We Buy Houses Ozark: Top 4 Companies
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- 15 min read
- 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.
Selling a house in Ozark can feel overwhelming if you’re short on time or resources. Whether you’re facing an urgent situation or don’t have the money to make repairs, We Buy Houses companies in Ozark may offer a practical solution. These companies specialize in making all-cash offers for homes, often in as-is condition.
A cash sale can be appealing if you’re dealing with an unexpected life event or simply want to avoid the costs and time of listing your property. By eliminating repairs, staging, and showings, these companies provide a fast and straightforward way to sell your home.
In this guide, we’ll explore the pros and cons of working with house-buying companies in Ozark and compare them to other options so you can make an informed decision.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Ozark area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Ozark
Selling your home to a house-buying company in Ozark is a quick and straightforward process that’s designed to work for homeowners facing time-sensitive or challenging situations. Here’s what you can expect when working with a cash-for-homes company:
- Start with an inquiry: Reach out to the company via their website or by phone and provide basic information about your property.
- Set up a home visit: Arrange for the company to view your home or submit photos so they can assess its condition.
- Receive an offer: Within a short timeframe, the company will present you with a no-obligation cash offer for your home.
- Evaluate your options: Take time to consider the offer and decide if selling to the company is right for you.
- Sign the contract: Agree to the terms by signing a straightforward purchase agreement to move forward.
- Finalize the sale: Close the deal at a trusted title company and receive your payment, often in a week or two.
Popular We Buy Houses for Cash companies in Ozark
If the process of selling to a house-buying company in Ozark 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 and Craftsman. By selling to one of these companies, you should be able to sell your Ozark home in as little as a week or two.
KC Property Connection
KC Property Connection is a family-owned home-buying company that began operations in 2009. The firm’s website emphasizes its goal of making the “process of selling your home completely stress-free and hassle-free” while striving for professionalism and transparency in its transactions.
Locations: KC Property Connection provides house-buying services throughout most of Missouri and Kansas.
Closing costs: Sellers pay no closing costs; KC Property Connection covers them.
KC Property Connection has been accredited by the BBB since 2020, maintaining an A+ rating and 4.8 stars on Google.
Website: kcpropertyconnection.com/mo/ozark
Phone number: 816-600-4417
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Ozark (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 Ozark.
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 Ozark
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
We Buy Houses, Ozark
WeBuyHouses.com was founded in 1997 and buys houses in 200 markets and 30 states in any condition. According to their website, they have been trusted by 1 million homeowners and can present a cash offer even if the homeowner is behind on their mortgage or facing foreclosure.
Locations: Nationwide, including Ozark
Closing costs: Sellers pay no closing costs; WeBuyHouses.com covers them
WeBuyHouses.com has been BBB accredited since August 2020 and has an A+ rating.
Website: webuyhouses.com/MO/Ozark
Phone number: 877-932-8946
Evervest Home Buyers
Evervest Home Buyers, based in Springfield, Missouri, has been serving the area since 1996. Owned by Scott Dolson and David M. Long, the company specializes in cash home buying and has purchased over 700 homes from local residents.
Locations: serves Springfield, Missouri, including nearby areas including Ozark
Closing costs: Contact Evervest Home Buyers to learn more about closing costs.
Evervest Home Buyers, BBB accredited since 2018 with an A+ rating, is known for its professionalism. The company holds a 5.0-star rating on Google, based on over 14 reviews.
Website: evervesthomebuyers.com/cash-home-buyer/ozark-mo
Phone number: 417-815-3889
Why sell your Ozark house for cash?
There are plenty of valid reasons an Ozark home seller may choose to work with a Cash-For-Homes company. Speed, certainty, and remarkable convenience are among the primary reasons.
In Ozark, it typically takes around 123 days to sell a home on the market using an agent. That includes an average of 79 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 Ozark, 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 situations where selling to a house-buying company could make sense:
- Job relocation: If your new job requires a quick move, a cash sale can help you avoid delays.
- Divorce: Selling the house quickly during a divorce can simplify dividing assets.
- Inherited property: If you’ve inherited a house and don’t want to handle repairs or management, selling for cash can be a simple solution.
- Downsizing: Moving to a smaller home or retirement community can be easier with a quick sale.
- Costly repairs: A house with significant repair needs can be sold as-is for cash.
- Avoiding open houses: If you’d rather skip the stress of staging and hosting, a direct cash sale is an easy alternative.
