Columbus home buyers continue to be challenged by real estate market conditions, according to a buyer confidence survey by the Ohio Association of Realtors®. Over half of the respondents said that the #1 reason they did not buy a home, is because they could not find the right property.
This isn’t a matter of home buyers being too picky. Instead, it indicates that potential home buyers are not finding a suitable home in their price range, in their desired area.
Columbus home inventory remains lean as distressed properties disappear, and existing home owners sit tight. Homeowners who bought at the peak of the market, with zero-down or low-down payment loans, still lack sufficient equity to sell at a profit. Low home inventory and higher prices also prevents some would-be sellers from trading up to a newer or larger home.
This does not mean it’s impossible to find the right Columbus home. The common mistake most would-be buyers make, is in performing the entire home search themselves. New listings arrive on the market daily, and active listings go under contract daily. Trying to “catch” the right property online, before it goes under contract, can be very difficult.
Properties that “show well” and are “priced well” (better than the competition) sell very quickly! However, homes that fail these benchmarks may languish on the market! It is CRITICAL to know the differences, and to understand market nuances, strategies and tactics.
While a Columbus online home search provides you with insights to home inventory and pricing, it is not a substitute for working with an Exclusive Buyer’s Broker. We have immediate MLS notification access to new listings, along with levels of information that go beyond what is available to the public
This enables us to notify you instantly of new listings that match your criteria, on your private Buyer-Client portal of homes. This means you are notified of new listings within seconds of them arriving on the market. Also, we can show you any property in the Metro Columbus area, even sale-by-owner homes.
Simply put, we can save you a great deal of time and frustration in your home search! We also represent you throughout the entire home buying process, keeping you educated and informed.
As your Exclusive Buyer’s Broker, we serve your best interests at all times. Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.
Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!
Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!
Broker, CEBA, CEBA-M, CNE, CSP, ABR-M, e-PRO, GREEN
Buyer’s Resource Realty Services
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax