We Buy Houses Reviews: How It Works and What It Pays

 

We Buy Houses reviews summary

We Buy Houses reviews online are usually positive. The company has a 4.5/5 rating based on 689 reviews and is accredited by the Better Business Bureau (BBB). The BBB gives it an A– rating, although the customer score on BBB is just 2.6/5.

In our opinion, We Buy Houses offers some benefits if you want to sell fast for cash. You can close in as little as a week, and you don’t need to worry about repairs or closing costs. But you’ll get a lot less for your home than you would on the open market with a real estate agent. And there’s almost no room to negotiate with We Buy Houses.

We Buy Houses may be a legitimate option if your main priority is to sell as fast as possible no matter the cost. However, other cash buyers also make fast offers, so we strongly recommend comparing your options.

Our #1 We Buy Houses alternative

Our top alternative to We Buy Houses is Clever Offers. Clever doesn’t buy your home directly. Insead, its concierge gathers cash offers from multiple vetted buyers and presents them to you. You can compare these offers to make sure you get the best deal, even when you need to sell right away.

With Clever Offers, you also get connected with a full-service realtor who provides a free home valuation report. When you know what your house is likely worth on the open market, you have some negotiating power with the cash buyer you decide to sell to.

💰 Compare cash offers from vetted buyers. It’s free, and there’s no obligation!

What is We Buy Houses?

We Buy Houses is a cash buyer company — also called a “we buy houses” company — that operates nationwide. Cash buyers buy your home quickly at a steep discount. Since its founding in 1996, We Buy Houses has purchased homes from more than one million customers.

We Buy Houses is more credible than the average private cash buyer. It pre-vets investors and requires them to pay a licensing fee to advertise with the brand’s logo.

We Buy Houses purchases properties at a discounted price from sellers who are want to sell their home quickly and as is. Usually these sellers have special circumstances, like:

• An inherited home they don’t want to put money into
• A home in need of significant repairs
• A rental property with bad tenants
• An impending foreclosure

We Buy Houses won’t pay fair market value, but it is an established, credible brand. And you won’t need to pay for repairs, service fees, or closing costs. You can also expect a fast sale, with an offer in 24–48 h