Finance
An Oklahoma homeowner receives an offer from a company to buy their home through an iBuyer or 'cash offer' program. These programs typically:
AAlways offer higher prices than the market value
BOffer the convenience of a quick cash sale but often at a price below market value, with various service fees that reduce the net proceeds compared to a traditional sale✓ Correct
CAre regulated by OREC as real estate brokerages
DGuarantee no transaction fees of any kind
Explanation
iBuyer programs offer convenience and certainty (quick cash close, no showings) but typically purchase homes at a discount and charge significant service fees. Sellers should compare the net proceeds of an iBuyer offer versus a traditional market sale before deciding.
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