Companies that buy houses for cash account for 33% of all home sales in Florida. Naples topped this list with 60% cash sales, and North Port at 56%. After hurricanes like Milton, many homeowners seek quick cash sales due to property damage and high insurance costs.
While cash buyers offer fast closures in 7 to 14 days, not all provide a Fair Market Value. Check our rankings for maximum sale profits!
Reviews: 7 Top Cash Home Buyers in Florida
1. Houzeo: Florida’s #1 Cash Home Buyer Marketplace
MAX EXPOSURE TO CASH BUYERS
Listing Fee: $3994.9/5
Houzeo 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.
- Fee: Houzeo does not charge any undisclosed closing fee.
- $399 + $350 at Close: 6-month MLS listing, 24 photos
- $399+0.5% at Close: Maximum photos, premium yard sign
- $429+0.5% at Close: Pricing assistance, contract review, seller disclosures, licensed broker assistance
- $449+1% at Close: Virtual full-service with licensed broker, offer negotiations
- Typical Offer: Up to 100% of your property’s Fair Market Value.
- Eligible Properties: On Houzeo Marketplace, you can sell your house as is.
- Closing Offer Terms: You can specify your preferred closing date and the closing offer terms.
👉 Our Take: For sellers looking to maximize their cash offers, we recommend Houzeo’s Gold plan. You can access Houzeo’s advanced features to negotiate the best terms for your cash offer.
» 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! All fees are disclosed upfront, so there are no Houzeo hidden fees.
- Home Value Estimator: Houzeo’s home value estimator can get you a quick and free estimate of your property’s market value in 30 seconds.
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 Florida’s top 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. Florida Cash Home Buyers
LOCAL CASH BUYER
Service Fee: None4.9/5
Florida Cash Home Buyers provides quick cash offers for distressed homes, based on the property’s After Repair Value (ARV). Sellers can expect offers below market value.
- Typical Offer: 65% to 80% of Fair Market Value (FMV)
- Service Fee: None
- Eligibility: Florida Cash Home Buyers offers cash for properties with structural issues, bad mortgage financing, inherited properties, homes facing foreclosure, etc.
- Closing Offer Terms: Florida Cash Home Buyers offers a closing period of 15 to 30 days, depending on your urgency and the chosen offer package.
👉 Our Take: Florida Cash Home Buyers is a good local “We Buy Houses in Florida” company to sell your distressed property fast. However, beware of lowball cash offers.
- Fast Cash Offers: Florida Cash Home Buyers provides no-obligation cash offers within 2 days. Many sellers have received offers within hours of submitting their property details on their website.
- Flexible Closing: This cash buyer lets you sell your home according to your timeline – whether you want to sell in 15 days or 30 days.
- Statewide Coverage: Florida Cash Home Buyers purchases properties in 100+ markets in the Sunshine State.
- Zero Service Fees: When selling to Florida Cash Home Buyers Com, you don’t have to pay any service fee. You also save money on repair and closing costs.
- Lowball Cash Offers: This Florida house cash buyer may extend lowball cash offers of around 65% to 80% of the property’s fair market value. This is lower than what you could get on the open market.
- Limited Scope for Negotiation: Florida Cash Home Buyers extends “take-it-or-leave-it” offers. You can try to negotiate, but usually, they won’t budge.
» Florida Cash Home Buyers Pros and Cons: Here are some more pros and cons of Florida Cash Home Buyers that can help you make an informed decision.
Florida Cash Home Buyers has 4.9 stars out of 5 from 150+ reviews on Google Reviews.
» Florida Cash Home Buyers vs. Houzeo: Which is the better choice for you?
Florida Cash Home Buyers offers quick closures, cash advances, and flexible move-out dates. They specialize in inherited properties with free probate services. They also provide as-is sales with no repairs or seller disclosures.
3. House Heroes
NO HIDDEN FEES
Service Fee: None4.9/5
House Heroes is a local cash buyer in Florida. They extend quick cash offers within 24 hours after a property assessment.
- Fee: House Heroes has no service fees or hidden closing costs.
- Typical Offer: They extend offers that are 30% to 70% of the property’s fair market value.
- Eligible Properties: House Heroes purchases properties in any condition. This includes homes needing repairs, foreclosures, inherited homes, rental properties, and those sold due to urgent relocations or divorce settlements.
- Closing Offer Terms: Sellers can choose their preferred closing date.
👉 Our Take: House Heroes promises quick cash offers within 24 hours. However, the property assessment can delay your sale.
- Quick Offers: You can get a cash offer quickly, often within 24 hours of the property assessment.
- Transparent Fees: House Heroes has no hidden fees or commissions, ensuring clarity throughout the process.
- Flexible Timeline: When dealing with House Heroes, you can sell your house as is and choose your preferred closing date.
