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Joan Elflein | Realtor, Ohio Broker Direct

Business Category: RealtorBusiness Tags: Realtor
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Joan Elflein is a licensed real estate agent with Ohio Broker Direct in Columbus, and a member of Dayton REALTORS®.

Recent Sales Activity

Over the past 12 months, MLS records show Joan on 18 closed sales (18 as the listing agent, 0 representing the buyer), about $7,691,400 in total sales volume. Most active in Springboro, Kettering, Xenia, Washington Township, Tipp City and Beavercreek Township.

Overview

Joan Elflein is the principal broker and founder of Ohio Broker Direct, a flat-fee brokerage whose work centers on for-sale-by-owner programs and flat-fee MLS listings. Over the past 12 months, her MLS record in the Dayton area shows 18 closed sales totaling $7,691,400 in volume. All 18 were on the listing side.

Her Dayton-area activity covers a wide stretch of Montgomery, Greene, Warren and Clark county communities, from Springboro and Kettering to Xenia, Lebanon and Brookville. Prices run from $183,000 to $1,044,000, with a median of $401,500.

Her brokerage is based in Columbus, and her Miami Valley work is concentrated in listings she has taken to market for sellers across the region.

The sales record in numbers

Joan Elflein’s 18 closings in the past 12 months were all listing sides, with no buyer-side transactions. The $7,691,400 in total volume works out to a median sale price of $401,500, and the middle of her range sits comfortably above the lowest sale of $183,000 while stopping well short of the top at $1,044,000.

Pricing discipline shows in the sale-to-list figure. The median sale-to-list ratio on her listings was 100.0%, meaning the typical home closed at its asking price. Ten of her 18 listings, or 10 of 18, sold at or above asking.

Her listings took a median of 49 days on the market to sell. For a group of homes that spans entry-level properties and a seven-figure sale, that is a measured pace, and it fits with the asking-price results above.

The mix of properties is varied. None of the 18 sales was new construction, so the record reflects resale housing. About 44% of the homes were renovated, and one sale was a multifamily property. That blend of updated single-family homes, a multifamily sale and a range of price points reflects a listing business that is not tied to one segment.

Where she works

Her closings are spread across ten Dayton-area communities rather than concentrated in a single market. Springboro led with 3 sales, followed by Kettering and Xenia with 2 each. Single sales closed in Lebanon, Waynesville, New Jasper Township, Englewood, Brookville, Beavercreek Township and Washington Township. She recorded no sales in the city of Dayton itself or in West Dayton during the period.

In Springboro, her three sales had a median price of $368,700, against an area median of $425,000. In Kettering, her two sales had a median of $258,000, nearly matching the area median of $260,000. That closeness suggests her Kettering listings were priced squarely in the middle of the local market.

Xenia is one place where her work sat above the local median. Her two sales there had a median of $389,750, compared with an area median of $250,000. In Lebanon, her one sale closed at $544,900 against an area median of $370,000.

The widest gap is in New Jasper Township, where her single sale closed at $825,000 and the area median is $290,000. That sale fits with the Jamestown-area luxury listing her firm has written about, a $1.04 million sale at 4309 Alleghany Trail, which accounts for the top of her price range.

In Englewood, her one sale closed at $398,000, compared with an area median of $245,000. In Waynesville, her sale at $405,000 was close to the area median of $425,000. In Brookville, her sale at $235,000 came in a little under the area median of $272,735.

Taken together, the figures show an agent who sells at and above local medians in several communities, including some of the higher-priced homes in the areas where she lists, as well as homes priced near or modestly below the middle of the market.

Background and credentials

Joan Elflein is the principal broker, founder and, in the firm’s own words, the driving force behind Ohio Broker Direct. Her brokerage profile lists Ohio broker license #386319. She says she is also a Realtor and a member of the National Association of Realtors.

She dates her start in real estate to 1983 and describes roughly 40 years in the business. Her profile also says she has overseen more than a billion dollars in transactions over that time.

Ohio Broker Direct was founded in the early 2000s as a flat-fee brokerage. Its programs focus on for-sale-by-owner sellers and flat-fee MLS listings, which allow homeowners to place a property in the MLS without a traditional full-service commission arrangement. Her listed services include acting as listing agent and buyer’s agent, as well as consulting and limited-service brokerage.

She also says she provides guidance to clients who use Self-Directed IRAs to invest in real estate. The firm offers a discount program for veterans, active military and firefighters.

Her brokerage is a small operation. Tana Lantry is also listed as a broker at the firm, which operates from Columbus while handling listings in the Dayton region.

How her work fits the local market

With 18 listing-side closings in 12 months, Joan Elflein’s volume reflects a steady, listing-focused practice, and it does not include any buyer-side work. Her Dayton-area activity is notable for its geographic range and for the consistency of her pricing results, with a median sale-to-list ratio of 100.0% and more than half of her listings closing at or above asking.

The flat-fee model her firm uses is consistent with the numbers. A seller who chooses a flat-fee MLS listing typically handles more of the process directly, and the 49-day median time on market suggests homes found buyers at a reasonable pace on those terms.

Her range of work, from a $183,000 sale to a $1,044,000 luxury closing in the Jamestown area, shows that the flat-fee approach has been applied across the price spectrum in the Miami Valley. For homeowners in Springboro, Kettering, Xenia, Lebanon and neighboring communities weighing how to list a home, her recent record offers a concrete set of results to review.

Contact

Office phone: (614) 989-7215
Profile on the Ohio Broker Direct website

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Sales figures come from Dayton REALTORS® MLS records and are updated monthly. Information deemed reliable but not guaranteed. Is this you? Claim this listing to add your photo, bio and contact details.

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