Vote Erin Ogden Oxender for 2022 Columbus REALTORS® Board of Directors!

A Vote for Erin is a Vote for fair and honest representation for all Columbus REALTORS®

Erin has demonstrated over time her commitment to service in the real estate industry with an excellent record of participation since obtaining her state of Ohio Sales license in 2007. As a graduate of both the Columbus REALTORS® Leadership Academy and the Ohio REALTORS® Leadership Academy, she is poised and ready to be an industry leader. She has served as an Alternate OAR Director in 2019 and 2021 and is now asking for your vote as Director in 2022.

Erin is a loyal collaborator and quick-witted confidant. She always operates with integrity and knows it is important to be a good and willing listener. Communication is often a critical linchpin of understanding all sides of an issue and she is committed to hearing the membership of Columbus REALTORS® and increasing communication among the membership from all Brokerages, both big and small.  

Erin Ogden Oxender for 2020 Columbus REALTORS® Board of Directors

Pet Odors May Put Off Your Home Buyers, but Help is at Hand

Pet Odors May Put Off Your Home Buyers, but Help is at Hand (puppy at the spa)

You’re selling your home, so you want to make sure everything is set up for maximum appeal.

You’ve tidied up, moved out some of the bulkier items of furniture and given the place a thorough clean.

There’s plenty of advice out there about setting the scene to make your potential buyers feel at home. Coffee brewing and freshly baked cookies on the kitchen counter, anyone?

However, there’s one household odor that can be an acquired taste.

Your pets. You love them. They’re part of the family and you’re used to their unique odor. Unfortunately, not everyone who visits your property has had the opportunity to get acquainted!

The good news for Fluffy and Fido is that there are plenty of solutions that don’t require them to pack their bags.

Step One – Understand the Pet Odor Sources

OK, we all know what the source is – yep, it’s you we’re looking at Fido!

In fact, there are some simple mechanisms at work here. Urine, feces, and vomit provide a great source of nutrition for smell producing bacteria. So ideally you want to stop that ending up on the carpet and furnishings in the first place.

Most domestic animals will avoid fouling their own living spaces if they can. Some positive reinforcement can help train your pet to go to the door to show you they need to go out. Regular exercise and being aware of the tell-tale signs will help both of you.

Animals are very sensitive to odors and can quickly get the idea that an untreated smelly patch of urine is where they are supposed to go again. Cleaning up accidents quickly and efficiently will help discourage repeat offenders.

Dogs and cats have natural odors in their fur, saliva and sweat. This is going to transfer onto furniture and bedding if they’re allowed to snuggle up. Ideally, they shouldn’t be allowed on the furniture but hey, that’s why we call them pets! Putting a throw over the sofa at cuddle time will help to keep odors out of the fabric. You can easily wash the throw on a regular basis.

Accidents Happen – Clean Up Tips for Rugs and Pet Bedding

Loose fabrics can go straight into the washing machine. The Humane Society recommends that a pound of baking soda can be added to an enzymatic detergent. This will also work on some of the more established dried-in stains and smelly fabric from pet bedding too.

For larger items, like rugs, use a lot of paper towels above and below the site of the urine to soak it up. If it has already dried then dilute it with fresh water and a mild detergent, before soaking it up with paper towels and some old rags top and bottom. Sprinkle and rub in a good handful of baking soda to neutralize the smell.

If it’s a carpet or furniture fabric, then you’ll have to work from the top. A wet vac can be very helpful here.

Wooden floors are a lot easier but be careful not to use any cleaning products that might damage wax wood treatments or varnishes.

According to the Humane Society it’s best to avoid products containing ammonia, or vinegar because the odor can encourage pets for a repeat performance.

Lingering Pet Odors in the Background

No matter how careful you are, there will always be pet odor. This will be apparent to visitors who don’t have pets. You can lessen the effect of this by ensuring that rooms are well ventilated immediately before a viewing. If possible, open the windows. In winter conditions you may need to just do this a couple of minutes before and turn the heating up!

Go with competing odors like coffee and fresh baked bread and anything else that makes a naturally pleasant odor. Air fresheners are a last resort as these are often very obvious and not very effective.

Remember You’re Selling a Home, not a Doctor’s Office

People are looking to buy a comfortable home. It’s important not to be too paranoid and clinical here. Check with the realtor beforehand. Viewers with pets of their own being welcomed by your (well behaved) pooch will make any lingering odors completely understandable.

If they don’t like pets, then discretion is the better part of valor.

Crank up the coffee machine and serve freshly baked cookies!

Sue Lusk-Gleich Honored with Lifetime Achievement Award

Who is the third recipient to receive the very prestigious Lifetime Achievement Award from Ohio REALTORS®?

Our very own Sue Lusk-Gleich!

We are incredibly proud to be associated with one of the most respected REALTORS® in Ohio!

About the Mary L. Pollock Lifetime Achievement Award

The Mary L. Pollock Lifetime Achievement Award was created in 2019 to honor Mary and her years of committed service to real estate and her community in Ohio.

