The Top 5 Reasons to Sell Your House TodayNine Months into the COVID-19 pandemic and it is safe to say COVID-19 will be with us for some time longer. Most industries have had to make changes to adapt and thrive throughout these unprecedented times and real estate is no exception. We come across sellers all the time that have taken their properties off the market as they plan to wait until the virus is no longer a threat. In our recent article “The Top 5 Reasons to Sell Your House Today” we discussed why it can be of better benefit to sell your house during this time than to wait until COVID-19 passes. While some will choose to wait, others are listing and benefiting from such a low inventory, high in demand market. A few benefits include:
- Seller contingency that buyers pay their agent’s commission (typically sellers cover)
- Receiving of multiple offers above listing price; many in cash
- No contingency offers, including waiving of appraisals
GENERAL COVID-19 PREVENTATIVE MEASURES:
You can visit the Florida Health COVID-19 Response for the most up to date list on general safety practices. While this initial tip is more of a common basic practice, others are not so common.
PRESCREEN BUYERS
This can be accomplished by requiring anyone interested in viewing the property to provide a preapproval letter or proof of funds before entering. While this can be tedious it will help to limit physical traffic in the home to those that you know are actually ready and able to purchase it.
LIMIT THE NUMBER OF GUESTS IN THE PROPERTY AT THE SAME TIME
CONTACTLESS VIEWING
Of course, keep bottles of hand sanitizer present and available throughout the home and require everyone to sanitize before entering just in case they do touch any surfaces.
VIRTUAL SHOWINGS
Virtual showings can be performed in a variety of ways:
- You or your agent can do a video walkthrough of the property.
- You can hire a professional to produce a video presentation of your home.
- You can require that the buyer’s agent do a video walkthrough of the property that they can share with their clients.
- And if you really want to get crafty you can hire a professional to conduct a 3d Matterport walkthrough, which can really bring your property to life. With a Matterport walkthrough potential buyers can walk through your home room by room to get a real life 3-dimensional feel of what the property looks like all through the convenience of their own home.
OPEN HOUSES
While open houses are a great way to get your property exposure, it is not ideal to have multiple people in the home simultaneously. You can use these steps to help have a safe and successful open house:
- Limit the amount of people that enter the home at one time to no more than two or three
- Allow only one party in at a time; or if a large house, in one area or floor at a time
- Have plenty of sanitizer and disinfectant sprays handy to clean in between guests
- COVID-19 certification for property access (see below)
- Provide handouts with key home features (your agent can create these)
- Prep the house for contactless viewing
COVID-19 CERTIFICATION FOR PROPERTY ACCESS
A COVID-19 certification for property access document is a good way to ensure each guest entering your home is asked if they are currently infected with COVID, if they have been exposed, if they are sick or if they are currently experiencing symptoms. Although there is no sure way of knowing for sure if someone is infected or has been exposed -- as some people may not experience any symptoms at all -- this will help minimize the risk.
Today’s market is a great market for sellers to take advantage of. If you are on the fence about selling due to COVID-19. Get with your agent and discuss a game plan to get your house sold successfully while minimizing the risk.
Now that we discussed how to list your property safely throughout COVD-19, check out our Top 5 Reasons to Sell Your House Today.