In Q2 2024, over 30% of US homes sold for cash. A cash sale means no repairs, no delays, and a quick 7-14 day closing. No wonder Arkansas homeowners ditch repairs and choose cash buyers for a hassle-free sale!
But here’s a downside! Cash buyers offer just 30% to 70% of your home’s Fair Market Value. Don’t stress—just enter a cash buyer marketplace. Here you can receive offers that can reach up to 100% of your home’s value!
Reviews: 5 Best Cash House Buyers in Arkansas
1. Houzeo.com: Arkansas’s #1 Cash Home Buyer Marketplace
MAX EXPOSURE TO CASH BUYERS
Listing Fee: $199Houzeo is the best option if you’re looking for multiple cash offers. Your MLS listing will be exposed to local and national cash buyers, increasing the number of offers you receive.
- Pricing:
- Silver Plan – $199: 6-month MLS listing, 24 photos.
- Gold Plan – $249: Maximum photos, contract review, seller disclosures, licensed broker assistance.
- Platinum Plan – $299: Everything in Gold with a 12 month listing and virtual full-service with licensed broker.
» Houzeo Reviews: Find out why Houzeo is one of America’s best cash buyer marketplaces.
Houzeo is America’s #1 cash buyer marketplace because of 5 reasons:
- Max Exposure: Houzeo’s packages give you access to the MLS and 100s of websites like Zillow, Realtor.com, Redfin, etc.
- 5-Star Customer Service: Houzeo’s customer service desk is available 6 days a week. Chats and emails are open 7 days a week.
- 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers.
- No Listing Commission: You’ll pay just a small flat fee to list on MLS. You get to bypass the 3% listing agent commission!
There are no dealbreakers with Houzeo.
» Houzeo Pros and Cons: Read the advantages and disadvantages of choosing Houzeo to sell your home for cash.
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
With Houzeo, you can connect with Arkansas’s best cash home-buying companies and individual investors. You can also get multiple competitive offers for your home. This increased exposure helps you get maximum profit.
2. 365 Property Buyers
CASH HOME BUYER
Service Fees: None365 Property Buyers is a cash home-buying company that purchases houses in any condition. They offer competitive cash deals for homeowners looking to sell their properties as-is.
- Service Fee: None
- Typical Offer: 50% to 70% of Fair Market Value (FMV)
- Types of Properties Purchased: All types of properties, any reason, any condition, or any challenge.
- Closing Offer Terms: On average, the closing time is 7 days.
👉 Our Take: 365 Property Buyers is a local cash home buyer that makes unconventional house selling easy. Since there are multiple offers, you can pick one at your convenience.
- Instant Cash Offer: You will get a competitive cash offer within 24 hours.
- Sell As-Is: You can sell your house as is without making repairs or staging the home for listing.
- No Additional Costs: There are no commissions. You do not even need to pay closing costs.
- Flexible Closing: The closing date can be at your convenience.
- Lowball Cash Offer: They tend to offer less than what sellers might achieve on the open market, with cash offers typically ranging from 50% to 70% of the property’s fair market value (FMV).
- Not 100% Online: The company operates with a limited tech stack, which means many processes, such as requesting a counteroffer or managing inspections, are handled offline and manually. They also do not have a mobile app.
- Condition of Property: While they buy homes in any condition, the offer may significantly vary based on the extent of repairs needed.
- Limited Coverage: Their coverage may be limited to specific regions, potentially excluding sellers in certain areas who are seeking quick cash offers.
365 Property Buyers has 5 out of 5 stars from 11 reviews on Google Reviews.
» 365 Property Buyers Reviews: Read our in-depth reviews on 365 Property Buyers and choose accordingly.
365 Property Buyers operates in select regions and specializes in purchasing distressed properties in their current condition.
However, be cautious of low cash offers and non-negotiable terms. It’s advisable to thoroughly review any documents before signing.
3. ASAP Cash Home Buyers
NATIONWIDE COVERAGE
Service Fee: NoneASAP Cash Home Buyers, founded in 2013, offers quick and hassle-free home sales. It specializes in assisting homeowners who need to sell their property fast for cash.
