You want to sell your local Oklahoma City OK home and you want to do so quickly. Right?
Perhaps you have another commitment with the money or you need to move. Whatever the case is, you need to sell your home quickly in Oklahoma City and move on.
Unfortunately, homeowners who need to sell their homes fast soon realize that they are at the mercy of the market. That market will influence whether they sell quickly or not, and how much they can get for their property. And as you’ve seen in our local Oklahoma City real estate market… the market is changing on an almost monthly basis.
Understanding the Oklahoma City Real Estate Market
Overview of the Oklahoma City Real Estate Market
First things first, let’s understand the market you’re diving into. Oklahoma City, the capital of the state, is known for its cowboy culture, rich history, and a booming real estate market. It’s a buyer’s market, but sellers aren’t far behind.
Trends and Growth
Oklahoma City’s housing market is experiencing steady growth, making it an ideal time to sell your home. However, understanding the trends and growth patterns will put you in a better position to make strategic decisions when selling.
The factors that influence whether you’ll sell your home quickly in this Oklahoma City market
There are many factors that influence whether you’ll sell your OK home quickly in this market.
Some of those factors include:
- The national economy
- The local economy in Oklahoma City OK
- Interest rates
- The condition and trends of the neighborhood (is it growing? is it shrinking?)
- The condition of your house and whether it needs work
- The asking price of your house
- The asking price of similar houses in the area
… and so many other factors as well.
You may not have the luxury of waiting around for home prices in your neighborhood in Oklahoma City to go up. Instead, you have to face the realities of the marketplace – especially if the clock is ticking.
The four steps to sell your Oklahoma City house fast
Here are our top strategies for selling your house fast.
First, remember that your house isn’t the only one for sale.
There are many other local Oklahoma City homes for sale and each one is competing for the hard-earned dollars of the buyer. Rather than setting a price that you want to get for your home, find out what similar homes in your neighborhood are selling for. Don’t forget to look at the comparable condition of the house too. Just because you have the same layout as your neighbors doesn’t mean that you’ll get the same asking price, it depends on the condition of the house too.
Second, think about who is the most likely person to buy your home.
Is it a new family with young children? Is it a retired couple who happens to be downsizing? Is it a single woman moving to the area because of a job? There are many reasons that someone will buy a house and their reasons will be influenced by family, jobs, and more. When you understand this, it will help you with the next point…
Third, invest some time, money, and effort into preparing your house for the right buyer.
If the best person to buy your home is a young family then perhaps you’ll want to make sure that you have a great backyard with a swingset. Or if your house is near a busy street to make sure you have a nice fence around the yard to protect kids from going into the street. If the best person to buy your home is a retired couple then perhaps you’ll want to make sure that the home is comfortable for people with no children but who may have a hard time with stairs. Or make sure the landscaping outside is lower maintenance.
Preparing Your Home for Sale
Repairs and Renovations
Before putting your house on the market, make sure it’s in top shape. Small repairs and renovations can make a big difference in attracting potential buyers.
Have you ever heard the saying, “First impressions last”? Well, it’s especially true for home buyers. Staging your home effectively can create a lasting positive impression, ultimately leading to a faster sale.
Fourth, work with a local Oklahoma City OK real estate professional who can help you prepare your home, list it, and close the deal.
Real estate agents are experts at helping you sell your home. There are plenty of agents here in Oklahoma City to work with… and if you want a referral to a reputable agent with a track record, just give us a ring at (470) 670-0087 and we’d be glad to give you some names. When you’ve done all the advanced legwork, you’ll help your agent be able to sell your home quickly.
When you follow these four simple steps, you can sell your home pretty quickly. However, sometimes you want to sell your home even faster than that!
Considering a Quick Sale Company
If you’re in a hurry, selling your home fast OKC to a quick sale company can be an option. However, it’s important to understand the pros and cons of this method.
How to sell your home quickly in Oklahoma City
Sometimes you may not have time to look around at what others are selling for. And sometimes you may not want to wait around or spend the money to fix up your property for your ideal customer. And sometimes you may not want to spend the time waiting while your real estate agent markets and sells your house.
You can bypass all these steps quickly and easily by selling your house to a local real estate investment company for cash. At Koni Capital LLC, that’s exactly what we specialize in buying homes fast.
Homeowners who simply don’t want the hassle or who don’t want to endure the long wait times but just want to sell their home quickly can do so with one phone call to (470) 670-0087.
This is perfect for homeowners who are in financial distress and cannot wait too long to sell their home IF the market will buy it. And, it’s perfect for homeowners who are facing some other crisis, such as a divorce or death in the family. When these events happen, the last thing you want to do is think about painting the house so it’s perfect for someone else! It’s much easier to simply pick up the phone and sell your house with one phone call.
Frequently Asked Questions
How long does it typically take to sell a house in Oklahoma City?
The time it takes to sell a house in Oklahoma City can vary depending on many factors such as the condition of the house, the asking price, and the market conditions. On average, it can take around 30 to 60 days from listing to closing.
Is it better to sell a house with a realtor or by myself?
While selling a house by yourself can save you from paying a realtor’s commission, it does come with its own challenges. Realtors have knowledge about the market, negotiating skills, and connections that can facilitate the process and often sell your home at a higher price. For most people, using a realtor is worth the cost.
What renovations increase home value the most?
Kitchen and bathroom renovations often yield a high return on investment when selling a home. However, it’s important to not over-improve beyond the value of your neighborhood. Other valuable renovations include replacing the roof or windows, adding an extra bathroom, or improving energy efficiency.
What are some common mistakes to avoid when selling a house?
Common mistakes to avoid include overpricing your home, not properly staging it, neglecting necessary repairs, and not marketing it effectively. Moreover, being emotionally involved in the sale can prevent you from making sound decisions.
How can I sell my house fast for the maximum price?
To sell your house quickly and for the maximum price, make sure it’s in great condition and properly staged. Price it competitively according to the market, and market it effectively using professional photos and online listings. Working with a skilled real estate agent can also expedite the process and help you get the best price.
Want to sell your Oklahoma City house fast with one phone call?
It’s easy. Call us at (470) 670-0087 or fill out the form to get more information.