Let’s dive into the common myths about online home value estimates, the reality behind their limitations, and why professional insight is the best way to determine your home’s true worth.

The Myth: Online Home Value Estimates Are Accurate

Online valuation tools pull publicly available data to calculate an approximate home value. While they’re a good starting point, they’re far from foolproof. According to Ramsey Solutions:

“Online Home Value Estimators Aren’t 100% Accurate . . . The estimates are only as reliable as the amount of public record data the real estate websites can access.”

These tools often fail to account for crucial factors like neighborhood trends, current market conditions, and the specific details of your home, leading to inflated or undervalued estimates.

The Reality: Why Online Home Value Tools Miss the Mark

Online estimators rely on algorithms and historical data, which can overlook key factors that affect your home’s value. Here’s what they often miss:

1. Your Home’s Condition

Online tools can’t see your home. They don’t know if you’ve recently updated the kitchen, installed new flooring, or if the roof needs replacing. These elements significantly impact value, and only a real estate agent conducting a walk-through can assess them properly.

2. Local Neighborhood Trends

In a growing city like Columbus, neighborhood dynamics matter. Areas like Italian Village, Short North, and Clintonville are experiencing rapid change with new developments, amenities, and an influx of buyers. Online estimators often fail to recognize these hyper-local trends that make your home more (or less) desirable.

3. Accurate Comparable Sales (Comps)

Real estate agents have access to the latest sales data to provide real-time, accurate comparisons. Online tools may pull outdated or irrelevant comps, ignoring critical details like a home’s condition or proximity to amenities.

Why Local Home Value Expertise Matters in Columbus

Columbus, Ohio, is a vibrant market with unique characteristics that automated tools can’t capture. Whether it’s the appeal of walkable neighborhoods in German Village or the family-friendly charm of Dublin, local trends and buyer demand vary widely.

Real estate agents familiar with the Columbus market understand:

• How to position homes competitively in sought-after neighborhoods like Grandview Heights.
• What buyers are looking for, from historic charm to new construction.
• The impact of schools, parks, and upcoming developments on property values.

With their finger on the pulse of the market, agents can provide insights that ensure your home is priced to attract serious buyers and maximize value.

The Comparative Market Analysis Advantage

A Comparative Market Analysis (CMA) is a key tool that agents use to price homes accurately. Unlike online estimators, a CMA considers:

• Your home’s unique features.
• The most recent comparable sales.
• The local market dynamics impacting buyer behavior.

This professional assessment provides a clear and realistic picture of your home’s value, avoiding the guesswork that comes with automated tools.

Bottom Line

Online home value estimators can give you a rough idea of what your home might be worth, but they don’t tell the full story. The true value of your home depends on factors like condition, local trends, and current buyer demand—elements that only a skilled real estate agent can evaluate accurately.

Sell Smart with Sell For 1 Percent Realtors

If you’re ready to get an accurate, expert-backed estimate for your Columbus home, we’re here to help. At Sell For 1 Percent Realtors, we combine local market expertise with our innovative 1% commission model to help you sell faster and save more.

The post Why Online Home Value Tools Can’t Beat Local Agents appeared first on sellfor1percent.

Instead, more homeowners are partnering with real estate agents to ensure a smooth and successful sale (see graph below). Here’s why working with a professional is the go-to choice and why it’s especially critical in the Columbus, Ohio housing market.

The Challenges of Selling Your Ohio Home FSBO

Selling your home isn’t just about listing it online and hoping for the best. It requires expertise in pricing, marketing, legal paperwork, and negotiations. When you go the FSBO route, you’re taking on all these responsibilities yourself.

In Columbus, where the real estate market is competitive and evolving, FSBO sellers often face additional challenges:

• Market Trends: Understanding the nuances of neighborhoods like Clintonville, Short North, and Dublin can be tricky without local expertise.
• Buyer Expectations: Columbus buyers often seek specific amenities and styles of homes that require tailored marketing strategies to meet their needs.
• Legal Requirements: Ohio has unique real estate laws, and handling them improperly could lead to delays or legal complications.

Let’s look at two key areas where a real estate agent’s expertise is invaluable.

1. Setting the Right Price

One of the hardest parts of selling your home is determining the right price. Pricing too high could scare off potential buyers, while pricing too low may leave money on the table or raise questions about your home’s condition.