- Low-ball Offers: House Heroes may offer you a price that’s 30% to 70% below market value as they factor in the cost of repairs and resale.
- Limited Scope for Negotiation: House Heroes extends “take-it-or-leave-it” offers. You can try to negotiate, but usually, they won’t budge.
- Limited Coverage: This company buys houses only in Florida.
House Heroes has 4.9 stars out of 5 on Google Reviews, with 55 reviews.
» House Heroes Reviews: Are you getting a fair deal? Find out now.
House Heroes offers a fair, no-obligation cash offer for your home in as little as 24 hours. Sellers can skip repairs, mortgages, appraisals, and open houses when selling with them.
4. Opendoor
BIGGEST IBUYER
Service Fee: 5%4.4/5
Opendoor is the country’s biggest iBuyer. They offer cash for your home within 24 to 48 hours of submitting your details on their website. Opendoor is also flexible with closing timelines and move-out dates.
- Service Fee: 5% of the home sale price.
- Typical Offer: 70% to 80% of your property’s fair market value.
- Eligible Properties: Opendoor will make cash offers only on owner-occupied properties built post-1930 with a maximum lot size of 1.5 to 2 acres. Prefabricated homes, inherited properties, or homes with tenants do not qualify for Opendoor’s cash offer.
- Closing Offer Terms: Opendoor lets you close at your pace, up to 45 days after their offer. The final offer may change after the home inspection.
👉 Our Take: Opendoor will likely make a cash offer on your home quickly. But you will end up leaving almost 20% to 30% of your home equity on the table.
- Broad Coverage: Opendoor makes cash offers for houses in 51 markets across the country.
- Flexible Closing Dates: Opendoor allows you to close at your convenience – up to 45 days after their offer.
- Late Checkout up to 14 Days: Opendoor lets you temporarily stay in your home for up to 2 weeks after closing.
- No Cancelation Fees: You can cancel the contract without any cancelation fee.
- Lowball Cash Offer: Opendoor’s final cash offer may be below the property’s fair market value, around 70%. They also deduct repair and closing costs.
- Hefty Service Fees: Opendoor charges a steep 5% service fee for their services.
- Opendoor May Back Out of the Deal: Some homeowners have had a bad experience with Opendoor. Opendoor backed out of the cash deal at the last minute, leaving the homeowner stranded.
- Undisclosed Repair Cost Breakdown: The difference between Opendoor’s preliminary offer vs. final offer can be humongous. In many cases, sellers were forced to pay for unnecessary “repairs”.
- Strict Eligibility Criteria: Opendoor doesn’t pay cash for inherited properties, homes with tenants, pre-fabricated or mobile homes, and properties located in a flood zone.
Opendoor has a rating of 4.4 out of 5 stars on Reviews.io.
» Opendoor Reviews: Read customer reviews and our breakdown of Opendoor’s cash offer to make an informed decision.
Opendoor is a good option if your home needs minimal repairs. You can get approximately 80% of your property’s Fair Market Value. However, this means leaving thousands of dollars on the table. Their service fee is also a steep 5% of your home’s sale price.
5. Offerpad
QUICK CLOSING
Service Fee: 5%2.7/5
Offerpad is an iBuyer that makes cash offers on homes that meet their eligibility criteria. This cash offer is based on their patented evaluation tool’s calculations.
- Typical Offer: It is 70% to 80% of the market value of your property.
- Service Fee: 5% of the home sale price and 1% as closing costs.
- Eligibility: Offerpad offers cash for houses built after 1960, with a maximum lot size of 1 acre, and a max valuation of up to 1M. Homes with foundational issues are not eligible.
- Closing Offer Terms: They make an initial offer within 24 hours of submitting your details. However, the final offer may change after they conduct a home inspection.
👉 Our Take: When you sell to Offerpad, you can close in as early as 2 weeks. So, if you want to sell fast and are open to leaving cash on the table Offerpad is a good option.
- Lightning Fast Closing: With Offerpad’s cash-for-house offer, you can close your property in a fortnight.
- Save on Minor Repair Costs: When you sell your house for cash, you don’t incur upfront costs to fix, prepare or stage your house.
- Extended Checkout: You can extend your stay in your home even after the closing date.
- Broad Coverage: Offerpad buys houses for cash in 27 markets across the country.
- Lowball Cash Offer: Offerpad extends two offers- an initial one and a final one. The difference between the two can be quite high. One home seller was offered $189,000 initially but received a lowball offer of $149,000 post Offerpad’s home inspection.
- High Service Fees: Offerpad charges a steep 5% service fee for their cash offer. This fee covers title insurance, escrow fees, HOA transfer fees, taxes, etc.
- Offerpad Cancelation Fee – 1%: If you’re 4 days from closing and decline Offerpad’s cash offer, they’ll charge 1% of the home sale price as a cancelation fee.
