6 Top We Buy Houses for Cash Companies in Davenport, Florida
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Eileen Wubbe, Contributing AuthorClose
Eileen Wubbe Contributing AuthorEileen Wubbe is a New York-based writer and editor covering finance and real estate.
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Richard Haddad, Executive EditorClose
Richard Haddad Executive EditorRichard Haddad is the executive editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
Selling a home in the Sunshine State isn’t always easy — and when you’re trying to sell fast, the pressure can make the process more challenging. However, if you partner with companies advertising ‘We Buy Houses,’ Davenport, Florida companies can simplify the sale.
Need to Sell Your House Fast in Davenport?
Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in as little as 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers in Davenport, Florida.
Maybe you’ve landed a new job in another city, and the employer wants you to start right away. Or perhaps you’re facing an unplanned life change and need to relocate ASAP. Or you may be experiencing a major financial challenge, and you find yourself needing to sell your Davenport property in a hurry and without hassles.
With cash-for-homes companies, you can get all-cash offers for your home even if’s in poor condition. This is especially beneficial if you lack the time, expertise, and money for repairs. You can move quickly and receive the cash proceeds from your home sooner when you need it.
If you need to sell your Davenport home quickly, a top We Buy Houses for Cash company could be the best solution. However, before you request a cash offer, it’s important to understand how much a Davenport house-buying company might offer for your home and consider your options. Once you’re familiar with the process, you can opt to select a company on our list of some of the top contenders and get moving.
Editor’s note: This post is for educational purposes only. Links to and mentions of Davenport area ‘We Buy Houses’ companies are not endorsements. Additionally, program details may change frequently. Visit the home-buying company’s website for the most up-to-date information on each individual program.
Working with house-buying companies in Davenport
We Buy Houses companies in Davenport typically promise to give home sellers quick, convenient all-cash offers, and exceptionally speedy closings, often wrapping up the property sale in as few as seven days. These house-buying companies have polished their processes to help sellers who need to move ASAP, and tend to target distressed homes in need of repairs.
Here’s how the process of selling a house for cash generally works:
- You request an all-cash offer. The company will ask you to provide information about your house and property. Some We Buy Houses groups will make a preliminary offer shortly after you submit the request. However, the initial offer typically is subject to change after they have inspected your home.
- The company performs a walk-through. This on-site property visit typically takes 24 to 48 hours, but the timeframe may vary depending on the company and market.
- You receive a firm offer. You’ll typically get the offer within 24 hours of the on-site visit, but can sometimes be presented at the end of the walk-through. At this point, you can accept or decline the offer. The majority of house-buying companies do not negotiate. They usually present a take-it-or-leave-it sale price.
- If you accept the offer, you’ll both sign a sales contract. With a signed sales agreement, the closing process will begin. Some house-buying companies provide a large deposit or funds to assist the seller with moving costs. Others pay for the property upfront.
- You proceed to closing and get paid quickly. We Buy Houses companies can typically close your home sale within seven days to a few weeks. This can vary by company, and sellers who work with a house-buying company often enjoy flexibility in selecting a move-out date that works for them.
Popular We Buy Houses for Cash companies in Davenport
If the process of selling to a house-buying company in Davenport 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 parent’s property, whether that’s a Mediterranean or ranch-style home. By selling to one of these companies, you should be able to sell your Davenport home in as little as a week or two.
Freedom Cash Home Buyers
Founded in 2015, Freedom Cash Home Buyers prides itself on consistently providing homeowners with freedom from any situation they may find themselves in, saving them time from cleaning or making repairs. It purchases homes in whatever condition they’re in.
To get started, sellers can call Freedom Cash Home Buyers or fill out a form online. A Freedom Specialist will assess the home value using industry analytics. Once the best possible offer is decided on and a contract is presented, the seller will have several days to review and accept. It takes approximately 10 to 20 days after the agreement is signed to provide the homeowner with cash.
The company has sold hundreds of houses and says most of its clients are looking to save time on complicated repairs and house showings.
Locations: Throughout Florida, including Davenport
Closing costs: Sellers pay no closing costs; Freedom Cash Home Buyers covers them, with the exception of property taxes.
