If you need to sell a house quickly in Cincinnati when facing financial difficulties or relocating for a job, working with a “We Buy Houses” Cincinnati company could be a great option. These businesses present instant cash offers for homes in any condition, even those requiring extensive repairs or updates, allowing sellers to access funds right away.
Sell Your House Fast in Cincinnati With a Cash Offer or Top Agent
Get an all-cash, no-obligation offer on your Cincinnati home through HomeLight’s Simple Sale platform. Close in as few as 10 days with no repairs or showings. You can also request an expert estimate of what your home might sell for using a top Cincinnati agent.
The traditional process of selling a home can often be lengthy, especially when significant work is needed. This cash sale approach is a beneficial alternative for those who don’t have the time, expertise, or resources to manage renovations and improvements, allowing you to move forward with your life plans quickly.
In this article, we’ll help you navigate this selling option by exploring some popular Cash-For-Homes companies in Cincinnati, examining the pros and cons, and comparing them to traditional methods like hiring a top real estate agent. This information can help you weigh your options and make the best choice for your unique situation.
Working with house-buying companies in Cincinnati
A house-buying company can simplify the selling process, especially if you’re looking for speed and convenience. These companies typically offer cash deals and handle much of the paperwork, making them an attractive option for sellers in a hurry. Here’s a breakdown of the process of selling your house for cash:
- Research companies: Start by researching reputable house-buying companies in Cincinnati. Look for reviews, Better Business Bureau (BBB) ratings, and other information to ensure you work with a trustworthy buyer.
- Contact the company: Reach out to the company you’re interested in and provide details about your home. This includes location, size, condition, and other relevant information.
- Schedule a property assessment: The company will likely want to assess your property in person. This involves a visit to evaluate the home’s condition, features, and local market factors.
- Receive an offer: After the assessment, the company will make an all-cash offer for your home. The offer is typically lower than market value and takes into account any necessary repairs.
- Accept or reject the offer: If you’re satisfied with the offer, sign the agreement. The company will handle the paperwork and guide you through the closing process. You are under no obligation to accept the offer.
- Close the deal: At the closing, you’ll receive your cash payment and transfer property ownership to the house-buying company. This process is typically faster than a traditional sale, allowing you to move on quickly.
Popular We Buy Houses for Cash companies in Cincinnati
If the process of selling to a house-buying company in Cincinnati sounds good to you, it’s time to find a legitimate business you can trust.
We’ve compiled some top companies that pay cash for your Tudor-style house or your parents’ Contemporary home. By working with one of these companies, you should be able to sell your Cincinnati home in as little as a week or two.
Ohio Cash Buyers
Ohio Cash Buyers is a family-owned real estate company and professional homebuyer based in Springboro, Ohio, with almost two decades of experience. It specializes in purchasing houses in any condition and offering reliable solutions to homeowners facing various challenging situations, such as foreclosure, divorce, inherited properties, problematic tenants, probate, outdated homes, and military members getting transferred.
The company makes a competitive offer within 24 hours of receiving property information. To further assist home sellers, it can close on the sellers’ preferred date.
Locations: Cincinnati, Dayton, and surrounding areas
Closing costs: Sellers pay no closing costs; Ohio Cash Buyers covers them.
With various positive customer testimonials, Ohio Cash Buyers has earned a high rating of 4.9 stars on Google from more than 100 reviews. Clients praised the smooth and hitch-free process of working with the team, highlighting their flexibility in accommodating multiple changes in the closing date due to personal medical issues.
Some shared the seamless transaction they experienced when they sold a rental property that required repairs and updates. Despite an existing tenant, Ohio Cash Buyers efficiently expedited the closing process, even sending a mobile notary to collect signatures, leading to a simple and hassle-free experience. While not BBB accredited, the company has earned an A+ rating from the bureau.
Website: ohiocashbuyers.com
Phone number: 513-815-5000
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Cincinnati (and across the country) can request a cash offer for their home. It connects you to one of the largest networks of cash buyers in the U.S. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold.
This enables Simple Sale to provide cash offers for a wide array of properties in different locations throughout Cincinnati, even those that need some or a lot of work. With the platform, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 7 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Cincinnati
Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a platform by HomeLight, a real estate solutions company founded in 2012. Given its strong focus on excellent customer service, it received BBB accreditation in 2019 and now maintains an impressive A+ rating. The company has 4.6 stars on Google, generated from more than 500 user reviews.
Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks, and what he thought of the process overall.
