We Buy Houses Spartanburg: 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.
If you need to sell your house quickly, “We Buy Houses” Spartanburg companies could be the solution you’re looking for. These companies make all-cash offers on homes, even those that need repairs. If you lack the time, expertise, or money to handle the necessary repairs, these firms can be a great alternative to the traditional real estate market.
In this post, we’ll explore the pros and cons of selling your Spartanburg house for cash, teach you how to vet potential buyers, and discuss alternative options. We will also show you how the process works.
Sell Your House Fast in Spartanburg 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 Spartanburg.
Working with house-buying companies in Spartanburg
Partnering with a Spartanburg house-buying company is designed to be quick and straightforward. Here’s a step-by-step overview of the process of selling your house for cash:
- Initiate contact: Get in touch with a trusted house-buying company in Spartanburg and express your intention to sell.
- Submit property info: Provide essential details about your home, such as its condition, size, and location.
- Arrange a property visit: Schedule a convenient time for the company to inspect your home and evaluate its condition.
- Receive the offer: After the assessment, the company will give you a cash offer without any obligation to accept.
- Evaluate the proposal: Review the offer carefully. If it aligns with your goals, you can accept it to proceed.
- Finalize the sale: The company will manage the necessary paperwork and set up the closing, typically within days or a few weeks.
Popular We Buy Houses for Cash companies in Spartanburg
If the process of selling to a house-buying company in Spartanburg 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 Plantation-style or Charleston single house. By working with one of these companies, you should be able to sell your Spartanburg home in as little as a week or two.
Myrtle Beach Home Buyers
Myrtle Beach Home Buyers is a trusted property investment firm serving the Myrtle Beach area. It purchases homes in any condition, including those with liens, tax issues, or in need of significant repairs.
Homeowners receive a no-cost cash offer within 24 hours and can choose a closing date that fits their schedule. This streamlined process offers a fast, flexible alternative to traditional home sales.
Locations: Throughout South Carolina, including Spartanburg
Closing costs: Sellers pay no closing costs; Myrtle Beach Home Buyers covers them.
Accredited by the Better Business Bureau (BBB) since 2018, Myrtle Beach Home Buyers currently holds an A+ rating. It garnered several positive customer testimonials, resulting in an impressive 4.9-star rating on Google.
Clients frequently praise the team for their helpfulness and clear communication throughout the entire process. Some sellers shared how their decision to sell felt effortless thanks to the patient and personable guidance they received. They said everything was explained thoroughly, and the experience felt smooth from start to finish.
Website: myrtlebeachhomebuyers.com
Phone number: 843-507-5058
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Spartanburg (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 Spartanburg.
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 Spartanburg
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 care, it received BBB accreditation and holds 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.
Website: homelight.com/simple
Phone: 844-488-8455
Table Rock Homebuyers
Table Rock Homebuyers offers a reliable and efficient solution for homeowners looking to sell quickly in South Carolina’s Upstate and Midlands regions. Whether it’s a house or mobile home, the company purchases properties in any condition and handles all associated paperwork to minimize stress for sellers.
With no commissions or out-of-pocket fees, clients can expect a straightforward experience throughout the transaction. A cash offer is typically provided within 24 hours, and the seller selects the closing date that works best for them.
Locations: Throughout South Carolina, including Spartanburg.
Closing costs: Sellers pay no closing costs; Table Rock Homebuyers covers them.
Reflecting consistent customer satisfaction, Table Rock Homebuyers has earned a high 4.7-star rating on Google. Many sellers express gratitude for the genuine support they receive from the company, even when a sale isn’t possible. Some sellers shared how thankful they were for the team’s helpful guidance, noting that the information provided was eye-opening and truly helpful during a stressful time.
Website: tablerockhomebuyers.com
Phone number: 864-272-5400
Your Choice Home Buyers
Since 2009, Your Choice Home Buyers has been purchasing homes as-is, helping homeowners get out of property dilemmas. It presents a no-obligation cash offer in 24 hours or less, with interested sellers simply filling out the online form or giving the team a call to get started. Deals can close in as little as seven days, or sellers can choose a date that fits their schedule.
Locations: Spartanburg County and other nearby areas, such as Greenville, Anderson, and Pickens counties
Closing costs: Sellers pay no closing costs; Your Choice Home Buyers covers them.
Your Choice Home Buyers has been BBB-accredited since 2023 and has an A rating. The company earned a high review score of 4.6 stars on Google based on a limited number of reviews.
Clients say this company delivers a seamless and professional home-selling experience. Many appreciate their trustworthy approach, efficient service, and commitment to honest transactions. Reviewers express relief at finding a reliable team that stands by its promises.
Website: yourchoicehomebuyers.com
Phone number: 864-692-8118
Priority Home Buyers
Priority Home Buyers is a nationwide cash home-buying company with a presence in Spartanburg. They provide perks like a free local move, a cash advance of up to $10,000, and a rent-free stay through closing. After completing their online form, you can get a cash offer within the hour. Priority Home Buyers is able to close in as few as seven days and pays for all closing costs.
Locations: Nationwide, including Spartanburg, SC
Closing costs: Sellers pay no closing costs; Priority Home Buyers cover them.
Known for its integrity, Priority Home Buyers has been BBB-accredited since 2023 and currently maintains an A rating. It holds a 4.8-star rating on Google, as it received positive reviews for the team’s market knowledge, trustworthy service, and reasonable offers.
