As of August 2024, Orlando’s housing market is seeing noticeable changes. Home sales have decreased by 13.4% compared to last year, with approximately 387 homes sold. The average home value has increased to $385,207, marking a 4.1% year-over-year rise. On average, homes in Orlando are now spending around 54 days on the market.
For homeowners in Orlando looking to sell, options include traditional real estate methods, selling independently, or partnering with cash-buying companies, which are becoming more popular.
If you’re looking to sell your Orlando home quickly and with minimal stress, iBuyer.com offers fair cash offers tailored to the specific demands of the Orlando market, ensuring a smooth and efficient sale process.
Cash buyers present an attractive option by purchasing homes outright, eliminating the need for staging, repairs, or waiting for buyer financing. The advantages include a fast transaction, no contingencies, and immediate payment. In this article, we’ll review the top cash buyers in Orlando as of 2024, highlight their unique features, and provide tips on selecting the best cash buyer for your situation.
At iBuyer.com, we utilize advanced technology to connect sellers with cash buyers who’ll provide competitive cash offers. Enter your address now to see how much you could receive from your property sale in minutes.
Cash Offers in Orlando
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Companies That Buy Houses For Cash in Orlando
Here are the best cash home buyers in Orlando:
- iBuyer.com
- Opendoor
- Offerpad
- Florida Cash Home Buyers
- We Buy Ugly Houses
- House Heroes
- We Buy Houses
- Lemon Houses
1. iBuyer.com
Offer in 24-48 hours
No commissions or fees
Close in 7 days
iBuyer.com uses technology to streamline the home valuation process. This technology uses advanced algorithms to calculate the value of your home based on real estate comparables in your area.
In this way, iBuyer.com can make an offer on your home within 24 hours and typically close the sale in under two weeks. All you need to do is sign up on the iBuyer.com platform, enter some basic information and your address, and the system does the rest.
Ensure you enter the correct property details like square feet, number of bedrooms and bathrooms, and construction year.
You can also upload photos of your home. It’s best to provide the maximum number of high-resolution images in this section.
iBuyer.com calculates its pricing on a range of possible offers for your home based on the information you provide. The sign-up process is quick, easy, and free.
There are fewer closing costs associated with selling your home to iBuyer.com, and they don’t charge a service fee as many other cash home buyers do.
You enjoy the following benefits when you sell to iBuyer.com:
- Fast, convenient sales
- No real estate agent’s commission
- Fewer closing costs
- Fair, near-market-value offers
- Obligation-free cash offers within 24 hours
- No home inspection
- No staging process
- No showings for potential buyers
Browse the reviews section of our website for iBuyer.com customer reviews. We also have 46 reviews on Trustpilot, where 83% of customers give iBuyer.com a five-star rating.
iBuyer.com can put you in touch with buyers anywhere in the country, including many areas in and near the Orlando metro area. So, if you’re looking for a reputable Orlando cash buyer, enter your address on our home page and receive a cash offer within 24 hours.
2. Opendoor
Flexible closing
5% Service Fee
1% Closing Costs
Opendoor, established in 2014, is the largest iBuyer in the United States. This company aspires to give home sellers the ability to move quickly when necessary.
Opendoor makes all cash offers within 24 hours and charges a low 5% service fee when they buy your house in Orlando. They provide flexible closing timelines, varying between 14 and 60 days.
The seller pays all relevant closing costs if they sell their home to Opendoor. This company bases its prices on prevailing market values in your area, using assessment algorithms and industry data.
When you agree to their initial offer, an Opendoor representative will visit your home. Afterward, they provide you with a final offer after deducting the estimated cost of repairs to the house.
If you prefer to sell your home on the open market for a higher price, Opendoor can guide you through this process, too.
