If you’re considering selling your home in Greenville, South Carolina, you may have wondered if working with “We Buy Houses in Greenville” companies is smart. Some sellers consider this option when facing a sudden job transfer and need to sell quickly, while others choose such to overcome financial challenges amid the need for costly home repairs.
These cash-for-homes companies offer a straightforward solution, especially if your home needs some work or you want to avoid the hassle of traditional sales. They can step in when you’re dealing with inherited properties or houses in disrepair, providing a fast, all-cash offer without the lengthy showings and negotiations. But then again, this route isn’t for everyone.
In this post, we’ll take you through the basics of working with “We Buy Houses in Greenville” companies, from the sale process to the pros and cons, to help you make an informed decision.
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Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Greenville area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Greenville
When you’re pressed for time and need a fast or simple resolution, working with a We Buy Houses company in Greenville can be your saving grace. Here’s what the process typically looks like:
- Research companies: Before committing, investigate various house-buying companies in Greenville. Look for reviews, testimonials, and any possible red flags.
- Reach out for an offer: Contact your chosen company through their website or phone number, and provide details about your home. Some companies submit a preliminary offer at this point.
- Schedule a home inspection: Most companies require a brief inspection to validate the property’s condition, even if they’re buying as-is.
- Review the offer: After the on-site assessment, the company will provide a firm offer. Ensure you fully understand the terms and conditions before proceeding.
- Complete paperwork: If you decide to accept the offer, you’ll be asked to complete the required documentation to formalize the sale.
- Close the deal: Closing usually happens fairly quickly with cash buyers. Once everything is in order, you’ll receive your cash, and you can move on with your life plans.
Popular We Buy Houses for Cash companies in Greenville
If the process of selling to a house-buying company in Greenville sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some top companies that pay cash for your Colonial Home or your parents’ Ranch House. By selling to one of these companies, you should be able to sell your Greenville home in as little as a week or two.
REI Junkies
REI Junkies is a real estate investment platform focusing on Upstate South Carolina. While their team is dedicated to helping investors, the company also offers a hassle-free, cash-offer service to homeowners looking to sell their properties quickly due to various life circumstances. REI Junkies has an easy get-started form on their website for sellers who are looking for a no-obligation cash offer in Greenville and other Upstate South Carolina communities.
Locations: Upstate South Carolina, including Greenville, Simpsonville, Spartanburg, and Anderson.
Closing costs: Sellers pay no closing costs; REI Junkies covers them.
REI Junkies has been BBB accredited since 2020 and holds an A+ rating. REI Junkies has a 4.6-star rating on Google and receives praise from clients who have had a great experience selling their homes. The team is highly appreciated for being professional and always available to answer questions.
The team’s kindness, willingness to help, and excellent communication skills are highlighted as well. Individual team members were named in the reviews and commended for their professionalism and in-depth real estate knowledge.
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Greenville (and across the country) can request a cash offer for their home. It connects you to the largest network 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, even those that need some or a lot of work, in different locations throughout Greenville.
With Simple Sale, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 10 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Greenville
Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB-accredited with an A+ rating. The company has 4.8 stars on Google based on 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.
Learn more: homelight.com/simple
Phone: 844-488-8455
Nice Guys Buying Houses
Nice Guys Buying Houses is a real estate solutions company operating in Atlanta and Greenville. It provides all-cash offers regardless of the property’s condition, whether well-cared-for, fire-damaged, or even those with tenants or needing significant repairs. Sellers can choose their move-out and closing dates, allowing for flexibility. The company uses its own cash reserves, enabling quick closings in as little as seven days.
Locations: Greenville, Simpsonville, Fountain Inn, Travelers Rest, Greer, Easley, Anderson, Powdersville, Piedmont, Seneca, Walhalla, Lake Keowee, and Lake Hartwell
Closing costs: Sellers pay no closing costs; Nice Guys Buying Houses covers them.
Nice Guys Buy Houses has been BBB accredited since 2016 and holds an A+ rating. Meanwhile, on Google, it has an outstanding 4.6-star rating. The company has received exceptional reviews, with clients praising its excellent business model and professional team.
Customers appreciate the fair offers they received and the flexibility the company demonstrated in extending closing dates. Most reviewers are grateful for an efficient process that allowed them to avoid the stress of traditional selling methods. The company’s representatives are highlighted for their educational approach.
Website: webuyhousesgreenvillesc.com
Phone number: 864-920-2425
Sell My House Fast GSAP
Sell My House Fast GSAP is a family-owned house-buying company based in Greenville, South Carolina, with over six years of experience. They specialize in buying homes as-is, ensuring confidentiality, and offering a hassle-free process without commissions or fees. Their commitment to transparency and responsible solutions makes them a reliable partner for homeowners looking to sell quickly and stress-free.
Locations: Greenville, Pickens, Spartanburg, Easley, Anderson, and Simpsonville
Closing costs: Sellers pay no closing costs; Sell My House Fast GSAP covers them.
