Selling Bay Area Real Estate after the pandemic? Here’s what you need to know:
The continued low inventory and high demand led to the Bay Area Real Estate shortage. Meanwhile, restrictions to hold open houses and showings have affected many sellers. They were forced to pause their home sale plans until things get back to normal. Sellers not only doubt the current situation – but they’re also concerned with the financial and equity aspects. On the other hand, the seller’s market is likely to continue for some time. This means sellers will be able to get everything they’re asking for without any rejection.
Preparing for the Post-pandemic Market
We encourage sellers to prepare for the post-pandemic market. This is because we are expecting a wave of buyer interest post-pandemic. For the time being, sellers should maximize the use of technology for the listing process in order to ensure their downtime is put to good use. Take this time to contact old leads. With the current market situation, people are reassessing their options. Buyers are looking for opportunities to diversify their investments. Either way, be sure to keep in touch with leads to stay on top of their minds when the time is right for them.
Better Days are Coming
Amid unprecedented disruptions, it becomes clear which companies are truly ready for the future. As an innovative residential brokerage, Compass is the future of the real estate. Compass is building the first modern real estate platform. Pairing the industry’s top talent with technology to make the selling experience intelligent and seamless. As we prepare for the future, we can be ready for a post-pandemic Bay Area Real Estate market.
Many sellers who understand the importance of holding onto their equity trust the Minchen Team. We offer modern real estate solutions with top-rated service that puts our clients first. 👉See what our past clients have to say!