- Foundation issues: Selling a house with foundation problems can be much simpler to a cash buyer.
- Facing foreclosure: A fast sale can help you avoid the long-term effects of foreclosure.
- Problematic tenants: Selling your property with tenants in place can save you time and effort.
- Selling from out of state: If you’re selling remotely, a cash buyer can streamline the process.
Pros and cons of house-buying companies in Ozark
When selling to a house-buying company in Ozark, it’s important to weigh the advantages and disadvantages. These companies can provide a fast and hassle-free solution but may not be the right fit for every homeowner. Let’s explore the pros and cons.
Pros of house-buying companies in Ozark
House-buying companies offer significant advantages, especially for homeowners needing a quick sale. They buy homes as-is without requiring repairs or staging and close deals in days. Here’s a summary of the key benefits:
- Speed of the sale: These companies can close in as little as 7-14 days, allowing you to move on quickly.
- Sell as-is: You can sell your house in its current condition, avoiding the cost and stress of making repairs or improvements.
- No staging or showings: There’s no need to prepare your home for open houses or showings.
- Fewer contingencies: Cash sales eliminate contingencies like inspections or buyer financing, simplifying the process.
Cons of house-buying companies in Ozark
The biggest drawback of working with a house-buying company is that you’ll likely receive a below market value offer for your home. Here are other key disadvantages to keep in mind:
- Lower offers: Expect to sell for less than your home’s potential market value compared to selling with a real estate agent.
- Limited negotiation: Offers are typically “take it or leave it,” leaving you with little room to negotiate.
- Potential for scams: Be cautious of home-buying scams from less reputable companies.
- Not always the best fit: If your home is in good condition, you might earn more by selling on the open market.
Vet cash buyers and know your home’s worth
The level of integrity and service you experience from a We Buy Houses for Cash company can vary, even within an established house-buying group that strives to maintain high standards. This is because many Cash-For-Homes companies are franchises and often use independent investors or wholesaling outfits. Your experience depends on the character of the person or group making the offer.
Before committing to 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.
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 Ozark home quickly
When selling your home fast, it’s worth exploring all your options. iBuyers and real estate agents each offer unique advantages that could align with your goals.
iBuyers
iBuyers, or instant buyers, use automated valuation models to provide near-instant all-cash offers for homes in good condition. Companies like Opendoor and Offerpad offer faster closings (within days or weeks) and pay closer to market value than house-buying companies, but they often charge fees of 5%-6%. Learn more about the iBuyer process.
Listing with an agent
A top real estate agent can help you sell quickly while maximizing your home’s market value. Through a comparative market analysis (CMA), agents assess your home’s value and recommend strategic pricing. CMAs are often free and ensure you’re well-informed. Agents may even connect you with cash buyers for a faster sale.
If you’re considering the agent route, HomeLight can connect you with top-performing agents in your area to explore your options.
FAQs on Ozark house-buying companies
By and large, most We Buy Houses for Cash companies in Ozark 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 Ozark 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 Ozark 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 Ozark 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 an Ozark 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.
- Research and vet the house-buying companies that serve your Ozark 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. 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 for Cash in Ozark vs. top Ozark 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 Ozark | Sell with a top Realtor in Ozark |
Selling timeline | 7 to 30 days | 123 days average; 79 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 Ozark is worth about $330,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $355,000.
Sell to a We Buy Houses for Cash company in Ozark | Sell with a top Realtor in Ozark | |
Estimated sale price | ($355,000 x .70) – $25,000 = $223,500 | $330,000 |
Market preparations | 0 | $3,300 (1% of sale price) |
Agent commissions | 0 | $9,900 (3% of sale price) |
Closing costs | 0 | $4,950 (1.5%) |
Estimated take-home for seller | $223,500 | $311,850 |
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-for-homes companies offer speed: These companies can close deals quickly, often within 7-14 days, making them ideal for urgent situations.
- They buy as-is: You can sell your home in its current condition, without the need for repairs, staging, or showings.
- Expect a lower offer: Cash-for-homes companies typically pay below market value compared to selling on the open market.
- Beware of scams: Always research the reputation of any company you’re considering to avoid potential scams.
- You have other options: iBuyers, real estate agents, or even listing the property yourself might better suit your situation.
- 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 Ozark agent.
Header Image Source: (Ian MacDonald/Unsplash)