5 Top We Buy Houses for Cash Companies in South Florida
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Joseph Gordon, EditorClose
Joseph Gordon EditorJoseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
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Fran Metz, Contributing EditorClose
Fran Metz Contributing EditorFran Metz is a freelance content writer, editor, blogger and traveler based in Las Vegas, Nevada. She has seven years of experience in print journalism, working at newspapers from coast to coast. She has a BA in Mass Communications from Fort Lewis College in Durango, Colorado, and lived in Arvada for 15 years, where she gained her experience with the ever-changing real estate market. In her free time, she enjoys 4-wheeling, fishing, and creating digital art.
“We Buy Houses Cash” South Florida companies are becoming a go-to solution for homeowners looking to sell quickly, especially when their properties require work. These companies present an all-cash offer, providing a lifeline for those who might need more time, expertise, or financial resources to undertake repairs. This approach is particularly beneficial if you’re in a situation where a speedy sale is more valuable than waiting for a higher offer.
Most people in South Florida choose to sell their homes for cash because of sudden life changes or money troubles. Working with a cash home buyer can make things easier and faster, so you can move on without all the usual waiting and hassle of a regular sale.
This article will guide you through the intricacies of working with house-buying companies in South Florida. We’ll explore the pros and cons, helping you understand your options and make an informed decision that aligns with your unique circumstances.
Sell Your House Fast in South Florida With a Cash Offer
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Working with house-buying companies in South Florida
Selling your South Florida home to a house-buying company can be straightforward. Here’s a step-by-step guide to help you understand the process of selling your house for cash, so you can have a smooth and efficient transaction.
- Research companies: Start by researching reputable house-buying companies in South Florida. Look for those with positive reviews and a strong track record in your area. This initial step is essential to ensure you’re dealing with a legitimate and reliable buyer.
- Contact the company: Reach out to your chosen company to express your interest in selling. This can be done through their website or with a phone call. Provide basic information about your property to get the process started.
- Schedule a home assessment: The company will arrange a visit to assess your home. This evaluation helps them determine the value of your property. They usually buy homes as-is, so extensive preparations are optional.
- Receive an offer: The company will present you with a cash offer after the assessment. This offer is often non-negotiable and based on the current condition of your home and market values in South Florida.
- Review and accept the offer: Take your time to review the offer. If it aligns with your expectations and needs, you can accept it. One key advantage is the speed and simplicity of the transaction.
- Close the sale: The company will handle most closing formalities once you accept the offer. The closing can happen quickly, sometimes within a week, allowing you to promptly access the cash from the sale.
By following these steps, you can confidently manage the sale of your South Florida home to a house-buying company.
Popular We Buy Houses for Cash companies in South Florida
If the process of selling to a house-buying company in South Florida sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some top companies that will pay cash for your or your parents’ property, whether that’s a Spanish-style or Art Deco-style home. By working with these companies, you can sell your South Florida home in as little as a week or two.
South Florida Cash Home Buyers
Since 2011, South Florida Cash Home Buyers has been offering homeowners a fast and flexible selling solution. It provides a fair all-cash offer within 24 hours, regardless of the property’s condition, the seller’s situation, or timeline. Sellers have complete control over the closing date, with the option to finalize the sale in as little as seven days.
Because the company uses cash rather than traditional financing, delays caused by lenders are avoided entirely. This streamlined approach is ideal for those needing quick access to funds or looking to move on without hassle. To date, the company has bought over 300 properties since its founding.
Locations: South Florida, including Miami Gardens, North Miami Beach, North Miami
Closing costs: Sellers pay no closing costs; South Florida Cash Home Buyers covers them.
South Florida Cash Home Buyers has a perfect 5-star rating on Google reviews, and customers say they appreciate the company’s honesty, professionalism, and efficient service. Reviews highlighted clear communication, a smooth process, and timely closures, with one customer noting a 30-day completion. Many recommend the company for making the home-selling experience straightforward and stress-free.
Website: southfloridacashhomebuyers.com
Phone: 305-458-8826
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in South Florida 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., and 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 locations throughout South Florida. 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 South Florida
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 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
The Friendly Home Buyer
The Friendly Home Buyer simplifies the home-selling process by removing the typical obstacles and delays. Serving homeowners across Florida, from Miami to Jacksonville, they purchase properties in any condition for cash, providing a smooth and stress-free experience. Whether dealing with relocation, probate, or other complex situations, their team is equipped to close swiftly and on the seller’s terms.
With no hidden fees or last-minute changes, the process remains transparent from start to finish. The Friendly Home Buyer is backed by decades of real estate expertise, delivering reliable solutions for common real estate dilemmas.
Locations: Serves South Florida, Miami, Tampa, Orlando, and Jacksonville
Closing costs: Sellers pay no closing costs; The Friendly Home Buyer covers them.
