401 Homebuyers: Review & Ratings (November 2026)
Written by Jamie Ayers
+2 others
Edited by Andrew Whytock
Reviewed by Ben Mizes
401 Homebuyers
401 Homebuyers has a strong overall score. It has excellent customer ratings from a modest review record, along with good business credentials.
Overall score
#59 of 151 similar
At a glance
- Profile status
- Verified
- Avg rating
- 4.8 (21 reviews)
- BBB status
- Accredited, A+
- Founded in
- 2019
About
401 Homebuyers is a Providence-based cash buyer purchasing statewide in Rhode Island. Brad Clark owns the company. It’s been in business since 2019, pays closing costs, and lets sellers leave junk behind.
Read the full bioOffers & terms
- Buys:
- Single-family Multifamily Condos Any condition
- Terms:
- As-is Covers closing costs Fast closing Cleanout services
- Situations:
- Downsizing Inheritance Foreclosure Fire damage
Score breakdown
Review explorer
Is 401 Homebuyers legit?
Yes — our research suggests 401 Homebuyers is a legitimate business. We found BBB accreditation, 21 third-party reviews and review activity within the past year.
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Company bio
401 Homebuyers is a property investor based in Providence, Rhode Island, buying homes for cash throughout the state. Brad Clark owns the company, which has been in business since 2019. It buys houses, apartments, condos, and multifamily properties.
You can sell as-is and leave unwanted items, boxes, or other junk behind. The company charges no service fees and pays closing costs. Its purchases include inherited homes, properties facing foreclosure, and houses with fire or flood damage.
Offers & terms
- Property type(s)
- Single-family Multifamily Condos
- Condition(s)
- Any condition
- Terms & perks
- As-is Covers closing costs Fast closings Cleanout services
- Seller situations
Where they buy
Choose a market to compare cash home buyers near you.
Ownership
- Owner
- Brad Clark
- Based in
- Providence, RI
- Founded
- 2019
Operations
- Business type
- Cash home buyer
- Business model
- Direct purchase
- Ownership structure
- Independent operator
- Operating scale
- Providence area
Contact
- Website
- 401homebuyers.com
- Phone
- (401) 541-5560
- Contact address
- 852 River AveProvidence, RI 02908
Our ratings & analysis
Overall score
#59 of 151 similar
401 Homebuyers has a strong overall score. Its score is in the upper half of comparable statewide cash home buyers nationwide. It has excellent customer ratings, averaging 4.8 stars across 21 ratings. Recent review activity is limited, with only 3 reviews in the past 6 months. That’s too little feedback to establish a recent rating trend. Its strong business credentials include BBB accreditation with an A+ rating.
401 Homebuyers vs. similar cash buyers
Swipe to compare
| Metric |
This company
|
|||
|---|---|---|---|---|
| Overall score | 81 | 88 | 86 | 70 |
| Avg rating | ||||
| Recent activity | Medium | High | Medium | None |
| Founded | 2019 | 2019 | 2019 | 2012 |
| BBB status | Accredited, A+ | Accredited, A+ | Not accredited, A+ | Accredited, A+ |
| Coverage | Statewide | Multi-state | Local | Statewide |
| Company page | Visit website | Read review | Read review | Read review |
Customer experience
Top 50% in US
401 Homebuyers has a generally positive customer experience profile. Most lifetime ratings were five-star, while 1 low rating reduced the lifetime average. The latest 3 months contained 1 5-star rating — just 1 rating, too few to establish a sustained trend. Its Customer Experience score of 81/100 places it near the middle of comparable cash buyers serving multiple markets.
Lifetime ratings. Lifetime feedback was strongly positive: 21 rated reviews averaged 4.8/5, with 20 five-star ratings and 1 one-star rating. Reviews dated back to 2020. Our methodology adjusts small rating samples toward the typical company rating, then maps the adjusted rating to a score and applies a small review-depth deduction that decreases as the record grows. Volume credit grows with every rating, with an additional small adjustment that grows fastest over the first few hundred ratings and then slows. It strengthens the distance from the neutral, sample-adjusted 4.5-star signal; this record received a 0.10% adjustment to that signal. This added 0.02 score points before the depth deduction and confidence limit. The confidence limit also constrained the score.
Recent ratings. The latest 12 months contained 5 ratings averaging 5.0/5. The latest 6 months contained 3 5-star ratings. The latest 3 months contained 1 5-star rating, through October 23, 2026.
Rating trends. Ratings improved. The 3-month average rose from 4.81 lifetime to 5.00 — up 0.19 stars, or 4.0%. The five-star share rose from 95.2% to 100.0%, up 4.8 percentage points. The recent sample contained just 1 five-star rating. It was too small to establish a lasting improvement.
Common themes. A smooth process led the feedback, appearing in 14 of 18 detailed customer reviews (78%), followed by compassionate treatment in 9 (50%). Other common themes included good communication in 7 (39%) and honesty and transparency in 7 (39%). Reviews could mention multiple themes.
Review relevance. We classified 20 of 21 reviews (95%) as relevant to the home-selling experience. Another 1 concerned property buyers. All 21 star ratings remained in the lifetime rating record.
Recent activity
Top 50% in US
Company activity · As of October 23, 2026 — our latest collection date.
401 Homebuyers has recent review activity. Its recent review volume is higher than similar companies. The sparse recent review record limits the pace assessment. We lack direct business-activity data, including purchase figures. Its Activity score of 71/100 places it around the top 35% of comparable cash buyers with similar market coverage.
Recent review volume. The company received more reviews than similar companies across all 3 periods. We counted 5 reviews over 12 months, 3 over 6 months and 1 over 3 months. Similar companies had median counts of 4, 1.5, and 0, respectively.
