(For Realtors) How is the Coronavirus affecting your business?

Question

👋 Hey, fellow realtors! Is the Coronavirus affecting your business at all? 🤔 I have had a listing cancel due to uncertainty. I have also had a few buyers hold off saying they want to wait and see what happens...

Catherine Emert · Answer

So far we haven't had anyone back out for express fears in buying or selling. I think we may have a few that will hold off until more is known though. We have taken a proactive approach and are doing meetings via Zoom, we also have a matterport scanner so we will be able to scan listings and homes that a buyer may want to purchase if they are afraid to tour it in person. We want to make sure everyone is comfortable.

We were just locked down yesterday on large gatherings here in Oregon, schools will be cancelled for the next 2 weeks. We have done our best, be we are also ready for a slow 6 months if that were to happen.

Aaron Morrow · Answer

Very smart thinking, Catherine! All agents should have been doing this...  Not all are wise :)

Catherine Emert · Answer

@Aaron Morrow we purchased the matterport last year and it's been an amazing asset to our company...now I think it will be ever more so!

I am trying to draft some information now for marketing (without the panic) to see if it helps people understand that we are here to help and we can hopefully keep going. Good news is that I am such a planner and have always built my company to withstand slow times so even if I have to slow down I am ready and prepared for it.

Aaron Morrow · Answer

Thank you for the feedback, Catherine! I love the matterport scanner idea! I do video walkthroughs for my buyers that are stuck at work or out of state (with seller permission) but it would be a great idea for me to borrow my office matterport scanner...

So far I have had 1 buyer and 1 seller hold off but houses are still flying off the shelves here...