Real Estate in Oklahoma

The state of Oklahoma allows real estate agents to represent sellers and work with buyers on the same properties. This can be convenient for all parties involved, but it can also create some issues for the seller. For example, a real estate agent in Oklahoma is not obliged to disclose any of the offers a seller has received on a property that the buyer is interested in. On the other hand, the real estate agent is obliged to report any and all offers back to the seller. If the buyer attempts to use the same real estate agent as the seller, then the buyer could be at a significant disadvantage.

All of this is covered in what the state of Oklahoma calls the Broker Relationship Act. This is a law that requires the real estate agent to reveal their business relationships to each part of a transaction as it relates to the sale of a piece of property. Once an agent and the other parties sign an agreement based on the Broker Relationship Act, the real estate agent is bound by law to act within the guidelines set forth by the state. Oklahoma state law also requires all sellers to reveal any and all renovations that have been done to a property if a prospective buyer submits a Residential Property Disclosure request.

To view an exhaustive list of Real Estate Agents in Oklahoma click here.

Residential and Commercial Real Estate Agencies and Associations in Oklahoma

Oklahoma Association of Realtors
Address: Oklahoma Association of Realtors
9807 Broadway Ext
Oklahoma City, OK 73114-6312
Office Phone Number: (405) 848-9944
Toll-Free Number: (800) 375-9944
Web site: www.okrealtors.com

Oklahoma City Metropolitan Association of Realtors
Address: Oklahoma City Metropolitan Association of Realtors
3131 Northwest Expressway
Oklahoma City, OK 73112
Office Phone Number: (405) 840-1493
Web site: www.okcmar.org

Greater Tulsa Association of Realtors
Address: Greater Tulsa Association of Realtors
11505 E 43rd Street
Tulsa, OK 74146
Office Phone Number: (918) 663-7500
Web site: www.tulsarealtors.com

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