Can you really sell property in a real estate market plagued by a pandemic? Yes! Here are some reasons why that’s been possible.
One reason is that people have been taking advantage of relatively “new” technologies that real estate agencies have been adopting. Virtual tours used to be a nice little add-on service that some agents offered, but now they’ve become homebuyers’ preferred method – at least for an initial view of the property. In addition, it’s been possible to deliver and execute contracts and other legal documents, making it entirely possible to purchase a property without ever being in the same physical room with another person.
Another reason is that the sale of a house can be a huge boost to the economy in an area. Many services are needed to get a buyer situated and stabilized in their new home. For that reason, many businesses and regulators are quick to reinstitute real estate activities.