Impact on YYC Real Estate

Open Houses are resuming

​Back in March, Open Houses were not recommended and suspended in an effort to protect everyone from spreading this virus. As Alberta continues to slowly reopen, open houses in vacant properties will resume all while continuing to adhere to all public health measures put in place by Alberta Health. While the virtual open house will continue to be part of the new normal, as many Realtors have adopted this method for their listings in recent months, the option to attend an Open House provides the potential buyer another more in depth opportunity to view the property.  Real Estate has continued throughout this pandemic and showings have continued and the risk is still there but our ability to manage the risk has increased significantly and attending an open house for a property you're interested in is relatively safe as we all know what is necessary to prevent the spread.  

Check out this Virtual Open House

A different market

Real Estate, considered an essential service in Alberta continued to operate throughout all of this and people working in the industry such as home inspectors and photographers have continued to operate provided they feel their health and safety was not at risk.  The spring market that never really came to fruition is now starting to show signs of perking up however this being an unprecedented time, there's no way to know or measure how the next few months will be.  We continue to advise our clients accordingly and address each one with a unique approach as every situation is different.  For more information about listing your property, send me an, I'd be happy to discuss your specific property in more detail.

Showings will go on

It is important to know that showings can continue to take place provided all precautionary measures are taken. If you have experienced any symptoms or have been mandated to self isolate, please do not open your home to unknowing strangers, there are other ways to show your property.  It is also important to note that some properties are vacant and do not have people living in them 24/7 therefore try to limit your showings to these types of listings and opt for a virtual tour of homes where people may still be living in.  Real estate agents and homeowners will be happy to find a way to show their homes without putting anyone at risk.