Freedom Cash Home Buyers has been accredited by the Better Business Bureau (BBB) since 2017 and has an A+ rating. It has a 4.9 rating out of 5 on Google reviews. Customer reviews highlighted how the company went above and beyond in areas where other companies fall short, reflecting the essence of excellent customer service. The team has expressed patience and understanding, covering all the fine details of the transaction.
Website: freedomcashhomebuyers.com
Phone: 877-806-2641
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Davenport and across the country can request a cash offer for their home. It connects you to one of the largest networks of cash buyers in the U.S., and 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 locations throughout Davenport. With this platform, you can get an all-cash offer in as little as 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 Davenport
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 commitment to excellent customer care, it has received BBB accreditation with an A+ rating. Based on hundreds of user reviews, the firm has earned 4.8 stars on Google.
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
Ron Buys Houses
Ron Buys Florida Homes specializes in buying houses as-is, eliminating the need for cleaning or repairs. Whether homeowners are facing foreclosure, dealing with an unwanted inherited property, or struggling with problem tenants, the company offers a hassle-free solution.
During the initial appointment, their team assesses the property and estimates repair costs to present a fair cash offer. With a commitment to transparency and efficiency, they provide sellers with a smooth and stress-free experience. Their goal is to offer a fast, reliable option for homeowners looking to sell quickly.
Locations: Throughout Florida, including Davenport
Closing costs: Sellers pay no closing costs; Ron Buys Florida Homes covers them.
Ron Buys Florida Homes has been BBB accredited since 2024 and currently has an A- rating. Its Google Business Profile garnered various positive reviews, generating a perfect 5.0 star rating. Clients describe Ron Buys Florida Homes as a highly knowledgeable team with a fast response time and a professional yet kind approach. Many appreciate the staff’s empathy, especially when navigating major life transitions.
Website: ronbuysfloridahomes.com
Phone: 561-758-2390
Freedom Cash Home Buyers
Florida Cash Home Buyers was founded in 2011 and has closed more than 1,400 real estate transactions since its inception. Homeowners simply need to call or fill out the form on the company’s website to set up a five- to 10-minute “discovery” conversation with a property specialist from the company.
After that initial discussion, the buying manager performs a market analysis to determine their best offer. You can close on your home in as few as 15 days.
Locations: Throughout Florida, including Davenport
Closing costs: Sellers pay no closing costs; Florida Cash Home Buyers covers them.
Florida Cash Home Buyers has been BBB accredited since May 2015 and holds an A+ rating. The company has over 200 reviews on Google averaging 4.9 out of 5 stars. Some customers praised the team for being prompt and efficient, while others appreciated learning about all available options. Sellers commended the company for being professional and attentive, while exercising transparency patience in making the process go smoothly.
Website: floridacashhomebuyers.com
Phone: 954-519-7040
The Buy Guys
The Buy Guys, founded in 2015, buys as-is properties, including single-family, multi-family, townhouse, or apartment buildings. For those without the budget for repairs or lacking time to go through a real estate agent, the company’s fast house-buying services can be an ideal solution.
After receiving the signed contract, the staff generally takes 10 business days to pay cash for a home. The Buy Guys are licensed real estate professionals and investors who have purchased more than 10,000 homes across the country and helped thousands of customers.
Location: Throughout Florida, including Davenport
Closing costs: Sellers pay no closing costs; The Buy Guys cover them.
The Buy Guys has been BBB accredited since March 2016 and holds an A+ rating. Positive customer reviews highlighted the polite, painless, and professional home selling process. Some clients praised the company for patiently walking them through the steps of the transaction, while others commended how the staff delivered on their promises. However, some customers were concerned about changing offers and the frequent phone calls.
Website: thebuyguys.com
Phone: 407-904-7329
We Buy Houses
Founded in 1997, We Buy Houses is a nationwide company that connects home sellers to local real estate professionals who will provide a cash offer in 24 to 48 hours. Homeowners can get started by filling out a form on the company’s website.
More than one million homeowners have used We Buy Houses, according to the company’s website, and the company has more than 200 markets across the country. It facilitates fast closings in as quickly as seven to 14 days.
