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Housing Market Confidence

By Kris Matthews

Dear local community,

Over the past few weeks there has been so much change across the world resulting from COVID-19. We want to reassure you that when it comes to the property industry, we are taking every precaution we can to protect the safety of our community.

Our recent sales results should give all our community the confidence in the housing market, and the value of their most valuable asset.

We have welcomed the most recent changes announced by the Prime Minister affecting our industry as they are exactly what our group had proposed as being appropriate to help in flattening the curve.

As part of the Federal Government’s continued limitations regarding public gatherings on-site and in room auctions, along with open for inspections, will cease as of midnight Wednesday, 25 March 2020.

At this point, following government regulations, our team will be working from home rather than the office premises, which will remain closed until further notice. The good news is, we are still very much open for business and have been preparing for these restrictions. We are:

– fully staffed and working remotely;

– hosting virtual property tours;

– organising private inspections;

– able to have all documentation electronically signed;

– available for virtual meetings and appraisals; and

– commencing live, online/digital auctions.

We welcome the opportunity to continue to support the many Australians who rely on us to support them in renting, buying, selling and managing their homes – albeit in a different way from the usual. We are well prepared to do this.

Even up until the time of writing this letter, our market remains strong with healthy buyer demand and willing sellers. The mortgage industry has reported that there are billions of dollars in pre-approved loans. This should give all Australians hope that property will remain a safe haven during this difficult time.

If you have any concerns or questions at any time, please let me know. I, and the whole of the Ray White Toowong team, remain open for business.

Regards,

Kris Matthews – Selling Principal

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