HomeLight Simple Sale Review 2024
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In this review we evaluated HomeLight Simple Sale features, plans, pricing and other important aspects to help our readers make a more educated purchase decision.
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What Is HomeLight Simple Sale?
The HomeLight Simple Sale program is a service created by HomeLight Inc. to help homeowners and real estate agents sell homes fast and easily.
The program is one of several add-on services tailored towards home sellers on the HomeLight platform.
The HomeLight Simple Sale service works by allowing people to sell their homes fast and as-is to cash buyer investors on the platform.
Although both sellers and agents can use HomeLight Simple Sale, sellers aren’t required to partner with agents for the service: they can simply enroll and begin receiving offers.
HomeLight Simple Sale works hand in hand with the HomeLight Cash Offer service, another one of HomeLight’s proprietary tools.
The Cash Offer program is for buyers looking to make cash offers to sellers on the platform.
What Is HomeLight Simple Sale Used For?
Sellers and seller agents can use the HomeLight Simple Sale service in the following ways:
- Requesting cash offers — This is HomeLight Simple Sale’s main function. When you enroll in the program, HomeLight will send cash offers directly to your email. There is no obligation to accept an offer. Sellers have the freedom to wait for an offer that suits their needs.
- Comparing cash offers — One of Simple Sale’s top selling points is that the company continuously sends you cash offers. You can compare different offers and choose the best one.
- Selling the home as-is — With HomeLight Simple Sale, you can sell a run down house without having to do repairs, create a listing for the property, and deal with showings. Simply provide the property address, and HomeLight will find someone to buy the property as-is.
- Instant home sales — The Simple Sale service was created to solve the problem of long selling periods in traditional transactions. By using the service, you will start receiving cash offers in a week or less, and as a result, you can sell your home way quicker compared to a traditional listing.
- Boosting commission revenue — Thanks to quick selling times, HomeLight Simple Sale allows seller agents to close more deals and generate more commissions.
- Support during closing — Once you find a suitable cash offer, HomeLight will support you through the transaction, including the provision of necessary closing documents, title transfer procedures, moving, and more. Additionally, the Simple Sale transaction process is fast, taking as little as about ten days.
Overall, the process has similar benefits as selling your house to a real estate investor.
HomeLight Simple Sale Users Breakdown by Specialty
Is HomeLight Simple Sale Legit?
Yes. HomeLight Simple Sale is a legitimate iBuyer service created by HomeLight Inc. in 2019 to help homeowners sell their properties for the best possible cash deals.
The service is available for sellers and seller agents across more than 11,000 zip codes across the U.S.
Since its launch, HomeLight Simple Sale has become quite popular among sellers and agents in the U.S.
The Simple Sale service has been reviewed by numerous REI blogs and has received many customer testimonials across the internet.
Furthermore, HomeLight Simple Sale is safe for all its users. The HomeLight website uses secure SSL connections and industry-standard encryption to protect your data from unauthorized access and loss.
The company doesn’t sell your data to advertisers on the internet.
As a real estate brand, HomeLight Inc. has an open and transparent public image. The company has active social media accounts where you can learn about service updates and get customer support.
Still, there have been several complaints by sellers about the company’s lowball cash offers.
Many users have claimed that HomeLight cash offers are 50% to 70% of a seller’s listed value.
Although this may be true, the service has received numerous positive reviews for its convenience at no cost and excellent customer support.
Altogether, there is ample evidence to suggest that HomeLight Simple Sale is not a scam.
HomeLight Simple Sale Customer Reviews
HomeLight Simple Sale Pricing
HomeLight Simple Sale is free to use for all home sellers and their agents.
There is no cost for requesting a Simple Sale cash offer — sellers simply need to apply for the service to start receiving offers.
That said, HomeLight still has to make money on HomeLight Simple Sale. The company generates revenue by charging service fees (2% of the home’s purchase price) to homebuyers who are using HomeLight Cash Offer and HomeLight Home Loans to make cash offers to home sellers.
HomeLight Simple Sale Features
HomeLight Simple Sale has a limited number of features due to its highly specific quick home sale functionality.
To help you understand the program’s features, it’s important to learn how the program works. The following is a step-by-step breakdown of how to apply for and use HomeLight Simple Sale.
- Go to the Simple Sale page and enter the property address.
- Answer the questions regarding your home. There are questions about the type of property it is, reasons for selling, the estimated value of the home, and the property’s year of build, among others.
- Once you’ve provided the responses, HomeLight will collect your email and phone. The company will send offers directly to you via the email address provided.
- After a few days, you will receive a cash offer that you can accept or reject at no fee. HomeLight uses powerful algorithms that analyze local neighborhood data and an extensive network of real estate investors to find a cash offer that is suitable for your property.
- HomeLight shows you how the cash offer compares to what you might get through a traditional listing. You will also be able to see the top agents in your area that you can partner with to close.
- Once you accept the cash offer, you can pick a suitable agent and begin the closing process. HomeLight closing takes as little as 10 days.
Cash Offers
Via the Simple Sale program, deals are done exclusively in cash. By joining the program, sellers can receive their first cash offer in a week or sooner and proceed to closing in as little as 10 days if they accept the offer.
