We ranked 11 cash buyers who buy homes in the Richmond, Virginia area. Read on for the full list of companies, or use our tool to compare cash offers from vetted buyers in your zip code.
What is a cash home buyer company? (more)
- Companies that buy houses for cash buy almost any Richmond property, including homes that need repairs or homes with complicating factors, like title issues or tax defaults, that could make a regular sale difficult.
- Cash home buyers typically pay in cash, so they can often help you sell your house faster than a conventional buyer who has to wait to get approved for a mortgage — sometimes within just a few days.
- Buying complicated properties quickly brings a lot of risk, so these investors typically pay less for homes than you would get in an open market sale, to ensure they don’t end up taking a loss.
- This tradeoff can be well worth it for sellers who need speed, certainty, privacy, or problem-solving to get a deal done. Just make sure to thoroughly vet any cash home buyer and get multiple offers to compare. It's also worth considering alternatives like selling with a low commission realtor.
Should I sell to a cash home buyer? (more)
- You may want to consider a cash home buyer company if you’re selling a house with complications (poor condition, title problems, difficult location) or need to sell to as soon as possible (pre-foreclosure, inherited property, divorce, relocation for work) and can't afford the uncertainty of selling on the open market.
- If you need to sell fast or on a very specific timeline and your home is relatively new and in good condition, you may want to consider an iBuyer instead. iBuyer companies offer similar speed and flexibility but pay closer to fair-market value.
- If you have a bit of timeline flexibility, it’s worth finding a real estate agent to get a free comparative market analysis so you know what you could get for your home on the open market. Listing with an agent means less control over timing but will generally net you the most money in the end.
Top companies that buy houses for cash in Richmond, Virginia
Explore all Richmond, Virginia cash home buyers
Our Rating
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Things to know: 25 reviews and 4.4 average rating in past 6 months | Very good 4.7 rating with 394 reviews | BBB accredited with A+ rating and 23 complaints | Active for more than 9 years, with 101 months of verified activity
Potential concerns: Website not verified | High number of BBB complaints (23)
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Things to know: 16 reviews and 5 average rating in past 6 months | Excellent 5 rating with 17 reviews | Active for more than 5 years, with 43 months of verified activity | Excellent transparency signals on website
Potential concerns: Responds to a low percentage of customer reviews | Does not respond quickly to customer reviews | Not BBB accredited | Limited verifiable company track record
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Things to know: 6 reviews and 5 average rating in past 6 months | Excellent 4.9 rating with 22 reviews | Active for more than 4 years, with 38 months of verified activity | New customer review activity in 34% of months
Potential concerns: Responds to a low percentage of customer reviews | Does not respond quickly to customer reviews | No verified BBB profile | Irregular or inconsistent verifiable company activity
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Things to know: BBB accredited with A+ rating and 3 complaints | Active for more than 4 years, with 34 months of verified activity | New customer review activity in 21% of months | Excellent transparency signals on website
Potential concerns: Low 3.7 customer review rating | Responds to a low percentage of customer reviews | Does not respond quickly to customer reviews | Irregular or inconsistent verifiable company activity
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Things to know: 9 reviews and 5 average rating in past 6 months | Excellent 4.9 rating with 42 reviews | Active for more than 5 years, with 45 months of verified activity | New customer review activity in 38% of months
Potential concerns: Responds to a low percentage of customer reviews | Does not respond quickly to customer reviews | No verified BBB profile | Irregular or inconsistent verifiable company activity
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Things to know: 32 reviews and 4.7 average rating in past 6 months | Mediocre 4.3 rating with 48 reviews | BBB accredited with A+ rating and 3 complaints | Active for more than 3 years, with 28 months of verified activity
Potential concerns: Responds to a low percentage of customer reviews | Does not respond quickly to customer reviews | Website missing important credibility signals | Irregular or inconsistent verifiable company activity
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Things to know: Very good 4.8 rating with 30 reviews | Active for more than 4 years, with 42 months of verified activity | New customer review activity in 43% of months | Good transparency signals on website
Potential concerns: Responds to a low percentage of customer reviews | Does not respond quickly to customer reviews | No verified BBB profile | Low average customer review rating in recent customer reviews
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Things to know: Excellent 5 rating with 19 reviews | Active for more than 7 years, with 69 months of verified activity | New customer review activity in 20% of months | Responds to 68% of customer reviews within 7 days
Potential concerns: Website missing important credibility signals | No verified BBB profile | Irregular or inconsistent verifiable company activity | Few customer reviews in last 6 months
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Things to know: 5 reviews and 5 average rating in past 6 months | Very good 4.7 rating with 25 reviews | Active for more than 9 years, with 102 months of verified activity
Potential concerns: Does not respond quickly to customer reviews | Website missing important credibility signals | No verified BBB profile | Limited verifiable company track record
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Things to know: Active for more than 2 years, with 16 months of verified activity | Responds to 100% of customer reviews within 7 days | Good transparency signals on website
Potential concerns: Low number of customer reviews | No verified BBB profile | Limited verifiable company track record | Irregular or inconsistent verifiable company activity
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Things to know: 4 reviews and 4 average rating in past 6 months | Good 4.6 rating with 10 reviews | Active for more than 3 years, with 19 months of verified activity | New customer review activity in 37% of months
Potential concerns: Responds to a low percentage of customer reviews | Does not respond quickly to customer reviews | Website missing important credibility signals | No verified BBB profile
Next steps: Start requesting cash offers
Related articles and resources
What you should know about cash home buyers
- Cash home buyers can be useful if you have a complicated home sale, you want to sell your house fast, you've inherited a house, or you have goals that would be difficult to achieve selling with a real estate agent on the open market. Your options, offer prices, and closing speed will depend on your situation.
