Is the COVID-19 Crisis Affecting Real Estate Sales?

Is the COVID-19 crisis affecting real estate sales? Yes and no, says Joel Schemmel of Premier Sotheby’s International Realty. Schemmel spoke to us Wednesday shortly after getting a direct call from a buyer who is making an offer on one of the realtor’s $4 million listings.

“It’s been more positive than I expected,” he told us. “I even had a couple of out-of-market buyers who asked me, ‘This is the time to buy, isn’t it, because some sellers are much more motivated?’”

Read more of what Joel had to say at Sarasota Magazine.