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According to Tey Yong Qing, the pandemic caused many people to need bigger space. Real estate agents, brokers, and sellers had to change their strategies. The old method and old models were no longer working. Buyers' tastes have gradually changed.
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Money Chases Real Estate
The pandemic caused many people to need bigger space. Real estate agents, brokers, and sellers had to change their strategies. The old method and old models were no longer working. Buyers' tastes have gradually changed. They want enough space to play, work, rest, and entertain.
How Money Will Influence Estate According to Tey Yong Qing Real
Price Hike: There is an expected price increase in the sales of houses and properties. Tey Yong Qing speculates at least a 4% increase. Initially, prices were determined by those who built and developed the properties.
Interests: Interests on houses and properties determines if a buyer can afford them. If the interest rate is too high, a buyer may not be able to afford it. If the interest rate is reasonable, the buyer can afford it.
Sturdy Structures: Sellers who use developers that are not good have problems. The sellers are unable to sell their houses and properties. Buyers are now wise and can recognize a bad building. A poorly built building will have weak structures. Buildings with weak structures will show signs and might collapse.
Housing Space: The trend for small homes and spaces has reduced. Buyers want a comfortable and large space that will suit their needs. Many work from home and school from home after the pandemic. Therefore, they want to convert their homes into small office spaces and learning spaces.
Conclusin Tey Yong Qing advises sellers to use good developers if they want more sales in the future. Good funding attracts customers and generates good revenues.
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