• May 5, 2020

We’d love to be able to predict the property market’s future trajectory in light of the COVID-19 crisis, however in the absence of a crystal ball, what we can tell you is exactly what we’re seeing right now, and the news is essentially promising. While transaction volume has decreased, the ratio of buyers to sellers hasn’t changed a great deal, and interestingly we really haven’t seen a marked difference in prices. 

If you’re contemplating selling in the current climate it’s not unreasonable to aim for results you would have expected at the start of the year. However, what you can expect is that it may take a little longer to sell your property, but that doesn’t mean you’re going to end up with a less desirable result.  

Encouragingly, we’ve seen an increase in buyer engagement over the past week, with eager purchasers looking to get their buying journey back on track. This is likely being driven by the rising optimism around easing of COVID-19 restrictions and a sense that life could get back to some sort of normality in the next few months.

We’ve always championed our ability to rapidly adapt to changing circumstances and come up with ideas that help our clients through anything the market throws at us. So to give our vendors some peace of mind and confidence in their decision to sell, we’re offering a unique marketing guarantee for anyone who lists their property with us in May.

If the situation takes a turn for the worse or the campaign’s not progressing as desired and you decide it’s not the right time to sell, you can take your property off the market and re-list with us within six months and we won’t charge you any additional marketing fees. We’ll give you the same marketing package for free so you can try again when you feel the market is improving down the track. 

This is a really great initiative designed to support you if you’ve been considering testing the waters but are feeling cautious in this new COVID-19 era. As always, the C&H team finds ways to adjust to the changing landscape and make your real estate journey simple. Get in touch with us for more information. 

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