Episode 05: The Spring Purchasing Market with Otis Wellborn

During this fifth episode of Intelligent Equity, host Ryan Kiefer welcomes Otis Wellborn from eXp Realty in Cincinnati, Ohio. Otis talks to Ryan about the current status of the spring purchasing market, and offers his expertise on how to make the right offer on a home during such a competitive market.

Episode Highlights:

• Otis Wellborn shares his background in how he transitioned from law enforcement to real estate
• Otis describes the state of the spring purchase market right now
• In the Mortgage Minute, Ryan explains the status of the different housing market ranges
• Do at least 15-30 days of preparation when selling your house
• Start early to get your mortgage loan pre-approval
• Drive through the neighborhoods that interest you in the morning, afternoon, and night

3 Key Points:

1. Otis Wellborn made it into the Circle of Excellence in his first year in real estate.
2. The first-time buyer market in the $100-250,000 range is just under 3 months of inventory.

Resources Mentioned:

• Linkedin: Ryan Kiefer
• Otis Wellborn