Need to sell your house fast in Oklahoma City?
Competitive cash offers: There’s no need to sort through dozens of We Buy Houses Oklahoma City websites. Our team of experts understands the local market, and we work with one of the largest cash buyer networks in the nation to ensure you get the best offer possible through HomeLight’s Simple Sale Oklahoma City platform.
No repairs or roadblocks: We specialize in helping Oklahoma City sellers move quickly, even if a house needs repairs or you’re going through a difficult situation such as divorce, death in the family, or financial troubles.
Simple and fast: Get the cash you need to move on to your next chapter without the stress of showings, negotiations, or waiting months to close.
Sell My House Fast in Oklahoma City
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How to Sell My House Fast in Oklahoma City: Strategies for a Quick Sale
- Published on
- 15 min read
- Kelsey Morrison Former HomeLight EditorCloseKelsey Morrison Former HomeLight Editor
Kelsey Morrison worked as an editor for HomeLight's Resource Centers. She has seven years of editorial experience in the real estate and lifestyle spaces. She previously worked as a commerce editor for World of Good Brands (eHow.com and Cuteness.com) and as an associate editor for Livabl.com. Kelsey holds a bachelor’s degree in Journalism from Concordia University in Montreal, Quebec, and lives in a small mountain town in Southern California.
If you’re a homeowner in Oklahoma City facing the pressing need to sell your home, it can be overwhelming to figure out your next steps. Whether you’re dealing with a divorce and need to divide your assets, or you’ve inherited a house but live elsewhere, there are numerous reasons why you might need to sell your house fast in Oklahoma City.
In this guide, we’ll explore two options for selling your Oklahoma City home quickly: securing an all-cash offer through a house-buying company, and partnering with a top real estate agent for a potentially more lucrative deal. Plus, we’ll share invaluable tips from an experienced local agent to help you fast-track your home sale in OKC.
Why you might need to sell your Oklahoma City house fast
If you’re experiencing life changes or challenges, selling your Oklahoma City house quickly might be on your agenda. Here are some reasons why you might find yourself needing a fast home sale:
- Tight financial situation: Selling your house fast can offer relief from debt, including medical bills or foreclosure threats.
- Going through a divorce: A quick sale of your shared home can simplify the divorce process, helping both parties to move on.
- New job opportunity: Relocating for a new job or transfer may require a speedy home sale, especially if you’re moving out of state.
- Sudden job loss: In the face of unemployment, selling quickly may help safeguard your financial stability.
- Inherited property: Quickly selling a home you’ve inherited can alleviate the stress of its maintenance and taxes.
- Don’t want to be a landlord: If managing rental property has become burdensome, selling could be the best solution.
- Downsizing: Whether due to health reasons or seeking a simpler life, downsizing can prompt a fast sale.
- Significant damage but no money for repairs: Selling your house as-is might be the best option when repair costs are unmanageable.
Understanding your options during these times is crucial. If you’re looking for a quick and straightforward way to sell your Oklahoma City home, receiving a no-obligation all-cash offer could provide the immediate solution you need.
Option 1: Request a cash offer for your Oklahoma City home
The traditional path to selling a home in Oklahoma City can feel like a marathon, but there’s a quicker, more direct route available: securing a cash offer for your property. Thanks to innovative online platforms like HomeLight’s Simple Sale, Oklahoma City homeowners can connect with reliable cash buyers, simplifying the sale process and allowing for quick closing.
With Simple Sale, the control is in your hands. You can pick your move-out date and potentially close in as little as 10 days, avoiding the usual delays of traditional sales. Just a few details about your Oklahoma City home and your preferred timeline are all it takes to get a no-obligation all-cash offer within 24 hours. Selling your home quickly and smoothly has never been easier.
The process of a cash offer in Oklahoma City
In Oklahoma City, opting for a cash offer means bypassing the traditional hurdles of home selling. Cash buyers have the necessary funds on hand, negating the need for mortgage approvals that can stretch out the selling timeline. Your home’s condition and market value are quickly evaluated, and then an offer is made. If the offer is accepted, the closing process takes just a few days or weeks, and you’ll avoid the usual delays of mortgage clearances and inspections, allowing you to move forward faster.
Here are the three easy steps in the Simple Sale process:
Who else buys houses for cash in Oklahoma City?
In Oklahoma City, there are several reputable house-buying companies and investor groups that stand ready to pay cash for homes. These companies specialize in fast, hassle-free transactions, providing an alternative to the traditional real estate market:
- OKC House Buyers (Oklahoma City and all surrounding areas)
- House Kings (Oklahoma City and Tulsa metro areas)
- We Buy Houses OKC (Oklahoma City, Edmond, Norman, Moore, plus six counties)
- Express Home Buyers OKC (statewide)
- W Properties (statewide)
The internet is a valuable resource for discovering additional cash-for-home companies in the Oklahoma City area. However, it’s important to research and vet these companies thoroughly to ensure you’re making a good decision. Alternatively, HomeLight’s Simple Sale platform offers a direct connection to the largest network of trusted cash buyers in the US, simplifying the search and providing peace of mind with a reliable, vetted buyer.
