The spring homebuying season is typically prime time for the real estate market.
How is the pandemic impacting sales? Are sellers hesitating to list their home? Are buyers taking advantage of mortgage rates that are near historic lows?
Home buyers eyeing low interest rates while sellers hesitate in rocky market
The stigma that has been historically associated with a home’s “days on market,” as it relates to home sales is soon to be a thing of the past.
The real estate market is definitely not operating in a traditional manner during the coronavirus pandemic but real estate professionals have been working behind the scenes to ensure that the industry remains a safe haven amidst an upside-down world.
There are still an incredibly large amount of unknowns out there but we are doing our best to operate after the shocking developments that came in March.
For people who have been considering selling, it might not be necessary to wait. One benefit of Americans being home all day is that they are online all day long. ALL DAY.
I’m online while I’m typing this. My screen time on my iPhone is up to embarrassingly high numbers. I’m literally averaging 14 hours a DAY on my phone.
Eventually, we will all find a way to a real estate site, or at least search homes on Instagram. It’s inevitable, kind of like those cookies in your pantry are going to get eaten by the time you’re done reading this article.
Real estate professionals are working tirelessly behind the scenes to keep up their social media presence and to strengthen their strategies. Platforms like YouTube, Zoom, Facebook, Instagram and Twitter are making it easy for sellers to remain connected with prospective buyers.
We are in the fishing business and the most successful agents are the ones that are casting the widest nets.
