Top 5 We Buy Houses for Cash Companies in Utah (2021 Rankings)

Luke Babich

By 

Luke Babich

May 19th, 2021
Updated May 19th, 2021

SHARE

We Buy Houses company reviews | What they do | How they work | How much they pay | How much they cost | Pros and cons | Alternatives | FAQs

We Buy Houses companies in Utah offer cash to homeowners that need to sell quickly. We reviewed the top Utah We Buy Houses companies so you can shop around for an offer and make an informed decision.

🔑 Key Takeaways

  • We Buy Houses companies can help you sell fast, but they're not a great deal in most cases

  • You'll only get about 70% of the actual fair market value of your home by selling to one of these companies

  • Other options include instant-offer iBuyer companies or low commission companies, like Clever

Top Utah We Buy Houses companies reviews

We Buy Houses companies and other cash buyers allow you to sell your home fast — sometimes in a week or less. We've pulled together some of your best options in Utah.

However, if you can wait longer than two weeks, you can sell your home for top dollar with a realtor — not the 70% value that most cash buyers offer. And, with companies like Clever, you can net even more from your sale with their pre-negotiated low commission rates.

A free consultation with a member of Clever's Concierge Team can help you assess your situation and find an agent who's experienced at selling homes quickly in Utah.

💰 Clever can help you sell fast for a better price!

Cash buyers can be a good option if you need to unload an unwanted, distressed property fast. However, if you want to sell quickly without sacrificing a ton of equity, Clever is one of your best alternatives.

Clever sellers typically get offers 2.8 times faster than the national average AND save an average of $9,000 in realtor fees.

✍️ Editor’s note

The information in the reviews below is publicly available. Unfortunately, though, We Buy Houses companies are not particularly transparent or willing to share information with non-clients.

Our advice:

  • Read any contracts carefully

  • Don’t pay for anything upfront

  • If it doesn’t feel right, walk away

  • Reach out to multiple companies and compare offers

Express Homebuyers

Express Homebuyers

Express Homebuyers

Phone Number

877-804-5252

Time to Offer

7 minutes

Time to Sale

7 days

Details
Locations
Reviews

Express Homebuyers is a national service that has partnered with local investors across the country to buy houses for cash.

Steps to sell with Express Homebuyers:

  1. Submit your home's information to receive an initial "as is" offer
  2. Meet with the local investor to assess your property and answer any questions
  3. Discuss the local investor's final cash offer and, if you're willing to sell, sign a sales agreement then and there
  4. Choose a closing day on your schedule
  5. Show up on the day of the sale to sign the paperwork and receive cash within hours

As of May 2021, Express Homebuyers had an average positive rating of based on 100+ reviews across Google and Yelp.

SHOW MORE

Utah Sell Now LLC

Utah Sell Now LLC

Utah Sell Now

Phone Number

(801) 383-2233

Time to Offer

24 hours

Time to Sale

7 days

Details
Locations
Reviews

Utah Sell Now LLC is a local, Utah property investor that buys homes for cash in select cities across the state. To sell your home to Utah Sell Now LLC you can:

  • Submit your property info by phone or online
  • Receive a no-obligation offer for your home within 24 hours
  • Choose a closing date as soon as 7 days after accepting the offer

Utah Sell Now LLC buys homes in and around the Salt Lake City area.

As of May 2021, Utah Sell Now LLC has an average very positive rating of based on 138 customer reviews across Google and Facebook. It also has an A+ rating on the Better Business Bureau.

SHOW MORE

Fast Home Offer Utah

Fast Home Offer Utah

Fast Home Offer Utah

Phone Number

(801) 648-7942

Time to Offer

24 hours

Time to Sale

7 days

Details
Locations
Reviews

Fast Home Offer Utah is a local, Utah property investor that buys homes for cash in select cities across the state. To sell your home to Fast Home Offer you can:

  • Submit your property info by phone or online and set up an appointment for an investor to view your property
  • Show your home and receive a no-obligation offer for your home
  • Choose a closing date as soon as 7 days after accepting the offer

Fast Home Offer LLC buys homes in the following Utah areas: Ogden, Salt Lake City, Layton, Brigham City, Roy, Sandy, Provo, Bountiful, West Jordan, Taylorsville, Farmington, Orem, West Valley City, Tooele, Kearns, Lehi, Morgan, Logan, Millcreek, St. George, Herriman.

