5 of the Top We Buy Houses for Cash Companies in Daytona Beach
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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.
Do you own a home in Daytona Beach, Florida, but can’t afford the repairs it would take to sell it the traditional way? “We Buy Houses” companies can provide an easy exit for homeowners who lack the money, time, or expertise to prepare their properties for sale. These companies pay cash for houses in as-is condition, meaning you don’t have to lift a finger to fix it up or deep-clean.
“We Buy Houses” companies in Daytona can also be a practical solution for homeowners on a short selling timeline or those facing urgent circumstances, like looming foreclosure or a move to an assisted living facility. While these companies offer speed and convenience, know that you might receive a lower price compared to what a real estate agent could negotiate on the open market.
In this article, we’ll discuss the pros and cons of selling your Daytona Beach house to a “We Buy Houses” company. We’ll also highlight some of the most reputable companies in Central Florida, and share alternative methods for selling your house quickly. By the end, you’ll have all the information you need to make the best decision for your unique situation.
Sell Your House Fast in Daytona Beach With a Cash Offer
Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers throughout Daytona Beach.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Daytona Beach area “We Buy Houses” companies should not be considered an endorsement.
Working with We Buy Houses companies in Daytona Beach
If you’re a Daytona Beach homeowner considering a quick sale, understanding the process with a house-buying company can simplify your decision. Here’s a rundown of the basic steps involved in selling your house for cash.
- Find a buyer: Research local cash-for-homes companies and choose one that seems reputable. Many have online forms where you can submit your property details quickly.
- Schedule a walkthrough: A representative of the company will likely request to tour your home in person to assess its condition and potential market value.
- Get an offer: After visiting your home, the company will likely extend a cash offer. Typically, these offers are non-negotiable.
- Accept the offer: If the offer aligns with your expectations, you can accept it to move forward.
- Close the sale: If everything checks out, you’ll close the sale in a few days to a couple of weeks. The company handles most of the paperwork, and you’ll receive your cash via check or wire transfer.
Popular We Buy Houses companies in Daytona Beach
Sold on the idea of selling to a “We Buy Houses” company in Daytona Beach? Now comes a crucial step: finding a reputable house-buying company you can trust.
We’ve compiled a list of some of the top companies that will pay cash for your or your parents’ beachfront condominium or Mediterranean-style house. By selling to one of these companies, you should be able to sell your Daytona Beach home in as little as a week or two.
House Heroes, LLC
House Heroes, LLC was founded in 2013 and buys properties for cash throughout the state of Florida. In addition to single-family homes, they buy vacant land, condos, and apartments — in any condition, situation, or price range. After submitting information about your property online or over the phone, you can get a no-obligation cash offer in as little as 24 hours. They offer lightning-fast closings, often in seven days or less, although the date is up to the seller. There are no fees, commissions, or closing costs; the service is entirely free for the seller.
Locations: Statewide, including Daytona Beach
Closing costs: Sellers pay no closing costs; House Heroes covers them.
House Heroes has been accredited by the Better Business Bureau (BBB) since April 2017 and holds an A+ rating. The company also enjoys a 4.9-star rating on Google. Previous sellers praise the employees for their willingness to answer questions, work through challenges, and ensure a successful outcome for their customers. “An immediate response to our online inquiry quickly led to mutually agreeable terms,” reads a recent review. “The entire process was clear, easy, and fast — exactly what we were looking for.”
Website: househeroes.com
Phone number: 954-676-1846
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Daytona Beach (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 locations throughout Daytona Beach.
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 Daytona Beach
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
Sell That Florida House
Based in Winter Park, Sell That Florida House pays cash for single-family homes, condos, duplexes, mobile homes, and other types of real estate. It has been in business since 2006 and buys properties in Orlando and surrounding cities, including Daytona Beach. Submit some basic information about your property on their website to get a free, no-obligation cash offer within 24 hours. Sellers can pick a closing date that fits their schedule and will receive payment within 24 hours via check or wire transfer.
Locations: Statewide, including Daytona Beach
Closing costs: Sellers pay no closing costs; Sell That Florida House covers them.
Sell That Florida House has been BBB-accredited since 2013 under the name KGR Capital Group, LLC, and holds an A+ rating. They also maintain a 4.7-star rating on Google. Customers commend the employees’ professionalism, knowledge of the real estate market, and attentiveness. “Nick and Stephanie were transparent, fun, and knew how to get things done! (Read: FAST!),” wrote a former seller. “They further sealed the deal with a more than fair offer, an incredibly painless process, and a seamless closing. Nothing hidden, no glitches, just a check in hand.”
