If you planned to put your house on the market before the coronavirus outbreak hit the US, you may be asking whether or not moving now is still a viable option for you. While many cities have begun to reopen, it can be difficult to predict if and when the real estate market will recover. If
you’re wondering whether now or the near future is a good time to put your house up for sale, or if you’re curious about what selling a home in the era of COVID-19 entails, read on to learn more.
Putting a home up for sale is usually based on a variety of factors, including financial circumstances and timing. However, selling your house right now may be a better idea than you may initially think. Despite COVID-19, most markets continue to have a relatively low inventory.
This means that homes are generally priced higher right now, and you could make a large profit right now. What’s more, interest rates are low, so buyers are eager to take advantage of this. Many homes that are placed on the market in recent months often sell in a matter of days.
As you consider selling your home, you may also want to consider the method with which you plan to let potential buyers see and tour your house. Allowing virtual tours of your home is an excellent option if you are looking to close quickly because it allows people to view your home
from anywhere. Many realtors are also participating in in-person showings while taking important safety precautions. Private tours, wearing masks, taking shoes off and staying socially distanced during the showing are all important measures to take. As things have reopened, many potential buyers prefer to see the home in-person before deciding to make an offer.
If you know you will be showing your home, it is also extremely important to stage it. Staging homes for sale has always been helpful in selling them quickly, but it is especially true now. If potential buyers are only able to see your home virtually or only for a short period of time in person, staging your home can be what makes them make an offer. Making sure the home is clean, well-furnished and bright are easy ways to make your home more appealing. Virtual and 3D tours, while convenient, give buyers the opportunity to see and study your home a way that was previously not available to them before the pandemic.
If you are thinking of selling your home right now, our experienced realtors are here to help. Call us today to set up an appointment.