Clients highlight the team’s expertise and experience as key factors in making the selling process smooth and stress-free. Many appreciate their patient, thoughtful guidance and say it helped turn what could have been a difficult time into a positive and successful outcome.
Website: priorityhomebuyers.com
Phone number: 877-399-1777
Why sell your Spartanburg 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 Spartanburg, selling a home on the open market using an agent typically takes around 80 days. That includes an average of 40 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 Spartanburg, 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 situations where a house-buying company might be the ideal solution for you:
- Job relocation: You need to move quickly for a new job and don’t have time for a traditional home sale.
- Divorce settlement: You want to sell your shared property quickly and divide the proceeds without complications.
- Unwanted inheritance: You’ve inherited a house and want to sell it quickly to avoid ongoing maintenance and tax costs.
- Downsizing transition: You’re moving to a smaller home or a retirement community and want to sell your current house fast.
- Extensive repairs: Your house is in poor condition needs significant repairs that you can’t afford or don’t want to handle.
- Open house stress: You wish to avoid the hassle and inconvenience of preparing for and holding open houses.
- Structural damage: Your home has foundation issues, and you need a buyer willing to purchase it as-is.
- Foreclosure solution: You’re facing foreclosure and need to sell quickly to settle your debts and avoid damaging your credit.
- Existing tenants: You have tenants in your property and want to sell without dealing with renter-related challenges.
- Remote home sale: You live out of state and want the ease of selling your property without being present.
Pros and cons of house-buying companies in Spartanburg
Selling your Spartanburg home to a house-buying company comes with its own set of pros and cons.
The biggest advantages of working with a house-buying company in Spartanburg are the speed of the transaction and the ability to sell your house in any condition without needing to make repairs or preparations. Here’s a summary of some key benefits:
Pros:
- Quick sale: You can close the deal in a matter of days, avoiding the long wait of a traditional sale.
- No repairs needed: Sell your house as-is without spending time or money on repairs.
- Guaranteed sale: Cash offers eliminate the risk of deals falling through due to financing issues.
- No contingencies: Avoid contingencies that can delay or derail the sale.
The most significant drawback of selling to a house-buying company in Spartanburg is that they will likely offer you below market value for your home compared to selling on the market with an experienced real estate agent. Here are some key drawbacks:
Cons:
- Lower offers: Expect to receive an offer less than you would from a traditional market sale.
- Scam risks: Be cautious of house-buying scams and ensure you work with a reputable company.
- Limited negotiation: Offers are typically take-it-or-leave-it with little room for negotiation.
- Less exposure: Selling to a house-buying company means your home doesn’t get the exposure it would on the open market.
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
Before committing to a cash offer for your Spartanburg home, take the time to vet the company thoroughly. Here are some essential steps:
- Check reviews: Look for online reviews to see what other sellers have experienced. Pay attention to testimonials on the company’s website and other platforms.
- Research market presence: Investigate the company’s reputation and performance in the Spartanburg market.
- Read the agreement: Carefully review the buying agreement to understand all terms and conditions.
- Ask questions: Don’t hesitate to ask the company about any concerns or details before making a decision.
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 Spartanburg home quickly
Working with iBuyers
Instant buyers, or iBuyers, or use automated valuation models to provide near-instant cash offers for homes in good condition. This mostly online process can close in a few days to two weeks. However, iBuyer companies like Opendoor and Offerpad often charge service fees of 5% to 6% of the home’s sale price.
Listing with an agent
Despite seeking a quick sale, listing with a top real estate agent can still be beneficial, especially in a seller-friendly market. Agents can help achieve a higher sale price and provide a comparative market analysis (CMA), which is often for free. This market report helps set an appropriate listing price and estimates the time to sell.
Additionally, agents may connect you with buyers offering cash closer to market value. If you’re interested, HomeLight can connect you with a top-performing agent in your area.
FAQs on Spartanburg house-buying companies
By and large, most We Buy Houses for Cash companies in Spartanburg 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 Spartanburg 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 Spartanburg Charleston single house could sell for $240,000 after repairs, but it will need $25,000 of work to get there.
($240,000 x .70) – $25,000 = $143,000
In this example, a Spartanburg We Buy Houses company might offer you around $143,000 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 market value while charging a fee for their services.
When you accept an offer from a Spartanburg 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 Spartanburg 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 Spartanburg vs. top Spartanburg 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 Spartanburg | Sell with a top Realtor in Spartanburg |
| Selling timeline | 7 to 30 days | 80 days average; 40 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 Spartanburg is worth about $215,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $240,000.
| Sell to a We Buy Houses for Cash company in Spartanburg | Sell with a top Realtor in Spartanburg | |
| Estimated sale price | ($240,000 x .70) – $25,000 = $143,000 | $215,000 |
| Market preparations | 0 | $2,150 (1% of the sale price) |
| Agent commissions | 0 | $6,450 (3% of the sale price) |
| Closing costs | 0 | $3,225 (1.5% of the sale price) |
| Estimated take-home for seller | $143,000 | $203,175 |
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: Selling to a Cash-For-Homes company in Spartanburg offers the benefit of a fast closing, often within days.
- No repairs needed: You can sell your house as-is without the need for costly repairs or updates.
- Guaranteed offer: Cash offers eliminate the risk of deals falling through due to financing issues.
- Convenient process: The sale process is straightforward, with minimal paperwork and hassle.
- Home value: Always know your 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 Spartanburg, South Carolina 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: (Kevin@collegevibe.com / Depositphotos)
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.
