Pleasant temperatures, flowering gardens, many hours of sunshine - for many owners, summer is often considered the best time to sell property. However, the corona pandemic is causing uncertainty among many potential home sellers. For example, when it comes to how to sell a house even without personal contact with the interested parties. However, as real estate experts, we can reassure you in this respect: Nothing stands in the way of a successful property sale this summer either. We will explain to you on the basis of the following three questions why this is so and how you can market your house profitably even now:
Many owners, potential buyers and investors are currently wondering to what extent property prices are affected by the corona crisis. According to the current state of knowledge of Engel & Völkers, there are no significant price increases or price differentials. Real estate is thus once again proving to be crisis-proof, even in the face of the global pandemic. Irrespective of the current situation, thanks to warm temperatures and sunshine, the summer also enhances the mood of both the buyer and seller. This is another reason why the season is considered the peak season in real estate circles. In these times, Engel & Völkers is increasingly focusing on virtual tours, which can be conducted entirely without direct personal contact. Owners who are considering selling their property therefore still have a promising time ahead.
Depending on the location, the mood on the property market varies, because some countries are much more affected by COVID-19 than others. Fortunately, however, the authorities in many places have already decided to relax the curfew and social interaction restrictions. This should contribute to a more positive market development in the near future. The summer also has a lot else to offer for home sellers. Contracts tend to be concluded much more quickly: Experience shows that during the summer months there are more serious prospective buyers with a concrete intention to buy, which in turn leads to more dynamic purchase decisions.
Apart from the above-mentioned advantages, there are also other reasons why the summer season is popular with owners and home buyers alike. For one thing, bright sunshine often creates a perfect lighting ambience - even if your property is presented online via live video or a virtual tour. In addition, a well-kept and flowering garden can significantly enhance the value of the property and increase buyer interest. Last but not least, summery accents in the interior can increase the willingness to buy. Use natural elements for this purpose and decorate your property with fresh flowers or green plants before the virtual viewing.
As you can see, nothing stands in the way of a house sale this summer either. At Engel & Völkers, you benefit not only from first-class digital marketing opportunities, but also from a global network with more than 800 locations. This allows us to handle your property sale without any problems and in strict compliance with safety regulations, even in the current times of crisis. Let our real estate experts advise you on what we can do for you - we look forward to hearing from you!