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Does it really cost 6% to sell a house? Absolutely not!
More money in your hands sounds great, let us help you sell for less commission charges!

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Home/Blog/Page 67
02 Aug
The Market

Latest Mortgage Rate Update

Posted by author-avatar David Barlow
August 2, 2024
Mortgage Rates Decline Mortgage rates dipped this week, with the average rate for a 30-year fixed home loan decreasing from 6.78% la...
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The market in july was hot! call us for more information (614) 451-6616
31 Jul
The Market

July Housing Market Update

Posted by author-avatar David Barlow
August 2, 2024
Median Home Prices Fell in July Median home prices fell in July, marking the first-ever seasonal decline in a month that’s typically...
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23 Jul
The Market

Interest Rates: Now is the Time to Buy

Posted by author-avatar David Barlow
July 23, 2024
Welcome to this comprehensive market update, where we discuss recent interest rates, mortgage rate dynamics, and why now might be the b...
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Check out the home of Senator J.D. Vance! Call us today! (614) 451-6616
20 Jul
Interesting Houses

Celebrity Houses on Tiktok: J.D. Vance $2M Cincinnati home

Posted by author-avatar David Barlow
October 22, 2024
Senator J.D. Vance, the author of "Hillbilly Elegy" and a prominent political figure, resides in the East Walnut Hills neighborhood of ...
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Recent most expensive homes sold here in central ohio in june! call us today! (614) 451-6616
15 Jul
Interesting Houses

June’s Most Expensive Homes and Trends in Central Ohio

Posted by author-avatar David Barlow
August 14, 2024
Columbus Real Estate Market Update: June's Most Expensive Homes and Trends The Columbus real estate market saw some impressive sales...
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dont hold back and miss out on your dream home! call us today! (614) 451-6616
11 Jul
Buying a home

Waiting for the Perfect Home Could Cost You Your Dream

Posted by author-avatar David Barlow
July 11, 2024
In life, patience is often a virtue, but in the world of homebuying, waiting too long for the perfect home might delay your dream of ho...
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When is the right time to buy a home? Call us today to find out! (614) 451-6616
09 Jul
Buying a home

Now is a Great Time to Buy a Home!

Posted by author-avatar David Barlow
July 9, 2024
When is the right time to buy a home? With the ever-changing dynamics of the real estate market, staying informed is crucial for both b...
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don't be discouraged by your expired listing! call us today to see how we can get your home sold! (614) 451-6616
01 Jul
Sell your house

Overcoming the Disappointment of an Expired Listing

Posted by author-avatar David Barlow
July 1, 2024
If your listing expired and your house didn’t sell, you might be feeling a mix of frustration and disappointment. As you navigate these...
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why homebuyers shouldnt wait! read more in our article! (614) 451-6616
28 Jun
The Market

Why Homebuyers Shouldn’t Wait!

Posted by author-avatar David Barlow
June 28, 2024
In today's volatile real estate market, potential homebuyers face a crucial decision: buy now or wait for better conditions. With inter...
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lets see what we can figure out when we run a comparitive market analysis on your home! call us today! (614) 451-6616
26 Jun
Terms to Know

Understanding the Comparative Market Analysis (CMA) in Real Estate

Posted by author-avatar David Barlow
October 22, 2024
Introduction In today's update, we'll dive into the importance of Comparative Market Analysis (CMA) in real estate. Whether you're b...
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3,750+

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24+

Years Experience

$2 Million+

Commissions Saved

$1 Billion+

in Home Value Sold

Why pay more for less?

THINK WE’RE A DISCOUNT BROKER?

Everything you’d expect from your Realtor® except for the high commission rates. Technology has changed over the years to allow all Realtors® to sell your home faster and for more money, we simply charge a fair rate and pass the savings on to you!

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ALL TESTIMONIALS

About Sellfor1percent

In business since 1998, the Sell for 1 Percent concept started in 2018 as we looked for ways to attract For Sale by Owners. We first started with the “Flat fee” model where a home seller pays a flat fee (normally around $1000) to gain access to the local MLS but in that model the seller is responsible for taking the photos, scheduling the showings, negotiating the contracts and handling the closing. What we found through this process was sellers were not against paying a commission to handle the process of the sale of their home, they were against paying outrageously high commissions and giving away their equity to some real estate agent and so the Sell for 1 Percent concept was born.

