As of August 2024, Utah’s housing market is experiencing some shifts. Home sales have increased by 8.5% year-over-year, with around 3332 homes sold. The average home value has increased to $521,221, reflecting a 1.6% rise compared to last year. On average, homes in Utah are now staying on the market for about 44 days.
For homeowners in Utah considering selling, options include traditional real estate methods, selling independently, or working with cash-buying companies, which are becoming more popular.
If you’re looking to sell your Utah home quickly and with minimal hassle, iBuyer.com offers fair cash offers tailored to the specific needs of the Utah market, ensuring a smooth and efficient sale process.
Cash buyers are an attractive choice because they purchase homes outright, eliminating the need for staging, repairs, or waiting for buyer financing. The benefits include a swift transaction, no contingencies, and immediate payment. In this article, we’ll review the top cash buyers in Utah for 2024, discuss their unique features, and provide tips on selecting the best cash buyer for your situation.
Cash Offers in Utah
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Companies That Buy Homes For Cash
1. iBuyer.com
Offer in 24-48 hours
No commissions or fees
Close in 7 days
iBuyers will buy your house faster than conventional cash home buyers. They use technology to determine a fair asking price for your home and will finalize it after a brief inspection.
When you sell your house for cash in Utah to one of these investors, you’re assured of a quick sale. It’s the best way to avoid all the hassles of a regular home sale, like waiting for mortgage approvals, home inspections, and tedious negotiations.
iBuyer.com simplifies this process even more. When you enter your home address on our website, we use an advanced algorithm to calculate a fair cash price and connect you with an iBuyer.
Our iBuyers purchase properties sight unseen and set a closing date that suits your needs, sometimes within seven days after you accept the offer. You don’t need to manage costly, time-consuming repairs and upgrades to sell your home quickly.
You’ll also save on closing costs like a real estate agent’s commission and home inspections, and we don’t charge a service fee.
It’s easy to sell your home with iBuyer.com. All you need to do is enter the address of the home on our website and create a profile. Then you wait a few seconds to receive an estimate of your home’s value.
If you wish to proceed, we’ll get in touch with iBuyers companies everywhere in the USA to let them know you want to sell your home for cash. You could receive your first firm offer within as little as 24 hours.
The biggest benefit of working with iBuyer.com is our online platform, which helps you sell your home quickly and easily. Plus, you enjoy the following:
- All-cash offers
- Fast sales
- No service fees
- No realtors commission
- No lengthy home inspections
- No staging costs or home showings
- No upgrades or repairs
- Flexible closing dates
iBuyer has a 4.1-star rating out of 48 reviews on Trustpilot. A single negative review appears to be posted in error.
We also have many positive reviews from satisfied customers on our website. Most online reviewers praised the simple, fast process and great customer service provided by iBuyer.com.
iBuyer.com is a growing company and currently works with homeowners in all but nine US states. In Utah, we can assist homeowners in the Salt Lake City metro.
2. Opendoor
Flexible closing
5% Service Fees
1% Closing costs
Opendoor is the largest buyer in the United States, offering a convenient option when you want to sell your house fast in Utah. The company focuses on buying single-family townhomes, houses, duplexes, and condos in specific markets.
You can request an offer from Opendoor by entering your home address on their website, and they’ll get back to you within 24 hours with a preliminary offer.
A company representative will visit your home briefly before making a final offer, or you can send Opendoor a video walkthrough of your home. You’ll receive a final offer once they’ve considered market-related information and deducted any repair costs from the initial offer.
You can expect to close the sale between 14 and 60 days after accepting their offer. You pay all the closing costs and a 5% service fee when you sell your home to Opendoor.
In today’s slow real estate market, you can expect offers from Opendoor that are far below your Utah home value. If you’d rather proceed with a conventional sale in the hopes of getting more money, Opendoor can assist you with that too.
Opendoor will buy older homes as long as they’re built after 1930 and also buy homes in gated and age-restricted communities. When you sell your home to them, you’ll enjoy the typical benefits offered by ibuyers, such as::
- All-cash, no-obligation offers
- A fast initial offer within 24 hours
- A flexible closing date
- Conditional as-is home sales
- No cancellation fees
- No realtor commissions
- No home inspection, repairs, or upgrades
Opendoor is one of the best-known companies that buy houses in Utah, but they don’t have many positive reviews online.