As of May 2021, Fast Home Offer Utah has an average very positive rating based on Google reviews. It also has an A+ rating on the Better Business Bureau.

SHOW MORE

Enlight Homebuyers

Enlight Homebuyers

Enlight Homebuyers

Phone Number

(800) 655-8322

Time to Offer

24 hours

Time to Sale

48 hours

Details
Locations
Reviews

Enlight Homebuyers is a national property investing company that buys homes for cash in select areas across the United States.

Experience may vary depending on the state you’re selling in, but in general, to sell your home to Enlight Homebuyers:

  • Schedule a home visit or phone appointment to relate the details of your property to an Enlight representative
  • Get a cash offer on-site or over the phone
  • Close on your own schedule - in some cases as soon as 48 hours after

Enlight Homebuyers operates in several states:

As of May 2021, Enlight Homebuyers has an average positive rating based on 15 customer reviews.

SHOW MORE

Summit Home Buyers

Summit Home Buyers

Summit Home Buyers

Phone Number

(801) 410-0341

Time to Offer

24 hours

Time to Sale

7 days

Details
Locations
Reviews

Summit Home Buyers LLC is a local, Utah property investor that buys homes for cash in select cities across the state. To sell your home to Summit Home Buyers LLC you can:

  • Submit your property info by phone or online and set up an appointment for an investor to view your property
  • Show your home and receive a no-obligation offer for your home
  • Choose a closing date as soon as 7-10 days after accepting the offer

Summit Home Buyers LLC buys homes in the following Utah areas: Bluffdale, Cottonwood Heights, Draper, Holladay, Midvale, Murray, North Salt Lake, Ogden, Price, Riverton, Sandy, South Jordan, South Salt Lake, Spanish Fork, Taylorsville, West Jordan, West Valley City.

As of May 2021, Summit Home Buyers LLC has an average rating of 4.1/5 based on 9 customer reviews on Google. It also has an “A” rating on the Better Business Bureau.

SHOW MORE

» LEARN: These are the best national We Buy Houses for Cash companies

What is a We Buy Houses company?

We Buy Houses companies and other cash buyers offer a fast solution for homeowners. They purchase houses “as-is” — that is, in their current condition, without any repairs or prep — and pay in cash.

These companies exist because the traditional home selling process doesn’t work for everyone. For example, in Utah, a typical home sale can take 84 days from listing to closing. Some homeowners can’t wait that long.

Further, these companies are another option for sellers with homes in such poor condition that they wouldn't qualify for financing from traditional buyers.

When to use a We Buy Houses company

For home sellers who need to sell in a hurry, want to avoid paying for repairs out of pocket, or are looking for a more convenient selling method, a cash buyer can be a great option.

But they're not right for everyone.

To ensure a profit, We Buy Houses for Cash companies in Utah make offers that are well under fair market value — about 30% less. On a $250,000 home, that means you'd lose out on around $75,000.

Put simply, the speed and convenience these companies offer don't always outweigh the hit you'll take to your bottom line. In many cases, you’re better off working with a full-service real estate agent on the open market to get the most value for your home.

Make more money selling your house!

Clever can match you with a full-service agent so you can sell fast and get top dollar for your home.

How a We Buy Houses company works

While the smaller details and timeline vary from company to company, We Buy Houses companies in Utah all share the same basic business model.

  • An interested home seller reaches out directly to the cash buyer company
  • The company assesses the property, focusing on factors like necessary repairs and potential resale value
  • Based on the amount of time and money it will to need to invest in the property, the company makes an "as-is" cash offer
  • If the homeowner accepts, the deal closes quickly because there's no need to negotiate, wait for financing approval, or inspect and appraise the property
  • The cash buyer repairs the home and then resells it for a profit

The quick process benefits homeowners who don't have the resources or time for a traditional sale.

For perspective, according to realtor.com, houses typically spend 39 days on the market in Utah before the seller accepts an offer. Then there's the closing process, which takes between 30 to 45 days if the buyer is applying for a mortgage. That means it can take the typical seller up to 84 days to finalize the sale.

In comparison, some We Buy Houses for Cash companies in Utah can complete the whole process in as few as seven days.


Traditional Process
Cash Buyer Process
Prepping the House
Days to months, depending on the condition
None — these companies buy homes "as-is"
Time to Offer
39 days
2 days or fewer
Closing Process
30-45 days
7 days or fewer

Ballpark vs. official offers

Many Utah We Buy Houses companies advertise that they'll send you an offer in as few as seven minutes. This is not an official offer.

