Are People Happy with Cash for Home Companies?

Updated 11/10/2023

It’s true there are cash for home companies that offer transparent, reliable services. However, there are also firms that take advantage of homeowners who need to sell fast for cash.

Selling your home is a major commitment, so it’s important to take the right steps to ensure you get the best deal possible for your property. One way to determine the reliability of a cash for home company is by doing some online research and reading reviews left by previous customers.

“Sell My House Fast” Reviews

How can you tell a reputable cash home buyer from one that’s not? One way is through their reviews. A reputable “sell my house fast” company has an excellent record of happy clients who are satisfied with their experience. These customers most often leave positive feedback.  Here are a couple of reviews made by our UK clients who used our services:

“I needed to sell my house quickly over the Christmas holidays, and an open market sale wasn’t possible. We completed the process with SmoothSale in under a month and received cash for the property. Really good service from Zack – thank you!”

– Jo

“A very professional company who made me feel valued right from the beginning. Zak and his team exceeded my expectations and supported me throughout. I would definitely recommend this company to anyone who is looking to buy or sell properties. Thank you.”

– Wasim

“Very pleased with SmoothSale. My contact Max did everything to make this process as easy as he could. Arranged solicitor for me which SmoothSale paid for. When the move to my new home was delayed by two weeks he reassured me not to stress out and allowed me time to move and subsequently clear the house. 10 out of 10 for customer service ease of sale.”

– Chris V

Not All Reviews are Positive

Occasionally, there may be a negative review of a cash home buyer company. However, these should be low in number compared to the company’s positive reviews. Some issues to watch for when using a cash home buyer can include:

Low offer: a cash house buyer can be a quick way to sell your property; however, they sometimes offer less than the market value. However, if you’re in a tight spot, a cash home buyer may be the right choice for you.

Scam risk: there’s a small chance of running into a cash home buyer company that runs scams. For instance, they may use cashiers cheques, for instance. Some buyers are actually “front” people working for other organisations. These “buyers” may charge extra fees for services. This is uncommon, but it can still occur. On the other hand, a genuine cash for home buyer doesn’t require an outside financier or a third party to purchase your home. They personally buy your home with their own cash, within days. Any company that stalls on payments or requires third parties to finance the purchase is not a genuine cash-for-home business.

Unrealistic offer for your home: some scam cash-for-home companies may make offers that are too good to be true. They may end up reneging on their offer at the last minute. Cash for home-buying companies never offer 100% of your home’s value. Some may offer about 90%, but that is rare. In general, it’s more common to be offered between 75% and 85% of your property’s value, but this depends on the company and the quality of the property.

It’s issues like these that make reading reviews so important when working with a cash home buyer company. So, it pays to do your research and have checks carried out on the buyer before you agree to do business with them. Having done this, you’ll have more confidence about what to expect from the cash home buyer you’ve chosen.

However, if you’re suspicious of anything you learn about the buyer, it’s best to stop working with them immediately and work with a different company. That way, you can have peace of mind when you’re selling your home.