As of August 2024, Cincinnati’s housing market has experienced some changes. Home sales have increased by 8.0% year-over-year, with about 351 homes sold. The average home value has climbed to $243,816, marking a 6.3% increase compared to last year. On average, homes in Cincinnati are now staying on the market for around 28 days.
For homeowners in Cincinnati considering selling, options range from traditional real estate methods and selling independently to working with cash-buying companies, which are gaining traction.
If you’re looking to sell your Cincinnati home quickly and with minimal stress, iBuyer.com offers competitive cash offers tailored to the specific needs of the Cincinnati market, ensuring a smooth and efficient sale process.
Cash buyers are a compelling choice because they purchase homes outright, eliminating the need for staging, repairs, or waiting for buyer financing. The benefits include a fast transaction, no contingencies, and immediate payment. In this article, we’ll review the top cash buyers in Cincinnati for 2024, discuss their unique features, and offer tips on selecting the best cash buyer for your needs.
Cash Offers in Cincinnati
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Companies that buy houses for cash in Cincinnati
You’ll learn about the advantages of selling your home for cash and how it can save you time and money. Plus, you’ll find out how to avoid the traditional complications of the real estate market.
- iBuyer.com
- Opendoor
- Ohio Cash Buyers
- Cincinnati House Buyer: ASAP Properties
- We Buy Houses Cincinnati
- Express Homebuyers Cincinnati
- We Buy Ugly Houses Cincinnati
1. iBuyer.com
Offer in 24-48 hours
No commissions or fees
Close in 7 days
iBuyer.com is a platform that connects homeowners with Cincinnati companies that buy houses for cash. It makes it easy for those who want to sell their homes quickly and without hassle. iBuyer.com works with various home buyers, including Cincinnati real estate investors and companies that specialize in buying homes for cash.
When you choose iBuyer.com to sell your house, you can expect a quick and smooth process. Offers are usually made within 24 to 48 hours. The closing process can be completed in as little as seven days, depending on your preferences and the buyer’s requirements.
iBuyer.com takes pride in offering fair market value for your property. They ensure that you get the best possible deal when selling your house. Their platform allows you to compare offers from multiple buyers, so you can choose the one that best suits your needs.
iBuyer.com also aims to make the selling process more convenient by covering most of the closing costs. This means you’ll have fewer expenses to worry about during the sale.
One of the standout features of iBuyer.com is its flexibility when it comes to the condition of your home. They understand that not every homeowner has the time or resources to make repairs or upgrades before selling.
Instead, they work with buyers who are willing to purchase homes “as-is.” This means you can sell your house without having to invest in costly repairs or renovations.
When you choose iBuyer.com to sell your house fast in Cincinnati, you’ll enjoy several key benefits that make the process quick, easy, and stress-free. Some of the main advantages of using iBuyer.com include:
- Get an offer for your home with just a few clicks and close the deal within weeks
- iBuyer.com purchases homes as-is, so there’s no need to invest time and money in repairs or staging to attract buyers
- iBuyer.com doesn’t charge sellers any commissions or fees, allowing them to keep more of the sale proceeds
- The platform simplifies the selling process by removing realtor involvement
iBuyer.com has built a solid reputation among homeowners who have used their services to sell their properties quickly and efficiently. Their online reviews reflect a high level of customer satisfaction.
Many praise the platform’s ease of use, quick offers, and the fairness of the offers they received. Many customers appreciate the lack of realtor involvement. Reviews on Trustpilot (4.4 out of 5) show that iBuyer.com is a trusted and reliable choice for those looking to sell their homes in Cincinnati.
iBuyer.com’s services are available across the United States, including Cincinnati and the surrounding areas. Their extensive network of iBuyers ensures that you have access to the best cash buyers in your local real estate market.
2. Opendoor
Offer in 24-48 hours
5% Commission
1% Closing Fees
Opendoor is a real estate platform that simplifies the process of buying and selling homes. They offer two primary services: selling your home directly to Opendoor and getting help listing your home. Both options are designed to streamline the process and make it as easy as possible for homeowners.
When you choose to sell your home directly to Opendoor, you pay a service charge of 5% and estimated closing costs of 1% for a stress-free sale. They provide a cash offer, allowing you to skip showings and repairs.
