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?’”