Coronavirus pandemic has left many of us shattered. However, the housing market in Milwaukee is left fairly intact. How is the houseselling process impacted by this, and can you still arrange property showings in such situation?
The global pandemic has lowered the number of house sales in Milwaukee. However, at the moment, house prices are remaining steady. Still, some things have changed, and one of these are property showings.
Most countries are still under some kind of a lockdown or curfew. Even though restrictions are slowly being lifted in some areas, mostly only essential workers are allowed to continue without any stoppage. Fortunately, in many states, real estate services have become categorized as essential. In other words, you can still sell your house or buy a new one, despite the ongoing situation. This also means that property showings during coronavirus are possible. However, they usually look a bit different.
Can You Do Standard Property Showings in Milwaukee?
When it comes to standard property showings, they are possible but not recommended. Some precaution measures need to be taken to ensure every party remains safe and healthy. Masks are highly recommended, and disinfecting the house before and after a showing is a must. Also, no more than two people should be inside the property at the same time. This can be a nuisance for the buyer, as they’ll often want to see the house together with their real estate agent.
Property Showings Have Become Virtual
Many markets are slowly moving to the digital space, and real estate is just one of them. Virtual tours are now one of the main ways a property showing is organized. This includes video showings, but also virtual reality experiences, 3D walkthroughs and 3D floor plans. This makes it easier to show the house to the potential buyer without endangering anyone. Not to mention how faster this method is, compared to traditional showings. There is no need to spend hours driving to the property in question. Instead you can take a look of the property from the comfort of your home. Of course, unless you have the technology to create these tours, such as a 360-degree camera, you’ll have to pay a fine sum of money for a professional to design the tour for you.
Social Media Provided a Helping Hand
As virtual tours are becoming more popular, so is advertising on social media. In fact, instead of arranging an open house, now you can utilize the advantages of platforms such as Facebook Live, Instagram Live or even Periscope. By using these options, you can organize a tour of your house that will have possibly even an unlimited amount of visitors – without inviting anyone in. For a certain fee, you can even make a deal with your real estate agent who will distribute this live recording to his entire network of buyers. This is a great option if you fear you won’t find the right buyers in Milwaukee, especially without organizing property showings. Social media gives us a free advertising space to market our house to a large pool of buyers. However, most people don’t really go to Facebook when looking to buy a house. If you plan on doing this step by yourself, you might find it hard to find the right audience.
Is This a Good Thing?
As most of us are stuck at home, the rise of virtual tours is bound to become a new norm. But is it a good thing? Well, in the situation we’ve found ourselves into, this way of functioning has many advantages. The first and probably the most important one is the practice of social distancing, which is becoming easier every day. Today most of the things can be completed without any physical contact, including buying or selling properties. Not to mention that virtual tours are time and cost efficient. You no longer have to worry about cleaning your property every day in case an unsuspected buyer walks in to check out your property.
However, creating virtual property showings isn’t as easy as it seems. Sure, you can simply record everything via your phone, but keep in mind that good pictures and videos are what’s going to sell your house. You don’t want to agree having mediocre quality photographs and recordings on your listing. Unless you already own all this equipment, paying for a professional can cost a lot of money. Not to mention that it’s difficult finding a real estate agent who is experienced in creating excellent virtual property showings! When it’s all said and done, you might be better off working with a professional buyer in Milwaukee, such as Sparks Property Investors LLC, who is willing to buy your house as-is and doesn’t really care in the quality of your pictures. Sure, property showings are becoming simplified, but unless you are certain you have professional stagers and photographers who are prepared to work for you for a hefty fee, you might end up not selling your house at all.