4 Top We Buy Houses for Cash Companies in OKC
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Richard Haddad Managing EditorRichard Haddad is the managing editor of HomeLight.com. He works with an experienced content team that oversees the company’s blog featuring in-depth articles about the home buying and selling process, homeownership news, home care and design tips, and related real estate trends. Previously, he served as an editor and content producer for World Company, Gannett, and Western News & Info, where he also served as news director and director of internet operations.
At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Therefore, we promote strict editorial integrity in each of our posts.
Selling your home in Oklahoma City can be an exhausting process, especially when your property needs repairs, and you’re short on time or money. That’s where “We Buy Houses” companies come in, offering a quick, all-cash solution to your OKC property problems.
These firms buy homes in any condition, making it easier for you to sell your house without the need for costly repairs or lengthy waiting times. If you’re in a tight spot, these companies can provide you with immediate relief through a cash sale, allowing you to focus on what matters most as you plan your next move.
In this guide, we’ll explore the pros and cons of working with house-buying companies in OKC, show you some local company examples, and compare options to help you make an informed choice.
Sell Your House Fast in OKC With a Cash Offer
Get an all-cash, no-obligation offer on your Oklahoma City home through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses.
Disclaimer: This post is meant to be used for educational purposes only and does not constitute legal or financial advice. Links and mentions of Oklahoma City area “we buy houses” companies should not be considered an endorsement.
Working with house-buying companies in OKC
When you’re in a situation where you need to sell your Oklahoma City home quickly, a house-buying company could be the solution you’re looking for. Here’s an overview of the basic steps you would take when working with a Cash-For-Home business in OKC:
- Contact the company: Reach out to a reputable We Buy Houses company in OKC. You can do this by phone, email, or through their website. Provide basic information about your home, such as location, size, and condition.
- Schedule a home assessment: The company will arrange a time to visit and inspect your property. This assessment allows them to determine the home’s value and the potential offer price.
- Receive a no-obligation offer: After evaluating your property details and market conditions, the company will typically make a cash offer within 24 to 48 hours. This offer is often below market value but is fast and doesn’t require any repairs or staging.
- Accept the offer: If the offer aligns with your needs, you can choose to accept it. (You’re under no obligation.) The house-buying company will then move forward with the purchase process.
- Provide documentation: You’ll need to provide some documents, such as proof of ownership and mortgage details, for the transaction to proceed. The company will typically handle the majority of the paperwork.
- Schedule a closing date: The company will work with you to set a closing date that suits your timeline. Closings can often occur within a week, but you may request a later date if needed.
- Close the deal and move out: On the agreed-upon closing date, you’ll meet with the company representatives and a title company or attorney to sign the final paperwork. You’ll receive the agreed-upon cash payment, and the company will take ownership of your home.
Popular We Buy Houses for Cash companies in OKC
If this process of selling to a house-buying company in OKC 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 Craftsman house or your parents’ ranch-style home. By selling to one of these companies, you should be able to sell your Oklahoma City home in as little as a week or two.
Simple Sale (a HomeLight platform)
Simple Sale, a solution from HomeLight, is an online platform where sellers in Oklahoma City (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 Oklahoma City.
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 Oklahoma City
Closing costs: No prep costs, no agent commissions, and no 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 4.6 stars on Google based on more than 500 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
House Kings Home Buyers
House Kings Home Buyers is a private real estate investing company that specializes in acquiring and wholesaling single-family and multi-family properties in the Greater Oklahoma City area. House Kings Home Buyers takes pride in their efficient and simple 4-step process. They promise to purchase your home in any condition — good, bad, or unattractive — and close in as little as three days. They offer flexible terms with no appraisals or banks involved.
Locations: Oklahoma and Tulsa metro areas
Closing costs: Sellers pay no closing costs. House Kings Home Buyers covers them.
House Kings Home Buyers is BBB accredited with an A+ rating and a strong online reputation. They have a 4.6-star rating on Google with 27 reviews. Clients praise the company for its commitment to deliver on promises, emphasizing that the staff follows through on their words. One client expressed relief at avoiding time-wasting interactions, while another highlighted the seamless and efficient experience from start to finish. The attentive support of team members Tammy and Caroline was commended, making the entire process comfortable and stress-free. Overall, clients enthusiastically recommend House Kings Home Buyers to anyone seeking a reliable and trustworthy option for their real estate needs in the OKC area.
Website: housekings.com
Phone: 405-233-8831
We Buy Houses OKC
Founded in 1998, We Buy Houses is a national homebuying network with independent franchise offices around the country, including Oklahoma City. They buy single-family homes, condos, land, and other types of real estate. Once an offer is accepted, the company sets the closing date, and sellers can expect to close within 7-14 days on average. We Buy Houses OKC also works with foreclosures, sellers behind on payments, short sales, landlord-tenant situations, and vacant properties.
Locations: Nationwide, including Oklahoma City
Closing costs: Sellers pay no closing costs. We Buy Houses covers them.
