Top 6 'We Buy Houses' Companies on Long Island

Thomas O'Shaughnessy

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Thomas O'Shaughnessy

May 22nd, 2023
Updated May 22nd, 2023

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Best 'we buy houses' companies on Long Island | Other 'we buy houses' companies near NYC | What are 'we buy houses' companies? | How do they work | Alternatives | FAQ

If you're looking for the fastest way to sell a home, "we buy houses" companies on Long Island are a good option. Also known as "we buy ugly houses" companies or cash home buyers, these companies can provide a cash offer in only a day and close in just a matter of days or weeks, with no closing costs. But they typically pay only 70% of the fair market value for the home.

We picked Sell Now Homebuyers as the best "we buy houses" company serving Long Island for its excellent reviews and local buyer status. While Sell Now Homebuyers is a good company to start with, we recommend getting offers from at least three or four additional companies so you can compare offers.


Top 'we buy houses' companies on Long Island

  1. Sell Now Homebuyers: Excellent reviews
  2. Suffolk County House Buyers: Local buyer
  3. CoMax Properties: Great reviews
  4. Long Island Cash For Homes: Long Island-based buyer
  5. We Buy Ugly Houses: National brand, local buyers
  6. Fast Home Offer: Near-instant offers

If you have a Long Island house in good condition, you’ll likely earn more by selling with a real estate agent. It'll take a bit longer to sell, but the extra money could be worth the wait. Whatever you choose, explore all of your options first.

To easily compare your options, try Clever Offers. With Clever Offers, a local agent shops for cash offers from the top "we buy houses" companies on Long Island on your behalf. You also get a professional home valuation so you know what your home is REALLY worth. Your agent can help you compare cash offers, negotiate to get a fair price, or list your home on the open market if you want more money.

Best companies that buy houses for cash on Long Island

To find the best cash home buyers on Long Island, we compared offer times, closing date windows, local market knowledge, and company reputation according to customer reviews.

Here's our advice for working with "we buy houses" companies:

  • Contact multiple companies to compare offers
  • Read contracts carefully
  • Don’t pay for anything up front
  • If you don't think an offer is fair, walk away

Sell Now Homebuyers

Sell Now Homebuyers

Website

Phone Number

(914) 559-2579

Time to Offer

24 hours

Time to Sale

21 days

Why We Chose It
Details
Locations
Reviews

We picked Sell Now Homebuyers because it's a local buyer with excellent reviews on Google.

Sell Now Homebuyers is a group of local, New York property investors that buys homes for cash in the New York tri-state area. To sell your home to Sell Now Homebuyers, expect to:

  • Fill out their online form with home details
  • Set up a call to discuss your offer, and accept or decline immediately
  • Close in less than a month

Sell Now Homebuyers primarily operates in:

Sell Now Homebuyers received an average of 4.9 stars from 31 customer reviews.

Google: 4.9 stars/36 reviews
Facebook: 1 star/1 review

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Suffolk County House Buyers

Suffolk County House Buyers

Website

Phone Number

(631) 825-7957

Time To Offer

24 hours

Time to Sale

3 weeks

Why We Chose It
Description
Locations
Reviews

Suffolk County Homebuyers makes our list of top "we buy houses" companies because it understands the Long Island housing market.

Suffolk County House Buyers is a local property investor that buys homes for cash in Suffolk County, New York and the surrounding areas. To sell your home to Suffolk County House Buyers, you can:

  • Submit an online form, giving details about your property
  • Set up an appointment for an investor to view your home
  • Receive a no-obligation offer
    Choose a closing date and sell your home


For more information, including specific areas of operation, terms of service, and other details, we recommend reaching out to the company directly.

Suffolk County House Buyers buys homes in the following areas:

Babylon
Islip
Smithtown
Brookhaven
Long Island
Southampton
East Hampton
Riverhead
Southold
Huntington
Shelter Island


Suffolk County House Buyers received an average of 4.8 stars from 60 customer reviews. It's accredited by the Better Business Bureau and it has an A rating.

Google: 4.8 stars/34 reviews
Facebook: 4.8 stars/26 reviews

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CoMax Properties

CoMax Properties

Website

Phone Number

(516) 704-7025

Time To Offer

24 hours

Time to Sale

Time to Sale

Why We Chose It
Description
Locations
Reviews

CoMax Properties makes our list because it's a local Long Island-based cash buyer with great reviews.

CoMax Properties is a local property investor that buys homes for cash on Long Island and the surrounding areas. To sell your home to CoMax Properties, you can:

  • Submit an online form, giving details about your property
  • Set up an appointment for an investor to view your home
  • Receive a no-obligation offer
  • Choose a closing date and sell your home


For more information, including specific areas of operation, terms of service, and other details, we recommend reaching out to the company directly.

CoMax Properties buys homes in the following areas:

Nassau County
Deer Park
Nesconset
Centereach
Huntington Station


Check CoMax's website for a complete list of areas it services.

CoMax Properties received an average of 5 stars from 41 customer reviews. It's accredited by the Better Business Bureau and it has an A+ rating.

Google: 5 stars/22 reviews
Facebook: 5 stars/15 reviews
Yelp: 5 stars/4 reviews

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Long Island Cash For Homes

Long Island Cash For Homes

Website

Phone Number

(516) 652-8678

Time To Offer

N/A

Time to Sale

5 days

Why We Chose It
Description
Locations
Reviews

We picked Long Island Cash For Homes as a top "we buy houses" company because it's a local buyer with great reviews.

Long Island Cash For Homes is a local property investor that buys homes for cash on Long Island and in the surrounding areas. To sell your home to Long Island Cash For Homes, you can:

  • Submit an online form, giving details about your property
  • Set up an appointment for an investor to view your home
  • Receive a no-obligation offer
  • Choose a closing date and sell your home


For more information, including specific areas of operation, terms of service, and other details, we recommend reaching out to the company directly.

