When the coronavirus hit, real estate faced a turning point.
The pandemic creates challenges for everyone––none of them being particularly easy. In the real estate industry, old ways of doing business became outdated overnight. Just consider the average day: Until March, sales associates spent hours on face-to-face contact. A home showing was the centerpiece of most transactions.
In those first weeks of shelter-in-place, millions of real estate experts came together to find new ways of doing things, knowing their professional community depended on it. Virtual showings and open houses are emblematic of that effort. They've become some of the most popular real estate marketing tools.
Let's take a closer look at virtual showings and open houses and how this technology shapes the future of the real estate industry