The COVID-19 has impacted the real estate industry in a variety of ways. Although many buyers and sellers are deciding to put their real estate plans on hold this year, there are still many who want to get deals done this spring. Real estate agents have had to adjust their day-to-day operations from many traditional real estate practices to more technological solutions to fulfill the needs of clients. Agents are now heavily reliant on virtual showings as social distancing requirements continue to be enforced in many parts of the U.S. Also, closings have been modified in ways to promote everyone’s safety. Here are some best practices residential real estate agents can take to safely conduct closings during COVID-19.
Many Americans are hesitant to leave their homes because of the pandemic. Fortunately for home buyers, there are electronic closings that may be a feasible option for some buyers. Electric/online closings allow all parties involved to avoid in person interaction and sign papers from the comfort of their homes.
Before the COVID-19 pandemic began in the U.S, it was not uncommon for multiple attendees to come to closings. People sometimes like to bring their parents, children, etc. when they sign the papers for their new home. However, it is not in the best interest of everyone’s safety to limit the number only to the most essential persons.
To promote everyone’s safety, come prepared with disinfectants, hand sanitizers, wipes, and other cleaning supplies. Be sure to clean all surfaces before and after the closing. People will also appreciate you if you supply wipes and hand sanitizer upon arrival to the meeting.