From Jacksonville to Miami, Florida’s real estate market is constantly shifting. But cash is still king. Over 40% of homes bought in 2024 were all cash purchases. Some cash buyers offered 100% of the home’s market value to Floridians, while others offered as little as 40%.
Getting a fair cash offer is like fishing in the Everglades—some spots yield a big catch, while others leave you nothing. The solution? List on a cash buyer marketplace! Your home will be advertised to local and national cash buyers simultaneously.
Reviews: 5 Best Companies That Buy Houses for Cash in Florida
1. Houzeo: Florida’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.
👉 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.
2. Florida Cash Home Buyers
LOCAL CASH BUYER
Service Fee: NoneFlorida Cash Home Buyers provides quick cash offers for distressed homes, based on the property’s After Repair Value (ARV). Nonetheless, the offer they make is below market value.
- Typical Offer: You will get 65% to 80% of your home’s Fair Market Value (FMV).
- Service Fee: None.
- Eligibility: Florida Cash Home Buyers can offer you cash for inherited properties, properties with structural issues, homes facing foreclosure, etc.
- Closing Offer Terms: Florida Cash Home Buyers offers a closing period of 15 to 30 days.
Here are some of the benefits that you get with Florida Cash Home Buyers:
- 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 the company’s website.
- 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.
- 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, you don’t have to pay any service fee. You also save money on repair and closing costs.
In our research, we have found certain drawbacks of Florida Cash Home Buyers:
- Lowball Cash Offers: The Florida Cash Home Buyers may extend you an offer that is significantly below the your asking price. 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 190+ reviews on Google Reviews.
👉 Our Take: We recommend Florida Cash Home Buyers if you are looking for a good local company to sell your distressed property fast. However, beware as they may extend lowball cash offers.
3. House Heroes
NO HIDDEN FEES
Service Fee: NoneHouse Heroes is a local cash buyer in Florida. They extend quick cash offers within 24 hours after a property assessment.
- No Hidden Fee: House Heroes has no service fees or hidden closing costs.
- Typical Offer: They extend offers that are 30% to 70% of your property’s Fair Market Value.
- Eligible Properties: House Heroes purchases properties in any condition. This includes homes needing repairs, foreclosures, inherited properties, rentals, and those sold due to urgent relocations or divorces.
- Closing Offer Terms: You can choose your preferred closing date.
Here are some of the benefits that you get with House Heroes:
- Quick Offers: You can get a cash offer quickly, often within 24 hours of the property assessment.
- Transparent Pricing: House Heroes has no hidden fees or commissions, ensuring clarity throughout the process.
- Flexible Timeline: With House Heroes, you can sell your house as is and choose your preferred closing date.
In our research, we have found certain drawbacks of House Heroes:
- Lowball 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 Reviews: Are you getting a fair deal? Find out now.
House Heroes has 5 stars out of 5 with 20+ reviews on Google Reviews.
👉 Our Take: We recommend House Heroes if you are looking for quick cash offers within 24 hours. However, the property assessment may delay your sale.
4. Opendoor
BIGGEST IBUYER
Service Fee: 5%Opendoor is the biggest iBuyer in the U.S. 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.
- 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 or homes with tenants do not qualify for Opendoor’s cash offer.
- Closing Offer Terms: Opendoor claims to let you close at your pace, up to 45 days after their offer. However, be aware that your final offer may change after the condition adjustment.
- Service Fee: You will be charged 5% of the home sale price.
Here are some of the benefits that you get with Opendoor:
- Broad Coverage: Opendoor makes cash offers for houses in 51 markets across the country.
- Sell As-Is: Opendoor helps you avoid the hassle of making repairs and you can sell your house as-is.
- Late Checkout up to 14 Days: Opendoor lets you temporarily stay in your home for up to 2 weeks after closing.
- No Cancelation Fees: Opendoor does not charge any cancelation fee. You can cancel the contract anytime.
In our research, we have found certain drawbacks of Opendoor:
- Lowball Cash Offer: Opendoor’s final cash offer may be below your property’s Fair Market Value, around 70%. They also deduct repair and closing costs.
- Hefty Service Fees: Opendoor will charge you a steep 5% service fee for their services.
- 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.
👉 Our Take: We recommend Opendoor if you are looking for a quick cash offer on your home. But beware, as you may end up leaving almost 20% to 30% of your home equity on the table.
5. We Buy Ugly Houses
NATIONWIDE COVERAGE
Service Fee: NoneWe Buy Ugly Houses is a well-known cash home-buying company that helps homeowners sell in any condition. It offers a fast, hassle-free sale without the need for repairs or staging.
