What is MarketPro Homebuyers?
MarketPro Homebuyers is a We Buy Houses for cash company and wholesaler in Maryland, D.C., Virginia, and Pennsylvania. It specializes in home selling solutions for difficult situations, such as life changes, financial trouble, inheritance issues, and homes in significant disrepair.
For homeowners, the benefit of selling to MarketPro Homebuyers is that you can close on your own timeline, and you don’t have to make any repairs to your house. It buys homes in almost any condition, with the exception of dilapidated homes that are beyond repair. It also covers all the closing costs, so you won’t have to pay any selling fees out of pocket.
While this might seem like a good option if you need to sell fast, most home sellers should only sell to a We Buy Houses company as a last resort. Companies like MarketPro Homebuyers typically pay much less than you’d get on the open market. It’s worth exploring your options to see if it’s possible to make more money while still selling your house quickly.
If you’re considering a cash offer from MarketPro Homebuyers, we recommend getting a professional home valuation from an experienced local realtor first. Compare the cash offer to what an agent thinks your house is actually worth, then pick the approach that gets you the best sale price on your timeline.
MarketPro Homebuyers, at a glance
|📍 Locations||18 markets in D.C., MD, PA, and VA|
|⏱️ Time to offer||Within 24 hours|
|📅 Time to close||As few as 7 days|
|📓 Customer reviews||4.3 out of 5 across 414 reviews|
Who is MarketPro Homebuyers best for?
Selling to MarketPro Homebuyers is best for home sellers who need to avoid repairs, get an offer with no contingencies, and close on a short timeline. It may be a good option for you if:
- You’re facing foreclosure
- You need to sell in two weeks or less
- Your home is in distressed condition and you can’t afford repairs
However, most home sellers should not sell to a company that buys houses for cash because you could receive tens of thousands of dollars less than what your home would net in a traditional sale.
Even if you’re on a tight timeline and can’t afford to make repairs, it’s often possible to sell your home quickly and in as-is condition on the open market — and you’ll likely make a lot more money.
Before you accept an offer from MarketPro Homebuyers, you should make sure you’re getting a fair price for your home. Request quotes from other companies that buy houses for cash, and consult with an experienced local realtor to see what your house is worth on the open market.
If you want to keep the most equity in your pocket — while still selling on your timeline — our friends at Clever Real Estate can help you find a top local realtor who specializes in quick sales. Speak to our team today to get personalized agent picks sent straight to your inbox!
MarketPro Homebuyers pros and cons
- No repairs or home prep. MarketPro Homebuyers purchases homes as-is, so you don’t need to budget for repair costs or spend time prepping your home.
- Ease of use. The company includes a free moving service with the sale.
- Quick closing. When you sell to MarketPro Homebuyers, you can close in as little as seven days.
- Lower offer prices. MarketPro Homebuyers probably won’t pay as much as an ordinary home buyer on the open market. If you sell to a cash buyer, you could be leaving thousands of dollars in equity on the table.
- Limited locations. The company is only available to home sellers in Maryland, southern Pennsylvania, northern Virginia, and Washington, D.C.
How does MarketPro Homebuyers work?
MarketPro Homebuyers has three strategies when they purchase homes:
- Buy the property, renovate, and resell
- Buy the property and rent it out
- List the property on MarketPro Deals for an investor to purchase (wholesaling)
Like most other We Buy Houses for Cash companies, MarketPro Homebuyers is a real estate investor. That means they’ll look to purchase homes at a discount, then fix them up and resell them for a profit.
How to sell to MarketPro Homebuyers
Homeowners who want to sell to MarketPro Homebuyers can start the process by submitting an online form or by calling the company directly.
During this initial step, MarketPro Homebuyers collects basic information such as your name, address, phone number, email, and how you found the company. You’ll receive an instant quote for your property — but keep in mind that this quote may change before you receive the final offer.
Once MarketPro Homebuyers has your contact information, a representative will reach out to arrange a time for an inspection of the property. The inspector will look at things like:
- The home’s overall condition
- The layout
- Estimated cost of renovations and repairs
- Potential resale value
At the end of the inspection, the representative will present you with a no-obligation cash offer that also includes a comparison of what you could net if you sold with the help of a real estate agent instead.
