By Arthia Nixon
Nationwide… COVID19 has made summer 2020 a profitable season for Virginia realtor and consultant Kit Lockett, who is has reported more sales between July and September than she’s seen in nearly all of 2019.
Lockett, who is set to appear in ‘Home Sweet Home’, a Home and Gardens reality show noticed many first time buyers were making the leap to become first-time homeowners, and she noticed people with starter homes were looking for much larger homes.
“COVID19 has made this a very profitable season and it’s because families were forced to stay home and see the space they had is not ideal for them,” says Lockett. “I’ve noticed a lot of families who lived in a two-bedroom apartment, for instance, are now dealing with kids who have to be homeschooled and parents working remotely so it’s tight. They’re sharing maybe one bathroom and the kids are sharing a bedroom and it’s just not productive in the times in which we live so the demand is there for larger homes.”
Though based in Newport, Virginia, Lockett’s clients call her from California, Texas, and Georgia to seek her expertise which spans 15 years, on various markets and housing trends, and ask her to refer them to agents in areas they are buying. In the month of August 2020 alone, Lockett reported over $100,000 in revenue for home sales. Based on her client roster, she said she expects a lot more people to want to close and be in their homes by the holidays.
“I honestly, expected people to wait things out during the pandemic but they are ready to own,” said Lockett. “I am getting dozens of inquiries daily from first-time buyers and also buyers who want an extra bedroom or a basement so that they can convert the space into a playroom or an office or a classroom. We were seeing lots of downsizing but this new normal is certainly making families rethink when it comes to having those extra spaces so they are not stepping on each other.”
Kit Lockett is available for podcast, online and in studio interviews.
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