On the Better Business Bureau website, the company has a 1-star rating out of 205 reviews. Trustpilot reviewers tell a similar story, awarding Opendoor just 1 star out of 5 from 79 reviews.
Complaints from these reviewers center on lowball offers and inflexible service.
However, Opendoor has a 4.5-star rating on Reviews.io, based on 3,234 recommendations. These positive comments praise Opendoor’s friendly service and fast home sales.
Opendoor started in 2014 from their offices in Phoenix, AZ. Since then, they’ve expanded into over 50 markets across the country, including Salt Lake City, UT.
3. Joe Homebuyers
No-Obligation Fair Cash Offer
No Closing Costs
Buy Home As-Is
Joe Homebuyers prides itself on offering solutions for every homeowner’s unique situation. Their process begins with a consultation to determine what the seller needs most.
Step two involves sending a qualified professional to evaluate the home based on a quick home inspection. They base their offer on market conditions, closing costs, and the costs involved in necessary repairs.
If you agree to their final offer, they can wrap everything up in as little as 10 days. This company buys single and multi-family homes, apartments, and townhomes.
Joe Homebuyers pay cash for homes in any condition and deduct the cost of the repairs from their offer. You can make arrangements to remain in the home after you’ve sold it, depending on the circumstances.
Joe Homebuyers do not charge a service fee. They offer assistance with moving, cleaning, and decluttering.
This company offers franchising in towns across Utah, so service levels may differ from branch to branch.
Joe Homebuyer’s customized service is a big benefit for home sellers in unique or very trying situations. When you sell to this company, you also enjoy:
- No realtor commissions or service fees
- Fast, cash-only sales
- 10-day closing window
- Moving assistance
- No repairs or upgrades
- No showings
- Buy homes as-is
- Buy homes facing foreclosure
Joe Homebuyers has a 4.8-star rating out of 5, based on 99 Google reviews. Home sellers laud this company for its flexible, friendly approach and swift service.
Joe Homebuyers purchases homes anywhere in Utah, including:
- Layton, UT
- Ogden, UT
- Orem, UT
- Provo, UT
- Roy, UT
- Salt Lake City, UT
- Sandy, UT
- Tooele, UT
- West Jordan, UT
- West Valley City
4. Enlight Homebuyers
Buy Houses As-Is
No Fees, No Commissions
No Realtors
Enlight Homebuyers is one of the fastest ‘we buy houses in Utah’ companies. In some cases, they can close in just 48 hours, but their usual timeline is between 10 and 60 days.
A local real estate investor, Andy McFarland, opened Enlight Homebuyers in 2003, so it’s a well-established group specializing in buying Utah homes in specific areas. They aim to help homeowners who do not have the time or resources to sell homes via conventional means.
Enlight Homebuyers purchase homes in any condition, inherited homes, homes with bad tenants, and those facing foreclosure.
When you sell your home with Enlight Homebuyers, the process starts with a telephone appointment or home visit outlining the details of your property.
You’ll receive a cash offer from a company representative on the spot or within 24 hours of this initial interaction. Once you’ve accepted the offer, you can close on your schedule.
Enlight Homebuyers also offers a few extra real estate investment services. These include sales, rentals, showings, repairs, and cleaning services.
You don’t pay any additional service fees or closing costs when you sell your home to Enlight Homebuyers. These costs are all included in their offer.
Enlight Homebuyers offers discrete, fast home sales. These are some of the benefits of working with them:
- Fast closing times
- Buy houses in any condition
- They will buy homes facing foreclosure
- No service fee
- No real estate agent’s commission
- No home inspections, repairs, or upgrades
- No showings or staging
Enlight Homebuyers has 79 Google reviews and a rating of 3.9 out of 5 on this platform. Their Facebook reviews rate them at 2.8 out of 5 from 11 reviews.
The company has 12 reviews on the Better Business Bureau and a rating of 3.33 out of 5.
Satisfied reviewers praised the company’s service levels and communication skills, with others complaining about lowball offers.