- Typical Offer: 50% to 70% of your property’s Fair Market Value.
- No Closing Costs: You don’t have to pay any seller closing costs; it is covered by the company.
- Eligible Properties: Distressed properties with structural issues, homeowners facing relocation, homes with flawed mortgage financing, inherited homes, or homes in high-crime neighborhoods, etc.
- Service Fee: None
Here are some of the benefits that you get with We Buy Ugly Houses:
- Sell Your Home As Is: You can save thousands in repair costs by selling your distressed home.
- Quick Closing Timeline: Once you accept the offer, you can sell your house within 2 weeks.
- 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.
In our research, we have found certain drawbacks of We Buy Ugly Houses:
- Lowball Offers: Cash offers typically range from 50% to 70% of a home’s Fair Market Value, based on condition and location.
- Limited Negotiation: We Buy Ugly Houses extends “take-it-or-leave-it” offers. You can try to negotiate, but usually, they won’t budge.
- 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 4.9 out of 5 stars from 90+ reviews on Google.
» We Buy Ugly Houses Reviews: Read this in-depth review to learn more about them.
👉 Our Take: We do not recommend We Buy Ugly Houses for cash home sellers. They extend lowball offers and leave no room for negotiation.
Best Cash Home Buyers 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. In fact, the National Association of Realtors (NAR) confirms the credibility of cash buyers in Florida. But you must review company ratings and customer reviews to ensure you’re working with a reputable cash buyer.
3 Types of Companies That Buy Homes in Florida
- We Buy Houses for Cash Companies: Cash buyers like HomeVestors and House Heroes purchase distressed homes, typically paying 30% to 70% of their Fair Market Value.
- iBuyers: iBuyers, such as Opendoor and 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.
How to Sell Your Home for Cash in Florida?
Whether you’re in Miami, Tampa, or Jacksonville, the steps for selling your home for cash remain the same:
- Share Details About Your House: A cash buyer company will collect basic information like the location and condition of your property. This can typically be submitted directly through their website or over the phone.
- Review the Preliminary Cash Offer: The cash home-buying company will make an initial offer after evaluating your home and comparing it to similar properties in the area. Typically it is 30% to 70% of the home’s fair market value, depending on factors like its condition and location.
- Complete a Home Inspection: If you accept the initial offer, a third-party home inspector will visit your property for an onsite inspection. After adjusting repair expenses and holding costs, the cash house-buying company will send a final offer.
- Accept the Final Cash Offer & Close: If the final cash offer matches your expectations, then you can agree to the terms and set a closing date. The sale can typically close within 7 to 30 days.
How Much Do Cash Buyers in Florida Pay?
Florida cash house buyers usually offer between 30% to 70% of a home’s value. However, it depends on factors like the company you’re selling to, their service fee, etc.
Imagine if you were selling your $410,900 home in Florida. With a traditional cash home buyer, you could get just $287,630. But on a cash buyer marketplace like Houzeo, you could get multiple offers, potentially driving your sale price up to 100% of its value.
| Service Provider | Fee | Actual Offer |
| Cash Buyer | None | $287,630 |
| iBuyer | 5% | $328,720 |
| Houzeo | $199* | $410,701 |
» Houzeo Reviews: Find out why Houzeo is Florida’s best cash buyer marketplace.
Pros and Cons of Cash Home Buyers in Florida
As more homeowners opt for companies that buy houses for cash in Florida, here are some pros and cons you must consider before you choose them:
✅ Pros
- Quick Cash Offers: “We Buy Houses for Cash” companies often provide fast, hassle-free cash offers within 24-48 hours. So, you can sell your home quickly without waiting for financing.
- Flexible Closing: Cash buyers in Florida close quickly. You can sell your home within a range of 7 to 30 days, depending on your schedule and preferences.
- No Repair Costs: Most cash buyers purchase properties as-is. This eliminates the need for repairs or upgrades before selling, saving thousands of dollars.
❌ Cons
- Lowball Cash Offers: Florida cash house buyers typically pay only 30% to 70% of your home’s fair market value. So, you end up leaving 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 Florida. Always check the terms, or you could be out 6.25% to 9% of your home’s value!
Common “We Buy Houses for Cash” Scams 🚩
If any Florida cash home buyer extends an offer that seems too 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 Florida
- Flat Fee MLS Services: You can get up to 100% of your home’s FMV with a Florida 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. Florida 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 Florida charge between 0.5% to 2.5% as commission.
Should You Sell to Cash Home Buyers in Florida?
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.