Website: sellthatfloridahouse.com
Phone number: 407-228-3682
Cash Home Buyer Florida
Cash Home Buyer Florida is a family-owned real estate solutions company that serves the entire state. It has been in business for 12 years and buys houses in as-is condition. After you send Cash Home Buyer Florida information about your home, you can get a no-obligation cash offer within 24 hours. If you accept, the closing can happen in as little as seven days at a local title company (or longer if you need more time to move).
Locations: Statewide, including Daytona Beach
Closing costs: Sellers pay no closing costs; Cash Home Buyer Florida covers them.
Cash Home Buyer Florida has been BBB-accredited since 2022 and touts an A+ rating. The company has also earned 4.8 stars on Google. Reviews mention the employees’ willingness to go above and beyond, excellent follow-up, and efficient service. “John was great to work with!” wrote a former seller. “He was able to get us a cash offer on our house in a week’s time. He basically held our hand through the whole process and made it a completely painless experience.”
Website: cashhomebuyerflorida.com
Phone number: 386-383-2085
I Buy FL
I Buy FL is run by a husband-and-wife team that has flipped over 100 homes since 2015. The company is based in Orlando, but they buy houses throughout the state, regardless of condition or location. Sellers can get a no-obligation cash offer in 24 hours or less. Closing can occur in as few as seven days or according to the seller’s timeline. There are no hidden fees and I Buy FL pays for 100% of the seller’s closing costs.
Locations: Statewide, including Daytona Beach
Closing costs: Sellers pay no closing costs; I Buy FL covers them.
I Buy FL has been BBB-accredited since 2020 and boasts an A+ rating. They also have a 4.8-star rating on Google. Customers praise their good-faith negotiations, friendly demeanor, and fair offers. “I Buy FL gave us the best price and best personal service we could ever have expected,” wrote one seller. “Savanna and her boss went above and beyond for my family!”
Website: ibuyfl.com
Phone number: 407-630-7777
Why sell your Daytona Beach house for cash?
Selling your Daytona Beach home for cash can be a smart move in certain situations. If you need a fast and easy home sale, without the hassle of a traditional listing, then a cash buyer might be the perfect option for you.
In Daytona Beach, it typically takes around 111 days to sell a home on the open market using an agent. That includes an average of 69 days on the market 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 Daytona Beach, 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.
Many Daytona Beach homeowners are ditching traditional listings and opting for cash buyers instead. Ahead, we’ll outline a few situations where selling your home for cash might make the most sense:
- Job relocation: Quickly relocating for work? Selling for cash simplifies your move without the lengthy market listings.
- Divorce: Navigate through a divorce with one less worry by opting for a fast, efficient house sale.
- Inherited property: If managing an inherited home has proven too time-consuming, selling for cash offers a quick resolution.
- Downsizing: Ready to move to a smaller home or a retirement community? Cash sales speed up the transition.
- Major repairs needed: Sell as-is to avoid the cost and hassle of repairs. This route is ideal if your home needs significant work, like a roof replacement.
- Avoiding open houses: Prefer not to have multiple strangers walking through your home? A cash sale eliminates the need for open houses.
- Foreclosure looming: Selling for cash can be a strategic move to avoid foreclosure repercussions.
- Problematic tenants: Cash sales can resolve situations with difficult tenants, offering a clean break from rental properties.
- Selling from another state: Manage the sale of your Daytona Beach property from afar without travel or stress.
Pros and cons of house-buying companies in Daytona Beach
If you’re looking for a fast and easy way to sell your home, a “We Buy Houses” company in Daytona Beach might be the answer! They’ll buy your house as-is, saving you time on repairs and cleaning. But remember, the catch is their offer might be lower than what you could fetch on the open market. So, if getting the most money is your top priority, this might not be the best fit.
Ahead, we’ll outline the pros and cons of working with a cash-for-homes company:
Pros
- Fast closing: These companies typically close on a property within days or weeks, significantly faster than the traditional market.
- No need for repairs: Sell your home as-is, without investing in costly repairs or cosmetic upgrades, which is ideal for those unable to afford or manage these tasks.
- Simple process: The selling process is straightforward, with minimal paperwork and no need for open houses or staging.
- Cash offers: Receive an all-cash offer, giving you quick access to your funds, which is particularly beneficial in urgent financial situations.
