Selling Your Home During the COVID-19 Outbreak

The term “new normal” has been used a lot lately when describing the rippling effect the Coronavirus, COVID-19 has had on our country and the world. But there is nothing normal about empty parks, clear roads or long-term school closures. And there is certainly nothing normal about selling your home when you literally can’t be anywhere else.

So far, the real estate market in Metro Atlanta remains open for business but gone are the days of running to Starbucks to pass the time while potential buyers tour your home.

All the medical experts will advise you that the safest route right now is to hold off on putting your home on the market. The rules of the past regarding the best times to sell your home, currently do not apply.

Life, however, isn’t always that simple and you may be facing circumstances that require you to move forward with your home selling process regardless of a shelter-in-place order from your city.

It’s time to get creative and flexible…

1. Create a Video Walk Through of Your Home

Clean the house, turn on all of the lights, organize closets, remove any clutter, pick up the rugs and take down any personal photos… then start filming! You’ll want to film in a “POV” (point of view) style using a DSLR camera or the newest smart phone you have. If you’re using a phone, remember to hold it horizontally while filming.

If your realtor doesn’t have the equipment or experience to do this for you, there are so many resources available online to help guide you through the process. Here’s a great example to get started: https://www.youtube.com/watch?v=GWtK4berZ2s

2. Teleconference Live Virtual Tours with Realtors & Buyers

Technology is playing the biggest role in keeping our economy afloat while we navigate through this current health crisis. Be open to giving potential buyers as many virtual home tours as they request until they feel ready to make an offer. At that time discuss with your realtor about a plan for physical home showings. Discuss a plan that allows sanitizing between appointments and precautions you would like the buyers to take when in the home; i.e. No shoes inside the house, no touch policy unless wearing gloves, only the essential people attend (no children) and if anyone is having symptoms of any kind, they do not attend.

3. Move Out, If Possible

Moving out before your home sells is not an option for everyone unless you have the financial means or a generous friend or family member that can offer you a place to stay without adding any extra risk to either one of you (i.e. someone in the house is a health worker and you are immune compromised or vice versa).

If you have a parent or a grandparent who could use the extra company, it’s a win-win for the both of you! What sounds better than spending some precious time with grandma while your empty house remains open for potential buyers?

Now once you move onto the closing process, we can take it from there! All of us at Frank Pallotta Law are working day and night with real estate agents in Cherokee and neighboring counties to ensure business continues for our clients. You can read more about the steps we are taking to keep your closing process moving forward while also maintaining everyone’s health and safety in our Message To Our Clients About COVID-19 and check out our Facebook for updates as things progress.

Best Months to Sell Your Home – RANKED

When to sell? When to buy? When to close? If you’re in the beginning phase of putting your home on the market, you’ve most likely already been told that it’s a seller’s market out there. Lucky for you, right?! Yes, as long as you have a wise real estate agent and a thorough closing attorney by your side.

Although the current real estate market is in favor of home-sellers, you still need to find the right season for homebuyers. We’ll take you through the top 4 months to put your home on the market based on the demographic that your newly listed home in the Metro Atlanta area will appeal to!

1. July 

There are so many factors that make July the #1 month to sell your home. The obvious one being BEAUTIFUL weather! What better way to showcase what your home has to offer on the inside and outside than a beautiful summer day? The second biggest reason July is the top month to sell your house is children are on summer break so your home buyers have more time and convenience to move, change school districts and get settled all before the kids start their next school year.

2. August

August is ranked 2nd best month to sell your home for many of the same reasons that make July the hottest month for homebuyers to be shopping the real estate market! Although listing your home in August could be a little riskier than July, due to the school year quickly approaching, but if you know you’re in a desired real estate location like Woodstock, GA, then you could set yourself up for the perfect bidding war. In this “seller’s market” we see a lot of homebuyer bidding wars that result in homes selling above list price. MAJOR WIN!

3. September

I know, we said to sell while the kids are out of school but September could still work for the young families on the search! Young growing families with children who are not yet in the school system will be searching while the weather is still nice. So if you have a home near a good school district, listing your home in September could motivate a lot of homebuyers to close before the holidays begin!

4. October

If your home is more the bachelor pad type or a retirement community, you don’t have to work around the general school schedule. However, you will want to get your home listed before the Holiday Season and FLU season begins! No one wants a lot of foot traffic in and out of their homes during this time (not to mention, where will you hide all of the presents?). List your home at the beginning of the fall season so you can have it sold before the Christmas trees are up and the germs are out!

If you’re ready to sell your home and need to be connected with a team that will know the in’s and out’s of the real estate market, we’re here to help! Give us a call today and let our expert team guide you through the process.