With coronavirus and a struggling economy, there are many challenges property owners are facing when they need to sell. Thinking about selling your house during a global pandemic can be more than a little stressful. If you find yourself in just this situation, you will want to pay very close attention to these 5 difficulties homeowners are facing when trying to sell their Baltimore homes during coronavirus.
Cleaning precautions must be taken during COVID19 both before and after every potential buyer visits your house for the health of yourself and anyone who walks through later. Let’s face it, all the extra effort and time involved in sanitizing every surface can be exhausting to sellers. Not only is it more work for you as the seller, but you may also find yourself in the difficult position of having to trust in the buyer’s agent to be just as thorough cleaning everything as you would be. You must trust that they will do so, in the course of in-person, and what feels like biologically invasive showings at this time. Being certain that their families will remain safe is yet another challenge homeowners are facing when trying to sell their Baltimore homes during coronavirus
Because of the rapid changes in demand in the real estate industry, a lot of agents find themselves overwhelmed. Without established systems using today’s technology and lacking the knowledge to make full use of new digital tools, they fall behind when attempting to meet the marketing demands and strategies to bring buyers to your door. Not being properly marketed on the internet can literally be the difference between your home selling or sitting on the market. And if your agent does already use all of the technology available, you can be sure that you will be covering the expenses related to that technology in their marketing plan. Homeowners are facing increased demand for online virtual tours and technologically savvy marketing when trying to sell their Baltimore homes during coronavirus
Lack of Interest
Buyer’s priorities and demands in housing have evolved along with every other aspect of our lives that has been affected by the disease. With the dynamics changing not only in living arrangements created by the economic downfall but in the virtual schooling revolution making more space important. More adults are or will soon be working from home, which will require dedicated office space and you can begin to see the picture, the more space available the better. Combined with mass exoduses from large cities and there will be fewer larger homes on the market, as the previous trend was in downsizing. This is a problem many homeowners are now facing when trying to sell their Baltimore homes during coronavirus. Likewise, if someone is trying to buy during this time, it’s likely they are in need of a ready-to-move-in dwelling. You may be feeling extreme pressure if you are in a position where you can not afford repairs or maintaining your home.
As changes to the rules governing business continue to evolve, it’s critical to stay aware of the latest information for your city and state, which have had a negative effect on real estate transactions, caused by increasing delays. Some of the difficulties homeowners are facing are multiple delays in closing. As potential buyers face ever-changing challenges such as more stringent requirements to qualify for loans, sellers continue to lose deals and have to start over from scratch, when trying to sell their Baltimore homes during coronavirus.
Last but not least, people are facing high levels of stress from living through this unique time in modern history and are dealing with the constant changes and uncertainty. Just knowing that groups of people will be looking through your own home can also be extremely off-putting, especially considering the looming threat of the serious illness which COVID19 can become. In the majority of cases, people are moving due to job loss or other hardships from the illness itself, which can be devastating during the best of times. If there are delays in your home selling, while you are being forced by other circumstances to continue with your own move, it can mean up to double your usual expenses or more while you own both properties. Not only this, there are of course all of the health concerns of how the movers handle your belongings and preparing the property prior to moving your family in. All of this with no guarantee of a timeline until you finally have a closed sale and cash in hand. Your burden is magnified when trying to sell your Baltimore home during coronavirus.
It can be more than stressful when considering all that homeowners are facing when trying to sell their Baltimore homes during coronavirus. We Buy Houses Cash Baltimore can help you avoid the dangers of possible exposure, a poorly marketed property, buyers constantly canceling, or even a potential lack of interest in your home. There is no need to be concerned about the impact coronavirus will have on selling your home any longer, we will handle everything for you, explaining every step along the way and give you a definite closing date! Just sell directly to We Buy Houses Cash Baltimore instead of worrying any longer. Send us a message or call 410-989-3740 today!