The Northern Virginia market started off hot from right after New Years Day. With historically low interest rates, the market in January and February was aptly described as “tight inventory has continued to coincide with higher sales price to original list prices and fewer days on market” (source).
In March, as people started staying home, and schools and businesses closed, the real estate industry immediately started adapting so that we could continue to help people with the essential need of housing while keeping everyone safe.
Buyers: we can do everything remotely other than settlement: most mortgage lenders require wet signatures with in-person notarization (but settlement has been changed to maintain social distancing and limit exposure as much as possible). Most buyers (if not all!) would like to see a home in person prior to submitting an offer, and we can do that, too.
Process Overview:
- Virtual Buying Consultation
- Personalized Online Home Search Portal
- Recommendations for Lenders Who Can Work Virtually
- Video Home Tours, Virtual Open Houses, 3D Home Tours
- In-Person Home Showings with Safety Precautions
- Mobile Deposit of Earnest Money Deposit
- Virtual Home Inspections (home inspector goes to house, communicates results to you)
- Virtual Final Walk-Through
- Settlements with Limited Contact (Options Include Drive-By Closings Where Buyers Never Leave Their Car)
Sellers: we can do many tasks remotely, limiting your need to meet others in-person, and limiting the number of people who access your home.
Process Overview:
- Virtual Listing Consultation
- Professional Photography, 3D Virtual Matterport House Tour so Buyers Can See House Virtually
- Virtual Showings & Open Houses, Allowing Virtual “Visits”
- Limit In-Person Showings to Pre-Qualified Serious Buyers with Safety Precautions
- Virtual Home Inspections (only home inspector & agent in house)
- Virtual Final Walk-Through (only agent in house)
- Settlements with Limited Contact (Options Include Drive-By Closings Where Buyers Never Leave Their Car)
Everyone in real estate is working hard to facilitate the essential task of buying and selling real estate while keeping all involved safe.
Reach out to learn more, or to start the process of buying or selling your home.
