Should I sell my house because of COVID-19?

One of the biggest questions in the real estate market right now is “should I sell my house?” Well let’s walk through a few scenarios when it might make sense to sell your house and when it might makes sense for you to stay where you are.

USING WHAT I KNOW FROM WHAT’S HAPPENED IN THE PAST, THESE ARE THE SCENARIOS IN WHICH I WOULD SELL NOW:

You were already planning on selling within the next year or so – list it now!

You are in the position that you need the cash flow that would come from selling your home – maybe you lost your job or you have a rental property that is no longer making any income.

If you didn’t already plan to sell and had intention on staying in your home for 5 or more years, I wouldn’t suggest selling now. Sit tight and enjoy your house! I don’t think we will see a big swing in values and for market timing reasons it doesn’t make sense to sell now. Eventually things will come back around.

As I mentioned at the beginning of the video, if you are interested in subscribing to The Cromford Report click here for details on how to subscribe.

Related Resources

You May Also Like These Posts

Have a Question About The Market?

We're here to help answer any questions you might have about the market, real estate, heck even dinner recommendations (we know this state well).

Don't miss out. Be the First to know.

Get our Free COVID-19 real estate news and updates delivered to your inbox so you can navigate these tricky market conditions with confidence.

Schedule Your Free Phone Consultation

  • This field is hidden when viewing the form
    Check all that apply
    I agree to be contacted by eXp Realty and the Gluch Group via call, email, text, AI voice call, Community or similar automated means. To opt-out, reply "stop" at any time. Message frequency varies & msg/data rates may apply. Click here for privacy policy.

Buy A Home

  • The first step towards buying the home of your dreams is a free phone consultation. The call takes just a few minutes and allows us to learn more about your home buying goals so that we can best serve you and point you in the right direction. Fill out the form below to book that 5 minute call.
  • This field is hidden when viewing the form
    Check all that apply
    I agree to be contacted by eXp Realty and the Gluch Group via call, email, text, AI voice call, Community or similar automated means. To opt-out, reply "stop" at any time. Message frequency varies & msg/data rates may apply. Click here for privacy policy.

Sell Your Home

  • The first step towards selling your home for top dollar is a free phone consultation. The call takes just a few minutes and allows us to learn more about your goals so that we can best serve you and point you in the right direction. Fill out the form below to book that 5 minute call.
  • This field is hidden when viewing the form
    Check all that apply
    I agree to be contacted by eXp Realty and the Gluch Group via call, email, text, AI voice call, Community or similar automated means. To opt-out, reply "stop" at any time. Message frequency varies & msg/data rates may apply. Click here for privacy policy.
Text Us Call Us