Selling Your Home During COVID-19

Are you thinking of selling your home during the COVID-19 pandemic? 

Right now, many homeowners are concerned about how COVID-19 might impact the ability to sell their home and are thinking about waiting until the pandemic dies down before listing their home for sale. 

 

On the other hand, many others aren’t able to delay the sale of their home. Whether they’ve already purchased a new house, are relocating for work, or are growing their family—selling a home is often something that has a time limit attached to it. 

 

Listing your home for sale during a global pandemic may seem scary, but it doesn’t have to be! In this blog post, I list some benefits to selling your home RIGHT NOW, instead of waiting until the pandemic dies down. 

Young couples first home together. Buying real estate during corona virus covid 19 pandemic

1. There are Tons of Buyers Out There

In the last few months, many potential home buyers have taken advantage of low-interest rates and are pulling the trigger on buying a home. This means that if you choose to sell your home, you’ll have more eyes on your listing, increasing its chance to sell! 

 

For some tips on how to get the most bang for your buck when selling your home in Edmonton, check out this recent blog post of mine that talks about renovating your home for sale. 

 

2. Home Sales are Up Year-Over-Year 

Due to the increase in potential buyers, home sales were up 11% in June and 18% in July year-over-year! This means that your home has a much better chance of selling over the next few months in this market. 

 

The increased use of real estate technology due to social distancing recommendations has made it incredibly easy to view and purchase a new property from the comfort of home. 

 

As a seller, incorporating virtual tours and high quality real estate photos into your listing, along with utilizing old school methods like open houses, gives potential buyers more options to view and assess your home, leading to a better chance of a sale. 

 

For tips on how to leverage technology to make it as easy as possible for people to view and assess your home virtually and remotely, check out this blog post

 

3. Real Estate Professionals are Here to Help

Navigating the real estate market alone can be daunting, especially during a global health crisis. With the help of a real estate agent, you can better understand what your home is worth in the current market, selling it quickly and for the best price. 

 

Your real estate professional will also be able to help you implement any safety precautions necessary, staying up-to-date with Provincial and local COVID-19 regulations during the selling process.  

 

Without professional guidance, home sellers often make mistakes that end up costing them. In this blog post, I’ve listed three of the biggest mistakes people can make when trying to sell their home in the Edmonton area. Check it out! 

 

4. Seasons Greetings 

This year, the spring real estate market was heavily affected by the pandemic. With extra social distancing precautions and uncertainty over the severity of COVID-19, many buyers and sellers put a halt to their real estate plans to keep themselves and their families safe. 

 

To combat the slow spring market, this year’s fall market is ramping up and looking favourable for those buying property or selling their homes. 

 

As fall approaches, both buyers and sellers are wanting to make moves before the snow falls and Edmonton winter kicks into full gear—which means potential buyers are more likely to pull the trigger on purchasing your home! 

 

Do you need to sell your home during the COVID-19 pandemic? As one of Edmonton’s top REALTORS, I have the experience to sell your home for top dollar as fast as possible!
Contact Jeneen by phone: (780) 904-4240 or by email: jeneens@remax.net

Hi, I’m Jeneen Marchant!

I’m here to help you find you during your next Real Estate transaction.
Home ownership is a beautiful thing and I love seeing my buyers happily opening the door to their new home on possession day. I also get great satisfaction from helping my sellers get the best price possible for their home when it is time to move on to another property.