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Contents: Should you use Clever Offers? | Offer types | How much can I get for my house? | Customer reviews | Pros and cons | How it works | FAQs
Powered by Clever Real Estate, Clever Offers is a free service that helps you find and compare multiple cash offers from reputable investors in its nationwide network. You can also explore alternative selling routes that might result in a higher payout than a typical cash offer.
The 5-star rated company is known for connecting homeowners to trustworthy advice and solutions in a helpful, pressure-free setting. Request cash offers from Clever Offers.
Clever Offers at a glance
Feature | Value |
---|---|
⭐ Customer rating | 5/5 (3,000+ reviews) |
💲 Offer range | Average to well-above-average |
🤝 How it works | After a brief conversation, Clever’s team introduces you to reliable investors who can offer a solution for your property. In addition to cash offers, you can explore creative financing options to help you maximize profit or preserve your credit if you’ve fallen behind on your mortgage. You can also request a pricing opinion from a local realtor. |
💵 Fees & other costs | None |
🚦 Purchase criteria | Residential properties in any condition, including single-family, townhomes, condos, and mobile homes on seller-owned property |
🌎 Availability | Nationwide |
Should you use Clever Offers?
Clever Offers provides solutions for all types of home sellers. However, it’s a particularly good fit in the following situations:
- Need to sell fast. Clever can connect you to local and national cash buyers who can close on a sale in as little as 1–2 weeks. Normally, it can take 2–3 months to sell on the open market.
- Want to avoid making repairs. Clever investors don’t shy away from buying homes that need work — including major repairs, such as roof replacement and replumbing. You can sell your home completely as is — the buyers will simply factor repair costs into their offer.
- Inherited an unwanted property. Clever can quickly help you turn an inherited property you don’t want or can’t afford the upkeep on into cash.
- Behind on the mortgage. If you’ve fallen behind on loan payments or the home is worth less than your mortgage, Clever’s connections can speed up the sale process and help you avoid foreclosure.
- Rental property with difficult tenants. Clever’s partners can help you sell the property fast — even if the tenants are destroying your property, not paying rent, or refusing to leave.
Rather than having to solicit cash offers on your own and trust that an investor has the funds and integrity to close, Clever does the leg work for you — connecting you to leading cash buyers within their network.
If you’re not happy with your initial offers, you can negotiate for a higher price or simply request more.
You can also explore listing on the open market through one of Clever’s partner agents, which gets you a 1.5% listing fee — about half of what most realtors charge.
What kinds of offers can I expect?
One of the main perks of working with Clever Offers as opposed to selling straight to an investor or ‘we buy houses’ company is that it exposes you to a greater variety of offer types through its investing partners.
In addition to traditional cash offers, Clever Offers can help you explore alternative creative financing options, like novation agreements
and seller financing , which could get you a higher price for your home than a traditional cash offer.“On the initial call with the home seller, we go over each offer type and the benefits of each,” explains Bennett.
If desired, you can also request a second opinion from a realtor (or several) within Clever’s agent network — with no pressure to commit to a listing. This allows you to compare offers against your home’s potential sale price and a realistic selling timeline should you decide to list it instead.
Offer Type | Description | Average closing window | Potential market value |
---|---|---|---|
Cash Offer | A buyer will make a straightforward cash offer on your house. Best for sellers who want a quick closing. | 7-21 days | 60–75% |
Novation agreement | A buyer will make repairs, sell your house, then pay you an agreed-upon amount when it closes. Best for sellers who want a higher price without the hassle of a traditional listing. | 40–60 days | 80–90% |
Seller financing | A buyer will make a down payment and pay off the remaining home sale amount, plus interest, over time. Best for sellers who want a steady passive income without the hassles of being a landlord. | 30–60 days, with additional monthly payments made over 2–10 years | 110–120% |
Subject-to | An investor buys out the seller’s equity upfront and takes over the remaining mortgage payments. Best for sellers with minimal equity in their homes who are behind on their monthly payments. | 30–60 days, with additional monthly payments made over 2–5 years | 90–95% |
Discounted agent listing | A top local realtor lists your house on the MLS for a discounted commission rate. Best for sellers who want the highest price for their home while saving on realtor fees. | 30–90 days | 100% |
How much will Clever Offers investors pay for my house?
