A: Since real estate activity resumed three months ago, post-quarantine, the market has steadily improved in Queens. There is still very brisk activity, and there are quite a number of properties being sold.
The market is still in recovery, and prices are holding steady. I would suggest speaking to a real estate professional to discuss the current market for your home. In addition, as I always recommend, obtain a comparative market analysis to determine the right price.
Bear in mind, however, that market conditions can shift rapidly with the upcoming election.
Q: Are virtual tours taking the place of in-person showings?
A: More and more buyers are asking for virtual tours initially. Speak to your real estate agent about creating a virtual tour for your home.
Ultimately, buyers use these tours as a pre-visit viewing to help determine their interest. However, generally they would want to visit the actual property before making a decision to buy.
In-person showings are allowed now, with all proper health and safety precautions in place for sellers and buyers.
Please send your real estate-related questions to jambron@bhsusa.com.