With cash offers, you don’t negotiate with buyers nor receive buyer demands, meaning you can offload your property as fast as possible.
Quick Selling and Closing
One of HomeLight Simple Sale’s main selling points is its quick sale and closing process. The program allows sellers to sell their homes as-is without having to do any repairs.
This means you can put up your home for sale faster and get a cash buyer within days of listing.
HomeLight also supports you (and the buyer) through closing. Once you have accepted a cash offer for the home, you can begin the closing process with the help of your agent and a company rep.
HomeLight takes care of dealing with title companies, contracts, disclosures, and scheduling moving dates, among other procedures.
HomeLight Simple Sale Support
When you enroll in HomeLight Simple Sale, a service representative will reach out to you to help you get started.
The rep guides you throughout the sale process, from when you receive and accept a cash offer to closing and getting your money.
Furthermore, you can contact the dedicated rep via phone in case you experience any trouble during the simple sale.
HomeLight Simple Sale Pros and Cons
Pros
- HomeLight Simple Sale allows you to sell your house fast and for cash, making it a great solution for those looking to access cash quickly.
- The service helps you avoid the cost of selling a house with a realtor.
- The service eliminates the hassles of property showing, repairs, bridge loans, double mortgages, and negotiating with buyers.
- Simple Sale provides certainty of sale.
- The service is a suitable option for those with no money for repairs.
- The service is entirely free to use, with the cost burden going to the cash buyer.
Cons
- There have been complaints that sellers receive offers that are 50% to 70% of their home’s value.
HomeLight Simple Sale Integrations
HomeLight Simple Sale Alternatives
- HouseCashin
- Real Estate Bees
- We Buy Ugly Houses
- We Buy Houses
- iBuyer
- Offerpad
- Opendoor
- Roofstock
- Ribbon
- Flyhomes Inc.
- Orchard.com
- Homeward
- Homie Cash
HomeLight Simple Sale Achievements
Awards & Recognition
Best iBuyer Company (Awarded by Real Estate Bees)
Press & Media
One of the Fastest-Growing Companies in Arizona (Inc. 5000 Magazine, 2022 and 2023)
Real Estate Company to Watch (Fortune Magazine, 2021)
HomeLight Simple Sale FAQs
How many clients does the HomeLight Simple Sale program serve?
We couldn’t find reliable information on the number of home sellers that have used the Simple Sale service.
Still, the HomeLight platform has been used by more than a million clients (buyers and sellers) since it was launched.
Who founded HomeLight Simple Sale?
The HomeLight company was started in 2012 by Drew Uher in San Francisco.
Later, in 2019, the HomeLight company launched HomeLight Simple Sale to help sellers sell their homes fast and get the best possible cash deals for the properties.
What is HomeLight Simple Sale’s customer service number?
Customers and users seeking to learn more about the program can reach out to HomeLight by calling the following support line: (831) 498-1967.
You can also contact the company through email by sending your inquiries to [email protected].
What is the HomeLight Simple Sale cancellation and refund policy?
HomeLight Simple Sale is free to use for sellers on the platform. As a result, there is no cancellation or refund policy for the service.
What awards and recognitions has the HomeLight Simple Sale Program received?
We couldn’t find any awards or recognitions that are specific to the HomeLight Simple Sale program.
However, the parent brand, HomeLight, was recognized in 2022 and 2023 as one of the fastest-growing companies in Arizona by Inc. 5000 Magazine.
Fortune Magazine also recognized HomeLight in 2021 as a Real Estate Company to Watch.
HomeLight Simple Sale Tutorials & Training
Is HomeLight Simple Sale Worth It?
Yes, and there are several reasons for this. First, HomeLight Simple Sale is free to use, meaning any seller, including those looking to access cash as fast as possible, can use the service.
Additionally, HomeLight Simple Sale only deals with cash buyers. HomeLight cash offers eliminate the need for lengthy negotiations, repairs, and traditional loans, making the service ideal for quick home sales.
Closing is also a quick and easy process in the Simple Sale program. Through a dedicated support rep, the company takes you through the entire closing process, including a secure money transfer through an escrow company, title transfer, and moving.
The only major downside to the program is the low offers made to sellers — you may receive cash offers that are about 50% to 70% of your home’s market value.
HomeLight Simple Sale Contacts
- Website: Official website
- Phone: (831) 498-1967
- Email: [email protected]
- Address: 100 California, Suite 800, San Francisco, California 94015, United States
- Socials: Facebook, Instagram, YouTube, Twitter, Pinterest
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About the Author:
Kristina Morales is both a licensed mortgage loan originator and real estate agent in the State of Ohio. Inspired by her years of working with buyers and sellers and seeing a need for more consumer education, Kristina created loanfully.com, an online educational resource for borrowers and industry professionals. In addition to real estate sales and mortgage lending, Kristina had an extensive corporate career in banking, treasury, and corporate finance. She ended her corporate career as an Assistant Treasurer at a publicly traded oil & gas company in Houston, TX. Kristina obtained her MBA from the Weatherhead School of Management at Case Western Reserve University and her B.A in Business Management from Ursuline College.