✏️ 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.
Quick Homebuyers caters to homesellers who are on a time crunch or need cash urgently. They buy homes with structural damage, fire damage, inherited properties, etc.
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Pros
- Quick Homebuyers doesn't have strict eligibility criteria for the homes they purchase
- You can get a cash offer in 24 to 72 hours
Cons
- Quick Homebuyers makes offers that are just 50% to 70% of your home's FMV
- They extend 'take-it-or-leave-it-deals'
Quick Homebuyers extends cash offers on homes as-is. Since they cater to home sellers who need money urgently, they close on properties in just 3 days.
However, this speed comes at a cost. You lose almost 30% to 50% of your property’s Fair Market 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 Quick Homebuyers reviews and their alternatives to help you get the property value you deserve!
Key Takeaways
- Pros: Quick Homebuyers purchases properties as is. So, you skip out on spending thousands of dollars on repairs and renovations.
- Cons: Quick Home Buyers doesn’t give you 100% of your house’s value. Moreover, there is little scope to negotiate the offer you receive.
- Our Take: We don’t recommend Quick Homebuyers. Instead, list your home on a cash buyer marketplace like Houzeo to get 100% of your property’s Fair Market Value. Compare Houzeo vs. Quick Homebuyers.
What is Quick Homebuyers?
Quick Homebuyers is a company that buys houses for cash. They purchase homes at a price lower than their market values, renovate them, and then sell them for a profit.
They cater to home sellers on a quick timeline and close on properties in just 3 days.
What Types of Properties Does Quick Home Buyers Purchase?
Quick Home Buyers purchases all kinds of homes at a steep discount from distressed sellers. Some of these houses include:
- Homes with structural damages
- Inherited properties
- 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 Quick Homebuyers.
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.
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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 Quick Homebuyers.
Quick Homebuyers vs. Houzeo
Selling to Quick Home Buyers 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.
| Quick Homebuyers | Houzeo | |
|---|---|---|
| Sale Price | 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 4.4 stars (36 reviews) | 4.9 stars (4,523 reviews) |
| Closing Timeline | 3 to 30 days | 2 to 60 days |
| Fees | ❌ | $379 |
| 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.
Quick Homebuyers: Pros and Cons
Quick Home Buyers is a convenient option for sellers who need cash fast. However, their pros and cons paint a clearer picture:
✅ Quick Homebuyers Pros
Cash home buyers have certain advantages over traditional home-selling processes. Let’s see how Quick Homebuyers 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: Quick Homebuyers reviews say they close in just 3 days. However, their timeline is flexible, and they can close on a date suitable to you.
⛔ Quick Homebuyers Cons
Quick Home Buyers complaints reflect the following disadvantages of the company:
- Lowball Cash Offers: Quick Home Buyers view 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 Quick Homebuyers you don’t have room to negotiate your cash offer. If you still want to try your luck, ensure that you back your arguments with proof.
Best Alternatives to Quick Homebuyers
Even if you want to sell your house fast for cash, look for some alternatives better than Quick Homebuyers. 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.
» 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.
“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.
📞 Need Help? Schedule a FREE Consultation
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Frequently Asked Questions About Quick Homebuyers
1. Is Quick Homebuyers legit?
Yes. Quick Homebuyers is a legitimate company founded by Ed Rooney.
Companies That Buy Houses for Cash Near Me 🔍
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