During the coronavirus crisis, some real estate brokers and agents continue to do business using virtual tours, photos, video conference, phone, and email.
While this list does not sound like anything new, the one difference is the brokers and agents inability to actual show a house in person. However, some home buyers are putting in offers based on the virtual tours, according the feedback that we have gotten from a number of real estate brokers.
As to handling home inspections, there are inspectors that are willing to inspect houses, with most inspectors taking extra precaution by wearing gloves, face masks, and being careful about what they touch.
New rules have been implemented that allows for electronic signatures and virtual closings.
A number of real estate brokers and agents expect there will be lots of demand once the coronavirus crisis is over.