COVID-19 impacting the real estate industry

COVID-19 impacting the real estate industry

Real estate will not be the same for a while, but the good news is the need to sell matches the need to buy during the pandemic.and local realtors are making sure they are meeting your needs to make it happen.fox 55's jentill neal talked to local realtors about the adjustments they're making.

In a few weeks , covid-19 has virtually impacted every industry in the world including real estate.> 20:01:42-20:01:58efore corona virus, the market was going very strong.

Melissa and i had 21 pending deals on the table and then when the corona virus hit, the only thing that really changed was a couple of deals were a little challenged based on if folks who were people in fort wayne are job.- getting a taste of how important home actually is ... the need to sell is matching the need to buy e- but the process of closing is a little slower now.20:02:45-20:02:54 uyers and sellers are not able to talk or share information that has slowed things down.

However they are stilome things .

The industry is doing to fill the gaps are having title companies doing curbside service and realtors giving virtual tours, for those who can meet in person.>"i thi it will be a helpful tool to do virtual tours with our clients, but you still have people that want to do it the old fashioned way and we're open to doing that safely."

They're sanitizing everything and maintaining distance 6 feet apart while showing homes.

>20:06:43-20:06:44"we're still seeing homes evaluate and only stay on the market a day or two."