How has your real estate business handled COVID-19?
How has your business been affected and what do the next 3-6 months look like for your business?
Top voted answer
My business income has dropped significantly in the last 2 weeks and will do so for about 2 months. I feel after that it will pick up and return to what it was.
We handle virtual staging and photograph editing for real estate firms, we noticed a drop in projects but this has turned around with growth in virtual staging projects. We'll be expanding our team as competitors who outsource all their projects seem to be facing difficulties.
Virtual staging sounds interesting @Gregory Vekar ! Is that for listings, or viewings?
Phil Khor, Founder at SavvySME
Hi Kavitha, Do you work primarily in the residential or commercial real estate market? And do you buy, sell, develop and/or manage properties for clients? Which of these services have attributed most to the drop in revenue for your business?