The world we live in today seems to have transformed drastically. From lifestyle patterns to working schedules, the COVID-19 pandemic has created a profound impact in the lives of the 21st-century population. In terms of Real Estate, the dynamics of the market seems to have benefited especially for those who are on the lookout for their dream property. Real Estate experts suggest that the post-pandemic situation has brought with it several advantages for homebuyers across the globe. This definitely gives enough assurance for homebuyers to accept the fact that this is the best time to invest in Real Estate.
Though there are plenty of reasons to invest now, following are some of the key ones that will compel you to start your Real Estate hunt within seconds.
Ease of access
Gone are the days when one would have to go from one place to the other to hunt for a property. If you are still asking yourself ‘Is it the right time to invest in Real Estate?’, then the answer is ‘absolutely!’. Not only are the decrease in prices to your advantage, but you can now also explore properties anywhere with just the click of a button. Virtual walkthroughs, websites, downloadable brochures, video conferencing for price negotiations, online verification of documents, even online selection of properties - Real Estate developers are making it quite easy for home buyers to continue their property purchase online. Real Estate CRM software like Sell.Do are ideally playing the enabler during these tough times.
During the COVID-19 era, common people have realised the importance of owning a home. Hence the demand of Residential Real Estate increased exponentially. Also our government has been kind enough to reduce the stamp duty charges on buying a property to 2%. Additionally, due to the tough times faced by everyone, Real Estate developers have come up with attractive offers, flexible payment plans and benefit-driven campaigns to encourage their leads to reach the decision stage faster. Home buyers obviously stand to benefit from this trend.
Reduced prices and ease of payments
One of the most preferred highlights of being a home hunter now is the price at which properties are being listed currently. While the prices did not fluctuate much, the payment process has been made more flexible and easy. Real Estate Developers are encouraging home buyers to book homes through easy payment plans. This makes an ideal situation for the home buyers to pick their dream homes, negotiate the price at which they are comfortable and make payments through flexible plans that don’t burden your finances.
Financial assistance is now at peak for home buyers. Banks are now providing various schemes and offers for first time home buyers. A reduction in the Repo rate by RBI has further made these financial institutions charge lower interest rates, thus benefiting those willing to invest in Real Estate.
With the use of technology, property hunting now is a pleasant experience for both buyers and sellers. A variety of Real Estate CRM software platforms are available that will facilitate both home buying and selling processes. Sell.Do is one such exclusive CRM software for Real Estate developers in India that enables them to bring their business back on track.
All things considered, now would an ideal time to resume your Real Estate property plans safely and confidently