John Buys Bay Area Houses is a local cash buyer that makes offers on distressed properties. They extend a cash offer in as little as 7 minutes. Moreover, you don't need to pay any fee to work with them.
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Pros
- Get a cash offer in 7 minutes
- Save on repairs and closing costs
- Choose closing date as per your preference
- Benefit from their local expertise
Cons
- Extends lowball cash offers (They give After Repair Value)
- Has limited coverage
John Buys Bay Area Houses is a local cash buyer. They make cash offers on distressed homes. So, you need not worry about your home’s condition when selling to them.
Moreover, John Buys Bay Area Houses has a fast selling process – you get a cash offer within 7 minutes of consultation. However, like most cash buyers, you get lowball offers. Their offer might be beneficial if your home is distressed.
If you feel your home is in a decent condition, you should consider other options to sell. An MLS listing with a Flat Fee company can get you a ‘close to FMV’ offer for your home. Furthermore, you get multiple offers from national and local cash buyers.
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✍️ Editor’s Take: List your property on the MLS via a Flat-Fee company like Houzeo. Houzeo is a tech-centric platform that helps you manage multiple offers. Moreover, you can request the highest and the best offer without any manual comparison. Compare John Buys Bay Area Houses vs. Houzeo.
Is John Buys Bay Area Houses Legit?
Yes, John Buys Bay Area Houses is a legitimate company. The company is headquartered in California, USA. They have their office at 1990 N California Blvd, Ste. 46, Walnut Creek, CA 94596.
John Buys Bay Area Houses has an A+ BBB accreditation to prove their credibility. Moreover, they also have many positive reviews. John Buys Houses covers just one area in the US.
Who Should Sell With John Buys Bay Area Houses?
You can sell with John Buys Bay Area Houses if you:
- Want to relocate
- Are frustrated with costly repairs
- Have vacant houses
- Are behind on payments
How to Sell With John Buys Bay Area Houses?
You need to follow these 4 steps to sell with John Buys Bay Area Houses. These are as follows:
- Submit information on the website: Fill out a short form with your full name, property address, email, etc.
- Get on a call: Mention your home’s condition on a 7-minute call with an evaluation expert.
- Get a cash offer: Receive a no-obligation cash offer from the evaluation team.
- Choose your closing date: If you choose to accept a cash offer, a transactions coordinator reaches out to you. You can select your desired closing date.
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⏰ Note: With John Buys Bay Area Houses, you can close as soon as possible or within 90 days of recieving the offer.
John Buys Homes: Locations
John Buys Homes offers services only in the San Francisco Bay Area.
How Much Does John Buys Bay Area Houses Pay?
Usually, John Buys Bay Area Houses pays a ‘fair’ value to their customers. They calculate this fair price by deducting repair costs from the full market value of your home. This approach is detailed on their official website.
For instance, the full market value of your property is $300,000 and the repairs needed in your house are $100,000. You can expect an offer of up to $200,000 from the company.
John Buys Bay Area Houses also look at the value of comparable houses, location, and other factors while offering you a cash offer.
» 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.
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🚨 Important: Compare offers from other cash-buying companies before you choose to work with John Buys Bay Area Houses.
Customer Reviews
John Buys Bay Area Houses has a 4.8 out of 5-star rating on Google based on 122 reviews. On BBB, the company has a solid 5 out of 5-star rating based on 10 reviews.
John Buys Bay Area Houses: Praises
✅ John M felt extremely happy with John Buys Bay Area Houses. He is satisfied with the price and recommends working with the company.
I was quite satisfied with the negotiation. It gave us the ability for me to retire and go to our next stage of life and not have to worry. We even were one day late getting out because of not realizing how much stuff we had and they were more than gracious and kind and letting us stay to complete getting all of our personal property.
Source: BBB
✅ Michele Conner loved the professionalism followed at John Buys Bay Area Houses. She appreciated that the company gave her extra time to move out.
I’m very glad I sold it to John Buys Bay Area Houses. John responded immediately to my online inquiry and offered me a very fair price. The entire process occurred very quickly, and I truly appreciate that John gave me extra time to move out. If you need to sell your house fast and not sure who to choose, choose John Buys Bay Area Houses.
Source: Google
John Buys Bay Area Houses: Complaints
❌ Taiyeb Raniwala felt the company doesn’t follow what they advertise. He did not get a proper response from the company on his condo.
