Brief but interesting article linked below on BNN by Pattie Lovett-Reid regarding how the coronavirus is changing the way Canadians are buying and selling real estate.
Some key points include:
- gone are most showings and open houses
- virtual tours are commonplace; in other words, digital showings and presentations of homes
- speculative buyers have virtually disappeared
- we could be in this transaction scenario for the rest of 2020 before traditional buying and selling practices maybe begin to reemerge in 2021.
See the full article by clicking this link How Covid-19 is changing the way Canadians buy and sell real estate