Once you accept and sign MarketPro Homebuyers’ offer, you’ve entered into a binding contract and are expected to move forward with the sale.
The company can close in as little as seven days or as long as six months, depending on your timeline.
A third party might buy your home
In some cases, MarketPro may assign your home’s contract to another party, who is the actual buyer of your home. It won’t impact the terms of your sale; the sale price and closing date won’t change. If the investor backs out, MarketPro will step in and close the transaction so that the seller isn’t left in a lurch.
Does MarketPro Homebuyers pay a fair price?
MarketPro Homebuyers pays less than you’d get on the open market, but their offers are fair compared to what other We Buy Houses companies offer.
We spoke to Peter Beeda, a Keller Williams agent who has worked with MarketPro Homebuyers on a few occasions, and he said they are a reputable company that pays a fair price for homes.
MarketPro Homebuyers’ Chief Operating Officer, Robin Bogin, told us the company pays 10% less than what your house is worth on the open market. At first, this sounds like a fair trade-off, considering that you’ll get a quick and no-hassle sale. However, the reality is that the company’s offer will be 10% less than their estimate of your net proceeds. This means they deduct 10% on top of estimated realtor fees, repair costs, and closing costs.
In addition, it’s important not to take MarketPro Homebuyers’ home value estimate at face value. Like most real estate investors, the company is looking to purchase homes at a discount.
The best way to ensure that you’re truly getting a fair offer is to get a comparative market estimate analysis from 1–2 local realtors, and compare that to the cash offer you receive from MarketPro Homebuyers.
MarketPro Homebuyers reviews & complaints
Overall, actual customers give the company 4.3 out of 5.0 across 414 MarketPro Homebuyers reviews:
|Review site||Average Rating||Total Reviews|
|Better Business Bureau reviews||4.62||81|
Positive MarketPro Homebuyers reviews
Customers who were positive about their experience with MarketPro Homebuyers noted that the transaction was easy and the MarketPro Homebuyers team handled all of the details.
This seller felt that their agent was professional, helpful, and communicative throughout the home selling process.
The seller who wrote this MarketPro Homebuyers review also appreciated the communication from their agent. They praised the ease at which they were able to sell their house.
This Google reviewer worked with the MarketPro Homebuyers office in Rockville, Maryland. She was pleased with the company’s communication and support and would use them again.
Negative MarketPro Homebuyers reviews
Many MarketPro Homebuyers complaints focus on aggressive marketing tactics, lowball offers, and unreliable communication.
For example, this seller complains that MarketPro Homebuyers confirmed their appointment several times, then canceled at the last minute.
This home seller almost sold their home to MarketPro Homebuyers when they went into foreclosure, but decided to consult a realtor at the last minute. They ended up keeping $45,000 more in their pocket by listing their house on the open market.
This MarketPro Homebuyers BBB review complains that the company repeatedly targeted him for years, even though he was not looking to sell.
MarketPro Homebuyers alternatives
MarketPro Homebuyers compares well to other We Buy Houses for Cash companies — but the majority of sellers will find better value with an iBuyer or a traditional real estate brokerage.
Consult a realtor who specializes in quick sales
Every home seller should start by requesting a professional home valuation from a local real estate agent — even if you’re considering selling to a company like MarketPro Homebuyers.
A home valuation is completely free and allows you to compare the cash offer to what an experienced realtor thinks you can get for your home.
MarketPro Homebuyers’ promise of a speedy closing is certainly attractive. But a real estate agent who specializes in fast closings may be able to help you sell your home just as quickly — while getting a fair price for your home.
» MORE: How to find a real estate agent
Get an offer from an iBuyer
Like MarketPro Homebuyers, iBuyers make all-cash offers on homes and allow you to close in as little as 14 days. The main difference is that these companies typically make higher offers that are much closer to what your home would be worth on the open market.
However, iBuyers are very selective about the types of properties they purchase, and are only available in certain markets.
