It's no news to real estate firms that the coronavirus pandemic is hitting in the peak spring real estate season. With many states instituting shelter in place or stay at home orders, the ability to show homes, hold in-person open houses, and meet with clients in person has been reduced dramatically, and rightfully so.
Consequently, real estate firms have seen a huge spike in demand for virtual home showings—some in the triple digits. Firms are adopting new technology and changing how they do business: video tours, drive-by closings, and more are becoming the new normal.
While COVID-19 precautions are keeping people at home, it hasn't necessarily lessened their interest in shopping for new homes. And while most sellers understand that closing the deal will be challenging during these times, they still want to market their property, show their home to potential buyers, and keep the ball rolling toward an eventual sale.
Real estate firms and sales associates...
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