Buying a home during Covid
So you planned for years to purchase a new home in 2020. Then this crazy global pandemic hits. Not to worry the real estate market is conducting business as usual…Well maybe not “as usual” but we are conducting business. Real estate transactions are considered to be essential businesses in the eyes of the state of Colorado. As of the date of 12-8-20 at 9:35 MST all the facts I am going to write in this post are accurate to the best of our knowledge. The reason I mentioned that is because in Colorado our guidances seem to change on almost a daily bases. It is difficult to keep up at times.
What has changed about looking at homes in the Covid age?
One thing I like to tell my clients is I will preview the home for them. Live on Zoom or prerecorded if internet at the property is spotty. That is the first thing to cut down on traffic. Making sure the property will suit their needs. Window shopping is pretty much a thing of the past. A lot of sellers and listing agents are now requiring to show proof of funds prior to even setting up an appointment. We are also not allowed to have over lapping showings and no one is allowed in the home if they are not part of the buy/sell contract. The agents are also required to make you mask up and wear gloves. This is not because the agent is mean it is because if the real estate agent doesn’t they can lose their license.
Is real estate and real estate transactions an essential business?
Absolutely, positively 100% YES! Although real estate is an essential business they have placed a lot of restrictions on us. Make sure you choose real estate agent familiar and up to date on covid guidance for the real estate industry. One thing that people don’t think about is the fact that two private parties are under contract. Those parties have contractual obligations. The government is not allowed to interfere with a legal contract being executed by 2 competent parties. That includes all the people involved in executing the contract as well. Such as home inspectors and appraisers.
What will closing look like?
Closing is a little different. Since in Colorado most offices need to run at 10% of occupancy, most title companies are requesting either mail away closes or drive up closings. Yes drive up closings are just like they sound. You sit in your car and the closing agent does your closing for you. Remember every county is different. Some counties are more strict than others. Most of Colorado is under pretty similar orders.
Please be patient with your real estate agent…
Just like every business and industry on the planet, real estate agents and companies have had to re think their entire business model and make adjustments over night and on the fly. Your agent is doing their best (some of us do better than others though) to keep the public safe and to continue to conduct business. People need to buy and sell properties even during a pandemic.
We have the best listing agents. We can list any home in Colorado. We specialize in luxury homes and horse properties but will work at any price point. We treat all clients the same. You get luxury service for any priced home. We sell your home fast and for the right price.
Our team of buyer agents for helping you find a home know the area. They are very experienced and know how to negotiate the best price for you based on the real estate market conditions. Sign up on our website for real time property alerts.
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Why Use Orson Hill Realty When Buying Your Home
Orson Hill Realty is not only a different kind of real estate company for home buyers but our OHR agents and brokers are different kind of Realtors. Unlike many real estate agencies, Orson Hill employs only Realtors and ones that have a good track record, not only with clients but with their piers as well. We don’t take just any agents or brokers. We only take the best. We are not a company that strives to have the most agents but we strive to have the best agents and brokers. We could certainly pick up every new broker and real estate agent off the steps of the local real estate school but we don’t think that is best for our clients. We would rather be a small real estate agency with the best agents and brokers as opposed to the biggest agency with bad or mediocre agents. I would think you would agree on this when buying your home. Some brokerage firms will boast about the number of agents in their brokerage. Honestly that has never made sense to me. Just because you have the most, it does’t mean your the best. It just means you spend a lot of time requiting agents and honestly that doesn’t mean much to your clients. Only the employing broker truly benefits from a lot of agents in the office.
Home buyers are usually new to the area and need as many resources as possible. From local schools to where to go on date night on a Saturday night. Orson Hill Realty will give you that personal experience and support you need to set up in your new neighborhood. Our agents and brokers understand that you are probably making the biggest investment of your life when buying a home. Our agents will get you all the info you will need for schools, setting up your utilities and internet. Our agents will help you remember things you might have forgotten to set up or transfer. All of our agents are skilled in septic and well and high end luxury property sales and purchase ends of the deals.
It is more important now that ever with this crazy market to have your own buyer agent and someone advocating on your behalf. Sellers are putting their homes up at high prices to test the market. They know it is a seller’s market right now. You need a professional real estate agent that knows the area and knows how to price a home. You need someone that can negotiate on your behalf to get you the best price and make sure you don’t move into your new home with negative equity. It is easy to get caught up in the fast pace market and make a huge mistake and buy something with emotion instead of thinking it through.
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