Why Accurate Pricing Matters when Selling your Ohio Home

A correctly priced home attracts serious buyers, creates competition, and can lead to offers above the asking price.

Real estate agents are skilled at analyzing:

• Local Market Trends: In Columbus, knowing how homes are selling in areas like Worthington or German Village is key to competitive pricing.
• Comparable Homes (Comps): Agents review recently sold homes to determine a realistic price for your property.
• Buyer Behavior: Understanding what buyers are looking for and how they react to pricing ensures your home gets noticed.

As Zillow explains:

“Agents are pros when it comes to pricing properties and have their finger on the pulse of your local market. They understand current buying trends and can provide insight into how your home compares to others for sale nearby.”

The Columbus Ohio Home Market Advantage

In neighborhoods like Italian Village, where historic charm and modern amenities blend, setting the right price can be the difference between a quick sale and sitting on the market for weeks. A local real estate expert ensures you hit that sweet spot.

2. Managing the Paperwork

Selling a home comes with a mountain of paperwork. From disclosure forms to contracts, everything must be completed accurately and in compliance with legal requirements.

Why Paperwork Can Be Overwhelming FSBO

Mistakes on critical documents can lead to:

• Delays: Missing deadlines or incomplete forms can slow down the process.
• Legal Issues: Missteps in disclosure or contract terms could result in disputes or even lawsuits.

How an Ohio Home Agent Helps

Experienced agents:

• Handle paperwork efficiently and accurately.
• Explain each step so you feel confident about what you’re signing.
• Ensure compliance with local and state regulations, avoiding costly errors.

In Columbus, Ohio, where unique neighborhood-specific requirements may apply, having a professional manage these details gives you peace of mind.

Why Selling with a Realtor in Columbus, Ohio Is Essential

Columbus is a thriving, diverse real estate market with unique challenges and opportunities. Neighborhoods like Grandview Heights, Bexley, and Olde Towne East require tailored strategies to appeal to the right buyers.

A local real estate agent doesn’t just handle the technicalities—they bring deep knowledge of the city, its market trends, and what makes each area special. This expertise helps you position your home for maximum exposure and profitability.

Call to Action: Let Sell For 1 Percent Realtors Help You

Selling your home is a significant decision, and having the right team in your corner makes all the difference. At Sell For 1 Percent Realtors, we specialize in helping Columbus homeowners sell their homes quickly, confidently, and for top dollar—all while saving thousands with our low 1% commission.

Let’s create a strategy to sell your home with confidence, whether you’re in Hilliard, Powell, or any other Columbus neighborhood.

The post Why Selling Your Columbus, Ohio Home with a Realtor Is the Smart Choice appeared first on sellfor1percent.

If you’re considering selling your Columbus home as-is, here’s everything you need to know to make an informed decision.

What Does Selling As-Is Mean?

Selling as-is means you list your home in its current condition, without making repairs or agreeing to fixes after a buyer’s inspection. In other words, what buyers see is what they get.

Why Sell As-Is?

This option is particularly appealing for homeowners who:

• Lack the time or resources to make updates.
• Want to simplify the selling process.
• Need to sell quickly due to life changes like relocation or financial strain.

While selling as-is removes the stress of home improvements, it’s essential to weigh the trade-offs carefully.

Pros and Cons of Selling As-Is

Benefits of Selling As-Is

1. Save Time: Avoid delays from scheduling repairs or renovations.
2. Lower Costs: Skip the expense of updates, saving money upfront.
3. Simplify Negotiations: Buyers understand they’re purchasing a home in its current state, eliminating post-inspection repair requests.

Drawbacks of Selling As-Is

1. Reduced Buyer Interest: Homes requiring work may attract fewer buyers.
2. Lower Sale Price: Updated homes often sell for more, as buyers value move-in-ready properties.
3. Longer Time on Market: Fewer interested buyers could lead to extended listing times.

Columbus Market Trends for Selling As-Is

In Columbus, the housing market’s unique dynamics can influence your decision to sell as-is. Neighborhoods like Clintonville, Short North, and German Village often attract buyers willing to take on projects for the chance to own in desirable areas.

