Selling Your Home in the Age of Coronavirus? Here Are All Your Top Questions, Answered​ - Rava Realty

Selling Your Home in the Age of Coronavirus? Here Are All Your Top Questions, Answered​

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Can I sell my house during the COVID-19 pandemic?

Yes, you can still sell a home during the coronavirus pandemic, particularly now that states are beginning to reopen.

Is it safe to sell your home during such an outbreak?

There are several precautions your real estate agent can take to safely show your home to interested buyers. Masks on, shoes off, and hand sanitizer at the door are just a few examples.

 Are houses even selling now?

Yes! The fact is that people still need to move, pandemic or no pandemic. But as always, we’d recommend chatting with a local real estate agent to get the pulse on exactly how your market is performing.

 Should I sell my house during a recession?

If you do decide to sell during this period of economic downturn, take the time to consider your own financial stability, as well as the conditions of the market you’re moving to.

 Will I have competition if I try to sell my house right now?

“You’re likely to have much less competition as a seller right now”, since potential sellers are still wary about putting their homes on the market amid a pandemic.

 Should I expect to sell for less right now?

Not necessarily. Although the economy’s experiencing a recession, that doesn’t mean prices are going down. “There are less buyers, but there are also a lot less homes on the market”, “The old rule of supply and demand still holds.”

 How can I sell my house without allowing buyers to walk through?

If you have special health concerns or live with someone who’s considered high-risk, talk with your real estate agent about the possibility of virtual showings. Otherwise, consider just cleaning up thoroughly after would-be buyers leave.

 Should I stage my house?

With more tours and showings happening online, you might consider having your home virtually staged rather than actually inviting people into your home to decorate it.

 How can I prepare my home for a virtual tour?

“Make sure everything is clean, all lights are turned on, fans are off, blinds are open, surfaces are cleared, and everything is put away”.

 How can I close remotely?

States are handling remote closings a little differently, so the short answer is to ask your real estate agent.

 (source: realtor.com image: Vecteezy)

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