Enlight Homebuyers buy homes in Indiana, New Mexico, and Utah. They’re active in the following areas:
- Cache County
- Davis County
- Salt Lake County
- Utah County
- Weber County
5. Fast Home Offer Utah
No Hassles
No Fees
Buys Houses As-Is
Jason Lewis founded Fast Home Offer Utah in 2014 to empower homeowners by giving them the right advice at the right time.
This company specializes in inherited homes and assists landlords with getting rid of unwanted rental properties. They claim they can respond to an offer within seven minutes and offer a flexible closing date.
In extreme cases, Fast Home Offer Utah can close within five to seven days of a seller accepting their offer.
Fast Home Offer Utah covers all closing costs, and they base their offers on the following criteria:
- ARV (After Repair Value)
- Risk Factors
- Rehabbing costs
- Selling costs
- Holding costs
- Minimum profit
When you sell your home to Fast Home Buyers Utah, you’ll receive an offer that’s below the market value of the home, but you don’t pay any closing costs.
Their process is simple. You tell them about your home, and if it meets their criteria, they’ll set up an appointment to view it. After they’ve done their calculations, they’ll present you with a written, no-obligation offer.
If you accept, they’ll close on the deal as quickly as possible.
Fast Home Offer Utah is part of the Fast Home Offer network of investors with branches across the USA.
If you want to sell your house fast and for cash in Utah, this company might be a good fit for you. The benefits of working with them include:
- Fast, all-cash home sales
- No closing costs
- No service fees
- No staging and home showings
- No repairs needed
- No home inspections
Fast Home Offer Utah has 71 reviews on Google and a 4.9-star rating on this platform. On the Better Business Bureau, they have a single rating, awarding them five stars out of five.
Reviewers praise their friendly, professional service and reasonable offers.
Fast Home Offer Utah covers most of the state. They can assist homeowners in the following cities:
- Brigham City
- Layton
- Ogden
- Provo
- Salt Lake City
- Roy
- Sandy
6. Utah House Buyers
Fair Cash Offer
No Commission
No Realtors
Utah House Buyers has over ten years of experience helping homeowners get rid of unwanted properties. They will buy houses as-is, so sellers don’t need to spend time and money on repairs and upgrades.
You pay no fees when you sell your home to Utah House Buyers, and they cover the closing costs.
Their simple process works like this:
- Fill in your home address online
- They will call you back to discuss your home
- Schedule an appointment with Utah House Buyers
- Receive a fair cash offer
- Close within seven days or when it suits you
In most cases, Utah House Buyers will come back to you within 24 hours with a no-obligation, all-cash offer.
Utah House Buyers specializes in coming up with creative solutions for homeowners in dire straits and also assists with cleaning the home after you move.
Research shows that this company has a maximum threshold of 70% of your home’s fair market value and bases its offers on the home’s after-repair value. This is to ensure they can make money when they sell the home after refurbishing it.
Like all cash-home buyers, Utah House Buyers offers several benefits that make up for their low offers. These include:
- Free, no-obligation offer within 24 hours
- Sell your home as-is with no repairs
- Pay no closing costs
- No fees or real estate agent’s commissions
- Fast, flexible closing dates
- Customizable solutions to suit your needs
Utah House Buyers has 94 reviews on Google and a rating of 4.5 out of 5 stars. On Facebook, they have a rating of 4.6 out of 5 and 40 reviews.
Most positive reviews center on their friendly, fast, service while some people complain about them backing out of the deal or changing their offers at the last minute.
Utah House Buyers pay cash for homes in Salt Lake City, UT.
7. Utah Close Fast
No Obligation Cash Offer
Buy House As-Is
No Extra Fees
Utah Close Fast is a family-owned house-buying company founded in 2013. It’s dedicated to helping homeowners with problems like foreclosure, vacant rentals, and unwanted inherited homes.
This company can present an offer within 24 hours of reviewing the information about a seller’s home. Closing dates are flexible and can be as soon as seven days after accepting the offer.
Additional services offered by this company include cash advances, assistance finding a new home, and moving services.
Utah Close Fast buys homes in any condition. You can request an offer by filling out an online form, and they will get back to you within minutes to set up an appointment.
Once they’ve viewed the home, Utah Close Fast presents you with an offer and can close on a date that suits you once you accept it.
