With millions of Americans on lockdown and working from home to try to stop the spread of the Coronavirus, many of you are wondering what will happen next with this ongoing pandemic and how the pandemic will ultimately effect our economy.
Normally, spring is the busiest time of the year for the housing market, with buyers coming out in droves. Many of you were in the midst of selling or buying a home and have placed your plans on hold, while others are still wondering how to go about buying or selling safely during this pandemic.
Prior to the Stay-At-Home Order, our Open Houses in South Orange County had as many as 70 prospective buyers in attendance. This is good news for Sellers who are ready to place their homes on the market now. There are many ambitious and qualified Buyers, eager and motivated to make offers on listings that are currently available. In many instances, Buyers will be competing over current listings, escalating the value of your home higher than asking price, in many cases.
We are ready to carefully and diligently serve our real estate clients at www.IVANRealtyPro.com with technology to replace the in-person experience with 3-D Home Tours, virtual Listing Presentations, video based photography, electronic signing and Virtual Showings of listings using FaceTime. As a result, many of our clients are re-entering the housing market (for various reasons).
Buyers are benefiting from the historically low interest rates, and Sellers, in many scenarios, experiencing multiple offers.
It certainly is not a typical spring housing market; however, we continue to stay busy because in these uncertain times, clients want to talk through all of their options. We continue to conduct phone consultations, virtual open houses on FaceTime, "appointment only" showings, which I personally attend equipped with sanitizers, Clorox wipes, booties, etc., and we are accepting offers on listings only from Buyers who provide us with Proof of Funds and Pre-Approval Letters prior to showings.
At IVAN Realty Pro, our intention is to provide you with honest and up-to-date information about the current real estate market as it develops. We are here to do our best and help you in anyway we can and in a safe way. Just remember, “This too will pass”.
If you have any questions about Safe Practices on how you can safely list your home for sale or safely preview homes to purchase, please feel free to contact me for a confidential consultation via FaceTime or Skype. We are happy to answer all your questions and provide you with the highest level of professionalism.