Real estate is just one of the industries that has had to adapt to the world COVID-19 has introduced us to. And because people will always have their own good reasons to move, the industry will continue to modify its processes to accommodate both safety and efficiency.
Digital workarounds are now gaining traction as buyers and sellers are introduced to new "hands-off" protocols, including the following:
- Open houses have been replaced with virtual tours and live-stream walkthroughs.
- Any necessary in-person home showings are arranged on a case-by-case basis, and all are preceded with strict instructions as to safety protocol.
- Face-to-face negotiations are now conducted through web-based conferencing.
- Physical dealings have transitioned to digital transactions.
Real estate involves intricate logistics at the best of times, and today's changes are impacting every person, every step along the way. Indeed, it's important, now more than ever, to partner with professionals who can ensure all contingencies are carefully considered. For example, additional clauses such as provisions for the digital signing of documents and the electronic transfer of funds must now be included in transaction documents.
One thing that will never change is the personal care and respect you'll receive throughout your real estate journey. Let's connect for an update on how best to navigate through today's changing times!