Finding Cash Buyers

Rank Strategy Effectiveness (1–10) Steps for FSBO Pros Cons 2025 Tools/Resources
1 Cash Offer Networks (e.g., Clever Offers, HomeLight Simple Sale) 10 1. Visit site → Enter address/property details. 2. Get 3–5 vetted offers in 24–48h. 3. Compare/negotiate (leverage your Blitz price). 4. Close via their escrow. Free; screened buyers (proven track record); no repairs needed. Offers avg. 85–90% FMV; limited to 50+ metros. Clever Offers: $500M+ volume, free comparisons; HomeLight: Largest network, no seller fees.
2 Investor Databases (e.g., PropStream, BatchLeads) 9 1. Sign up (free trial). 2. Search “cash buyers” in your zip code (filter recent purchases of similar homes). 3. Export 50–100 contacts. 4. Email/DM with Blitz listing: “94% FMV, close in 14 days.” Hyper-local (e.g., buyers who bought 3-bed homes last year); direct outreach. $99–$199/mo post-trial; data cleanup needed. PropStream: Run city/county searches for recent cash deals; BatchLeads: $1/lead skips.
3 FSBO/Investor Platforms (e.g., FSBO.com, Craigslist, FB Marketplace) 8 1. Post on FSBO.com ($99 MLS syndication) or free on Craigslist/FB. 2. Tag “Cash Buyers Only – 6% Under FMV.” 3. Join local investor groups (e.g., “Phoenix Cash Home Buyers”). 4. Respond to inquiries with proof-of-funds request. Low/no cost; attracts flippers (40% of FL cash sales). High tire-kicker volume; manual vetting. FSBO.com: Exclusive FSBO listings, syndicates to Zillow; FB: Target Hispanic/Latino groups for cash deals.
4 iBuyer Platforms (e.g., Opendoor, Offerpad) 7 1. Get instant offer via app/site. 2. Accept if ≥94% FMV (use Blitz as benchmark). 3. Schedule inspection/close (7–14 days). Guaranteed; no showings. Low offers (85–91% FMV); fees 5–8%. Opendoor: 50+ metros, A+ BBB; Offerpad: Perks like free moves.
5 Public Records & Networking 6 1. Search county recorder site for recent cash deeds (filter “no mortgage”). 2. Attend REI meetups (Meetup.com) or BiggerPockets forums. 3. Network: “Seeking cash buyer for [Blitz price] in [zip].” Free; builds long-term leads. Time-intensive; outdated data. County sites: Free cash purchase logs; BiggerPockets: FSBO investor threads.