CEO Jeremy Brandt founded We Buy Houses to create a national brand and network of honest, experienced, and well-capitalized investors who follow a code of ethics to work under. The company’s investors are thoroughly vetted and typically are already completing six to 10 deals per year before joining. Many join to scale up their own business. These investors purchase a license to use the We Buy Houses Brand and marketing materials.
Locations: Nationwide, including Davenport
Closing costs: Sellers pay no closing costs; We Buy Houses covers them.
Client feedback on We Buy Houses’ services vary depending on the location. One of its Texas offices has been BBB accredited since 2020 and has an A+ rating. Meanwhile, the Florida Panhandle branch’s Google Business Profile has earned a 5-star rating.
Clients appreciate the company’s ability to purchase homes in as-is condition, making the selling process hassle-free. They commend the firm for standing by its initial offer, providing transparency and reliability. Many also highlight the company’s efficiency in closing deals quickly, ensuring a smooth and stress-free experience.
Website: webuyhouses.com/FL/Davenport
Phone: 904-674-8004
Why sell your Davenport house for cash?
There are plenty of valid reasons a Davenport home seller may choose to work with a cash-for-homes company. Leading the list are the benefits of speed, certainty, and remarkable convenience.
In Davenport, selling on the open market with an agent typically takes about 121 days. That includes an average of 79 days listed on the market until a signed contract, plus the typical 42 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 Davenport, 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.
These companies are becoming increasingly popular, particularly among sellers who don’t have the time for the lengthy process of preparing, marketing, and closing a traditional home sale. Let’s look at some of the most common reasons Davenport sellers decide to use a We Buy Houses for Cash company over listing a property the traditional way.
- Relocating for work: You need to move quickly for a new job and can’t wait for a traditional home sale.
- Dealing with divorce: You want to quickly divide assets and move on with your life.
- Unloading an inheritance: You’ve inherited a house and prefer a quick sale over dealing with maintenance or renting.
- Downsizing: You’re looking to move into a smaller home or retirement community without the hassle of prepping and showing your current home.
- Worrying over repairs: Your home requires significant repairs that you can’t afford or don’t want to manage.
- Avoiding open houses: You prefer to avoid the stress and inconvenience of multiple showings and open houses.
- Dealing with home foundation issues: Your home has structural problems, making it less attractive to traditional buyers.
- Navigating foreclosure: You’re facing foreclosure and need to sell quickly to settle your debts.
- Handling problem tenants: You’re a landlord tired of managing tenants and want a quick sale of your rental property.
- Selling from out of state: You own a property in Davenport but live elsewhere and want the ease of a fast, remote sale.
If you are a homeowner facing any of these circumstances, requesting a cash offer from a top We Buy Houses for Cash company in Davenport might be a good option to consider. However, it’s prudent to think of this as a starting point in your search for solutions. You won’t know if it’s your best move until you know more about other options available to you, which we’ll help you review in a minute.
Pros and cons of house-buying companies in Davenport
By now, you’ve likely noticed that We Buy Houses for Cash companies in Davenport can stir up a range of thoughts. While the speed and convenience might appeal to you, it can be challenging to consider these benefits against the premium cost of using a cash-offer service.
In this next section, we’ll walk you through some of the pros and cons of using a We Buy Houses company so you can better weigh your options.
Pros to We Buy Houses for Cash in Davenport
One of the biggest advantages of working with We Buy Houses for Cash companies in Davenport is that you can sell your home as-is with no repairs required, and they’ll buy homes in any condition.
If your home was severely damaged in a weather event, or you’ve fallen years behind on routine maintenance, you can still sell without needing to make the extensive repairs that financed buyers may require.
Here are some other pros to consider:
- Fast transaction: You typically can sell your house in as few as seven to 10 days.
- More certainty: With a pre-offer walk-through, a house-buying company can provide a firm cash offer with few contingencies or none at all. We Buy Houses companies have refined their transaction methods to clear away many traditional roadblocks so sellers can plan with more confidence.
- No repairs: If your home is in need of repairs you can’t afford, you can skip them altogether. Or, if you don’t have the desire or time to tackle repairs, a We Buy Houses company can be a fitting solution to sell a home in poor condition.
