✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. Learn how NAR’s settlement affects home sellers.
Keller Offers is the cash home-buying arm of the top brokerage, Keller Williams Realty. They extend all-cash offers on properties needing minimal repairs.
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Pros
- Keller Offers lets you compare the price your home would fetch on the MLS vs. a cash offer
- You can sell your home quickly instead of waiting for a buyer
Cons
- You have to pay service fees as high as 10%
- You have to work with a Keller Williams agent, and may even be charged agent commission
Keller Offers is a typical cash home-buying company that purchases your distressed property quickly. They extend cash offers on homes in as-is condition, saving you hundreds of dollars otherwise spent on repairs.
However, where you save some, you lose some. You may have to settle for a lowball offer that is just 50% to 70% of your property’s value.
An MLS listing on a cash buyer marketplace like Houzeo can get you 100% of your property’s value. With Houzeo, your listing can be on the MLS within 24 hours. Moreover, you can compare offers from multiple national and local cash buyers, instead of settling for just one lowball offer.
In this blog, let’s look at Keller Offers reviews and their alternatives to help you get the property value you deserve!
Key Takeaways
- Pros: Keller Offers lets you offload your distressed property easily. They don’t have strict eligibility criteria, unless popular iBuyers.
- Cons: When you sell your house to Keller Offers, you may lose about 30% to 50% of your property’s value.
- Our Take: We don’t recommend Keller Offers. Instead, list your home on a cash buyer marketplace like Houzeo to get 100% of your property’s Fair Market Value. Compare Houzeo vs. Keller Offers.
What is Keller Offers?
Keller Offers is a cash home-buying company. They extend no-obligation cash offers for distressed and damaged properties, renovate them, and then sell them for a profit.
Keller Offers caters to home sellers who are on a time crunch. They can close on your property quickly or on a date that’s convenient for you.
What Types of Properties Does Keller Offers Purchase?
Keller Offers purchases all kinds of homes at a steep discount from distressed sellers. Some of these houses include:
- Inherited properties
- Homes with structural damages
- Rental properties with tiresome tenants
- Houses facing foreclosure
When compared to other cash home buyers, you may be robbed of a huge chunk of money with Keller Offers.
To avoid such a possibility, list on the MLS with a flat fee company like Houzeo and compare multiple offers from cash companies and iBuyers alike.
» 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: Review local housing sales data and determine the Fair Market Value of your property before requesting a cash offer from Keller Offers.
Keller Offers vs. Houzeo
Selling to Keller Offers seems hassle-free. But you pay for this convenience by selling your home at a reduced price.
On the other hand, an MLS listing with Houzeo’s Gold plan equips you with advanced technology to call for the highest and best offers. You can also counter offers to help you get a deal closer to your expectations.
| Keller Offers | Houzeo | |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 1 stars (1 review) | 4.9 stars (4,523 reviews) |
| Closing Timeline | 10 to 30 days | 2 to 60 days |
| Fees | ❌ | $349 |
| Closing Costs | ❌ | 1% to 3% Closing Costs |
| Scope for Negotiation | ❌ | ✅ |
| Repair Costs | ❌ | ✅ |
» Houzeo Reviews: Still not convinced? Read what customers have to say about Houzeo.
Keller Offers: Pros and Cons
Keller Offers is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:
✅ Keller Offers Pros
Cash home buyers have certain advantages over traditional home-selling processes. Let’s see how Keller Offers reviews matches up to these expectations.
- Buy As Is Houses: This “We Buy Homes Fast” company purchases homes as is. So, even if your property is facing foreclosure or needs heavy repairs, you will get a cash offer.
- Quick Closing: Keller Offers reviews say they close in as little as a week. However, their timeline is flexible, and they can close on a date suitable to you.
⛔ Keller Offers Cons
Keller Offers complaints reflect the following disadvantages of the company:
- Lowball Cash Offers: Keller Offers views your house as an investment opportunity. So, your offer price may be much lower than the market price of your property.
- Little to No Scope for Negotiation: With cash home buyers like Keller Offers, you may not have room to negotiate your cash offer. If you still want to try your luck, ensure that you back your arguments with proof.
- Limited Coverage Area: This cash buyer offers their services only in 13 states of the US.
Best Alternatives to Keller Offers
Even if you want to sell your house fast for cash, look for some alternatives better than Keller Offers. We’ve listed three below:
- Houzeo: Houzeo is one of the best FSBO websites in America that lets you list your home on the MLS in just 24 to 48 hours. Here, multiple national and local cash home buyers make offers on your property, driving up its price. You can even get 100% of your home’s FMV.
- Opendoor: Opendoor is the largest iBuyer in America extending cash offers for homes needing minimal repairs. They generally pay 70% to 80% of your home’s FMV but deduct a 5% service fee, closing costs, and repair costs from the offer.
- HomeVestors: HomeVestors is a cash home buyer franchise offering 50% to 70% of the home’s FMV. However, they may deduct repair costs at closing. Further, since each office is independently owned, you won’t get consistent service across the country.
“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.
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Frequently Asked Questions About Keller Offers
1. Is Keller Offers legit?
Yes, Keller Offers is a legitimate company that buys homes for cash in 13 states of the United States.
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