✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. Learn how NAR’s settlement affects home sellers.
Property Max is an Oregon-based cash home buyer. They can give you a cash offer within 24 hours. The company promises to simplify the home-selling experience for its clients.
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Pros
- No agent commissions
- Covers all repair and closing costs
Cons
- Offers less than the fair market value of the house
- No scope for negotiation
- Offers services in 4 states
Property Max is a company that makes all cash offers on homes. As per their website, they promise to provide a cash offer within a day.
When you sell your house to them, you save money on repairs and cleaning. Additionally, if you are on a strict timeline, they can close the deal in 5 days or as per your convenience.
Property Max’s streamlined process makes selling your house stress-free. However, you may not get your home’s total equity with them. Cash buyers like Property Max usually make offers between 50% to 70% of your home’s FMV. Expect your offer to be in a similar range.
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✍️ Editor’s Take: We recommend listing on a cash buyer marketplace like Houzeo. With Houzeo you can get cash offers from multiple national and local cash buyers. So, you do not have to settle for just one offer. Compare Property Max vs. Houzeo.
Is Property Max Legit?
Property Max is a legitimate cash home buyer based in Oregon. Sean Robbins and Jesse Stolz founded the company in 2018. They are a BBB accredited company with an A+ rating.
Property Max’s team has extensive experience in the real estate space. Their team members have over 30 years of combined experience. The company has till date purchased more than 1,000 properties.
Property Max Coverage
The company has a limited coverage area. They offer services only in California, Oregon, Texas, and Washington.
On the other hand, Houzeo offers its services in 47 states and Washington D.C.
Types of Homes Property Max Purchases
Property Max purchases all kinds of homes. Some of these include:
| Inherited properties | Foreclosed homes | Mobile homes |
| Single-family homes | Investment properties | Houses in probate |
| Rentals with tiresome tenants | Condos | Vacant land |
How Does Property Max Work?
The process of selling with Property Max is mentioned below:
- Contact Handsome Homebuyer: Request an offer estimate by filling out a form on their website. You need to provide the property address, your name, and contact information.
- Consult With Their Representative: : After you fill out the form, Property Max’s team will set up an appointment to check if your home fits their buying criteria.
- Get a Cash Offer: Property Max gives an offer within 24 hours based on the evaluation of your property.
- Close the Sale: If you accept the cash offer, the next step is the closing process. Property Max can close on your timeline.
How Much Does Property Max Pay?
Property Max does not provide any pricing details on their website. Based on our research, a cash buyer typically extends offers that fall within a 50% to 70% range of your home’s market value.
Property Max determines their offer based on factors like your home’s location, current condition, required repairs, and recent comparable sales.
For example: If your home’s FMV is $400,000, Property Max might provide an offer that is 50% to 70% of it’s value. This would be between $200,000 and $280,000.
» What’s My Home’s Value: You can know your home’s market value with Houzeo’s free Home Worth Estimator. It helps you estimate the amount you will get upon sale.
Property Max Reviews
The company has a 4.6 out of 5-star rating on Google based on 115 reviews. On the other hand, they have a 4.2 out of 5 star rating on BBB based on 27 customer reviews.
Many customer reviews highlight Property Max team’s professionalism and have lauded their customer support. They also have negative reviews mentioning that they engage in “bait-and-switch” tactics.
Property Max Reviews: Praises
✅ Brady mentioned that Property Max made an offer without resorting to aggressive sales tactics or manipulation. The politeness and respect shown by their staff even when their offer was declined, left a favorable impression on Brady .
Our experience dealing with Property Max was superb. Even though we ended up not selling our home to them everyone we dealt with was very professional. They made an offer, but did not try to use hard sell or underhanded tactics. I was very impressed by the respect all staff displayed and how polite everyone was during the entire process. They were even polite when we said, “No” to their offer.
Source: Google
✅ Todd praised Property Max’s competitiveness, ease of collaboration, and their communicative team. He recommends the company to those looking to maximize profits when selling their home.
“We own a small Brokerage in the DFW area and have partnered with Property Max on multiple purchases and they have delivered for our clients in every instance. Not only were they more competitive (by a large margin) but they were extremely easy to work with and highly communicative with our team…
Source: BBB
Property Max Reviews: Complaints
❌ Mike warned others to exercise caution and reconsider every aspect of the deal when working with Property Max. He had to hire an attorney to terminate a deal.
Had to hire an attorney to get out of the deal. Use caution and rethink every part of the deal twice. They present themselves as caring and helpful when they are only interested in their bottom line. These were our own perceptions and hopefully this was an isolated incident…
Source: Google
❌ Cortniab felt deceived by Property Max’s bait-and-switch tactic. They criticized the lack of care and understanding from the Property Max representative.
