If you have a home that you need to sell quickly in Oklahoma City, you have a few options:
- Sell your home with an agent who understands your timeline.
- Sell to an iBuyer if you have a home in good condition.
- Sell to a We Buy Houses company if your home needs repairs.
The biggest downside of these options is the amount of money you'll need to sacrifice to sell quickly. But there are plenty of reasons you might need to give up some cash in exchange for speed, such as a new job in another city or an inherited home.
In this article, we've detailed the best options you have for selling your home quickly in Oklahoma City.
To get cash offers right now, sign up for Clever Offers. A local agent will gather and compare offers for you from leading iBuyers and We Buy Houses companies. Your agent will help you negotiate to get the best price and provide you with a free home valuation so you know what your home is worth on the open market.
What to expect when selling a home in Oklahoma City
In Oklahoma, homes usually sell the fastest during June and slowest during January.
To set expectations for your selling timeline in Oklahoma, look at two factors:
- Median days on market: Number of days before a seller accepts an offer
- Average time to sell: Number of days on market until offer, plus the average number of days to close
Average time to sell a house in Oklahoma
National | Oklahoma | |
---|---|---|
Median days on market | 67 days | 65 days |
Average time to sell | 83 days | 83 days |
Based on Realtor.com data (February 2023) |
In Oklahoma, the current average time to sell is 0.0% faster than than the national average.
» LEARN MORE: Average Time to Sell a House in Oklahoma
How to sell my house fast in Oklahoma City
Best option: Sell your house quickly with an agent
⚡ Quick facts: Selling with an agent
- Percentage of market value you’ll earn: 90–95%
- Average time to sell: 65 days
- Fees you’ll pay:
- Average listing commission: 2.76%
- Average buyer agent commission: 2.83%
- Average closing costs: 3.62%
If you're trying to sell your home quickly in Oklahoma, you might consider hiring an agent to list your property. While there will be some costs involved — such as your agent's commission, the buyer's agent's commission, and closing costs — an agent can help you get the highest possible price for your home. Learn more about the costs involved in selling a house in Oklahoma.
If you're looking to sell even faster, you might consider working with an iBuyer or a We Buy Houses for Cash company. These types of companies typically offer cash payments, which means you won't have to wait for financing to go through as you might with a traditional buyer. However, you may not get as much money for your home as you would with an agent.
Selling with an agent is best for…
- People with homes in good condition
- People with at least 30 days to sell
- People who want to sell fast while making the most money
Tips to sell fast with an agent
- Work with an agent with knowledge of the local market
- List below market value
- Offer credits for repairs
- Mention in the listing that cash offers are preferred
💸 How cash offers work
Cash offers are the fastest path to closing because the buyer doesn't need to get a loan. The financial institution doesn't have to spend time checking the buyer's financials (known as the underwriting process). There's also less risk of the buyer's financial situation changing in a way that puts the sale at risk.
When listing with an agent, you can state your preference for cash offers. Keep in mind, though, that this might limit the number of offers.
Better option: Sell to an iBuyer
⚡ Quick facts: Selling to an iBuyer
- Percentage of market value you’ll earn: 90–95%
- Average time to sell: 8–60 days (customer preference)
- Fees you’ll pay:
- Service fee: about 5%
- Average closing costs: 3.62%
An iBuyer is a company that leverages technology to assess and make an offer on your home. It often pays in all cash, which is why it can close so quickly.
Typically, iBuyers purchase homes in good condition, so if you have major problems with your home, you likely won't qualify.
Typical iBuyer purchase criteria:
- 🏠 Built after 1930
- 💰 Valued at $100,000–600,000
- 🌲 Located on 1.5 acres or less
- 👤 Owner-occupied
iBuyers are still a relatively new way to sell a house — only 27% of homeowners fully understand what they are. Before you consider using one, research how iBuyers work and familiarize yourself with the top iBuyers across the U.S.
Selling to an iBuyer is best for…
- People with homes in good condition that meet iBuyer criteria
- People who are willing to sacrifice about 10% of the sale price for a guaranteed fast sale
- People who don't want to show their homes or conduct open houses
Sell to Opendoor in Oklahoma City
Avg. rating | 4.3/5 across 3,322 reviews |
Service fees | 5% |
Closing date window | As little as 14 days |
Expect to pay a 5% service fee, about <1% in closing costs, and another 1–2% in deductions for repairs requested by Opendoor. In our review of Opendoor, we saw that some customers complained about what they saw as expensive repair costs, but others liked the service for its fast, seamless transactions.
Good option: Sell to a We Buy Houses for Cash company
⚡ Quick facts: Selling to a We Buy Houses company
- Percentage of market value you’ll earn: 50–70%
- Average time to sell: 3–21 days
- Fees you’ll pay: None
One of the fastest ways to sell your home in Oklahoma City is through a We Buy Houses company. These investors offer cash for properties and can often close the deal within a week or two.
While the convenience and speed of this option may be appealing, these companies typically only offer around 70% of the market value of the home. This is because the offer price accounts for any necessary repairs that will need to be made before the home is resold.
If you're considering working with a We Buy Houses company, get offers from multiple companies and compare them before making a decision. Before making an offer, the company will send a representative to walk through the home. Keep in mind that you're under no obligation to accept the offer.
We Buy Houses companies are best for…
- People who want to sell their homes in as-is condition
- Sellers with no iBuyer option in the region
- People with inherited homes (for more info, see our Stress-Free Guide to Selling an Inherited House)
How to choose a We Buy Houses for Cash company in Oklahoma City
Oklahoma City has many cash buyer companies — begin your search by taking a look at our top We Buy Houses for Cash companies in Oklahoma City.
When choosing We Buy Houses companies to get offers from, look at their customer reviews and how quickly they can close on your home. Some cash-for-homes companies in Oklahoma City can close in a week, while others might need up to a month.
Because of the low offer price, many homeowners wonder if We Buy Houses companies are a ripoff. Most cash buyer companies are serious investors who want to make money flipping your home. Because they factor the cost of improvements into the price, their prices may seem like lowball offers. Remember, you can always turn the offer down and walk away if you don't feel comfortable.
Why trust us
Jon Stubbs has spent hundreds of hours researching ways to sell homes quickly. This research includes interviewing real estate agents and representatives from iBuyers and cash buyer companies. The author has written dozens of articles on selling homes with a listing agent as well as non-traditional selling methods.
FAQs
You can sell your home in Oklahoma City in just a few weeks by working with a We Buy Houses company, but you'll likely only make about 70% of the home's market value. You can also sell to an iBuyer or with an agent with a plan to sell quickly. Learn more about selling your home quickly in Oklahoma City.
Right now, the average time to sell in Oklahoma is 83 days, compared to the national average of 83 days. Learn more about selling a home in Oklahoma City.