You can also choose your closing date. The cost of repairs, determined by Opendoor’s assessment, is deducted at closing. This means you don’t have to pay anything out of pocket.
Their valuation range is usually between $100,000 and $600,000, although it can be as high as $1.4 million, depending on the market. They typically buy homes built after 1930 and located within their service areas. This may include gated and age-restricted communities, depending on the market.
They do not buy pre-fabricated or mobile homes.
When you sell your home directly to Opendoor there are several benefits to consider. Here are a few:
- Get a competitive cash offer and get paid quickly
- Skip showings and repairs by doing a video walkthrough
- Choose your closing date and move on your schedule
Opendoor has a mixed reputation, with a 4.4-star rating on Reviews.io but only a 1.5-star rating on Trustpilot. Positive reviews mention an easy process and good customer support, while negative reviews focus on lowball offers and high repair costs.
The company also has an A- rating from the BBB but faces similar complaints. In 2022, Opendoor was ordered to pay $62 million to settle a Federal Trade Commission lawsuit over alleged misleading claims and financial losses suffered by home sellers.
Opendoor has a significant presence in the United States, covering many cities, including Cincinnati. Their wide footprint allows them to cater to the needs of homeowners looking to sell their homes in various real estate markets across the country.
3. Ohio Cash Buyers
Offer in 24-48 hours
0 closing costs
Flexible closing timeline
Ohio Cash Buyers is a reputable company that specializes in buying houses as-is in the Greater Cincinnati and Dayton regions of Ohio. The company’s mission is to provide a stress-free, hassle-free, and cost-effective alternative to traditional methods of selling a house.
They are not real estate agents or brokers, but rather direct house buyers with funds always at the ready. This enables them to purchase properties quickly and efficiently.
The process of working with Ohio Cash Buyers is simple and straightforward. Sellers can contact the company to provide information about their property and situation. Within 24-48 hours, Ohio Cash Buyers will present a fair, no-obligation cash offer.
If the seller accepts the offer, the company will schedule an informal visit to the property. After this stage, they’ll set a closing date that best fits the seller’s timeline.
Closing can occur in as little as seven days or on a date chosen by the seller. The entire process is facilitated by a local, reputable title company.
Ohio Cash Buyers stays in touch with the seller throughout the process to address any questions or concerns they may have. The company covers all closing costs, and there are no commissions or fees involved.
Ohio Cash Buyers purchases properties in any condition, whether ugly or pretty and sometimes even buys apartments. They don’t require appraisals or formal inspections. They also claim to pay fair, reasonable prices based on factors such as:
- Location
- Necessary repairs
- Property condition
- Comparable sales in area
Ohio Cash Buyers offers a range of benefits for those looking to sell their properties quickly and easily. Here are a few to consider:
- Receive a cash offer within 24-48 hours and close within seven days or on a date of your choice
- The company buys properties as-is, saving sellers time and money
- The company determines offers based on factors such as location, necessary repairs, property condition, and comparable sales in the area
- Ohio Cash Buyers works with sellers to ensure a smooth, stress-free experience
Ohio Cash Buyers has a strong reputation for providing exceptional service and fair offers to sellers. Their online reviews on platforms like Google, Facebook, and Trustpilot (4.4 out of 5) are overwhelmingly positive, demonstrating their commitment to customer satisfaction.
The company primarily operates in the Greater Cincinnati and Dayton regions of Ohio, purchasing properties in various neighborhoods, communities, and cities.
However, they encourage potential sellers to reach out even if their property is not on their preferred area list, as they may still be interested in making an offer. The company is dedicated to helping homeowners sell their properties quickly and easily, regardless of location.
4. Cincinnati House Buyer: ASAP Properties
Offer in 24 hours
Closing in 1-2 weeks
Buys houses “as-is”
Cincinnati House Buyer: ASAP Properties is a Cincinnati-based company that helps homeowners sell their houses quickly for cash. Their unique and efficient process, the “Triple-10 Service,” simplifies the home selling experience, reducing stress and saving time.