Noted for its ethical business practices, The Friendly Home Buyer has been accredited by the BBB since 2017 and holds an A+ rating. On Google, it earned a 4.7-star Google rating, and clients share that working with the company was easy throughout the selling process.
The team earns praise for being trustworthy, supportive, and prompt, even in challenging cases like probate. Sellers often highlight the quick timelines and fair pricing. Many say they’d confidently recommend the company to others looking for a smooth sale.
Website: thefriendlyhomebuyer.com
Phone: 888-713-9158
All About Real Estate
All About Real Estate (AARE) provides Florida homeowners with a fast, hassle-free way to sell their properties for cash. They buy homes in any condition, allowing sellers to bypass repairs and showings. With more than 40 years of combined experience, AARE’s team handles properties with issues, such as violations, tenants, or liens.
Renowned for their transparent, client-focused service, they make competitive offers within 24 hours and close on the seller’s chosen timeline. The company aims to make the selling process simple and stress-free.
Locations: Throughout Florida
Closing costs: Sellers pay no closing costs; All About Real Estate covers them.
All About Real Estate has been BBB accredited since 2018 and holds an A+ rating. It has maintained a perfect 5-star rating on Google reviews, and customers laud the company’s integrity, prompt delivery on promises, and legitimacy as a real estate buyer in South Florida. Other reviews praise their knowledge and transparent processes.
Website: allaboutrealestate.com
Phone: 786-753-8500
Homeinc
Homeinc offers a quick, hassle-free way to sell properties, closing in as few as five days with cash wired the same day. They buy various property types, including single-family homes, condos, and mobile homes, even those with code violations, liens, or structural issues.
The process is simple: a free property analysis, a competitive cash offer, and a closing handled by a licensed title company with no commissions or hidden fees. Sellers can keep more money from the sale, and Homeinc accommodates flexible timelines, including post-occupancy options.
Locations: Throughout Florida and Georgia
Closing costs: Sellers pay no closing costs; Homeinc covers them.
Thanks to positive customer testimonials, Homeinc has earned a high 4.9-star rating on Google reviews, and the company receives positive feedback for its professionalism, excellent communication, and supportive staff. Clients praise the team for their kindness and efficient handling of real estate transactions, even in emotionally difficult situations, such as after a loved one’s passing.
Reviewers named specific team members for their attentive and organized approach. Many noted the seamless processes and timely closings, contributing to overall client satisfaction. Homeinc has been BBB accredited since April 2021 and holds an A+ rating.
Website: homeinc.com
Phone: 888-850-2636
Why sell your South Florida 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 South Florida, selling a home on the open market using an agent takes around 126 days. That includes an average of 85 days listed on the market until a 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 South Florida, 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.
Selling your South Florida home for cash to a house-buying company can be an appealing option in various situations, especially when traditional selling methods don’t align with your needs or circumstances. Here are some common scenarios where opting for a cash sale might be beneficial:
- Urgent financial need: If you’re facing immediate financial challenges, selling your home for cash can provide quick access to funds.
- Sudden relocation: A fast cash sale can ease the transition when a job requires you to move quickly.
- Divorce settlement: In the event of a divorce, selling your home for cash can simplify the division of assets.
- Foreclosure solution: A quick cash sale can be a viable solution to prevent foreclosure and protect your credit.
- Unwanted inheritance: If you’ve inherited a property you don’t wish to keep, selling for cash offers a straightforward way to handle the estate.
- Property in disrepair: When your home is in poor condition and requires extensive repairs you can’t afford or manage, a cash sale can save you from the hassle and expense.
- Private sale preference: Cash buyers can facilitate a private transaction, appealing to those who want to sell quietly off-market.
- Landlord fatigue: Selling to a house-buying company can be appealing to landlords who want to sell rental properties quickly, especially those with problematic tenants.
- Health-related move: If health issues necessitate a move to assisted living or a relative’s home, selling for cash can expedite the process.
It’s essential to view cash sales with a house-buying company as just one option among many. Understanding the full spectrum of selling methods, including their pros and cons, will help you make an informed decision that best suits your unique situation. Let’s look into these aspects in the upcoming section.
Pros and cons of house-buying companies in South Florida
When considering selling your home to a top We Buy Houses for Cash company in South Florida, it’s important to consider the advantages and disadvantages. The biggest pros are the speed of the transaction and the ability to sell your home in any condition, without needing repairs or preparations.
Pros:
- Quick sale: The process is much faster than traditional real estate sales, often closing within days.
- No repairs needed: These companies will let you sell your home as-is, saving you the time and money involved in making repairs.
- Simplified process: The sale involves less paperwork and complexity compared to traditional real estate transactions.
- No real estate fees: You avoid paying agent commissions and closing costs, which can add up in a conventional sale.
Selling to a house-buying company in South Florida, however, often means receiving less than market value for your property. This is a significant con, especially when compared to selling through an experienced real estate agent.
