Frequently Asked Questions

Since starting our business we’ve worked with a lot of people and received a lot of questions about what we do. We’re an open book and pride ourselves on always being a wealth of information for the people we work with. Below, we provide answers to some of our most frequently asked questions. If you are curious about something not mentioned below or if you would like a better understanding of how our services can impact you specifically, please reach out to us here or give us a call: 405-300-5817

Q:  What are the benefits of working with McKinnon Home Buyers?
A: When you work with Brandon and his team you will know that you are working with a group that is focused on more than just buying and selling homes. We take tremendous pride in what we do and the areas we serve. We work with homeowners all over the OKC area to determine which method of selling will best help them to reach their goals.

Q:  Will you be listing my house on the MLS or actually buying it?
A:  Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses Oklahoma City that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.

Q:  Do you pay fair prices for properties?
A:  Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another homeowner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!) Here’s a breakdown of our formula.

Q:  How do you determine the price to offer on my house?
A:  Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.

Q:  Are there any fees or commissions to work with you?
A: This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking the risks here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand).

Q:  How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re home buyers. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).

Q:  Is there any obligation when I submit my info?
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.

Q:  What kind of houses are you looking for?
A: We specialize in helping homeowners find the best ways to sell their single-family properties.

Q:  How long will I have to wait for an offer?
A: In most cases, we can provide you with an offer within 24 hours.

Q:  How long will I have to wait for the closing?
A: After the offer has been accepted, most closings can occur within 7 business days. However, we will always close on the day that works best for your schedule.

Q:  Why do you do what you do?
A: Because we enjoy solving problems and we are passionate about helping others. We love to give back to the local communities we live and work in. By helping homeowners find solutions to their stressful situations, we can help to revitalize whole communities.

Q: Is there any cost to work with you?
A: Never! We are direct buyers who will never charge you a dime in commissions or fees. Our process will save you money by eliminating all of the typical costs of a traditional sale.

Q: What makes you different from other home buyers?
A: We’re not just out to buy homes. Our mission is something bigger. Our goal is to be able to help people out of stressful situations so they are at a place where they can move on with their life. We create solutions and handle all of the details. We will always go the extra mile, even helping you in the search for your next property.