- Less hassle: You won’t need to worry about showings, open houses, multiple offers, negotiations, low appraisals, or the risk of the buyer’s financing falling through. When you work with a reputable We Buy Houses for Cash company in Davenport, you’re likely going to experience a smooth journey from offer to close.
That all may sound pretty great to you as a seller if you’re looking to move within weeks rather than the months it might take you to list and sell your home on the market with an agent. However, there are downsides to working with cash-for-homes companies. Namely, they typically offer substantially below market value for your home.
Cons to We Buy Houses for Cash in Davenport
When considering an offer from a We Buy Houses site, remember that these are house-buying companies, which means they’re ultimately trying to make a profit. They plan to fix up your home and either resell it or rent it out. That takes considerable time, skill, and investment.
Here are some potential downsides to consider:
- Lower-priced offers: Most companies follow the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value (ARV — the value that your house could sell for on the market once it’s all fixed up — minus repair costs). This means the cash offer you receive may be markedly lower than what you could get for your home on the market.
- Inconsistent market knowledge: There can be a vast difference in a house-buying firm’s knowledge of a market. One may have localized information, such as specific neighborhood data, which enables them to leverage that knowledge into more competitive cash offers. A company without this expertise may give you a lowball offer.
- Untrustworthy company: As with any industry, there’s a risk of falling in with a less trustworthy company. Some cash-offer outfits deliberately make low offers to desperate homeowners and then pressure them into making a fast, unvetted decision. An unprincipled group may even engage in scams, though it’s rare.
- Pressure tactics: We Buy Houses for Cash companies know that homeowners in need of a quick sale are often facing a desperate situation. While many offer real solutions, some companies take advantage of this urgency by applying pressure tactics. If you feel pressured to accept an offer, step away and reassess your options. There are a good number of established We Buy Houses for Cash companies in Davenport to choose from.
Your home is more than a place where you make memories with family; it’s also likely your biggest asset. Sure, you want to sell quickly, but you could be leaving major money on the table if you don’t consider all selling methods.
Always do your research, compare your options, and consult with a trusted advisor before accepting any offer.
Vet cash buyers and know your home’s worth
For many home sellers, We Buy Houses for Cash companies can be a solid solution to sell a property quickly or access cash for an expected life challenge. On the other hand, the “cash for your home” rehabbing business model has also led to what some housing advocates say are predatory tactics.
The level of integrity and customer service you experience can vary, even within an established house-buying company that strives to maintain consistent business standards. This is because many We Buy Houses for Cash companies are franchises and often use independent investors or local wholesaling outfits. Your experience greatly depends on the character of the person or group making the offer.
If you are considering a cash offer, vet the company thoroughly. Check reviews, read testimonials, and research its presence and performance in the market. And, of course, read the buying agreement carefully before signing.
Get a home value estimate
Before committing to a We Buy Houses for Cash company, HomeLight suggests you consult with a top agent to get a better idea of what your home might be worth if sold on the open market. Then compare cash offers to what a top agent might be able to get for your home.
HomeLight can connect you with a top-performing agent in your market. Try HomeLight’s free Home Value Estimator right now to get an initial estimate in less than two minutes.
Curious What Your Home Is Worth?
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Other options to sell your home quickly
Working with iBuyers
Within the cash-for-homes industry, you’ll also encounter a particular group of companies known as instant buyers or iBuyers.
iBuyer companies offer sellers many of the same conveniences of other house-buying operations, but they also leverage automated valuation models (AVMs), which use algorithmic technology to apply historic and current market data to their estimates. AVMs allow iBuyers to make a near-instant offer on your home and provide a user-friendly, mostly online home sale experience.
These companies provide all-cash offers for homes and can close a sale in days to a few weeks. However, unlike typical We Buy Houses for Cash companies, iBuyers generally seek out homes in better condition and usually provide cash offers that are closer to market value, typically in the 90% range.
When considering the iBuyer option, it’s important to note that major iBuyer companies like Opendoor and Offerpad typically charge sizable service fees that can range between 5% and 6%.