Opendoor offers the following benefits if you want to sell your home for cash:
- Receive an offer within 24 hours
- Flexible closing time
- No cancellation fee
- No-obligation offers
- Offers are valid for seven days
- Sell your home as-is, subject to certain criteria
Opendoor has 190 reviews and an average rating of 1.36 with the Better Business Bureau and 1.4 stars out of 61 reviews on Trustpilot. On the review.io website, Opendoor has 3,143 reviews and a rating of 4.4 stars.
Opendoor buys property all over the United States, including Orlando.
3. Offerpad
Offer in 24 Hours
6% Service Fee
Help You Move Within 50 Miles
Offerpad is currently the second-largest iBuyer in the United States. This iBuyer pays reasonable prices based on real estate comps and an advanced algorithm.
With Offerpad, you’ll receive an offer within 24 hours, and they’ll send someone to visit your home before offering you a final price for it.
Offerpad allows you to choose a closing date. This company charges a 6% service fee, which excludes all the usual closing costs.
You can also take advantage of their Offerpad Flex option. Offerpad Flex allows you to request an offer before you place your home on the open market.
The Offerpad team will market your home, arrange cleaners, and complete repairs to help you sell your home. If you don’t receive an offer on your home, they’ll pay you their original offer minus what they’ve spent preparing it for sale.
Offerpad will even pay for moving costs within 50 miles of the home. They usually make offers on condos, townhomes, and other single-family homes built after 1960 and valued at under $600,000.
The benefits of selling to Offerpad include:
- Receiving an offer on your home within 24 hours
- The option to sell on the real estate market
- Assistance with moving within 50 miles
- Flexible closing dates
- No pre-sale repairs
- Specialize in older homes
- No rush to move after closing
Offerpad has 173 reviews and a 4-star rating on Trustpilot. The company has 260 reviews on the Better Business Bureau and a 4-star rating.
On the Review.io website, Offerpad has 21 reviews and a rating of 2.1.
Offerpad’s head office is in Chandler, AZ but they purchase homes all over the country, including Orlando.
4. Florida Cash Home Buyers
No Commissions or Fees
No-Obligation Cash Offer
Buy Homes In Any Condition
Florida Cash Home Buyers is a Fort Lauderdale-based company that pays cash for houses, renovates them, and then sells them at a profit. They specialize in distressed properties and buy homes as-is from people desperate to get rid of them.
This company buys homes facing foreclosure, inherited properties, homes with bad tenants, and homes in poor condition. They provide their clients with moving assistance after closing and even help them find a new place to live.
Florida Cash Home Buyers aims to provide their clients with a fast, hassle-free experience. They buy houses in any condition, anywhere in Florida, and will make you a cash offer within 48 business hours after inspecting your home.
When you sell your home to this company, you must call them to get the process started. They’ll schedule an appointment to view your home and conduct in-depth research to determine a fair price.
If you need to sell your home fast, you can schedule an appointment for the same day. Florida Cash Home Buyers does not charge a service fee and can close in 15 to 120 days.
Florida Cash Home Buyers deducts the estimated price of repairs from the home’s market value before making an offer. These are the benefits of working with Florida Cash Home Buyers:
- They buy homes in any condition
- Relocation assistance
- Same day appointments
- Fair prices based on necessary repairs
- They buy homes facing foreclosure
- No service fees
- They buy properties anywhere in Florida
- They buy houses with bad tenants
Florida Cash Home Buyers has a particularly good reputation, with an A+ rating from the Better Business Bureau. They also have a 4.5-star average rating out of 45 reviews on Trustpilot and a 4.7-star rating out of 113 reviews on Google Business.
Florida Cash Home Buyers has its headquarters in Fort Lauderdale. They buy homes all over Florida, including Tampa, Fort Lauderdale, Palm Beach, Miami, Orlando, Jacksonville, and the surrounding areas.
5. We Buy Ugly Houses
Fair Cash Offer in 24 Hours
Buy Houses As-Is
Pays Typical Closing Costs
We Buy Ugly Houses is a nationwide network of independent home investors that’s been in business since 1996. It is a subsidiary of HomeVestors and operates on a franchise model with independently owned offices all over the USA.
