With the spread of the COVID-19 pandemic across the country and into our province, many buyers and sellers are wondering how this will affect the real estate market. The good news is, so much of the listing and sale process can be done remotely, even while many of us are social distancing or self-isolating. For sellers, Robert Realty Team offers the option to add virtual tours to listings, which allows buyers to get a 360° view of the property. For buyers, we offer video tours if they are unable to view the property in person. Buyers also have the option to make an offer that is conditional upon viewing the property in person at a later date, an option recommended by the Nova Scotia Association of REALTORS® to help mitigate the current situation. Plus, all paperwork for listings and sales can be signed electronically.
Inventory in HRM is low, and buyers are actively searching for properties, so it's still a great time to list your place. And with the recent mortgage rate reductions, it's a great time for buyers to purchase and lock in a low rate. That being said, everyone is encouraged to follow all guidelines from Provincial and Federal Health Authorities and proceed as they feel comfortable.
Whether you're looking to buy or sell, now or down the line, feel free to reach out to discuss all your options !