Offerpad has a 2.7 out of 5-star rating on TrustPilot.
» Offerpad Reviews: See what customers have to say about Offerpad.
Offerpad is a cash home-buying company that offers all-cash offers within 24 to 48 hours. They offer up to 80% of your home’s fair market across 1700+ cities. With their advanced algorithm, they compare local properties to calculate competitive offers.
6. We Buy Ugly Houses
NATIONWIDE COVERAGE
Service Fee: None2.6/5
We Buy Ugly Houses is a well-known cash home-buying company that helps homeowners sell their houses fast. It offers a fast, hassle-free sale without the need for repairs or renovations.
- Sell at $0 Commission: You can sell your home with a few photos and a basic property description without paying any agent commission.
- No Closing Costs: You don’t have to pay any closing costs as the company pays them.
- Typical Offer: 50% to 70% of your property’s fair market value.
👉 Our Take: We recommend We Buy Ugly Houses for a quick and hassle-free sale. You can negotiate the price for your home and close the deal without closing fees.
- Sell Your Home As Is: You can save thousands in repair costs by selling your distressed home as is.
- Cash Offer in Any Condition: You can get a cash offer, no matter what shape your home is in.
- Quick Closing Timeline: Once you accept the offer, you can sell your house within 2 weeks.
- Low Ball Offers: Cash offers are typically 50% to 70% of your home’s fair market value, depending on the condition and location of the house.
- Limited Negotiation: You might have less room to negotiate the final offer.
- Not Ideal for High-Value Homes: This option may not be best for homes in high-demand areas where you could get more by listing on the MLS.
We Buy Ugly Houses is rated 2.6 out of 5 stars on Yelp
» We Buy Ugly Houses Reviews: Read this in-depth review to learn more about them.
We Buy Ugly Houses has purchased over 150,000 homes for cash, in any condition. They operate in a few locations in the country including Florida. They offer 30% to 50% of your home’s Fair Market Value if it requires extensive repairs.
7. We Buy Houses in Florida
QUICK AND EASY SALES
Service Fee: None1/5
We Buy Houses is a network of pre-vetted real estate investors. Each investor is thoroughly screened before being authorized to operate independently.
- Service Fee: None
- Typical Offer: 50% to 70% of the property’s fair market value.
- Eligible Properties: Distressed properties with structural issues, homeowners facing relocation, flawed mortgage financing, inherited homes, or homes in high-crime neighborhoods.
- Closing Offer Terms: We Buy Houses provides a flexible closing date, typically 7 to 14 days. The offer terms are not flexible.
👉 Our Take: We Buy Houses is an ideal option to sell your home quickly without the hassle of repairs. However, be prepared to settle for a lowball offer.
- Fast Cash Offers: You will typically receive the initial cash offer within 2 days.
- Zero Service Fees: We Buy Houses doesn’t charge any service fee in exchange for the convenience of selling your home for cash.
- Fast Closing: We Buy Houses can complete the entire home sale process in just 7 days after you accept their offer.
- Zero Repair Costs: When selling to We Buy Houses, you don’t need to prep the house or worry about repairs.
- Service Quality Varies: We Buy Houses operates on a franchise model. It means service quality can vary depending on the location.
- Limited Scope for Negotiation: We Buy Houses extends “take-it-or-leave-it” offers. You can try to negotiate, but usually, they won’t budge.
- Unsolicited Calls: Some reviews mention receiving unsolicited calls and texts from the company.
» We Buy Houses vs. Houzeo: Learn why Houzeo is better than “We Buy Houses”.
We Buy Houses has 1 star out of 5 on Better Business Bureau from only 4 customer reviews.
» We Buy Houses Reviews: Read this comprehensive review to learn more about the company.
We Buy Houses in Florida purchases homes in any area, or condition including vacant land or fire-damaged properties. They also handle expired listings, foreclosures, and probate sales. Sellers get guaranteed offers with no obligation, and the contact information stays private.
Companies That Buy Houses for Cash Near Me in Florida
| 1. Fort Lauderdale, FL | Cash Home Buyers Fort Lauderdale, FL |
| 2. Miami, FL | Cash Home Buyers in Miami, FL |
| 3. Orlando, FL | Cash Home Buyers in Orlando, FL |
| 4. Tampa, FL | Cash Home Buyers in Tampa, FL |
| 5. West Palm Beach, FL | Cash Home Buyers in West Palm Beach, FL |
| 6. Sarasota, FL | Cash Home Buyers in Sarasota, FL |
| 7. Pensacola, FL | Cash Home Buyers in Pensacola, FL |
| 8. Fort Myers, FL | Cash Home Buyers in Fort Myers, FL |
| 9. St Augustine, FL | Cash Home Buyers in St Augustine, FL |
Are Companies That Buy Houses for Cash in Florida Legit?
