If you are a homeowner, during this time of the COVID-19 pandemic, the last thing that you will want to do with your home is to place it on the property market to sell it. However, some homeowners do have a compelling reason to do so, even though they know for a fact that this is the worst time to sell their house.
Believe it or not, there is still a great demand for residential properties despite the pandemic and the coronavirus scare and everything that comes in between those, but the supply for private homes for sale is at a record low.
According to realtor.com, the following week ending March 9, new listings plummeted to 29% while the supply of homes being offered as for sale was down by 19%. As states are gradually opening their economies after a few months of community lockdowns, new listings and open houses have begun to pick up.
Selling your house without using a single piece of a nifty home staging furniture can be very stressful, but that is going to become twice as much if you will do it during this time of social distancing and lockdowns. But there is a surefire way to turn this around by making yourself aware of the following simple strategies that would surely help.
First of all, even when you don’t intend to let people in, staging your home indoor space first prior to selling has never been more important. It is necessary to double-down on each good pre quarantine practice and see to it that the house is so much more ready and prepared than how it was when prospective buyers would give it a visit in person versus doing it online.
Property and home sellers should go against the urge in them to try to save on their staging costs, instead, we are going to encourage them to step up. The outset of applying virtual technology here is inevitable. A handful of real estate agents in the country are now utilizing application software that offers 3-D touring features to prospective home buyers. It lets buyers navigate through a home that is for sale on their own.
It is also important that a home seller choose a real estate agent that knows how to conduct either personal or live tours of a home. Like for instance, in Maryland, a handful of property agents there are walking their prospective buyers through their listings and making use of a smartphone or a table to do that. This measure allows their property hunters to raise questions in real-time. Others turn to Facebook Live showings instead and broadcast the same to several groups.
The whole virtual thing is not just about doing a Facebook Live show, keep in mind that nobody would be that interested to sit through that. The potential buyer should see it as private enough for them to join in on their own sans the impression of getting themselves exposed. But at the same time also it should be open to allow people to participate easily. It would be advisable also that the hosting party (property agent) has someone to assist him on this, particularly on reading posted comments or taking notes of questions being raised.
While not all home sellers can relocate quickly even before the property is sold, these virtual home tours are an undeniably great help. Even more so now that we are amid a great pandemic, where the mobility of private individuals is minimized when not necessary.
This is a growing trend now in the real estate industry. A handful of real estate companies in the country are now making use of smart lockboxes. This comes with a one-time code that property hunters or potential buyers can use to gain access to a home via their smartphones.
Placed inside are a few pieces of home staging furniture and are left for styling purposes. Such items are not small enough, otherwise, it would run the risk of being stolen easily.