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Sellfast.com is an online company that claims to match homes sellers with local cash buyers who can close in just a few weeks.
While there’s no evidence that Sellfast.com is a scam, there are a few things to consider before using the platform to request a cash offer.
Sellfast.com doesn’t have any reviews on trusted sites like Google, Trustpilot, or the BBB. There are no employees named on its website or affiliated with its LinkedIn profile. Also, the company rep we spoke to during our research couldn't tell us who owns the company or how they vet buyers for their network.
If you're serious about getting a cash offer, working with a more established company may be a better option.
If you’re planning to request an offer from Sellfast.com, it’s smart to compare it with a few others before deciding. Sellers who compare multiple offers often get better prices and contract terms.
A cash offer marketplace like Clever Offers can save you significant time finding reputable local buyers and seeing what they'll offer for your house. You also get professional support from Clever's 5-star rated team to see how offers match up to your home's potential sale price.
Enter a few home facts to see what offers you qualify for and sell in as little as 7 days for the best cash price — no added fees or pressure to move forward.
Is Sellfast.com right for you?
Sellfast.com promises a fast, hassle-free process, which works well for homeowners needing to move quickly. You might consider it if:
- Your property is distressed or in need of major repairs
- You’re facing foreclosure or behind on payments
- It’s an inherited property you don’t want to invest time or money into
- It’s a rental property you’d like to offload quickly
- You need fast cash due to a job relocation, divorce, financial distress, or other issue
- The property has complex title or tax issues
- There are few cash buyers available in your area
While a quick cash sale may be a convenient option in these situations, you should be prepared to take a significant financial loss for the ease of being able to walk away and leave the work to someone else.
Property investors typically aim to offer about 70% of a home's after-repair value — what they think they'll sell it for after fixing it up — minus the cost of repairs. Recent data from Redfin shows that investors typically resell homes for about 55% more than they pay.[1] Financially, most sellers will find a much better deal on the open market.
If you want to maximize the profit on your home sale, working with a real estate agent who offers competitive commission rates is usually a solid choice. Many low-commission realtors provide full service at a fraction of the cost (typically about 1.5% of the sale price vs. the usual 3%). They can work on your timeline, coordinate whatever home prep is needed before you sell, and also help you negotiate terms such as sale price, repairs, move out dates, etc.
If you’re set on selling to a cash buyer, get multiple offers from cash home buyers to ensure you get a good deal. Remember, how much an investor will pay for your house will depend on several factors — including the buyer themselves — so it’s wise to shop around.
Sellfast.com vs. alternatives
While there's no evidence the Sellfast.com is a scam, there are definitely more established companies to work with. The following competitors are highly rated and may be able to offer a better sale price or more accommodating terms to suit your situation.
» MORE: Looking for more cash buyers near you? Check out the best companies that buy houses for cash to see our comprehensive guides for all 50 states.
Sellfast.com reviews and complaints
Sellfast.com has a few testimonials on its website that highlight the company’s quick, hassle-free selling process and fair offers. However, there are no Sellfast.com reviews on trusted third-party sites like Google, Trustpilot, and the Better Business Bureau.
This lack of impartial review information makes it challenging to evaluate customer satisfaction accurately.
Sellfast.com is a relatively new company, so it may take some time for it to receive third-party reviews. We’ll re-evaluate Sellfast.com reviews and complaints as more become available.
How Sellfast.com works
Sellfast.com’s primary service is to connect home sellers with cash buyers.
It advertises an easy, three-step process:
- Step 1: Fill out the online form or call 1-800-SELL-FAST to speak with a representative and receive a preliminary offer. This offer is only an initial valuation and can change after inspection.
- Step 2: Complete an in-person or online walk-through with a Sellfast.com rep and receive a final offer on your home. You can also opt to list on the open market with a recommended agent.
- Step 3: Choose to sign the deal agreement and close on your home in a few days. Take advantage of flexible closing dates and potential moving assistance.
A company representative said that Sellfast.com itself doesn’t actually make offers on homes, so the preliminary offer is only a formality. You’ll receive a genuine offer from an investor after the walk-through.
While the company’s website says you also have the option to connect with a realtor, a company rep stated that this isn’t the case — creating credibility concerns about the company. Other cash buyers offer a much more transparent business model.
How much does Sellfast.com pay?
Sellfast.com says it gets customers competitive cash offers that are, in some cases, close to market value. However, actual offers vary by investor.
Here are some factors that could affect your home’s sale price:
- Its current condition
- Outstanding payments or taxes
- The property type
- Your selling timeline
- Market health
- The neighborhood
Real estate investors tend to pay below market value so they can sell your home for a profit later. Most offer no more than 70% of your home’s after-repair value (ARV). Because they typically take on the repair costs, the deals are often take-it-or-leave-it, with little room for negotiation.