Criteria set forth by the Ohio REALTORS for a member to receive this lifetime achievement recognition:

1. Must be an Ohio REALTOR in good standing with the Ohio REALTORS;

2. Must have had a consistent involvement with the REALTOR Association at Local and State levels;

3. Shown exceptional and meritorious service to the community in which she lives;

4. Has been involved in their community;

5. Must be an active contributor of RPAC (REALTORS® Political Action Committee);

6. Is respected by her peers in the real estate industry;

7. Demonstrate a willingness to share her knowledge and expertise; and

8. Has not served as an Ohio REALTORS President.

Central Ohio Housing Report – August 2021

Three out of five homes sold last month sold over the asking price! The central Ohio housing report graph below is a helpful visual reference showing how often and by how much that was happening. Although inventory is still tight, there were 24% more homes on the market than last year at the same time.

Homes Selling for More than List Price

Unusually high demand for homes in central Ohio and lack of sufficient inventory has resulted in homes selling for more than the asking price for the last couple years.

The number of homes that sold for less than the list price as well as those that sold for more than the list price started almost equally early in 2021. However, homes that sold for more than the asking price escalated quickly and peaked this summer.

Three out of every five homes sold in August sold for more than the home was listed for according to Columbus REALTORS®.
“With such tight inventory, many buyers continue making the decision to offer more than the home was listed,” said Michael Jones, 2021 President, Columbus REALTORS®. “However, in the last couple months, buyers seem to be more contemplative when considering their offers and how much they’re willing to go over what the home may appraise for.”

Even with the tempering of over list price offers, August recorded the highest number of home sales in central Ohio history. The 3,694 sales last month was 9.3 percent higher than one year ago. Year to date (January – August), home sales are 10.3 percent ahead of 2020.

Record high contracts documented in August suggest home sales in September will also be impressive.

The number of listings added to the market last month was almost 12 percent higher than August of 2020, but down almost 13 percent lower than July.
“Fewer homes listed for sale in the fall is not surprising as kids head back to school and traditionally, the housing market tends to take a breath,” added Jones.

“However, even with record sales last month, the number of homes still available for sale was 24.4 percent higher than last year, providing buyers with even more selection.”

The time it took to sell a home remained at 11 days last month.

Homes under $350,000 sold in an average of 9 days. Homes sold between $350,000 and $500,000 took about 10 days to sell. Homes in the $500,000 to $700,000 price range sold in an average of 17 days, and homes over $700,000 were on the market for an average of 28 days.

For the first eight months of 2021, homes have sold in an average of 16 days. Breaking this down by price range, homes under $350,000 sold in an average of 14 days. Homes priced $350,000 -$500,000 took 17 days. Homes between $500,000 and $700,000 took 26 days to sell and homes over $700,000 sold in an average of 38 days.

The average price of a home sold in August was $308,087, up 10.4 percent from August of 2020. The median sale price was up 13.2 percent to $275,000.

August 2021 Housing Report

Columbus REALTORS® is comprised of almost 9,500 real estate professionals engaged in residential sales and leasing, commercial sales and leasing, property management, appraisal, consultation, real estate syndication, land development and more.

The Columbus REALTORS® Multiple Listing Service (MLS) serves all of Franklin, Delaware, Fayette, Licking, Madison, Marion, Morrow, Pickaway and Union Counties and parts of Athens, Champaign, Clark, Clinton, Fairfield, Hocking, Knox, Logan, Muskingum, Perry and Ross counties.

Ohio Residential Property Disclosure FAQs

If you’ve never sold a home before, you may be unfamiliar with real estate disclosures. Also known as Residential Property Disclosures, this is a legally binding document filled out by sellers for buyers to review. It is required by the state of Ohio in almost all residential sales and is typically completed with all other listing paperwork.

First-time sellers probably have a lot of questions about this document. Here are a few things you need to know. Also, remember that one of our expert agents will help you every step of the way during your home sale!

What is a Residential Property Disclosure?

A Residential Property Disclosure or real estate disclosure is a form that accurately describes the condition of a property. It includes questions, checkboxes, and spaces for sellers to provide further detail. The questions are about the integrity of the structure and its interior systems.

What is the purpose of a Residential Property Disclosure?

A Residential Property Disclosure is important because it provides details about a property. The document’s purpose is to alert potential homeowners to any known problems with the house. Buyers have the right to know what they are purchasing, so almost all sellers are required to fill out this form.

What needs to be included in the Residential Property Disclosure?

Any items that are not in working order or that make the property unsafe must be disclosed. However, Ohio disclosure law requires sellers to only disclose items they are aware of. You will not need an inspection to complete the form, only your knowledge of the property. This includes things like neighborhood nuisances, safety hazards, water damage, and anything that has  needed repairs.

When is an Ohio Residential Property Disclosure necessary?

Ohio law requires sellers to fill out a real estate disclosure. There are certain circumstances, however, where it is not needed. For example, when a property is a foreclosure, is being transferred directly between owners, or when a property is transferred to or from a governmental agency. These are some instances where a real estate disclosure is not necessary. If you are confused about whether you need to fill one out, ask your REALTOR!

What happens if a seller lies on the Property Disclosure?

You do not want to lie on a real estate disclosure. Sellers who willfully cover up information about their property can be sued and even convicted of a crime. Also, because a residential property disclosure offers information about issues that can go unnoticed, buyers can rescind their contract after receiving the form. However, the rescission must be before closing, within 30 days of signing the purchase contract, and within three days of receiving the form itself.

If you have any questions or concerns about completing your own real estate disclosures, you can always talk to one of our REALTORS. Don’t hesitate to reach out to us!