How much an investor will pay for your home will depend on a variety of factors, such as:
- Your property’s condition and location
- Current market conditions in your area
- The kind of opportunity the property presents for investors — all of whom employ slightly different investment strategies
- The type of deal that’s offered
While house flippers often cap their offers at 70–75% of a home’s after repair value (its estimated value after improvements), buy and hold investors (those who purchase properties as long-term rentals) may offer as as much as 85% of a home’s potential market value.
Investors who employ alternative investment strategies like novation agreements
or seller financing can purchase homes for as much as 90–100% of a home’s market value, since their upfront costs are significantly lower.Fees and other costs
Clever Offers is free for home sellers, and many investors in their network will also cover closing costs such as transfer taxes and escrow fees.
If you decide to put your home on the market with a realtor instead, you’ll get a discounted listing fee of 1.5%, about half of the cost of using a traditional agent.
Clever Offers reviews: What customers have to say
Site | Rating |
---|---|
Better Business Bureau | 5/5 (91 reviews) |
4.8/5 (308reviews) | |
Trustpilot | 5/5 (2,817 reviews) |
Weighted avg. | 5/5 (3,216 reviews) |
Clever Real Estate has earned an average 5-star rating across thousands of customer reviews on sites like Google, Trustpilot, and the Better Business Bureau.
However, while the company’s agent matching service has been in business since 2017, its cash offer network has only been in operation since 2023. Therefore, few reviews specifically mention its cash offer service.
However, the company maintains a high degree of transparency when it comes to setting expectations and ensuring its services are a good fit for interested buyers and sellers.
Plus, when you request cash offers from their network, you’re under no pressure to accept. So it doesn’t hurt to test the waters and see what kinds of solutions they can offer for your home.
Clever Offers: Pros and cons
Pros
Legitimate buyers
All of Clever’s buyer partners meet strict vetting standards. Clever’s selection criteria includes:
- Experience: Clever’s cash buyer partners must have at least 5 years of real estate investing experience and have closed at least 10 deals.
- Capital: Partners must provide Clever with proof of funds (such as bank statements) to show they have the money to close a transaction without delay.
- Performance: Clever examines recent closing statements to confirm that cash buyers have a consistent track record of following through on offers.
This vetting process protects sellers from scammers and predatory buyers.
More competition
Clever solicits offers from multiple cash buyers. This competition gives sellers more negotiating power and encourages each buyer to offer their best price to secure the deal.
Because each investor employs a slightly different investment strategy, Clever also opens the door to a variety of offer types — all of which you can explore with no pressure to commit.
“Even if the home’s got major foundational issues or needs to be torn down and rebuilt, we can make a deal out of that. Practically every situation can be handled through a cash sale or creative financing of some kind,” says Bennett.
Fewer headaches
The Clever Offers team handles outreach to cash buyers, so you don’t have to go through the trouble of making calls or filling out various website forms and waiting for a response.
Clever also handles the delicate task of declining an offer or breaking up with a buyer if you decide not to work with them. That way, you can focus on getting more offers rather than handling awkward rejections.
Full support
The Clever Offers team consists of fully licensed agents and experienced real estate investors. When you have questions about an offer, they can explain the details and walk you through the implications (though you’re also encouraged to seek professional counsel).
“We do always tell people to make sure that you have a real estate attorney or a CPA or somebody that can review the contract and make sure that the terms are favorable for the seller,” says Bennett.
“But at the same time, we also offer support to the seller. So if they have questions, if they don’t know what’s going on as far as the verbiage, they need some kind of clarity, we are here to help them out,” says Bennett.
Clever’s team also sticks with you through the closing process to ensure the buyer follows through on their side of the contract.
Cons
Potential for low offers
Many cash buyers, including some of Clever’s partners, use the 70% rule
to evaluate properties, which might get you seemingly low offers. For example, a seller may bid $350,000 on a house that’s worth $500,000 after it’s fixed up.Investors want to be sure they can recoup their investment and make a profit after accounting for repairs, closing costs, and holding costs (like the loan repayments, taxes, and utilities paid while rehabbing a property).
