Wondering if Selling is the Right Move?

Living day by day seems to be the new norm as we navigate the ongoing COVID19 pandemic. As each day passes, new situations and challenges are arising for every individual and family. The real estate market is a reflection of these life changes and the market continues to show the need for buying and selling property. If you’ve had a major life change recently, whether with your job or your family situation, you may be in a position where you need to sell your home – and fast. 

Of course, the timing of all of this sucks, but making a move is still possible. Rest assured, with technology and safety measures at your side, you can list your house and make it happen effectively. The current COVID-19 guidelines set forth by the National Association of Realtors (NAR) and the Centers for Disease Control and Prevention (CDC) provide support to those navigating the current real estate market.

According to the NAR Flash Survey: Economic Pulse taken April 5 – 6, real estate agents indicate, not surprisingly, that there’s a noticeable decline in current homebuyer interest. That said, 10% of agents said in the same survey that they saw no change or even an increase in buyer activity. So, while buyer interest is low compared to normal spring markets, there are still buyers in the market. Don’t forget, you only need one buyer – the right one for your home.

Here’s the other thing – people are spending a lot of time on the Internet right now, given the stay-at-home orders implemented across the country. Buyers are actively looking at homes for sale online and taking steps to complete their mortgage pre-approvals to help strengthen their future in the home buying process. Homes are being sold in many markets because there is still buyer demand.

Also, consider this: The typically busy spring season will likely push into the summer months, so more competition will be coming to the market as the pandemic passes. Getting ahead of that wave now might be your biggest opportunity.

Real estate agents are working hard every single day under untraditional circumstances, utilizing technology to help both buyers and sellers who need to continue with their plans. We’re using virtual tours to show homes currently on the market, staying connected with the buyers and sellers through video chats, and leveraging resources to complete transactions electronically. We’re making sure the families we support remain safe and can keep their real estate needs on track, especially as life is changing so rapidly.

Act Now

Homes are still being bought and sold in the midst of this pandemic. If you need to sell your house and would like to know the current status in your local market, contact us to create a safe and effective plan that works for you and your family.