✏️ 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.
Sell to Bobby pays cash for homes in Miami, Florida. They buy all types of properties in as-is condition. Moreover, you get an offer in as little as 24 hours with Sell to Bobby.
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Pros
- You skip the hefty 6% realtor commission
- You don't pay closing costs and repair costs
- You can close the deal at your convenience
- You benefit from their expert guidance
Cons
- You may get just 50% to 70% of your home's value
- You can avail of their services only in Florida
Sell to Bobby is a Miami-based cash buyer. They are a convenient solution for selling all types of homes, especially those that need significant repairs. Moreover, you can close on your home in as little as 7 days with Sell to Bobby.
However, you might have to sacrifice your home’s sale price. As per industry standards, Sell to Bobby might pay only 50%-70% of your home’s FMV. This discounted price might be worth it if you want to sell fast.
We suggest you consider smarter options to sell your home fast and for a better price. Cash buyer marketplaces, for instance, attract multiple cash buyers. This pool of cash buyers ensures the best possible offer for your home.
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✍️ Editor’s Take: Sell your home on a cash-buyer marketplace like Houzeo. You get multiple cash offers from buyers nationwide. As a result, you can request the highest and the best offer. Compare Sell to Bobby vs. Houzeo.
Is Sell to Bobby Legit?
Sell to Bobby is a legitimate cash buyer based in Florida. Bobby Suarez founded the company in 2015. Moreover, Sell to Bobby has been BBB-accredited since 2017. Their address is 7735 NW 146th St STE 201, Miami Lakes, FL 33016-1582.
A 2022 Digital Journal article praises the company for their hassle-free and transparent process. Furthermore, you can also find enough Sell to Bobby reviews online to understand how they work.
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⭐ Housing Investments Group LLC: Sell to Bobby’s BBB page in the name of Housing Investments Group LLC. They sell the properties through this alternative company.
What Types of Properties Do They Purchase?
Sell to Bobby extends no-obligation cash offers for various types of properties like:
- Inherited properties
- Homes with structural damages
- Rental properties with tiresome tenants
- Houses facing foreclosure
- Distressed properties
How Do They Work?
Sell to Bobby has a convenient selling process. You need to follow 4 steps:
- Submit information: Enter your name, email, property address, etc. in the website form or contact them via phone call.
- Meet in person: Meet with Sell to Bobby’s team for home inspection. This helps them in evaluation and making a cash offer.
- Get a cash offer: You’ll get a cash offer within 24 hours of your home inspection. There is no obligation to accept this offer.
- Close the deal: If you wish to accept the cash offer, select your desired closing date.
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📞 Contact Them: Sell to Bobby provides a contact number for any inquiries you might have. This number can easily be found on their website.
Locations
Sell to Bobby buys homes only in Florida. Their Florida service areas are Coconut Creek, Davie, Coral Gables, Boynton Beach, Jupiter, Sunrise, Hollywood, Pompano Beach, Boca Raton, and Fort Lauderdale.
As they primarily buy properties in one state, you will certainly benefit from their local expertise. However, you might not be able to sell to them if you’re outside their service area.
How Much Do You Get?
Cash buyers commonly provide offers ranging from 50% to 70% of your home’s fair market value. For example, with a property valued at $500,000, you can expect an offer in the bracket of $250,000 to $350,000.
While you don’t have to pay closing costs, commissions, or repair expenses, opting for a cash buyer may mean settling for a lower 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.
Sell to Bobby: Reviews
Sell to Bobby has a 4.8 out of 5-star rating on Google based on 242 reviews. Moreover, they have a solid 5 out of 5 stars on BBB based on 4 customer reviews.
We read Sell to Bobby reviews online and noticed that customers value them for their fair prices. However, there are some cases of delays in closing. We feel this slightly contradicts their promise of closing on your desired timeline.
Positive Sell to Bobby Reviews
✅ Alex Reiner feels they were given a fair offer by the company. Furthermore, they loved the professionalism followed at Sell to Bobby.
They made us a fair offer and stuck with it. The sell to Bobby crew communicated every step to us and everyone we dealt with there was very kind and professional. I recommend to anyone looking to sell their home quickly and hassle free to check them out. We certainly don’t regret it.
Source: Google
✅ Lauren B loves the trustworthy nature of Sell to Bobby’s executives. She highly recommends the company to anyone looking to sell their Florida home.
I would recommend selltobobby.com based on just working with these great people at a time in my life when I truly needed a change and they made it painless and easy like I’ve never experienced before in buying or selling any of my other homes.
Source: BBB
Complaints
❌ Theodore Carter shares that his closing date was extended by 30 days. He believes that the company is not truthful about its fast closing process.