We Buy Houses has been BBB accredited since 2020 and holds an A+ rating. Customer reviews for We Buy Houses speak to reliability, responsiveness, and fairness. Reviewers express that it was a quick and easy process and an overall great experience.
Website: webuyhouses.com/OK/Oklahoma_City
Phone number: 918-739-6777
Express Home Buyers OKC
Express Homebuyers was founded in 2003 by Jud Allen and Brad Chandler to address the needs of home sellers facing various challenges, such as divorce, foreclosure, or inherited property. Their focus is on providing a respectful and efficient solution for sellers by offering a simple 3-step process to get a fair cash offer for their homes. This process allows sellers to avoid the complexities of listing with a broker, paying commissions, and dealing with a lengthy closing process. Express Homebuyers also covers all closing costs and can assist with moving expenses. The company prides itself on its extensive experience, personalized service, and successful track record in buying homes directly from sellers.
Location: Throughout Oklahoma City
Closing costs: Sellers pay no closing costs; Express Home Buyers covers them.
Express Homebuyers is BBB accredited company with a B+ rating. The company has 4.2 stars on Google based on 114 reviews. One satisfied customer had a great experience with the company, mentioning that the entire staff was extremely helpful. They sold their rental property to Express Homebuyers, which provided a quick home purchase. Despite having a renter in the house, Express Homebuyers efficiently moved up the closing when the renter left early. The customer appreciated the quick and easy process and recommends Express Homebuyers to anyone planning to sell their home as-is.
Note: The BBB site reports a resolved complaint brought against Express HomeBuyers by the Office of the Attorney General for the District of Columbia (OAG). The lawsuit alleged that the company sent letters to DC homeowners falsely claiming that they owed past due property taxes and urging them to act quickly so they would not lose their home to a tax sale or foreclosure. In December 2022, Express Homebuyers paid a fine and entered into a Consent Order with the OAG that settles the allegations.
Website: expresshomebuyers.com/oklahoma
Phone: 877- 804-5252
Why sell your OKC house for cash?
There are plenty of reasons an Oklahoma City home seller may choose to work with a cash-for-homes company. Leading the list are the benefits of speed, certainty, and exceptional convenience.
In Oklahoma City, it typically takes around 78 days to sell a home on the market using an agent. That includes an average of 35 days on the market, plus the typical 43 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 OKC, 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.
Let’s take a brief look at some of the most common reasons OKC homeowners choose to sell their properties to a We Buy Houses for Cash company.
- Significant repair issues: Your home may have substantial issues, such as foundation problems or water damage, that are costly and time-consuming to fix.
- Urgent need for cash or quick relocation: Whether it’s due to divorce, medical expenses, job relocation, or other life changes, you may need to sell your home quickly.
- Lack of funds or desire for repairs: You may not have the money or inclination to make necessary repairs before selling your home.
- Avoiding stress and complications: Selling traditionally can involve staging, showings, negotiations, and a lengthy sales process, all of which you may want to avoid.
- Privacy concerns: You may prefer a private, off-market sale to a cash buyer rather than listing your property publicly.
- Facing foreclosure: Selling your home for cash can help you settle debts with your lender before your credit history is negatively affected.
- Inherited property: You might have inherited a property that you want to sell quickly and easily without dealing with the traditional sales process.
- Relief from rental property management: As a landlord, you may want to sell a rental property, particularly if you’re dealing with problematic tenants.
- Elderly homeowners making a move: Selling for cash can be a convenient way to fund an elderly homeowner moving in with relatives or into a care facility. The quick, simple sale can ease the burden on family members.
- Out-of-state sellers: If you’re living in another state, a quick cash sale can offer the convenience and ease you’re seeking.
If any of these situations resonate with you, a cash offer from a We Buy Houses company might be a viable option. However, it’s essential to view this as a starting point in your search for the best solution. Fully understanding your options, including the pros and cons of house-buying companies, will help you make an informed decision.
Pros and cons of house-buying companies in OKC
When considering selling your OKC home to a house-buying company, it’s essential to weigh the pros and cons. These companies offer the advantage of speed and ease, buying your house as-is without the need for repairs or preparations. However, this convenience can come at a cost. Here are some things to weigh before you decide:
Pros of house-buying companies
For many homeowners, the following benefits make selling to a house-buying company an attractive option:
- Quick sales: One of the most significant advantages is the speed of the sale. House-buying companies often make an offer within a few days and can close the deal in as little as a week.
- No repairs needed: These companies will purchase your home in any condition. You don’t have to spend time or money on repairs or renovations.
- Certainty of sale: Once you accept an offer from a house-buying company, the sale is almost guaranteed to go through, eliminating the uncertainty that often comes with traditional sales.
- Convenience: Selling for cash means you can skip the hassle of showings, negotiations, and waiting for potential buyers to secure financing.
Cons of house-buying companies
On the other hand, there are some drawbacks to consider when selling your Oklahoma City home to a house-buying company:
- Lower offers: The most significant drawback is that these companies typically offer less than market value for your home. Their business model relies on buying low, making improvements, and then selling at a higher price.
