We Buy Houses Anderson, SC: 5 Top Companies
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Kelsey Morrison Former HomeLight EditorClose
Kelsey Morrison Former HomeLight EditorKelsey Morrison worked as an editor for HomeLight's Resource Centers. She has seven years of editorial experience in the real estate and lifestyle spaces. She previously worked as a commerce editor for World of Good Brands (eHow.com and Cuteness.com) and as an associate editor for Livabl.com. Kelsey holds a bachelor’s degree in Journalism from Concordia University in Montreal, Quebec, and lives in a small mountain town in Southern California.
If you’re a homeowner in Anderson, South Carolina, and looking to sell — perhaps you’ve got a rental property with problem tenants or an inherited estate you don’t wish to hold onto — “We Buy Houses” companies can help you close the deal quickly without the hassles of the traditional market.
These companies provide relief to homeowners facing time constraints or whose properties require renovations. They make all-cash offers on homes in any condition and close in a matter of days or weeks, allowing you to skip the cleanings, repairs, and showings that come with selling a home on the open market. In exchange for speed and convenience, sellers should expect offers that are below market value — that’s how these companies turn a profit.
In this article, we’ll dive into the pros and cons of working with house-buying companies. We’ll also outline some of the top “We Buy Houses” companies serving the Anderson market. By the end, you’ll have all the information you need to make an informed decision that aligns with your home-selling goals.
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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 Anderson area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Anderson
Selling your home to an Anderson, SC house-buying company might seem daunting, but it’s a fairly straightforward process. Here’s a quick guide to understanding the basic steps involved, designed to make your home sale run as smoothly as possible.
1. Research companies: Begin by looking up reputable house-buying companies in Anderson. Ensure they have a solid track record and positive reviews from past clients.
2. Submit your info: Reach out to your chosen company and submit the required information about your property. This usually includes basic details like location, size, and condition.
3. Schedule a walkthrough: A representative of the company will likely conduct a walkthrough of your home to verify its condition and market value.
4. Receive an offer: After evaluating your property, the company will make an all-cash offer. This offer is typically non-negotiable, meaning there’s little room for haggling.
5. Accept the offer: If the offer meets your expectations, you can accept it to move forward with the sale.
6. Close the deal: The closing process is usually quick, and often completed within a week or two. During this time, all necessary paperwork is finalized, and you receive the cash for your home, typically through a bank transfer.
Popular We Buy Houses for Cash companies in Anderson
If selling to a house-buying company appeals to you, the first step is to find a trustworthy and legitimate company to work with in Anderson, SC.
We’ve highlighted some of the top companies that will pay cash for your parents’ brick ranch-style house or 1940s cottage. By selling to one of these companies, you should be able to sell your Anderson home in as little as a week or two.
Myrtle Beach Home Buyers
Myrtle Beach Home Buyers is a family-owned business that purchases properties “as-is” in select cities throughout South Carolina, including Anderson. They extend competitive cash offers on houses, condos, apartments, mobile homes, and multi-family properties. If you receive a higher offer from another house-buying company, Myrtle Beach Home Buyers will do their best to beat it. Sellers can close in as few as seven days, or choose a date that works best for them.
Locations: Several cities throughout South Carolina, including Anderson.
Closing costs: Sellers pay no closing costs; Myrtle Beach Home Buyers cover them.
Myrtle Beach Home Buyers has been accredited by the Better Business Bureau (BBB) since 2018 and holds an A+ rating. They also boast a 4.9-star rating on Google. Clients commend the company’s attentive service, smooth home-selling process, and willingness to answer questions. “Selling our home while living out of state and using this process was so simple and streamlined,” wrote one former client. “All the folks involved were super nice and extremely helpful! They kept their word and didn’t hesitate to answer any questions we had.”
Website: myrtlebeachhomebuyers.com
Phone number: 843-507-5058
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Anderson (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network of cash buyers in the US. 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 neighborhoods throughout Anderson.
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 Anderson, SC.
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 hundreds of 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
House Hub Real Estate Solutions
House Hub Real Estate Solutions provides cash offers to homeowners in the Upstate and Midlands regions of South Carolina. Based in Cowpens, the company makes fair, no-obligation cash offers on homes in any condition. House Hub Real Estate Solutions can close a sale in as few as seven days, and will even take care of the closing costs.
Locations: Upstate and Midlands South Carolina, including Anderson
Closing costs: Sellers pay no closing costs; House Hub Real Estate Solutions covers them.
