Should I Take My Home Off The Market Because Of COVID-19?

By
Real Estate Agent with RE/MAX Elite 513.520.5305 www.LizTour.com SAL.2002007747

what should I do?You've heard the buzz.  COVID-19 is coming.  Or it's already here. 

It's going to be REALLY bad.  Or maybe it's overblown.

So maybe it's time for you to do some thinking.

Should you take your home off the market until this COVID-19 thing is over?

It's not a question I can directly answer for you, but I can give you a few things to consider to help you make a more informed decision.

First, as far as COVID-19, consult the CDC website for the latest facts. 

"Cap'n, I'm an engineer & real estate agent, not an epidimiologist!!!"

I know what I'm doing for myself and what changes I'm making to how I do business.

What YOU choose to do is up to you.

But there are some things you should consider before deciding if you should be letting strangers into your home that MIGHT be carrying COVID-19.

First, what is your personal risk?  Are you in one of the more vulnerable groups?

Do you HAVE to sell your home, or just WANT to?

How quickly should your home sell?

Are you willing to do some cleaning after every showing to sanitize things the buyer's agent and the buyers MAY have touched?

The answers to these questions should help you decide your motivation to proceed with selling your home, or deciding that "not right now" is the best response and a WITHDRAWAL from the market is appropriate.

The other part of the decision?  It may all be a moot point.  Your decision may be made FOR you.

Pennsylvania has decided real estate is a non-essential business.  No showings.  No sales.

Today New York followed suit.

Illinois has made it seller and brokerage choice.

California has restricted real estate activities.

And that's just a taste of what is going on.

For now, Ohio is allowing business as usual for real estate, but don't be surprised if we follow suit with some of the other states.

Stay tuned, this is obviously unusual times and circumstances.

Want to discuss further?  Just call Bill at 513-520-5305 or email Liz@LizSpear.com.

Serving Greater Cincinnati home buyers and sellers,

Bill & Liz aka BLiz

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Serving Warren County Ohio & Adjacent Areas

 

The Liz Spear Team of RE/MAX Elite
Elizabeth Spear, ABR, CRS, Ohio License SAL.2002007747

William (Bill) Spear, CRS, Ohio License SAL.2004011109  Kentucky 77938
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Bill Direct:  513-520-5305
Liz Direct: 513-265-3004     
Fax: 866-302-8418

MailTo:  Liz@LizSpear.com

Search Homes:  Https://WarrenCountyOhioRealEstate.com

Our Website:  www.LizTour.com

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Rainmaker
2,825,360
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

This is the question and everybody was probably wondering and doesn’t quite have the answer.

Mar 21, 2020 10:03 PM #1
Rainmaker
752,083
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Hi Liz and Bill Spear. Shall we shelter in place and "hunker down" or move on, yes a decision. City to rural area? This too shall pass. Jeff

Mar 21, 2020 10:16 PM #2
Rainmaker
3,486,414
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bill. If at all possible one should hunker down and be safe. That said, not all are in that position. Enjoy your day!

Mar 22, 2020 03:58 AM #3
Rainmaker
3,815,765
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Bill. This is a really good question. Given your governors position on the primaries I am surprised real estate has not been shut down.

Mar 22, 2020 05:27 AM #4
Rainmaker
3,550,502
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Liz and Bill - sellers and buyers are typically inquisitive with lots of questions.  These times likely fuel additional questions.  Although your predictive skills may be somewhat limited your local real estate advice as well as suggested questions for people thinking of a move are good ones to consider.  

Mar 22, 2020 06:18 AM #5
Ambassador
4,097,544
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi BLiz- things have been changing almost daily so each seller will have to make that decision on their own unless as in the case of the states you mentioned, it has been made for them. 

Mar 22, 2020 11:24 AM #6
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