- Service Fee: None
- Typical Offer: 50% to 70% of the Fair Market Value (FMV)
- Eligible Properties: The company buys properties that have structural issues, have bad mortgage financing, and are located in high-crime areas. They also offer cash for inherited houses and empty lots.
- Closing Offer Terms: You close the deal 3 weeks after accepting the offer. You also have the option to choose a closing date that suits your needs.
👉 Our Take: ASAP Cash Home Buyers is a good choice if you want to save on repair costs. However, you have to settle for a price that’s almost half of the home’s fair market value when you sell as is.
- Nationwide Coverage: The cash home buyer offers its services in all the 50 states of the U.S.
- Flexible Closing Date: You can choose a closing date that works best for you.
- No Hidden Costs: ASAP Cash Home Buyers mention all their fees upfront.
- Purchase of Distressed Home: You can sell your home as-is to save time and help close the deal faster.
- Varying Level of Service: ASAP Cash Home Buyers partners with independent investors nationwide. Therefore, there’s no guarantee that you will work with a knowledgeable and responsive buyer.
- Only Purchase Homes: ASAP Cash Home Buyers does not buy property interests like timeshares, hotels, or rental communities. Thus, if you want to sell other properties, you need to consider other options.
- Limited Negotiation: Since they have a streamlined process, it can result in fixed terms and conditions. This means you have less opportunity to negotiate on the offered price.
ASAP Cash Home Buyers has a rating of 4.8 out of 5 stars with 40+ reviews on Google.
» ASAP Cash Home Buyer Review: Read our in-depth analysis.
ASAP Cash Home Buyers is a real estate professional group with over a decade of experience. They have nationwide coverage but in every state, you have different buyers which may not assure you a similar quality of service.
5. HomeVestors
NATIONAL CASH BUYER
Service Fee: NoneHomeVestors is a nationwide network of real estate investors that operates independently. This cash home buyer company is the parent brand of We Buy Ugly Houses.
- Service Fee: None.
- Typical Offer: You may get 50% to 70% of Fair Market Value (FMV).
- Eligible Properties: Properties that need extensive repairs, homes in less expensive neighbourhoods.
- Closing Offer Terms: HomeVestors provides a flexible closing date, up to 30 days out. Offer terms are inflexible and depend on your region’s local real estate investor.
- Fast Cash for Distressed Homes: HomeVestors investors make fast cash offers, regardless of your property’s condition. The initial offer is based on comparable properties in the area and housing market trends.
- Zero Service Fees: HomeVestors doesn’t charge any service fee when you sell your property for cash.
- Zero Upfront Costs: When selling to HomeVestors, you don’t need to prep the home or worry about repairs. There is no listing paperwork or need for photography.
- Near Nationwide Coverage: HomeVestors has 1,000 independently owned franchisee offices in 45 states.
- Lowball Cash Offers: HomeVestors may extend an offer that is significantly below your home’s fair market value. This is lower than what you could get on the open market.
- Inconsistent Quality of Service: When you sell to HomeVestors, you sell your house to a local investor. The service quality will differ based on that investor’s franchisee.
- Aggressive Marketing: Once property owners show interest in the services of HomeVestors, they may be harrassed with endless mails, calls, and in-person visits.
HomeVestors has 1.43 out of 5 stars with 30+ reviews on Better Business Bureau.
HomeVestors Reviews: Read this review to get an idea of how the franchise-based model of the company works.
HomeVestors is the biggest cash home buyer franchisor in the U.S., with over 800 offices nationwide. Each HomeVestors office is independently owned and operated by a local real estate investor.
HomeVestors’ investors typically deduct the cost of repairs at closing and offer 50% to 70% of the fair market value.
4. Fast Home Offer
INTERNATIONAL COVERAGE
Service Fee: NoneFast Home Offer is the largest marketplace for home sellers who want to sell houses for cash. They connect real estate investors nationwide with homeowners who need to sell their houses quickly.
