Cincinnati Real Estate Team Archives -

Selling Your Cincinnati Home – Step 2

November 25, 2017 by Eric Lowry

513-368-3751 to Connect with a Top Real Estate Agent in Cincinnati

Home Values	Brand New Listings	Contact Us
West Chester	Liberty Township	Mason
Monroe	Fairfield Township	Fairfield

Step 2 to Selling Your Cincinnati Home : Price It Right

One of the most important steps in selling your home is determining what price to list it for. Research shows that a house priced right at market value sold in just half the time compared to homes priced above market value. In addition, homes priced at market value ended up selling for almost $4,000 more on average.

Pricing your home at or just below market value might seem a little counterintuitive, however it will work to your benefit. Many homeowners think that pricing their home a little over market value will leave them room for negotiation. In actuality, this just dramatically lessens the demand for your house (see the accompanying chart).

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price it so that demand for the home is maximized. By doing this, the seller will not be fighting with a buyer over the price, but will instead have multiple buyers fighting with each other over the house. This is especially likely to happen in the current market, as housing inventory is extremely low.

Your Realtor also plays a crucial role in pricing your home. They will perform a Comparable Market Analysis (CMA) for you, which takes into account recent sales of similar homes in the same market area and current market trends. This will help educate and assist you as you decide what price you will put your house on the market for.

Questions about selling your house?
Call/text Eric Lowry and The Lowry Team at 513-368-3751.

Grant Iseley Joins The Lowry Team

April 27, 2017 by Eric Lowry

Grant Iseley Joins The Lowry Team, Keller Williams Realty

The Lowry Team is excited to introduce their newest team member! Grant Iseley is taking on the role of Buyer Specialist for The Lowry Team.

Grant’s outgoing, timely and servant attitude makes for a perfect Real Estate Agent. Although he grew up in California, family ties brought him back home to the Greater Cincinnati area twice yearly for Christmas and Summer. Through these visits Grant grew to love the city and its people, driving him to move East for college, attending the University of Kentucky for a degree in Hospitality.

After college, Grant and his soon to be fiance made a brief move to back LA, where Grant had his first taste of the real estate market, working for a large Real Estate Servicer as an Asset Manager and then as a Client Relations specialist, dealing directly with banks and real estate agents, on short sales, bank owned properties (REO) and auctions. Working with clients such as Auction.com, Bank of America, Nationstar, Altisource, etc.

Grant now resides in downtown Cincinnati, specializing in residential real estate sales in the Greater Cincinnati area with a focus on West Chester, Liberty Township, Mason, Fairfield, Fairfield Township and the Northern Cincinnati suburbs.

The Lowry Team is an award winning, full service real estate firm specializing in the Northern Suburbs of Cincinnati. The Lowry Team’s culture is that of a fun, high energy group who prides themselves on providing, personal, professional real estate service.

The Lowry Team is “Different by Design”…taking a team approach to home buying and selling. The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associate and a Marketing Director. Don’t Hire an Agent…Hire a Team. The Lowry Team.

Contact The Lowry Team today!
Call or text 513-368-3751

Selling a House in Cincinnati – 6 Steps to Selling Your Home

February 2, 2016 by Eric Lowry

513-368-3751 to Connect with a Top Real Estate Agent in Cincinnati

Home Values	Hassle Free Listing	Contact Us
West Chester	Liberty Township	Mason
Monroe	Fairfield Township	Fairfield

Whether you are thinking of selling your home next month or next year, if you want to get the best price for your home with the least amount of stress, it’s going to take some time and planning. Here are the six steps to keep in mind when selling a house in Cincinnati…

Step 1: Hire a real estate professional from The Lowry Team. Eric Lowry, CEO and Listing Specialist for The Lowry Team, will discuss your ideal time frame for selling your home, pricing strategies, tips to prepare for the market, as well as the net profit needed from the sale. Hiring an experienced real estate agent will help protect you and your best interests, and your potential equity in the sale of your home.

Step 2: Price it right. Eric Lowry will share your home’s cur rent market value with you. A Comparable Sales Analysis Comparable (CMA) will be run on your home, which takes into account recent sales of similar homes in the same market area. This detailed CMA, in addition to the current trends in the real estate market and years of experience, will help Eric determine the right listing price for your home.

Step 3: Stage the home to sell. Homes that are staged sell faster and for money than homes that are not. Keep in mind there is only one chance to make a good first impression on potential buyers. The Lowry Team can advise you on what improvements should or should not be made prior to listing your home. We can also refer you to a professional home staging company.

Step 4: Negotiate an offer. Your Realtor will help you negotiate the best sale price and terms for your home. This includes items such as price, occupancy, inspections, etc. Eric Lowry has over 16 years experience negotiating home sales in the Cincinnati area, and his listings sell for around 1% more than the market average – that could mean thousands of dollars more in your pocket. Make sure you hire an expert negotiator to represent you.

Step 5: Plan your move. The Lowry Team has an preferred vendor list to help you plan your move, and can refer you to an excellent moving company.

Step 6: Meet at the closing table. The sellers, buyers and their agents will meet with the title company representative to sign all of the papers and close on the house. Here you will receive the proceeds from the sale of your house, and can celebrate!

Questions about selling your house? Call or text Eric Lowry at 513-368-3751.
Don’t forget to ask about The Lowry Team’s Sale Guarantee…
We’ll sell your home in 88 days, or we’ll sell it for FREE!

Read Selling a House in Cincinnati Part 2 here

The Lowry Team – Keller Williams Realty is an award winning, full service real estate firm specializing in West Chester, Liberty Township, Mason, Monroe and the Northern Suburbs of Cincinnati. The Lowry Team is “Different By Design”… taking a team approach to home buying and selling. The Lowry Team consists of members that are focused on areas of specialization including Listing Specialists, Buyer Specialists, Transaction/Listing Coordinator, Inside Sales Associate and a Marketing Director.

