The Coronavirus fears have hit property markets worldwide. Thanks to technology, we are equipped with resources that will help home buyers and sellers through the pandemic. The impact of the Coronavirus on real estate is being felt globally. This, however, may be a temporary setback, as real estate portals gear up to face the aftermath of COVID-19. In the short-term, transactions will dip but in the long-run, property buying will still remain lucrative and promising
Home Buying/Selling Decisions Midst COVID-19
The fear of being infected has hit commoners majorly and not many people are ready to deal with certain situations. However, SBP Group has managed to overcome the situation with the use of modern technology i.e., virtual home tours and online payment booking system. With the accurate use of tech, physical visits to the place are eliminated for both buyers and sellers. In addition, it has made them free from the fear of being infected.
The real estate market is hoping for the cooperation of people towards the new normal and adapts the change quickly. COVID-19 pandemic may create a shift towards the new normal and will change the approach to home buying and selling decisions. Earlier, online portals were considered a source of gaining basic info regarding property but it has a major role to play certainly.
A never-before-seen growth related to digital portals in the real estate market has been witnessed since the last year. After overcoming the deadly virus, the use of digital portals is anticipated to remain strong. The use of advanced technology for making property-related decisions is a win-win situation for both buyers and sellers due to the cost-efficiency. Real estate developers are assuming that days might come that buyers may enter the home physically after the purchase.
Methods to ensure safety during house-hunting or selling during Coronavirus!
For Home Buyers
1- Preview Property Through Digital Portals
The digital portals have become highly recommended midst the lockdown is highly considerable. You can preview different real estate projects in the best locations by knowing it all online. This way you can prevent yourself from infectivity and continue with the process of owning your dream home.
2- Know the RERA Portal of Your State to Know About Shortlisted Projects
With the RERA portal of your state, it can become easier for you to shortlist projects with clearance to move into. Taking benefit of online access you can gather up all necessary information and save up your time.
3- Prefer VR or AR for Finalizing Your Dream Property
Once you have shortlisted few properties consider taking the home tours virtually by making optimal use of VR and AR for finalizing your home. Digital methods will ensure proper safety and make property buying easier than ever before.
4- Know The Opinions of Real Estate Experts with Online Sessions
To be more precise about the property can finalize, it is better to know real estate experts’ opinion. Getting in touch online for consultancy will help you make the ideal choice.
For Home Sellers
1- Maintain your Property Well
To sell your property amid coronavirus isn’t easy but not too difficult as well. Consider following the basics of property selling by sprucing up the property to create a positive impact. From making the necessary repairs to a well-maintained property has a major roleplay in creating an impression on home buyers.
2- Let the World Know About It
It is better to invest in better projects so spread the USPs of your property by spreading the word. Let your friends and family know about the property sale that will surely give exposure to your property.
3- Proper Sanitization
The coronavirus situation has made it necessary to opt for proper sanity so consider sanitization of your property to ensure better safety. Keeping a check on the sanity will be an impressive point for the home buyers certainly.
4- Use of Advanced Technology
We cannot stress more that making use of advanced technology for buying/selling property is an effective method to choose for. Post regarding the sale of the property on different digital portals and make it easier for buyers to contact you. You can even consider following experts’ guidance in such a scenario.
If you are confused regarding the home buying or selling decisions, consider connecting with established real estate developers to sort your property related decisions. SBP Group is one of the leading real estate developers who can help assist you with property-related decisions.
The top strategies and years of experience of SBP experts can guide you in the current scenario benefitting you to invest in the right property and save more. Hassle-free call to action makes it easier for you to connect with SBP Group.