Why Selling As-Is Works in Columbus

• Affordability Challenges: Rising home prices and mortgage rates make as-is homes appealing to buyers who are willing to renovate.
• Strong Buyer Demand: While inventory is growing, it’s still below historical norms, giving sellers an edge.
• Customization Opportunities: Many Columbus buyers see fixer-uppers as a chance to personalize their homes in trendy areas like Franklinton or Italian Village.

How an Agent Can Help You Sell As-Is

Navigating the complexities of selling as-is requires the expertise of a professional real estate agent. Here’s how an agent can help:

Pricing Strategy

A good agent will:

• Research recent sales of as-is homes in your area.
• Compare your property to similar listings.
• Set a competitive price that attracts serious buyers.

Maximizing Your Home’s Appeal

Agents know how to highlight your home’s strengths, even in an as-is condition. They’ll emphasize:

• Prime Location: Close to parks, schools, or downtown Columbus.
• Size and Layout: Features that offer potential for renovations.
• Unique Details: Original architecture or spacious lots.

Effective Marketing

Your agent will craft a marketing plan to showcase your home’s potential, using tools like:

• Professional photography.
• Targeted digital advertising.
• Expertly written descriptions to appeal to buyers.

Is Selling As-Is Right for You?

Selling as-is is a viable option in today’s market, but it requires careful consideration of your goals, timeline, and finances. A trusted real estate agent can provide the clarity you need to make the best decision for your circumstances.

Call to Action: Let Sell For 1 Percent Realtors Guide You

At Sell For 1 Percent Realtors, we specialize in helping Columbus homeowners achieve their real estate goals while saving thousands with our low 1% commission. Whether you’re selling as-is or preparing your home for top dollar, our expertise ensures you get the best possible outcome.

The post Should You Sell Your Home As-Is? Insights for Homeowners appeared first on sellfor1percent.

Let’s dive into what co-buying is, why it’s becoming more popular, and how it could work in the Columbus, Ohio, market. Plus, we’ll provide insights to help you decide if this option aligns with your goals.

What Is Co-Buying?

Co-buying is when two or more people, such as friends, siblings, or even a group, purchase a home together. It’s an appealing option for those facing affordability challenges, as it allows buyers to combine resources to achieve their real estate goals.

Why Is Co-Buying Popular in Today’s Market?

According to a survey conducted by JW Surety Bonds:

• Nearly 15% of Americans have already co-purchased a home.
• Another 48% would consider co-buying as a viable option.

In Columbus, where the housing market remains competitive and desirable neighborhoods like German Village, Short North, and Clintonville often come with premium price tags, co-buying can help buyers enter these sought-after areas.

Benefits of Co-Buying

1. Sharing Costs

Affording a home often feels out of reach due to the down payment and ongoing monthly payments. Co-buying allows you to split these expenses, reducing the financial burden. In Columbus, this could mean affording homes in neighborhoods near top schools or closer to Downtown.

2. Affording a Better Home

Pooling financial resources can expand your buying power. Whether it’s a charming historic home in Victorian Village or a modern condo in the Arena District, co-buying could provide access to properties you wouldn’t be able to afford solo.

3. Investment Opportunity

Columbus is a growing city with rising rental demand. Co-buying can be a strategic move to invest in a home that generates passive income through rental opportunities, particularly in areas like University District or Grandview Heights.

4. Sharing Responsibilities

From routine maintenance to larger repairs, owning a home requires commitment. Co-buying allows you to share these tasks, making homeownership less daunting.

Considerations Before Co-Buying

While co-buying has clear benefits, it also comes with challenges. As Rocket Mortgage advises, co-buying is not a decision to take lightly. Before proceeding, address these key considerations:

1. Financial Clarity

Ensure all parties agree on how costs will be split, including the down payment, mortgage payments, property taxes, and unexpected expenses.

2. Defined Responsibilities

Decide who will manage tasks like maintenance, paying bills, and handling tenant relations if the property will be rented out.

3. Exit Strategy

Discuss what happens if one party wants to sell their share of the home in the future. Having a plan can prevent disputes.

4. Legal Protections

Consider drafting a co-ownership agreement with a real estate attorney. This document outlines each party’s rights and responsibilities, providing clarity and reducing potential conflicts.

Why Columbus Is Ideal for Co-Buying

Columbus offers a dynamic real estate market with diverse housing options. From suburban retreats in Dublin and Hilliard to urban living in Italian Village, there’s something for every lifestyle. Co-buying can open doors to these opportunities, especially in neighborhoods with competitive pricing.

