Coronavirus Tips – How To Protect Your Home And Yourself During A Real Estate Transaction

Audible stories made possible by the Prescott Hearing Center. Get your FREE hearing test today!

As we all wade through the uncharted waters that the arrival of Covid-19 has thrust us into, those of us who work in residential real estate are scrambling to find ways to continue to conduct business, safely and sanely. With the arrival of spring, Sellers who waited for warmer weather are (still) ready to list, and Buyers who have waited for an uptick in inventory are (still) ready to start house hunting. However, the days of being comfortable with allowing strangers to enter and tour a home for sale – opening cabinets, turning on lights, touching doorknobs – are now over (hopefully temporarily). So what are Sellers, Buyers, and agents to do during this crisis?

Fortunately, real estate agents are backed by associations that are quick to provide recommended guidelines and legal resources in times of extreme circumstances. We immediately availed ourselves of their assistance and advice, and have adopted three major changes in the way we conduct business:

  1. A TEMPORARY STOP TO TRADITIONAL OPEN HOUSES:

    Both the National Association of REALTORS® (NAR) and our local Prescott Area Association of REALTORS® (PAAR), have strongly discouraged members from continuing to hold traditional Open House events. In fact, PAAR has disabled the ability to advertise such events through the MLS. Instead, agents are being encouraged to find creative alternatives, including virtual Open House events, video tours, etc. Since we are known for hosting Open House events that regularly attract a large crowd, we are reluctantly, but safely, exploring virtual soirees, for the time being, as are most of our colleagues.

  2. THE USE OF A NEW ARIZONA CONTRACT ADDENDUM:

    The Arizona Association of REALTORS® anticipated that the COVID-19 virus will impact real estate transactions in unprecedented ways, including, but not limited to, travel restrictions, quarantines, and the cessation or limitation of business and governmental operations. As a result, it may prove impossible or impractical for a party to timely complete their contractual obligations. To assist buyers and sellers experiencing such events, the Arizona Association just released a Coronavirus/COVID-19 Addendum. The parties in a real estate transaction are encouraged to use this form to amend the Purchase Contract to account for these unanticipated occurrences.

  3. ADHERENCE TO STRICT SANITATION PROTOCOLS WHEN SHOWING HOMES:

    The graphic below provides an overview of steps we are now taking to safeguard the homes and health of our Sellers, and to protect the health of our Buyers. We take these precautions very seriously – following these recommendations to the letter – and mandating that our clients do the same:

Housing is an essential need, and so we, as realtors, will continue to conduct business. However, it’s imperative that we all work together to keep each other safe. If your real estate agent is not willing to take the extra steps necessary to protect you, your family, and your home, we encourage you to find another agent who is.

Questions? Please ask in the comments below, and we’ll do our best to find the answers! ~ Gwen and Elena, LUXE Real Estate Group – Luxury Prescott

If you like this story, consider subscribing to Signals Updates, Entertainment Events & News!

2 responses to “Coronavirus Tips – How To Protect Your Home And Yourself During A Real Estate Transaction”

  1. Dana says:

    I am a renter and my 72 yr. old mother, who lives with me, had her knee replaced 6 wks ago and is still recuperating. Plus, I have a 4 yr. old and a 9 yr. old. What am I able to require of the landlady when she brings people in to show the house?
    My lease is up middle of May.

    • Gwen Holloway and Elena Sanwick says:

      Oh my, Dana. It sounds like you’ve got your hands full – even without the added stress of the Coronavirus. Under normal circumstances, your landlady is required to give you a 48-hour notice before she shows the house. I would encourage you to talk to her to share your health concerns about strangers coming into your living space, and ask if there is another solution, such as a video walk through. Having a video would at least cut down on the number of people who would require a personal tour. If there are potential renters who do want to tour the home in person, I would very nicely ask the landlady to consider waiting until after you have vacated, or, at the very least, require masks and gloves for all people entering the home while you are still living there. Hopefully she will work with you – best of luck to you and your family. If there’s anything I can do to assist you, please let me know. ~ Gwen Holloway, LUXE Real Estate Group

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.