Pros and cons of selling to an Oklahoma City house-buying company
Still not sure if you’re a good candidate for working with an Oklahoma City house-buying company? Here’s a quick breakdown of the pros and cons:
Pros
- Sell fast: A quick offer means you can close in days, not months.
- Skip repairs: Selling as-is allows you to avoid costly repairs.
- Easy process: The sale involves fewer steps and less paperwork.
- No staging or showings: You won’t need to spend time or money on staging or hosting open houses.
- Flexible move-out dates: Companies often work with your timeline.
- No financing delays: Cash purchases eliminate the wait for buyer mortgage approvals.
- Reduced or no closing fees: Some companies cover closing costs, reducing your expenses.
- Sale is guaranteed: Eliminates the uncertainty of buyer financing falling through.
- Can be a foreclosure solution: Offers a way out if you’re facing foreclosure.
- Less work than a FSBO sale: Simplifies the process compared to selling on your own.
- Peace of mind: Quick sales can relieve financial or personal stress.
Cons
- Lower offers: You may receive an offer below market value.
- Less competition for your home: A direct sale means fewer offers to choose from.
- You give up control: The house-buying company dictates the terms.
- No negotiations: Offers are typically take-it-or-leave-it.
- Can face hidden fees: Always read the fine print to avoid unexpected costs.
- Not all companies are reputable: It’s essential to research and verify the buyer’s credibility.
- A potential risk for scams: Be aware of scams and deal only with reputable companies.
Choosing to sell your home to a house-buying company in Oklahoma City can be a viable option, especially if you need a quick sale. However, it’s important to weigh these pros and cons carefully to make an informed decision that aligns with your personal and financial circumstances.
Option 2: Hire a top Oklahoma City real estate agent
Opting for an experienced agent in Oklahoma City can be a game-changer when you need to sell your house quickly. A skilled real estate professional understands the nuances of the Oklahoma City market and manages all aspects of the sale, from staging your home to appeal to buyers, to masterfully negotiating deals, ensuring you maximize your home’s value, even under tight deadlines.
“One thing I always ask people whenever they want a cash offer is, what are your true intentions?” says Mark Parrish, a top-performing Oklahoma City real estate agent who sells properties 44% faster than the average agent in his market.
“Do you want a quick sale, or are you looking to net the most money? If it’s the latter, you need to go to the open market, deal with financing, and do a traditional home sale.”
Let’s take a look at the current dynamics of the Oklahoma City real estate market. Understanding how fast homes are selling with the help of top agents can give you a clearer picture of what to expect. We’ll explore the benefits of partnering with a real estate expert and how to connect with a leading agent in the Oklahoma City area.
How fast are homes selling in Oklahoma City?
In January 2024, the typical home listed for sale took 48 days to go from “active” to “under contract,” based on data from MLSOK. That’s seven days longer than the same period last year, and five days longer than December 2023. (Note that it takes an average of 47 days for a buyer to close on a purchase loan, which will extend your selling timeline.)
Closed home sales ticked up 7.5% on an annual basis, and the median-priced home went for $240,000. That’s slightly less than the previous month, but 1.3% higher than the same period a year earlier. Homes sold for 97% of their listing price, on average.
“Inventory is getting better,” says Parrish. “We’re building homes left and right out here, but the resell market is really starting to pick up.”
In January, inventory dropped 18% year-over-year; however, OKC still has 4.2 months of supply. This is a measure of how long it would take for all of the homes on the market to sell, given the current pace of sales. A balanced market has 5–7 months of supply, suggesting that The Big Friendly is moving towards a scenario that doesn’t distinctly favor buyers or sellers — aka a balanced market.
Here’s a snapshot of current housing market indicators in Oklahoma City:
Days on market (average time from list to contract) | 48 days* |
---|---|
Days to close conventional home loan | 47 days |
Median home sale price | $240,000 |
Supply of inventory | 4.2 months |
Number of closed home sales year over year | +7.5% |
*Does not include time for buyer to close the loan
Data source(s): MLSOK, Inc., Ice Mortgage Technology
Benefits of selling with a top Oklahoma City agent
Partnering with a top real estate agent in Oklahoma City can significantly speed up the sale of your home. These agents bring a deep understanding of the local market to the table, ensuring that your home not only sells quickly but also for the best possible price.
“Real estate transactions are some of the largest financial decisions a person will make in their lifetime,” says Parrish. “I would always want to have an expert on my side to help me navigate that process.”
Here are some additional advantages of working with a results-driven real estate agent:
- Ability to sell for more: A skilled agent’s understanding of the Oklahoma City market can help you set a competitive price that attracts buyers.
