Let’s cut to the chase. Selling a home has changed dramatically over the past few months. It’s no longer as simple as signing a couple of documents with your Realtor and getting the space ready for the real estate photographer to grab a few awesome photos. So the question on every seller’s mind that keeps repeating over and over is: “should I sell my house right now?” The answer may surprise you. Now may actually be a great time to sell a residence and here are some of the reasons why.
Real estate boards and associations across the nation have developed extensive checklists filled with new guidelines for Real Estate Professionals to implement and discuss with the seller. Everything from recommending virtual tours and virtual open houses to written instruction on safety measures aims to avoid your exposure to Covid-19. A great Realtor is up to date on the rules and regulations when it comes to protecting the seller’s interests.
Ask for and opt-in to signing disclosure forms and request the same for potential buyers entering your home. Forms include questions about recent travel and exposure to the virus as well as the mandatory requirements for sanitizers and facemasks during all showings. You are in charge when it comes to setting healthy boundaries for those entering your home. Trust your Realtor to meet and ensure compliance with a high level of safety protocols.
Did you know that mortgage interest rates are at an all-time low? Wow! Borrowing money to purchase a home has become more accessible and that means a whole new demographic of buyers are considering leaving their landlords in favour of owning their residence. Millennials are poised and ready to take the plunge into their first homes. Buyers are surfing the web for low-interest mortgages, visiting the online open house virtual tour options, and are excited to buy. Are you concerned about mortgage appraisers entering your home? Many lenders are now turning to 3D video tours and drive-by assessments to conduct an appraisal helping to reduce physical contact with your property.
How does your Realtor attract a buyer to your property safely? It starts with communication. An in-depth discussion with your Realtor will help you feel more comfortable selling your home. Don’t be afraid to ask for specifics regarding showings and open houses like how many people are allowed at each viewing or requesting sanitation of doorknobs and keeping other surfaces touch-free. Other things to discuss should include how your Real Estate Professional uses current technology such as virtual tours and 3D tours in their real estate marketing plans.
Virtual tours are simply the best way to eliminate a host of on-site visitors to your property before they are pre-qualified. Allowing a buyer to view online floor plans and virtually examine every space means avoiding physical exposure until necessary. Think your home could use some updated furnishings to show it off a little better? Enhancing your space through virtual staging techniques can give that extra pop to highlight specific features and capture the eye of a potential buyer.
Unfortunately, there are circumstances when the time to sell your house is now because of a loss of income or change in personal circumstances such as divorce, or illness. Fortunately, there are several things to help get your home sold quickly. Buyer’s looking for a “deal” will be more inclined to offer a higher price when your property is presented well. This means getting your Realtor to take advantage of 3D tours, virtual staging, and accurately measured floor plans when marketing your home. In-person showings and physical open houses continue to be avoided by the consumer. So when you are in a must sell situation your Realtor can make the most out of it by creating an up close and personal feel with virtual tours.
You keep reading monthly market statistics of how sales and listings are down. But guess what? The market is starting to rebound and that is good news for sellers. What you don’t hear about is the growing number of buyers just waiting for your house to pop up with a virtual tour showcasing exactly what they are looking for. Whether they are beginning their buyer’s journey or have been on the road for a while, buyers are house hunting. Having your Realtor offer up an accurate floor plan and 3D tours along with outstanding photos from the real estate photographer will help get your home added to the sold statistic for next month!
You can’t change the past but if selling your home is in the not so distant future, talk to your Realtor about using virtual tours and strategies to limit risks.