Website: homelight.com/simple
Phone: 844-488-8455
Burnett Home Buyers
Since 2016, Burnett Home Buyers has been helping home sellers sell fast while embracing the core values of integrity, teamwork, and extreme ownership. To facilitate smooth real estate transactions, it follows four steps in buying homes: consulting with the home sellers, inspecting the property, submitting the offer, and closing.
From unappealing to damaged homes, Burnett Home Buyers specializes in buying houses in as-is condition. The team makes fair cash offers within 24 hours of viewing the seller’s property and can finalize transactions within 10 days.
Locations: Cincinnati and surrounding locations, such as Dayton, Springboro, Hamilton, and Middletown
Closing costs: Sellers pay no closing costs; Burnett Home Buyers covers them.
Accredited since 2017, Burnett Home Buyers has earned the trust of its customers, securing an A rating from the bureau. Out of the 15 reviews on its social media page, 90% recommend the company. One client praised how knowledgeable and professional the team is in addressing questions and concerns. Others noted the straightforward approach the company used to facilitate transactions.
Website: burnetthomebuyers.com
Phone: 513-438-8169
Cincinnati Property Twins
The Cincinnati Property Twins has been helping homeowners in the area sell properties quickly for 25 years. According to its website, it has purchased over 1,500 homes. Building on trust and integrity, the company follows a simple process where sellers don’t need to worry about hidden fees or confusing contracts.
Homeowners may sell properties as is and receive fair offers, based on the team’s evaluation of the property value. The company guarantees delivering cash payments in as little as 14 days. The team aligns the closing date with the seller’s preferred schedule.
Locations: Cincinnati and surrounding areas
Closing costs: Sellers pay no closing costs; Cincinnati Property Twins covers them.
Committed to providing a hassle-free selling process, Cincinnati Property Twins earned a high customer review score of 4.7 stars on Google. It’s known for being a trustworthy cash buyer who processes sales quickly.
Customers speak highly of their ability to offer an irresistible deal and complete the house sale in just a week, while others commend the company for covering closing costs. Overall, the feedback indicates that Cincinnati Property Twins is efficient and reliable in their services.
Website: cincypropertytwins.com
Phone: 513-445-2274
Express Home Buyers Cincinnati
Express Homebuyers was founded in 2003 by Jud Allen and Brad Chandler to address the needs of home sellers facing various challenges, such as divorce, foreclosure, or inherited property. It provides sellers with a respectful and efficient solution, facilitating a simple three-step process to get a fair cash offer for homes.
With the Express Home Buyers’ program, sellers avoid the complexities of listing with a broker and dealing with a lengthy closing process. On top of a hassle-free selling experience, the company assists with moving expenses. Express Home Buyers takes pride in its extensive experience, personalized service, and successful track record in buying homes directly from sellers and helping sellers move on with their lives.
Location: Throughout Ohio, including Cincinnati
Closing costs: Sellers pay no closing costs; Express Home Buyers covers them.
Since 2004, Express Homebuyers has been accredited by the BBB. It currently holds an A+ rating. On Google, its profile reflects a perfect 5-star rating.
One satisfied customer had a great experience selling their rental property with the company, mentioning that the entire staff was accommodating. Another client praised the company for being compassionate and respectful when they were selling the property of a loved one who had passed.
Website: expresshomebuyers.com
Phone: 877-804-5252
Why sell your Cincinnati house for cash?
If you’ve ever sold your home through the traditional real estate market, you know the process can drag on for months, and there’s no guarantee of a sale. But when you sell to a We Buy Houses company, you’re looking at a guaranteed sale in just a matter of days. Speed, convenience, and certainty are the top reasons many homeowners choose to work with a cash-for-homes firm.
In Cincinnati, selling a home on the open market using an agent takes around 77 days. That includes an average of 35 days listed on the market until a signed contract, plus the typical 42 days a buyer needs to close on a purchase loan.
Compare that to the usual seven to 10 days promised by many house-buying companies in Cincinnati, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
Let’s take a quick look at some of the most common circumstances that prompt Cincinnati homeowners to choose a We Buy Houses for Cash company.
- Significant repair issues: Your home in Cincinnati might have major issues like foundation gaps, floor cracks, or wall fissures that are too costly or time-consuming to fix.
- Urgent need for cash or relocation: Whether it’s a divorce, medical need, financial strain, job relocation, or other life change, a quick cash sale can provide much-needed relief.
- Lack of funds or desire for repairs: You may not have the resources or the inclination to undertake necessary home repairs beforehand, so you choose to sell as is.