Long Island Cash For Homes buys homes in the following areas:

Wantagh
West Islip
Merrick
Bethpage
East Rockaway
Massapequa Park
Levittown
Franklin Square
Long Beach


Check Long Island Cash For Home's website for more information about its service areas.

Long Island Cash For Homes received an average of 5 stars from 20 customer reviews.

Facebook: 5 stars/19 reviews
Yelp: 5 stars/1 review

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We Buy Ugly Houses

We Buy Ugly Houses

Full review

Phone Number

(866) 288-9516

Time to offer

Varies

Time to sale

Varies

Why we chose it
Details
Locations
Reviews

We Buy Ugly Houses is a nationally recognized brand with a solid reputation. The company has over 800 franchises across the U.S., so be sure to check reviews for the individual location you plan to contact.

We Buy Ugly Houses is a property investor that buys homes for cash in over 800 locations across the U.S. To sell your home to We Buy Ugly Houses you can:

  • Submit information about your property online or by phone and set up an appointment for an investor to see your home
  • Show your home to the investor and receive a no-obligation offer
  • Set a closing date on your own schedule as soon as 3 weeks after accepting the offer

We Buy Ugly Houses has over 800 independently owned and operated franchises across 47 states and Washington, DC.

We Buy Ugly Houses's parent company, Homevestors, has an A+ rating on the Better Business Bureau. No other third-party reviews are available at this time.

This rating is based on overall national data. Research local franchises for specific reviews that reflect their quality of service.

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Fast Home Offer

Fast Home Offer

Website

Phone Number

888-424-4722

Time to Offer

1-2 days

Time to Sale

7-14 days

Why We Chose It
Details
Locations
Reviews

Fast Home Offer combines the expertise of local buyers with the purchasing power of national investors. It can close on a home sale in just one or two weeks.

Fast Home Offer is a national service that has partnered with local investors across the country to buy houses for cash.

Steps to sell with Fast Home Offer:

  1. Submit a form on Fast Home Offer's website, and a local investor will contact you to gather more information about your home
  2. It's possible that a cash offer can be made on the phone, but if not, schedule a visit for the investor to view the property. After the property is evaluated, the investor may present an offer
  3. Once an offer is accepted, a closing date can be set within 7-14 days, depending on your individual situation

Fast Home Offer received an average of 3 stars from 4 customer reviews. It's accredited by the Better Business Bureau and it has an A+ rating.

BBB: 3 stars/4 reviews

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»MORE: See our picks for other "we buy houses" companies in New York State

What is a 'we buy houses' company?

"We buy houses" companies are backed by investors. These investors purchase homes to fix and resell for a profit. They buy homes in as-is condition — without any repairs or prep — and pay in cash.

The home buying process for "we buy houses" companies is different from a traditional sale. Since cash buyer companies typically pay only up to 70% of the home's value, some people wonder if "we buy houses" companies are a scam.

But these companies have little incentive to scam sellers. They're investors who rely on their reputation to close deals. However, they are motivated by profit. They make lower offers so they can pay for renovations and still turn a profit when they resell.

»MORE: Are "we buy houses" companies a rip-off?

How do 'we buy houses' companies work?

Details vary, but all "we buy houses" companies on Long Island share the same basic business model:

  1. A home seller reaches out directly to a cash buyer company.
  2. The company assesses the property, considering factors like necessary repairs and potential resale value.
  3. The company makes an as-is cash offer based on the time and money it'll need to invest in the property.
  4. If the homeowner accepts, the deal closes quickly. There's no need to negotiate, wait for financing approval, or inspect and appraise the property.
  5. The cash buyer repairs the home and resells it for a profit.

Alternatives to 'we buy houses' companies on Long Island

If the offers you get from "we buy houses" companies are too low, you have other options to sell your home. The best option for you depends on your home's condition and how much time you have to sell.

Get cash offers with Clever

If you need to sell your home quickly on Long Island, consider working with a real estate agent who can protect your best interests and maximize your sale price.

When you work with a local Clever agent, they can request cash offers on your behalf from companies that buy houses.

Your agent will present the offers to you, help you understand the pros and cons of each one, AND help you negotiate with cash buyer companies.

They'll also give you a free home estimate so you know what your home is REALLY worth on the open market. This estimate can help you decide if selling to a cash buyer company is worth it or if you'd rather list with an agent for maximum value.

Sell to an iBuyer

Selling to an iBuyer may be a good option if your home is in great condition and you need to sell within a few weeks. On Long Island, you can consider iBuyers like Opendoor. These companies provide instant cash offers that are typically much closer to market value than an offer from a "we buy houses" company.

There are pros and cons to working with an iBuyer. For example, selling to an iBuyer is convenient, but they charge a service fee of 5% or more. You'd also need to pay 1–3% in closing costs plus the cost of any repairs the iBuyer requests. Before deciding, estimate your total earnings from selling to an iBuyer to see if it's worth it.

»LEARN: Should I sell to an iBuyer?

Note: Time to offer, time to sale, reviews, and other data points are current as of when this article was last updated.

Frequently asked questions

How much do 'we buy houses' companies pay?

Usually, "we buy houses" companies offer just 50-70% of a home's value. Low offers like this allow these companies to make offers and leave room for the cost of renovations. Unless you have to sell immediately, it is almost always better to list your home as-is on the open market.

Do I need an attorney to sell a house in New York City?

An attorney is required to sell a home across New York State, even when selling to a "we buy houses" company. The seller and buyer are responsible for hiring their own lawyers.

Additional resources for home sellers on Long Island

Better real estate agents at a better rate

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