Best We Buy Houses companies in Utah | Should I sell to a We Buy Houses company? | How much do they pay? | Alternatives | FAQs
We Buy Houses companies in Utah pay significantly less than fair market value for homes — sometimes as little as 50%. However, if you own a distressed property or you need cash for your home quickly, a We Buy Houses company might be your best choice.
We spent hundreds of hours researching legitimate We Buy Houses companies in Utah to find the 5 best options. Our rankings include considerations like offer time, closing time, customer reviews, and availability (nationwide, statewide, or county/citywide only).
Before you sign a contract with a We Buy Houses in Utah 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 Utah, 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 fair offers from top cash home buyers now!
Top 5 We Buy Houses Companies in Utah
| 💰 Cash buyer | 💸 Time to offer | 🗓 Time to close |
|---|---|---|
| Utah Sell Now LLC | 24 hours | 7 days |
| Express Homebuyers | 7 minutes | 7 days |
| Enlight Homebuyers | 24 hours | 30-60 days |
| Fast Home Offer Utah | Offer times vary | 5 days |
| Summit Home Buyers | hours | 7-10 days |
Local
- (801) 416-3074
- Offer in 24 hours
- Close in 7 days
Utah Sell Now, LLC is a cash buyer that purchases houses in select cities in Utah. It can make an offer within 24 hours and close in as few as 7 days. Utah Sell Now, LLC is highly rated online, with former sellers praising it for providing a fair offer and a fast and easy process. Negative reviews, however, show that it does excessive and unsolicited marketing.
Utah Sell Now LLC buys homes in and around Salt Lake City.
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. Its reviews are largely positive, with previous sellers praising the quick and straightforward transactions it provides. There are a number of negative reviews, however, stating cases of predatory marketing, unresponsiveness, and excessively low offers.
Express Homebuyers purchases homes across the Salt Lake City County area.
Regional
- (801) 939-0123
- Offer in 24 hours
- Close in 30-60 days
Enlight Homebuyers is a group run by real estate investors that purchases homes throughout Utah. They provide flexible closing dates, can make an initial offer in 24 hours, and can close in as few as 10 days. Reviews from sellers indicate their reps stick to schedules, make reasonable offers, and communicate well. However, some homeowners left negative reviews because Enlight Homebuyers sent junk mail to ask if they were interested in selling.
Enlight Homebuyers buys home across Utah.
Statewide
- (801) 649-7942
- Varies
- Close in 5 days
Fast Home Offer Utah is a family-owned business. It buys houses throughout Utah and can close in as few as five days. It is highly rated, with reviewers saying that its reps are highly responsive, honest, and transparent throughout transactions. Other sellers also praised it for providing very reasonable offers and quick and smooth transactions.
Fast Home Offer Utah buys homes in and around Utah.
Statewide
- (801) 410-0341
- Offer in hours
- Close in 7-10 days
Summit Home Buyers has been buying houses in Salt Lake City and surrounding areas since 2003. It can make an offer within 24 hours and close in 7 to 10 days. Its reviews are positive, with former sellers praising its reps for being helpful, knowledgeable, and dedicated to the job. However, some reviewers reported it for excessive, unsolicited marketing.
Summit Home Buyers mostly purchases homes in and around Salt Lake City. However, contact the company to see if it will buy your house if it’s in another part of Utah.
Not seeing the right company for you? Find more nationwide cash buyers here!
Should I sell to a We Buy Houses company in Utah?
It depends on your primary motivation as a seller: do you need to sell your home quickly, or are you trying to sell an unwanted home?
If speed is your primary concern, you need to take market conditions into account before you decide. If you’re worried about selling a home in poor condition, listing with the help of a real estate agent is still an option.
Selling times in Utah
| 🗓 Time to sell | 💰 Median listing price | |
|---|---|---|
| Utah | 28 days | $649,950 |
| United States | 32 days | $450,000 |
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.
Selling a home in poor condition in Utah
You might be tempted to sell your home to a We Buy Houses company in Utah if it’s full of junk, in need of extensive upgrades, or structurally unsound. This is an option, but an agent can help you deal with an unwanted property without asking you to take a massive discount on the sale price.
A real estate agent can get your home in front of multiple buyers, bring competition into the mix and give you the best chance to capitalize on the home’s fair market value.
Real estate agents can’t guarantee that your home will sell as quickly as it would if you went directly to a We Buy Houses company, but you can be almost certain that you’ll end up with more money in your pocket.
How much do We Buy House Companies in Utah pay?
We Buy Houses companies and local real estate investors generally use the 70% rule: never pay more than 70% of a home’s after-market value (AVR), minus repair costs. You can get a ballpark idea of your home’s AVR by looking at listing/sale prices of comparable homes in your neighborhood that have been renovated recently.
The median listing price of homes in Utah is $649,950. 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 $404,965.
(After repair value x 0.70) – Repair costs = Purchase price
($649,950 x 0.70) – $50,000 = $404,965
Key Takeaway
🚨 Keep in mind, this is the best case scenario. A We Buy Houses company is likely to pay as little as possible to maximize their profits.🚨
Alternatives to We Buy Houses companies in Utah
There are alternatives to selling to a We Buy Houses company in Utah that could net you a lot more money in the end.
- Sell to an iBuyer — iBuyers pay close to fair market value for homes, and some can close in as little as ten days. They generally don’t buy distressed homes, but an iBuyer might be an option if your home only needs minor repairs.
- List with a low commission real estate agent — Companies like Clever can connect you with an agent who can work for a pre-negotiated low commission to help you sell without leaving money on the table.
Frequently Asked Questions about We Buy Houses companies in Utah
Are We Buy Houses companies in Utah legit?
Many We Buy Houses companies in Utah are legitimate, though some might take advantage of desperate sellers. Given that, it’s important to do your research to find out what companies sellers liked best. According to reviews, Utah sellers like Fast Home Offer Utah because its reps were honest, transparent, and made reasonable offers. A larger company like We Buy Ugly Houses is also good to work with because it is reputable and more established.
How much money will a We Buy Houses company pay in Utah?
A Utah cash buyer will typically offer 70% of a home’s worth at most — but they can also provide the fastest and easiest closing for sellers. Case in point, Fast Home Offer Utah can close in as few as five days, which is perfect for a seller in a difficult situation. Look through our guide on how We Buy Houses for Cash companies work to learn more.
How can I sell my property quickly in Utah?
Utah homeowners can sell to a local We Buy Houses company for a fast offer and easy processing. For instance, Utah Sell Now can make an offer within 24 hours and close in as few as seven days. Aside from that, working with a local real estate agent is also a decent choice for selling fast and getting more profit from your home.
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: Solution or Scam? 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”? 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.
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