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Everything You Need to Know About Homelight: Reviews

Posted On Thursday, 14 April 2022 05:14

If you find yourself needing to sell your home quickly, you may be shocked by the number of choices at your disposal, all offering the same thing: a quick, lucrative sale to pre-qualified buyers. Homelight is one such company. While they offer to link you to the best real estate agents in your city, they also have another aspect of their business, a far more dominant aspect: assisting you with selling your home to pre-qualified buyers. Should you pursue this service from Homelight for an expedited sale? We answer that question in this in-depth Homelight review.

The Truth About Homelight: A Closer Look at Homelight Reviews

Most Homelight reviews focus on what the company offers. However, to help you assess what it would be like if you decide to sell your home through Homelight, this review takes a look at the process from the perspective of the seller. This Homeligh review dissects the experiences of sellers who've tried to use Homelight and then gives a verdict.

How the Process Works

To get started on Homelight, you need to provide your address, the type of property you're trying to sell, and its condition. From there, Homelight will ask for your name and email address to send you offers. At this point, everything appears reasonable. You may think potential buyers will want this information to gauge the neighborhood to determine a fair price.

 

Unfortunately, it's here where the unscrupulous practices begin. While researching to give you the most comprehensive Homelight review, we noticed something concerning. 

HomeLight's Disclaimer

The fine print beneath their request for your contact detail is a disclaimer. If you've used online services before, you're used to disclaimers, they are usually harmless and mention that by submitting your details, you agree to the terms of service and privacy policy. 

 

But Homelight's disclaimer doesn't mention either. Instead, Homelight states that when you submit your details, you agree to have the company share these details with third parties. You also agree to be contacted through "auto dialed phone calls and text messages, and prerecorded messages," even if you're on a do-not-call list.

 

This business practice reveals the kind of service you can expect from the company. However, within the disclaimer, Homelight also suggests that you may never get any offers.

What to Expect from the Offers You'll Receive

If you do get offers, these offers will often be non-negotiable lowball offers.

 

Homelight itself doesn't make offers on properties but gives sellers a list of third-party companies that can help. They also provide sellers' details to companies who've paid to receive this data, as one online Homelight reviewer said: "good ole BAIT N SWITCH tactics." 

What Other Customers Are Saying

One cursory glance at Homelight reviews online shows that when it comes to bad reviews for quick, as-is, property sales, Homelight is by far the worst offender.

Most reviewers have had a negative experience with the company, and those who haven't may have received Amazon gift cards for their positive Homelight reviews.

 

Should You Use Homelight Based on this Review?

Homelight reviews are generally in consensus: avoid the company if you can.

According to most of their previous clients, the purpose of the business seems more to do with earning income from selling your data than providing a service.

 

Because of this, if you want a quick sale to sell your home as-is, you may have success elsewhere.

3 Alternatives to Homelight

Unless you want your name and contact details on a list of so-called "spammers," Homelight is possibly not the best choice. Thankfully, there are alternatives that allow you to sell your home as-is for cash.

Houzeo

The reason Houzeo makes it onto this list and not other flat fee MLS companies is that they prioritize selling directly to buyers with their buyer-side website. While you need to pay an upfront fee, you won't have to pay a listing agent commission at closing and can achieve a market-related price for your home. You can check out Houzeo reviews for the same.

Traditional Real Estate Agent

As some of those who've vented their frustration when writing Homelight reviews mentioned, you may be better off finding and using a real estate agent. Even if you're selling your property as-is, real estate agents with experience dealing with this type of listing can help you find a buyer. You'll forgo 6 percent of the sale price, but it's guaranteed to be more than Homelight's offer.

We Buy Ugly Houses

Although We Buy Ugly Houses offers the same service as Homelight, if you contrast the We Buy Ugly Houses reviews with the Homelight reviews, there's a clear winner. Yes, you still get lowball offers. However, the overall consensus among those who've used their services is that if you need quick cash for your home, We Buy Ugly Houses is a foolproof way to reach that objective.

 

Homelight -- like many other quick, as-is buyers -- is using your naivety to their advantage. But, if you've stumbled upon this Homelight review, whatever you do, don't enter your contact details before researching viable alternatives.

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