Since starting in real estate back in 1998 many things have changed especially the values of homes and technology. In 1998 the medium home sale price in Columbus was $121,700. Since then, the average home sale price in Columbus has risen to more than $300,000 but commissions have remained the same at 6%.

In 1998 the biggest thing in cell phones was the Nextel phone which offered cell phones with a walkie talkie feature that didn’t cost you anything to use. . . The blackberry had not yet been released and the first iPhone didn’t come until 2007. The best TV you could buy to watch the Super Bowl was a Sony 34 inch vacuum-tube set that cost $8000, or over $13,000 in today’s money adjusted for inflation.

In real estate if you wanted to go look for a house you called us and we brought you a telephone sized MLS book that you sifted through. We shot photos of the house’s we were selling with 35mm cameras, took the film over to the local camera shop and then scanned and uploaded the photos to the MLS using high speed 56.6 modems that squawked like a wounded duck when going on line, LOL!

Things have changed a lot in technology since 1998 making our lives as Realtors so much easier. The internet has evolved, the widespread use of email, web sites to search for homes, electronic camera’s, graphic software, 24 hour showing services, electronic signatures and so much more. . . What hasn’t changed? Commissions, agents still want to charge you 6%. . .

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sell for 1 percent, it doesn't cost 6% to sell a house

This all lead to the question for us, with all of this technology were we working more or less than we were in 1998 to sell a house? So we started keeping track of time, we kept track of and detailed the actual number of labor hours it took us to go from start to finish and all points in between to list and sell your house. Much like an attorney does, we kept track of everything it takes to sell a house and our results were stunning. On average it only took us between 6 and 7 hours to sell a home, to do everything from start to finish, everything we normally have done to sell a house since getting into the business in 1998 and our result, it takes less than 7 hours of time to sell a house.

So then that got us to thinking about the numbers, if the average home in Columbus sells for more than $300,000 and the 1% commission on that is $3000, and we know it takes us less than 7 hours to sell a house then we know we are making over $400 an hour. . . Now I don’t know about you but that’s a pretty good living by any standard! What we don’t believe is it is worth $1200 an hour which is what a traditional real estate agent wants to charge you, but hey if they’re your best friend or a family member maybe it is. . .
The whole idea is to provide you with more service for less commission. We want to provide you with more service than you could ever expect from any traditional real estate agent for a fair commission. 

Gorgeous white home sold for 1% commission
2004 is the year we started realizing how much money people are leaving on the table with all the new tech avaibale

HER✈️RE/MAX

After quickly becoming a HER Realtors top producing agent, at 6%, Dave Barlow and his team leave to open RE/MAX First Choice in Upper Arlington, Ohio.

Ready to move? These owners saved thousands using sell for 1 percent
2009, when we decided we didn't want to pay someone else more for no reason

iHome, REALTORS®

The Barlow’s began their first independent brokerage founding iHome, REALTORS® in Northwest Columbus.

Happy client sold home for 1% commission, you can too!
2014, the year we decided to name our company what we do, sell for 1 percent

Sell For 1 Percent Realtors®

Starting in 2018 by leveraging technology and their efficiency/experience the Barlow’s aquired over years of success, they began offering their service for a lower than normal rate, and the rest is history!

  • HOME
  • ABOUT US
    • Our History
    • Read Our Reviews
    • FAQ
  • SELL
    • Selling With Us
    • What’s Included For 1 Percent?
    • Our Recent Sales
    • Home Seller’s Guide
  • BUY
    • Get Pre Approved
    • Exclusive Investment Opportunities
    • Let’s Talk
    • Home Buyer’s Guide
    • First-Time Homebuyer Guide
  • Blog
  • Neighborhoods
    • Ashville
    • Bexley
    • Blacklick
    • Clintonville
    • Delaware
    • Downtown Columbus
    • Dublin
    • Gahanna
    • Galloway
    • German Village
    • Grandview
    • Granville
    • Grove City
    • Groveport
    • Hilliard
    • Lewis Center
    • Merion Village
    • New Albany
    • Northwest Columbus
    • Orient
    • Pickerington
    • Plain City
    • Powell
    • Reynoldsburg
    • Sunbury
    • University District
    • Upper Arlington
    • Westerville
    • Whitehall
    • Worthington
  • Homes For Sale
  • CONTACT US
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