If you need to sell your house fast, accepting a lower offer from a cash buyer may make sense — especially if you don’t owe much on the mortgage. But if you have the time and money to make repairs, it may be worth it to fix up your home a little first to get a higher offer.
Selling to a cash buyer through Sellfast.com lets you avoid the costs of working with a realtor, such as closing costs and real estate agent commission. Still, an agent can often help you get a higher sale price by providing more exposure through the multiple listing service (MLS), negotiation support, and potential competition between buyers.
If you’re concerned about paying agent fees, negotiating the realtor commission can save you thousands.
Sellfast.com fees and other costs
It’s free to request quotes through Sellfast.com. Most cash buyers don’t charge fees either, and they typically cover repairs and closing costs.
Although a company rep said Sellfast.com doesn’t match people with realtors, the service is advertised on its website. So, if you end up working with an agent through Sellfast.com, you’ll likely have to pay the agent’s commission fee of 2.5–3%.What types of homes does Sellfast.com buy?
What types of homes does Sellfast.com buy?
Sellfast.com investors buy property in any condition. Through the company, you can sell:
- Single-family homes
- Townhouses
- Condos
- Mobile homes
- Multi-family homes
- Land
Contact Sellfast.com directly to see if your property qualifies.
📍Sellfast.com locations
Sellfast.com is available nationwide. Select your local market to find additional cash offer products available near you.
Is Sellfast.com reputable?
There’s no evidence that Sellfast.com is a scam, but the lack of independent reviews and transparency regarding its ownership makes it hard to recommend the company over more established cash buyers. Testimonials on the company website are glowing, but we couldn’t verify them.
According to the company’s LinkedIn page, Sellfast.com is headquartered in Miami, but we were unable to find any information about the company’s owner or founder. There are also conflicting founding dates, with some sources saying the company was founded in 2019 and others saying 2021.
FAQs
How do 'we buy houses' companies work?
Most companies that buy houses for cash are professional real estate investors who purchase properties, fix them up, then resell or rent them out for a profit.
- Many property investors look to buy “distressed” homes (properties that need major repairs, have complex title or tax issues, or whose owners are under pressure to sell fast).
- Because investors usually pay with cash, they can close faster than retail buyers who need approval from a lender. Some can close in as few as 2-3 days after making an offer.
- Buying complicated properties fast carries a lot of risk, so investors typically pay less than you'd net on the open market to ensure they don't end up losing money on the deal.
- This tradeoff can be worth it if you need speed and certainty or can't sell your home on the open market.
- But cash investors aren't always your best or only option. We suggest trying an offers marketplace like Clever Offers, which brings you competing cash offers and other sell-fast solutions to compare so you get the best price and sale outcome.
Should I sell to a company that buys houses for cash?
Consider a cash home buyer company if you're selling a house that needs major repairs, has complicating factors (e.g., title problems, liens, tax issues), or are under pressure to sell your house fast because of pre-foreclosure, financial issues, or unexpected life changes.
If you need to sell fast and have a newer, well-maintained house, you may want to look into an iBuyer or Buy-Before-You-Sell (aka bridge loan) service, if they're available in your area. iBuyer and Bridge Loan services may help you get a higher price without sacrificing speed and certainty.
If you have a more flexible selling timeline, 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 — even if you're selling a house as-is.
Are 'we buy houses' companies a ripoff?
Most "We Buy Houses for Cash" companies are legit. But there are definitely bad actors and frauds to watch out for. Here are some quick tips that can help you avoid potential scams or predatory buyers.
- Look for an established online presence. E.g., BBB accreditation with a high letter grade; excellent customer ratings and lots of reviews (including recent ones) on third-party platforms like Google; a legitimate-looking website with info about owners, customer testimonials, and other credibility signals.
- Always request offers from more than one cash buyer. This will help ensure, at minimum, that you get a fair price and, ideally, help you net the most possible cash in the end. (Note: Clever Offers makes this process fast, safe, and easy).
- Ask for a proof of funds letter along with the cash offer. Legit and experienced cash investors should be happy to provide this to you.
- Make sure all the key details are in the contract. The earnest money deposit, sale price, closing date, and other key terms should be clearly stated in the purchase agreement. If it’s not in writing, the buyer can make last minute changes or back out of the deal and you have zero recourse.
- ⚠️ DON’T call the phone numbers on those generic “Cash for Houses” signs posted by the side of the road, especially when there are no details about the company.
- ⚠️ WALK AWAY if the cash investor or company representative is getting aggressive, pushy, or making you uncomfortable in any way.
- ⚠️ NEVER wire anyone money or give out your personal financial information without professional representation or a licensed third-party (like an attorney or title company) involved.
🚨 Important: If you or someone you know has been in contact with or possibly taken advantage of by a company you think is a scam or fraud, please (a) report it to your local police via 911 and (b) all relevant government protection agencies online:
