Important Strategies for Real Estate Developers in Covid 19

The impact of the Covid 19 virus on the real estate sector is very bad due to the nationwide lockdowns. The industry has lost a huge amount of money. However, many reputed builders who have executed high-quality projects like the Advitya homes in Faridabad have adopted smart strategies to deal with this situation. In this article, we will share with you some smart strategies adopted by many reputed builders to keep their business going and attract new buyers for their important projects like the Aagman Affordable Flats.

Advertise your project virtually

One of the best ways to deal with the Covid 19 situation in which you cannot go the whole hog to advertise your project is by going virtual. You can use a PowerPoint presentation to focus on the advantages of the property that you are selling. Furthermore, if you have certain upcoming properties, then you can advertise them virtually through photos and videos and explain in great detail the various aspect of that property.

Give your customers the latest information

You should use social media like Instagram, Facebook, and others to give the latest information about your project with the help of photos and videos. Social media advertisement gives you the flexibility to regularly provide updates on the progress of your real estate projects through videos/photos so that your target audience is aware of how the project is progressing.

You must keep multiple communication gateways open

When you are executing a major real estate project in the Covid times, then you must maintain effective communication with your customers. Regular communication with your customers will make them feel secure that their investment is alright and the project is going on smoothly and they don’t have to worry about getting their houses in time.

Automated solutions

You can automate your customer service by using chatbots that would answer frequently asked questions by your customers. However, if you’re customers need more information, then they should be able to call you directly. Using artificial intelligence along with chatbots helps you a lot as it completely makes the interaction automatic and your customers can seek information any time 24X7 and get solutions for their basic requirements.

Attractive offers

To get the attention of your target audience, you can offer your projects at great discounts so that the apartment you are selling becomes cheaper which would make them attractive to potential buyers.

These are just some of the strategies that you can undertake during the Covid 19 times to sell your property without much hassle.

Resource: https://www.storeboard.com/blogs/real-estate/important-strategies-for-real-estate-developers-in-covid-19-/5475207

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