✏️ 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.
Sisters Who Buy Houses is a cash for houses company. They don't have strict eligibility criteria when purchasing homes. They allow sellers to offload their distressed properties easily and quickly.
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Pros
- You get a cash offer in maximum 48 hours
- Since they purchase distressed homes as is, you save on repair costs
Cons
- Sisters Who Buy Houses makes deals that are just 50% to 70% of your home's FMV
- You may not be able to negotiate your offer with this cash buyer
Sisters Who Buy Houses extend cash offers on homes as-is. They provide quick closing timelines for sellers who don’t have money or time to spare.
However, sisterswhobuyhouses.com’s offerings aren’t as straightforward as they seem. You may have to settle for an extremely lowball offer for your property.
An MLS listing on a cash buyer marketplace like Houzeo can get you 100% of your property’s value. With Houzeo, your listing can be on the MLS within 24 hours. Moreover, you can compare offers from multiple national and local cash buyers, instead of settling for just one lowball offer.
In this blog, let’s look at Sisters Who Buy Houses reviews and their alternatives to help you get the property value you deserve!
Key Takeaways
- Pros: You can offload your distressed property easily with Sisters Who Buy Houses. Unlike iBuyers, they don’t have strict eligibility criteria.
- Cons: Sisters Who Buy Houses typically purchases homes for 50% to 70% of their Fair Market Value (FMV). You cannot negotiate a higher offer and have to lose out on your equity.
- Our Take: We don’t recommend Sisters Who Buy Houses. Instead, list your home on a cash buyer marketplace like Houzeo to get 100% of your property’s Fair Market Value. Compare Houzeo vs. Sisters Who Buy Houses.
What is Sisters Who Buy Houses?
Sisters Who Buy Houses is a company offering cash for homes. They buy houses as is, repair the properties, and sell them for a profit.
Sisters Who Buy Houses claims that if you sell your property with them they will give you a cash offer within 24 hours. So, you save on repairs, showings, and commissions.
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👉 Find Your Property’s Market Value: Review local housing sales data and determine the FMV of your property before requesting a cash offer from Sisters Who Buy Houses.
Sisters Who Buy Houses vs. Houzeo
Selling your house to Sisters Who Buy Houses seems hassle-free. But you pay for this convenience by selling your home at a reduced price.
On the other hand, an MLS listing with Houzeo’s Gold plan equips you with advanced technology to call for the highest and best offers. You can also counter offers to help you get a deal closer to your expectations.
| Sisters Who Buy Houses | Houzeo | |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 3.5 stars (24 reviews) | 4.9 stars (4,523 reviews) |
| Closing Timeline | 2 to 45 days | 2 to 60 days |
| Fees/Commissions | ❌ | $379 |
| Closing Costs | ❌ | 1% to 3% Closing Costs |
| Scope for Negotiation | ❌ | ✅ |
| Repair Costs | ❌ | ✅ |
» Houzeo Reviews: Still not convinced? Read what others have to say about Houzeo.
Sisters Who Buy Houses: Pros and Cons
Sisters Who Buy Houses is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:
✅Sisters Who Buy Houses Pros
Cash home buyers have certain advantages over traditional home-selling processes. Let’s see how Sisters Who Buy Houses matches up to these expectations.
- Buy As Is Houses: This “We Buy Homes Fast” company purchases houses as is. So, even if your property is facing foreclosure or needs heavy repairs, you will get a cash offer.
- Fast Cash Offer: Sisters Who Buy Houses is known for extending cash offer within 24 hours. So, you can get quick cash in hand if you’re in a hurry.
- Quick Closing: Sisters Who Buy Houses reviews say they close in 2-45 days. They also have a flexible timeline and can close on a date suitable to you.
- No Service Fees: This cash buyer doesn’t charge any service fee when you sell your house to them. You save money while enjoying the convenience of a quick sale.
⛔ Sisters Who Buy Houses Cons
Sisters Who Buy Houses complaints reflect the following disadvantages of the company:
- Lowball Cash Offers: Your cash offer could be just 50% to 70% of your home’s market value.
- Little to No Scope for Negotiation: With cash home buyers like Sisters Who Buy Houses, you don’t have room to negotiate your cash offer. If you still want to try your luck, ensure that you back your arguments with proof.
- Limited Coverage: This cash buyer caters to home sellers in Kentucky and Indiana.
» 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.
Best Alternatives to Sisters Who Buy Houses
Even if you want to sell your house fast for cash, look for some alternatives better than Sisters Who Buy Houses. We’ve listed three below:
1. Houzeo
Houzeo is one of the best FSBO websites in America that lets you list your home on the MLS in just 24 to 48 hours. Here, multiple national and local cash home buyers make offers on your property, driving up its price. You can even get 100% of your home’s FMV.
So, why settle for just one offer when you have the pick of the lot with this Flat Fee listing service?
2. Opendoor
Opendoor is the largest iBuyer in America extending cash offers for homes needing minimal repairs. They generally pay 70% to 80% of your home’s FMV but deduct a 5% service fee, closing costs, and repair costs from the offer.
3. HomeVestors
HomeVestors is a cash home buyer franchise offering 50% to 70% of the home’s FMV. However, they may deduct repair costs at closing. Further, since each office is independently owned, you won’t get consistent service across the country.
“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.
Should You Sell Your House to Sisters Who Buy Houses?
No, we do not recommend sisterswhobuyhouses.com to sell your home. Their extremely lowball offers may deprive you of your hard-earned money.
But, if you’re primary goal is to get a fast cash offer for your home, only then opt for Sisters Who Buy Houses. Know that your property gets exposure only from one firm.
In contrast, when you list on a cash buyer marketplace like Houzeo.com, your property gets exposure from nationwide cash home buyers. You can get multiple offers and maybe even top dollar for your property when you list on MLS.
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Frequently Asked Questions About Sisters Who Buy Houses
1. Is Sisters Who Buy Houses legitimate?
Yes, Sisters Who Buy Houses is a legitimate company. They have been buying homes for cash since 2014.
2. How much money will Sisters Who Buy Houses offer for my property?
Sisters Who Buy Houses reviews highlight that the company uses the 70% rule when determining their cash offers. So, they'll only pay 70% of your home's market value. You can gain up to 100% of the market value by listing your property on a cash buyer marketplace like Houzeo.
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