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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!

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