During the pandemic, many real estate agents had their busiest year ever. There were millions of people who suddenly needed more space, no longer wanted to be “stuck” in cities they had moved to for work or school, or finally had an opportunity to get their dream home at a great price and with a crazy-low mortgage rate. But there was just one, small snag: A pandemic that made in-person meetings a no-go. Showings and open houses were replaced with lockdowns, flight bans, quarantines, social distancing, and travel restrictions. As the industry faced its biggest challenge—and highest demand—yet, we were pleasantly surprised to find that real estate could function very well using a simple tool we all had on hand: Our phones.
In the past 30 days alone, I’ve sold four properties in South Florida over $10 million apiece without a single in-person showing. These deals happened completely virtually. While this may sound like the exception, or a Covid-specific occurrence, I see virtual deals as a trend that will only grow. Here’s why: Read the complete article here.
Article written by Ryan Serhant