They specialize in buying houses in any condition to help homeowners get out of tough situations quickly.
We Buy Ugly Houses prefers in-person interactions and bases their offers on the market value of the home minus any costs necessary to get it into salable condition. If necessary, they can arrange a virtual consultation.
The company focuses on condos, duplexes, townhouses, free-standing homes, and multi-tenant buildings. Their process is similar to that of most cash investors comprising a home visit, a no-obligation cash offer, and a flexible closing date.
In most cases, We Buy Ugly Houses closes the deal within three weeks. They do not charge commission or a service charge and will visit your home within 24 hours of your inquiry.
We Buy Ugly Houses offers several benefits for home sellers, namely:
- Provides all-cash offers within 24 hours
- Closes on the sale within three weeks
- Buys distressed properties
- May consider commercial buildings
- No time-consuming repairs
- Simple 4-step process
- Low risk of the transaction falling through
- Buys rental properties with tenant issues
We Buy Houses service varies depending on which franchisee you’re dealing with. The Orlando branch has 57 reviews and a 4.9-star rating on Google. HomeVestors franchisees near Orlando have an A+ rating with the Better Business Bureau.
We Buy Ugly Houses operates in all 50 mainland U.S. states except Wyoming and North Dakota. In the Orlando area, We Buy Ugly Houses also buys homes in Clermont, Kissimmee, Sanford, and St. Cloud.
6. House Heroes
Fair Cash Offer in 24 Hours
Pays Closing Costs
No Commissions or Fees
Like We Buy Houses, House Heroes focuses mainly on buying distressed houses and helping homeowners get out of sticky situations. They buy homes as-is, those that have difficult tenants, and those involved in probate litigation.
When you reach out to House Heroes, you could receive an offer within minutes or a maximum of 24 hours later. House Heroes allows the seller to set the closing date and can complete the sale within a few days if necessary.
Their offers are subject to no hassles or obligations, and they don’t charge any fees or commissions for their services. They deduct all relevant closing costs before making an offer.
With House Heroes, you simply contact them with information about your property, such as upgrades, renovations, and the current condition of the interiors and exterior areas.
House Heroes prefers to customize their offers to help homeowners solve niggling issues such as tenant problems, foreclosures, probate, and tax auctions. This company buys houses, condos, apartments, and vacant land.
These are the benefits of working with House Heroes:
- They buy your house as-is
- Avoid expensive repairs
- A simple, three-step process
- Fast, flexible closing time
- Instant offers within 24 hours
- No time-consuming negotiations
- Will make offers on vacant land
- No obligation to sell
House Heroes has a 4.9-star rating out of 52 Google reviews and an A+ rating on the Better Business Bureau, with 13 reviews and a 4.69-star rating. On Facebook, they have 37 reviews and a 4.9-star rating.
House Heroes has extensive coverage in Florida, including Orlando, Miami, Tampa, and other major centers. This helps Florida homeowners sell their houses quickly, regardless of their circumstances or location.
7. We Buy Houses
Cash Offer in 24 Hours
No Fees
Close in 1-2 Weeks
We Buy Houses is another well-known brand that pays cash for homes. They buy properties, refurbish them, and then sell them for a profit.
Each office is independently run under the We Buy Houses banner, so service may differ depending on where you’re based. Every licensee is pre-screened before they can trade under this company’s banner.
We Buy Houses specializes in paying cash for distressed properties such as those facing foreclosure, inherited homes, and rental properties with problematic tenants. They will even buy homes with structural damage as well as those located in high-crime areas.
The process starts when you fill out an online form detailing your home’s location, construction date, and number of rooms. After that, one of We Buy Houses’ referred specialists will contact you within 24 hours of submitting your query.
You’ll receive a no-obligation cash offer within 24 hours after their representative visits your property. The offer is valid for 30 days.
If you choose to accept an offer from We Buy Houses, you can expect them to close within 7 to 14 days, or you can choose a closing date that suits you. You don’t pay any service fee, and they deduct all the closing costs from their offer.