With a 10-minute walkthrough, homeowners can receive an all-cash offer within 24 hours, even for properties that require significant repairs or have sustained damage. This means there is no need for open houses, or multiple visits from potential buyers, brokers, home inspectors, or appraisers.
ASAP Properties stands out for its quick and transparent process, which includes a 10-minute review of an easy-to-understand two-page purchase agreement. The offer made is the offer presented, ensuring no changes or surprises.
The closing process is also streamlined, with most closings occurring within one to two weeks, 90% of the time. They also cover all closing costs and provide flexibility in choosing the closing location, whether at the house, an office, or even a restaurant.
One of the major advantages of working with ASAP Properties is their commitment to buying houses in any condition, such as those with storm, fire, water, or termite damage, as well as homes with junk, clutter, or unfinished construction. They also handle all details related to the title, liens, lender, or probate, offering fast and free services without any obligation or risks.
ASAP Properties offers several benefits to homeowners who want to sell their house quickly and efficiently. Here are a few to think about:
- The Triple-10 Service streamlines the home selling experience, saving homeowners time and stress
- Homeowners can choose the closing date, time, and location, providing added convenience
- ASAP Properties offers a no-pressure approach, allowing homeowners to make the best decision for their situation
- They keep all information confidential and do not list houses traditionally on the internet
ASAP Properties has received five-star online reviews on platforms such as Google, Facebook, and the Better Business Bureau, highlighting their efficient process and excellent customer service. They have, however, received three complaints in the last three years through the BBB but maintain an A rating.
ASAP Properties primarily serves Cincinnati and the surrounding communities in Butler, Clermont, Hamilton, and Warren Counties in Ohio. They buy houses fast for cash, helping homeowners in these areas sell their properties quickly and efficiently.
5. We Buy Houses Cincinnati
Offer in 24-48 hours
Closing in 7-14 days
No fees or commissions
We Buy Houses is a national cash home buyer with a presence in over 200 markets and 30 states across the U.S., including Cincinnati. They specialize in purchasing homes, condos, land, and all types of real estate in any condition and price range. As the original and only official We Buy Houses company, they connect homeowners who want to sell their house quickly with qualified local home buyers.
We Buy Houses investors understand that selling a home can be challenging, especially if homeowners are behind on payments or have a house in need of repair. They simplify the process by providing clear cash offers to purchase properties.
Additionally, they present other options that may be available to homeowners. They are committed to helping homeowners avoid scams and illegitimate companies by ensuring they work with an official, local We Buy Houses licensee.
With We Buy Houses, homeowners can receive a cash offer within 24-48 hours after filling out the home seller form or contacting them directly. There are no real estate agent fees or commissions associated with selling a house through We Buy Houses, and they purchase homes as-is, meaning there is no need for repairs. Depending on the situation, they can close within 7 to 14 days, making the process quick and efficient for homeowners.
We Buy Houses Cincinnati offers numerous advantages for homeowners who want to sell their properties quickly and conveniently. Here are a few to consider:
- Homeowners can receive a cash offer within 24-48 hours, expediting the home-selling process
- There are no real estate agent fees or commissions involved in selling a house through We Buy Houses
- They purchase properties in any condition, eliminating the need for homeowners to make repairs
- Depending on the homeowner’s situation, they can close within 7 to 14 days
We Buy Houses is a reputable and well-known company that is accredited with the BBB with an A rating. It has positive online reviews on various platforms, including Upnest and Birdeye. Customers comment on their efficient home-buying process and excellent customer service.
We Buy Houses Cincinnati serves the Cincinnati area and surrounding regions, providing local expertise and assistance to homeowners looking to sell their properties quickly. With a presence in over 200 markets and 30 states across the U.S., they have extensive experience and knowledge of various real estate markets.
6. Express Homebuyers Cincinnati
Flexible closing
Close in 7 days
Express Homebuyers is a reputable home-buying company that has been in business since 2003. They aim to provide homeowners with a hassle-free way to sell their properties quickly for cash.
With an B+ rating from the Better Business Bureau, they have successfully purchased thousands of houses, helping homeowners avoid foreclosure, get rid of inherited home headaches, and pay down bills or spend the cash however they choose.
