We are dealing with unprecedented times. Just a couple months ago we were going on with our lives as normal, then COVID-19 came in and changed the world and the way we interact within it. As we adapt to these evolving ways of life, people are wondering if everything has just stopped? The answer is no. Whether we are working from home, learning virtually, or keeping up with friends through video calls, things are still moving along, albeit through different methods or time frames. Australia is a resilient country and Perth is a resilient city. Whether we’re in a mining boom or a mining downturn, experiencing one of our regular annual heatwaves, a major hailstorm or even a global pandemic. Adapting is what we do. My Property Options is still dedicated to providing owners of burdensome properties with fast offers and more choice when deciding how to deal with a house they just don’t want or can’t afford to keep (…or possibly even afford to sell), no matter what is going on in the world. Dealing with property investors as alternative or in conjunction with using a real estate agent or going down the For Sale By Owner route is something most sellers probably don’t give much thought, especially during uncertain times. Below are a few questions some sellers may be asking themselves since this health & subsequent economic crisis began. If you have any other questions, we’re happy to answer them. Please reach out to My Property Options today at (08) 6102-1186
Can you still sell your house during the coronavirus pandemic?
Absolutely! Houses are still being sold the traditional way by listing on the market either FSBO or through a real estate agent as well as direct sales owner occupier buyers and real estate investors. Both types of buyers usually go online to search for homes, and right now, a lot of them have more time to do the research! Websites like Facebook and Realestate.com.au have reported increases in traffic as people are spending more time at home.
What if I need to sell right away?
If you were in a difficult situation before all of this started or the COVID-19 restrictions contributed to your situation, you’re not alone. Prior to COVID-19 we’d spoken to people facing bankruptcy, mortgagee repossession, people needing to sell before buying another home, couples going through a divorce and needing to sell & people inheriting homes they don’t want or can’t afford to keep. We expect the number of people needing to sell because of the above reasons & COVID-19 related issues to increase. We completely understand your concerns and aim do everything we can to provide an offer for your house that you’re happy with in the shortest possible time frame.
How can My Property Options help with my Perth house with everything going on?
First, let’s hop on a call to discuss your selling goals and your situation. We can talk on the phone, have a Skype, Whatsapp, Zoom or Messenger call, meet up on a Google Hangout, Facetime video or voice call, whatever is the easiest for you. We can even do a property walk through with you via video conference! All of this can be done from the comfort of your home without having to come in contact with anyone or go anywhere. No matter what is going on out there, we can still provide an offer for your property for you to consider with no pressure. We use various strategies to suit different types of situations and in some circumstances we can even fund renovations and staging ect to ensure your property stands out for the right reasons. We can’t promise that our offer will be what you’re looking for but we can promise to treat you with respect and offer suggestions that may help if we can’t.
Should I wait for the Coronavirus to be over before trying to sell my house?
That’s debatable, as the ongoing economic effect of the virus ripples through the economy, some experts are predicting property prices to fall and continue falling until the economy and unemployment figures recover which could be 12 months or even years away. Selling now while there are less properties being listed and therefore less competition could be a better option considering the likelihood of another wave of infections and a vaccine not being available any time soon. Many people are holding off on selling, however, there are still people out there who are ready to buy real estate right now! Buyers who are in a position to purchase are hungry for properties, and yours might be the one that catches their eye. By getting the selling process started right now, it ensures you’ll be able to sell faster than those who wait. Either way, it all comes down to your timeline, if the offer satisfies your requirements and if waiting will prevent you from capitalising on other opportunities.
Can I stay in the house until this is all over?
Yes! You may be hesitant to sell right now because you don’t want to find somewhere else to live during all of this. If you need to stay in the home until this has subsided, we’re more than happy to work with you. Our process is very flexible and we will always strive to make an offer that’s easy for you.
Tips From the State & Federal Governments
While we want to serve our community the best we can through all of this, we also want people to remain safe and vigilant. The State Federal Governments are continuously updating information advice on how to protect people affected by this awful health financial crisis. Remember to wash your hands frequently, avoid touching your face, and disinfect the common surfaces throughout your home. Most importantly, check in with your neighbours to make sure they’re ok and have the supplies they need. We’re all in this together!
If you have had to deal with the consequences of the coronavirus pandemic, either from being infected or not being able to work as a result need to sell your house. A difficult situation you were dealing with before all of this started may have gotten worse, making your property even more of a burden. Our team has spoken to people in all kinds of situations and understands what you are going through. We’re here for you and are prepared to help with any challenging situation you may be facing that involves your house or home. Feel free to contact us at any time. (08) 6102-1186