Additionally, Columbus’s thriving economy, vibrant cultural scene, and central location make it an attractive place to call home—and a smart investment.

Ready to Explore Co-Buying? Partner with Sell For 1 Percent Realtors!

If co-buying feels like the right fit for your homeownership journey, it’s essential to work with an experienced real estate agent who understands your needs. At Sell For 1 Percent Realtors, we help buyers navigate the complexities of co-buying with ease.

Our expertise in the Columbus market ensures you find the perfect property while saving thousands in commission. Let us help you craft a winning strategy to achieve your real estate goals.

Call us Today!

Contact Sell For 1 Percent Realtors Today!
Whether you’re co-buying, buying solo, or selling your home, we’re here to guide you every step of the way.
Visit SellFor1Percent.com to get started or give us a call to schedule your consultation!

With the right plan and expert guidance, co-buying could be your ticket to homeownership in Columbus. Let’s make it happen together!

The post Co-Buying a Home in Columbus, Ohio: Is It the Right Move? appeared first on sellfor1percent.

Recent data from Zillow reveals that 66% of sellers thought about renting their home before listing, with nearly a third taking the possibility seriously. This is a noticeable increase from 2021, when only 47% considered renting first.

So, should you sell your house and use the proceeds to fund your next purchase, or hold onto it as a rental property to build long-term wealth? Let’s explore the key questions to help you make the right decision for your goals—especially in the Columbus real estate market.

Is Your Home a Good Fit for Renting in Columbus?

Before diving into the rental market, it’s crucial to determine if your home is a good fit for renting.

Location Matters

Columbus has thriving neighborhoods like Short North, German Village, and Grandview Heights that are highly desirable for renters. However, if your home is located in a less sought-after area or lacks proximity to amenities like schools, parks, or public transit, renting it out may be more challenging.

Maintenance and Distance

If you’re relocating out of Columbus or even further, managing the upkeep of your rental property could quickly become a burden. Consider whether you’re prepared to handle emergency repairs or hire a property manager.

Home Readiness

Does your home need significant repairs or updates before it’s rental-ready? In neighborhoods where renters have high expectations—like Dublin or Westerville—you might need to invest in renovations to make your property competitive.

If these challenges feel overwhelming, selling your home might be the better option.

Are You Ready for the Realities of Being a Landlord?

Managing a rental property is more than just collecting rent checks—especially in a growing city like Columbus.

Time Commitment

Owning a rental property means dealing with maintenance calls, tenant complaints, and occasional emergencies. As Redfin points out, landlords must handle unexpected repairs, such as:

• Broken HVAC systems during cold Ohio winters.
• Plumbing issues that disrupt daily life.
• Roof or structural damage caused by harsh weather.

If you don’t have the time or funds to handle these responsibilities, renting might not be the right choice.

Tenant Risks

Even in a stable market like Columbus, there’s always a chance that tenants could miss payments, break leases, or cause property damage. Are you financially and mentally prepared for these possibilities?

Do You Understand the Costs of Renting your Home?

While renting out your home can provide passive income, it’s essential to understand the expenses involved.

Fixed Costs

• Mortgage and Property Taxes: These remain your responsibility, even if your rental income doesn’t fully cover them.
• Insurance: Landlord insurance costs about 25% more than standard homeowner policies.

Maintenance Costs

Plan to set aside at least 1% of the home’s value annually for maintenance—more if your home is older or has unique features like a pool or historic architecture.

Tenant Turnover

Vacancies between tenants can cost you time and money. You’ll need to cover the mortgage and invest in marketing the property until a new tenant moves in.

HOA and Property Management Fees

If your home is in an HOA neighborhood, additional fees apply. Hiring a property manager, while convenient, typically costs about 10% of your rental income.

Should You Rent or Sell Your Home in Columbus?

Ultimately, the decision to sell or rent your home comes down to your financial situation, lifestyle, and long-term goals. If you want a simpler path with fewer risks, selling might be the way to go. Columbus is a hot market with rising home values, making it an excellent time to capitalize on your investment.

Ready to Make Your Decision?

When you’re ready to move, Sell For 1 Percent Realtors is here to guide you. Our team specializes in Columbus, Ohio, helping homeowners save thousands with our full-service 1% commission model.

