FlipSplit vs Sundae: How Do They Compare?

Reviewed by: Brandon Brown

These days, selling your home can be an overwhelming, taxing, and confusing process. While there are more home-selling resources available than ever before, this only expands the choice paralysis when it comes to putting your home on the open market.

If you’re looking for a hands-off way to sell your home fast, research may have brought you to decide between FlipSplit and Sundae. While each option offers a quick selling process, there are also some distinct differences. 

First, let’s explore the key benefits of selling your house with FlipSplit. Then, we’ll compare how Sundae measures up, so that you can make the most informed decision about your home-selling process. 

For a similar comparison between FlipSplit vs. OpenDoor, make sure to check out our blog for a breakdown of these two home-selling partners.

Selling Your House to FlipSplit: What Homeowners Should Know

FlipSplit is widely regarded as the inventor and leader of the “all cash flip-split” market (ACFS). When you sell your house to FlipSplit, you’ll receive an upfront cash offer on your home—no renovations required. If you accept the offer, you’ll be paid immediately.¹ 

FlipSplit also saves sellers money by getting rid of: 

• Realtors

• Commissions

• Closing costs

• Other hidden fees

After you sell, FlipSplit makes a series of strategic renovations to the property with the goal of increasing its resale value and “flipping” it. When the home is resold, FlipSplit splits the net profits from the sale with you, 50-50. That’s on top of what you’ve already been paid for the property. 

In other words, FlipSplit offers homeowners a quick option for selling that comes with a competitive, upfront, all-cash payout and the opportunity to earn more money later after the property is renovated and resold. 

What Kind of Seller Is FlipSplit Ideal For?

FlipSplit is designed for any seller who wants to forego the traditional route—and all its cumbersome steps—of selling a home. For example, the FlipSplit model eliminates the need for sellers to make property repairs or stage inconvenient open houses, both of which can be costly, time-consuming, and burdensome. 

In other cases, FlipSplit might be convenient for sellers who:¹

• Need to sell their home quickly and reliably

• Are selling an old home and buying a new one

• Inherited a fixer-upper and don’t have the resources to renovate 

Homeowners in these situations may find that FlipSplit offers convenience, flexibility, and higher cash offers than the typical buyer. With better offers and fewer fees and middlemen, FlipSplit often ends up putting more dollars in the seller’s pocket.

Selling Your House With Sundae: What Homeowners Should Know 

Sundae operates on a different business model than FlipSplit. Whereas FlipSplit buys and flips homes and then provides the seller with a 50-50 split of the net proceeds, Sundae provides a marketplace for sellers to advertise their properties to multiple buyers and takes a cut of the total sale price.² 

While FlipSplit considers itself a partner to homeowners, Sundae acts as a liaison between sellers and investors to offer faster, more competitive sales. Sundae offers cash pay–outs and quick turnaround times. Plus, the company also gives sellers control over the timeline, allowing between 10 and 60 days to close the sale. 

When you sell your home with Sundae, the company conducts an inspection and performs a property assessment. According to that assessment, Sundae evaluates the home and makes a list of repairs necessary to restore the property to “like new” condition. Then, Sundae sets a price that matches what the house would be worth after those repairs. As the seller, you sign an agreement that gives Sundae exclusive rights to manage the sale of your home.

While Sundae is offering homeowners the chance to make all-cash sales at after-repair prices, there is one strong caveat—proceeds transparency. When reviewing Sundae’s website, you’ll notice that the company’s cut of the net proceeds from the sale isn’t listed. This means you won’t know how much Sundae takes off the sale and how much you get.

In juxtaposition, here at FlipSplit, transparency is our entire ethos. If you don’t feel confident and satisfied selling your home, this should be cause for hesitation.

That said, homeowners in very specific situations may benefit from partnering with Sundae to market and sell their homes. Mostly, these are sellers who need to sell as quickly as possible, generally in instances of:²

• Imminent foreclosure

• A change in living conditions 

• Inability to make repairs

Even for homeowners that need to move quickly, by taking the time to compare the offers from both Sundae and FlipSplit, you’ll be able to make the most informed decision for your financial situation.

Earn Upfront Cash the Right Way by Selling Your Home with FlipSplit

The process of renovating and selling your home doesn’t need to be time-consuming or overwhelming. You have options. FlipSplit and Sundae are two ways you can skip the renovations and earn cash in your pocket faster than the traditional ways of selling your home.

When you need to sell your home quickly and you don’t have the time, energy, or resources to make the necessary repairs, there’s one company you can trust for a competitive cash payout and a chance at back-end revenue, and that’s FlipSplit. 

At FlipSplit, we buy houses in Southern California and with that comes a commitment to protecting homeowners from sales that slice your profits with commissions, closing costs, and other fees. With our innovative approach, you receive a fair price for your home and a shot at future earnings—plus, we work toward a rapid closing time between 72 hours and 90 days.  

Interested in learning more? Find a partner in FlipSplit today and request an offer. 

FlipSplit is also here to help you out with any potential questions that may arise in the home selling process, so whether you’re wondering what not to fix when selling a house, whether you should sell or rent your house, or what the US housing market forecast looks like going into 2023, FlipSplit is here for you.

Sources: 

1. Purgola. FlipSplit: The New Win-Win Way to Sell Your House For Cash. https://purgula.com/real-estate/flipsplit-all-cash-offers/#flipsplit-business-model 
2. Go Banking Rates. Sundae Real Estate Review: Is It the Right Platform for You? https://www.gobankingrates.com/reviews/sundae-real-estate/