House Hub Real Estate Solutions has a 4.7-star rating on Google. They have been accredited by the BBB since 2022 and hold an A+ rating. The company receives praise for its professionalism, integrity, and dedication to its clients’ best interests. “[Teri] helped me with my Dad’s house, even though I live out of state,” wrote a former client. “He made me feel comfortable with the process and the outcome. He was honest with what to expect, but he also kept in mind that it was an emotional endeavor.”
Website: ibuyhomesinsouthcarolina.com
Phone number: 864-272-5400
Your Choice Home Buyers
Your Choice Home Buyers purchase homes “as-is” in Upstate South Carolina, including Anderson, Greenville, Spartanburg, and Pickens counties. They can give homeowners a no-obligation cash offer in 24 hours or less — simply fill out the online form or give them a call to get started. Deals can close in as little as seven days, or sellers can choose a date that fits their schedule.
Locations: Anderson, Greenville, Spartanburg, and Pickens counties
Closing costs: Sellers pay no closing costs; Your Choice Home Buyers covers them.
Your Choice Home Buyers has been BBB-accredited since 2023 and has an A- rating. The company also has a Google rating of 5 stars based on a limited number of reviews. Clients appreciate the employees’ honesty, reliability, and professionalism. “Dave and Casey are very easy to work with, fair on pricing, professional, and move the deal process along very quickly and smoothly,” reads a recent review.
Website: yourchoicehomebuyers.com
Phone number: 864-692-8118
Priority Home Buyers
Priority Home Buyers is a nationwide cash home-buying company with a presence in Anderson. They provide perks like a free local move, a cash advance of up to $10,000, and a rent-free stay through closing. After filling out their online form, you can get a cash offer within the hour. Priority Home Buyers is able to close in as few as seven days and pays for all closing costs.
Locations: Nationwide, including Anderson, SC
Closing costs: Sellers pay no closing costs; Priority Home Buyers cover them.
Priority Home Buyers has received rave reviews for their market knowledge, integrity and trustworthiness, and reasonable offers. They have been BBB-accredited since 2023 and have an A- rating. The company also touts a 4.9-star rating on Google. “Their knowledge and experience, alongside their patient approach, made this stressful event an easy and successful experience for me,” wrote a former client.
Website: priorityhomebuyers.com
Phone number: 877-399-1777
Why sell your Anderson house for cash?
Under certain circumstances, selling your Anderson house for cash can be a strategic decision. This option simplifies the selling process, offering a quick and efficient solution for homeowners who face unique challenges or urgent needs.
In Anderson, SC, it typically takes around 76 days to sell a home on the open market using a real estate agent. That includes an average of 32 days on the market, plus the typical 44 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 Anderson, 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 explore some common scenarios where working with a house-buying company might be to your advantage:
- Job relocation: If you’re moving for a new job opportunity, selling your home for cash can fast-track your relocation process without the usual delays.
- Divorce: During a divorce, selling your home for cash might offer a straightforward way to divide assets and start anew.
- Inherited property: If you’ve inherited a home you don’t wish to keep, a cash sale can simplify the process of offloading the property.
- Downsizing: For those looking to move into a smaller home or a retirement community, selling for cash can make the transition smoother.
- Major repairs needed: Selling a home that requires significant repairs, such as foundation issues, can be more straightforward with a cash offer.
- Avoid open houses: If you prefer not to deal with the inconvenience of open houses, a cash sale eliminates this step.
- Foreclosure looming: When facing foreclosure, selling for cash can offer a way out, allowing you to settle debts more quickly.
- Troublesome tenants: For landlords wanting to sell a property burdened with difficult tenants, a cash offer presents a hassle-free exit strategy.
- Selling from out of state: If you’re managing the sale of a property from another state, a cash sale can lift that weight off your shoulders.
Understanding when a cash sale might be the best route for your Anderson home is just the beginning. It’s important to weigh the advantages and disadvantages of selling to a house-buying company. This approach ensures you’re making the most informed decision for your situation.
Pros and cons of house-buying companies in Anderson
If you’re considering selling your Anderson home to a house-buying company, it’s important to look at both sides of the coin. Perks of this arrangement include selling your house “as-is” and short closing timelines, while downsides include offers that are below market value and limited buyer competition.
Here’s a quick breakdown of the pros and cons of partnering with a “We Buy Houses” company:
Pros
- Fast closing: House-buying companies in Anderson can often close on a property within a week, offering a solution for sellers who need to move quickly.
- No repairs needed: You can sell your home as-is, avoiding the time and expense involved in making repairs or renovations.
