Selling Your Philadelphia Home in the Age of COVID-19: What You Should Know

Nearly six months after COVID-19 was declared a pandemic by the World Health Organization (WHO), countries all over the map continue to deal with the effects. There’s no denying the pandemic has changed how things are done across numerous industries across the globe. However, real estate is one, in particular, that is undergoing a significant and volatile impact — especially locally.

While some agents or investors throughout Philadelphia are working within the confines of mask requirements, social distancing, and updated sanitation standards for open houses and in-person functions, others are taking this unprecedented time to get creative, finding new and innovative ways to sell their house in the City of Brotherly Love. Today, we’ll explore how current events are continually shaping the real estate industry, and the advantages of selling your house for cash — and fast!

Virtual Realty

From shopping and entertainment to communicating with coworkers, friends, and family, less and less face-to-face human contact is taking place. Instead, people are doing more and more of these things online now more than ever — and real estate is no exception. Sellers, investors, and agents have turned to various software and platforms to post and share virtual tours to entice and inform home buyers.

That said, virtual tools and the array of other listing arrangements come at a cost. Between premium listings, professional photography, and video marketing initiatives, you could be looking at paying a pretty penny or taking extra time to manage all of these digital materials. Listing costs can be through the roof and particularly challenging for those looking to sell their house during these troubling times. Not to mention holding costs, repairs, commissions, and additional fees simply aren’t in many people’s budgets at the moment.

Are People Still Buying and Selling Homes in Philadelphia?

While COVID-19 has impacted the housing market, it doesn’t mean people have stopped buying or selling homes throughout Philadelphia. In fact, people may be more determined than ever to leave the major east coast city or realize that there’s no better time to act on their plans to downsize or move to a retirement community elsewhere. Perhaps the responsibilities of being a landlord or staying on top of repairs are too great, or you need the cash from another property. Job loss or transfer, foreseeable foreclosure, death of a loved one, and even inheriting a property one can’t afford to upkeep can all be pandemic-related reasons why people still need to sell their homes, regardless of the real estate market.

Whatever the reason, home sellers in Philadelphia have options when they need to sell, which means that pursuing traditional real estate channels may not be the ideal fit for their situation. 

Should I Wait to Sell My Philadelphia Home?

The pandemic has taken a toll on the economy, the real estate market, and our environment as we know it — but people still need to live their lives and experience milestones, such as selling their home. A direct sale to Sell Philadelphia Homes will eliminate the cost and hassles of trying to sell your house in this market; our team works diligently to make the home selling process as convenient as possible for you!

There’s no denying that things are being done differently these days, but as individuals adjust to the new normal, alternative solutions are being utilized. Prices are staying more or less the same, although demand is varied by area. However, for those who need to get rid of their unwanted property fast, working with a realtor and putting their home on the market may take too long, cost too much, and be an overall headache in this time of rampant uncertainty.

Can I Sell My Home Without a Realtor Nowadays?

You do not need an agent to sell your Philadelphia home. Instead of hiring one, showing your property, holding open houses, and arranging in-person meetings, many sellers are choosing to partner with a direct buyer to facilitate the selling process and avoid having many people come through their home. Additionally, it’s important to note that listing comes with a certain degree of uncertainty; you won’t know what you will be offered or when someone will actually buy the house. By selling your home as-is, you’ll get some much-needed peace of mind and be put on a fast-track to relocate, settle down, and embrace your new surroundings without your listing weighing you or your finances down.

Selling your home for cash is the fastest and most reliable way to sell your home — especially now. So, if you’re considering selling your home, have had a tough time selling because of the pandemic, or are trying to decide whether to sell now or wait a bit, it benefits you to explore your options, including working with us! All you have to do is fill out a short no-obligation form to get your fair cash offer.

Selling Your Philadelphia Home As-Is

As mandate regulations lift, more and more individuals are out there looking to buy and sell. Over a long enough timeline, markets will rebound to what they once were — in fact, some markets are hotter than ever! While many may feel stressed and discouraged because they don’t believe they will ever be able to sell their house in Philadelphia, selling to a direct buyer can work to ease the stress home sellers face. Sell Philadelphia Homes will pay you a great price for your property, closing as soon as possible.

The best part? We’ll buy your home as-is! Aside from the realtor and listing expenses that you’ll save on, you won’t need to worry about arranging repairs, inspections, or adding features to your home to restore or boost its property value; we’ll take the property as it stands. Sounds easy, right? That’s because it is!

For more information about how selling your Philadelphia home as-is works, or if you’re ready to get cash for your property, reach out to our team today!

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