We Specialize In These Greenville Area Communities

Greer - Simpsonville - Mauldin - Taylors - Traveler's Rest
Fountain Inn - Easley - Powdersville

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A Behind-the-Scenes Look at Hamilton and Co.

Meet our listing agents, Leslie Bell and John Sandy. Today, they’ll go over why they enjoy working at Hamilton and Co., as well as a few tips for home sellers about our current market.

Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.

Today we’re taking you inside Hamilton and Company to meet Dan Hamilton’s listing specialists. Listing specialists walk sellers through the process of putting their home on the market and selling it.

Leslie Bell is our newest listing agent. Leslie has been in the industry for seven months. As a Greenville native, Leslie is familiar with the area and with the local real estate companies here. “When it came time to join a reputable company, I knew Hamilton and Co. was the place to go,” says Leslie.

As a listing agent, Leslie’s job is to make the home selling process as smooth as possible. “Now is a great time to sell,” Leslie says. “There are more buyers than there are sellers on the market.” There are a few small things you can do to make your home more marketable. Leslie recommends decluttering and staging the home.

Greenville is definitely in a seller’s market right now.

“If you need any tips, I am happy to help you with that,” says Leslie. Your home should be as appealing as possible to home buyers. It is very important to make a great first impression.

First impressions are especially important considering that most buyers begin their home search on the Internet. Hamilton and Co. uses 3-D images so that buyers can feel like they are walking through your home from the comfort of their own living room.

John Sandy is the other listing agent on our team. John has been on the team for two years now. “The market has definitely changed over the last two years,” John says. “We are in more of a seller’s market right now.” As a listing agent, it is important for John to make sure that our systems align with the current market and that we are using the latest marketing strategies.

“Right now, everyone wants to be as close as possible to downtown Greenville,” John says. Even though most people think they should wait until spring to list their home, now is a great time to be on the market, as there is strong demand in all price points.

If you have any questions about putting your home on the market, give us a call or send us an email. We would be happy to help you!

A Quick Walk Through Paris Mountain State Park

Have you been to Paris Mountain State Park? This beautiful area is home to some great lakes and hiking trails, and it’s just minutes away from downtown Greenville.

Looking to buy a Greenville home? Click here to search all local homes on the MLS.
Looking to sell your Greenville home? Click here to use our home evaluation tool.

I’m joining you today from the Sulphur Springs trailhead in beautiful Paris Mountain State Park. My son and I just finished up this easy little hike on this gorgeous fall morning, and the greenery here is absolutely amazing. In fact, I was just showing Paris Mountain Park to some clients who are new in town, and they noticed exactly how close Greenville was right away. Paris Mountain State Park is just minutes away from downtown Greenville, and it’s breathtaking to see up close.

Paris Mountain State park is minutes from downtown Greenville.

The original watershed for the water that provided Greenville its growth is right here, so there’s a lot of history in this area, too. The park is also home to a number of beautiful lakes, streams, mountain biking trails, and hiking trails, making it a great resource for those living in the Greenville area—including myself!

For more information about Paris Mountain State Park, click here. If you’re interested in living just minutes away from this spectacular state park or you have any questions about buying or selling Greenville real estate, give me a call or send me an email. I’d be happy to help you!

Should You Sell Your Home During an Election Year?

Recently, one of our email subscribers, Mike, sent in a question: “Is it hard to sell a home in an election year? Another agent warned me about trying to sell one of my homes right now.” That is a great question and it’s very timely, considering that we are less than 45 days out from electing a new President here in the United States. However, there isn’t one broad answer for this question. I recommend looking at the data to see what’s happening not only in the U.S., but also right here in Greenville. You should really pay attention to what’s happening in your specific neighborhood. I don’t think anyone can say, “Well, it’s an election year — that means it’s a bad time to sell.”

Good real estate decisions are based on evidence, not emotions.

