The recent coronavirus is affecting the entire world. All major industries, including real-estate, are adapting to the ongoing changes of the pandemic. However, if you are a homeowner looking forward to selling your house in the pandemic, you don't need to worry too much. Despite the hit to the economy, there is a steady increase in the housing demand.
To find the best buyer for your property, join hands with Park Regency Realty to get expert and professional real estate help.
We understand that selling a home is always a challenge. It could be even worse in the age of social distancing. However, implementing a few strategies and taking preventive measures can help you sell your house successfully.
Related Article: New Priorities For Homebuyers After The Risk Of Covid-19
Things to Consider When Selling Your Home During An Ongoing Pandemic
Here are a few things to consider when selling your home during the ongoing pandemic.
» Is Staging a Good Idea?
» How to Prepare your Home for a Virtual Tour?
» Home Appraisals
» Unaccompanied Inspections
» Coronavirus Clauses
Is Staging a Good Idea?
The real question to ask should be, 'How will I stage my house?' As more showings and tours are happening online, homeowners are now offering virtual tours, instead of hiring stagers to prepare their home for visitors. Hence, staging may not be the ideal choice for homeowners in the current situation.
How to Prepare your Home for a Virtual Tour?
There is nothing like a virtual tour that can attract potential buyers. Whether you are offering a sophisticated 3D tour or a live walk-through with an agent, you can show your house. All you need to do is prepare your home the same way you do for an open house. De-clutter your house, increase the curb appeal, and repair all broken bits and pieces.
Sine open houses are still now allowed in several locations; sellers are heavily relying on virtual tours to give a glimpse of their home, through the internet. That makes it easier for buyers to decide, without setting foot inside your home.
Physical showings, if allowed, require serious preventive measures and extra caution. Both parties must wear masks, gloves, and practice social distancing. Both parties must practice all recommendations by the CDC to ensure the property is safely shown, and nobody is at risk of catching the virus.
Home Appraisals
Generally, a home appraisal is necessary for getting a mortgage. In normal circumstances, an appraiser tours the home and analyzes it as part of his evaluation. However, lenders now offer a few alternatives to help appraisers avoid going inside the house. Drive-by appraisals are becoming more popular. Moreover, desktop appraisals help appraisers use data such as exterior views, photos, and market research to give a fair estimate of a home's value.
Unaccompanied Inspections
Conventionally, real-estate agents and buyers attend the home inspection, so they ask all pertinent questions on the spot. However, the recent pandemic has compelled most inspectors to go through the homes without anyone. They can share reports, including videos and photos, with their clients.
Sellers can discuss the necessary precautions they can take to prevent the spread of the virus. According to the American Society of Home Inspectors, all visitors must use a hand sanitizer and avoid touching anything when they enter any home. They should also wear disposable shoe coverings and remember to wash hands after they inspect the kitchen and the bathroom.
Coronavirus Clauses
Typically, home purchase agreements feature penalties for canceling the deal or not meeting deadlines. Today, a large percentage of real estate agreements have clauses for protecting buyers and sellers if any party must cancel or delay a decision because of coronavirus-related complications.
Such addendums address the unavailability of appraisers or inspectors or buyers' inability to sign documents or travel.
Work with Park Regency Realty
Selling your home in the pandemic is now easier than before. To find the best buyer for your property, join hands with Park Regency Realty to get expert and professional help. Launched in 1977, the company boasts decades of real-estate experience. Based in Granada Hills, the company provides excellent real-estate services in San Fernando Valley. With more than a hundred full time and experienced agents, Park Regency Realty ranks among the top 15 real estate companies in the Los Angeles county.
Get in Touch!
If you want to know how to sell your house to the best buyer and for the best price, contact us today. Our expert, real estate agents will be happy to assist you. Just call us at
818-363-6116 and we will provide all answers to your queries.