Still weighing your options? Get to work while you think it through!
“There are absolutely things sellers can do while we’re being asked to stay home,” Stokes says. “If you can get to a Home Depot, get paint and start doing touch-ups around the house. Or begin packing and put your stuff in the garage or basement in a central location. That way as we start to return to a more normalized market, you are ready to show your home.”And of course, Vitamin D can help with stress relief.
“Take time to be outside,” Stokes says. “Get your yard cleaned up and landscaping prepped. Ask your agent for ideas of what you can do.”
Stokes adds that RE/MAX agents are not only some of the most professional in the industry, they’re also well-connected.
“We have some great resources at our disposal,” Stokes says. “This is a great time to reach out to your agent to see what services they have that can make your life easier.”
Be prepared for a market – and world – that is constantly changing
When it comes to COVID-19 and real estate, no one can accurately predict what the future holds. But in the current moment, Smith is seeing movement in the market.“There’s still buyer interest – I currently have 50-60 listings, and we’ve had activity all weekend,” Smith says. “There are some challenges and hurdles behind the scenes – appraisers are sorting out their own safe-practices, title companies are considering creative and cautious options to facilitate closings, and local villages have closed, which is causing some delays in being able to obtain transfer stamps but only by a few days.”
Stokes points out that historically, real estate can lag behind other industries when showing the effects of a change in the economy.
“We really won’t know the full effect for a couple of months,” Stokes says. “But currently, it’s business as usual in a lot of ways as we work to anticipate and meet the new needs of buyers and sellers.”
The COVID-19 emergency is constantly evolving. Smith encourages everyone in real estate to stay informed.
Please consider The Myers Team your resource for all things real estate. We have over 30 years of real estate experience, specializing in the Montgomery County area. If you are refinancing, want a recommendation, need a service provider or just have a home related question, please give me a call at 301-910-9910 or email me at bobmyersteam@gmail.com.
