With coronavirus and a strained economy, there are many difficulties homeowners are facing when they want to sell. Considering selling your house during a global pandemic can be more than a little concerning. If you find yourself in just this situation, you will want to pay very close attention to these 5 difficulties homeowners are facing when trying to sell their homes during coronavirus.
Both pre and post showing cleaning precautions must be taken during COVID19 for the health of yourself and anyone who walks through your house. Let’s face it, all the time and extra work involved in disinfecting every surface can become wearisome to sellers. Not only is it an added burden on either yourself, but you may also find yourself in the position of having to trust in the buyer’s agent to be just as careful cleaning everything as you would be. You must trust that they will do so, in the course of in-person, and what feels like biologically invasive showings at this time. Feeling confident their families will remain safe is another trouble homeowners are facing when trying to sell their homes during coronavirus
Due to the fast-paced changes in demand in the real estate industry, many agents find themselves overwhelmed. Without being on top of today’s technology and lacking the ability to make full use of digital tools, they fall behind when attempting to meet the marketing demands and strategies to bring buyers to your door. Being poorly marketed on the internet can literally be the difference between your home selling or sitting on the market. If your agent is utilizing all of the technology available, you can be certain that you will be covering all of the expenses in their marketing plan. Homeowners are facing a heavy demand for online virtual tours and technologically savvy marketing when trying to sell their homes during coronavirus
Lack of Interest
Buyer’s priorities and demands in housing have evolved along with many other aspects of our lives affected by the disease. With the dynamics changing not only in living arrangements created by the economic downfall but in the homeschool revolution making more space imperative. Add in either one or more of the adults in the household working from home, which will require quiet space and you can begin to see the picture, the more space available the better. There are fewer larger homes on the market, as the previous trend was in downsizing. This is a problem many homeowners are now facing when trying to sell their homes during coronavirus. Likewise, if someone is moving during this time, it’s likely they are in need of a ready-to-move-in dwelling. You may be feeling extreme pressure if you are in a position where you can not afford repairs or maintaining your home.
As changes to the rules governing business continue to evolve, it’s imperative to keep on top of the latest developments for your city and state, which have had a negative effect on real estate transactions, caused by delays. Some of the difficulties homeowners are facing multiple delays in closing. As potential buyers face ever-changing challenges which can also cause cancellations, sellers continue to lose deals and have to start again from scratch, when trying to sell their homes during coronavirus.
Last but not least, people are facing high levels of stress from living through a unique time in history and dealing with the moment to moment changes. Just imagining that groups of people will be going through your own home can also be extremely disquieting, especially under the looming threat of the serious illness which COVID19 can become. In most cases, moves are happening due to job loss or hardships from the illness itself, which can be devastating during the best of times. Should there be delays in your home selling, while you are being forced by circumstances to carry out the move, it can mean up to double your usual expenses or more. Not only this, there are all of the health concerns of how the movers handle your belongings and prepping the property prior to moving your family in. All of this with no guarantee of a timeline until you finally have a closed sale and cash in hand. The weight on your shoulders is magnified when trying to sell their homes during coronavirus.
It can be more than overwhelming when considering all that homeowners are facing when trying to sell their homes during coronavirus.Modern Properties Solutions can help you avoid the pitfalls of possible exposure, a poorly marketed property, buyers continually canceling, or even a potential lack of interest in your home. There is no need to be concerned about coronavirus any longer, we will handle everything for you, explaining every step along the way and give you a definite closing date! Just sell directly to Modern Properties Solutions instead of worrying any longer. Send us a message or call 888-991-1176 today!