The benefits of working with We Buy Houses are as follows:
- Operates across the USA
- A recognized, reputable brand
- No-obligation offers
- Avoid expensive repairs
- No closing costs
- Buys houses in any condition
- Pre-screened agents
- Avoid Foreclosure
- Receive an offer within 24 hours
- No agent’s commission
We Buy Houses has an A rating with the Better Business Bureau and a 2.6-star rating out of five reviews.
We Buy Houses has a vast national footprint, spanning all 50 states plus Washington, DC. They serve over 200 markets and are still expanding.
There’s a good chance you’ll find a We Buy Houses franchisee in your Orlando neighborhood if you want to sell your home for cash.
8. Lemon Houses
Buys Houses As-Is
Fair Cash Offer Within a Day
Close in 14 Days
Lemon Houses buys homes for cash based on their EasyCashSale System, which allows them to close within seven to 14 days. They buy inherited homes, homes in poor condition, homes facing foreclosure or a sheriff’s sale, and other distressed properties all over Central Florida.
Their simple, step-by-step process ensures a hassle-free and timely sale. They will make an offer on your home within one business day and usually buy it within two weeks.
Lemon Houses buys homes at below market value although they use comparables in your area to determine their offer. You simply fill out the online form, and they will contact you to arrange a meeting to discuss your unique circumstances.
This company bases its prices on the following aspects and does not charge a service fee:
- The market value of homes in similar condition in your area
- Cost of repairs and cleaning
- Outstanding back taxes or overdue HOA fees
- Closing costs
- Holding costs during renovations
After all these deductions, you likely won’t get much for your home, but you will be rid of all the hassles and stress associated with it.
These are the benefits of selling your home to Lemon Homes:
- Get out of financial trouble fast
- They buy homes in any condition
- They buy homes facing foreclosure
- No maintenance or repair costs
- No fees or commissions
- Fair prices based on your home’s current condition
- They buy homes from out-of-state homeowners
Lemon Houses has no reviews on Google, Trustpilot, or Facebook. They have one five-star review listed on birdeye.com.
On their website’s testimonials page, most customers praise their professionalism, helpfulness, and efficiency.
Lemon Houses buys distressed homes in Orange, Seminole, Brevard, Lake, Osceola, and Volusia Counties. Their footprint includes Orlando, Winter Park, Kissimmee, Winter Garden, and Oviedo.
How To Handle Cash Buyers in Orlando
If you’re wondering how to sell your home fast in Orlando, a cash home buyer might be a good option for you. These companies exist to help homeowners get out of difficult situations without the lengthy delays and risks associated with conventional real estate sales.
When you opt to sell your home via a realtor, you could wait up to 24 days to receive an offer on your home. You’ll also have to deal with the following expenses and delays:
- Real estate agents’ commissions
- Upgrading your home pre-sale
- Home inspections and necessary repairs
- Mortgage approvals
- Miscellaneous closing costs
- Negotiating with potential buyers
Companies that buy houses for cash help you eliminate these frustrating and expensive delays by offering you cash upfront for your home. You won’t receive as much money for your home as you would on the open market, but you’ll enjoy the benefits of a fast sale and fewer costs.
Four main types of buyers might pay cash for your home in Orlando:
Franchise Cash Buyers
These branded cash home buyers operate across a broad spectrum of individual franchisees across the country. They generally buy homes at cheap prices and then flip them.
In high-demand areas, they might refurbish a home and rent it out instead of selling it. Every franchisee operates according to the same format and has the same criteria for buying homes, although the parent company does not monitor them.
Some well-known brands, like We Buy Houses, collaborate with pre-screened investors who have the sole mandate to operate under that brand in certain areas. These companies forward homeowners’ inquiries to a local specialist in their area.
iBuyers
iBuyers use state-of-the-art technology to evaluate properties so they can come up with a fair cash offer. They usually offer more money for houses than most companies that buy houses for cash, but they have much stricter criteria.
iBuyers purchase homes that need little work done to them, refurbish them, and then sell them at a profit.
