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Why is the Real Estate Industry Considered Essential?

By
Real Estate Agent with Long and Foster Real Estate VA License # 0225089470

Why is the Real Estate Industry Considered Essential?

A couple days ago, Governor Ralph Northam gave orders for no-essential businesses to shut down as Virginians shelter in place to try and stop the spread of COVID-19.  Essential businesses that were allowed to remain open and working, with amended practices to allow for social distancing and sanitizing surfaces, were banks, grocery stores, pet stores, insurance companies and liquor stores.  Is real estate considered an essential business under the Governor's orders?  Yes. 

Many people in the real estate industry itself fail to realize how important our industry is, especially at times like this.  There are many buyers relocating to our state for jobs.  In fact, I have a listing  under contract right now with a buyer that is relocating to the area for a job.  Would it be fair, right or just to allow that buyer to default because the Governor shut down the real estate industry?  No.  Would it be fair, right or just for the Governor to stop sellers, already under contract, from continuning the sale of their homes?  No.  

The state recognizes that buying and selling a home is an essential part of its residents lives.  It is also essential to our local economies.  Home owners employ contractors, landscapers, buy appliances, furniture and so much more.  Halting the sale or rental of real estate would cause too many issues for the folks needing to move out or in.  People have to have a place to live.  

Real estate professionals are here and ready to help.  If you live in Bristow, Gainesville, Haymarket or the surrounding areas and have a need to buy or sell right now, give me a call.  No one matter what's happening in the market, we'll figure out a way to get your deal done.

 

Comments(4)

Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Chris Ann Cleland , they proclaimed our Washington state real estate industry essential, just because and if you are in the middle of the closing process. .

I wish you another Happy Wednesday

Mar 25, 2020 03:52 PM
Chris Ann Cleland

We've got listings coming up for folks relocating out of the area.  That's essential to get their homes sold as well.  And to be honest, this doesn't seem to have done much to affect demand in our area.

Mar 25, 2020 04:00 PM
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Interesting, Chris Ann. In California real estate is NOT considered an essential business. No property showing, no touring of properties, to open houses--nothing at all in person. That's been the way for the last two weeks; we'll see what changes the next few weeks will bring.

Mar 25, 2020 06:01 PM
Chris Ann Cleland

Our company has strongly suggested that we not do open houses and I agree.  But people need a place to live.

Mar 26, 2020 08:39 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Chris Ann, our Governor has deemed real estate to be essential also.  Good thing, I have a listing where the seller has fallen many times on the many stairs, and have a ranch home under contract.  They need to move before bones are broken.  Glad your listing will get sold too! 

Mar 26, 2020 07:25 AM
Chris Ann Cleland

The reasons to move are endless--medical, divorce, death, relocation, needing more space because your family got bigger, etc.  The state has no business, in my opinion, telling people WHEN they can list their home or buy another.

Mar 26, 2020 08:40 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Great post - I am still showing - cautiously! Had a closing yesterday - all the best to you

Mar 28, 2020 05:11 PM
Chris Ann Cleland

My buyer has decided to put her house hunt on hold for the time being.  Can't blame her.  When she's ready to get back out there, we'll do it....even if we have to wear latex gloves and surgical masks.

Mar 29, 2020 10:05 AM