This company does not charge any service fees and covers all the closing costs associated with the sale.
Fast service is a major benefit of working with Utah Close Fast. You’ll also enjoy the following typical cash home sales benefits:
- No closing costs or service fee
- Fast closing within as little as seven days
- Sell your home as-is
- No home inspections or repairs
- No staging and showings
- All-cash no-obligation offers
This company is rated five stars on Google Reviews based on 14 reviews. Most reviewers praise Utah Close Fast’s simple, convenient process and reasonable offers.
Utah Close Fast operates across Utah, Arizona, Idaho, Nevada, and Wyoming. They also have a branch in Denver, Colorado.
In Utah, they can assist homeowners in the following places:
- Riverton
- Springville
- Salt Lake City
- Magna
- Murray
- Taylorsville
8. Gary Buy Houses
No Closing Costs
Fair Cash Offer
No Agents
Gary Buys Houses has been up and running since 2009, assisting both out-of-state and Utah homeowners with selling their homes quickly. It’s grown to become one of the biggest cash home buyers in the state.
This company can close within three days after you accept their offer. The process can take a few days longer if there are liens or mortgages involved in the sale.
To assist their sellers, Gary Buys Houses can provide a cash advance of up to $10,000 before closing and will also allow you to stay in the home rent-free for a limited time while you find somewhere else to live.
Alternatively, you can take advantage of their rent-back option if you need to stay longer.
Gary Buys Houses prides itself on providing excellent customer service and making ethically sound offers on homes. Sellers pay no closing costs or service fees.
This is one of the few companies that will buy land as well as condos, apartments, townhouses, and other single-family homes in any condition.
These are the benefits you’ll enjoy when you sell your home to Gary Buys Houses:
- Fast, simple sales
- Transparent process
- A cash advance
- The ability to rent your home while you find an alternative
- No service fee or closing costs
- As-is home sales
- Land sales
- All-cash offers
- Flexible closing dates
Gary Buys Houses has 40 Google reviews and a 4.9-star rating on this platform. There are 7 customer reviews on the Better Business Bureau for this company, and it has a 4.5-star rating.
Positive reviews center around the company’s helpful attitude, efficiency, and flexible solutions for distressed homeowners.
Gary Buys Houses throughout Utah, including in rural areas. So far, they’ve purchased properties in:
- Davis County
- Tooele County
- Salt Lake County
- Weber County
- Utah County
9. We Buy Ugly Houses
Buys Homes In Any Condition
Transparent With Fees
Close In 3 Weeks
We Buy Houses is one of the best-known cash investors in the country thanks to their extensive marketing strategy. This network of real estate investors operates in most states and has been in business for decades.
They’ve bought over 140,000 homes over the years.
True to their name, We Buy Ugly Houses purchases properties in any condition with no obligations or hidden fees. They can guarantee offers within 24 hours and close within three weeks unless you’d prefer to delay the process.
The company doesn’t charge any fees or commissions, and they pay your closing costs.
They follow the typical cash home-buying process. Step one involves scheduling a free consultation at your home. During this visit, one of their representatives will walk through your home and answer any questions you may have.
They do not provide cash offers on the spot. Instead, they take time to evaluate your home based on the following:
- The current condition of the home
- Approximate cost of repairs
- Time required for renovations
- Holding costs during that time
- Closing costs
- Current market conditions
Their final offer takes the future value of the renovated home into account, minus all the above costs. When you receive their final offer, you can either accept it or walk away. There’s no room for negotiation.
Working with a well-established and well-known company can give home sellers peace of mind during a stressful home sale. We Buy Ugly Houses also offers several benefits for home sellers, such as:
- A transparent pricing method
- No hidden fees and commissions
- Sell your house as-is in Utah
- Additional services such as junk removal
We Buy Ugly Houses falls under the umbrella of HomeVestors USA and has a network across the United States. As such, reviews for each branch will differ.
The company as a whole has 18 reviews on Google with a 4.7-star rating. On the Better Business Bureau, the company has 34 reviews and a 1.35 rating out of 5.
Reviewers praised We Buy Ugly Houses representatives’ honesty, transparent communications, and efficient service. Most feel they received a fair offer for their home.
