Ali Ata Looks at Real Estate in 'The New Normal'

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 COVID-19 has greatly affected the economy and countless industries worldwide, causing business closures everywhere. While it has hindered many businesses from operating as usual, it also became an opportunity for industry players to become creative as they continue to work, according to veteran real estate professional Ali Ata.

Though it was reported that there was a significant drop in the performance of the housing market in 2021, things have started to pick up this year. Despite the continued threat of COVID-19, more and more people are venturing outside their homes to shop for properties to buy.

With the economy affecting lifestyles, many homeowners are either downsizing or looking for properties that will provide comfort and happiness for their growing families. However, as Ali Ata points out, one thing that has changed is how houses are shown to potential buyers.

Instead of the usual in-person visits, many homes are now being shown through videoconferencing apps such as Zoom, Teams, and Messenger. This technology allows real estate agents and brokers to conduct their business without fear of compromising their health, which is a huge part of the new normal.

At the same time, potential buyers can carefully study their options in the comfort and safety of their own homes. Even if they cannot visit the place in person, they can still properly evaluate each potential property remotely in a way that was not possible only a few years ago.

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As the economy slowly reopens, people in the housing market will look forward to increasing sales. Though the prices might not increase as much as have been seen over the last few years, Ali Ata notes that what is important is that the market continues to attract potential buyers who are looking for the best home for their wants and needs.

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