Expert tips for navigating the COVID-19 housing market

How to see opportunity in uncertainty.

We know there is a lot of uncertainty in the housing market right now with the unprecedented spread of COVID-19. However, our data shows that many buyers are still, or newly, interested in homes. Here are a few tips from our experts on how to find opportunities for your clients and your business.

Move your open houses online

Online open houses will become a long-term staple in the industry — so they’re worth investing in now. While it may sound like more work, this format can actually be pretty informal and often attracts even more qualified buyers than an in-person viewing. The more you do them, the easier it will become. Here are a few tips to start.

1. Use a high quality cell phone (an iPhone or Android will do the trick) or camera. If you choose to use a phone, try to go for that “I can’t believe this was taken with a phone!” clarity and natural light.
2. Distribute your videos on all your social media channels and update your online listings. Use relevant #hashtags to start engaging in online conversations so other users can easily find your content!

Focus on nurturing your relationships

Pick a year (ex: 2015) and send clients you worked with in that year a handwritten note, an email, or a message on social media. You never know if they could be looking to make a move or know someone who is. Just let them know you are thinking of them and how grateful you are for their business.

Be a resource for your clients

During this time, be sure to keep your clients up to date on any information that provides insight into the real estate market, especially if COVID-19 is affecting their home buying or selling process. Reassure your clients by monitoring the current situation and providing them with real time, factual updates.

Looking for more tips? Our door is always open and our experts are happy to help. hello@ribbonhome.com