Don’t Hire an Agent…Hire a Team. The Lowry Team.

Buyers and Sellers can reach The Lowry Team Keller Williams by calling or texting 513-368-3751.

Other articles you may be interested in:

Search the entire Cincinnati MLS for Homes For Sale

Find Out The Current Market Value Of Your Home

Where are interest rates headed?

Why Use a Real Estate Team Instead of a Single Agent

Sell Your House Faster – Stage It With Color!

Selling a Home in the Winter

Preparing Your Home for Sale: 10 Tips for Staging a Home

Can my real estate agent represent me on new construction?

Connect with us on Facebook

Connect with us on YouTube

Connect with us on Twitter

How Much Does a Realtor Cost When Buying a House?

January 24, 2016 by Eric Lowry

How much does a Realtor Cost When Buying a House?

Home buyers pretty much always ask the same question when starting their home search: how much does it cost to use a Realtor? The answer might surprise you!

A Realtor’s services are invaluable to you in any real estate transaction, but no one wants to spend more money than they have to on Realtor fees. So good news! All the services of a Realtor and their entire team are free to you as a buyer!

You might be wondering how that is possible. Well, it’s because the buyers agent’s fees are paid for by the seller of whatever home you decide to purchase. So if you were worried about how much using a Realtor to find your dream home was going to cost you, relax. You seriously get all the benefits of working with a Buyers Specialist and their whole team, for free!

Ready to start searching for a house? Contact The Lowry Team at 513-874-1830

Request a Free Buyer Consultation Here

Don’t Hire an Agent…Hire a Team. The Lowry Team.

Buyers and Sellers can reach The Lowry Team Keller Williams at 513-874-1830.

Other Articles You May Be Interested In:

Search the entire Cincinnati MLS for Homes For Sale

Find Out The Current Market Value Of Your Home

5 Reasons 2016 is the Year to Buy a House

A Complete Guide to Buying a Home

What credit score is needed to buy a house?

How do I choose the right lender?

How much down payment do I need to buy a house?

Where are interest rates headed?

Why Use a Real Estate Team Instead of a Single Agent

Can my real estate agent represent me on new construction?

Connect with us on Facebook

Connect with us on YouTube

Connect with us on Twitter

Buying a House in a Sellers Market

January 24, 2016 by Eric Lowry

Buying a House in a Sellers Market

If you’re thinking about buying a house this year, it’s important to be educated about the current real estate market conditions.

There is a 3-4 months inventory of homes for sale on the market right now, which is very low. When inventory levels are between 6-7 months, it is considered a balanced or neutral market. Anything more is considered a buyers market, and anything less than 6 months is considered a sellers market.

What this means is that since there is a low supply, and still a lot of demand, the current real estate market favors home sellers. There is greater competition among buyers which means that homes are selling very quickly. When a new listing comes on the market that interests you, it’s important that you contact your Realtor right away so you can view the home as soon as possible. If you wait a few days to go see it, it likely will have already sold.

This sellers market also means that homes are selling very close to list price. On average, homes in our area are selling at 98% of list price. So if you really love the house and don’t want to lose out to another buyer, you must make a very strong offer. Trying to make a low ball offer in this market is not going to work.

In addition to making a strong offer price, you must also be prepared to provide a pre approval letter with your offer. A pre approval letter strengthens your offer because it shows the seller that you have the financial capability to purchase the home. So it’s imperative you choose the right lender and get pre approved before looking at homes.

Ready to start your home search? Contact The Lowry Team at 513-874-1830.

Don’t Hire an Agent…Hire a Team. The Lowry Team.

Buyers and Sellers can reach The Lowry Team Keller Williams at 513-874-1830.

Other Articles You May Be Interested In:

Search the entire Cincinnati MLS for Homes For Sale

Find Out The Current Market Value Of Your Home

5 Reasons 2016 is the Year to Buy a House

A Complete Guide to Buying a Home

What credit score is needed to buy a house?

How do I choose the right lender?

How much down payment do I need to buy a house?

Where are interest rates headed?

Why Use a Real Estate Team Instead of a Single Agent

Can my real estate agent represent me on new construction?

Connect with us on Facebook

Connect with us on YouTube

Connect with us on Twitter

How do I choose the right lender?

January 24, 2016 by Eric Lowry

How do I choose the right lender?

When buying a home, the first step is to get pre approved. However, that can be easier said than done. Many home buyers aren’t sure how to pick the right lender for their home mortgage.

Some buyers just go with their bank where they have their checking and savings accounts. However, that’s not always the best choice. There are many reasons to at least speak with a second lender to see how they compare.

Some lenders might be able to save you a lot more money than your bank would. This can be for various reasons; sometimes they can offer a better interest rate on your mortgage, and some lenders will even waive or reduce fees to earn your business.

Most home buyers typically look at homes and write offers in the evenings or on the weekends when they are off work. But guess what, banks aren’t open at those times. It’s nearly impossible to get in touch with a typical bank lender in the evening or over the weekend.

Lenders who work for smaller companies are much easier to get in touch with late in the evening or over the weekend. They don’t set strict hours for themselves from 9-5 and will go the extra mile to make sure you are taken care of.

In this market, when you find a home you love, you have to move fast. The ability for you or your agent to easily get in touch with your lender can mean the difference between you getting or losing your dream home.

The Lowry Team has over 16 years of real estate experience and can confidently recommend a great mortgage lender to help you purchase your dream home. Contact The Lowry Team today to get started. 513-874-1830