We Buy Houses Bartlesville: Top 4 Companies
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Joseph Gordon EditorJoseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
If you want to sell your Bartlesville home quickly, a We Buy Houses company in Bartlesville might be on your radar. These companies offer all-cash deals for homes, often those needing repairs, giving you a fast and straightforward way to sell your Bartlesville home.
With a cash sale, you avoid the costs and delays of prepping a home for the traditional market. Instead, you receive cash and can close in as little as a few days, helping you move on to the next chapter.
To that end, this post will discuss the pros and cons of working with house-buying companies in Bartlesville, explain how it works, and provide you with some alternatives so you can make the right choice for your home.
Sell Your House Fast in Bartlesville With a Cash Offer
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Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Bartlesville area “We Buy Houses” companies should not be considered an endorsement.
Working with house-buying companies in Bartlesville
If you’re a Bartlesville homeowner considering selling to a house-buying company, the process is extremely simple. With that in mind, here’s a look at the basic steps you’ll follow when working with a We Buy Houses company in Bartlesville.
- Contact the company: Reach out to a local house-buying company and provide basic details about your property.
- Schedule a home evaluation: The company will set up a time to visit your home, assess its condition, and gather information to make an offer.
- Receive a cash offer: After evaluating your home, the company will present you with a no-obligation, all-cash offer, usually within 24-48 hours.
- Review the terms: Take time to review the offer’s terms, including the purchase price and timeline for closing.
- Sign the contract: If you accept the offer, you’ll sign a purchase agreement to move forward with the sale.
- Close the sale: The sale typically closes in a few days, at which point you’ll receive your cash and hand over the keys.
Popular We Buy Houses for Cash companies in Bartlesville
If the process of selling to a house-buying company in Bartlesville sounds good to you, it’s time to find a legitimate operation you can trust.
We’ve compiled some of the top companies that will pay cash for your or your parents’ Art Deco or Revival. By selling to one of these companies, you should be able to sell your Bartlesville home in as little as a week or two.
OKC Property Buyers
OKC Property Buyers purchase homes in and around Oklahoma City “as-is,” so you never have to make repairs, pay fees, or realtor commissions. Their home-selling process lets you sell your house and put cash in your pocket, often in 2 weeks or less.
Locations: Serves Oklahoma
Closing costs: Sellers pay no closing costs; OKC Property Buyers covers them.
OKC Property Buyers has been BBB accredited since 2020 and holds an A+ rating. The company has a 5.0-star Google rating.
Website: okcpropertybuyers.com
Phone number: 405-252-9880
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Bartlesville (and across the country) can request a cash offer for their home. Simple Sale connects you to the largest network of cash buyers in the U.S. Partner investors have a wide range of investment strategies, including fix-and-flip and buy-and-hold. This enables Simple Sale to provide cash offers for a wide array of properties, even those that need some or a lot of work, in different locations throughout Bartlesville.
With Simple Sale, you can get a no-obligation, all-cash offer in 24 hours and sell your home in as few as 10 days, skipping the months it can take to sell the traditional way.
Locations: Nationwide, including Bartlesville
Closing costs: No prep costs, agent commissions, or fees charged by HomeLight. Individual investor fees may vary.
Simple Sale is a HomeLight platform. HomeLight was founded in 2012 and is BBB-accredited with an A+ rating. The company has 4.8 stars on Google based on hundreds of user reviews. Below, you can hear about how Baohan Wu, a seller who used Simple Sale to sell his high-rise apartment, closed within three and a half weeks and what he thought of the process overall.
Learn more: homelight.com/simple
Phone: 844-488-8455
W Properties
W Properties has been in business for 10 years. It offers a simple home-selling process, providing support from the initial phone call to the closing table. They aim to make selling a home as easy as agreeing on a price and handing over the check at closing.
Locations: Statewide
Closing costs: Sellers pay no closing costs; W Properties covers them.
W Properties has been BBB accredited since 2016 and holds an A+ rating with a customer review rating of 3.33 out of 5. W Properties has a 4.8-star rating on Google.
Website: wpropertiesok.com
Phone number: 405-673-4901
Bricktown Home Buyers
Bricktown Home Buyers is a real estate solutions company in Oklahoma City. It helps homeowners facing foreclosure, property sale challenges, or the need to sell quickly. They provide offers within 24 hours, aim for quick closings in as little as seven days, and ensure no hidden fees.
Locations: Statewide
Closing costs: Sellers pay no closing costs; Bricktown Home Buyers cover them.
Bricktown Home Buyers has a 4.8-star Google rating.
Website: bricktownhomebuyers.com
Phone number: 405-294-4001
Why sell your Bartlesville house for cash?
Why would a homeowner sell their home to a We Buy Houses company in Bartlesville? Time is often a major factor—compared to selling via the traditional market, selling your home for cash is significantly faster.