- Can generate a speedy sale: Their local network and marketing strategies can reduce the time your home spends on the market.
- Accurate, effective pricing: With a deep knowledge of the area, an agent can price your home perfectly from the start, avoiding the pitfalls of overpricing or underpricing.
- Professional negotiation skills: Expert negotiations can ensure you get the best possible terms and price for your property.
- Expert partner by your side: An experienced agent can guide you through the selling process, making it as smooth and stress-free as possible.
- Will know what to fix and not fix: They can advise on which repairs or upgrades will actually pay off in the Oklahoma City market, saving you time and money.
- Elevated marketing: Advanced marketing techniques and tools can showcase your home to a wider audience, attracting more potential buyers.
- Contract savviness: Their expertise can protect you from potential pitfalls, ensuring the contract is in your best interest.
- Can manage documents and disclosures: Handling all the necessary paperwork and legal requirements accurately can speed up the sale process.
- Network of skilled professionals: Access to a vetted network can help with staging, repairs, and more, enhancing your home’s appeal and potentially its selling price.
Leveraging the skills and knowledge of a top Oklahoma City real estate agent can not only help sell your home faster but also alleviate the stress and complexity of the selling process.
How to find a top Oklahoma City real estate agent
Discovering the ideal real estate agent in Oklahoma City is key to a successful home sale. HomeLight’s Agent Match platform simplifies this process. By evaluating over 27 million transactions and numerous reviews, we’re equipped to connect you with two or three top-rated agents in the Oklahoma City market. Whether you’re looking to sell quickly or buy the perfect home, let HomeLight guide you to the best agent for your specific needs.
Expert agent tips to help sell your Oklahoma City house fast
To achieve a quick sale in Oklahoma City, tapping into the expertise of top real estate agents can give you a competitive edge. Here, Parrish shares some of his top tips for selling your home quickly when you’re in a time crunch:
- Price it right from the start: Overpricing can deter potential buyers, making it critical to price your home competitively from the outset based on a comparative market analysis (CMA).
- Capitalize on local charm: Oklahoma City’s rich history and vibrant culture are attractive to buyers, so highlight any historical features or vintage charm your home possesses. Think refinished hardwood floors, original fireplaces, arched entryways, and intricate woodwork.
- Highlight outdoor living: With Oklahoma’s varied climate, well-maintained outdoor spaces like gardens, patios, or decks are highly appealing to buyers. Consider staging an alfresco dining area or a few Adirondack chairs around a fire pit.
- Focus on curb appeal: Enhancing your home’s exterior with appealing landscaping or a fresh coat of paint can create a strong first impression that draws buyers in. According to Fixr’s 2024 Paint Color & Trends Report, painting your home’s exterior a shade of white adds the most to its resale value.
- Get a pre-listing home inspection: “Having a pre-listing home inspection done will definitely save the buyer some money,” says Parrish. Addressing any issues before your home hits the market will make it more attractive to buyers, especially those who are wary of expensive repairs.
- Make your home weather-ready: Given Oklahoma’s susceptibility to severe weather, ensuring your home is prepared can be a significant selling point. If your house was built with any tornado safety features like oriented strand board, anchor bolts, and tornado straps, highlight those in the listing description.
- Offer a home warranty: Including a home warranty in the sale can ease buyers’ concerns about maintenance and repairs, making your home more appealing. These 12-month contracts typically cover appliances and home systems and will cost you about $450 to $600 per year.
- Use professional photography: In today’s digital age, high-quality photos are crucial for making your listing stand out among Oklahoma City’s real estate listings. “One thing I do for my clients is I replace all of the light bulbs in their home, and I use a specific color of white bulb to make the photos more appealing,” says Parrish.
- Consider timing: The Oklahoma City housing market can fluctuate, so consulting with your agent to determine the best time to sell can help you capture the highest interest and best offers. Or, use HomeLight’s Best Time to Sell Calculator to pinpoint which months are best for a quick sale or a higher profit.
Applying these tips can help you market your home based on what Oklahoma City buyers are looking for, leading to a faster and more profitable sale.
Ready to sell your Oklahoma City house fast?
Whether you’re eyeing a cash deal or considering teaming up with a top-notch real estate agent, the goal remains the same: you want to get through your Oklahoma City home sale smoothly and achieve the best possible outcome.
- If speed is your top priority, a cash offer through HomeLight’s Simple Sale might be the right solution for you.
- On the other hand, enlisting the help of an experienced real estate agent can maximize your home’s market potential and selling price. HomeLight can connect you with a leading agent in the Oklahoma City market.
Considering both options? A comparison between a cash offer from Simple Sale and insights from a skilled agent can provide a comprehensive view of your possibilities.
Ultimately, the decision is yours to make. Equipped with these insights, options, and resources, you’re well-prepared to make the best choice for a fast and successful home sale in Oklahoma City.
Header Image Source: (ian dooley / Unsplash)