Whether you decide to sell or rent, we’ll provide expert advice tailored to your situation. Contact us today to start your journey—and take advantage of the incredible opportunities in the Columbus real estate market!

The post Should You Sell or Rent Your Home in Columbus, Ohio? appeared first on sellfor1percent.

What’s Happening in the Columbus Housing Market?

Interest Rates Remain a Key Factor

As of mid-November, mortgage rates are hovering in the high 6% to low 7% range. While rates have increased slightly, this shift has brought notable changes to the market dynamics. Gone are the days of paying $50,000 over asking price or waiving every contingency. Today’s buyers have more negotiating power, and sellers can still achieve top dollar with the right strategy.

Inventory in Columbus Is on the Rise

We’re seeing more homes on the market compared to the frenzied pace of the past few years. This increased inventory gives buyers more options and allows sellers to position their homes competitively to attract serious offers. For both buyers and sellers, the key is adapting to these new conditions with informed, strategic decisions.

Opportunities for Buyers in Columbus

More Negotiation, Fewer Bidding Wars

For buyers, the current market offers a chance to purchase a home without the pressure of competing against multiple offers. Inspection contingencies and remedies have made a comeback, and buyers are often able to secure properties at or below asking price. This shift provides a window of opportunity to find your dream home without overpaying.

Why Now is a Great Time to Buy

Even with slightly higher interest rates, today’s buyers can avoid the inflated prices seen in recent years. And remember, refinancing options may become available in the future if rates drop. In the meantime, locking in a home at a fair price sets you up for long-term equity gains.

Opportunities for Sellers

Homes Are Still Selling for Top Dollar

Despite market shifts, Columbus remains a strong market for sellers. Well-priced homes in good condition are attracting serious buyers. While you may not see a sale within hours of listing, most homes are selling within a few weeks at competitive prices.

Setting the Right Expectations

The market is stabilizing, which means sellers need to adapt their strategies. At Sell For 1 Percent, we help you create a tailored game plan to showcase your home’s value and attract the right buyers. Whether it’s professional marketing, pricing strategies, or expert negotiations, we ensure your home sells for top dollar with less hassle.

Why Choose Sell For 1 Percent?

At Sell For 1 Percent, we’re more than just a real estate brokerage—we’re your trusted partner in navigating the Columbus housing market. Our full-service approach ensures you receive all the benefits of traditional real estate services while saving thousands with our 1% commission model.

How We Deliver Value:

• Technology-Driven Marketing: Your home gets maximum exposure through cutting-edge digital tools and platforms.
• Expert Guidance: With years of experience in the Columbus market, our team provides tailored advice to achieve your goals.
• Transparent Savings: Our 1% commission model means more money stays in your pocket.

Ready to Buy or Sell?

Whether you’re looking to buy your dream home or sell your property for top dollar, the team at Sell For 1 Percent is here to help. Our innovative approach ensures a smooth and successful transaction, no matter the market conditions.

Contact Us Today

Call or email us to learn how we can help you make the most of today’s real estate opportunities. Let’s get started on your journey to success!

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The Power of VA Home Loans for Veterans

For veterans thinking about buying a home, VA home loans offer unique benefits that can ease the journey to ownership. These government-backed loans are designed with veterans’ specific needs in mind, making homeownership possible for those who have served our country. And the perks are especially relevant here in Ohio, where affordable home options are within reach for many veterans and their families.

The primary benefits of VA home loans include:

1. No Down Payment: One of the standout advantages of VA loans is that many veterans can qualify for a mortgage without putting down any cash upfront. This makes homebuying more attainable and frees up resources for other essential expenses.
2. Lower Closing Costs: VA loans place a cap on certain closing costs, keeping more money in the buyer’s pocket. For veterans here in Ohio, where home prices can vary widely, these cost savings can be incredibly helpful.
3. No Private Mortgage Insurance (PMI): Unlike most conventional loans that require PMI when the buyer puts down less than 20%, VA loans waive this extra monthly expense. This can save veterans hundreds of dollars each year, lowering monthly payments and making it easier to manage mortgage costs.

Encouragement for Veterans Selling Their Homes

If you’re a veteran or the family of one, you know that Ohio’s real estate market can shift. Homes that stay on the market longer than expected can be frustrating. But remember, there’s always an audience for well-priced homes, especially when they’re marketed by experts who understand the local market. A VA loan can expand that buyer pool, bringing more qualified buyers to the table.

