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A NEW NORMAL: HOW COVID-19 HAS CHANGED REAL ESTATE

A NEW NORMAL: HOW COVID-19 HAS CHANGED REAL ESTATE

The phrase “new normal” is being applied to anything and everything right now, including to define what daily life in 2020 looks like amid COVID-19. From wearing face masks in public to socializing from six feet away, society is adapting to the rather unusual circumstances.

Work only with one Real Estate Agent

Work only with one Real Estate Agent

In many countries it is customary to work with several Real Estate Agents at the same time and end up buying from the Agent who brings the best home. This is counterproductive, as no Agent who values their time will be willing to dedicate the effort necessary for you to find your ideal property. They probably won’t commit to you because they know that they could end up working for nothing.

Make me an offer

Make me an offer

As a homeowner, it is natural that you want to wait for an offer before lowering the price.   However, this presents a serious risk: You will likely never receive any offers, as buyers only see houses a little above what they can afford. This is explained in the graphic above.   In other words, at a high price, your property will be i