- Service Fee: None
- Typical Offer: 50% to 70% of the Fair Market Value (FMV)
- Eligible Properties: Fast Home Offer gives cash for apartment complexes, condos, town homes, commercial buildings, raw land, and mobile homes with land attached.
- Closing Offer Terms: Once you accept the offer, the cash home buyer can close the deal within 7-14 days depending on your individual situation.
👉 Our Take: Fast Home Offer is a good choice for people who want to sell their distressed homes fast, but it usually results in low non-negotiable offers. Therefore, if you want to maximize your gains, you can consider other options to sell your home as-is.
- Sell As-Is: You can sell your house as-is without worrying about making repairs.
- Quick Closing: Fast Home Offer has an average closing timeline of 7-14 days after you accept the offer.
- No Additional Cost: The cash home buyer does not charge you any fee for buying your house.
- Experienced Investors: They can help make a smoother home buying-selling process by providing informed guidance, efficient negotiations, streamlined paperwork, and potential financing solutions.
- Varying Level of Service: When you work with marketplace like Fast Home Offer, you will work with independent investors. Therefore, the quality of service you receive will differ depending on the investors knowledge and experience.
- Limited Reviews: The cash marketplace has only 3 reviews on BBB, including those from dissatisfied clients.
» Pros and Cons of Fast Home Offer: Read further to learn more.
Fast Home Offer has a rating of 3.67 out of 5 stars from 3 reviews on Better Business Bureau.
» Fast Home Offer vs. Houzeo: Which is the better choice for you?
Fast Home Offer is a local cash home buyer founded in 2003. They are a nationwide network of real estate investors.
There are no hidden costs or undisclosed fees. However, they have little to no reviews to make them credible enough.
Are Companies That Buy Houses for Cash in Arkansas Legit?
Yes, companies that buy houses for cash are legitimate and operate legally nationwide. In fact, the National Association of Realtors (NAR) validates cash buyers in the Natural State. However, be sure to read company reviews and seller testimonials to find a legitimate cash buyer.
3 Types of Companies That Buy Homes in Arkansas
- We Buy Houses for Cash Companies: Cash buyers like HomeVestors and ASAP Cash Home Buyers purchase distressed homes, typically paying 30% to 70% of their FMV.
- iBuyers: iBuyers, such as Offerpad, provide instant cash offers between 70% and 80% of the FMV. They have strict eligibility requirements, limiting the types of homes they purchase.
- Home Trade-In Services: Companies like Knock or Orchard offer cash for your home before you move out. This helps you buy your new house without any delay.
4 Steps to Sell Your Home for Cash in Arkansas
Not sure how to sell your home for cash in Arkansas? Just follow these 4 steps:
- Find a Cash Home Buyer: Research all local companies buying houses for cash and opt for one with great client testimonials.
- Request an Offer: Once you’ve selected a cash buyer, request an offer on their website. You’ll have to provide information like the property type, number of rooms, asking price, etc.
- Schedule a Home Visit: A company representative will then inspect your house. The final cash offer will be based on the outcome of this inspection.
- Close the Deal: If you’re happy with the offer, finalize the deal. Remember to get all the paperwork for selling a house without a Realtor verified by a real estate attorney.
How Much Do Cash Buyers in Arkansas Pay?
Arkansas cash house buyers usually offer between 30% to 70% of a home’s After-Repair Value. However, it depends on factors like the company you’re selling to, their service fees, etc. Here’s how the After-Repair Value is calculated:
After-Repair Value (ARV) = Property Purchase Price (PPP) + Cost of Repairs (COR)
Imagine if you were selling your $255,900 home in Arkansas. With a traditional cash home buyer, you could get just $179,130. But on a cash buyer marketplace like Houzeo, you could get multiple offers, potentially driving your sale price to 100% of its FMV.
| Service Provider | Service Fee | ARV Estimate | Actual Offer |
| Cash Buyer | None | 70% | $179,130 |
| iBuyer | 5% | 80% | $204,720 |
| Houzeo | $199* | Up to 100% | $255,151 |
» Houzeo Reviews: Find out why Houzeo is Arkansas’s best cash buyer marketplace.