- Traditional sale hassles: Selling to a cash buyer eliminates the stress, work, and headaches of home prep, showings, negotiations, and a lengthy or complex sales process.
- Privacy preference: Some sellers prefer the discretion of a quiet, off-market sale to a cash buyer, avoiding public listings and open houses.
- Foreclosure fix: If you’re facing foreclosure, a quick cash sale can help you settle debts with the lender and mitigate damage to your credit history.
- Unwanted inheritance: If you’ve inherited a property you don’t want to maintain or rent out, a fast cash sale can provide an easy way to unload it.
- Landlord fatigue: As a landlord, you may no longer wish to manage a rental property or deal with a difficult tenant, and a cash sale offers a swift exit.
- Downsizing transition: If you or a family member decides to downsize and move in with relatives or into a care facility, selling the property for cash can provide convenience and funding for the transition.
- Remote home sale: Living far from your Cincinnati property can make a traditional sale challenging, whereas a quick cash sale simplifies the process of selling from out of state.
If you find yourself in any of these situations, considering a cash offer from a We Buy Houses company might be a wise move. However, it’s essential to view this as a starting point. There are additional factors and options to consider.
Pros and cons of house-buying companies in Cincinnati
When considering selling your Cincinnati home to a house-buying company, it’s essential to weigh the pros and cons. Let’s explore the advantages and disadvantages of this approach to help you make a more informed decision.
Pros
One of the main advantages of working with a house-buying company in Cincinnati is the speed and convenience it offers. These companies buy houses in any condition, eliminating the need for repairs or preparations. Here are some key benefits:
- Speedy process: House-buying companies typically close the deal within a few days to a few weeks, offering you quick access to cash.
- No need for repairs: You can sell your home as-is without the hassle of fixing any issues or making costly renovations.
- Zero fees or closing costs: Unlike traditional sales, you won’t have to pay commissions or closing costs.
- Hassle-free transaction: Selling to a cash buyer eliminates the stress of listing the property, coordinating showings, and handling negotiations, simplifying the entire process.
Cons
However, there are some drawbacks to consider. The most significant downside is that house-buying companies in Cincinnati will likely offer you less than the market value for your home. Here are some key disadvantages:
- Lower offer: Cash buyers typically offer below market value for your home, as they aim to make a profit by reselling it after repairs or upgrades.
- Less room for negotiation: These companies usually present a take-it-or-leave-it offer, leaving you with little room for negotiation.
- Undue pressure: While most Cincinnati house-buying companies have earned trustworthy reputations, some unscrupulous players in the industry may apply pressure tactics to take advantage of your urgent situation.
- Scam risks: As with any industry, there are scammers targeting homeowners. Be cautious and vet potential buyers to avoid falling victim to scams.
Curious What Your Home Is Worth?
Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.
Vet cash buyers and know your home’s worth
When considering a We Buy Houses for Cash company in Cincinnati, it’s important to remember that the integrity and service you’ll receive can vary widely. Your experience will largely depend on the character and professionalism of the person or group making the offer.
Before you commit to a cash offer, take the time to vet the company thoroughly. Look for online reviews, read testimonials, and research the company’s presence and performance in the Cincinnati market. Ensure you’re working with a reputable buyer who will honor their agreements and treat you fairly. And, of course, always read the buying agreement carefully before signing it.
Consult with an experienced Cincinnati agent to better understand what your home might be worth if sold on the open market. Then, compare your cash offer.
HomeLight can connect you with a top-performing agent in your local market. While searching and screening for a local expert, use our Home Value Estimator to get an initial ballpark estimate of your home value in less than two minutes.
Other options to sell your home quickly
Working with iBuyers
iBuyers, short for instant buyers, use automated valuation models to quickly estimate home values and make all-cash offers. They emerged in the mid-2010s, offering a mostly online experience for sellers with homes in good condition. However, iBuyer companies like Opendoor and Offerpad charge service fees of around 5% to 6% of the home’s sale price and tend to operate in areas with uniform housing stock.
Listing with an agent
Considering listing with a real estate agent is wise, even if you’re looking for a quick sale. In a seller-friendly market, a top agent can quickly sell a well-priced and well-marketed home. Top Cincinnati agents sell homes for up to 10% more than average agents, as shown by HomeLight’s transaction data.
A seasoned local agent can also provide valuable insights through a comparative market analysis (CMA), helping you calculate your home’s value by comparing it to similar recently sold properties. Many agents offer a free CMA, helping you make a well-informed decision, whether you list with them or choose a house-buying company.
