Published
-
Written by
-
Edited by Andrew Whytock
Written by Brendan Rigney
Edited by Andrew Whytock
Top We Buy Houses companies in St. Louis | Should I sell to a We Buy Houses company? | How much do they pay? | Alternatives | FAQs
Note: When you work with one of our partners, we may earn a small referral fee. Learn more about our editorial policy and how we make money.
St. Louis We Buy Houses companies make cash offers directly to homeowners. They’re a great option if you need to sell your home fast and as-is (i.e., without making repairs or prepping your home for sale).
However, making a quick and easy sale means you’re selling at a discount. We Buy Houses companies usually make offers well below a home’s fair market value, meaning you’d most likely sell for less than if you sold on the open market.
Before you sign a contract with a We Buy Houses in St. Louis company, we strongly recommend getting multiple offers. This lets you compare your options, so you can be confident you’re getting a fair price for your house.
If you’re looking to sell your house fast for cash in St. Louis, Clever Offers is a great place to start. Clever Offers matches sellers like you with top local realtors, who will bring you fair offers from top cash home buyers in your area. You’ll also get a free professional home valuation, so you can compare your cash offers to what your house is worth on the open market. Get cash offers from top St. Louis buyers now!
Quick view: Top 5 St. Louis We Buy Houses for Cash companies
| 💰 Cash buyer | 💸 Time to offer | 🗓 Time to close |
| 1. Express Homebuyers Missouri | 7 minutes | 7 days |
| 2. HouseCashin | 24 hours | 3-30 days |
| 3. We Buy Ugly Houses Missouri | After home evaluation | 21 days |
| 4. Property Nation | 24 hours | 7 days |
| 5. We Buy Houses MO | 24-48 hours | 7-14 days |
Who should sell to a St. Louis We Buy Houses company?
We Buy Houses for Cash companies are best for people who need to sell their house immediately, even if it means leaving a lot of money on the table.
Selling to an investment company that buys houses for cash may be a good option for you if:
- You’re facing imminent foreclosure
- You need to sell incredibly quickly (in a week or less)
- Your home is in poor shape and you don’t have time or money for repairs
Before you go with a We Buy Houses for Cash in St. Louis company, take a moment to evaluate your situation. If you’re on an extremely tight timeline and can’t afford to make repairs, selling to a We Buy Houses company may be your best (or only) option.
But it’s often possible to sell your home quickly — and for a lot more money — on the open market. Even if you can’t pay for repairs, you may be able to list with an agent and sell it quickly in as-is condition.
If you’re unsure whether you’d benefit from a We Buy Houses for Cash company, we highly recommend scheduling a free consultation with a local real estate agent. You can compare their professional opinion on your home’s value and expected selling timeline with what the cash buyer is offering.
Consulting a realtor is the best way to ensure that you keep the most equity in your pocket while still selling on your timeline.
Many realtors have relationships with top local cash buyers (and can help you avoid companies that only make lowball offers). Your agent can help you get cash offers from local companies that have good reputations. They can also help you understand your options to find the best way to sell your home within your timeline for as much money as possible.
Top 5 We Buy Houses companies in St. Louis
🏆 Express Homebuyers: Our top pick
Nationwide
- (877) 804-5252
- Offer in 7 minutes
- Close in 7 days
Express Homebuyers has been a nationwide cash buyer since 2003. It makes an all-cash offer after visiting a property and can close in as soon as seven days.
Express Homebuyers purchases homes across Missouri.
Express Homebuyers has potentially the fastest time to offer: just 7 minutes. It’s a national real estate company that buys homes in St. Louis and other parts of the state.
If your number one concern as a home seller is speed, look no further. You’ll get an offer within minutes from Express Homebuyers AND have the option to close in 7 days.
Express Homebuyers has an average online rating of 4.1 out of 5 stars. Customers have affirmed that the company’s biggest strength is its speed; it also has a favorable and patient staff.
🥈HouseCashin: Fastest to close
Nationwide
- (877) 355-1244
- Offer in 24 hours
- Close in 3–30 days
HouseCashin is a nationwide network of real estate investors that connects Missouri home sellers with local buyers.
HouseCashin buys homes all around Missouri.
Another speed-savvy group, HouseCashin is a national real estate company that lets you close in as little as 3 days.
HouseCashin is actually a network of local cash buyers. While this can lend you a neighborly touch, it also means you don’t know exactly what to expect until HouseCashin connects you with that buyer.
Customers have given HouseCashin an average score of 4.7 through online reviews. Several sellers noted closing was as quick as advertised. Many also commented on the company’s staff, saying they are “knowledgeable” and “patient.”
🥉We Buy Ugly Houses: Trusted brand
Nationwide
- (866) 288-9512
- Offer after home evaluation
- Close in 21 days
We Buy Ugly Houses is a network of cash buyer franchises that has been purchasing homes throughout the U.S. since 1996. It can make a final cash offer after completing a property walkthrough and close within three weeks.