In Bartlesville, it typically takes around 79 days to sell a home on the market using an agent. That includes an average of 35 days on the market plus the typical 44 days a buyer needs to close on a purchase loan.
Compare that to the typical seven to 10 days promised by many house-buying companies in Bartlesville, and it’s clear why these Cash-For-Homes groups are an attractive option, even though they don’t always offer top dollar for the homes they purchase.
To illustrate our point, here are some common scenarios where selling for cash may be the best solution.
- Job relocation: You’re moving for work and need to sell your house fast without managing it remotely.
- Divorce: You need to sell quickly and settle property matters to avoid dragging out the process.
- Inherited property: You’ve inherited a house you don’t want to maintain or manage, and selling for cash offers a clean break.
- Downsizing: You want to downsize and prefer a quick, no-hassle sale over listing and hosting open houses.
- Repairs: Your home needs extensive repairs that you’re not interested in financing, so selling as-is is ideal.
- Foundation issues: Your house has structural problems, and a cash sale lets you bypass expensive fixes.
- Foreclosure: You’re facing foreclosure and need to sell quickly to avoid further financial stress.
- Tenants: You own a rental property and selling quickly helps you avoid evicting tenants or waiting for lease expirations.
- Selling from out of state: You live out of state and need to sell without multiple trips back and forth to manage the process.
Pros and cons of house-buying companies in Bartlesville
Selling your Bartlesville home to a house-buying company can be great when you’re under a tight deadline. However, it’s important to realize there are several pros and cons.
One of the biggest pros of selling to a house-buying company is speed. You can sell your home quickly without making repairs or cleaning up. These companies will buy your property as-is, so you can move forward without the stress of prepping your home for sale.
Pros:
- Quick sale: House-buying companies typically close within days or weeks, making this a great option when you need to sell fast.
- Buy as-is: You can sell your home without making any repairs, even if it needs major work or has been neglected.
- No contingencies: Cash sales often have fewer contingencies, making the transaction much smoother than a traditional sale.
- Convenience: You avoid staging, open houses, and long listing periods, allowing you to move on with your life sooner.
On the downside, working with a house-buying company means you’ll likely get less than you would from selling your home on the open market. These companies typically offer below market value, which may be a dealbreaker for some sellers.
Cons:
- Lower offer: Expect a cash offer that’s below market value because these companies need to make a profit.
- No negotiation: Most offers are take-it-or-leave-it, so there’s little room to negotiate the price or terms.
- Potential for scams: Not all companies are reputable, and some could be scams that take advantage of sellers in difficult situations.
- Limited buyer pool: You limit yourself to one type of buyer, potentially missing out on competitive offers from traditional buyers.
Curious What Your Home Is Worth?
Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes.
Vet cash buyers and know your home’s worth
The level of integrity and service you experience from a We Buy Houses for Cash company can vary, even within an established house-buying group that strives to maintain high standards. This is because many Cash-For-Homes companies are franchises and often use independent investors or wholesaling outfits. Your experience depends on the character of the person or group making the offer.
Before committing to a cash offer, vet the company thoroughly. Check reviews, read testimonials, and research its presence and performance in the market. And, of course, read the buying agreement carefully before signing.
HomeLight suggests you consult with an experienced local agent to get a better idea of what your home might be worth if sold on the open market. Then, compare your cash offer. HomeLight can connect you with a top-performing agent in your market. You can also use HomeLight’s Home Value Estimator to get an initial ballpark estimate in less than two minutes.
Other options to sell your Bartlesville home quickly
iBuyers
iBuyers are part of the cash-for-homes industry, using automated valuation models (AVMs) to offer near-instant home value estimates. They specialize in providing all-cash offers, typically closer to market value, for homes in good condition. The iBuyer process is fast, usually closing within days or up to two weeks. However, they often charge 5%-6% service fees. Companies like Opendoor and Offerpad are well-known in this space.
Listing with an agent
While selling with an agent might seem slower, if your home is in a seller-friendly market, you could see a fast sale with the highest potential price. Working with a top agent can also provide valuable insights through a comparative market analysis (CMA), which is often free. This tool helps you set an appropriate listing price, boosting your chances of selling quickly. Additionally, agents may connect you with cash buyers. If you’re considering this route, HomeLight can connect you with a top-performing agent today.
FAQs on Bartlesville house-buying companies
By and large, most We Buy Houses for Cash companies in Bartlesville are legitimate businesses. Their services and transaction fees may differ, but the business model has been around for decades. If you use an established group with a track record, you can be fairly confident that it’s legit.
That said, as with any financial transaction, it’s a good idea to be on the alert for scams. Always research companies before you sign a contract. Check customer reviews, look at their online presence, verify professional licenses, get a referral if possible, and vet the company on the Better Business Bureau website. Watch for anything that just doesn’t seem right.
