Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 3:08Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -3:08 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow will COVID-19 compare to other market downturns03:08TECHNOLOGY will separate the COVID-19 crisis from previous major events that impacted the real estate market. Ray White Surfers Paradise CEO Andrew Bell, who has weathered four recessions, including the recession with 18 per cent interest rates in the early 1990s, three stock market collapses, the nine-month national pilots’ strike and the global financial crisis is giving a new definition to the term “evolving to meet market conditions”. Home values set to weather coronavirus pandemic Ray White Surfers Paradise CEO Andrew Bell says his agency is always evolving to meet market conditions. Picture: Jerad Williams“It’s in times like these that businesses across the board need to think outside of the box in terms of how to engage with its customers, and that’s no different in the real estate industry,” Mr Bell said.“Given the events of recent weeks and the likelihood that self-isolation is going to increaseas a result of the coronavirus pandemic, we have been working very hard to improve our connectivity without necessarily having to meet face-to-face.“Implementing simple things like inspections via video link, or virtual tours, to providing more data and information to enable clients to make informed decisions, are all practical ways to adapt to the current business environment.” MORE NEWS: Backyard bungalows an ideal escape An aerial view of the Surfers Paradise skyline.More from news02:37Gold Coast real estate: Custodian CEO John Fitzgerald urges Australians to buy more property now16 Sep 202002:37How COVID has changed spring buyer wishlists5 Sep 2020Mr Bell said during previous major events his agency was forced to adapt to the climate. But now with so many technological advances, he said it was much easier to stay connected.“Today we benefit from having so many electronic tools at our fingers tips which make day-to-day operations and the ability to overcome these challenges much easier,” he said.“Through our experience working through various global and financial challenges, we are able to help concerned property owners and assist prospective buyers make the right decisions knowing that things will eventually pass and there are incredible opportunities when they do.“This was seen during the GFC when everybody thought the world was collapsing but eventually prices moderated, people kept coming to the Gold Coast and then the supply and demand equation kicked in to the extent that property prices in the last decade have almost doubled.