We Buy Ugly Houses serves different States, including Georgia, West Virginia, Utah, and Montana.
10. Express Homebuyers
No-Obligation, All-Cash Offer
No Commissions
No Closing Costs
Express Homebuyers is one of the most widespread and fastest cash home buyers in the USA. You can expect an initial offer on your home within seven minutes.
If you opt for their online service, you can close on the sale within a week of accepting their offer.
After you reach out to Express Homebuyers and receive a preliminary offer, the company sends a representative to walk through your property to evaluate it.
This is a quick process and determines their final offer. You can either accept the offer right away or take a little time to think it through.
Express Home Buyers buy distressed homes, intending to repair them and then resell them. As such, they can’t offer high prices for these properties.
The company has been around since 2003 and has assisted over 4,000 homeowners with cash home sales since then.
Express Homebuyers offers several benefits for homeowners wishing to enjoy a speedy sale. These are:
- All-cash, no-obligation offers
- No costs for home staging and showings
- No time-consuming listing process
- No expensive repair costs
- Flexible timelines to suit you
- Avoid closing costs
Express Homebuyers has 117 reviews on Google and has a 4.2 out of 5-star rating. On Trustpilot, Express Homebuyers has 26 reviews and is rated 4.4 out of 5 stars.
The company is accredited by the Better Business Bureau and has a 4.79 out of 5-star rating on this platform from 29 customer reviews.
Most satisfied customers praise the company’s transparent communications and efficient service. Negative reviewers contradict these statements, but the company does answer every negative review and offers to try and resolve it.
Express Homebuyers operates across the USA and is active all over Utah, with its main focus in Salt Lake City and Provo.
Final Thoughts and Recommendations
It’s vital to perform your due diligence in all things to do with real estate. Before you embark on the cash home sales journey, make sure you understand how these companies work.
While they base their prices on the market value of their home, they also have to make a profit to stay in business. Some companies profit from flipping properties after buying them at low prices, while others fix them up and rent them out.
Either way, they can’t afford to pay you full price for your home. In many cases, you’ll end up getting more out of the sale when you sell to one of these companies because you’ll save on closing costs.
If you do your homework properly, there are many benefits to working with an iBuyer or cash home buyer.
Make an Informed Decision
Before you approach a cash home-buying company in Utah, you must gather information to help you make the right decision. These are some of the things to consider during your research:
- How much experience do they have in the real estate industry?
- How do they determine a cash price for your property?
- Do they charge commissions or fees, and how do they calculate these?
- How fast can they close on the sale?
- Will you need to make any upgrades or repairs to the home?
- Can they provide references from previous clients?
A reputable company will answer all these questions and more. The more information you can gather beforehand, the better decisions you can make.
When you make the right choice, you stand to benefit from a fast sale, a reasonable cash offer for your home, and fewer closing costs. You won’t have to make any costly repairs, you can skip home inspections, and you’ll avoid invasive home showings, too.
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FAQ – Cash Buyers in Utah
If you still have questions about companies that buy houses for cash in Utah, keep reading. These are some of the more common questions:
Most cash home buyers follow the rule of house flipping when they buy your home. This means they won’t offer more than 70% of your home’s predicted value after repairs.
This will vary depending on its condition, age, and location, as well as other more specific circumstances.
The cash home-buying process in Utah is a flexible way to sell your home fast. Most cash-for-homes companies will present a preliminary offer within 24 to 48 hours and can close between 7 and 60 days after you accept their final offer.
Most cash home buyers deduct the closing costs associated with the home sale from their final offer. Some charge a service fee of around 5%, but many don’t charge any fees or commissions.
You could save a lot of money on closing costs, real estate agent’s commissions, and repair costs when you sell to a cash investor.
While most cash home buyers advertise that they will buy homes in any condition, each has its limitations regarding extensive repairs. In general, iBuyers prefer to buy newer homes that are in acceptable condition.
For tax questions, it’s best to speak to a tax lawyer regarding the sale of your property. You may be liable for capital gains tax depending on how long you’ve owned the home and whether it’s your primary residence or not.
Additionally, it’s your responsibility to ensure that cash home buyers in Utah follow the due process when they buy your home. They must record the deed and pay any transfer taxes.
