Almost overnight, COVID-19 has reshaped how real estate brokerage is bringing home buyers and sellers together. Just days ago, homes listed for sale were busy with open houses and buyer tours. Now, the need for social distancing has made real estate showings far more challenging. Sellers are choosing to be a bit more guarded with the marketing of their homes. And home buyers are choosing to do much of their research online before venturing out.
While we realize that real estate may not be your top concern, we remain committed to helping those who are still actively searching for a home buyer. If you were already prepared to sell your home this spring, the current conditions of our real estate market make efforts more challenging, but certainly not impossible. Here are three things we’re doing to help you sell your house.
1. We Stay on Top of Emerging Real Estate Trends.
The Coronavirus is causing significant disruptions to the usual spring market. Fewer home buyers are searching the marketplace, and some sellers are delaying their listings. We understand this.
“In the latest flash survey, 11% of Realtors® indicated a reduction in buyer traffic, and 7% are reporting lower seller traffic when asked directly about the Coronavirus impact on the market,” says Lawrence Yun, chief economist for the National Association of Realtors®. “The stock market crash is no doubt raising economic anxieties, while the Coronavirus brings fear of contact with strangers.”
However, some home buyers are choosing to proceed with their search in order to catch mortgage interest rates while they are at 50-year lows. There’s no telling how long rates will remain this low, so buyers who are interested in maximizing their purchasing power are still venturing out.
2. We Make it Easy for Buyers to Explore Your Home Online.
We’re long-time pros at helping buyers thoroughly explore and research properties online. Our goal has always been to provide your listing with as many photos, video, floor plans, and 3D tours as possible. While these tools can’t replace in-person showings, they can help buyers understand the property better before scheduling a visit.
3. We Make Sure Your Home is Safe When Buyers do Look.
Let’s face it. At some point, a live tour of your home will become necessary. When that time comes, here are a few of the strategies we are using to minimize your health risks.
- Your agent will inquire as to whether anyone that is visiting your home has been ill over the last 14 days.
- We will encourage you to avoid coming into contact with visiting buyers by going for a walk outside or retiring to another part of the home.
- Your agent will ask that visitors minimize the touching of doorknobs, light switches, and other everyday objects. We recommend having gloves, hand sanitizer, and disinfectant wipes available.
- Your agent will recommend that visitors remove their shoes out of respect for your home.
Here is a list of other precautions that the Center for Disease Control also recommends for preventing the spread of COVID-19.
We’re Always Your Trusted Real Estate Partner
In times of ease and times of crisis, Beverly-Hanks is your trusted real estate partner.
Like you, Beverly-Hanks agents are prepared to cope with this new reality for the time being. We have the resources of an award-winning marketing team with a strong digital presence and marketing strategy. Using every tool at our disposal, we are figuring out ways to help buyers become comfortable enough to look at properties, make offers, and eventually move. Our objective is to help you safely and effectively sell you home.
All real estate is local. In order to make confident real estate decisions, it’s important to have timely and neighborhood-specific information. Contact us today to speak with a Beverly-Hanks real estate agent about selling your home or land in Western North Carolina.