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- When selling a property in Oklahoma, there are several legal documents and contracts that must be prepared and executed. These documents ensure that the transaction is legal, and binding, and protect the buyer’s and seller’s interests. The most important legal document in selling a property is the contract.
okchomesellers.com/legal-requirements-to-sell-a-property-in-oklahomaLegal Requirements to Sell a Property in Oklahoma: A Clear ...
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How do I sell a house in Oklahoma?
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What are Oklahoma real estate laws?
One of the first steps in selling a property in Oklahoma is to understand the state’s real estate laws. This includes knowing the legal documents and contracts required, the role of the Oklahoma Real Estate Commission, and the disclosure requirements for selling Oklahoma real estate.
When selling a property in Oklahoma, one of the most important steps is to have a legal contract in place. This contract outlines the terms and conditions of the sale, and it is a binding agreement between you and the buyer.
Sep 23, 2024 · Selling your house in Oklahoma can feel complicated, but it doesn’t have to be! Following the right process will help you sell faster and for top dollar. In this comprehensive guide, we’ll cover how to sell a house in Oklahoma, including how to find a great agent, navigate legal documents, stage your home, and more house selling tips.
- Find A Top-Rated Oklahoma Real Estate Agent
- Decide When to Sell Your Home
- Price Your Home
- Prepare, Market, and Show Your Home
- Field Offers and Make Counteroffers
- Get An Inspection and Appraisal
- Submit Paperwork and Required Oklahoma Disclosures
- Close Your Home Sale
- Next Steps: Sell Your Oklahoma Home and Save Thousands
- Why Trust Us
If you’re looking to sell a house for the best price — and minimize stress along the way — your first step is to find the right real estate agent in Oklahoma. They’ll help you navigate the Oklahoma real estate market, set a competitive price, prepare your home for buyers, and more. Narrow your search to your specific city or neighborhood. You can b...
You may already have a timeline set in place to sell your home. If you have a move-out date, it’s helpful to work backward from that day to determine roughly when you’ll be closing on your home sale. Houses in Oklahoma typically sit on the market for an average of 52 days. Once an offer has been accepted, it takes about 35 days to close on that off...
You can use a comparative market analysis (CMA)to help determine the listing price of your house in Oklahoma. Your real estate agent will generally prepare your CMA, which includes the recent sale prices of other homes sold on the local market. During an assessment of your home, your real estate agent will examine your home’s style, square footage,...
Make necessary improvements
Updating your home increases its value, improves its curb appeal, and will most likely get you more money on sale. Budget for necessary repairs and improvements on your homebefore showing it to potential buyers. Lower-cost repairs include: 1. Replacing missing roof shingles 2. Painting walls with a fresh coat (neutral colors are best) 3. Updating light fixtures and switch plates 4. Power washing exterior siding and walkways 5. Improving curb appeal with basic landscaping 6. Adding fresh caulk...
Write and share your property’s listing
An excellent web listing for your property will help interest buyers. Get professional photos of your home and write up a great property listing description. In your listing description, focus on highlighting your home's best features. Start with a catchy headline that summarizes your house’s main selling point. In the main description, use descriptive but conversational language to paint a picture of life in the home, focusing on its key attributes, recent upgrades, and standout features. Be...
Stage and show your home to potential buyers
When staging your home for showings, create a welcoming, neutral environment that allows prospective buyers to envision themselves living there. Here are some house staging tipsto get you started: 1. Declutter and remove personal items 2. Organize closets and storage spaces to highlight their capacity 3. Deep-clean every area (including baseboards and light fixtures) 4. Open curtains and add strategic lighting where needed 5. Rearrange furniture to create open, flowing spaces 6. Add new throw...
Once a potential buyer submits an offer on your home (usually through the buyer's agent), you and your agent can propose a counteroffer if you want. The counteroffer process can go back and forth until you reach an agreement, one party ends negotiations, or the purchase agreement expires after a certain time period. As the home seller, you don't ha...
Buyers typically ask for and pay for inspections of the property. If the inspector finds issues, sellers in Oklahoma have no contractual obligation to make any repairs — especially to unreasonable buyer inspection requests. However, a seller who refuses to work with a buyer on repairs risks the buyer terminating the deal and seeking another home in...
Oklahoma law requires sellers to make certain disclosuresto the buyer before closing. Sellers must reveal problems with the property that could affect its value or desirability. When it comes to other paperwork, never sign anything without consulting your agent or real estate attorney before signing or filing paperwork. A licensed professional shou...
Closing takes place once both parties have fulfilled their responsibilities in the purchase agreement. Closing typically consists of the following steps: 1. The buyer performs a final walk-through to check the home is still in good condition and confirms repairs have been made. 2. A buyer's lender sends final loan documents to the escrow agent, who...
Whether you’re looking to list your home immediately or 6–12 months from now, it's never too early to start looking for a listing agent, getting advice, and making a plan!
Data sources
The Clever Research Team gathered data for average listing prices, home values, sale prices, median days on the market, and more to create a guide to selling a house in Oklahoma. This information comes from vetted sources, including Zillow, Realtor.com, Redfin, and a commission rate data survey from our partner real estate agents. As the primary sources update, we update the corresponding data in our guides accordingly.
About Clever Real Estate
Clever Real Estate is a trusted platform that has helped over 82,000 people successfully buy and sell homes. We partner with over 3,800 top-performing real estate agents nationwide at reputable brokerages and make real estate more accessible (and affordable!) for everyone. Our free services have earned a reputation for excellence, with a 5-star rating on Trustpilot and more than 3,000 positive customer reviews. Our industry-leading researchers are dedicated to educating buyers and sellers thr...
Jul 31, 2024 · If you're planning to sell your Oklahoma home, an important provision of state law requires you to make disclosures about its condition, physical and otherwise. The purpose is to make sure that the homebuyer gets the benefit of the deal, and also that you do not face liability down the line.
Aug 13, 2024 · By listing on the MLS with the best FSBO sites in Oklahoma, your Oklahoma home gets maximum exposure, and you save thousands of dollars in commissions. We have broken down the important steps in selling a house in Oklahoma, so you can attract more buyers and sell for the best price.
From the moment you decide to put your property on the market in Oklahoma, you’re stepping into a world of contracts, disclosures, inspections, and financial transactions. This article is designed to guide you through the legal requirements for selling property and to ensure your real estate venture is as smooth and stress-free as possible.
