Homeowner on his front steps comparing home-selling options on a laptop

iBuyer companies ranked: Fees, offers, and speed (2026)

A few years ago, selling your house fast usually meant finding a local investor. Now a new type of buyer has changed that equation.

iBuyers are tech-backed companies that use data and algorithms to make fast cash offers on homes, often within hours of a request. But they vary more than you’d expect in fees, offer accuracy, and which markets they actually serve.

The iBuyer landscape in 2026

The iBuyer market has consolidated significantly since its peak. The two active national iBuyers as of 2026 are Opendoor and Offerpad. Zillow Offers shut down in 2021, and Redfin Now closed in 2022. What remains is a smaller, more focused segment of the market.

Opendoor

Service fee

Historically, the fee was a flat 5%, but as of 2026, Opendoor no longer publishes a fixed percentage. The fee now varies by transaction and appears in your individual offer breakdown, so it’s important to confirm the exact amount before signing.

Offer price

In a Clever Real Estate analysis of 409 Opendoor homes bought and resold between 2023 and 2025, Opendoor’s purchase prices averaged 8.79% below the homes’ eventual resale price. All-in seller costs (service fee + closing costs + repair credits) typically run 7-9% of the contract price.

Coverage

50+ markets in 26 states, concentrated in Sun Belt metros including Atlanta, Phoenix, Dallas, Charlotte, Denver, Nashville, Las Vegas, Raleigh, Tampa, Jacksonville, and Orlando.

Closing timeline

Typically 21 to 60 days, seller’s choice within Opendoor’s window.

What they buy

Single-family homes and condos in good condition within their price range. Homes needing significant repairs are often declined or receive offers with large repair deductions.

Offerpad

Service fee

The fee was historically 5% but has reportedly risen to around 8%, and Offerpad no longer discloses the current rate on its site, so you’ll need to confirm before signing.

Offer price

In the same Clever Real Estate analysis, which covered 123 Offerpad homes, Offerpad’s purchase prices averaged 13.89% below resale value. Offerpad’s all-in cost to sellers may be higher than Opendoor’s.

Coverage

Approximately 16 metros. Confirm availability in your specific market before starting, since coverage has contracted from earlier peaks.

Closing timeline

As fast as 8 days, with a closing window extending up to 60 days depending on the offer. Offerpad separately offers an optional post-close stay of up to 90 days for sellers who need more time to move out, plus a free local move.

What they buy

Similar to Opendoor: move-in-ready single-family homes within their target price range. Not suitable for homes needing major repairs.

iBuyer vs. traditional cash home buyer

Neither iBuyer is a good fit for homes that need significant work, homes outside their service area, or sellers in complex situations like foreclosure, tenant-occupied properties, or estate sales. In those cases, a more traditional cash home buyer like SellMyHouse.co’s buyer network can often be a better option, with no fees and fewer eligibility restrictions.

For homes that do qualify, Opendoor’s typically lower costs and higher average offers make it the stronger iBuyer choice based on available data. Offerpad’s post-close stay option and free move are differentiators worth considering if those matter to your situation.

Cash home buyer and homeowner looking at a worn gutter on an older house

When an iBuyer isn’t the right fit

Opendoor and Offerpad only work for homes that check every box: good condition, the right price range, and a market they actually serve. If your house doesn’t fit that mold, a cash home buyer is often the more realistic path, with fewer condition requirements and market restrictions, and no shifting fees to track down before you sign.

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Frequently Asked Questions

What happens if my home doesn't qualify for an iBuyer?

If your home is outside their area, in a condition they won’t buy, or outside their price range, a cash home buyer is often a good option for a fast, as-is sale.

Do iBuyers negotiate?

There may be some room to negotiate. Both companies allow sellers to discuss certain repair deductions and other terms, but the offer price and fees are generally based on their own valuation and pricing models. How much flexibility you have can vary by property and offer.

Are there other iBuyers besides Opendoor and Offerpad?

Some regional platforms operate in specific markets, but Opendoor and Offerpad are the only major national iBuyers remaining in 2026 after the exits of Zillow Offers and Redfin Now.

SellMyHouse.co is our own service. This comparison is based on publicly available information about Opendoor and Offerpad, which can change, so confirm current details with each company before you decide.