We Buy Houses Bartlett: Top 4 Companies
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Joseph Gordon EditorCloseJoseph Gordon Editor
Joseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
Need to sell your Bartlett home quickly? We Buy Houses companies in Bartlett make cash offers for properties, often without requiring repairs or upgrades. If you’re short on time or funds to fix up your home, selling to one of these companies may provide the fast solution you’re looking for.
A cash sale can be ideal if you’re facing an urgent situation, like a sudden move, inheritance, or financial pressure. You can skip the hassle of repairs and walk away with money in hand, ready to focus on your next steps.
In this post, we’ll weigh the pros and cons of selling your Bartlett home for cash to help you decide if this is the right option for you.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Bartlett area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Bartlett
Working with a house-buying company in Bartlett can help you sell your home quickly and without the hassle of repairs or staging. If you’re ready to move fast, here’s an easy-to-follow overview of the steps you’ll take to sell your home for cash.
1. Reach out to a company: Contact a house-buying company and provide basic information about your property.
2. Schedule an evaluation: A representative will visit your home to assess its condition and market value.
3. Receive an offer: After the evaluation, you’ll get a cash offer, often within 24-48 hours.
4. Review and accept the offer: If the offer works for you, sign the paperwork to move forward with the sale.
5. Close on your schedule: Choose a closing date that fits your timeline, sometimes as quickly as a week.
6. Receive payment: On the closing day, you’ll receive your cash payment, and the sale is complete.
Popular We Buy Houses for Cash companies in Bartlett
If the process of selling to a house-buying company in Bartlett sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your or your parents’ Ranch style or Craftsman. By selling to one of these companies, you should be able to sell your Athens home in as little as a week or two.
TN Homebuyers
TN HomeBuyers, established in 2002, will buy houses from sellers, offering cash offers and flexible closing dates. The company specializes in buying various types of residential real estate, including single-family houses, condos, townhouses, and multifamily houses.
Locations: All over Tennessee.
Closing costs: Sellers pay no closing costs; TN HomeBuyers will cover them.
TN HomeBuyers has been BBB accredited since 2004 and holds an A+ rating and an average of 4.8 out of 5 stars.
Website: 299cash.com
Phone number: 615-299-5525
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Bartlett (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 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 Bartlett.
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 Bartlett
Closing costs: No prep costs, agent commissions, or 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
Integrity House Buyers
Integrity House Buyers, based in Clarksville, buys houses directly, paying cash and closing quickly without fees or commissions, regardless of the property’s condition.
Locations: Statewide
Closing costs: Sellers pay no closing costs; Integrity House Buyers structures an offer so there are no out-of-pocket expenses.
Integrity House Buyers has been BBB accredited since 2022 and holds an A+ rating. On Google, they hold a 4.8-star rating and garner praise for their exceptional service.
Website: buyerswithintegrity.com
Phone number: 931-213-6951
New Horizon Home Buyers
New Horizon Home Buyers purchase homes nationwide, regardless of condition. After filling out a short form on its website, the company will offer you cash, following an assessment of your property. Offers can be received in as little as seven days.
Locations: All over the United States, including Tennessee.
Closing costs: Sellers pay no closing costs; New Horizon Home Buyers will cover them.
New Horizon Home Buyers has been BBB accredited since 2020 and holds an A+ rating. On Google, the company holds a score of 4.9 stars.
Website: newhorizonhomebuyers.com
Phone number: 423-509-8393
Why sell your Bartlett house for cash?
Why sell your Bartlett property for cash? Customers of cash-for-homes companies will frequently cite the speed and transaction simplicity, particularly when compared to selling a home the traditional way.
In Bartlett, it typically takes around 99 days to sell a home on the market using an agent. That includes an average of 55 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 Bartlett, 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.
Here are some common scenarios where this type of sale might be the right fit.
- Job relocation: If you’ve got to move for a new job, selling quickly can help you focus on your next steps in a new city.
- Divorce: A divorce can make selling your house fast necessary, helping you move forward with your plans.
- Inherited property: If you’ve inherited a home and don’t want to maintain it, selling for cash can save you time and stress.
- Downsizing: When you’re downsizing to a smaller home or retirement community, a fast sale can streamline the process.
- Major repairs: If your home needs significant repairs, selling as-is to a cash buyer can save you from spending time and money on fixing issues.
- Avoiding open houses: Don’t want to deal with open houses or constant showings? A cash buyer offers a simple alternative.
- Foundation issues: Homes with foundation problems may struggle on the traditional market, but cash buyers often take them as-is.
- Foreclosure: If you’re at risk of foreclosure, a quick cash sale can help you avoid further financial damage.
- Dealing with tenants: If you own a rental property and want to sell, a cash buyer can purchase the home even if there are tenants in place.