Recent review pace. Its recent review rate is above its lifetime average, but the recent record is too sparse for a formal pace classification. Its 6-month rate was 1.8× its lifetime average pace, compared with 1.2× over 3 months and 1.5× over 12 months. Recent rates averaged 0.5 reviews per month over 6 months, 0.3 over 3 months and 0.4 over 12 months, versus a lifetime average of 0.3. The record contains 21 reviews dating back to 2020. A few reviews can noticeably change the recent pace.
Review freshness. Its latest review on file was October 10, 2026 — less than 2 weeks old as of our last data refresh. 14% of all reviews appeared within the last 6 months, and the average review age was about 3 years.
Other business activity. We have no claimed directory profile, completed enhanced screening, business interview, or reviewed purchase figure on file.
Credibility signals
Top 10% in US
401 Homebuyers has a very strong credibility profile. We identified the company’s leadership, business structure, and buying model, supported by a broad online presence. BBB lists 2019 as the business-start year. We have 6 years of documented review history. The main limit on its score was website depth and transparency. We identified 1 relevant complaint, but it did not result in a deduction.
Verification. We identified Google, BBB, Facebook, and Yelp profiles. The BBB records we reviewed list accreditation since 2020. They list an A+ rating. Its Google Business Profile was verified. 401 Homebuyers has not claimed its directory profile or completed enhanced screening with our team.
Website assessment. The website was accessible when checked on September 29, 2026. The website scored 90/100 for depth and transparency. It includes team information, buying and service information, the process and terms, and customer testimonials or work examples.
Business details. We identified Brad Clark as the company’s owner. BBB lists the business as an LLC. Its website identifies it as a direct buyer. No related businesses or DBAs were identified.
Track record. BBB lists November 3, 2019 as its business-start date, June 3, 2020 as its incorporation date, and June 10, 2020 as its profile-opening date. Reviews on file date back to June 16, 2020. Reviews appear in 19 of the 77 months covered by our records. Review activity is intermittent.
Complaints and red flags. We identified 1 relevant complaint in a Google review. A reviewer alleges concealed defects and black mold. The account provides no property details, inspection evidence, or supporting records, and no company response was retained. This account remains unverified.
Verification checklist
5 of 5 baseline checks are supported by the evidence in our records.
Baseline checks
- Business identity: Confirmed through Google Business Profile and BBB profile
- Current business presence: Website accessible at last check; published phone number
- Public feedback: 21 accepted third-party reviews
- Established public history: Accepted review activity since 2020
- Recent activity: 5 reviews in the recorded 12-month window; latest less than a month before collection
Additional verification
- BBB status: Accredited, A+
Meeting these baseline checks is not a guarantee of current availability or a particular experience or transaction outcome. Compare offers, read reviews, and have a professional review any offers and contracts before moving forward.
Review explorer: 401 Homebuyers
What reviewers say
Notable findings
- 9 of 18 analyzed reviews (50%) mention respectful treatment, nearly 2x the typical rate for similar cash investors.
- 6 of 18 analyzed reviews (33%) mention flexibility, about 1.7x the typical rate for similar cash investors.
Reviews analyzed
21 public reviews
− 1 too short, irrelevant, or duplicate
− 2 relevant, but too general
18 detailed reviews with clear themes
Excluded: 1 outside the seller experience (e.g., home buyers).
Review themes
Positive feedback
14 reviews describe the process as easy, smooth, or straightforward.
9 reviews mention respectful or compassionate treatment.
7 reviews praise communication or being kept informed.
7 reviews praise honesty, transparency, or following through on promises.
6 reviews mention flexibility around timing or seller needs.
6 reviews mention a fast or on-schedule closing.
Next steps if you’re considering 401 Homebuyers
Even with a well-supported company record, the quality of an individual offer comes down to its price, terms, and the entity responsible for closing.
-
Get the complete offer in writing
Confirm the purchase price, closing date, seller-paid costs, inspection or cancellation rights, and whether the contract can be assigned to another buyer.
-
Verify who is buying your home
Confirm the legal business name, request proof of funds, and identify the title or closing company. If the brand has multiple offices, verify which office or entity is responsible for your offer.
-
Compare the likely net proceeds
Request at least 2 cash offers when possible. If time allows, compare them with an estimate of what you could net from an as-is listing after fees, repairs, and carrying costs.
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Related guides and resources
How we researched and scored this company
Methodology
We research each company using its website, business profiles, and third-party customer reviews. We use company sources to understand its services and terms, and distinguish those claims from independent evidence. When available, we also draw on interviews with company representatives and sellers, and relevant public records.
When there is enough evidence, we calculate an overall score out of 100 using 3 categories:
- Customer experience (67.5%) reflects customer satisfaction, based primarily on average customer ratings and the number of reviews supporting them.
- Recent activity (20%) reflects recent review volume, how recently the company received a review, and how its recent review pace compares with its history. Reviews are a signal of activity, not a count of completed home purchases.
- Credibility (12.5%) considers business verification, website transparency, public engagement, and documented operating history.
Use the company or location identified on this page when interpreting the evidence. A broader company record may not describe every local office. Review history is separate from the company’s founding date.
Limited evidence can restrict what we can assess. A company may appear without a score, and a small review sample may not represent a typical seller’s experience. Scores summarize the evidence available to us; they do not predict an offer price or guarantee a sale or service quality.
Sources
- Company website, website information up to date as of September 2, 2026; website content analysis completed September 4, 2026.
- Better Business Bureau, profile information up to date as of August 30, 2026.
- Google, profile information up to date as of September 21, 2026; review data partially collected on June 15, 2026; reviews checked for updates on October 23, 2026.