We had already agreed on a 14 day closing and planned around that. Then we are told that closing will be delayed to 30 days because, “Bobby is out of town.” We have asked for their realtors/brokers license, still waiting on that. We feel they were untruthful about showing our home and then moving the closing date.
Source: Google
❌ Aixa Hernandez feels the company is not trustworthy as they do not follow what they advertize. Their initial appointment with Sell to Bobby did not go as planned.
Process is not as they say in the commercial. The appointment was a mess. They got there an hr late. Two days later no call. No trust worthy.
Source: Google
Pros and Cons
Here are the pros and cons of Sell to Bobby:
👍Pros
- Buys As-is: Sell to Bobby purchases without any conditions. So, you don’t have to worry about repairs.
- Local Expert: They primarily purchase homes in Florida. Their guidance could help you sell with ease.
- Fast Closing: You can close in as little as 7 days or on your preferred date with Sell to Bobby.
- No Costs: You don’t have to pay any closing costs, fees, or commissions to Sell to Bobby.
👎Cons
- Limited Coverage: Although they are local experts, they may not be able to purchase your home if your home is outside Florida.
- Lower Offers: You may not get full value on your home’s equity. It is standard industry practice for cash buyers to offer 50%-70% of your home’s FMV.
- Delay in Closing: Closing delays have occurred in certain instances. So, it’s important to be aware of this if you’re on a time crunch.
Competitors
» Jump to: Sell to Bobby vs. Houzeo | Sell to Bobby vs. Offerpad | Sell to Bobby vs. We Buy Houses
We have chosen Sell to Bobby’s competitors based on three metrics – cash offers, home eligibility criteria, and coverage.
1. Cash Offers: Sell to Bobby vs. Houzeo
Sell to Bobby is a cash buyer. As is common in the industry, their offers might range between 50%-70% of your home’s FMV. While Sell to Bobby provides quick closing, you sacrifice your home’s equity when selling to them.
Houzeo, on the other hand, is a cash buyer marketplace that helps sellers list their property on the MLS. You get multiple cash offers instead of one. As a result, your chance of securing a good deal increases.
| Sell To Bobby | Houzeo | |
|---|---|---|
| Sale Price | Could get 50% to 70% of FMV | Up to 100% of FMV |
| Customer Rating | 4.8 stars (242 reviews) | 4.9 stars (7,000+ reviews) |
| Closing Timeline | Within 7 days | 2 to 60 days |
| Fees | ❌ | $399 onwards |
| Closing Costs | ❌ | 0% to 1% Closing Costs |
| Compare Offers | ❌ | ✅ |
2. Home Eligibility Criteria: Sell to Bobby vs. Offerpad
Offerpad is a prominent iBuyer in the US. They leverage machine-learning technology to provide quick cash offers. Moreover, they pay around 70%-80% of the FMV for your home.
Sell to Bobby is a cash buyer that offers 30%-50% less than your home’s FMV. They purchase all kinds of properties. In contrast, Offerpad has strict home eligibility criteria. As a result, they offer a competitive valuation for your property.
3. Coverage: Sell to Bobby 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 Sell to Bobby, they are preferable when it comes to coverage. We Buy Houses operates on a larger scale. Whereas, Sell to Bobby only covers Florida and its neighboring areas.
“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.
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%.
Are They The Cash Right Buyer for You?
The answer to this question varies. If you want to quickly sell your home for cash, Sell to Bobby could be a good option. However, you could get a lower price for your property with them i.e. around 50%-70% of your property’s FMV.
Furthermore, their service area is restricted to Florida. Due to this, you might not be able to avail of their services. Therefore, we recommend you consider smarter options like a cash buyer marketplace to sell your property.
Houzeo stands out as a cash buyer marketplace. With Houzeo, your property gains visibility among buyers nationwide. As a result, you get multiple offers. This potentially increases your chance of securing a top-dollar deal.
» 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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Sell to Bobby Reviews: FAQs
Is Sell To Bobby legit?
Yes, Sell to Bobby is a legitimate company. They buy houses for cash in Florida. They are rated 4.9 stars out of 5 on Google. In addition they are also BBB accredited. Learn more about Sell to Bobby here.
What types of properties can I sell to Bobby?
Sell to Bobby purchases all types of properties in as-is condition. You don't need to conduct any repairs or make the house livable before selling to them. However, there is only one condition - your home must be located in Florida to be eligible for sale.
Does Sell to Bobby provide full market value for homes?
No, Sell to Bobby might not provide full market value for homes as they are a cash buyer. Cash buyers usually provide 50%-70% of the home's fair market value. If you're looking to sell your home for the highest possible price, consider Houzeo. Houzeo attracts multiple buyers that can make the highest bids on your property.
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