Cons:
- Lower offers: Offers are usually below market value, reflecting the company’s need to profit from the eventual resale.
- Limited negotiation: The price offered is typically non-negotiable, giving you less control over the sale price.
- Less market exposure: Your home won’t be listed on the open market, potentially limiting higher offers from individual buyers.
- Scam risks: Some entities may pose as legitimate cash-for-homes outfits, but actually operate house-buying scams. It’s vital to research companies thoroughly to avoid falling victim to these fraudulent operations.
Understanding these pros and cons is essential in making an informed decision. Next, we’ll discuss how to vet cash buyers and determine the true worth of your South Florida home, ensuring you make the best choice for your situation.
Curious What Your Home Is Worth?
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Vet cash buyers and know your home’s worth
When you decide to work with a We Buy Houses for Cash company in South Florida, it’s important to remember that the level of integrity and service offered can vary significantly. Your experience will depend on the character and professionalism of the individual or group making the offer. Before committing, take the time to thoroughly vet the company.
Start by checking online reviews and reading testimonials from previous sellers. Research the company’s market presence and track record in South Florida. This due diligence can give you a clearer picture of their reliability and business practices. Additionally, be sure to read the buying agreement carefully before signing.
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 it to your cash offer. HomeLight can connect you with a top-performing agent in your market. You can also try our free Home Value Estimator to get an initial estimate in less than two minutes.
Other options to sell your South Florida home quickly
Working with iBuyers
Instant buyers, or iBuyers, use automated valuation models (AVMs) to offer near-instant home value estimates. They provide a mostly online experience, offering all-cash deals typically closer to market value for homes in good condition. The process from offer to closing is quick, usually within a few days to two weeks. However, major iBuyer companies like Opendoor and Offerpad charge service fees of 5% to 6% of the home’s sale price.
Listing with an agent
Listing with a top real estate agent can also result in a fast sale, especially in a seller-friendly market. An agent can provide a comparative market analysis (CMA), which helps determine an appropriate listing price and estimate the time to sell. Many agents offer CMAs, often free.
Partnering with a proven agent can yield the highest selling price, and they may even connect you with cash buyers willing to pay closer to 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 South Florida house-buying companies
Most We Buy Houses for Cash companies in South Florida are legitimate businesses. Their services and transaction fees may differ, but the business model has existed for decades. If you use an established group with a track record, you can be reasonably confident it’s legitimate.
That said, as with any financial transaction, it’s a good idea to be 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 Better Business Bureau website. Watch for anything that just doesn’t seem right.
Most South Florida 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 look at an example offer equation. Let’s say your South Florida Spanish-style or Art Deco-style home could sell for $620,000 after repairs, but it will need $30,000 of work to get there.
($620,000 x .70) – $30,000 = $404,000
In this example, a South Florida We Buy Houses company might offer you about $404,000 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 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.
Accepting an offer from a South Florida We Buy Houses for Cash company can be a double-edged sword. On one hand, it typically won’t cost you extra, as these companies make an offer and take care of most of the process once it’s accepted. On the other hand, you may receive less money for your home compared to traditional sales.
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, 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 South Florida 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 South Florida vs. a top South Florida agent
Another helpful exercise compares how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a look at various aspects of the sale and compare the potential proceeds.
| Aspect of the sale | Sell to a We Buy Houses for Cash company in South Florida | Sell with a top Realtor® in South Florida |
| Selling timeline | 7 to 30 days | 126 days average; 85 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 South Florida is worth about $535,000 and needs about $30,000 in repairs. Once the repairs are completed, the home might be worth about $620,000.
| Sell to a We Buy Houses for Cash company in South Florida | Sell with a top Realtor in South Florida | |
| Estimated sale price | ($620,000 x .70) – $30,000 = $404,000 | $535,000 |
| Market preparations | 0 | $5,350 (1% of the sale price) |
| Agent commissions | 0 | $16,050 (3% of the sale price) |
| Closing costs | 0 | $8,025 (1.5% of the sale price) |
| Estimated take-home for seller | $404,000 | $505,575 |
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 challenging in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Speedy, simple transaction: Selling your home to a house-buying company in South Florida offers a quick and straightforward process, ideal for urgent situations.
- No repairs needed: These companies buy homes as-is, saving you the hassle and expense of repairs.
- Lower offers: Be prepared to receive offers below market value, as these companies aim to profit from the resale.
- Home value insights: Always know your property’s estimated market value before you proceed with a cash-offer company.
- Quick sale alternatives: Exploring other selling methods, like iBuyers or listing with an agent, can provide a broader perspective on your home’s value.
- Due diligence: Thoroughly vet any house-buying company before proceeding. Check reviews and understand their buying agreement.
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 South Florida agent.
Editor’s note: This post is for educational purposes only. Links to and mentions of South Florida 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 Source: (Tessa Edmiston / Unsplash)
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.
