How Do You Conduct Real Estate Transactions During Shelter-in-place?

Uncertainty is the operative word as we make our way through the uncharted territory of COVID-19. The impact of coronavirus has crept into every corner of our world. The real estate market is no exception. COVID-19 changes everything. Both lives and livelihoods are at stake. Mlslistings recognizes the critical role the business community plays in protecting employees, customers and the general public during the coronavirus outbreak. By suspending days on market accrual and disabling broker tours and in-person open houses, we stepped up to respond to this crisis. As a Silicon Valley company, we quickly deployed technology to enable our team to provide remote support to our subscribers. Our aim continues to be to support the local real estate community to maintain productivity as much as possible during these challenging times. The real estate market is still active. Sales are being made despite the shelter-in-place (SIP) mandate. The market presents unprecedented challenges but people still need to buy and sell houses. So how do you conduct real estate transactions during SIP? The answer hinges on your Realtor®, who is more important than ever before. You can still see what’s for sale in the greater Bay Area. Whether you are looking in San Mateo, Santa Clara, Monterey, Santa Cruz or San Benito counties, Mlslistings.com makes it easy to find listings. With virtual tours, 3D tours, and drone tours, you can conveniently look for a house or put yours on the market from the comfort of your living room. Has the pandemic widened your house-buying search to include more areas now that you are able to work from home? Can you consider a more affordable home, such as in Hollister where the median price hovers near $655,000? Are you selling and wondering if your home value has changed? Your Realtor® is the source for answers to all of these questions. In these uncertain times, it is vital to remain up-to-date on the local real estate landscape. Mlslistings Realtors® are fully informed during this critical juncture by utilizing Aculist Daily Market Stats. Mlslistings teams are working round the clock to keep Realtors® armed with the latest data. Aculist provides daily charts with key market stats updated every weekday. Data including sold homes, new listings, transactions fell through, and cancelled/withdrawn homes are summarized for all Mlslistings counties. COVID-19 makes access to Mlslistings data even more critical. Realtors® now need data at their fingertips beyond month-to-month and year-to-year. It’s what’s going on day-to-day and comparing the current SIP landscape to last year this time that is top-of-mind. Remember that your Realtor® is a guiding star. Armed with Mlslistings data, your Realtor® can be a wealth of information in a confusing and rapidly changing real estate marketplace.