A Fresh Approach for Ohio Sellers

If you’re feeling discouraged with a home that hasn’t sold yet, there’s hope. At Sell for 1 Percent Realtors, we’re experts in helping homes stand out, and our full-service brokerage can save you thousands. By listing with us, you’ll benefit from our expertise in using today’s technology to attract buyers, keeping your commission costs down to just 1%. Our team knows the Ohio market inside and out, helping you maximize your chances of connecting with the right buyer.

A Special Thank You to Our Veterans

At Sell for 1 Percent Realtors, we extend our deepest gratitude to all veterans and active service members for the sacrifices you’ve made to protect our freedoms. Your service and dedication inspire us, and we’re honored to support you in achieving your homeownership dreams. Whether you’re looking to buy your first home or sell a property that no longer fits your needs, we’re committed to providing top-tier service at just 1% commission, saving you thousands and making every dollar count. Thank you for your service—now, let us serve you.

Let’s Connect and Make It Happen

Owning a home is a cornerstone of the American Dream, and for veterans, VA home loans offer a powerful pathway to making that dream a reality. Whether you’re buying or selling, we’re here to guide you every step of the way.

Ready to make a move? Reach out to Sell for 1 Percent Realtors today to see how our low commission rate and modern approach can work for you. Call us now and let’s turn your real estate goals into reality.

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What Happens to the Housing Market During Election Years?

A History of Calm Amid Election Cycles

Historically, the real estate market often slows in the months leading up to a presidential election. Buyers and sellers adopt a “wait and see” approach, creating a brief pause as people await election outcomes and possible policy changes. However, once the election is over, the market tends to pick up as the uncertainty is resolved.

Looking back, we see this pattern repeat. In 2016, after the election dust settled, Columbus real estate experienced renewed activity, driven largely by a steady economy and low-interest rates. Similarly, in 2020, while the pandemic created challenges, the market quickly rebounded post-election, with low mortgage rates fueling a strong seller’s market.

Why Do Election Years Influence the Market?

Political transitions bring the potential for economic policy changes, impacting everything from tax laws to mortgage rates. People naturally pause big decisions, especially those with financial risk, to see how new policies could affect their personal finances. For example, if tax breaks for homeowners or first-time buyers are anticipated, it may delay buyer activity until after the election. Conversely, if housing policies or mortgage rates are expected to shift, sellers may accelerate their listings before the changes take effect.

How the 2024 Election is Shaping the Columbus Real Estate Market

Interest Rates and Economic Indicators

This year, the economy has shown mixed signals. Nationally, recent reports show low job creation numbers, a shift many attribute to factors like recent strikes and weather events. However, mortgage interest rates remain near 7%, affecting affordability for some buyers. The Federal Reserve’s decisions on rate cuts, potentially on the horizon, may offer relief and stimulate buyer interest.

Columbus Market Resilience

Here in Columbus, despite the larger economic backdrop, homes are still selling. While inventory has reached a six-year high, the demand remains strong, with competitively priced homes still attracting multiple offers. We’re seeing two months of housing supply, marking a healthy, albeit slightly slower, market compared to previous years. What this tells us is that the fundamentals remain sound, making it an excellent time for those who are ready to buy or sell.

Buyer and Seller Tips for Navigating an Election Year Market

For Sellers: Embrace the Opportunity

If you’re considering selling, now is a great time. Despite fluctuations, Columbus remains a seller’s market in many areas. With Sell For 1 Percent, you benefit from our 1% commission model, allowing you to keep more of your hard-earned equity. Leveraging the latest technology, we market your property effectively to reach serious buyers quickly and efficiently.

For Buyers: Get Pre-Approved and Start Watching Rates

With inventory up, buyers have more choices and time to make informed decisions. If you’re shopping for a home, we recommend staying in close contact with your lender and realtor to watch for potential rate changes after the election. At Sell For 1 Percent, we can connect you with trusted lenders and provide the latest updates on rates and housing inventory.

What Can We Expect After the Election?

As we’ve seen in past cycles, we can expect some pent-up demand to be released once the election concludes. Typically, buyers and sellers who were in a holding pattern will re-enter the market, often leading to a slight uptick in activity. Whether Democrat or Republican, historical patterns show that housing market fundamentals often hold steady post-election, with any adjustments occurring gradually rather than overnight.

