Nothing was normal in 2020. Everything was so strange, unusual and stressful that our life changed upside down. The beginning of 2020 was not so strange because the virus was spread only in Asia and we didn’t know how it would look like when we also faced that issue. Of course, this also means that we were not ready at all for what the next months would bring for us. The first cases of COVID-19 occurred in Canada and Manitoba in the early spring/summer. So these cases made people predict what real estate will look like. So a complete decline in both sales and home values was expected to get. However, homes were sold at higher prices and we all realized that 2020 was one of the strongest years in the real estate world.
One reason why the demand for houses has increased is that people living in a small home looked for a bigger space. This is because everything was closed during the global pandemic and we were all at home doing something. So that is why people needed some more space for working, schooling, dancing and so on. After all, people needed some isolation because being with family all day long could be stressful. As a result, a demand for larger property options around Winnipeg got higher day by day. However, along with this high demand, the number of homes for sale has decreased up to 30% on average. This made people have limited choices and they didn’t have many listings at their disposal. This also resulted in higher home prices.
However, there have also been problems with appraisal values because of the overpayment of those properties. Many banks do not give the needed financing to their clients. So even though there is a high demand for homes, many barriers exist as well because of this global pandemic.
We advise you to make sure whether that real estate industry is listed as an important service. As such, the Jennifer Queen Team is still operating, but not as it used to. Based on many new systems, there are different rules and guidelines for who can view that property, how to view and when you can view it. Below you will find various guidelines for buyers and sellers. So read them and see how COVID-19 has change our life so much,
1. Preapproval
You need to have a valid pre-approval in place, if you wish to ho to a tour property. So realtors need to pre-qualify their buyers so they can view that property. Besides you will get to know the market and it will help you decide which property suits you most and meets your budget.
2. Who Can View a Home?
There are many changes in The Winnipeg Realtors so you cannot go for a property viewing like before. Nowadays, only 2 people can go for viewing. Do not forget that the person who will be that house owner should also view that property.
3. When Can You View a Property?
A COVID-19 has brought many new rules, one of them is that relators should not overlap any showings with other groups. So you have to book a viewing and look through that property fast. The reason why this is so that there will be less touching between people.
4. Additional Requirements
First of all, make sure you have filled out a COVID-19 declaration form. This is a requirement in order to view that property. In fact, this is needed for each viewing of every house. So, for instance, if you have plant to view 3 homes then you should complete 5 disclosures. Due to this declaration form, you guarantee you are healthy and you don’t suffer from coronavirus.
So this new updated system has one aim: to make you ready for the upcoming procedures. Thus, you will rest easy knowing that you don’t have COVID-19 virus. So this will also help you discuss your requests with a realtor and find the best solution that works for you during this unbearable pandemic.
If there are any questions about the new system, or if you just want to know any other information on today’s market, simply feel free to contact The Jennifer Queen Team. These experts will help you find a suitable House for Sale Winnipeg and enjoy reasonable prices. So, you are in the market looking for a new home or selling your existing house, just get in touch with The Jennifer Queen Team. The professional agents will discuss your precise requirements with you and find a suitable property suited for your needs. The best thing is that you will be notified immediately if a property that fits your requirements becomes available and you will have a chance to be one of the first ones to view that that House for Sale Winnipeg.
Hurry up to contact The Jennifer Queen Team for House for Sale Winnipeg and these expert realtors will bring the most excellent deals you could not find if you deal with other companies. Many people who have decided to change their location trusted this team of realtors and remained 100% satisfied with the results. Look no further than The Jennifer Queen Team as this is the best company that will never waste your money and time. Do you want to sell your property online ?? Then create beautiful real estate flyer with PhotoADKing’s flyer maker tool , where you can customize your offerings easily and they are ready to share on social media platforms for drive more customers to buy your property.
The realtors will pave you the correct path so you will end up buying your dream property. Hard work, combined with innovation and their in-depth understanding of the property market give them the edge in today’s highly competitive industry. Buying Houses for Sale in Charleswood Winnipeg and moving into a new community means that your lifestyle will change a lot. If you are also up for this process, let The Jennifer Queen Team help you. By providing you with excellent Houses for Sale in Charleswood Winnipeg, these realtors strive to make the whole process hassle-free. Now contact them and see how they can assist you despite this COVID-19!
