Are you starting the process of selling your home? When you think about how to sell your house, you may want to determine what kind of buyer you’re looking for.  

Some common buyers to look for when selling a house in Oklahoma City include: 

• Traditional buyers 
• iBuyers 
• Off-market home buyers 

As you review the different options for selling your home, you’ll want to consider how fast you’d like to sell, your intended selling price, and your goals and timeline. 

Selling to a traditional home buyer

When you sell to a traditional buyer, you’re opting to work with a real estate agent to assist with your home sale. Working with a real estate agent is the most common way to sell your house and can be a good fit if you don’t mind the wait, the work, and the expense that may be required. A real estate agent will assist you throughout the entire process, from listing and marketing to handling buyer negotiations and assisting with the closing process.  

Pros:

• Real estate knowledge: Agents will use their local knowledge of the Oklahoma City housing market to assist you with pricing your property. They have a network of professionals at their disposal for every step of the process.  
• Professional guidance: When you work with a real estate agent, they will provide recommendations for your sale and handle all of the complex paperwork.

Cons:  

• Agent commissions: When you sell with an agent, you will need to pay agent commissions. Historically, real estate agent commissions are around 5%–6% of your home price.  
• Additional selling costs: When you sell to a traditional buyer, they will likely want a move-in ready home. This means you may need to invest in repairs, updates, cleaning, and staging to prepare your house for the market.  

Selling your house to an iBuyer

iBuyers are online investors that use technology to make fast, often immediate offers for houses. They provide sellers with access to quick, convenient online sales.  

Pros:

• Quick online transactions: iBuyers make their offers online, using an algorithm that can provide a quick offer. iBuyers can often close deals in a matter of days, making them a good option when you want to sell fast.  
• Sell from anywhere: When you sell your house to an iBuyer, you have the freedom to sell from anywhere in the United States, regardless of your physical location. You can avoid the hassle of scheduling showings and open houses, as well as making repairs.

Cons:

• Online service fees: iBuyers charge high service fees, which can range anywhere from 5% to 15% of your home sale price. On top of that, some iBuyers charge additional fees.   
• Impersonal service: The process can feel robotic due to the online nature of the transaction. Because of the lack of interaction, there can be little room for negotiation or personalized service.  

Making a direct home sale

You can also sell your house directly to a house buyer like We Buy Ugly Houses^®. This home-selling alternative offers speed and simplicity, especially when you’re selling a house that needs repairs or trying to streamline your home sale.  

Pros: 

• No need for repairs: When you make a sale to an off-market home buyer, you can sell your house “as is,” without spending any time or effort on making home repairs.  
• No commissions: Selling to a home buyer like We Buy Ugly Houses lets you skip paying upfront home-selling expenses. You can avoid paying any real estate commissions, processing fees, or additional costs.  

Cons: 

• Lower offers: Getting a direct sale with an off-market home buyer means that you are getting a discounted offer in return for convenience and speed. Our offers are typically below market value to account for the property’s current condition. 
• Prevalence of scams: Because of the lack of oversight for direct house-buying companies, it’s important to vet potential direct buyers to avoid scams or unreliable offers. You should always do your due diligence by checking with the Better Business Bureau and reading online seller reviews.