Sellers who may be a good fit to work with an iBuyer in Davenport include those who prefer to skip staging and showing their home, live in an area with somewhat similar housing, and have a home in relatively good shape.
Listing with an agent
It might be surprising to see this agent option included in our story about cash-for-homes businesses. Most homeowners seeking information about house-buying companies want to sell a home quickly, not in 121 days. But it’s wise to consider all your options.
If your home is in a seller-friendly housing market, listing your property with a top real estate agent can result in a fast sale, especially if the house is strategically priced and superbly marketed.
Depending on the property and local market conditions, using an agent could pay off. Selling on the market typically yields the highest selling price, even more so if you partner with a proven professional. HomeLight’s internal real estate transaction data shows that the top 5% of agents sell homes for up to 10% more than average agents.
Another significant benefit of consulting with a trusted agent is the insight they can provide through a comparative market analysis (CMA). This is a market report that real estate agents provide to home sellers that acts as a tool to calculate the value of a home. The CMA evaluates a home’s size, features, location, age, and other details in relation to similar properties that have recently sold in the area. A CMA can help you determine an appropriate listing price, which can help estimate how quickly it might sell.
In addition, an experienced agent who knows your market may even be able to connect you with buyers who are willing to provide you with a cash offer that’s closer to your home’s market value.
Many agents will provide a CMA for free, with no obligation to list your home with them. It can be a valuable tool for considering your options. If, in the end, you decide to sell to a house-buying company, you can proceed with more confidence, knowing you fully examined your options and made a sound financial decision.
If you are interested in exploring the agent option, HomeLight can connect you with a top-performing real estate agent in your area today.
FAQs on Davenport house-buying companies
Most We Buy Houses for Cash companies 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 legitimate.
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 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 Davenport ranch-style home could sell for $350,000 after repairs, but it’s going to need $30,000 of work to get there.
($350,000 x .70) – $30,000 = $215,0000
In this example, a Davenport We Buy Houses company might offer you about $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.
Accepting an offer from a We Buy Houses for Cash company has its pros and cons. The upside is that you won’t incur extra costs, as they take care of most of the process after the offer. However, the downside is that you’ll probably receive less money 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 ask the company if there are any hidden program fees that might affect your bottom line.
- Research and vet the house-buying companies that serve your 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. Consider 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 Davenport vs. a top Davenport 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 Davenport | Sell with a top Realtor® in Davenport |
| Selling timeline | 7 to 30 days | 121 days average; 79 to attract an offer, 42 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage 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 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 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 ranch home in Davenport is currently worth about $326,500 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $351,500.
| Sell to a We Buy Houses for Cash company in Davenport | Sell with a top Realtor in Davenport | |
| Estimated sale price | ($351,500 x .70) – $25,000 = $221,050 | $326,500 |
| Market preparations | 0 | $3,265 (1% of the sale price) |
| Agent commissions | 0 | $9,795 (3% of the sale price) |
| Closing costs | 0 | $4,897 (1.5% of the sale price) |
| Estimated take-home for seller | $221,050 | $308,543 |
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. 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
- We Buy Houses for Cash companies in Davenport can help you conveniently sell your home in as few as seven days without repairs, open houses, or showings.
- There are a number of reputable cash-for-homes companies serving Davenport, but it’s important for sellers to vet each potential buyer to ensure that the company aligns with their selling goals and needs.
- Using a We Buy Houses company could mean leaving a significant amount of money on the table compared to an agent-assisted or iBuyer sale.
- HomeLight’s Simple Sale platform provides no-obligation all-cash offers for homes in almost any condition in Davenport. Because the platform has partner investors with different buying parameters across the region, it can be a great starting point if you aren’t sure who would buy your home.
House-buying companies can be a good alternative for Davenport sellers in need of a quick home sale, but it’s important to consider both the benefits and drawbacks. When it comes to selling your home, it’s wise to avoid making any hasty decisions.
Before making a commitment to a cash-for-homes company, gather multiple offers and take the time to weigh your options. Consider consulting with a top agent for expert insights on how soon and for how much, your property might sell on the market. Whatever you decide, HomeLight would be happy to help with your real estate needs.
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