- Fewer options: You may have fewer choices regarding the terms of the sale, as house-buying companies often have standardized processes.
- Lack of personal touch: Selling to a house-buying company can feel more like a business transaction than a personal experience, which may be off-putting to some sellers.
- Chance of pressure tactics and scams: Unfortunately, some house-buying companies may not have your best interests in mind. In the face of a desperate home-sale situation, an unscrupulous business may apply pressure tactics. Other offers may not even be legitimate. It’s essential to do your due diligence and work with reputable 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
As we touched on above, when you decide to sell your OKC home to a house-buying company, it’s crucial to thoroughly vet the cash buyer. The level of integrity and service you experience can significantly vary depending on the character of the person or group making the offer. Before committing to a cash offer, take the time to research the company thoroughly.
Check online reviews and testimonials, research the company’s market presence and performance, and ensure they have a positive reputation. Remember, your home is a valuable asset, and it’s important to work with a reputable buyer. Additionally, read the buying agreement carefully before signing, as this document outlines your rights and obligations in the sale.
HomeLight suggests you consult with an experienced OKC 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 OKC home quickly
iBuyers
iBuyers, or instant buyers, leverage automated valuation models to offer near-instant home value estimates and a mostly online home sale experience. They provide all-cash offers closer to market value for homes in better condition, with a process from offer to closing typically lasting a few days to two weeks. But they often charge service fees of 5%-6%. These national iBuyers like Opendoor and Offerpad are usually a better choice for sellers in regions with homogeneous housing and homes in good condition.
Listing with an agent
While most homeowners looking into house-buying companies want quick sales, considering all options is wise, and a top agent in the right market can deliver. In a seller-friendly region, listing your property with a seasoned agent could result in a fast sale at a higher price. HomeLight data shows top agents sell homes for up to 10% more than average agents.
Trusted agents can offer a comparative market analysis (CMA) to help calculate your home’s value, which can estimate how quickly it might sell. Experienced agents may also connect you with buyers offering cash closer to market value. Many agents offer a free CMA, helping you weigh options and make an informed decision.
HomeLight can connect you with a top-performing agent in your OKC market.
FAQs on OKC house-buying companies
By and large, most We Buy Houses for Cash companies in OKC 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 We Buy Houses for Cash companies in Oklahoma City 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 Oklahoma City Craftsman and ranch-style homes could sell for $270,000 after repairs, but it’s going to need $30,000 of work to get there.
($270,000 x .70) – $30,000 = $159,000
In this example, an OKC We Buy Houses company might offer you around $159,000 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 an OKC We Buy Houses for Cash company, you will likely be coming to grips with a two-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 the offer is accepted. On the other side, 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 is going to be the price you walk away with at the end of the deal. Of course, it’s always a good idea to flat-out ask the company if there are any hidden program fees that might impact your bottom line.
- Research and vet the house-buying companies that serve your OKC 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 OKC vs. top OKC 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 Oklahoma City | Sell with a top Realtor in Oklahoma City |
| Selling timeline | 7 to 30 days | 78 days average; 35 to attract an offer, 43 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 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 | 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 put together 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 Oklahoma City is currently worth about $310,000 and needs about $25,000 in repairs. Once the repairs are completed, the home might be worth around $335,000.
| Sell to a We Buy Houses for Cash company in Oklahoma City | Sell with a top Realtor in Oklahoma City | |
| Estimated sale price | ($335,000 x .70) – $25,000 = $209,500 | $310,000 |
| Market preparations | 0 | $3,100 (1% of sale price) |
| Agent commissions | 0 | $17,980 (5.8% of sale price) |
| Closing costs | 0 | $4,650 (1.5%) |
| Estimated take-home for seller | $209,500 | $284,270 |
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 in OKC will be a challenge in your area, or the agent timeline might not fit your immediate needs.
Key takeaways
- Quick sales: Cash-for-homes companies in Oklahoma City offer fast transactions, usually closing within a few days to two weeks.
- No need for repairs: These companies buy homes in any condition, eliminating the need for costly repairs or preparations.
- Less than market value: Generally, these companies offer less than market value for homes, as they aim to profit from reselling them.
- Other options available: Consider alternatives such as iBuyers for homes in better condition, or listing with a top real estate agent for potentially higher sale prices.
- Research is key: Before accepting an offer from a cash-for-homes company, vet the buyer, know your home’s worth, and weigh all your options.
Sellers in OKC considering a cash-for-homes company should gather multiple offers and take the time to assess their options before making a commitment. Consult with a top Oklahoma City agent for expert insights on how quickly and how much your property might sell on the market.
At HomeLight, we are always here to assist you with your real estate needs, whether you’re looking for a cash offer through a trusted platform like Simple Sale or seeking a top OKC agent to help you sell your property quickly and at the best price. Let us help you make an informed and confident decision.
Header Image Source: (Gerson Repreza / Unsplash)
