Q: How Do You Buy & Sell During COVID-19?

Buying and selling homes during COVID-19 isn’t as hard as you’d think.

How in the world can you buy or sell a house during the COVID-19 pandemic? It’s actually not as hard as it might seem.

If the property is vacant you can often view it in person with your Realtor as you would normally. However, if the home isn’t vacant, things will go a bit differently.

For an occupied home, your Realtor will need to bring preventative measures like masks and gloves to protect you, the homeowners, and themselves. Have the Realtor be the one to open cupboards, drawers, and doors with a gloved hand.

Many Realtors have also implemented sign-in sheets; these can help with contact tracing—if someone involved with the transaction does come down with COVID-19, we’ll be able to contact others who might’ve been exposed.

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  It’s just safer to make sure that you, your Realtor, and the homeowner are being protected.

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One other, easy safety measure is to have only your Realtor go into the homes that you wish to view and have them do a virtual tour via FaceTime, Google Meet, or a similar app. Once you’ve selected a home to put an offer on, then you and your Realtor can go in for an in-person walk-through.

Since Oregon isn’t a hotbed of viral spread we’ll probably begin to relax our quarantine measures in the near future. For now, it’s just safer to make sure that you, your Realtor, and the homeowner are being protected.

If you have any questions about buying or selling amid the pandemic or concerning real estate in general, please reach out via phone or email. I would love to help you.

The Main Dilemma for Homebuyers and Sellers Right Now

Whether you choose to enter the market now or wait until later doesn’t matter as much as the question of how the current conditions can help you. Here’s what I mean.

A lot of buyers want to buy and a lot of sellers want to sell, but when is it going to happen? We’re navigating a delicate crisis with plenty of health and safety concerns involved. Many are unsure whether they should wait or whether they should list now. Either option will work, but it all depends on what the pros and cons mean for your specific situation. To learn more about them, watch this short video.

The State of the Market During the COVID-19 Pandemic

The nationwide stay-at-home ordinances have presented a challenge for all industries, including real estate. Here’s how we’ve adapted.

These are trying times, but rest assured that we’re all in this together. Since many are unsure about how the world can continue to function with everyone sheltering in place, today I thought I’d give you an update on how the market is doing during quarantine, as well as how we in real estate are adapting to the challenge. Many senior banks are allowing borrowers a forbearance on their mortgage payments if their income has been affected by the outbreak. However, there is a difference between forbearance and deferment, so be sure to speak with your lender about the differences and what they mean to you. To hear more, watch this short video.