Before we start talking about the change that COVID-19 brought to our everyday lives and how real estate industry representatives may keep up with it, let me explain what the new normal stands for. The new normal is a current situation that is different from what was in the past but tends to become usual for today’s world. Masks, sanitizers, social distancing, and everything that we did not use or do in the past but use and do now, is part of a new normal. But the question is, how can a real estate business take advantage of the new normal?
In this blog, I will explore the benefits of the new normal in the real estate business.
Real Estate Business Representatives Save More Time
“Stay home, stay safe” was one of the most repeated phrases of 2020. Those who could work from home moved online. Remote work changed office work. This saved a lot of time. Real estate professionals don’t need to waste time in cars going to the office anymore. This saved at least one hour of the day, in some cases. In addition, real estate agents spend less time viewing properties. As everything is remote, they can remotely show the houses to their clients and only present the particular properties that are most likely to be sold.
Real Estate Professionals Save More Money
It was already mentioned that offices are rarely needed nowadays, as the working environment changed to remote mode. This has helped real estate representatives save tons of money as the average cost for office space by the square foot in the U.S. is between $8 and $23.
More Time for Education
Of course, education is not an exception. More and more people started taking online courses and their quality became better step-by-step. Likewise, it became possible to take even a university degree online. This gave a huge possibility not only to real estate agents and brokers but also to professionals from other fields.
Better Health Practices
Because we got used to sanitizers, masks, and social distancing, we prevented not only the transmission of COVID-19 but also the flu, common cold, and others.
Real Estate Representatives Can Find and Attract Talent from Different Countries
Because of the new normal and the changes that were made in the working environment, real estate agents and brokers can attract more talented professionals from different countries who will work remotely. Maybe they can’t help you in viewing the property, but they can definitely help in marketing, blogging, developing your social media, or building your website. Take into account that there are many talented people around the world who will help you grow your business.
I hope I was able to show the bright sides of the post-coronavirus normal that is emerging. Everything has its good sides and drawbacks, but how we view things only depends on us. Personally, I prefer to see advantages in every situation and of course the new normal is not an exception. I believe this blog will help you to see things positively.
If you want to know more about how to be productive during the COVID-19 pandemic, see the blog.