- Selling from out of state: If you’ve moved and need to sell from out of state, a cash buyer can help you sell without making trips back and forth.
Pros and cons of house-buying companies in Bartlett
Working with a house-buying company in Bartlett comes with clear advantages and disadvantages. These companies offer speed and convenience, but they may not always be the best fit depending on your situation. Here’s a quick look at the pros and cons of this approach.
Pros of selling to a house-buying company
A house-buying company in Bartlett can be a great solution when you need to sell quickly and don’t want to deal with repairs or preparations. Below are some key benefits.
- Speedy sale: You can sell your home within a matter of days, making it ideal for urgent situations.
- As-is purchase: House-buying companies will buy your home as-is, so there’s no need to make repairs or clean up before selling.
- No contingencies: Most house-buying companies close deals without contingencies, which means fewer obstacles to finalizing the sale.
- Guaranteed cash offer: You’ll receive a firm cash offer, eliminating the uncertainty that often comes with traditional home sales.
Cons of selling to a house-buying company
The biggest downside is that house-buying companies will typically offer you below market value. This means you could make more money selling with a real estate agent. Below are some key drawbacks.
- Lower offer price: You’re likely to receive significantly less than you would selling your home on the open market.
- Scams are possible: While rare, there have been reports of scams in the house-buying industry, so it’s important to vet companies carefully.
- No negotiations: Most house-buying companies present a take-it-or-leave-it offer, so there’s little room for discussion on price.
- Miss out on buyer competition: When you sell to a house-buying company, you miss out on the potential bidding wars that could increase your home’s value on the traditional market.
Vet cash buyers and know your home’s worth
- Vet the buyer’s reputation: The level of integrity you experience with a cash buyer in Bartlett can vary. Check online reviews and testimonials to get a sense of their track record.
- Research their market presence: Make sure the company has a solid reputation and experience in the real estate market. Look into how long they’ve been operating and their performance with past clients.
- Read the agreement carefully: Before committing to any cash offer, thoroughly review the buying agreement. Pay attention to details like payment terms and any conditions that may affect your sale.
- Know your home’s worth: Compare the cash offer to your home’s actual market value. This will help you decide if accepting the offer is truly in your best interest.
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 your cash offer. HomeLight can connect you with a top-performing agent in your market. 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 Bartlett home quickly
iBuyers
iBuyers
iBuyers like Opendoor and Offerpad use automated valuation models to quickly generate cash offers, typically closer to market value for homes in good condition. The iBuyer process is largely online, offering a fast closing timeline—usually within days. However, expect service fees between 5%-6%.
Listing with an agent
Selling with an agent may take longer but often results in a higher sale price. A trusted agent can provide a comparative market analysis (CMA), often free, to help price your home accurately. HomeLight can connect you with a top agent for a well-marketed, strategic sale.
FAQs on Bartlett house-buying companies
By and large, most We Buy Houses for Cash companies in Bartlett 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 Bartlett 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 Bartlett Ranch could sell for $350,000 after repairs, but it will need $30,000 of work to get there.
($350,000 x .70) – $30,000 = $215,000
In this example, a Bartlett We Buy Houses company might offer you around $215,000 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 a Bartlett We Buy Houses for Cash company, you will likely be coming to grips with a double-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 it is accepted. Conversely, 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, asking the company if any hidden program fees might impact your bottom line is always a good idea.
1. Research and vet the house-buying companies that serve your Bartlett area. 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 Bartlett vs. top Bartlett 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 Bartlett | Sell with a top Realtor in Bartlett |
Selling timeline | 7 to 30 days | 99 days average; 55 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 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%-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 compiled 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 Bartlett is worth about $475,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $500,000.
Sell to a We Buy Houses for Cash company in Bartlett | Sell with a top Realtor in Bartlett | |
Estimated sale price | ($500,000 x .70) – $25,000 = $325,000 | $475,000 |
Market preparations | 0 | $4,750 (1% of sale price) |
Agent commissions | 0 | $14,250 (3%* of sale price) |
Closing costs | 0 | $7,125 (1.5%) |
Estimated take-home for seller | $325,000 | $448,875 |
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
- Cash offers are fast: Selling to a house-buying company offers a quick sale, often within days, which is ideal for urgent situations.
- Sell as-is: You won’t need to make repairs or stage your home, as these companies buy properties in any condition.
- Fewer obstacles: Cash buyers usually have no contingencies, meaning fewer delays in closing.
- Lower sale price: You’re likely to receive less than market value, so it’s important to weigh this against the convenience of a fast sale.
- Know your home’s worth: Always be aware of your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to lend a guiding hand in navigating your real estate journey. Let us help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top Bartlett agent.
Header Image Source: (miflippo/ Depositphotos)