Sell My House Fast GSAP holds a 4.8-star rating on Google. Customer reviews mention how the offers are fair and have exceeded expectations, even for homes without major updates. Clients value personal interaction with representatives who make them feel cared for and supported throughout the process.
Website: sellmyhousefastgsap.com
Phone number: 864-481-1009
Turner Home Team
This local house-buying company promises “honesty, integrity, and a personalized and competitive cash offer” in all its transactions. Over the years, the founder Justin Turner has worked with different kinds of sellers with various motivations for selling fast, providing solutions for clients’ unique situations. As a licensed real estate broker, Justin has in-depth knowledge of the North and South Carolina property market.
Given its professionalism and responsiveness, Turner Home Team earned 4.9 stars on Google, reflecting its commitment to excellent customer service. Previous clients noted Justin’s willingness to answer questions and explain processes. Others appreciated that the company made them feel comfortable throughout the transactions and didn’t force them to do anything against their goals.
Website: theturnerhometeam.com
Phone: 910-770-6422
We Buy Ugly Houses/HomeVestors Greenville
We Buy Ugly Houses/HomeVestors is one of the largest Cash-For-Houses companies in the U.S. It has been operating for over 25 years and has purchased over 140,000 homes in cities across America. They buy houses as-is with no repairs and close in as little as three weeks. While this company is among the most reputable, the offers may be on the lower side because of their target “ugly” properties. In addition, sellers’ experiences can vary depending on the office you work with.
Locations: Nationwide, including Greenville
Closing costs: We Buy Ugly Houses/HomeVestors covers most, if not all, closing costs.
Reviews for We Buy Ugly Houses/HomeVestors are mostly positive, garnering an average rating of 4.9 stars on Google. Most of the testimonials touted its professionalism and fair offers. However, some of their offices in specific locations registered lower review ratings.
Website: homevestors.com/asheville
Phone number: 864-568-0489
Why sell your Greenville house for cash?
There are plenty of valid reasons a Greenville home seller may choose to work with a Cash-For-Homes company. The benefits of speed, certainty, and remarkable convenience lead the list.
In Greenville, it typically takes around 79 days to sell a home on the market using an agent. That includes an average of 36 days on the market, plus the typical 43 days a buyer needs to close on a purchase loan.
Compare that to the typical seven to 10 days promised by many house-buying companies in Greenville, and it’s clear why these We Buy Houses groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
This approach is especially beneficial for those who need a speedy solution without the typical hassles. What might prompt a Greenville homeowner to consider this option? Let’s take a quick look at some common scenarios:
- Immediate relocation: You’ve received a sudden job transfer or opportunity and need to move out of Greenville swiftly.
- Financial distress: Financial strains are pressing, and selling your home quickly can alleviate some of that burden.
- Home condition issues: Your Greenville home requires substantial repairs, such as HVAC issues or foundation damage, which you can’t or don’t want to tackle.
- Avoiding foreclosure: The looming threat of foreclosure can often be mitigated by selling your house before the situation escalates further.
- Inherited properties: Maybe you’ve inherited a house in Greenville and prefer a hassle-free, quick sale rather than maintaining or renting it out.
- Privacy concerns: Instead of a public listing, you want a discreet sale that keeps your business private.
- Landlord fatigue: You may be tired of property management or perhaps looking to resolve issues with challenging tenants.
- Health or age-related moves: Health concerns or aging might necessitate downsizing or moving to a facility or a family member’s home, making a quick sale preferable.
- Out-of-state homeowner: Managing a property from afar can be taxing. Selling for cash can simplify the process when you’re not locally based.
If you find your situation reflected in any of the above scenarios, a cash offer from a We Buy Houses company might be the right fit for you. But remember, this is merely the beginning of your journey. To ensure you’re making the best decision, it’s crucial to explore the pros and cons, and what other options are available to you.
Pros and cons of house-buying companies in Greenville
Deciding whether to sell your Greenville home to a house-buying company involves carefully considering the advantages and disadvantages. Let’s weigh the most compelling pros and cons to help you make an informed decision.
Pros
For many, the allure of house-buying companies in Greenville revolves around unmatched speed and convenience. Selling a home that might need repairs without investing time and money can be especially appealing. Here are the primary benefits:
- Swift process: Selling to these companies often means closing the deal within days or weeks, not months.
- No repairs needed: They will buy your house as-is, so there is no need for repairs or renovations.
- No more showings: Forget the hassle of staging, multiple showings, or open houses; it’s a one-time deal.
- No agent fees involved: You won’t face realtor commissions or the typical closing costs.
Cons
The most significant trade-off when using a house-buying company in Greenville is usually the sale price. Receiving less than market value compared to a traditional sale is the biggest drawback. Here are some potential downsides:
- Lower offers: Typically, these companies will offer below market value to ensure profitability.
- Limited negotiation: Most offers are firm, leaving little to no room for price discussions.
- Pressure tactics: Some businesses may prey on your urgent situation, leading to pressure tactics or unfavorable deals.
