If you’re considering selling your home in 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.
Sell Fast in Greenville With a Cash Offer or Top Agent
Get an all-cash, no-obligation offer on your Greenville 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 Greenville agent.
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 an overview of the process of selling your house for cash:
- 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 working with 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 the team is dedicated to helping investors, it also provides a hassle-free cash offer service to homeowners looking to sell their properties quickly due to various life circumstances.
The house-buying company’s website features a simple form to help sellers in Greenville and nearby areas get a no-obligation cash offer. Its real estate solutions are designed for people going through tough situations who need to sell fast.
Locations: Upstate South Carolina, including Greenville
Closing costs: Sellers pay no closing costs; REI Junkies covers them.
Respected for principled business conduct, REI Junkies has been accredited by the Better Business Bureau (BBB) since 2020 and holds an A+ rating. It has a 4.6-star rating on Google and receives praise from clients who have had a great experience selling their homes.
Past sellers often praise the team’s professionalism, responsiveness, and clear communication. Reviews mention their kindness, helpful attitude, and strong real estate knowledge, with individual team members frequently recognized by name for going above and beyond.
Website: reijunkies.com
Phone number: 864-387-5553
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. Its platform has 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, 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 7 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 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 currently maintains an impressive A+ rating. The company has 4.8 stars on Google based on more than a hundred 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
Nice Guys Buying Houses
Nice Guys Buying Houses is a real estate solutions company that presents all-cash offers within 24 hours, regardless of a property’s condition, be it well-maintained, fire-damaged, tenant-occupied, or in need of major repairs.
Sellers benefit from the flexibility to choose their closing and move-out dates. By using its own cash reserves, the company is able to facilitate fast, hassle-free closings in as little as seven days.
Locations: Greenville and other areas, including Simpsonville, Travelers Rest, Greer, Easley, Anderson, and Piedmont
Closing costs: Sellers pay no closing costs; Nice Guys Buying Houses covers them.
Nice Guys Buy Houses has been BBB accredited since 2016 and now 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. They point out how the team takes time to explain things and helps them understand the process.
Website: webuyhousesgreenvillesc.com
Phone number: 864-920-2425
Your Choice Home Buyers
Your Choice Home Buyers is a Greenville-based real estate investment company that offers practical solutions for property owners facing complex situations. With a proven track record of purchasing and reselling hundreds of homes, the company specializes in handling properties with structural or legal challenges.
The team provides no-fee, cash-based offers within 24 hours, eliminating the typical delays of traditional sales. Properties are acquired in any condition, including those unlikely to pass inspection. Closings are typically completed within seven days, offering a swift and straightforward experience for sellers.
Locations: Greenville and surrounding counties, such as Anderson, Spartanburg, and Pickens
Closing costs: Sellers pay no closing costs; Your Choice Home Buyers covers them.
Since 2023, Your Choice Homebuyers has been BBB accredited, and it currently holds an A rating. Its Google Business Profile reflects a high average review score of 4.6 out of 5 stars.
Clients say working with the team quickly put their minds at ease, even though they were initially unsure about partnering with someone they hadn’t met before. They appreciated the professionalism, clear communication, and willingness to go the extra mile, like visiting their home and answering every question along the way. Many highlight the staff’s honesty, responsiveness, and trustworthiness from start to finish.
Website: yourchoicehomebuyers.com
Phone number: 864-692-8118
Turner Home Team
The Turner Home Team specializes in purchasing properties in as-is condition, offering guaranteed cash solutions to homeowners navigating a range of selling challenges. Their simplified process begins with a property evaluation, followed by a no-obligation, cost-free cash offer that sellers are free to accept or decline.
By eliminating the need for repairs, fees, or lengthy negotiations, the company makes the selling experience more efficient and stress-free. In many cases, closings can be completed in as few as 10 days, providing a prompt resolution for those seeking a quick sale.
Locations: Throughout North and South Carolina, including Greenville
Closing costs: Sellers pay no closing costs; Turner Home Team covers them.
Given its professionalism and responsiveness, Turner Home Team earned 4.7 stars on Google, reflecting its commitment to excellent customer service. Previous clients noted the staff’s willingness to answer questions and explain processes thoroughly. 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: 252-525-4780
We Buy Ugly Houses/HomeVestors Greenville
We Buy Ugly Houses, or 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 150,000 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: Sellers pay no closing costs; We Buy Ugly Houses covers them.
We Buy Ugly Houses/HomeVestors has been BBB accredited since 2016, and has earned an A+ rating. Google reviews are mostly positive, garnering an average rating of 4.9 stars. Most of the testimonials touted its professionalism and fair offers. However, some of their offices in specific locations registered lower review ratings.
Website: webuyuglyhouses.com
Phone number: 213-263-6285
Why sell your Greenville 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 Greenville, selling a home on the open market using an agent typically takes around 79 days. That includes an average of 38 days on the market, from listing to signed contract, plus the typical 41 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 is in poor condition, riddled with HVAC issues or foundation damage, which you can’t or don’t want to tackle.
- Foreclosure solution: If there’s a looming threat of foreclosure, selling your house early and quickly can help you avoid further damage to your credit.
- Unwanted inheritance: 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, off-market 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 out of state 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. Just keep in mind, this is only the first step in the process. 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, as 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.
- Scam risks: Although most cash-for-homes firms are legitimate, some operate house-buying scams, which is why carefully researching the company you’re working with 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. Read 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
Working with iBuyers
Instant buyers, or iBuyers, 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. These iBuyer companies are 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 seller’s 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. If you’re 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 (ARV) 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 $410,000 after repairs, but it will need $25,000 of work to get there.
($410,000 x .70) – $25,000 = $262,000
In this example, a Greenville We Buy Houses company might offer you around $262,000 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 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 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; 38 to attract an offer, 41 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 / 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 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 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 the sale price) |
Agent commissions | 0 | $11,550 (3% of the sale price) |
Closing costs | 0 | $5,775 (1.5% of the sale price) |
Estimated take-home for seller | $262,000 | $363,825 |
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 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
- Speedy, convenient transaction: 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.
- Property value insights: 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.
- Due diligence: 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.
Editor’s note: This post is for educational purposes only. Links to and mentions of Greenville 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.
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