We Buy Ugly Houses purchases homes across Missouri, including St. Louis, Kansas City, and Springfield.
We Buy Ugly Houses (also recognized by its parent company, HomeVestors) is a national network of local cash buyers.
If you sell your home in St. Louis to We Buy Ugly Houses, you’ll have to wait until AFTER a home walk-through to receive an offer. Closing can follow in as quickly as 3 weeks. While this is slower than some other cash buyers, it’s still faster than a traditional home sale.
We Buy Ugly Houses has a well-documented history of sale and customer service. Former sellers have rated the company 4.4 out of 5 stars.
We should note that We Buy Ugly Houses also has a track record of buying homes well below fair market value — as low as 50%. As a precaution, compare offers from other We Buy Houses companies to make sure you’re getting a favorable price.
🔑 Property Nation: Flexible closing
Statewide
- (786) 220-6692
- Offer in 24 hours
- Close in 7 days
Property Nation is a Florida-based cash buyer that purchases houses throughout the U.S. It can make an initial offer within 24 hours, close in as few as seven days, and pays for the seller’s closing costs.
Property Nation purchases homes throughout Missouri, but be sure to contact the company to find out if it’ll buy in your area.
Property Nation is a Florida-based real estate company that buys homes in Missouri and other states.
Like other We Buy Houses companies, Property Nation allows you to provide information on your home through an online form or over the phone. The company will submit an offer within 24 hours and you can close in as little as 7 days — with the option to pick a date weeks later, instead.
Property Nation has mixed reviews online from customers. Several have said the staff is accommodating and that the sales process — particularly for distressed properties — was easy. However, a few former clients also stated closing took longer than expected, and that Property Nation was unresponsive at times.
🇺🇸 We Buy Houses: Nationally recognized network
Nationwide
- (877) 932-8946
- Offer in 24–48 hours
- Close in 7–14 days
We Buy Houses is a network of cash buyers that have been buying homes all over the U.S. since 1997. It can make an offer in anywhere from 24 to 48 hours and can close as quickly as seven days.
We Buy Houses purchases properties across Missouri.
We Buy Houses is a national real estate company that has specialized in cash offers for over two decades. You’ll get an offer in 24–48 hours and can close in 7 days.
We Buy Houses connects sellers to local cash buyers that meet its specific standards — ensuring you’ll work with an experienced and highly qualified buyer.
On average, We Buy Houses has a rating of 4.5 out of 5 stars. Customers were most satisfied with these features:
- Staff was helpful, professional, and patient.
- There were no lapses in communication between the company and sellers.
- Closing was quick and hassle-free.
Not seeing the right company for you? Check out our list of the top companies that buy houses for cash across the country!
How do We Buy Houses for Cash companies work?
We Buy Houses for Cash companies in St. Louis are typically owned by real estate investors. These investors look for deals, most often by searching for distressed or unwanted properties that tend to be less desirable to ordinary home buyers.
They purchase the homes by making fast, all-cash offers that allow them to buy at a discounted price. Then, they make the necessary repairs and re-sell the properties for a profit.
We Buy Houses for Cash pros and cons for St. Louis home sellers
| ✅ Pros | ❌ Cons |
|---|---|
| Fast, easy closing. These companies typically make an offer within 24–48 hours and close in as little as one week. | Significantly lower sale price. The biggest drawback is that you won't get what your home is actually worth on the open market. |
| No paperwork. Most reputable We Buy Houses companies will take care of all the paperwork for you. | Little room to negotiate. The offer they give you generally doesn't have much wiggle room. |
| No repairs. They'll buy your property as-is without requiring any repairs — even if your home is in poor condition. | No representation. Unlike in a traditional real estate transaction, you won't have an agent to represent your best interests. |
How much do We Buy Houses companies in St. Louis pay?
We Buy Houses companies and local real estate investors in St. Louis generally use the 70% rule: never pay more than 70% of a home’s after-repair value (ARV), minus repair costs. You can get a ballpark idea of your home’s ARV by looking at listing/sale prices of comparable homes in your neighborhood that have been renovated recently.
The median listing price of homes in Saint Louis is $274,950. Assuming a We Buy Houses company believes that your home will be worth that after they’ve made the necessary repairs ($50,000 in this example), they would pay you around $142,465.
(After repair value x 0.70) − Repair costs = Purchase price
($274,950 x 0.70) − $50,000 = $142,465
When is selling to a We Buy Houses company worth it?
Selling to a We Buy Houses company may be worth it if you need to sell your home quickly and don’t have time to make any repairs.
But most sellers will be able to sell their home for a much higher price by listing on the open market.
You need to sell your house fast
| 🗓 Time to sell | 💰 Median listing price | |
|---|---|---|
| Saint Louis | 45 days | $274,950 |
| United States | 50 days | $427,250 |
One of the main benefits of a We Buy Houses company is that it can make almost instant cash offers — allowing you to close in as little as seven days.
The catch is that you won’t get the maximum value for your home.
While the average time to sell in St. Louis is 45 days, a realtor who specializes in selling homes quickly may be able to help you sell your home faster on the open market — without sacrificing so much equity.