NEVER use PropertyMax! I’m so frustrated with their bait and switch bologna! They promised to offer us the same price as Opendoor on our home. Then after signing paperwork, he tells me (days later) that he talked to his partners and the best they can offer is $50k less…
Source: BBB
Property Max Reviews: Pros and Cons
Let’s evaluate the pros and cons of Property Max:
✅ Property Max Pros
- Buy As-is Houses: Property Max purchases homes as-is. So, even if your property is facing foreclosure or needs heavy repairs, you will get a cash offer.
- Quick Closing: Property Max promises to close in as little as 5 days. But, their timeline is flexible and can close on a date suitable to you.
- No Service Fees: They do not charge any service fee. You can enjoy a quick sale through Property Max without any additional costs.
- Buys All Types of Property: Property Max does not have a strict eligibility criteria for the homes purchase.
⛔ Property Max Cons
- Lowball Cash Offers: The offer price might be 50% to 70% of your home’s worth.
- Little Scope for Negotiation: With cash home buyers like Property Max, you don’t have room to negotiate your cash offer.
- Limited Coverage: The company offers services in California, Oregon, Texas, and Washington.
Property Max Competitors
» Jump to: Property Max vs. Houzeo | Property Max vs. Offerpad | Property Max vs. HomeVestors
1. Property Max vs. Houzeo
Property Max gives you a swift cash offer. The process of selling with them is stress-free. However, your offer might be around 50% to 70% of your home’s equity.
Instead, list your property on a cash buyer marketplace like Houzeo. Multiple cash buyers could extend cash offers on your property. This may drive up your selling price.
| Property Max | Houzeo | |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 4.6 Stars (116 Reviews) | 4.9 Stars (7,800+ Reviews) |
| Closing Timeline | 5 to 60 Days | 2 to 60 Days |
| Fees/Commissions | ❌ | $399 |
| Scope for Negotiation | ❌ | ✅ |
| Multiple Offers | ❌ | ✅ |
| Compare Offers | ❌ | ✅ |
2. Property Max vs. Offerpad
Offerpad is an iBuyer. They charge a 6% service fee. Usually, iBuyers offer around 70% to 80% of your home’s equity. With Property Max you will get 50% to 70% of your home’s FMV.
Offerpad purchases properties that require minimal repairs. Before selling to an iBuyer, you will have to go through their eligibility criteria. Property Max buys your home in as-is condition. Additionally, they do not charge any fees.
3. Property Max vs. HomeVestors
HomeVestors also has a similar business model to Property Max. With both the companies you can expect a cash offer around 50% to 70% of your home’s value. But HomeVestors differ from Property Max in terms of coverage and closing timeline.
Property Max is available in 4 states. While, HomeVestors have near-nationwide coverage. Property Max promises to close in as little as 5 days. Whereas, HomeVestors closes the deal in 3 weeks.
“We Buy Houses for Cash” Companies Near Me
There are other “We Buy Houses As Is” companies in the market. You can request an offer from multiple cash companies and pick the one that suits you the best.
Other Options You Should Consider
- Sell For Sale By Owner: For Sale By Owner websites help you list and sell a house yourself, saving thousands in agent commissions. Around one-third of home buyers pay in cash. Hence, selling FSBO helps you to get 100% FMV of your house in cash.
- Sell Through a Realtor: Traditional Realtors list your property on the MLS and help you at every step of home selling. However, you have to pay them 3% of the home’s sale price for this convenience.
- Sell Through Discount Realtors: Discount real estate brokers reduce their commissions to offer affordable services. Their commission varies between 0.5% and 2%.
Should You Sell Your House to Property Max?
Property Max is a good option for home sellers in need of urgent cash. When you sell to them you don’t have to go through appraisals or inspections. You can off-load your property ASAP. However, their offers can be below the fair market value.
To get top dollar we feel listing your property on a cash buyer marketplace like Houzeo.com is beneficial. Your property gets wide exposure that can help attract multiple cash offers.
» Houzeo Reviews: Here’s why 7,800+ home sellers have rated Houzeo 4.9 stars out of 5 on Google and Trustpilot.
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Frequently Asked Questions About Property Max
Is Property Max legit?
Yes, Property Max is a legitimate cash home buying company. Sean Robbins and Jesse Stolz are the founders of the company. Property Max is BBB accredited. Their team has over 30 years of combined experience. Further, they have purchased more than 1,000 properties.
How much money will Property Max offer for my property?
With Property Max, you are likely to get a reduced cash offer. It would probably be 50% - 70% of your home's market value. This is standard industry practice with most cash buyers.
What does Property Max do with the homes they buy?
Property Max purchases houses in as-is condition for 50% to 70% of their fair market value. They deduct renovation costs to arrive at a fair cash offer . Later, they fix them up and sell them at a profit.
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