The process of selling a home to Express Homebuyers is straightforward and efficient, consisting of three main steps.
First, homeowners call the company for a no-obligation, risk-free offer. Next, a home visit is scheduled to review paperwork and finalize the offer. Finally, homeowners choose their settlement date, close in as little as seven days, and receive their cash fast.
By selling to Express Homebuyers, homeowners can skip traditional home selling hassles, such as agent fees, closing costs, and costly home repairs to make their property market-ready.
Express Homebuyers Cincinnati offers several key advantages for homeowners who want to sell their homes quickly and without hassle. Here are a few to think about:
- Homeowners can save money by avoiding traditional real estate agent fees and closing costs
- Express Homebuyers purchases properties as-is, meaning homeowners do not need to invest in repairs to make their home market-ready
- Homeowners can close in as little as seven days, allowing them to quickly access the cash they need
Express Homebuyers has an excellent reputation and is highly regarded by homeowners for their efficient and reliable home-buying process. They have a B+ rating from the Better Business Bureau, and their online reviews on platforms like Trustpilot (4.3 out of 5) showcase their commitment to customer satisfaction.
However, in 2022, the company entered into a Consent Order with the Office of the Attorney General of the District of Columbia. To resolve allegations of misleading marketing practices they agreed to pay a $70,000 fine.
Express Homebuyers Cincinnati serves the Cincinnati area and surrounding regions, providing local expertise and support for homeowners looking to sell their properties quickly. With a strong track record of success since 2003, they are well equipped to handle various real estate markets and meet the unique needs of homeowners in the area.
7. We Buy Ugly Houses Cincinnati
Sell your house “as-is”
Close in 3 weeks
No fees or commissions
We Buy Ugly Houses Cincinnati is a trusted solution for homeowners who want to sell their homes quickly and for cash. With an excellent reputation and coverage throughout the Cincinnati area, they provide a reliable way for homeowners to sell their homes without the hassle of traditional methods.
We Buy Houses investors understand that selling a home can be challenging, especially if homeowners are behind on payments or have a house in need of repair. They simplify the process by providing clear cash offers to purchase properties.
When you choose We Buy Ugly Houses Cincinnati, you can expect a fair cash offer on your house, often after just one visit. They don’t charge commissions and pay typical closing costs. The company can close the deal in as little as three weeks, or later if it suits your schedule better.
They stand out among Cincinnati companies that buy houses for cash because they buy homes “as is” – meaning you don’t need to make any repairs or even clean the house before selling it.
We Buy Ugly Houses Cincinnati offers several benefits to homeowners looking to sell their house fast. Some of the main advantages include:
- No commissions or hidden fees
- Payment of typical closing costs
- Ability to close the deal in as little as three weeks
- Buying houses “as is,” with no need for repairs or cleaning
We Buy Ugly Houses has mixed reviews across the board reviews from homeowners who have used their services.
They have been praised on platforms like the Better Business Bureau and review site Reviewopedia for their fast, fair, and hassle-free process but have just as many reviews declaring them a scam and calling them out for unsolicited mail. They have an A+ rating and are accredited by the Better Business Bureau.
We Buy Ugly Houses Cincinnati serves a wide area around Cincinnati. They also claim to be the largest US franchisor in the business of buying houses with over 800 independently owned and operated franchisees in 47 states. They provide an easy and fast way to sell your house in many communities.
What are cash home buyers?
Cash home buyers are individuals or companies that purchase properties directly from homeowners without the need for a traditional real estate agent or bank financing. These buyers typically use their own cash reserves to make the purchase, which means that the sale can be completed quickly, often in as little as a few days or weeks.
✅ Benefits of selling to a cash home buyer
Selling your home to a cash buyer can offer several benefits, including:
- Speed: One of the most significant advantages of selling to a cash buyer is the speed at which the transaction can be completed. Since cash buyers don’t need to wait for mortgage approvals or other financing, they can often close the sale within days or weeks, which can be particularly beneficial if you need to sell your home quickly.
- Convenience: Selling to a cash buyer can also be very convenient, as you won’t need to deal with the hassle of listing your home, staging it for showings, or negotiating with potential buyers. Instead, you can simply receive an offer and choose whether or not to accept it.