- You may need to contact numerous cash buyers to get workable offers. Cash buyers are investors with varying budgets, goals, and constraints. Some will pay cash for almost any home under any circumstance at any time. Others specialize in locations, price ranges, property types, or situations.
- Cash offers will be unique to your home. How much "we buy houses for cash" companies will pay — and how fast they can close — depends on the home and situation. Investors can pay more for turnkey properties than those in need of major repairs.
- The selling process is condensed. Some companies that buy houses for cash can close deals within 2–3 days. However, Chesapeake houses with complicated legal issues could take months to close.
- Most cash home buyers pay closing costs. You won't have to pay any unexpected fees on your closing date. Companies that buy houses for cash usually factor the seller's closing costs into their offer.
- Requesting a cash offer is always free, and there’s zero obligation to accept it. You may not get the fair market value many sellers get using a real estate agent. But you decide if you're offered a fair price and if the terms are acceptable based on your situation. If you feel pressured to accept an offer, walk away. If you suspect a scam or financial exploitation, the Consumer Financial Protection Bureau recommends you report it to the Federal Trade Commission and take these additional steps.
How to choose a cash home buyer and get good offers
- Make sure the cash buyer is legit. Stick to buyers with credible websites that include owner information and video testimonials from real customers. Look for a solid number of legitimate positive customer reviews on established, external platforms like Google. Also, look for companies with Better Business Bureau (BBB) profiles accredited with A+ ratings.
- Verify the buyer has the funds. Ask the buyer for an official proof of funds (POF) letter from their bank. Experienced and legitimate cash home buyers will expect this question or provide the POF without you even asking. The cash buyer should also provide a sufficient earnest money deposit (usually 1–2% of the sale price) when you go under contract, which represents their commitment to the sale.
- Get multiple cash offers. Just like when getting quotes from contractors or shopping for the best mortgage rates, getting several offers from legit "we buy houses for cash" companies to compare and choose from will help you get the best terms and outcome.
Selling a House As-Is: What You Need to Know: We share the main factors that affect how much you may gain (or lose) when you sell as-is.
10 Best Companies That Buy Houses for Cash: Our team spent hundreds of hours researching "we buy houses" companies and iBuyers. Many of these companies have local franchises throughout the nation.
How we rank cash buyers
Data sources
Our research team evaluated 11 cash home buyers serving Richmond, Virginia. The companies that met our minimum criteria are included in the list above. Our team also compiled and analyzed 154,741 publicly available data points tied to past transactions, customer reviews, and more to evaluate each of the Richmond home buyers and create our final list and rankings.
Methodology
Our team used public business directories to identify every company serving the Richmond area calling itself a cash home buyer. We filtered that list and ranked the top options based on the following criteria:
- Credibility: Is the company a legitimate and safe option? Before we recommend any company, we assess its owners and/or team members, customer testimonial videos, Better Business Bureau status, total Google reviews, and the legitimacy of those reviews.
- Activity: Is the company actively buying a large number of homes? We consider Google and BBB reviews an indicator of sales activity. We examine how many reviews the company has had in the past six months and whether the company responds to its reviews.
- Satisfaction: Are sellers generally happy with their experience and outcome? We gauge how compassionate, helpful, fair, and reliable a cash home buyer is by evaluating its Google and BBB reviews for average rating, total reviews, and negative reviews.
Our team also highlighted the company's availability based on where it operates.
- Local: Operates in Richmond
- Statewide: Operates throughout Virginia
- Multi-state: Operates throughout Virginia and at least one other state
- Nationwide: Operates in all states
✍️ Editor’s note: We don't disqualify a company for limited or missing data, but we do lower the company’s ranking. We base our rankings on objective measurements and can only measure what we see. We regularly search for missing data to update our rankings accordingly.