Oct 2020 Columbus Ohio Real Estate Needs

Beginning of the year was busy, then thump, March, April, May was very slow but since, I have been as busy as ever!

The biggest challenge right now is an inventory shortage!

I am the Chairperson of BRAC which is the Builder/Realtor Alliance Committee with the Columbus Board of Realtors (over 8000 strong) as well as a member of the Columbus BIA (Columbus Builder Assn). We had a great forum earlier in the year and we put together an informative article titled Changing Attitudes from NIMBY to YIMBY. We go into the numbers of population growth vs the number of available and homesites. In a nutshell, with the expected population growth through 2050 in our area, we will not have enough housing units unless we change our attitudes on developments and zoning. If you have time, please click on the article, https://columbusrealtors.com/index.php?src=news&srctype=detail&category=1Homepage&refno=338460756

Now, I have some current needs for my Clients and you are my best leads in this low inventory market.

I have a long list of Sellers willing to sell IF they can find some where to go. Buyers would love to buy AND give Sellers time to find something, but who goes first?

It’s a vicious cycle.

There are some ways around this, but it does limit things. Sellers can put a “contingent upon finding suitable housing” clause in their listing agreement. There are ways but it is difficult.

I have to be very careful in ways I never had to before because our association has handed down some still rules to “protect the public”. I serve on the Columbus Board of Realtors Multiple Listing committee as well. I only say this because I have to be extra careful because I have a bullseye on me if I step out of line. One of the ways Agents are doing this is selling homes without giving other Agents a chance to sell the home. We have a new “Clear Cooperation Policy” What does that mean to you? You don’t see as many “Coming Soon” signs anymore. This is because some listing Agents were selling homes during the “coming soon” period without giving other agents and market forces a chance find the true value. If we have a listing agreement, we have to give ALL Agents and Agencies a chance to sell a property. In this low inventory market, that is important.

Sometimes these policies get in the way of common sense because it is all about the Buyers and Sellers. I mention this because I have a long list of needs that I know I can find Buyers/Sellers for that can adjust to the unique situations. Since I do NOT officially have listing agreements, I think I can ask for your help. The following are needs and/or special situations that if you know someone or some situation that may fit, let me know. After 29 years, I have a pretty good network…YOU who can get the word out. If the situation calls for a Buyer and you want to sell but don’t have anywhere to go, my Buyers can accommodate. If you know a Buyer and they can wait until my Sellers identify a future home, they can accommodate.

There are so many benefits.

For Buyers, they don’t have to get into multiple offer situations and you have peace of mind knowing they have a place.

For Sellers, you basically call the shots meaning just tell a Buyer what you need, timewise, they can accommodate. Also, you do not have to prepare/stage/show your house and get it “market ready” Also, FEES are much less than a traditional sale. Below are some situations that you MUST call/contact me directly if you or someone you know has a need.

I have a house in Highland Lakes in the $700’s that will sell if they can find a place in a similar range with a little bit of land in Olentangy or Gahanna areas

I have a house coming in Olentangy schools, East of 23, 4 bed 2 sty in the mid to high $300’s

I need a ranch style home in Delaware City Schools or Big Walnut. If found, they have a beautiful Cape Cod style house (Olentangy Schools) that would sell quickly if they had a place to go.

Would love to find a house in Medallion or close to it with a mother in law suite. She has a wonderful place in Gahanna that would sell quickly as well.

I have a gorgeous 2sty with a walk out on about an acre in a Olentangy subdivision that will come up if he accepts a job transfer.

I have a Buyer who will spend up to 2 million in Bexley or New Albany area.

I need condos under $250k in 43082, Westerville Schools.

I need land anywhere within 5 miles of Westerville Area.

I have a well priced home in Southwestern City Schools that will need some work. Will be priced accordingly but have to wait until health is better so they can move out of state to be back home.

I have 2 big, pristine houses in Highland Lakes $600k to $750K that would come on the market if they can identify a place.

I have a one of a kind, Uptown Westerville, remodeled home that people will be fighting over, (high $300’s low $400’s) they need find a new home 1st but we are getting close.

Got a couple of houses that have renters in them in Olentangy Schools, if you can wait till the end of the lease, you could lock them in (and have rental income while you wait) 1 small ranch on a bit of land, 2nd a 2 sty on Grand Oak subdivision.

A very hard to find condo in the Hayden Run Area, low $200’s that should be available soon.

I have a Ranch in Westerville that will be available when their new build is finished in April or so.

I have these and other situations available, but since they are not officially listed, nobody is under any obligation whatsoever but I’ve sold 3 houses in the last year this way and everyone was happy. Because of my experiences, I have been able to do more “handshake” agreements. And because we are in such a low inventory market, there are benefits for everyone.

Remember, if you know someone who might fit these Buyers or can accommodate Sellers, please call/text/email me to discuss if things can be worked out.