2020 is still reeling from Covid-19. While the first phase is gradually declining, there are fears that a second phase will begin.
However, as the economy is opening up and businesses are getting back to work, we realized that the way consumers perceive businesses may be different today. There is a probability that new trends are developing in many industries, and the real estate market is no different.
We reached out to non other than Jacques Poujade, a managing Partner at LendPlus—a successful real estate brokerage agency that provides real estate solutions to a host of clients.
Jacques Poujade is certainly one person in the business who knows his worth about real estate. From helping a lot of people attain their real estate goals to having successful property sales and leases, he is certainly one of the best in the market. Let’s hand it all over to Jacques Poujade.
The Real Estate Market Began Changing Pre-Covid
I know that a lot of people want to know if the market is the same post-Covid. The market already started seeing new trends years before Covid began and it takes a savvy entrepreneur to see these trends and use them to his advantage.
For example, in recent years, many tools have been developed to ease the stress of finding real estate properties. Today, you can get much information about a property from your cell phone or your personal computer without visiting any public records office.
It’s amazing. Take LandGlide and DealMachine: these amazing tools will give you spatial location, county data, information about crime rate, schools, public offices, owner of property, mortgage status, and a host of inexhaustible information about a property without you leaving your home.
As a matter of fact, it has become quite easy to locate properties, find the owners, negotiate a deal, and purchase the property before anyone knows that the property was ever in the market.
People are Getting into Real Estate More
It is important to note that the real estate market has an extensive opening, and more people are seeing reasons to own a property for residential or business purposes. Will this drive prices of properties up?
It depends on the area and the seller; however, with excellent entry, the competition is set to increase. This means that, more than ever, new real estate investors need to learn the intricacies of real estate.
Contactless Business is Key
Post-covid has given a lot of business a reason to perform transactions without touching, shaking, or even necessarily seeing the other person. If contact can be avoided, it should be avoided.
If you have a property to sell, you must consider the option of showing your property to potential investors and buyers without having them come over to your home. How can this be achieved? 3D Tour: Virtual tours are the new thing in real estate.
With virtual tours, you can showcase your property to potential buyers and they can make informed buying decisions without stepping into the property. To grow, you must learn how to maximize virtual house tours or hire a company that does.
There is so Much Information Online
Yes, there has always been so much to learn about real estate online; however, it is different today. Today, there are so many successful real estate investors willing to impart you with great knowledge about real estate. If you are willing to learn, you will definitely be successful.
Real Estate Still Remains one of the Best Passive Income Generators Post-Covid
Most people want to know if they can still invest viably in real estate post-Covid. The simple answer is ‘Yes, you can.’
Covid-19 has not changed the viability of the market, and if you know how to make smart business decisions, you can still make a lot of money from real estate.