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Praful Thakkar, Metro Boston Homes For Sale (LAER Realty Partners)

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Rainmaker
1,201,477
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Some are freaked out, Some are...ok and others are really angry about the whole state of affairs. I am distressed at the level of panic and the hoarding of supplies.

Mar 17, 2020 08:35 AM
Rainmaker
2,399,936
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I'm no longer in that situation Praful Thakkar but I'm still in the public service business and so far it has not affected my business.

Mar 16, 2020 05:47 PM
Rainmaker
1,553,325
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Most remain motivated to continue. I'm showing property 3-5 days per week and taking a new listing tomorrow.

Those with financial concerns over how their business or job has been affected (and a few have in my client roster) have hit pause.

San Diegans seem to be taking it one day at a time except when it comes to toilet paper, meat, canned foods and bottled water. I wish the healthy would leave enough for the quarantined. But, my usual stores are civil, 80% stocked and lines not too bad.

 

Hope you are well my friend. Buffini & Company has cancelled upcomming events, not sure about Peak yet.

Mar 16, 2020 04:55 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Clients are not so eager to chat about COVID-19. But, they are keenly interested in SOLUTIONS that apply to their real estate situation.

Conversation shouild be "This is what we will do" not 'What do you think about this."

How one demonstrates the viewing and showing of houses in a safe way tends to remove their 'safety' fear. Now, we all know a second issue of great importance is 'the assurance of closing.'  There are way to many unknowns and those who will suffer collateral harm to give such assurance.

And lastly the question none of us can answer is 'How will we know it's over?  Infection rate blimps down or remains steady?  Vaccine available? Everyone  tests to show they have developed antibodies naturally? How long will this go on? 

That is the chorus in every ones mind.  Long-lived uncertainty has catastrophic economic outcomes. Clearly Bank of America is not the only thing that can cause world wide economic disruption.

Mar 17, 2020 07:42 AM
Rainmaker
853,012
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

I have one seller putting showings on hold for a couple of weeks; one requested showing declined because they were doint the same.  Meanwhile, my colleague hosted a successful open house for me at a property that had no showings but a houseful at the open event this past Sunday.  Go figure! Came to terms on two properties since late last week and have 3 sellers prepping in anticipation of hitting the market.  The conversations are being had and I take their lead to make them feel comfortable:  if they need to put things on hold for a bit, I get it and we do. 

Mar 17, 2020 05:44 AM
Rainmaker
1,206,261
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

I have a deal where the buyer declined to close early and mentioned he might not close on time and was wondering his options.

Mar 17, 2020 05:04 AM
Ambassador
6,417,434
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Time will tell, most believed what trump said last week up until a few days ago, so most things are still moving forward.

As things shut down, we will make adjustments.

Mar 17, 2020 03:33 AM
Rainmaker
2,784,566
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Seller says to me: I can move or vacation from this once my house is sold

Mar 16, 2020 07:07 PM
Ambassador
3,383,384
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Just has a seller request the list of agents that showed her home before it went under contract.  Also found, with that seller, that the need to wait a day or two for multiple offers was not important.  One offer they could deal with  that stopped showings was what made them happy.

Mar 16, 2020 06:35 PM
Rainmaker
808,279
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

None of my clients have voiced any concerns as of yet.

Mar 16, 2020 06:19 PM
Ambassador
3,138,800
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Several potential buyers are coming into town next month. No concerns at this point and if there are/were, I'd use facts rather than the hype the MSM is selling!

Mar 17, 2020 07:44 AM
Rainer
231,948
Eva B. Liland Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service 661-714-1643

Saying "This too will pass" to a seller doesn't make them feel better. They want to sell NOW, not later. As far as buyers go, I hardly get any leads from Zillow etc. these days. Hunkering down...

Mar 17, 2020 07:10 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I am seeing a mix from thse scred to death, to those who have zero cares to those who have lots of questions, but are ready to move forward after speaking with me

Mar 17, 2020 05:42 AM
Rainmaker
1,506,013
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

No issues with my clients.  Association has gone virtual for meetings, which I prefer and would like to see that stay for many of the meetings after the virus has passed.

Mar 16, 2020 09:28 PM
Ambassador
5,060,544
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Have a new listing hitting tomorrow and seller is pretty concerned. Have been showing some properties in what remains a very competitive market with some homes going pending in a day or two with multiple offers.

Mar 16, 2020 08:55 PM
Rainer
6,532
Janelle Williams
WDA agency - Sydney, AU
Digital Marketing for Real Estate

Interesting question, I'm based in Sydney, Australia and this is my personal experience for a property we were looking at buying. We attended the auction on Saturday - no bids and was passed in as a registered bidder was included in negotiations and after some backwards and forwards with the vendor through an agent we went up to our maximum price and the vendor wanted another $250k on Saturday night, so negotiations stalled.  Today (Tuesday) vendor is open to our offer. I believe 2 weeks ago they would have got somewhere around the $250 - $400k more. It is having an immediate effect.
Also, our business which is a serves the real estate industry is already feeling the effects, we have over 200 staff in the Philippines who are all working from home as of Manila being in lock-down as of Sunday night and our Sydney office is only partly staffed - everyone else working from home. Numbers are down we are making plans for the future - its very concerning.

Mar 16, 2020 08:07 PM
Rainer
3,269
Cardia Marlina
AdRealty us - Fresno, CA

No Response Due to Corona

Mar 19, 2020 05:04 AM
Rainmaker
679,235
John Slocum
Premiere Property Group, LLC - Vancouver Washington - Vancouver, WA
Broker, SFR - Vancouver WA Real Estate

Much more Angst is evident.

One buyer was able to Sign Closing paperwork using DocuSign.

One of our Closing agents requires customers to keep the signing pen or throw it away (it was thrown away).

My Land buyer is ready to look, buy and Get Out of Town!!!

Mar 18, 2020 09:47 AM
Rainer
131,157
Steve Penner
Royal LePage Dynamic RE / Pro Ledger Bookkeeping Software - Winnipeg, MB
REALTOR® / Pro Ledger Online (owner)

significant slow down in buyer traffic.. especially these past 3 or 4 days... the sellers are hanging in and fully understand this may delay and slow showings down significantly and have been very understanding.  No change to any deals in process. We are all in new territory... have to see how it plays out.  Buyers are enjoying the rate cuts.

Mar 17, 2020 12:36 PM
Rainmaker
7,863,184
Roy Kelley
Retired - Gaithersburg, MD

No clients, no reactions.

Many are in the social distancing mode. 

Mar 17, 2020 10:41 AM
Rainmaker
2,245,675
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

We don't talk about it all the time and have our own precautions in place. People still need to buy and sell. And in some cases, farms, land are even more in demand as folks make life decisions that always always involve real estate. That's where you and I come in. How about those low to the ground interest rates huh?

Mar 17, 2020 09:10 AM
Ambassador
3,349,404
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I am hunkered down and a Shelter In Place Order was issued last night effective 12:01 am today (3-17-2020).

 

Mar 17, 2020 08:44 AM