HOUSE HUNTING OR SELLING DURING COVID- 19
The World Health Organization has assessed COVID-19 as a global pandemic. Everyone has a role to play in reducing the impact of COVID-19. Real estate trades typically involve a significant amount of personal contact, particularly during showings, open houses, and in-person client communications. However, in the current environment, public health authorities are strongly encouraging social distancing with PPE. This is advice that should be taken seriously by every professional that works with the public.
BUYER & SELLER CONSULTATIONS
In support of social distancing I am happy to connect with you in the comfort of your own home via Zoom Video Conferencing! I can do the Buyer Consult via Zoom, sort out how to go about financing with you and start the property search. For my sellers, I will need to meet in person to preview the home to have an accurate pricing/marketing strategy. All protocols for showings will be explained in great detail with the Seller prior to going to market. I am committed to each client feeling safe and comfortable during this process.
Here is what to expect during showings
As a buyer, seller, tenant or investor I am able to offer virtual offer presentations along with electronic signature software. I am 100% paperless and have been proud to offer these services to my clients for years. All negotiations can be done by telephone.
WILL THERE STILL BE OPEN HOUSES?Although Open Houses are now permitted, not everyone is comfortable with them. My focus still remains on keeping my clients safe from transmission of the virus. Open houses will be done on a case by case basis. Most of the focus will involve in-person viewings of the property and direct interaction with salespeople and other prospective buyers.
MARKET IMPACT?The reality is no one has a crystal ball. We can certainly look at the impact of SARS and H1N1 where the real estate market wasn't dramatically affected. We can also look at the 2008 brief market crash and subsequent rebound to make an educated guess (and that's all it can be) as to where the next few months will take the market. These are all different situations and it's too early to know how COVID-19 will affect the Toronto real estate market. The turmoil in the stock market and the low cost of borrowing money may actually make real estate a safer place for Canadians to park their money over the coming months. If you have specific questions about your buying or selling timelines and how this may affect them please feel free to use me as a resource.
I AM HERE TO HELP
Continue to check in with your family, friends and neighbours. This pandemic caused major isolation for everyone and not all are coping well with it. Sometimes the smallest gesture goes a long way. I realize there are many social community groups offering various types of services for those in need however if you know someone who does not have support and is in need... please let me know. I am here to help.
These are just a few of the ways I am working to keep my clients and team safe. If you have any additional questions please feel free to reach out.