Request offers from other We Buy Houses companies
We don’t recommend companies like MarketPro Homebuyers for most home sellers. However, there are times when a real estate investment company may be your best choice. Selling to a cash buyer may be for you if:
- You’re facing foreclosure
- You need to sell in a week or less
- Your property is distressed and you don’t have the time or money to make the necessary repairs
If you’ve already spoken with an experienced local realtor about your timeline and determined that a cash buyer is your best option, we highly recommend getting multiple quotes before accepting an offer from one company.
MarketPro Homebuyers’ top competitors include HomeVestors, WeBuyHouses.com, and Sundae Real Estate. Like MarketPro Homebuyers, these companies will all buy your home quickly without requiring any repairs, but they will likely make a very low offer compared to the after-repair value of your home.
Bottom line: Should you sell your house to MarketPro Homebuyers?
Selling to MarketPro Homebuyers may be worth it if you need to sell your home within a matter of days and you don’t have time to make any repairs. But most homeowners can sell quickly and for a much higher price by listing on the market with an experienced real estate agent.
“If you are moving out of state, need money fast, or just don’t want to deal with the hassle, then MarketPro can save you some of the hassle of a traditional sale process at a cost,” says Alex Capozzolo, co-founder of Brotherly Love Real Estate in Philadelphia. “If you are patient and willing to work for the highest bid… then they are not the best option.”
If you’d like to receive a free, professional home valuation, our partners at Clever Real Estate can connect you to a top local realtor. You can speak with an agent about your timeline and constraints, and they’ll help you determine the best way to sell for your situation.
MarketPro Homebuyers purchases and sells homes in 18 markets across D.C., MD, PA, and VA.
MarketPro Homebuyers company profile
|Column 1||Column 2|
|Phone number||(301) 337-4747|
|Address||15245 Shady Grove Rd Ste 210 |
Rockville, MD 20850-6247
|MarketPro Homebuyers BBB rating||4.62/5.0 (81 reviews)|
FAQs about MarketPro Homebuyers
Is MarketPro Homebuyers legitimate?
MarketPro Homebuyers is a legitimate cash buying company with offices in several states in the U.S. However, you should always read customer reviews for your local office before working with the company.
To make sure that you're getting a fair price for your home, we recommend requesting an offer from at least three different We Buy Houses for Cash to compare. Consult a real estate agent who specializes in selling homes quickly to ensure that you're keeping the most possible equity in your pocket.
Does MarketPro Homebuyers help sellers in foreclosure?
The company does help homeowners who are facing foreclosure. The process does not differ from a typical purchase. MarketPro Homebuyers will work with you to complete the sale quickly. Learn more about MarketPro Homebuyers.
Does MarketPro Homebuyers pay for closing costs?
Yes, MarketPro Homebuyers pays all closing costs. You also won't have to pay for repairs or commissions. Learn more about MarketPro Homebuyers.
Is MarketPro Homebuyers a scam?
MarketPro Homebuyers is not a scam, but the company has come under fire for their controversial advertising methods. In January 2021, a MarketPro Homebuyers lawsuit in Maryland took place due to an alleged practice of calling individuals who were on a Do Not Call List and autodialing individuals without their consent.
There are also extensive negative MarketPro Homebuyers reviews on Google, Yelp, and the Better Business Bureau that complain about the company's intrusive marketing methods.
We performed an in-depth analysis of MarketPro Homebuyers to write this review, including an April 2021 interview with MarketPro Homebuyers’ Chief Operating Officer, Robin Bogin. We also read all of the customer reviews online for the company’s individual office locations, and reviewed numerous press articles about the company.
In addition, we interviewed 25 licensed real estate agents across the U.S. to gather their opinions on MarketPro Homebuyers and other companies that buy houses for cash, including:
- Peter Beeda, a real estate agent with Keller Williams and branch manager of FHA Lend
- Alex Capozzolo, co-founder of Brotherly Love Real Estate in Philadelphia
Our ranking and editorial positions were created from hundreds of hours of research by the cash buyer review team at Real Estate Witch, and include considerations like offer speed, closing time, customer reviews, and availability.
We regularly review and update this article to bring you the most up-to-date information on MarketPro Homebuyers’ pricing, business model, customer service, and reviews.
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