Trying to Buy, Sell Home? Coronavirus Crisis Making It Tough On Central, South Coasts
It’s been a strange, and difficult time for us. So, imagine what it's like if you are trying to buy, or sell a home. Tim Comstock is President of the Ventura County Coastal Association of Realtors, as well as a working Real Estate Agent. He says that if buyers or sellers can wait, they should.
In Ventura County, the current rules as a result of coronavirus require agents to sell homes online. Under certain circumstances, an agent can show a home. The owners can’t be there for the showing. It can only be a single agent on hand.
For the people viewing the house, there can be no more than two people from the same household.
Comstock says about 20% of the homes listed when the crisis started have been taken off the market, but some people still have to move ahead because of factors like a job move or a death in the family.
Comstock says despite the difficulties, some deals are still happening. He admits it isn't easy.
As for the future, what does the industry expect? Comstock says people will always need housing, but much will depend on whether people keep their jobs, so that they're in a position to buy in the first place.