Sellers Advantage Reviews: Do They Provide a Fair Offer?

Sellers Advantage is a cash home buyer company based in South California. They purchase houses as-is within 7 days. So, you can sell your home to Sellers Advantage even if it needs major repairs and renovations.

However, like most cash buyers, Sellers Advantage will likely offer you only 50%–70% of your home’s fair market value. This can be a good option if your property is distressed and needs a quick sale. However, if your home is in decent shape, listing on the MLS is the best option.

✍️ Editor’s Take: We recommend you list your property on the MLS via Houzeo. 34% home buyers make an all-cash offer on the MLS. Plus, Houzeo’s offer management tool lets you compare and choose the best cash offer. Compare Sellers Advantage vs. Houzeo.

Is Sellers Advantage Legit?

Yes, Sellers Advantage is a legitimate cash buyer company in Southern California. The company was founded by Damon Lines in 2015. Sellers Advantage has headquarters in Irvine, CA.

As per our research, the company has various reviews on credible websites like Google reviews and BBB. They also have an A+ BBB rating that backs their quality of service.

Properties Sellers Advantage Purchases

Sellers Advantage purchases all kinds of homes. So, whether your home needs significant repairs or is on the verge of foreclosure, the company will buy it.

Some of the eligible properties include:

• Homes with structural damages
• Rental properties with bad tenants
• Inherited houses
• Houses facing foreclosure

Sellers Advantage Coverage

Sellers Advantage operates only in Los Angeles, California. If you’re outside this area, you won’t be able to get a cash offer from them.

Houzeo, on the other hand, is present in all states, including DC. So, you can sell your home with them from anywhere in the US.

How Does Sellers Advantage Work?

It is pretty straightforward to get a cash offer from Sellers Advantage:

• Contact Seller’s Advantage: Reach out to Sellers Advantage to initiate the process. You can contact them through sellersadvantage.com.
• Schedule Assessment: Sellers Advantage will conduct a physical home inspection of your property.
• Get an Offer: Seller’s Advantage will make a no-obligation cash offer. If their offer doesn’t meet your expectations, you can choose to decline it.
• Close the Deal: If you wish to accept the offer, you can close on the house without any commission. Seller’s Advantage usually closes on the house within 10 days to 14 days.

🚨 No Preliminary Cash Offer: It is worth noting that Seller’s Advantage doesn’t provide any initial offer before inspection. Usually cash buyers tend to do that.

How Much Does Seller’s Advantage Pay?

A cash buyer typically offers 50% to 70% of the fair market value of a house. While Seller’s Advantage doesn’t disclose details, customer reviews imply their offers fall within a similar range. For a house worth $450,000, you might get $315,000 to $225,000.

Market conditions, local real estate trends, and seasonal fluctuations also impact the offers. So, if your house is near the RBOC building, you might get a better offer. If that is not the case, your offer may be a lowball one.

» 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.

Sellers Advantage Reviews

As per our research, Sellers Advantage has a presence on various credible websites like Google and BBB. They have a 4.7/5 rating from 356 reviews on Google. On BBB, they are rated 4.85/5 based on 275 reviews.

Positive reviews praise the fast selling process. On the other hand, negative ones highlight lowball offers.

Here are some real-life Sellers Advantage reviews:

Sellers Advantage Reviews: Praises

✅ Kary was taken away with the services of Seller’s Advantage. They loved the promptness of the company.

✅ Tamara had a great experience with Seller’s Advantage. They appreciated the compassion and consideration of their representatives.

Sellers Advantage Reviews: Complaints

❌ Harry said Seller’s Advantage’s fast sale is only worth it when sellers don’t care about their home’s equity. They got an offer 30% lower than what they later sold for.

❌ Jyll was extremely frustrated when Seller’s Advantage backed out of their legal contract. The company pointed out property issues after making an offer, even though they had already inspected it.

Sellers Advantage Pros and Cons

Here are the pros and cons of the Seller’s Advantage:

✅ Pros

• Buys Houses As-Is: With Seller’s Advantage, you can sell your home even if your property faces foreclosure or needs heavy repairs.
• Quick Closing: As per Seller’s Advantage reviews, you can close in as little as two weeks. They also have a flexible timeline and can close on a date suitable for you.
• No Commissions: You don’t have to pay any agent commission or other closing costs when you sell your home to Seller’s Advantage.
• No Contingencies: Cash buyers don’t rely on mortgage approvals or home inspections. This limits the uncertainties associated with the sale.

❌ Cons

• Lowball and Unfair Cash Offers: Your cash offer could be 50% to 70% of your home’s market value. Several Seller’s Advantage reviews also highlight this fact.
• No Scope for Negotiation: With Seller’s Advantage, you don’t have room to negotiate your cash offer. You can either accept what they offer or walk away.
• Limited Coverage: Seller’s Advantage limits its coverage to Los Angeles. As a result, you might not be able to sell with them from anywhere in the US.
• Sub-par Customer Services: As per multiple reviews of Seller’s Advantage, their representatives are less responsive. They don’t show up for home inspection or change offers after your acceptance.

Sellers Advantage vs Competitors

» Jump to: Seller’s Advantage vs. Houzeo | Seller’s Advantage vs. Opendoor | Seller’s Advantage vs. HomeVestors

1. Seller’s Advantage vs. Houzeo

Sellers Advantage is a cash buyer company. They make a single, non-negotiable cash offer on your home. You won’t have multiple offers to compare, and the price is set by them.

Houzeo, on the other hand, works differently. They are a cash buyer marketplace that helps you list your home on the MLS. This gives you access to multiple cash buyers, increasing your chances of getting a top-dollar deal.

2. Eligibility Criteria: Seller’s Advantage vs. Opendoor

Seller’s Advantage is a typical cash buyer. They purchase homes in any condition. However, you compromise on your home’s equity by selling to them.

Opendoor, on the other hand, is an iBuyer. They typically pay up to 80% of your home’s fair market value. This is better than what Seller’s Advantage offers. However, Opendoor has strict eligibility requirements. They also do not buy homes as-is.

3. Coverage: Seller’s Advantage vs. HomeVestors

Sellers Advantage offers cash-buying services only in Los Angeles, California. As a result, you might not be able to avail of their services from anywhere in the US.

HomeVestors is also a cash home buyer. Their offers are more or less similar to Seller’s Advantage – 50% to 70% of your home’s worth. However, HomeVestors operates in 47 states and DC. If Seller’s Advantage is not available in your area, they could be a viable alternative.

Companies That Buy Houses for Cash Near Me 🔍

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. As one-third of home buyers pay in cash, you can get 100% FMV of your house in cash by selling FSBO.
• 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%.

Sellers Advantage Reviews: Should You Sell Your House to Them?

Yes, you could sell your home with Sellers Advantage. They are great for home sellers who want to sell as-is. Furthermore, you enjoy a hassle-free process, quick closing, and a non-contingent cash offer. However, your offer will be just 50% to 70% of your home’s FMV.

If you want to keep more of your home’s equity, listing on the MLS is the best choice. Many cash buyers, both local and national, make offers on the MLS. Houzeo lets you list on the MLS with ease. Furthermore, their in-house tools help you compare offers and pick the best one.

» Houzeo Reviews: Check how over 10,000 home sellers saved thousands on commission with Houzeo.

Frequently Asked Questions About Seller’s Advantage