For many people, the COVID-19 quarantine has provided time to slow down and relax—but Realtors are working harder than ever. In the past three months, the way people buy and sell homes has changed, and Realtors have rapidly adapted—hosting virtual open houses, helping buyers search for homes while social distancing, and handling closings from their dining room tables.
More change is on the way. Experts predict that the temporary slowdown in home sales will be followed by a summer rebound, fueled by pent-up demand and surging inventory. In fact, according to a recent survey conducted by the National Association of Realtors, 75% of sellers who have delayed listing, plan to put their homes back on the market as soon as stay-at-home orders end. That means that inventory will increase in the coming months, and sellers will need to compete for offers from eager buyers who are looking for updated properties.
Now more than ever, pre-sale renovation is critical, both for sellers who want to maximize profit and for agents who want to build a strong pipeline. Curbio is here to help—just like we have been—with a better, faster renovation solution.