Patrick Lach on How to Survive and Thrive

Cincinnati, Ohio, boasts a thriving real estate market that has garnered attention and interest from homebuyers and investors alike. With its rich history, vibrant neighborhoods, and growing economy, ‘The Queen City’ offers various properties to suit every lifestyle and budget. And in recent years, the Cincinnati real estate market has experienced a surge in demand, coupled with an exclusive inventory of available homes. 

Thus, the market presents unique challenges and opportunities for buyers and sellers, requiring strategic and informed decision-making. Despite being a low inventory market, Cincinnati’s real estate scene continues to thrive, driven by factors such as the city’s strong job market, affordable cost of living, and a wide array of amenities. Homebuyers are attracted to the city’s blend of historic charm and modern development, making the Hamilton County seat an exciting and dynamic place to invest in real estate.

And yet, despite Cincinnati’s unique appeal, there are some fundamentals that you can’t afford to miss in any property transaction. Recently recognized as a Top Agent in Ohio, Patrick Lach, Sales Vice President at Sibcy Cline, is a trusted authority on the subject. While his brokerage operates far beyond the city limits, the former teacher and family business owner has lived and breathed the Cincinnati community for decades. Armed with real estate expertise, the agent has set out to boost the confidence of anyone looking to buy or sell in the city:

1. Evoke your entrepreneurship

You may not have realized it, but if you own real estate, you have an entrepreneur inside you. Having made the wise decision to purchase property, you are now ready to move on. But how do you balance a financial transaction with all the emotion and energy of moving home?

“We agents realize what the memories, family milestones, and every mark and scratch on the woodwork and walls means to you,” Lach empathizes. “But when you decide to sell, your property can no longer be viewed as a home but as a business transaction. And you’d want to get the most out of your business, right?”

So, to get the best deal, rediscover the entrepreneurial spirit that inspired your initial investment. Separate all the feelings you might have from the nuts and bolts of the transaction. Once you’re in an objective mindset, you can assess what a reasonable offer might look like.

2. Rely on your realtor

Many of us are guilty of bearing all the weight without asking for help. The problem is exasperated when dealing with your property as the urge to control its future becomes overwhelming. But remember, you have a professional on hand with the credentials to deal with the technicalities and take a load off your plate.

“Buying or selling a home can be stressful,” the Sales Vice President says. “Lean on your agent—they are there to help you through the whole process.”

Recognizing the aptitude and attention to detail real estate requires, Patrick and his fiancée Kristie Morris lean on each other at work and at home. Partnering up allows the business to play to their individual strengths while maintaining healthy separation and downtime.

3. Be positive but patient

It isn’t easy to stay calm when the rest of your life is on the line. But real estate is a long-term investment, and you shouldn’t compromise on the roof you sleep under every night. Even in Cincinnati, more properties will always come on the market, so don’t make a decision you might regret.

“Take your time looking for a home; it’s the single largest purchase you will make,” the agent says. “Finding a home that meets most of your needs can take lots of time. Stay positive and know that the right home is only one tour away.”

One of the best ways to stay positive is to choose a real estate agent with a strong track record in the locality. Standout stats such as transaction volume can say a lot about a brokerage’s dedication to its clients. But above all else, a family ethos and strong community spirit are tell-tale signs that an agent wants to make your experience as effortless as possible.