False advertisement. Ad says any condition, even good condition. When I mentioned my condo is in great condition, the guy couldn’t wait to get off the phone. Other than asking me what is the lowest I will accept, he asked me nothing, but just said that we buy in as is condition before it hits the market and said good luck and hung up.
Source: Google
Pros and Cons
Let’s have a look at some pros and cons of John Buys Bay Area Houses.
👍 Pros
- Stress-free Process: You can move out of your home without any repairs and cleaning. The company takes care of unwanted things.
- Fast Cash Offers: As per their website, you can get a cash offer in as little as 7 minutes.
- Flexible Closing Date: You have the flexibility to choose the closing date at your convenience.
- Location Expertise: You benefit from their local expertise in the San Francisco Bay Area.
👎 Cons
- Limited Coverage: John Buys Bay Area Houses covers only the San Francisco Bay Area in the whole US.
- Lowball Offers: You get a reduced price on the full market value of your property.
- No Scope for Negotiation: You cannot negotiate. John Buys Bay Area Houses only gives one cash offer.
John Buys Bay Area Houses Competitors
» Jump to: John Buys Bay Area Houses vs. Houzeo | John Buys Bay Area Houses vs. Brothers Buy Homes | John Buys Bay Area Houses vs. We Buy Houses
1. John Buys Bay Area Houses vs. Houzeo
John Buys Bay Area Houses is a cash buyer that purchases distressed properties. It is simple to sell your home to John Buys Bay Area Houses. This convenience, however, costs you thousands of dollars because you get a lowball cash offer.
Houzeo, on the other hand, is a Flat-Fee company. You get multiple cash offers from local and national buyers. As a result, you are in a better position to secure top-dollar deals.
John Buys Bay Area Houses | Houzeo | |
---|---|---|
Sale Price | Full Market Value - Repair Costs | Up to 100% of FMV |
Customer Rating | 4.8 stars (122 reviews) | 4.9 stars (6,840 reviews) |
Closing Timeline | Within 90 days | 2 to 60 days |
Fees/Commissions | ❌ | $399 onwards |
Closing Costs | ❌ | 0% to 1% Closing costs |
Scope for Negotiation | ❌ | ✅ |
Multiple Offers | ❌ | ✅ |
2. John Buys Bay Area Houses vs. Brothers Buy Homes
Brothers Buy Homes is a cash-buying company that operates in the Bay area. They purchase properties as-is, similar to John Buys Bay Area Houses.
With Brothers Buy Homes, you receive a cash offer within 24 hours of registering. John Buys Bay Area Houses has an advantage here. It only takes them seven minutes to give you a cash offer.
3. John Buys Bay Area Houses vs. We Buy Houses
We Buy Houses is a famous cash-buying company in the US. They are a typical cash buyer that provides a closing window of 7-14 days.
While We Buy Houses has the same model as John Buys Bay Area Houses, they are preferable when it comes to coverage. We Buy Houses has nationwide coverage. Whereas, John Buys Bay Area Houses only covers the San Francisco Bay Area.
“We Buy Houses for Cash” Companies Near You
There are other “We Buy Houses As Is” companies in the market. You can request offers 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%.
Should You Sell Your House to John Buys Bay Area Houses?
The answer to this question is ‘it depends’. If you wish to sell your home faster for cash, then John Buys Bay Area Houses might be a good option. However, there is always a better way to sell your home, especially if it is in decent condition.
When you list on a cash buyer marketplace like Houzeo.com, your home gets exposure from nationwide cash home buyers. You can get multiple offers and maybe even top dollar for your home when you list on MLS.
» Houzeo Reviews: Check out why 7,800+ home sellers have rated Houzeo 4.9 stars out of 5 on Google and Trustpilot.
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Frequently Asked Questions About John Buys Bay Area
1. Is John Buys Bay Area Houses a legitimate company?
Yes, John Buys Bay Area Houses is a legitimate company. They are headquartered in California, USA. Learn more about John Buys Bay Area Houses here.
2. How much money will John Buys Bay Area Houses offer for my property?
John Buys Bay Area Houses pays a full market value minus the repair costs needed. They look at various factors before giving you a cash offer.
3. Does John Buys Bay Area Houses have any competitors?
Yes, John Buys Bay Area Houses has some potential competitors. Some of them are Houzeo, We Buy Houses, and Brothers Buy Homes. Learn more about these competitors here.