ASAP Cash Offer Reviews: Fair Offers or Not?

ASAP Cash Offer is a cash buyer based in Miami. They purchase homes as-is all across the US. They give a fast cash offer and a quick closing timeframe.

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Pros

• Get a cash offer within 24 hours
• No repair and closing costs
• Close in as little as 7 days

Cons

• Cash offer might be between 50% - 70% of the FMV
• No scope to negotiate offers
• Doesn't have credible customer reviews

ASAP Cash Offer is a cash buyer. They help you close on your home within 7 days or at your preference. On average, it takes around 52 days to sell your home on the MLS. So, you close around 7.5 times faster with ASAP Cash Offer.

Furthermore, ASAP Cash Offer buys homes as-is. By as-is, they refer to all types of properties. This means if your property is distressed and needs significant repairs, you don’t have to fix it up for sale.

This company does not request upfront fees, but you might pay by settling for a lower offer. While their official website does not disclose any pricing information, usually cash buyers extend offers between 50% – 70% of your home’s FMV.

Additionally, ASAP gives a single no-negotiable cash offer. Therefore, we suggest alternatives like cash buyer marketplaces. You get multiple cash offers on these marketplaces. So, your chance of securing a top-dollar deal increases.

✍️ Editor’s Take: List your home on a marketplace like Houzeo. Houzeo will get you on the MLS which attracts multiple cash buyers and investors. Houzeo’s tech-centric platform helps you manage your listing and get the best price. Compare ASAP Cash Offer vs. Houzeo.

Is ASAP Cash Offer Legit?

Yes, Miami-based ASAP Cash Offer is a legitimate cash buyer. They were founded by a seasoned real estate investor and marketer Devon Wayne in 2011. He has a YouTube channel where he shares real estate advice.

As per our research, ASAP Cash Offer’s website has screenshots of Google reviews that do not seem to correspond to actual reviews. This slightly puts the authenticity of the displayed reviews under question. Also, ASAP Cash Buyer doesn’t have a BBB accreditation.

What Types of Properties Does ASAP Cash Offer Purchase?

ASAP Cash Offer purchases all kinds of homes from sellers. Some of these houses include:

• Inherited properties
• Homes with structural damages
• Rental properties with tiresome tenants
• Houses facing foreclosure

👉 Note: ASAP Cash Offer helps sellers in various situations. These include fire damage, bankruptcy, job loss, etc.

How to Sell With ASAP Cash Offer?

You can sell to ASAP Cash Offer by following these 4 steps:

• Submit information on the website: Enter essential details – your name, home address, email, etc. on their website.
• Schedule a visit: Meet in person with the evaluation expert or ASAP might ask you to share photos of your home.
• Get a cash offer: Receive a written, no-obligation cash offer within 24 hours.
• Close the deal: Select the closing date as per your preference if you like the cash offer.

🚨 Remember: Your net proceeds with ASAP Cash Offer will be less than the sale price. This is because of various deductions like commissions and prorated property tax.

ASAP Cash Offer Locations

ASAP Cash Offer provides nationwide services. This includes the East and West coasts, the Northern and Southern US, and Hawaii.

How Much Does ASAP Cash Offer Pay?

It is standard industry practice for cash buyers to pay around 50% – 70% of your home’s FMV. ASAP Cash Offer does not disclose any information regarding pricing on their website. Based on our understanding, you can expect a similar payout with this cash buyer.

For example, if the fair market value of your home is $300,000, you can expect an offer in the range of $150,000 – $210,000.

» 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.

⭐ Note: ASAP Cash Offer doesn’t charge any fees from the seller. They pay all closing costs.

ASAP Cash Offer Reviews

As mentioned before, we could not find any reviews for this cash buyer on Google, Trustpilot, and BBB. The lack of customer reviews makes it difficult for us to comprehensively assess the company and its operation.

Pros and Cons

Let’s have a look at the pros and cons of ASAP Cash Offer:

👍Pros

• Quick Closing: You can close in as little as 7 – 28 days.
• Nationwide Coverage: ASAP Cash Offer has nationwide coverage. So, you can sell from anywhere across the US.
• Buys Home As-is: You don’t need to conduct repairs before selling your home.
• No Fees: You don’t have to pay any fees, commissions, and closing costs to work with them.

👎Cons

• Lowball Cash Offers: When you sell to a cash buyer, you are likely to lose 30% – 50% of your home’s equity. This is standard industry practice. So, ASAP may do the same.
• No Scope for Negotiation: Cash buyers usually don’t negotiate their offers. Expect the same with ASAP.

ASAP Cash Offer Reviews: ASAP Cash Offer Competitors

We have divided these competitors based on three parameters – sale price, coverage, and home eligibility criteria.

1. ASAP Cash Offer vs. Houzeo

ASAP Cash Offer extends only one offer. As they are a cash buyer, their offers range between 50% – 70% of your home’s FMV. While ASAP offers quick closing, you pay for this by losing on your home’s equity.

Houzeo is a cash buyer marketplace that helps sellers list their property on the MLS. You get multiple cash offers instead of one. As a result, your chance of securing a good deal increases.

2. ASAP Cash Offer vs. We Buy Houses

We Buy Houses is a famous cash buyer that purchases properties as-is. They have local offices throughout the country. We Buy Houses also buys properties in the same price range i.e. 50% – 70% of the FMV.

We Buy Houses is at par with ASAP Cash Offer in terms of coverage. In terms of credibility, We Buy Houses is better. They have credible reviews and an A+ BBB accreditation.

3. ASAP Cash Offer vs. Offerpad

Offerpad is one of the largest iBuyers in the US. They provide quick cash offers with their seamless machine-learning technology. Moreover, they pay around 70% – 80% of the FMV for your home.

ASAP Cash Offer is a cash buyer that offers 30% – 50% less than the FMV. They purchase all kinds of properties. In contrast, Offerpad has strict home eligibility criteria. This is the reason why they offer a better price.

“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%.

ASAP Cash Offer Reviews: Are They a Good Choice For You?

It depends. ASAP Cash Offer is a good choice if you want to sell your property fast. They help you sell in any situation. However, they might not be the best for securing the highest cash offer.

Cash buyer marketplaces like Houzeo let you browse through multiple cash offers. This empowers you to demand the highest price for your home. Houzeo’s tech-centric platform helps you to compare and manage offers.

» Houzeo Reviews: Read what customers have to say about Houzeo.

ASAP Cash Offer Reviews: Frequently Asked Questions

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