- Reduced costs: Selling to a cash buyer can also help you save money on some of the expenses associated with traditional home sales, such as real estate agent commissions, closing costs, and repairs or upgrades to make your home more marketable.
- Certainty: When you sell your home to a cash buyer, you can have more certainty about the sale process and the outcome. There are no contingencies or financing issues to worry about, which can provide peace of mind and help you plan for your future.
- As-Is sales: Finally, cash buyers are often willing to purchase properties in their current condition, which means that you won’t need to spend time or money making repairs or upgrades to your home before selling it. This can be particularly appealing if you have a property that is in disrepair or requires significant renovation.
Selling your home to a cash buyer can be a convenient, fast, and cost-effective option that can provide a range of benefits depending on your situation. However, it is important to carefully evaluate any offers you receive and work with a reputable buyer to ensure a fair and transparent transaction.
🔴 Risks of selling to a cash home buyer
While there are several benefits to selling your home to a cash buyer, there are also some risks and drawbacks to consider. These include:
- Lower offers: Cash buyers may offer lower purchase prices than traditional buyers, especially if they know that you are in a hurry to sell. This means that you may need to compromise on price in order to secure a fast sale.
- Scams: There are some cash buyers who engage in scams or fraudulent practices, so it is important to do your due diligence and research any buyer or company you are considering working with. Look for reviews, testimonials, and references to ensure that you are working with a reputable buyer.
- Limited market: Cash buyers may have specific criteria for the properties they are willing to purchase, which can limit your potential market. For example, some cash buyers may only purchase properties in certain neighborhoods, or may only be interested in properties of a certain size or condition.
It’s essential to weigh the pros and cons of selling to a cash home buyer and determine if it is the right option for your situation. Ensure that you have a thorough understanding of the process and the risks involved before making a final decision.
⚠️ What to look for in a reputable cash home buyer
When looking for a reputable cash home buyer company, there are several factors to consider. These include:
Reviews and ratings
Research the company’s reputation by reading online reviews and checking references. Look for any red flags, such as complaints about scams, fraud, or other unethical practices.
Transparency and communication
Look for a company that is transparent about its process and offers clear and upfront communication. A reputable cash buyer should be willing to answer your questions and explain their buying process in detail.
Competitive offers
Ensure that the company is offering you a fair price for your property based on its current market value. Compare offers from multiple buyers to ensure that you are getting a fair deal.
Local expertise and experience
Check to make sure that the company you are considering is licensed and accredited to operate in your area. Look for industry affiliations and certifications, as well as any awards or recognition the company has received.
Types of cash home buyers in Cincinnati
There are several types of cash home buyers that you may encounter when looking to sell your property. These include:
iBuyers
iBuyers are online companies that use technology and data analysis to make quick offers on homes. They typically buy properties as-is, without the need for repairs or upgrades, and can complete the sale quickly. However, their offers may be lower than what you could get on the open market.
We Buy Houses companies
These companies specialize in purchasing properties as investments and may offer cash for your home. They may also offer other services, such as property management or renovation services, to help you get the most out of your sale.
Flippers
House flippers are investors who purchase properties, make repairs or upgrades, and then sell them for a profit. They may offer cash for your property, but their offers may be lower than what you could get on the open market since they need to make a profit on the sale.
Buy-and-hold companies
Buy-and-hold companies are a type of real estate investment company that focuses on purchasing properties as long-term investments. These companies typically purchase properties that they believe will appreciate in value over time, and hold onto them for several years, renting them out to tenants to generate rental income.
How do cash home buyers work?
Cash home buyers typically work by purchasing properties directly from homeowners for cash. The process of working with a cash home buyer can be fast and convenient, as it typically involves fewer steps and less paperwork than a traditional home sale.
However, it’s important to carefully evaluate any offers you receive and work with a reputable buyer to ensure a fair and transparent transaction.
The typical process of selling a home to a cash home buyer
- Initial consultation: The cash buyer will typically schedule an initial consultation with the homeowner to discuss the property and the sale process. During this consultation, they may ask questions about the property’s condition, location, and other relevant details to determine whether it meets their investment criteria.