Pros and Cons of Cash Home Buyers in Arkansas
Given that more sellers are opting for companies that buy houses for cash in Arkansas, here are some pros and cons you must consider before you sell with them:
✅ Pros
- Fast Cash Offers: “We Buy Houses for Cash” companies extend offers within 24-48 hours.
- Flexible Closing: Cash buyers in Arkansas close quickly and on your timeline. So you can sell your home anywhere between 7 days to 30 days.
- No Repair Costs: Most cash buyers purchase properties as-is. This eliminates the need for repairs, saving thousands of dollars.
❌ Cons
- Lowball Cash Offers: Arkansas cash house buyers typically pay only 30% to 70% of a home’s FMV. So you leave a significant amount of your home’s equity on the table.
- Non-Negotiable Deals: Such cash offers are usually take-it-or-leave-it. There’s little to no room for negotiation, which limits your ability to secure a better offer.
- Possible Closing Costs: Some cash buyers might force you to pay seller closing costs in Arkansas. Always check the terms, or you could be out 6.25% to 9%!
Common “We Buy Houses for Cash” Scams 🚩
If any Arkansas cash home buyer extends an offer that seems to-good-to-be-true, it probably is. Stay alert, and don’t fall victim to the following scams.
- Bait-and-Switch Offers: Scammers present appealing offers and then change them later, hoping you’ll accept out of desperation. Always verify the terms before you sell your house for cash or accept an offer.
- Deed Fraud: Fraudsters can sell or mortgage your home without your consent using fake documents. Check customer testimonials and online reviews before you select a cash buyer.
- Loan-Flipping Scams: Some scammers may pressure you to sell your home fast for cash by offering loans that drain your equity. Always consult a trusted advisor before agreeing to any cash offer.
- Email Phishing: Scammers send fraudulent emails pretending to be agents, title companies, or lenders. They trick you into wiring money or providing personal details for fake services. Always confirm the authenticity of any cash offer for a home via a phone call.
» We Buy Houses Ripoff: Learn how to avoid falling victim to the scam.
Alternatives to Companies That Buy Houses for Cash in Arkansas
- Flat Fee MLS Services: You can get up to 100% of your home’s FMV with a Arkansas Flat Fee MLS listing service. Your home is visible to multiple cash buyers, increasing your offers.
- For Sale By Owner: In a FSBO sale, you’ll have to opt for “DIY” marketing strategies like using yard signs, word of mouth, open houses, etc. Arkansas FSBO websites also limit your home’s exposure, which lowers your home sale price.
- Full-Service Realtors: They provide various services from listing to closing, but charge a hefty 5% to 6% commission.
- Discount Real Estate Brokers: They offer services like contract review and negotiation for a lower fee than traditional agents. Discount brokers in Arkansas charge between 0.5% to 2.5% as commission.
Should You Sell to Cash Home Buyers in Arkansas?
Yes, you can sell to cash buyers. But say goodbye to 30% to 70% of your home’s equity. That’s the price you pay for a quick sale. On the other hand, on a cash buyer marketplace, you can get multiple offers, sell fast, and potentially keep more money.
Frequently Asked Questions
Which is the best company that buys houses for cash in Arkansas?
Houzeo is the best cash buyer marketplace in Arkansas. Companies like ASAP Cash Home Buyers and 365 Property Buyers are other great options for selling homes for cash.
How can you sell to companies that buy houses for cash in Arkansas?
To sell to companies that buy houses for cash, first research local cash buyers in Arkansas or use a cash buyer marketplace. Then, submit your home’s information and get an offer within 24-48 hours. You can complete the sale in as little as a week once you finalize the agreement.
How fast can I sell my Arkansas house?
You can sell your house fast for cash in Arkansas within 7 to 30 days with a cash home buying company. However, you get only 30% to 70% of your property's Fair Market Value. To get a higher price, sell to a cash buyer marketplace like Houzeo and attract multiple cash offers.
What to look for when choosing cash home buyers?
Look for legitimate cash home buyers that have a great reputation in the industry. They should have positive customer reviews on platforms like Google and Trustpilot that highlight their transparent processes and fair offers.
