equipped to present cash offers even in challenging situations, such as mortgage delinquency or pending foreclosure, providing tailored solutions to meet a wide range of homeowner needs.
Locations: Nationwide, including Shreveport
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them.
Recognized for its integrity, WeBuyHouses.com has been BBB accredited since 2020 and now proudly maintains an A+ rating. Google reviews may vary by location, but overall, clients consistently express appreciation for the company’s prompt cash offers and dependable service.
Many highlight the professional guidance they received throughout the selling process, noting how it helped reduce stress and uncertainty.
Website: webuyhouses.com
Phone number: 318-987-8118
Why sell your Shreveport house for cash?
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 Shreveport, selling a home on the open market using an agent typically takes around 98 days. That includes an average of 58 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 Shreveport, 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 working with a house-buying company might be the right move for you and your family:
- Job relocation: You need to move for a new job and want to sell your house quickly.
- Divorce settlement: A swift sale is necessary to divide assets and move forward with your life after a divorce.
- Unwanted inheritance: You’ve inherited a house and want to sell it quickly to avoid ongoing maintenance and tax costs.
- Downsizing: You’re looking to move into a smaller home or a retirement community and want to sell your current house fast.
- Major repairs: Your home is in poor condition and requires significant repairs that you can’t afford or don’t want to undertake.
- Open house stress: You prefer not to deal with the stress and inconvenience of staging and hosting open houses.
- Foundation issues: Your house has foundation problems, and you want to sell without making costly repairs.
- Foreclosure solution: You need to sell your home quickly to avoid foreclosure and protect your credit.
- Problem tenants: You own a rental property with difficult tenants and want to sell without evicting them.
- Remote home sale: You live out of state and need a quick, convenient sale without traveling back and forth.
Pros and cons of house-buying companies in Shreveport
When considering selling your home to a house-buying company in Shreveport, it’s essential to weigh the pros and cons. House-buying companies offer the ability to sell your home quickly, without the need to make expensive repairs. Here are the primary upsides:
Pros
- Quick sale: These companies can close deals in as little as a week, allowing you to move on quickly.
- As-is convenience: House-buying firms let you sell your house as-is, so you don’t have to worry about making repairs or improvements.
- No contingencies: These companies often buy without contingencies, reducing the risk of the deal falling through.
- Convenient transaction: The process is straightforward and hassle-free, saving you the effort of staging, marketing, and negotiating.
However, there are significant drawbacks to consider. The most notable is that you will likely receive below market value for your home compared to selling with a real estate agent. Here are some key drawbacks to consider:
Cons
- Lower offers: Expect offers to be significantly lower than what you might receive on the open market.
- Scam risks: There is a risk of encountering house-buying scams or unscrupulous buyers, so it’s crucial to vet companies carefully.
- No competitive bidding: Without listing on the market, you miss out on the possibility of multiple offers driving up the sale price.
- Limited negotiation: These companies typically present take-it-or-leave-it offers, leaving little room for negotiation.
Vet cash buyers and know your home’s worth
Most “We Buy Houses” companies are legitimate, but outliers exist. It’s important to have a good handle on what to look for to avoid any possible scams. Here are some quick tips to ensure you work with a reputable buyer:
- Check reviews: Look for online reviews and ratings to see what past clients have to say about their experiences. Read customer testimonials on the company’s website and third-party platforms to get a sense of its service quality and reliability.
- Research the company: Investigate the company’s market presence and performance to ensure they have a solid reputation.
- Review the agreement: Carefully read the buying agreement before signing 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 Shreveport home quickly
Working with iBuyers
Instant buyers, or iBuyers, leverage automated valuation models (AVMs) to provide near-instant home value estimates. This mostly online process offers all-cash deals closer to market value for homes in good condition.
The process is fast, typically taking a few days to two weeks. However, iBuyer companies like Opendoor and Offerpad charge service fees of 5% to 6% of the home’s sale price.
Listing with an agent
While most homeowners looking at house-buying companies want a fast sale, listing with a top real estate agent can also result in a quick sale in a seller-friendly market. An agent can provide a comparative market analysis (CMA) to determine an appropriate listing price.
A CMA evaluates your home’s size, features, location, and age compared to similar properties recently sold in your area, often for free. Using an agent could yield a higher selling price, and an experienced professional might connect you with cash buyers offering close to market value. If you’re interested, HomeLight can connect you with a top-performing real estate agent today.
FAQs on Shreveport house-buying companies
By and large, most “We Buy Houses for Cash” companies in Shreveport 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 Shreveport “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 Shreveport southern colonial home could sell for $195,000 after repairs, but it will need $25,000 of work to get there.
($195,000 x .70) – $25,000 = $111,500
In this example, a Shreveport “We Buy Houses” company might offer you around $111,500 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 Shreveport “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 Shreveport 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 Shreveport vs. top Shreveport 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 Shreveport | Sell with a top Realtor in Shreveport |
Selling timeline | 7 to 30 days | 98 days average; 58 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 Shreveport is worth about $170,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $195,000.
Sell to a We Buy Houses for Cash company in Shreveport | Sell with a top Realtor in Shreveport | |
Estimated sale price | ($195,000 x .70) – $25,000 = $111,500 | $170,000 |
Market preparations | 0 | $1,700 (1% of the sale price) |
Agent commissions | 0 | $5,100 (3% of the sale price) |
Closing costs | 0 | $2,550 (1.5% of the sale price) |
Estimated take-home for seller | $111,500 | $160,650 |
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
- Quick sale: House-buying companies can close deals fast, often within a week, providing a quick solution for urgent situations.
- As-is convenience: These companies purchase homes in any condition, so you don’t need to worry about making repairs or improvements.
- No contingencies: Cash-for-homes companies typically buy without contingencies, reducing the risk of the deal falling through.
- Convenient transaction: The process is straightforward and hassle-free, saving you time and effort.
- Lower offers: Expect to receive offers below market value compared to selling with a real estate agent.
- Due diligence: It’s crucial to vet companies carefully to avoid potential scams.
- Limited negotiation: These companies usually present take-it-or-leave-it offers with little room for negotiation.
- Missed competitive bidding: If you don’t list on the market, you might miss out on multiple offers that could drive up the sale price.
- Home value: Always know the 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 Shreveport 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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