- Simple process: The sale process is straightforward, with fewer contingencies and hurdles compared to traditional real estate sales.
- Cash payment: Sellers receive a cash offer, eliminating the worry about buyer financing falling through.
Cons
- Lower offers: Expect offers that are below market value, as house-buying companies aim to profit from their investment.
- Limited negotiation: The price offered is usually take-it-or-leave-it, with little room for negotiations.
- Risk of scams: While many companies are reputable, the industry is not without its scams. Always perform due diligence.
- Missed market premium: Selling on the open market could potentially net a higher sales price, especially in a seller’s market.
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
The level of integrity and service varies significantly from one “We Buy Houses” company to another. The experience you have will largely depend on the character and reputation of the person or group behind the offer. Before agreeing to a cash offer, it’s crucial to vet the company thoroughly. Take the time to read online reviews and research the company’s presence and performance in the Anderson market.
Knowing your home’s worth will also help you make an informed decision, and could prevent you from accepting an offer far below market value. Read the buying agreement carefully, making sure you understand all the terms and conditions, before signing on the dotted line.
HomeLight suggests you consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare it to your cash offer. HomeLight can connect you with a top-performing agent in Anderson. You can also use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Anderson home quickly
iBuyers
iBuyers, or instant buyers, utilize automated valuation models (AVMs) to make fast, all-cash offers near market value for homes in good condition. The iBuyer process, which is conducted mostly online, can close in just a few days to two weeks. Major players in the industry, like Opendoor and Offerpad, typically charge service fees ranging from 5%–6%. This route is best suited for homeowners in areas with uniform housing types.
Listing with an agent
Alternatively, listing with an agent could yield the highest selling price, especially in a seller-friendly market like Anderson. Agents can offer valuable insights through a comparative market analysis (CMA), which is often compiled for free, helping to price your home competitively for a fast sale. Additionally, agents might be able to connect you with cash buyers willing to pay close to market value. If you’re considering working with an agent, HomeLight can connect you with top performers in your area.
FAQs on Anderson house-buying companies
By and large, most We Buy Houses for Cash companies in Anderson, SC 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 that 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.
As described in our pros and cons list above, most Anderson 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 Anderson ranch-style home could sell for $300,000 after repairs, but it’s going to need $30,000 of work to get there.
($300,000 x .70) – $30,000 = $180,000
In this example, an Anderson We Buy Houses company might offer you around $180,000 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 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 an Anderson “We Buy Houses” 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 is going to 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.
1. Research and vet the house-buying companies that are active in Anderson, SC. Our list above is a good place to start.
2. Submit offer requests to a few of the companies you like best.
3. Schedule any required on-site property visits.
4. Compare offers. Weigh the pros and cons and choose the best option for you.
5. 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 Anderson vs. top Anderson 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 Anderson | Sell with a top Realtor in Anderson |
| Selling timeline | 7 to 30 days | 76 days average; 32 to attract an offer, 44 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 title before you can sell 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 | 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 Anderson is currently worth about $287,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $312,000.
| Sell to a We Buy Houses for Cash company in Anderson | Sell with a top Realtor in Anderson | |
| Estimated sale price | ($312,000 x .70) – $25,000 = $193,400 | $287,000 |
| Market preparations | 0 | $2,870 (1% of sale price) |
| Agent commissions | 0 | $16,646 (5.8% of sale price) |
| Closing costs | 0 | $4,305 (1.5%) |
| Estimated take-home for seller | $193,400 | $263,179 |
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 in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Selling your Anderson home to a house-buying company offers a quick, hassle-free process.
- You can sell your home in its current condition, avoiding the cost and time of repairs.
- Be aware that offers may be below market value, reflecting the convenience and speed of the sale. It’s important to know your home’s value before signing anything.
- Research and vet potential buyers to avoid scams and ensure you’re working with a reputable company.
- Explore other options like working with a top real estate agent or selling to an iBuyer.
- HomeLight’s Simple Sale platform presents no-obligation, all-cash offers for homes in almost any condition in Anderson, connecting you with various investors. It’s an ideal first step for uncertain home sellers.
As you consider selling your Anderson home to a “We Buy Houses” company, remember the importance of gathering multiple offers and carefully weighing your options. Consulting with a top Anderson agent can provide expert insights into how quickly and for how much your property could sell on the market.
If you’re looking for assistance with your real estate needs, HomeLight can connect you with top agents and cash buyers to make the selling process seamless. Selling your home is a major decision, and you should explore every avenue to achieve the best outcome for your future.
Header Image Source: (Stephanie Klepacki/ Unsplash)
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