Cons
- Lower offers: Offers from these companies are typically below the potential market value you might achieve with traditional sales, reflecting the trade-off for speed and convenience.
- Limited negotiation: The offered price is usually non-negotiable, leaving you with little room to maneuver if you’re not satisfied with the initial offer.
- Potential for scams: It’s crucial to verify the credibility of the company, as the industry can attract scams.
- Loss of competitive bids: Selling on the open market might yield higher offers due to bidding wars, which you’ll miss out on with a cash offer.
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
When considering selling your Daytona Beach home to a cash buyer, remember that the quality of service and integrity of house-buying companies can vary significantly. The experience largely depends on the reputation and professionalism of the company or individual making the offer. Before you commit to a cash offer, it’s essential to thoroughly vet the buyer.
To ensure you’re dealing with a reputable company, check online reviews, read testimonials from previous sellers, and research the company’s track record in the Daytona Beach market. Additionally, carefully review the buying agreement before signing it to understand all the terms.
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 Daytona Beach. 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 Daytona Beach home quickly
iBuyers
iBuyers, or instant buyers, utilize automated valuation models (AVMs) to offer a fast, efficient selling process largely conducted online. Since their emergence in the mid-2010s, iBuyers such as Opendoor and Offerpad have been providing near-market value cash offers for homes in good condition, in areas with uniform housing stock. The iBuyer process, from initial offer to closing, can take as little as a few days to a couple of weeks, although they typically charge service fees of 5%–6%.
Listing with an agent
Although slower than selling to a house-buying company, partnering with a real estate agent might yield a higher selling price, especially in a seller-friendly market. Agents provide valuable insights through a comparative market analysis (CMA), which is often free and helps set competitive listing prices. A well-priced and marketed home can sell quickly, and experienced agents might also connect you with cash buyers willing to pay closer to market value. If you’re interested in this option, HomeLight can connect you with top-performing agents in Daytona Beach.
FAQs on Daytona Beach house-buying companies
By and large, most “We Buy Houses” companies in Daytona Beach 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 Daytona Beach “We Buy Houses” 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 Daytona Beach Mediterranean-style home could sell for $290,000 after repairs, but it will need $30,000 of work to get there.
($290,000 x .70) – $30,000 = $173,000
In this example, a Daytona Beach “We Buy Houses” company might offer you around $173,000 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 “We Buy Houses” company in Daytona Beach, 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” 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.
- Research and vet the house-buying companies that serve Daytona Beach. 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 Daytona Beach vs. top Daytona Beach agent
Another helpful exercise is to compare how a “We Buy Houses” 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 company in Daytona Beach | Sell with a top Realtor in Daytona Beach |
| Selling timeline | 7 to 30 days | 111 days average; 69 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 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 | 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” company and an agent-assisted sale.
Let’s say your home in Daytona Beach is worth about $300,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $325,000.
| Sell to a We Buy Houses company in Daytona Beach | Sell with a top Realtor in Daytona Beach | |
| Estimated sale price | ($325,000 x .70) – $25,000 = $202,500 | $300,000 |
| Market preparations | 0 | $3,000 (1% of sale price) |
| Agent commissions | 0 | $17,400 (5.8% of sale price) |
| Closing costs | 0 | $4,500 (1.5%) |
| Estimated take-home for seller | $202,500 | $275,100 |
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 to a “We Buy Houses” company in Daytona Beach offers a quick closing and a simple process without the need for repairs or staging.
- Be prepared to receive offers below the potential market value as these companies factor in the cost of repairs and reselling. Knowing your home’s worth can prevent you from accepting a lowball offer.
- It’s crucial to research the credibility of house-buying companies to avoid potential scams and ensure you’re working with a reputable cash buyer.
- Consider other selling options, such as iBuyers or real estate agents, which can sometimes offer a better return on your property.
- HomeLight’s Simple Sale platform extends no-obligation, all-cash offers for homes in nearly any condition in Daytona Beach. With a wide range of pre-vetted investors, it can be an ideal starting point for sellers who are unsure who would buy their homes.
Sellers considering a “We Buy Houses” company in Daytona Beach are encouraged to gather multiple offers and carefully weigh their options. Consulting with a top Daytona Beach agent can provide expert insights on how soon and for how much your property might sell on the open market. If you’re looking for guidance or need help connecting with a real estate agent or cash buyer, HomeLight is here to assist with all your real estate needs.
Header Image Source: (sepavone/DepositPhotos)
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