We Buy Houses Reviews: Are They Really Worth It?

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User Rating (2 Reviews)

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We Buy Houses is a cash buyer. They purchase distressed properties in any condition. They partner with local investors to make the selling process quick and easy. You’ll receive a no-obligation cash offer after they evaluate your property.

Pros

• Get a cash offer in just 24 to 48 hours.
• No service fees or obligations on your part.
• Choose a closing date that works for you.

Cons

• Their offers fall below your home’s value.
• Your experience may vary based on the investor.
• Their cash offers are typically non-negotiable.

We Buy Houses is a cash buyer in top U.S. markets. They connect you with local real estate professionals to buy your home. With them, you can sell your home as-is and avoid agent commissions. Additionally, they can close the deal within 7 to 14 days.

But they offer only 50% to 70% of your home’s Fair Market Value. However, selling a house on a cash buyer marketplace helps you receive multiple offers. This way, you can get up to 100% of your home’s worth.

✍️ Editor’s Take: We recommend Houzeo over We Buy Houses. With its stellar technology and 5-star customer support team, Houzeo helps you receive multiple offers. Your property gains maximum exposure, and you can get up to 100% of your home’s FMV. Compare We Buy Houses vs. Houzeo.

Is We Buy Houses Legit?

Yes, WeBuyHouses is a legitimate company. They are based in Texas and operate in more than 200 markets across over 30 states in the U.S.

Jeremy Brandt founded We Buy Houses in 1997. WBH Marketing, Inc., the parent company, controls the business affairs of We Buy Houses.

How Does We Buy Houses Work?

When you contact WeBuyHouses.com, they match your property details with their list of investors. These investors may include their exclusive licensees. They may also be other real estate professionals interested in your property.

Here’s how you can sell your house to them:

1. Enter Your Property Details: Include the property type, number of bedrooms and bathrooms, and asking price. You will also need to provide the reason for selling the home.
2. Fix a Home Visit Schedule: After you provide the property details, they schedule a time to view your home. A We Buy Houses representative will visit your property.
3. Receive the Cash Offer: You get a cash offer within 24 to 48 hours after the home inspection.

We Buy Houses presents a no-obligation cash offer. If you agree, they usually complete the closing within 7 to 14 days.

We Buy Houses Reviews: Coverage

They are present in over 30 states in the U.S., including DC. They offer their services in more than 200 markets. If they don’t have an office in a particular area, they connect you with a local real estate professional.

How Much Does We Buy Houses Pay?

Most cash buyers offer 50% to 70% of your home’s market value. This is a standard industry practice for cash buyers. You can expect a similar offer from We Buy Houses. For a home worth $400,000, their cash offer could range from $200,000 to $280,000.

If you’re looking for a better alternative to We Buy Houses, Houzeo is the perfect choice. Houzeo connects you with multiple cash buyers, ensuring a more competitive offer. Plus, with 5-star customer support, you’ll have expert guidance every step of the way.

» What’s My Home’s Value: With Houzeo’s free Home Worth Estimator, you can quickly estimate your home’s market value. It shows you an approximate sale price based on current market trends.

We Buy Houses Reviews

WeBuyHouses has a 1-star rating out of 5 based on four reviews on Better Business Bureau.

We Buy Houses Positive Reviews

✅ Jill was thrilled with how quickly they received a cash offer from We Buy Houses.

✅ Larae praised the professionalism of the We Buy Houses representative.

WeBuyHouses.com Complaints

❌ Justin expressed frustration with We Buy Houses’ aggressive marketing tactics.

❌ Vanessa expressed frustration over the repeated calls from We Buy Houses representatives.

We Buy Houses Pros and Cons

Let’s consider the pros and cons of We Buy Houses to figure out if they suit your needs.

✅ Pros

• Sell in Any Condition: We Buy Houses purchases homes in their current condition. If your property is in foreclosure or needs repairs, you can still get an offer.
• Fast Cash Offer: We Buy Houses provides cash offers quickly. You’ll receive an offer within 24 to 48 hours after you submit the details.
• Quick Closing: We Buy Houses reviews suggest that the company claims to close deals within 7-14 days. They even offer flexibility to close on your preferred date.
• No Service Fees: We Buy Houses doesn’t charge any service fees. Plus, their cash offers come with no obligation.

❌ Cons

• Lowball Cash Offers: As a cash buyer, We Buy Houses typically offers 50% to 70% of your home’s market value.
• Varying Service Quality: Local real estate investors own and operate We Buy Houses offices independently. So, your experience will depend on the investor you work with.
• Limited Room for Negotiation: We Buy Houses reviews highlight little to no room for negotiation. This is because you get only one offer from them.
• No Preliminary Offer: WeBuyHouses.com reviews indicate they don’t give an initial offer upfront. Their representative conducts an inspection before making the offer.

We Buy Houses Competitors

» Jump to: We Buy Houses vs. Houzeo | We Buy Houses vs. HomeVestors | We Buy Houses vs. Offerpad

1. We Buy Houses vs. Houzeo

We Buy Houses extends a cash offer with a hassle-free home-selling process. However, you have to pay for this convenience by accepting a lowball offer.

On the other hand, Houzeo helps you sell a home as-is while getting most of your home’s equity. Top cash buyers in the market like Opendoor and HomeVestors extend offers on Houzeo’s MLS listings. This increases competition, resulting in better offers for your home.

2. We Buy Houses vs. HomeVestors

We Buy Houses closes within 7 to 14 days, making it a faster option. In contrast, HomeVestors takes 3 weeks or more to finalize the sale. So, it depends on whether you need a quick sale or can be flexible with the timeline.

3. We Buy Houses vs. Offerpad

We Buy Houses charges no service or cancellation fees. Offerpad, on the other hand, has a 5% service fee and a 1% cancellation charge. Their cash offers, however, may vary slightly.

Other Options You Should Consider

• Sell For Sale By Owner: For Sale By Owner websites help you sell a house yourself, saving thousands in agent commissions. Hence, selling FSBO can help you get the FMV of your house in cash.
• Sell Through a Realtor: A flat fee Realtor lists your property on the MLS and helps you at every step of home selling. However, you have to pay them 3% of the home 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%.

Is We Buy Houses Worth It?

Yes, We Buy Houses can be worth it. However, you will be compromising on thousands of dollars. This is because their cash offer typically ranges from 50% to 70% of your home’s Fair Market Value.

On the other hand, a cash buyer marketplace like Houzeo can help you avoid that. With Houzeo, you can compare offers and negotiate with multiple buyers. This helps you secure the best deal and keep more of your home’s equity.

» Houzeo Reviews: See how Houzeo helped more than 10,000 home sellers get top dollar for their homes.

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