As described in our pros and cons list above, most Bartlesville We Buy Houses for Cash companies apply the 70% rule, meaning they’ll offer you about 70% of your home’s after-repair value minus their estimated repair costs.
Here’s an example of what a simplified formula might look like:
(Your home’s ARV x .70) – repair costs
To see how this might work in a real-world scenario, let’s take a look at an example offer equation. Let’s say your Bartlesville Art Deco could sell for $250,000 after repairs, but it will need $30,000 of work to get there.
($350,000 x .70) – $30,000 = $145,000
In this example, a Bartlesville We Buy Houses company might offer you around $145,000 for your home.
However, different types of house-buying companies will offer varying amounts for homes. As mentioned previously, iBuyers tend to pay more than We Buy Houses companies because iBuyers look for homes in better condition. An iBuyer might pay you 90% or more of market value while charging a fee for their services.
When you accept an offer from a Bartlesville We Buy Houses for Cash company, you will likely be coming to grips with a double-edged sword. On the one side, it shouldn’t cost you any additional money because these companies make an offer and handle almost everything once it is accepted. Conversely, you’ll likely get less money overall for your home.
Because We Buy Houses for Cash companies tend to focus on distressed homes, they typically have zero fees. Many will even cover your closing costs. In most cases, this means that the cash offer you receive will be the price you walk away with at the end of the deal. Of course, asking the company if any hidden program fees might impact your bottom line is always a good idea.
- Research and vet the house-buying companies that serve your Bartlesville area. Our list above is a good place to start.
- Submit offer requests to a few of the companies you like best.
- Schedule any required on-site property visits.
- Compare offers. Weigh the pros and cons and choose the best option for you.
- Close the sale in a week to 30 days and get paid. (Some companies will let you choose a closing date up to 90 days after accepting the offer, which can be helpful when planning a move.)
We Buy Houses for Cash in Bartlesville vs. top Bartlesville agent
Another helpful exercise is to compare how a We Buy Houses for Cash company might stack up against working with a real estate agent. Let’s take a glance at how different aspects of the sale might look and compare possible proceeds.
| Aspect of the sale | Sell to a We Buy Houses for Cash company in Bartlesville | Sell with a top Realtor in Bartlesville |
| Selling timeline | 7 to 30 days | 79 days average; 35 to attract an offer, 44 to close the loan |
| Home preparations | None | Deep clean, declutter, make necessary repairs, landscape, stage home |
| Showings | None | 10 to 25 showings average |
| Inspections / repairs | None | May need to make additional repairs for the buyer or renegotiate the price |
| Appraisal | None | May need to lower your asking price if the appraisal comes in low |
| Title search | Cash-For-Homes companies often handle title issues | Must clear title before you can sell the home |
| Financing contingency | None | Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear |
| Agent commission | None | 3%-5.8% average |
| Closing costs | None | 1% to 3% of the home sale price on top of agent commission |
Example net proceeds
Below, we’ve compiled one example of how net proceeds may differ between selling a home to a We Buy Houses for Cash company and an agent-assisted sale.
Let’s say your home in Bartlesville is worth about $250,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $275,000.
| Sell to a We Buy Houses for Cash company in Bartlesville | Sell with a top Realtor in Bartlesville | |
| Estimated sale price | ($275,000 x .70) – $25,000 = $167,500 | $250,000 |
| Market preparations | 0 | $2,500 (1% of sale price) |
| Agent commissions | 0 | $7,500 (3%) |
| Closing costs | 0 | $3,750 (1.5%) |
| Estimated take-home for seller | $167,500 | $236,250 |
As this example illustrates, financially, it’s usually in your best interest to partner with an experienced real estate agent.
However, net proceeds are not the only consideration when selling a home. What’s best in your situation will depend on the condition of your property, what level of repairs are needed, and your selling objectives. It could be that selling on the open market will be a challenge in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Fast sale: House-buying companies in Bartlesville can close deals quickly, often within days or weeks, making them ideal for urgent situations.
- No repairs needed: You can sell your house in its current condition without spending time or money on repairs or upgrades.
- Lower offers: Cash-for-homes companies typically offer less than market value, which could mean receiving less for your property than you might with a traditional sale.
- Limited negotiation: Most offers from house-buying companies are firm, with little room for negotiation on price or terms.
- Convenience: These companies simplify the selling process, eliminating the need for open houses, showings, or lengthy marketing efforts.
- Risk of scams: It’s important to vet buyers carefully, as not all house-buying companies are reputable.
- Know your home’s worth: Always be aware of your property’s estimated market value before you proceed with a cash-offer company.
At HomeLight, we’re happy to lend a guiding hand in navigating your real estate journey. Let us help you make an informed and confident decision, whether you’re looking for a no-obligation cash offer through a trusted platform like Simple Sale or seeking to consult with a top Bartlesville agent.
Header Image Source: (iriana88w / Deposit Photos)
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