They offer a supremely convenient and streamlined process that begins with an online inquiry.
House Flippers
This group usually consists of smaller, privately owned companies that buy houses for cash so they can flip them down the line.
Due to the prohibitive costs associated with this process, they often make very low offers on houses, but they will buy houses in almost any condition.
Buy-and-Hold Investors
Buy-and-hold investors seek out homes in less-than-ideal condition that they can purchase at a low price. They refurbish these homes as quickly as possible and then rent them out.
When you work with a cash-for-houses company, you trade off receiving top dollar for your home against a speedy sale. This might be ideal in stressful situations, like:
- Home foreclosures
- Divorce sales
- Sheriff’s sales
- Rental homes with difficult tenants
- Unwanted inherited homes
- Older homes in bad repair
- Homes with structural damage
If you find yourself in one of these difficult positions, selling to a cash home buyer could provide the relief you need, provided you research your options and exercise due caution.
Make an Informed Decision
Selling your home fast for cash might bring welcome relief in dire circumstances, but you must do your homework first.
Above all, it’s important to be completely honest about your circumstances and the condition of your home, even if the company in question advertises that they buy homes in any condition.
Most cash home-buying companies tailor their offer according to your needs. If they discover any extra costs down the line, it could delay the process and affect how much they’re willing to pay.
Some homeowners who’ve worked with these companies say they feel cheated by the cash offered and pressured to agree to something they’re not happy with. You can avoid regret by following these steps before choosing a cash home-buying option:
Read Reviews
Reading online reviews and looking at company ratings on independent websites can help you decide whether to work with a company or not. You should also browse their websites to find out how the process works and discover more information about them.
Compare Costs and Time
Nothing is stopping you from comparing offers from various cash home buyers before you commit. You can also consult with a real estate agent to get their opinion on whether your home would sell in the current market and how much you might get for it.
Comparing a cash home buyer versus a conventional sale in terms of costs and time is often all you need to do to make up your mind.
Check Accreditations
Look online to see if the company has Trustpilot profile. Read reviews about transparency, customer service, and legitimacy.
Stand Firm
It’s easy to make the wrong decision when you’re in a tough situation. Remember, you are the seller, and no one can force you to sell to them. Don’t feel pressured to sell to the first company that makes you an offer.
Rather, do your research first, compare offers, and find someone you trust. In many cases, selling your home is an emotional decision, and you should take care to ensure you don’t regret it later on.
When you work with an iBuyer.com, you know you’re dealing with reputable operators who will offer the best price for your home under the circumstances.
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FAQs About Cash Home Buyers in Orlando
Do you have more questions about how to sell your home for cash? Browse these FAQs for some answers:
Cash home buyers generally pay between 50% and 70% of the home’s fair market value. This amount varies depending on the condition of your home as well as the buyer’s company policies.
Under ideal circumstances, it can take a minimum of 4 to 14 days to sell your home to a cash buyer. Some companies allow you to choose a different closing date if you wish to delay the process for any reason.
Sellers usually pay closing costs equal to around 8–10% of the home’s sale price. These fees are usually deducted before the seller receives their cash. Selling to a cash buyer does mean you can save on real estate agent’s fees and home inspection costs.
Some cash buyers will pay closing costs on your behalf and deduct this amount from their offer.
Yes, you can. Most cash buyers will buy homes as-is and undertake any necessary repairs themselves. In these cases, you can expect a lower cash offer on your home, as they deduct the estimated cost of repairs from their offer.
iBuyers will only invest in homes that don’t need major repairs.
You may need to pay capital gains tax on the proceeds from a cash home sale. These taxes usually only apply if you haven’t lived in the home for a certain amount of time or owned it for more than two years.
It’s best to speak to a tax professional for clear-cut answers about capital gains tax.