How to Find Cash Home Buyers in San Francisco for a Hassle-Free Home Sale
Frustrated with the traditional home selling process? Discover how to find reputable cash home buyers in San Francisco.
If you’re a San Francisco homeowner who needs to sell your home quickly without the headaches of listing on the open market, you might want to consider working with a cash buyer. San Francisco’s promising income potential makes it a solid option for investors, meaning you should have no trouble finding a cash buyer for your property.
However, it’s important to note that San Francisco’s housing market is slowing down, and homes are taking longer to sell on the open market.
This could be a good time to consider a cash home buyer, especially if you value speed and convenience. In this guide, we’ll explain how to find and sell to San Francisco cash home buyers and walk you through the entire process of selling your home for cash.
Sell Your House Fast in San Francisco With a Cash Offer
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Disclaimer: As a friendly reminder, this blog post is meant to be used for educational purposes, not legal or tax advice. HomeLight always encourages you to reach out to your own advisor.
How to find cash home buyers in San Francisco
Looking to sell your home fast and easily? Cash buyers can be a great option. Here are a few ways to seek out trusted cash home buyers in San Francisco who may be willing to make a fair offer on your property.
Work with a reputable local real estate agent
One of the main benefits of a cash offer is that you can often avoid real estate commissions. However, this doesn’t mean you shouldn’t consider working with an agent. Experienced San Francisco agents are usually well-connected to cash home buyers in the Bay Area. Most will have connections on tap for when a property just won’t sell, or the condition of a home makes it a poor fit for a traditional listing.
Instead of researching and contacting cash home buyers, consider asking a real estate agent to connect you with tried-and-tested investors in their network.
HomeLight can connect you with a top-performing real estate agent in your area if you don’t already have one in your contacts. It takes less than two minutes to match you with two or three top agents who fit your needs, and the service is 100% free.
Focus on investors rather than owner-occupiers
Calling the 1-800 number for a multinational investment firm probably won’t get you very far, but there are other ways to grab the attention of cash buyers. You can post about your property on investment websites or Facebook groups, attend real estate investing events, or speak to local real estate agents and property managers.
Of course, you can always search online for “We Buy Houses for Cash” companies in San Francisco, but note that house flippers tend to pay around 70% of a home’s market value to turn a profit (more on that later).
Do your due diligence
If you’ve found a cash buyer you’re considering selling your house to, it’s important to thoroughly vet that company or individual to make sure they’re legitimate. You can verify the company’s rating with the Better Business Bureau (BBB), assuming they have a profile or are accredited. You can also contact your local office, like the BBB serving the San Francisco Bay Area and Northern Coastal California.
You should also read online reviews on sites like Google, Yelp, Trustpilot, and Facebook. Research the company or individual’s investment record, check that they are registered with the state, and ask for referrals from recent sellers.
Before signing an offer, ask for proof of funds
It’s important to choose a reputable cash buyer with readily available funds. Ask the cash buyer for proof of funds—this could be a bank statement or an official letter from the financial institution showing the account balance. If the investor is unwilling to provide a proof of funds letter, consider it a red flag and move on.