Therefore, an investor may only bid $350,000 on a house that’s potentially worth $500,000 after it’s fixed up. Some investors may offer more, depending on their investment strategy and the property itself.
“The actual offer we make is influenced by a variety of factors, including the current market conditions, the state of the property itself, and the potential profit margin,” advises Brett Johnson, investor and owner of Cash For House Pro in Denver, CO.
Additionally, Clever has taken measures to reduce the odds receiving low offers:
- The company solicits bids from multiple cash buyers, encouraging competition for your property and higher offers.
- Clever’s partners may offer alternative options, such as novation agreements and seller financing. This may put more money in your pocket compared to a traditional cash offer.
- You can request a second opinion from an experienced agent, so you know how much your home is worth before entering into negotiations.
Limited service availability in rural areas
Clever Offers is available nationwide, but its network of buyers may be limited in some rural areas, which could mean fewer and lower offers.
Few investors are actively looking to buy property in more remote places because there aren’t many potential buyers and renters.
How does Clever Offers work?
1. To request cash offers for your home, you can call the Clever Offers team directly or fill out a short online form and have someone from their team reach out.
2. They’ll collect some basic information about your home, such as the type of property it is, its condition, size, and location. They’ll also ask you for any relevant details about your selling situation, like if there are tenants living in the property or if you’re on a particularly tight selling timeline.
3. After learning about your situation, Clever’s team will reach out to multiple investors to solicit cash offers on your behalf.
4. You’ll get an intro text to each buyer who decides to make an offer, and you can decide if and when you want to connect.
5. If desired, you can also see how much (and how quickly) a realtor or two thinks your home could sell for on the open market.
6. If you decide to accept a cash offer, Clever will stay with you through the process to ensure the buyer follows through on their end of the deal. For offers you reject, Clever will take care of letting the buyers know.
7. If you decide that a traditional listing is the route for you, you can take advantage of discounted commission rates offered exclusively through Clever’s agent network.
What kinds of homes are eligible for Clever Offers?
Almost any property is eligible for Clever Offers, regardless of condition. Exceptions include undeveloped land, commercial properties, and mobile homes on rented lots.
Where is Clever Offers available?
Clever Offers is available to home sellers nationwide.
FAQ
How does Clever Offers cost make money?
Clever Offers makes money by charging investors a small referral fee at the close of each successful home sale. This incentivizes the company to achieve a high success rate when it comes to matching sellers with buyers who can provide a workable solution for their situation.
If you decide to list your home on the open market with a realtor instead of selling to a cash buyer, you'll pay a 1.5% listing fee, about half of the cost of using a traditional agent.
How many buyers does Clever Offers connect you with?
Clever Offers connects sellers with 2–3 cash buyers to start, but can connect you to up to 10 buyers if you decide you would like to see more offers. Each cash buyer in Clever’s network is screened through a strict selection process.
What happens if you work with Clever Offers and don't want to accept a cash buyer’s offer?
There's no obligation to accept an offer. You can counter or decline any offer, if desired. Clever's team handles the offer rejection or the break-up process if you choose not to work with a cash buyer.
Will I get spam calls and emails with Clever Offers?
No. Clever’s sellers only receive an introduction text to their cash buyers with the buyer's name, email address, phone number, and company name. The buyer may reach out via the group text as an introduction and ask for a good time to connect. You determine when and if you want to talk to them.
How is Clever Offers different from other cash buyer websites?
Clever Offers helps you get multiple offers rather than a single offer. That way you can compare the offers and pick the best one for you. And it protects your private information so you won’t get spammed.
Recommended reading
Best Companies That Buy Houses for Cash. See how Clever Offers stacks up against other cash home buyers, like We Buy Houses and MarketPro Homebuyers.
Are ‘We Buy Houses’ Companies a Rip-Off? You may feel a bit ripped off if you’re selling your home for way less than fair market value. Learn more about “we buy houses’ companies and how they operate.
Selling a Home As Is. Should you sell your home in its current condition, without making any repairs or updates before selling? Find out about the pros and cons.
How to Sell an Inherited Home. There are various ways to sell your inherited property, from selling to a cash buyer to listing with an agent to going the for-sale by owner (FSBO) route.
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