Field guide · 7 buyers · 5 buyer types
Who should buy your house?
No single cash buyer is best for every seller. iBuyers such as Opendoor and Offerpad suit newer homes in their markets and charge a service fee. Franchises such as HomeVestors buy homes that need work. Marketplaces collect investor bids. Direct buyers such as Propcash make one offer with no fees. A listing agent usually gets the highest price.
The comparison
Pick what matters most to you. The rows that fit stay lit.
| Buyer | Type | Fees to you | Time to close | Offer deadline | Where | Who signs as buyer |
|---|---|---|---|---|---|---|
| Buys the house itself | ||||||
| Offerpad | iBuyer24 | 5% service fee + about 1% closing costs6 | 8–60 days; minimum set by state7 | Usually 7 days7 | 9 states8 | Offerpad6 |
| Opendoor | iBuyer24 | Service charge varies; not published. Closing costs 1–3%.1 | 21–60 days2 | Varies by market3 | Lower 48 states4 | Opendoor1 |
| Propcash (us) | Direct buyer | None. No commissions or closing costs.21 | From 7 days21 | Does not expire21 | All 50 states21 | Propcash22 |
| Local franchise | ||||||
| HomeVestors | Franchise | No fees; pays typical closing costs. Offers "typically discounted below market value."9 | From about 3 weeks9 | Not stated | 47 states + DC9 | Local franchise owner; may assign to an investor10 |
| Marketplace: collects bids from other buyers | ||||||
| Sundae | Marketplace | No fees to Sundae; its commission comes out of the offer12 | 10–60 days12 | Not stated | 12 metros in 7 states13 | Investors who bid14 |
| Clever Offers | Marketplace | Free to compare; "no added fees"15 | From 7 days17 | Not stated | 46 states + DC17 | iBuyers, funds, and local buyers16 |
| HomeLight Simple Sale | Marketplace | No HomeLight fees; "individual investor fees may vary"19 | From 7–10 days18 | Not stated | "Nationwide"; not all areas20 | Partner investors19 |
| Open market | ||||||
| Listing agent | Traditional sale | Commission, commonly 5–6%, plus about 2–3% closing costs23 | Usually 30–60 days23 | Set by each buyer | Everywhere | A retail buyer, often with a mortgage |
"Not stated" means we could not find the fact on the company's own pages on Oct 16, 2026. It does not mean the answer is bad. Ask the company directly.
Time to close, as each company states it
Most cash buyers can close in 1–3 weeks. A faded bar means the company gives a minimum but no maximum.
Sources: Propcash21, Clever Offers16, HomeLight18, Offerpad6, Sundae12, Opendoor2, HomeVestors9, listing23. Offerpad's minimum is in business days and changes by state7. HomeLight's own page says both 7 and 10 days18.
Who actually buys your house?
This is the question most comparison lists skip. The name on the website is not always the name on the contract.
One buyer, start to finish
- You
- The company makes the offer
- The same company signs as buyer
No model is wrong. More bids can mean a higher number. One buyer can mean fewer handoffs. Before you sign, ask one question: "Whose name will be on the purchase contract?"
Who should choose what
Each type is best for a different seller. These are our labels, based on the data above.
-
iBuyer
Best for newer, move-in-ready homes in their markets
Opendoor, Offerpad
-
Franchise
Best for houses that need work, with a local office nearby
HomeVestors (We Buy Ugly Houses)
-
Marketplace
Best for sellers who want several bids at once
Sundae, Clever Offers, HomeLight Simple Sale
-
Direct buyer
Best for sellers who want one offer, no fees, and no deadline
Propcash (us), and local investors in your area
-
Traditional sale
Best for the highest price, when the home is in good shape and you can wait
A licensed listing agent
Vet any cash buyer in 10 questions
Use this list with every buyer, including us. Tick each one as you get a clear answer.
Questions sellers ask next
What is the best company that buys houses for cash?
No single company is best for every seller. iBuyers such as Opendoor and Offerpad suit newer homes in their markets and charge a service fee. Franchises such as HomeVestors buy homes that need work. Marketplaces collect investor bids. Direct buyers such as Propcash make one offer with no fees. A listing agent usually gets the highest price when the home is in good shape and you can wait.
What is the difference between an iBuyer and a direct cash buyer?
Both buy the house themselves. iBuyers usually buy newer, move-in-ready homes in set markets and charge a service fee. Offerpad states a 5% service fee plus about 1% in closing costs.6 Direct buyers such as Propcash buy homes in any condition and charge no fees, commissions, or closing costs.21
Do cash offer marketplaces buy my house?
Usually not. Clever Offers, Sundae, and HomeLight Simple Sale pass your house to outside investors, iBuyers, or funds that bid on it.141619 The platform runs the process, but a third party signs as the buyer.
How long do cash offers last?
It depends on the buyer. Offerpad says its offers usually expire 7 days after the offer date.7 Opendoor says the deadline depends on the market.3 Propcash offers do not expire.21
Is Propcash a large company?
No. Propcash was founded in 2026 in Nashville, Tennessee.22 We are newer and smaller than the national companies on this page. We buy houses in all 50 states, and you work with a local Acquisition Manager for your region.
Get one more number to compare.
Ask for a Propcash offer with the others. It costs nothing, and it does not expire. If listing with an agent is better for you, we will tell you so.
Sources
We checked each source on Oct 16, 2026. Companies change their terms, so confirm with each one before you sign. Found an error? Email info@propcash.co and we will fix it.
- Opendoor: How does Opendoor make money
- Opendoor Help: How selling to Opendoor works
- Opendoor Help: How long to accept
- Opendoor Help: Where does Opendoor buy
- Opendoor Help: What types of homes
- Offerpad: Sell
- Offerpad: Seller FAQ
- Offerpad: Locations
- HomeVestors: Seller FAQ
- HomeVestors: Investor FAQ
- HomeVestors Franchise: About
- Sundae: Seller FAQ
- Sundae: Locations
- Sundae: How the marketplace works
- Clever Offers: About
- Clever Offers: Home
- Clever Offers: What it's like to sell
- HomeLight: What is Simple Sale
- HomeLight: We buy houses (Simple Sale terms)
- HomeLight: Is HomeLight legitimate
- Propcash: Home
- Propcash: Company facts (llms.txt)
- Propcash: Cash offer vs traditional sale
- Real Estate Witch: Offerpad vs. Opendoor, which iBuyer