Experienced agents may even connect you with cash buyers willing to offer closer to your home’s market value. Use HomeLight’s Agent Match tool to find outstanding agents in your Cincinnati market.
FAQs on Cincinnati house-buying companies
By and large, most We Buy Houses for Cash companies in Cincinnati are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the BBB website. Watch for anything that just doesn’t seem right.
Most Cincinnati We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value minus their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s look at an example offer equation. Let’s say your Cincinnati Tudor or Contemporary-style home could sell for $270,000 after repairs, but it will need $30,000 of work to get there.
($270,000 x .70) – $30,000 = $159,000
In this example, a Cincinnati We Buy Houses company might offer you around $159,000 for your home.
However, different types of house-buying companies will offer varying amounts for homes. iBuyers tend to pay more than We Buy Houses companies because they look for homes in better condition. An iBuyer might pay you 90% or more of the market value while charging a fee for their services.
When you accept an offer from a Cincinnati We Buy Houses for Cash company, you will likely be coming to grips with a two-edged sword. On the one hand, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once the offer is accepted. On the other hand, you’ll likely get less money overall for your home.
Because We Buy Houses for Cash companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive will be the price you walk away with at the end of the deal. Of course, it’s always a good idea to flat-out ask the company if any hidden program fees might impact your bottom line.
- Research and vet the house-buying companies that serve your Cincinnati area. Our list above is a good place to start.
- Submit offer requests to a few companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- Close the sale in a week to 30 days and get paid. Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.
We Buy Houses for Cash in Cincinnati vs. top Cincinnati agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a glance at how different aspects of the sale might look and compare possible proceeds.
| Aspect of the sale | Sell to a We Buy Houses for Cash company in Cincinnati | Sell with a top Realtor in Cincinnati |
| Selling timeline | 7 to 30 days | 77 days average; 35 to attract an offer, 42 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, and stage the home |
| Showings | None | 10 to 25 showings on average |
| Inspections and repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
| Appraisal | None | May need to lower your asking price if the appraisal comes in low |
| Title search | Cash offer companies often handle title issues | Must clear the title before you can sell the home |
| Financing contingency | None | Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear |
| Agent commission | None | 3% to 6% of the home’s sale price |
| Closing costs | None | 1% to 3% of the home’s sale price on top of the agent’s commission |
Example net proceeds
Below, we’ve put together one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.
Let’s say your home in Cincinnati is currently worth about $240,000 and needs about $30,000 in repairs. Once the repairs are completed, the house might be worth around $270,000.
| Sell to a We Buy Houses for Cash company in Cincinnati | Sell with a top Realtor in Cincinnati | |
| Estimated sale price | ($270,000 x .70) – $30,000 = $159,000 | $240,000 |
| Market preparations | 0 | $2,400 (1% of the sale price) |
| Agent commissions | 0 | $7,200 (3% of the sale price) |
| Closing costs | 0 | $3,600 (1.5% of the sale price) |
| Estimated take-home for seller | $159,000 | $226,800 |
As this example illustrates, it’s usually in your best financial interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best for your situation will depend on the condition of your Cincinnati property, the level of repairs needed, and your selling objectives. It could be that selling on the open market will be challenging in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Quick, convenient sales: We Buy Houses companies in Cincinnati offer quick and hassle-free transactions, eliminating the need for repairs, showings, or waiting for a buyer.
- Lower offers: These companies typically offer less than market value, trading convenience for a lower price.
- Cash buyer research: Before accepting an offer, check reviews and testimonials to ensure you’re dealing with a reputable company.
- Property price information: A comparative market analysis from a real estate agent can provide valuable insights into your home’s value, helping you evaluate offers more effectively. You can get a preliminary estimate using HomeLight’s Home Value Estimator.
- Quick sale alternatives: Consider iBuyers if your home is in good condition, or consult with a top real estate agent for potentially higher returns.
Regardless of how you choose to sell, it’s wise to avoid making hasty decisions during one of the biggest financial transactions of your life. If you’re considering a “We Buy Houses” Cincinnati company, gather multiple offers and weigh your options before committing.
At HomeLight, our goal is to assist you with your real estate needs, whether you’re exploring a cash offer with a platform like Simple Sale or seeking out a top Cincinnati agent to help you sell your property quickly and at the best price. Let us help you make an informed and confident decision.
Editor’s note: This post is for educational purposes only. Links to and mentions of Cincinnati area “We Buy Houses” companies are not endorsements. Moreover, the program details mentioned above may change. Visit the home-buying company’s website for the most up-to-date information.
Header Image Source: (Rafik Wahba / Unsplash)
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