REALTOR Survey: 19% “Very Prepared” for Second Wave of COVID-19, 39% “Somewhat Prepared”

Nineteen percent of REALTORS® say they’re “very prepared” for a second wave of COVID-19 cases, and 39% say they’re “somewhat prepared,” according to the National Association of REALTORS®’ Market Recovery Survey, which is based on responses from about 2,300 members. Of those who believe there might be a second wave, 30% say they feel more prepared because they have a better idea of what to expect. Twenty-seven percent of REALTORS® say they’re concerned enough about the ongoing threat of the coronavirus that they have shifted their business practices to better prepare.

The survey also found that real estate pros are increasingly turning to technology to help them better serve customers, most notably these tools:

• Zoom or other video technology to communicate with clients: 67%
• Virtual tours: 66%
• Live virtual tours (conducted by agent using video): 63%
• Virtual open houses: 60%