What Meridian Trust does

Meridian Trust, LLC is a private cash home buying company that purchases residential properties (single-family homes, condos, townhouses, and multi-family units) directly from homeowners in Florida, Georgia, and Alabama. The company targets sellers who need to liquidate quickly, including those facing foreclosure, dealing with inherited or probate properties, relocating, divorcing, or downsizing, and buys homes in as-is condition with no repairs, inspections, broker commissions, or closing costs charged to the seller. Transactions are managed entirely over the phone with a single licensed agent assigned to each seller, and closings are targeted in as little as 10 business days.

The underlying operating model is a buy-rehab-resell business: Meridian Trust acquires properties at below-market cash prices, rehabilitates them, and resells the renovated homes. The technology stack is minimal and operationally focused, consisting of a website with an address-submission form, a phone-based sales and transaction management system, and standard organic digital channels (website, blog, Facebook, Instagram) for customer acquisition. There is no proprietary platform, software product, app, or disclosed AI/ML capability. The business relies on the company's ability to deploy capital quickly and execute local rehab operations across its three-state footprint.

Revenue is generated solely from the spread between the cash purchase price paid to sellers and the post-rehab resale value of acquired properties, with no commissions, fees, or recurring charges to customers. The company is privately held with no disclosed parent, institutional investors, or external equity capital, and operates from a base in Hallandale, Florida with local operations in Orlando, Tampa, Jacksonville, Atlanta, Birmingham, and Mobile. It holds an A+ BBB rating and Forbes Real Estate Council membership, and reports a 4.7/5 average customer rating across review platforms.

Name

Meridian Trust

Legal name

Meridian Trust, LLC

Website

https://meridiantrustllc.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

Meridian Trust is a private regional cash home buyer that purchases residential properties directly from homeowners in Florida, Georgia, and Alabama for cash, in as-is condition, and resells them after rehabilitation. The company serves distressed or time-pressed sellers via a phone-based, agent-led transaction model.

Ownership category

akta.pro rank

Product category

Real Estate Investment Services

SIC

Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)

Keywords

• Cash home buying
• Real estate investment
• Property acquisition
• As-is home purchases
• Residential property resale

Headquarters

HQ city

Hallandale

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Property Acquisition and Resale: Meridian Trust purchases properties directly from homeowners for cash at below-market prices, then rehabilitates and resells them. Revenue comes from the spread between purchase price and resale value. No commissions or closing costs charged to sellers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Meridian Trust is a cash home buying company that purchases residential properties (single-family homes, condos, townhouses, and multi-family units) directly from homeowners in Florida, Georgia, and Alabama in as-is condition, with no repairs, commissions, or closing costs charged to the seller. The company buys, rehabilitates, and resells the properties, with closings occurring in as little as 10 business days and transactions manageable entirely over the phone with a dedicated licensed agent.

Product overview

Meridian Trust offers a single, unified cash home buying service. Homeowners in Florida, Georgia, and Alabama can sell their properties directly to Meridian Trust for cash, with the company purchasing homes in as-is condition without requiring repairs, cleaning, staging, or paying commissions or closing costs. The service is designed to close quickly—often within 10 business days—and the entire transaction can be completed over the phone with a licensed agent guiding the seller through each step.

Differentiator

Problem solved

Functional benefit

Products and services

• Cash Home Buying Service A direct-to-consumer service that purchases residential properties (single-family homes, condos, townhouses, and multi-family units) from owners in Florida, Georgia, and Alabama for cash, in as-is condition, with no repairs, commissions, or closing costs charged to the seller. Closings can occur in as little as 10 business days and the entire transaction can be completed by phone with a single dedicated licensed agent.

Quantifiable outcome

• Can close transactions in as little as 10 business days
• +2 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Better Business BureaumoderateOthersBBB-accredited business with A+ rating; provides trust and credibility signal for homeowners considering cash sale transactions

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Opendoor: Opendoor is the largest institutional direct cash home buyer in the US, making all-cash offers to homeowners and reselling renovated properties online. It is directly comparable to Meridian Trust as an iBuyer-style acquisition and resale operator, although it operates at national scale with venture-backed capital rather than regional bootstrapped.
• Offerpad Solutions: Offerpad is a publicly traded iBuyer that purchases homes directly from sellers for cash, performs light renovations, and resells them. It targets the same convenience-driven, time-pressed seller as Meridian Trust and serves overlapping Sun Belt markets, making it a direct comparable in business model and customer segment.
• HomeVestors of America (We Buy Ugly Houses): HomeVestors is the largest franchise network of cash home buyers in the US, branded as "We Buy Ugly Houses." It purchases distressed single-family homes directly from sellers for cash and resells them - the same fundamental business model as Meridian Trust, with franchise-driven distribution instead of corporate offices.
• Sundae: Sundae operates a marketplace connecting distressed-property sellers with a network of vetted cash buyers. It targets the same homeowner-in-distress segment as Meridian Trust (foreclosure, probate, relocation, divorce) and competes head-to-head for the same deal flow in overlapping Sun Belt geographies.
• Knock: Knock provides a home trade-in program that lets sellers move on a new home before listing their current one, backed by institutional capital. It targets the same convenience- and certainty-driven seller segment as Meridian Trust, though via a different fulfillment mechanism.

Broad incumbents

• RedfinNow: RedfinNow was Redfin's direct cash-buying iBuyer service offering homeowners a quick all-cash sale; the business was wound down in 2022. It was directly comparable to Meridian Trust as a direct cash buyer targeting time-pressed sellers.
• Invitation Homes: Invitation Homes is the largest publicly traded single-family rental REIT in the US, owning and operating tens of thousands of SFR homes. While not a direct cash buyer of distressed properties, it is part of the same SFR investment ecosystem that competes with Meridian Trust for rehabbed inventory and exit buyers.
• Progress Residential: Progress Residential is a large institutional owner-operator of single-family rental homes with deep Sun Belt presence, including Florida. It competes for the pool of renovated properties that Meridian Trust resells and represents an institutional exit-buyer alternative for single-family inventory.

Emerging players

• Roofstock: Roofstock is an online marketplace for buying and selling single-family rental investment properties. While not a direct cash buyer for owner-occupant sellers, it operates in the same single-family transaction ecosystem that Meridian Trust rehabs and resells into, often serving the buy side of Meridian's dispositions.
• HomeGo: HomeGo is a direct cash home buyer offering homeowners a fast, as-is sale with flexible closing dates, targeting the same convenience-driven seller as Meridian Trust. It is an emerging regional/digital competitor in the cash-buy space with a comparable phone-driven fulfillment model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/meridiantrustllc
• Instagraminstagram.com/meridian_trust
• Xx.com/trust_meridian

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meridian Trust