- Potential for scams: As with all industries, scammers and fraudsters are out there; doing your homework is crucial.
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
Just as in any industry, the integrity, professionalism, and overall service you receive can significantly differ based on the company or individual behind the offer.
Before diving headfirst into a Cash-For-Home sale, it’s vital to do your homework. Your experience largely depends on the buyer’s character and professionalism. Take the time to vet the company thoroughly — peruse online reviews, delve into testimonials, and research their market reputation. Moreover, when you receive a buying agreement, read it meticulously.
HomeLight suggests you consult with an experienced Greenville agent to get a better idea of what your home might be worth if sold on the open market. Then, compare your cash offer. We can connect you with a top-performing local agent in your market. In the meantime, use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Greenville home quickly
iBuyers
iBuyers, or instant buyers, emerged in the mid-2010s. These companies use automated valuation models (AVMs) to make quick, data-informed offers, mainly online. While their offers are often closer to market value for well-maintained homes, 5% to 6% service fees are typical. They’re ideal for sellers with standard, well-kept homes in consistent housing markets.
Listing with an agent
While this may seem counterintuitive in a discussion about selling a house fast, considering the traditional route can be beneficial. In a favorable market, a top agent can facilitate a swift sale if the home is priced right and marketed effectively. Top Greenville agents, based on HomeLight’s data, can net up to 10% more on a home’s sale price than an average agent.
One invaluable service agents offer is a comparative market analysis (CMA). This tool gauges your home’s worth by comparing it to similar, recently sold properties. Many Realtors will offer a free CMA as part of a consultation.
Besides helping set a price, a knowledgeable agent can introduce potential cash buyers willing to match closer to market value. Interested in this route? HomeLight can connect you with Greenville’s best-performing agents.
FAQs on Greenville house-buying companies
By and large, most We Buy Houses for Cash companies in Greenville 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 Better Business Bureau website. Watch for anything that just doesn’t seem right.
Most Greenville 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 take a look at an example offer equation. Let’s say your Greenville Colonial Home could sell for $385,000 after repairs, but it will need $30,000 of work to get there.
($385,000 x .70) – $30,000 = $239,500
In this example, a Greenville We Buy Houses company might offer you around $239,500 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because iBuyers look for homes in better condition. An iBuyer might pay you 90% or more of market value while charging a fee for their services.
When you accept an offer from a Greenville We Buy Houses for Cash company, you will likely be coming to grips with a two-edged sword. On the one side, 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 side, 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 there are any hidden program fees that might impact your bottom line.
- Research and vet the house-buying companies that serve your Greenville area. Our list above is a good place to start.
- Submit offer requests to a few of the 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 Greenville vs. top Greenville 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 Greenville | Sell with a top Realtor in Greenville |
| Selling timeline | 7 to 30 days | 79 days average; 36 to attract an offer, 43 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage home |
| Showings | None | 10 to 25 showings average |
| Inspections / 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-For-Homes 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 5.8% average |
| Closing costs | None | 1% to 3% of the home sale price on top of agent 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 Greenville is currently worth about $385,000 and needs about $25,000 in repairs. Once the repairs are completed, the house might be worth around $410,000.
| Sell to a We Buy Houses for Cash company in Greenville | Sell with a top Realtor in Greenville | |
| Estimated sale price | ($410,000 x .70) – $25,000 = $262,000 | $385,000 |
| Market preparations | 0 | $3,850 (1% of sale price) |
| Agent commissions | 0 | $11,550 (3% of sale price) |
| Closing costs | 0 | $5,775 (1.5%) |
| Estimated take-home for seller | $262,000 | $363,825 |
As this example illustrates, financially, it’s usually in your best 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 property, the level of repairs needed, and your selling objectives. Selling on the open market could be a challenge in your area, or the agent’s timeline might not fit your immediate needs.
Key takeaways
- Speed and convenience: Selling to a house-buying company in Greenville can offer a rapid solution, especially if your home needs repairs or if you’re facing time constraints.
- Lower offers: Be prepared for offers below market value when selling to a We Buy Houses company.
- Multiple sale avenues: Beyond Cash-For-Homes companies, you have iBuyers and traditional agents as options, each with its own pros and cons.
- Insight into your home’s worth: Before committing to any sale, it’s crucial to understand your home’s market value. An experienced agent can offer this insight through a comparative market analysis.
- Buyer information: Ensure the integrity and reliability of any cash-offer company by researching reviews, testimonials, and their market standing.
If you’re leaning toward a Greenville We Buy Houses company, it’s wise to collect several offers and thoroughly evaluate each one. Furthermore, consulting with a seasoned Greenville agent can provide invaluable insights regarding the potential sale timeframe and price you could achieve on the market.
At HomeLight, we’re here to assist you with your real estate needs, whether you’re looking for a no-obligation cash offer or seeking to consult a top Greenville agent to help you sell your property quickly and at the best price. Let us help you make an informed and confident decision.
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