After talking to a company representative, they'll give you a ballpark estimate of what they'll pay. Very few companies will make a binding offer sight-unseen — and if they do it'll be substantially lower to account for possible issues.

Once you schedule an in-person inspection, the company will present a legal offer, often on the spot.

Who actually buys your home

Some of the bigger, well-known We Buy Houses companies in Utah aren't actually buying your home. Instead, it's a network of local investors or the company simply refers interested sellers' information to local house flippers.

In these cases, how long the process takes will depend on the investors in your area.

For example, we called a few We Buy Houses companies that advertised offers in less than an hour… and none of them responded within that time frame.

We Buy Houses companies pros and cons

✅ Pros
  • Fast, certain cash offers: Most companies will send an offer within 24 hours. And, there's no chance of the deal falling through because a mortgage application is denied or the buyer gets cold feet.
  • Sell your home "as-is": These companies will usually buy your home regardless of condition (and deduct the cost of repairs from the offer price).
  • Schedule your own closing date: Instead of going through the typical 30-45 day closing process, you can close in as few as seven days.
  • Low closing costs: Many Utah We Buy Houses companies will cover typical closing costs. This can save you 1-3% of your final sale price.
❌ Cons
  • Lower offers: To ensure they make a profit, these companies will offer 70% of your home's market value, minus the cost of necessary repairs.
  • No negotiating: You can either take an offer or leave it. The company won't negotiate, even if you disagree with its evaluation of your property.
  • Predatory tactics: Many sellers considering a cash buyer are in a difficult situation, like foreclosure. Some companies, unfortunately, take advantage of your situation. Never sign anything because you feel pressured. Instead, be prepared to walk away if something doesn't feel right.

Frequently-asked questions

What are the best alternatives to We Buy Houses companies?

How much will We Buy Houses companies in Utah pay?

We buy houses companies use the 70% offer rule to ensure they'll make a profit. Basically, the 70% rule says the buyer shouldn't pay more than 70% of the home's After Repair Value (ARV) — what they hope to sell the house for — minus repairs.

On a Utah home that would sell for $150,000 on the open market, they may only pay $105,000. Selling a home that's worth $300,000? You may only see an offer for $210,000.

How much does selling a home to a We Buy Houses company in Utah cost?

On the surface, nothing. These companies don't charge you fees to buy your home. You'll also avoid many traditional selling costs, like realtor commissions and closing costs.

When you add all these expenses up, selling to a cash buyer can have significantly fewer upfront costs than a typical home sale. However, given the lower prices they offer, the savings don't always make up the difference. You could end up with much less in your pocket at the end of the day.

Here's how much a seller in Utah can walk away with using your state's median listing price of $571,654, average selling costs, and carrying costs (that is, the daily cost of owning a home, including utilities, mortgage, and taxes).


Selling to a We Buy Houses Company
Selling with a Traditional Realtor
Selling with Clever
Home value*
$342,992^
$571,654
$571,654
Repair costs**
$0
$5,000
$5,000
Seller concessions
$0
$10,576
$10,576
Staging costs**
$0
$1,409
$1,409
Closing costs
$0
$11,433
$11,433
Carrying costs
$544
$2,040
$1,639
Commissions and service fees
$0
$29,535
$20,484
Take Home
$342,448
$511,661
$521,113
*Based on the average listing price for the last 12 months (realtor.com)
^70% rule and assuming the house needs 10% of its ARV in repairs
**Based on HomeAdvisor national average

Are We Buy Houses for Cash companies scams?

In general, We Buy Houses companies in Utah are not out to scam you. Some are national franchises and others are family-owned. In both cases, they rely on their reputation to close deals, so there is little incentive to scam people.

That being said, as with any industry, there are bad apples. If a "cash buyer" approaches you, check that they have an established web presence and customer reviews before giving them your personal information.

Also read all the fine print on any contract they present. Look up words or terms you don't understand. And never assume the contract says what you agreed to verbally.

Most importantly, look at the contract's contingencies. These are the conditions that allow the buyer to back out of the sale or change terms. Unless you understand the contingencies, you could be taken advantage of.

Additional resources for home sellers in Utah

Better real estate agents at a better rate

Enter your zip code to see if Clever has a partner agent in your area.

If you don't love your Clever partner agent, you can request to meet with another, or shake hands and go a different direction. We offer this because we're confident you're going to love working with a Clever Partner Agent.