- Property inspection: The cash buyer may then schedule a property inspection to assess the property’s condition and estimate any necessary repairs or renovations. This inspection can help the cash buyer determine how much they are willing to offer for the property.
- Cash offer: Based on the property inspection and other factors, the cash buyer will typically make a cash offer for the property. This offer may be lower than the property’s market value, as the cash buyer is looking to make a profit on the purchase.
- Negotiation: The homeowner can then negotiate the terms of the offer with the cash buyer, including the purchase price, closing date, and other details. If both parties agree on the terms, the homeowner can accept the offer and move forward with the sale.
- Closing: The cash buyer will typically arrange for the closing of the sale, which may involve paying off any existing mortgages or liens on the property, transferring ownership to the cash buyer, and disbursing the proceeds of the sale to the homeowner.
Tips for preparing your home and negotiating with a cash home buyer
Preparing your home and negotiating with a cash home buyer can help ensure a successful and profitable sale. Here are some tips to help you prepare your home and negotiate with a cash home buyer:
- Clean and declutter your home: Before listing your home for sale, it’s essential to clean and declutter your home. This will help your home look more attractive to potential buyers and make it easier for them to imagine themselves living there.
- Make minor repairs: Make any minor repairs or upgrades to your home that can help increase its value. This can include fixing leaky faucets, replacing worn-out carpet, or painting the walls.
- Get multiple offers: Get multiple offers from different cash home buyers to ensure that you are getting a fair price for your property. You can compare offers and negotiate with the buyer who offers the best deal.
- Be transparent: Be transparent about your home’s condition and any issues that may need to be addressed. This can help build trust with the cash home buyer and ensure a smoother transaction.
- Know your bottom line: Determine your bottom line before negotiating with a cash home buyer. This will help you avoid settling for a lower price than you are comfortable with and help you negotiate more effectively.
Questions to ask and information to gather during the decision-making process
When considering a cash home buyer, it’s important to ask questions and gather information to help you make an informed decision. Here are some questions to ask and information to gather during the decision-making process:
- What is their experience in the local real estate market?
- What is their process for determining the purchase price of a property?
- What fees or commissions do they charge, and how are they calculated?
- How quickly can they close the sale?
- What repairs or upgrades will they expect you to make before purchasing your property?
- Do they have any references or reviews from past clients?
By asking these questions and gathering information, you can make a more informed decision when choosing a cash home buyer. You’ll be better equipped to evaluate different offers, negotiate the best deal, and ensure a smooth and successful sale.
A smarter way to sell your home
Selling your home to a cash home buyer in Cincinnati can be a smart, efficient, and stress-free decision. By working with a reputable platform like iBuyer.com, you’ll enjoy the numerous benefits of cash for houses in Cincinnati, such as quick offers, fair market value, no need for repairs, and coverage of most closing costs.
Ready to talk to a cash home buyer in Cincinnati and see how much you could receive for your home? Head to our home page and submit your home address now to get started on the path to a quick, easy, and profitable home sale.
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❓ Frequently Asked Questions
Cash home buyers in Cincinnati typically make offers below market value, as they consider the costs of repairs, renovations, and their desired profit margin. The exact offer price depends on factors such as the home’s condition, location, and current market trends.
Selling a home to a cash buyer is typically faster than traditional sales, often taking as little as one week to close the deal. The exact timeline depends on factors like the buyer’s due diligence, title search, and any negotiations.
Selling to a cash home buyer often involves lower fees and costs compared to traditional sales. There are no realtor commissions, and buyers may cover some closing costs. However, sellers should account for any costs related to legal documentation, taxes, and potential discounts for a quick sale.
Yes, cash buyers typically purchase homes “as-is,” meaning they buy the property in its current condition without requiring repairs or renovations. They factor any necessary fixes into their offer price, making it convenient for sellers who want to avoid repair costs. If you’ve been searching for “buy my house Cincinnati”, a cash buyer could be a good option in this instance.
When selling to a cash home buyer, sellers must consider capital gains taxes on any profits made from the sale. Additionally, sellers should consult a real estate attorney to ensure that all legal documents, such as purchase agreements and disclosures, are properly prepared and executed to avoid potential issues.
