CRYSTAL’S REAL ESTATE TIPS
Real Estate amid a pandemic is something new to us all. We had sellers waiting to list their homes to see how their area case numbers panned out, and the proper protocol is when and if they allowed people to enter their homes. One thing that Realtors across the country implemented pretty quickly was video and FaceTime showings. Video tours enabled the sellers to physically limit showings to one person in their home to shoot the video and reduce the number of strangers entering their home. Many sellers required that potential buyers view the video and submit a response in writing before approving showings. This was one way to eliminate showings that the home didn’t match what the buyer wanted/needed and prevent looky loos. Buyers searching for their new home are also facing a very competitive market in specific price ranges. I work in multiple cities and two states, but for this example, I’m going to use Overland Park, Ks, a suburb of Kansas City. I pulled numbers of recently sold homes today for a client and out of the 46 sold, all of them sold for over 100% of asking price. For example, a house was listed at $210,000 and sold for $235,000 and was only on the market for two days. Homes are receiving multiple offers and driving the asking price way up in homes under $250,000 in this market place. Buyers and sellers navigate this new market with sellers weighing the pros and cons of listing their homes during a pandemic and the fear of not taking advantage of a fantastic seller market. For buyers searching for homes and potentially having to make multiple purchase attempts before winning a bidding war, one thing is sure in this new market, the importance of using a Realtor. The Role of a REALTOR is to help you avoid low inventory pitfalls, pricing your home to sell correctly to attract a multitude of offers, making sure your home is clean and establishing COVID-19 showing protocols. If you have been thinking about taking advantage of these AMAZINGLY low-interest rates in 2020, make sure to call a Local REALTOR to guide you along the way.
Crystal Swearingen 785-550-3424 CrystalSavesTheDeal@gmail.com Broker/Owner Crystal Clear Realty Kansas Realtor Nest Seekers LA LICENSE #
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