Ohio home prices rose another 8.6% in Nov 2024, reaching $247,700. If you’re looking to sell your home, now maybe a great time. But record home prices also mean record Realtor commissions. On a typical Ohio home, you’ll pay upto $14,000 in commission.
But it’s 2025. Selling a house in the Buckeye State is easier than ever. You don’t need a full-commission Realtor to get top dollar for your home. Follow these simple steps to list on MLS in Ohio, attract buyers quickly, and save thousands!
Selling Your Home in Ohio: 8 Simple Steps
Ohio’s affordable housing friendly neighborhoods attract buyers looking to settle in the heartland. In fact, U-Haul arrivals in Ohio increased by 1.5% in 2024, with Columbus standing out for its residential homes.
To make the most of this growing demand, follow this step-by-step guide to selling a house in Ohio and close in days, not months:
Step 1: Prep Your Home for Sale
97% of agents believe that curb appeal can speed up your sale. Mowing your lawn is a great way to start, but don’t stop there— check for pest infestations. Ohio’s humid continental climate makes it a breeding ground for ants, termites, and bed bugs, which can be a major turn-off for buyers!
You can also carry out a pre-listing inspection to uncover other issues in your property. A home inspection in Ohio typically costs between $325 and $375.
Step 2: Choose How to Sell Your House
Here are 4 options you can consider when selling a house in Ohio:
- Discount Real Estate Brokers: They offer services like contract review and negotiation for a lower fee than traditional agents. Ohio discount real estate brokers charge between 0.5% and 2% as commission.
- Full-Service Realtors: They provide various services from listing to closing, but charge a hefty 5% to 6% commission. In today’s digital age, you can skip the agent and handle most of these tasks yourself, saving you thousands.
- Cash Buyer Companies: Selling to an iBuyer or a cash buyer is one of the best ways to sell your home fast in Ohio. However, you may get lowball offers, ranging between 30% and 70% of your home’s fair market value.
- Flat Fee MLS: If you sell your house with Ohio Flat Fee MLS listing companies, your home will be on the MLS for just $399. Your property will also be on top websites like Redfin and Trulia.
Step 3: Price Your Home Competitively
28.2% of OH sellers had to drop their homes’ asking price in Nov 2024. Inaccurate pricing forced them to stay longer on the market and probably cost them top-dollar offers.
While in a seller’s market, you could price your home up to 10% more than its market value, Ohio is currently a seller’s market. Homes are spending an average of 40 days on the MLS. So, to attract competitive offers, price your home slightly below FMV.
Step 4: Make Your Home Market-Ready
A visually appealing home has a higher likelihood of getting multiple offers. Here’s what you must do to get a market-ready property:
- Stage Your Home: Staged homes sell 70% faster and for 17% above the asking price. The inviting atmosphere helps buyers envision their future in the space.
- Invest in Professional Photography: Ohio real estate photographers can showcase your home’s unique features that increase the impact of your listing. A well-captured residential home is sure to grab the attention of potential buyers.
Once your home is market-ready, don’t wait any longer. Get it on the MLS immediately!
Step 5: Market Your Property Effectively
Whether it is a residential home or a cozy condo, you must showcase your home’s unique features to attract the right audience. Here’s what you can do:
- Craft a Captivating Property Description: A catchy headline with an engaging description will draw buyers’ attention. Use popular adjectives like “modern,” “spacious,” and “luxurious” to make your home stand out.
- Host Open Houses: The best way to connect with potential buyers is by hosting an open house. In fact, 4% of homebuyers found their dream home through an open house. Schedule them on weekends to attract larger crowds and increase your chances of getting more offers.
- Add a Yard Sign: 35% of buyers found their homes because of these signs in 2021 which is relevant even today. FSBO yard signs will feature your name, contact details, and property description.
» Houzeo Reviews: Find out why Houzeo is one of Ohio’s best home-selling websites.
Step 6: Handle Showings and Offers
After your Ohio home is listed, ensure that it is staged and ready for showings. The more presentable your home is, the more likely you are to get offers. And don’t settle for the first offer you get. Consider these factors before making a decision:
- Is the buyer making a cash offer on your house?
- Has the buyer applied for a mortgage? Are they pre-approved?
- Is the buyer willing to waive off some contingencies like home appraisal?
Step 7: Close the Deal
Once you’ve finalized an offer, you can move towards closing the deal. Here are some costs you’ll need to pay when selling your house in Ohio:
- Transfer Tax: This is a one-time fee that’s paid when transferring ownership. The transfer tax generally costs less than 1%.
- Property Tax: You are generally charged approximately 1% of the total home sale value. You can also claim a rebate if you have paid your property tax a year in advance.
- Closing Costs: You and the buyer pay separate closing costs. Seller closing costs in Ohio include HOA, real estate attorney, and home warranty fees.
Step 8: Transfer the Ownership
To transfer ownership to the buyer, you must sign the escrow paperwork, title deed, and other documents.
Once the formalities are complete, the buyer transfers all the funds to the escrow, and the escrow company transfers the funds to you. The process is officially concluded when the buyer’s name is registered in the public record.
Selling a House in Ohio Near Me
City | Selling a House in Ohio Near You |
Cincinnati | Sell My House in Cincinnati, OH |
Should I Sell My Ohio Home Now?
Yes! With rising home prices, now is the best time to sell a house in Ohio. Despite the chilly winters, Ohio’s affordable cost of living and strong job market still make the state appealing to many. Plus, with people relocating for its suburban charm, you’re sure to get a great price for your home.
Frequently Asked Questions
What are the closing costs when selling a house in Ohio?
Home sellers pay 6.25% to 9% as closing costs in Ohio. It usually includes HOA fees, escrow fees, real estate attorney fees, and home warranty fees.
What is the best way to sell your home in Ohio?
When you sell your home with a Ohio Flat Fee MLS company, you not only save thousands of dollars on agent commission but also get easy access to the MLS.
How do I handle multiple offers on my Ohio home?
When handling multiple offers, evaluate each offer carefully, consider competitive pricing, contingencies, and closing timeline.
» Highest and Best Offer: Learn how to handle a multiple-offer situation like a pro.
What are the steps to selling a home in Ohio?
When selling a house in Ohio, you must prepare your home for sale, price it competitively, market it effectively, negotiate offers, and close the sale.
» How to Sell a House in Ohio: Your 8-step action plan for selling a house in the Buckeye State.