Advice real estate Columbus OH

[Stacie Elizabeth]

Hello,

I am looking for advice from local real estate agents or investors with market condition knowledge. I listed my first large flip a few weeks ago in Merion Village Columbus OH. Our real estate agent and her broker swears up and down we are priced correctly and says the market has “unexpectedly slowed to a halt and that things aren’t moving” any insight into this?! I am looking for feedback. Link to the listing: https://www.zillow.com/homedetails/366-E-Morrill-Ave-Columbus-OH-43207/2088168577_zpid/

[Michael Hamby]

Well done on the flip that looks gorgeous!    That location is right on the edge of Merion Village and close to Parsons and Hungarian Village.  If anything I would think that is what is hurting.   I have been hearing the market has slowed down a bit as well since school has started back up.   I just flipped one on the west side.   I was underpriced by 6k to the next best comparable, had great feedback, but buyers had options with other listings in the area and wanted to see other houses.  It did not get into contract as fast as I expected.   If you want more showings and for it to sell faster, drop price.   Obviously  you can't change location and the updates look great.