f you’ve been thinking about buying or selling a Boston condo for sale in the near future, the unprecedented events of the last few weeks might have left you feeling a bit uncertain. COVID-19 has undoubtedly affected all of our lives, but that doesn’t mean you need to press pause on your Boston real estate dreams.
Our goal at Ford Realty inc., is to set the record straight about how these changes to everyday life affect Boston condo buyers, sellers, and agents…and how you can protect yourself while continuing to pursue your real estate goals.
How will COVID-19 affect the real estate market?
Our way of life has changed dramatically within the course of just a few months, and the real estate market has shifted, too. It’s hard to predict what will happen in the future, but here’s what we know right now.
Expect some real estate market shifts
As we adjust to a new normal, it’s clear that COVID-19 will have a lasting impact on the Boston real estate. However, this doesn’t mean that Bostonians aren’t still buying and selling Boston condos. A recent survey by the National Association of Realtors shows that 61% of sellers plan to keep their houses on the market, and over half of buyers will continue to shop for a home.
Although we’ll likely see a reduced number of sales in the coming weeks and months, record-low interest rates and a continuously low supply of downtown Boston condos will help to prevent any drastic price drops.
Buying and selling a Boston condo during COVID-19
Today, Boston real estate agents are continuing to help their clients buy and sell downtown Boston condominiums—but you can expect to see some changes.
Essential tips for condo sellers
Placing Boston condos for sale on the market during the COVID-19 outbreak is definitely uncharted territory, but as we’ve seen in the last few weeks, it’s not impossible.
Make sure you’re healthy
First and foremost, it’s crucial to ensure that every member of your household is healthy before and during the selling process. Alert your agent right away if you’re feeling sick so they can halt in-person showings.
Sanitize your Boston condo for sale
As a seller, your main priority should be ensuring that your Boston condo for sale is germ-free, especially before a showing. We recommend wiping down all surfaces with disinfectant wipes and sprays and offering hand sanitizer to potential buyers.
Capitalize on Google real estate searches
If you are planning on selling your downtown Boston condo soon, have your agent use the latest Google marketing techniques to really showcase your listing. Open houses and showings might be out, but virtual tours and showings via video sharing platforms are in.
Tips for Boston condo buyers
Yes, it’s still possible to buy a Beacon Hill home during these uncertain times—and modern technology is making everything easier than you might expect.
Use Google technology
Thanks to new innovations, it’s easier than ever to explore listings from the comfort of your couch. If you don’t want to attend a showing, many agents provide in-depth virtual tours and personal walk-throughs through video platforms like FaceTime and Zoom.
The first step, select a Boston real estate broker that has top-ranking reputation on Google Reviews. Check out our Boston real estate Google Reviews
Remember, It’s also possible to complete the entire closing process remotely. Chances are, most documents can be signed electronically, which adds another layer of convenience and safety.
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