You have to look at the data. Inventory is still low and there are plenty of buyers out there looking for a home. If you are thinking about selling your home, you have to consider your price point, what’s happening in your neighborhood, and what kind of buyer demand there is in the area. If you are selling a home for under $200,000 in Greenville, you would be selling in a very strong market. Even as we enter the fall season, now is still a good time to put your home on the market. Again, that is a great question that cannot be answered in broad terms. You have to look at specific data. In order to make good real estate decisions, you need to answer questions based on evidence, not emotion. If you have any other questions, please don’t hesitate to give me a call or send me an email. I would be more than happy to help you!

Use Existing Equity to Buy a New Home

In my last video, I asked you all to submit your questions about real estate to me, and I’ve gotten a lot of terrific responses.

Today I’d like to answer a question from Amanda in Greenville, who asks, “What is the best way for someone that owns a house to buy a new home if they want to use their existing home’s equity as the down payment (as opposed to cash)?” In other words, how do you avoid living on the street while your new house sells? Is there a way to find your dream home and then sell your existing home?

In answer to your question, the first thing we need to determine is how much equity you have in your home, and secondly we need to determine your risk tolerance—are you willing to be in the position of owning two homes if need be?

A short-term rental may be a worthwhile solution in the meantime.

The first way to tackle this would be to first go down to your local bank and take out a home equity line of credit, which is used very much like a checking account. Remember, though, you are borrowing so you’ll have to pay interest on this line of credit. Then, use that credit line as a down payment on your next home, put your existing home on the market, and use that timeframe to market your home and move into your new one.

In this market, depending on the price point, there’s a good chance that you will sell your existing home quickly. We’re in a low-inventory market, so if you’ve found that dream home, you’ll want to make a non-contingent offer and use that home equity to put a down payment on it. Just be sure that you qualify for both the existing loan and the loan for the new home.

In order to ensure that this goes smoothly, you’ll want to bring in a great mortgage person to help you through the process.

The other, less risky way to approach this situation is to get your home on the market, sell it, get it under contract, and then begin looking for your new dream home. Again, in the environment we’re in now, it’s possible that you may not find that perfect home in this short time frame, so you may want to have a backup plan to rent a home for a while until you find the one you’d like to buy. Moving twice may not be the most fun thing to do, but a short-term rental may be a worthwhile solution to keep you from jumping the gun on a home purchase.

Thanks for this great question, Amanda! For participating in this process, we’ll be sending you a $25 gift card. In the meantime, if you have any other questions related to the buying and selling process, don’t hesitate to give me a call or send me an email. I’d be happy to help you.

How Are Things Looking in Greenville?

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It’s been a little bit since we’ve done a market update, so we wanted to give you a look at what’s happening here in the Greenville area. Here’s a quick snapshot of what to expect through the rest of the year.

The first number we like to look at is inventory. We are down about 7% from this time last year if you look at the number of available homes. We have about 5,000 units on the market right now, which is actually less when you factor in that 1,200 of those homes are on contingent contracts.

The average price of a home in Greenville is $325,000. The average home sale price, however, is $209,456. This number is up 3.3% from last year. The number of homes sold has risen by 8.8% as well. We have sold 5,978 so far this year.

We are very much in a seller’s market.

Another key indicator we like to keep track of is the average days on market, or how long it takes a home to sell on average. Last year, our average was 81 days. This year, we are seeing an average of 69 days, a 15% decrease in the number of days it takes to sell a home on the Greenville MLS.

In a nutshell, that’s where our market is right now. We are very much in a seller’s market, especially in the price points under $250,000. Homes are selling very quickly at those prices and are getting multiple offers as well.

If you are thinking about selling, it’s a great time to do so. If you’re considering buying a home, just know that you’ve got to be prepared to act quickly by getting prequalified for a mortgage. You should also use a search tool like ours where you can get instant notifications about homes that match your specific criteria.

If you have any questions for us, give us a call or send us an email. We would love to hear from you.