The Sell For 1 Percent Advantage: Full-Service Real Estate at Just 1% Commission

Navigating an election year market can feel daunting, but with the right partner, it’s an opportunity. At Sell For 1 Percent, we’re a full-service brokerage that utilizes technology to streamline the selling process, saving our clients thousands with our 1% commission model. We handle everything from professional marketing to negotiations, ensuring your home sells quickly and at the best price.

Ready to Sell Your Home?

If you’re thinking about selling, don’t wait. The current market conditions present a fantastic opportunity to list your home and benefit from high demand and limited competition. Reach out to our team at Sell For 1 Percent today and experience the benefits of our full-service approach with only 1% commission.

Let’s make your real estate goals a reality — election year or not. Contact us today to learn more about our innovative approach and how we can help you save.

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The post How the Presidential Election Impacts the Columbus Housing Market appeared first on sellfor1percent.

In today’s market, understanding why this shortage persists can make all the difference when you’re ready to sell.

What’s Driving the Housing Shortage?

Underproduction of Homes

For years, home construction hasn’t kept up with the growth in households. According to industry insights, while 1.4 million homes were built in 2022, the U.S. added 1.8 million households. The gap between demand and supply has only grown, especially here in Ohio, where demand for homes continues to rise as more people move in, forming new households faster than new homes can be built. This imbalance makes today’s market a seller’s advantage.

Rising Costs and Supply Chain Challenges

Rising building costs and supply chain issues that intensified during the pandemic have slowed new home construction. High material prices, labor shortages, and logistical delays have made it more difficult for builders to keep up, meaning fewer homes are being added to the market. Ohio homebuyers are feeling this impact as new construction remains limited, making existing homes even more desirable.

Regional Imbalances in Demand

Some areas are seeing more demand than others, especially Ohio cities with job growth and desirable amenities. However, the number of new building permits often lags behind the pace of this growth. This regional disparity means that the most popular areas remain tightly competitive, with many buyers vying for the same properties.

How Big Is the Housing Shortage?

The U.S. is estimated to be short by about 3.3 million homes. Experts predict that over the next decade, the country will need nearly 18 million new homes to meet future demand. In Ohio, this shortage offers a unique selling point for homeowners who are ready to list. With not enough homes to meet current or projected demand, today’s market creates an opportunity for sellers to shine.

Why This Market Is a Win for Sellers

For those thinking about selling, this shortage can work in your favor. Fewer homes mean that buyers have limited choices, and they’re willing to act quickly on the right property. If your home has been on the market for a while, know that the extended inventory gap will continue to bring motivated buyers to your door, often competing with each other and putting upward pressure on prices.

What Buyers Are Facing in Today’s Market

In today’s market, buyers face unique challenges due to the lack of inventory. With limited options, buyers are often competing for the same properties, which can lead to quicker offers, higher prices, and an urgency to act fast. For homeowners looking to sell, this competitive environment can result in higher offers and more favorable terms.

How Sell for 1 Percent Realtors Can Help You Sell in Today’s Market

As a seller, you want an experienced real estate agent who understands local trends, pricing, and how to best showcase your home. At Sell for 1 Percent Realtors, we’re a full-service brokerage that leverages today’s technology to save you thousands of dollars by selling your home for just 1% commission. With our expert knowledge of the Ohio market, we help you take advantage of today’s market, giving your home the competitive edge it deserves.

Bottom Line

Even though there are more homes for sale than there were last year, the market is still in your favor. With a shortage of homes, demand is high, and buyers are ready. If you’re considering a move, call Sell for 1 Percent Realtors today. We’ll help you make the most of today’s market, saving you money and ensuring a successful sale.

The post Why Today’s Market Works in Your Favor as a Seller appeared first on sellfor1percent.

The countdown is on! Our next live event is just around the corner.

About Our Business

At Sell For 1 Percent, we’re not just about selling homes—we’re about delivering value to our clients every step of the way. With cutting-edge technology and expert local knowledge, we help you sell your home for a fraction of the cost while providing full-service support. Our approach saves you money while maximizing your sale. We’re passionate about serving the Columbus community and making the home-selling process smooth, efficient, and stress-free.

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