Yes, companies that buy houses for cash are legitimate and operate legally nationwide. They purchase distressed properties at a discount, renovate them, and then sell them for profit.
3 Types of Companies That Buy Homes in Florida
- We Buy Houses for Cash Companies: Companies like HomeVestors and House Heroes come under this type. They offer cash for distressed homes and pay 30% to 70% of the properties’ FMV.
- iBuyers: iBuyers, such as Opendoor and Offerpad, provide instant cash offers that range from 70% to 80% of the FMV. They often have strict eligibility requirements, limiting the types of homes they purchase.
- Home Trade-In Services: Companies like Knock or Orchard offer cash before you move out.
4 Steps to Sell Your Home for Cash in Florida
If you’re wondering how to sell your home for cash in Florida, here’s what you need to do:
- Find a Cash Home Buyer: Research all companies buying houses for cash in your area. Choose one based on client testimonies and positive online reviews.
- Request an Offer: Once you’ve selected a cash buyer, request an offer on their website. You must provide information such as property type, number of rooms, asking price, etc.
- Schedule a Home Visit: A representative from the company will come to inspect your house. Then they present you the final cash offer.
- 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 “We Buy Houses for Cash in Florida” Companies Pay?
Cash buyers in Florida usually offer between 30% to 70% of a home’s After-Repair Value. The offer also depends on factors like the company you’re selling to, their service fees, etc. The After-Repair Value is calculated as follows:
After-Repair Value (ARV) = Property Purchase Price (PPP) + Cost of Repairs (COR)
Imagine if you were selling your $410,900 home in Florida. With a traditional cash home buyer, you could get just $285,950. But, with a cash buyer marketplace like Houzeo, you get your home listed on the MLS and pay $399 plus $350 at the closing fee.
| Service Provider | Service Fee | Potential Offer (of the ARV) | Actual Offer Amount |
| Cash Buyer | None | 70% | $287,630 |
| iBuyer | 5% | 80% | $328,720 |
| Houzeo | $749* | Up to 100% | $410,151 |
Pros and Cons of Companies That Buy Houses for Cash in Florida
✅ Pros
- Fast Cash Sale: “We Buy Houses for Cash” companies offer a cash deal within 24-48 hours.
- Flexible Closing: Cash buyers in Florida close quickly and on your timeline. So you can sell your home anywhere between 7 days to 30 days.
- No Need for Repairs: Most cash buyers purchase properties as-is. This eliminates the need for repairs or staging.
❌ Cons
- Lowball Cash Offers: Cash companies that buy homes in Florida typically pay 30% to 70% of market value, deducting repair and resale costs.
- Non-Negotiable Deals: When dealing with Florida home buyers, the offer is usually take-it-or-leave-it. That leaves little to no room for negotiation and limits your ability to secure a better offer.
- Possible Closing Costs: Some cash buyers may require you to pay seller closing costs, so always review terms carefully.
Alternatives to Companies That Buy Houses for Cash in Florida
- Flat Fee MLS Service: You can get up to 100% of your home’s market value with a Florida Flat Fee MLS listing service. Your home is visible to multiple cash buyers and investors, which increases your offers.
- Discount Real Estate Brokers: They are real estate professionals who offer the same services as traditional agents but for a lower fee. Discount real estate brokers in Florida charge between 1% to 1.5% as fees.
- For Sale By Owner: In a FSBO sale, you have to handle every step from listing to closing. You can choose the best websites For Sale By Owner in Florida that provide MLS access. Your property gets syndicated on websites like Zillow, Redfin, Trulia, and Realtor.com.
- Full-Service Realtor: When you opt for a full-service real estate agent in Florida, you have to shell out a 3% commission.
Should You Sell to Companies Buying Houses in Florida?
Yes, you can sell to companies that buy houses in Florida as it can be a quick and hassle-free option, especially if you want to sell a distressed property. However, these companies make lowball offers, that might leave you with little money.
But if you want to maximize your return, a cash buyer marketplace may be a better choice. Within 24 hours, your home will be visible to multiple local and national cash buyers. With this maximum exposure, you will have multiple competitive offers to choose from.
Frequently Asked Questions
Which is the best company that buys houses for cash in Florida?
Houzeo is the best cash buyer marketplace for selling homes for cash in Florida. Companies like Opendoor and HomeVestors have extended offers on homes listed on Houzeo.
How can you sell to companies that buy houses for cash?
To sell to companies that buy houses for cash, research local cash buyers in Florida or use a cash buyer marketplace. Submit your home’s information and get an offer within 24-48 hours. Complete the sale in as little as a week upon agreement.
How fast can I sell my Florida house?
You can sell your Florida house fast in as little as 7 to 30 days with a cash home buying company. However, you get only 50% to 70% of your property's Fair Market Value. To get higher profits, you should sell to a cash buyer marketplace like Houzeo and can attract highest 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.
