Opendoor Competitors: The Best Companies for Competing Offers

Offer Process: After a brief discussion about your property, Clever walks you through your options and reaches out to buyers who can offer a solution. Buyers contact you directly with offers, which you can accept or reject without obligation. Clever provides full support through closing to resolve any concerns or questions. Learn how Clever Offers works.

Closing Timeline: Most cash buyers can close in 1–3 weeks, but will work with you if you need longer. Some deal types may have longer closing timelines.

Fees and Costs: Clever's service is free for sellers - investors pay Clever a small percentage of the final sale price if a deal closes. If you opt to list your house instead, you can save on realtor commissions through Clever's top-rated agent network.

Purchase Criteria: Almost any property is eligible, since Clever works with multiple types of cash buyers.

Locations: Clever Offers is available nationwide, but offer selection may be limited in more rural areas.

Offer Process: To get an Offerpad cash offer, you submit information about your home online, including details like square footage, age, layout, and desired closing date. Within 24 hours, you'll receive an initial cash offer, contingent on a home inspection. You have 4 days to accept. See how Offerpad works.

Closing Timeline: If you accept Offerpad's initial offer, they schedule an inspection within 15 days. After the inspection, you get a revised offer factoring in repair costs. You can pick a closing date within an 8–90 day window.

Fees and Costs: Offerpad charges a 5% service fee on the offer price. You'll also pay standard 1-3% closing costs. If canceling after 4 days post-inspection, there is a 1% cancellation fee.

Purchase Criteria: Offerpad buys relatively well-maintained single-family homes, townhomes, and condos built after 1950, valued under $1 million, and on lots up to 1 acre. They don't buy homes with significant issues.

Locations: Offerpad operates in 24 metro areas across AZ, CO, FL, GA, IL, IN, KS, MO, NV, NC, OH, SC, TN, and TX.

Process: Apply online to get pre-approved for Knocks Bridge Loan, based on your credit and home equity. You'll buy your new home, move in, and prepare your old home for listing with funds from Knock. Choose your own agent and mortgage lender. If your home doesn’t sell in six months, you can accept Knock’s backup offer instead. Learn Knock how works.

Fees and other costs: Knock's fees include a 2.25% service fee, plus about $1,850 in loan costs. This is on top of traditional realtor commissions and closing costs, such as title and transfer fees.

Timeline: The initial loan application takes around four days, and you'll have 6 months to purchase your new house and sell your old one.

Purchase criteria: Knock works for single-family homes, townhomes, and some condos. Homes must be in good condition, without unpermitted additions, and have a maximum list price of $1.2 million ($2 million in high-priced markets). Manufactured/mobile homes, multi-family or age-restricted properties are ineligible.

Locations: Knock is available in AZ, CA, CO, DC, FL, GA, IL, MD, MI, MN, NC, NJ, OH, OR, PA, SC, TN, WA, and WI.

Offer Process: Get an initial estimate to qualify for a home loan with Orchard, then use it to make a non-contingent offer on a new home. After moving, Orchard lists your old home. If it doesn't sell within 120 days, you can accept Orchard's cash offer. Learn how Orchard works

Timeline: You'll have flexibility in your closing timeline, but Orchard only advances 4 months of mortgage payments. You have 120 days to sell on the open market before accepting Orchard's backup offer.

Fees & Costs: Total fees are high at 9-16%, including closing costs, repairs, and service fees. Loan fees and rent could increase costs further.

Eligibility: Most single-family homes built after 1920, worth $200k-$1M ($1.5M in Austin/Denver). Condos worth $200k-$750k are also eligible.

Locations: Orchard buys homes in the following metros: Atlanta, Austin, Dallas–Fort Worth, Denver, Houston, San Antonio.

We Buy Houses is a solid choice if you need to sell fast or have a home that’s difficult to sell. You don’t need to worry about repairs and can close extremely quickly, sometimes in just a week.

The company has been around since 1997, carefully vets its investors' reputations, and is available in most of the U.S. 

Franchise owners have a high degree of independence when it comes to the types of offers they can make. While the customer experience may vary between locations, most offices maintain above-average ratings. See our full We Buy Houses review.

Offer process: Submit information about your property and a company rep will come to your house. You’ll receive a no-obligation cash offer within 24-48 hours following the inspection, which you're free to accept or reject. Learn how We Buy Houses works.

Closing timeline: You can close in as little as seven days and you can choose your own closing date. Money will be deposited in your account in as little as ten days from signing the purchase agreement.

Fees & other costs: Typically there are no fees, closing costs, or realtor commissions. However, if you already have a realtor, you’ll likely need to pay their commission (typically 2.5–3%).

Purchase criteria: Franchise licensees can make offers on nearly any property, regardless of the condition, but most will not purchase mobile homes.

Locations: We Buy Houses has 200 offices across 30 U.S. states and Washington, DC.

Process: Submit your property information online and talk to a Home Consultant. HomeLight fields offers from multiple cash buyers, allowing you to compare. If you accept, you choose your own closing date. Learn how HomeLight Simple Sale works.

Closing timeline: You’ll receive your offer within a week and you can close in as little as 10 days. You’re free to choose your own closing date.

Fees & other costs: HomeLight Simple Sale is free to use and there are no commissions or closing costs associated with a cash offer. If you sell with a realtor, expect to pay a traditional listing fee of 2.5–3%.

Purchase criteria: Any property is eligible. If no investors are available to make offers, you have the option of listing as is with a HomeLight partner agent.

Locations: HomeLight Simple Sale is available nationwide. However, offers may be limited in some areas.

Offer process: Submit your property info online and get an initial offer within 48 hours. Following a brief virtual/exterior inspection, you’ll get a final offer, which may be lower. You can accept your cash offer, choose to list it with an Opendoor agent, or walk away. Learn how Opendoor works.

Closing timeline: You can choose a closing date 14–60 days after receiving your final offer. On your move-out day, you’ll need to provide photos of the property.

Fees & other costs: Opendoor charges a 5% service and closing costs of ~1%. Repair estimates will be deducted from your offer and can vary a lot, from less than 1% to over 5%.

Locations: Opendoor is currently available in 53 major markets in AL, AZ, CA, CO, FL, GA, ID, IN, KS, MA, MI, MN, MO, NV, NJ, NM, NY, NC, OH, OK, OR, SC, TN, TX, UT, VA, and Washington, DC.

Purchase criteria: Only single-family homes, townhomes, certain condos built after 1930, valued between $100,000 and $600,000 (up to $1.4 in some markets), and on a maximum lot of 1 acre (2 in some markets). Must be owner-occupied without any serious issues.