You’re selling a house in poor condition
Another great benefit of a cash buyer like We Buy Houses in St. Louis is that it will purchase homes in as-is condition. If your home is in need of extensive repairs or is structurally unsound, it may be easier to sell to a We Buy Houses company instead of finding a buyer on the open market.
That said, we recommend talking to an experienced real estate agent before accepting an offer from a We Buy Houses St. Louis company. In today’s market, there are buyers who are willing to purchase fixer-uppers, and you’ll almost always get more money for your home by selling on the open market.If you’d like to get an agent’s professional opinion, our partners at Clever can connect you to a top local realtor. You’ll get a free expert home valuation to make sure you’re getting a fair price.
Better alternatives for St. Louis home sellers
There are two main types of alternatives to selling to a We Buy Houses company in St. Louis: selling to an iBuyer or listing with a traditional agent.
If you’re selling a newer home that doesn’t need extensive repairs, we recommend getting an offer from an iBuyer.
Listing with a real estate agent is the best way to sell your home for its full value — and an agent can help you compare cash offers to what your home may get on the open market.
Sell to an iBuyer
Like We Buy Houses companies, iBuyers make all-cash offers on homes. They offer the same fast closing timelines, but they typically pay much closer to market value.
But there’s a reason iBuyers pay more than traditional We Buy Houses companies. iBuyers have much stricter purchase criteria and are only available in select areas. If your home was built recently and only needs minor repairs, it may be a good candidate for an iBuyer. Otherwise, it probably won’t qualify.
If you need to sell your St. Louis home quickly and it’s in good shape, consider using Offerpad, Opendoor, or RedfinNow. These companies are the three biggest iBuyers in the U.S., and they can each make a cash offer within minutes (on qualified homes). If none of these meet your expectations, you can walk away with no obligation.
List with a St. Louis realtor who specializes in quick sales
Every seller should start their selling journey with an expert home valuation from a local real estate agent — even if you ultimately decide to sell to accept a cash offer from a We Buy Houses company or iBuyer.
Getting a home valuation is free, no-risk, and allows you to ensure that you’re making the right decision.
In the current St. Louis real estate market, many top agents can still sell your home quickly. They can even target individual cash buyers and investors, allowing you to sell your home as-is while still getting top dollar for your home.
FAQs about We Buy Houses companies in St. Louis
What is a We Buy Houses in St. Louis company?
We Buy Houses companies make cash offers directly to homeowners, who can sell their property within days and avoid making pre-sale repairs. However, these companies turn profit by buying low and reselling high, making them less ideal for those who want to sell their home at or above its fair market value.
Should I sell my home to a We Buy Houses in St. Louis company?
You're best suited to sell to a We Buy Houses company if you need to offload a property quickly, if that property is in disrepair, or if you otherwise want to avoid a protracted sale process. BUT these companies aren't the best option if you want to maximize the sales price of your home.
Do We Buy Houses companies have good customer service?
Some We Buy Houses companies have excellent customer reviews online. Former clients have enjoyed working with staff at groups like Express Homebuyers and HouseCashin, and the sale process is typically easier than selling on the open market.
More We Buy Houses for Cash resources
Want to learn more about how We Buy Houses companies work and what you should watch out for as a home seller? Check out these great resources!
Companies That Buy Houses for Cash [In-Depth Guide]: You might be willing to sell to a We Buy Houses company if you’re in a bind, but is it worth it? Find out how these companies operate.
Are “We Buy Houses” Companies a Ripoff? Cardboard signs at the side of the road don’t seem very professional, so what’s the deal with all of these companies that advertise “We Buy Houses in St. Louis” on highway billboards? Learn how to tell the difference between a legitimate cash buyer and a scam.
How Much Will an Investor Pay for My House? Investors don’t buy houses because they love them — they buy them to make a profit. Learn more about how an investor would price your home if they were interested in buying it.
More St. Louis home selling guides
We Buy Houses in St. Louis | Top Companies for 2022: Selling your home in Missouri can be quick and pain-free when working with a We Buy Houses company. BUT don’t jump in without learning which companies provide the best service in the Show-Me State.
How to Sell a House Without a Realtor in Missouri: Selling your home without an agent can save you money on realtor commission. In Missouri, this could translate into thousands of dollars. However, selling this way (called FSBO) comes with several strings attached. Find out what these are and how to handle them.
Top 5 Missouri Flat Fee MLS Listing Services: Selling your home in Missouri doesn’t have to be expensive — but you also DON’T have to forgo the support and guidance of a real estate agent, either. Here are 5 great flat-fee MLS companies that offer realtor services and might help you save money.
Top 3 iBuyer Companies in 2022: iBuyers make cash offers directly to homeowners, usually within minutes. They’re a convenient and hassle-free way to sell your home, though you may not make as much on the sale. Learn which iBuyers operate in Missouri, and which would give you the most peace of mind when you hand over the keys to your property.
Leave a Reply