Sherri Payne | Realtor, Irongate, Inc.

Sherri Payne is a licensed real estate agent with Irongate, Inc. in Springboro, and a member of Dayton REALTORS®.

Recent Sales Activity

Over the past 12 months, MLS records show Sherri on 12 closed sales (8 as the listing agent, 4 representing the buyer), about $4,112,477 in total sales volume. 1 of those were in the City of Dayton. Most active in Clearcreek Township, Springboro, Jackson Township, Beavercreek, Eastmont and Union.

Overview

Sherri Payne is a real estate agent with Irongate Inc., Realtors, working from the company’s Springboro office at 305 East Central Avenue.

Her record leans toward the listing side. Eight of her 12 closings came from representing sellers, and four came from working with buyers. Those eight listings all sold at or above the asking price, and they went under contract quickly, a combination that is the clearest strength in her numbers.

Her work covers a wide geographic range. Closings in the past year landed in nine separate areas, from Clearcreek Township and Springboro in Warren County to Beavercreek, Englewood, Union, Washington Township, Jackson Township, Eastmont and Lebanon.

The sales record in numbers

Twelve closed sales in a year, with a total volume of $4,112,477, works out to an average of roughly $343,000 per transaction. The median sale price is $273,150, which sits below that average because a handful of higher-priced closings pull the total upward. Her sales range from $77,777 at the low end to $815,000 at the high end, a spread of more than $730,000 between her smallest and largest closings.

The listing numbers stand out. Of her 8 listing sales, 8 of 8 sold at or above asking price. The median sale-to-list ratio on those listings was 100.7%, meaning the typical home closed slightly above its list price. The median time on the market for her listings was 8.5 days, a short stretch from the day a home was listed to the day it went under contract.

The four buyer-side closings round out the year. Taken together with the listings, they give a mix of about two-thirds seller representation and one-third buyer representation.

On the type of property, the numbers are straightforward. None of her closings were new construction, and none were multifamily. About 50% of her sales were renovated homes, so half of her business involved properties that had been updated before or around the time of sale. The rest were existing homes without that renovation designation.

Where she works

Her closings are distributed widely rather than concentrated in one place. Clearcreek Township and Springboro each produced two sales, the largest counts on her list. Single sales were recorded in Jackson Township, Beavercreek, Eastmont, Union, Englewood, Washington Township and Lebanon. Her office is in Springboro, and that city is one of her two most active areas by count.

In Clearcreek Township, her median sale price was $772,500, against an area median of $567,000. That puts her work there well above the typical price in the township, and it accounts for much of her higher-end volume, including the top of her price range at $815,000.

In Springboro, her median price was $415,500, close to the area median of $425,000. That is a near match to the local market. One of her Springboro listings, a single-family home on Springmill Drive, was listed at $425,000, which is consistent with that range.

In Englewood, her sale came in at $278,400, above the area median of $245,000. In Eastmont, her sale at $167,900 was near the area median of $180,000, and in Union her sale at $190,000 compared with an area median of $213,900.

Several of her other sales were priced below their local medians. In Washington Township, her sale of $267,900 compared with an area median of $412,000. In Beavercreek, her sale of $158,500 compared with $330,000, and in Jackson Township, her sale of $77,777 compared with $311,000. Those figures show she handles entry-level and lower-priced homes alongside higher-priced ones.

Only one of her sales was within the city of Dayton, and none were in West Dayton. Her year looks more like a suburban and outlying-area practice than an urban-core one.

Background and professional profile

Irongate Inc., Realtors, her brokerage, was founded in 1975 and describes itself as the largest local independent real estate company in the Dayton area, with seven offices. Its relocation department works with both incoming and outgoing clients. The company is affiliated with the National Association of Realtors and the Dayton Area Board of Realtors.

Payne is listed in the Irongate agent directory with the Springboro office. Her profile there gives the office phone as (937) 748-0000, and she has a direct line listed. The directory does not show professional designations after her name.

In her own biography, she says she spent 25 years as a teacher before moving into real estate, and that she has received multiple awards for sales success. The awards are not named in the material available.

Her public listings show some work beyond single-family homes. A commercial listing profile identifies her as a listing and landlord broker with a focus on land. She is a contact on a commercial land listing of about 13 acres on West Central Avenue in Springboro, co-listed with Irongate colleague Michael L. Palmer. She has also been credited as listing agent on a condominium in Washington Township.

Online agent profiles describe her service area in different ways. One directory lists the greater Miamisburg area. Another names Dayton, Springboro, Cincinnati, Beavercreek, Hamilton, Middletown, Trenton, Franklin, Blue Ash and Germantown. Her profile on that site shows 41 homes closed.

What the year says about her practice

Taken together, the numbers describe an agent whose business is built mostly on listings, with sellers getting quick results at or slightly above asking. A median of 8.5 days on the market and a 100.7% median sale-to-list ratio are the figures most worth noting, and every one of her eight listings closed at or above its list price.

The price range shows a practice that is not confined to a single segment. Her median sale of $273,150 falls in the middle of the market, while her closings reach from under $80,000 to $815,000. Her higher-priced work is concentrated in Clearcreek Township, where her typical sale sat well above the township median, while lower-priced sales appear in Jackson Township, Beavercreek and Washington Township.

Her geography is broad as well. Nine areas in a single year, from Lebanon in the east of Warren County to Englewood in Montgomery County, point to a practice that follows the work rather than staying within a narrow set of streets. Her base in Springboro anchors that activity, and the two Springboro closings, along with two in neighboring Clearcreek Township, are the closest thing to a core market in her record.

With 12 closings in the period, her sample is small enough that individual sales shape the averages. Still, the consistent pattern of fast, at-or-above-asking sales on the listing side gives a clear picture of how her year went.

Contact

Office phone: (937) 336-5053
Profile on the Irongate, Inc. website

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.