Coronavirus - Seller FAQ
Coronavirus - Seller FAQ
At Austrump Hosting, our priority is supporting our clients and the community throughout this challenging time.To help you understand the current scenario and stay informed property related decisions, here is a series of frequently asked questions for your reference.
What does stage 4 restrictions mean for real estate?
While our office premises are closed, we are able to hold Private Inspections for your property and visit your home to conduct a property appraisal.
What are the private inspection guidelines?
-Only one attendee is permitted at each Private Inspection (attendees may be accompanied by 1 other person from an existing household, an intimate partner or children under 18 years old)
-Attendees must wear an appropriate face covering (face mask) for the entire duration of the inspection
-Buyers and Tenants can travel outside their 5km radius to attend a Private Inspection (excluding properties located in regional Victoria)
-Buyers and Tenants can leave their home for a maximum of two hours to attend a pre-arranged private inspection of a property
-Standard social distancing and hygiene requirements remain
-All inspection attendees will be recorded for contact tracing purposes
-Written confirmation of the appointment will be sent from the agent to the attendee prior to the inspection
Can I still sell in stage 4 restrictions?
Yes, you can still sell your property during stage 4 restrictions. At Austrump Hosting we are well prepared to sell your property, we can show buyers through your property privately with safety measures in place and can seamlessly facilitate property transactions.We can also visit your home and offer you an opinion of value and discuss the best strategy to bring your property to market.
We encourage you to reach out to us to discuss your individual circumstances so that we can prepare a selling strategy that aims to get you the best result for your property.
Can I still get my property appraised in Stage 4?
Yes, under the current restrictions you can have a sales agent come to your home to offer an opinion of value. We would welcome the opportunity to talk about how we can best take your property to market. You can contact us to obtain an appraisal.
Are there buyers still in market?
Yes, buyer demand is in fact very high at this point in time, we have many buyers who are keen to book in Private Inspections as soon as possible. We anticipate this level of demand will stay strong throughout the remained of the year and beyond.
How has Coronavirus impacted the state of the market?
We are still seeing a significant volume of buyer activity in the market and have facilitated many transactions over the past few months.
We have adapted how we do business and we are still receiving a lot of enquiry and have many buyers who are keen to book in Private Inspections which is evidence to indicate that the market is still very much active.
We have seen how resilient the property market has been of recent times with pricing relatively stable and buyer enquiry still high.
Are properties still selling?
Yes, properties are still selling. In fact, during this period we have seen the average campaign duration reduce from the traditional length of 4 weeks down to even as low as two-three weeks.
We anticipate property sales to increase further now that we are able to hold Private Inspections and introduce our pool of eager buyers to our latest listings.
What should I do if I want to sell my property during this time?
We are very well positioned to assist you in selling your home in the current market and have adapted the way we do business in order to continue to seamlessly facilitate property transactions. We can once again hold Private Inspections and have many buyers who are keen to view our latest listings. Contact us to discuss a selling strategy that will get you the best possible result for your property.
How is paperwork signed remotely?
We already use digital contracts to facilitate sales in a seamless manner and will continue to do so throughout this time.
What about other real estate services?
All other real estate services are now back up and running. Services such as photographers, stylists, videographers, and signboards are now able to support in bringing your property to market in the best way possible.
At Austrump Hosting we are here to support you and provide guidance through these times. If we can assist you with any of your property needs, please do not hesitate to get in touch.