Langstaff Gateway Condos toronto.How does Canadian real estate continue to develop? COVID-19 has slowly spread to the whole world in recent months, many cities seem to be at a standstill, business stops, shopping malls and banks are closed, people are forced to stay at home, the streets are empty.Please Visit: Langstaff Gateway Condos toronto to Get Your VVIP Registration Today!
On the outside, everything seems to stop, but in fact, people are still active in their posts indoors, and the focus of work shifts from outdoor to indoor. In the real estate market that we are concerned about, even in the global new coronavirus pandemic, there are still sellers who need to sell properties and buyers need to buy properties.
Fortunately, we live in the age of technology, and real estate agents can use network technology to implement safe and effective solutions to ensure that transactions can still proceed smoothly. A brief pause in real estate transactions will not come to a full stop.
If it is affordable, now may be a good time to buy a house, because the current bank lending rate should be the lowest.
Banks around the world have been cutting interest rates in response to the virus outbreak. The Bank of Canada cut interest rates by a full 1.5 percentage points in March, so potential homebuyers who want to get mortgages can now expect to borrow at lower rates. In addition, as fixed loan rates are also falling, buyers have the flexibility to borrow more loans to buy better properties or lower interest rates to reduce monthly repayments.
So how can real estate agents help with home purchases, especially in temporary social isolation, when buyers have good buying conditions?
The great progress in science and technology has triggered a fundamental change in the real estate industry, and it is now easier than ever to obtain a large amount of real estate information.
Room map, property description, panoramic picture and video reading, so that buyers can have a better understanding and feeling of the house before entering the property for on-the-spot inspection.
During the quarantine, a larger proportion of people will “stick” to the screens of electronic products, and the number of onlookers and buyers browsing the online market may increase significantly. So in order to ensure that more house information and appearance can be shown to potential buyers, real estate agents will now provide more detailed electronic information.
These tools help bring the real estate market online, at least during the quarantine.
More and more real estate agents are working with photographers to take high-quality photos and videos to create an immersive experience for home buyers.
Buyers can get a sense of relative space without being on the spot. Viewers can adjust the location of the space by themselves, interact with the broker and visit the house visually through high-definition video.
Therefore, during the COVID-19 period, it is recommended that you use 360-degree virtual house viewing instead of the previous weekend public day viewing.
