The COVID-19 pandemic, coupled with the upcoming Presidential election, has created an environment where sellers are holding off on listing their homes due to the uncertainty of the nation.
Because of this, this year’s real estate inventory is at an all-time low with only a 1-month supply of homes. To put it in perspective, a normal market is typically between a 4-month to a 6-month supply of homes.
A low inventory market makes it more difficult for buyers because they are now competing with a huge cluster of offers as soon as a house becomes listed for sale. Buyers have to act quickly, often offering well above the listing price.
Experience also is essential when selling a home in this market. Sellers need to evaluate all terms of the contract to determine which offer truly is the best for them. Price is an important component; however, the highest offer is not always the best. Having an experienced agent review the terms of every offer, and discuss the benefits and risks of each one is essential in positioning the seller for the best possible outcome.
“With over 39 years of experience in the local market, we have the knowledge to navigate these hurdles and make our clients successful in this challenging environment,” says Holly Molnar Ruhlig, owner of Advantage Real Estate Services.
Advantage Real Estate Services is a full-service real estate company representing buyers and sellers of residential and commercial property primarily in Pasco, Hillsborough and Hernando counties. Agents at Advantage Real Estate Services understand local market trends, area home values, and critical information about area schools, roads and growth that impacts decisions behind buying or selling a home.
“We have a diversified team of agents, many having over 25 years of local real estate experience,” said Holly. “Our agents are experienced professionals who pride themselves on the highest level of customer service.”
Advantage Real Estate Services, located in a small neighborhood plaza on Bell Lake Road and Lake Padgett Drive in Land O’ Lakes, is where Holly’s parents, Lou and Sharon Molnar, started their real estate company, which they founded in 1981.
Fast-forward to 2020, and Holly has taken the strong work ethic she grew up with to rebrand the company.
“Not many businesses can say they’ve been in the same location for 39 years,” said Holly.
Holly’s mother, Sharon Molnar Johnson, still works alongside Holly, as well as Holly’s sister, Stephanie Meid, and mother-in-law, Linda Ruhlig.
We’re truly a family business, and have created an environment where our agents and clients are extended members of our family,” said Holly, “It’s our collaborative approach that makes us different from other real estate offices.”
Holly and her sister grew up on Lake Joyce in Lake Padgett Estates, and both still call Land O’ Lakes home.
“We absolutely love Pasco County. Our lifelong experience living here is a big advantage when working with people buying or selling homes in the area,” said Holly.
Published October 28, 2020