Cape Cod Real Estate Update
Hoping this finds you and yours well and comfortable.
If you need a break from the news and are curious about what is happening in Cape Cod real estate, it has been a surprising week:
- Had 1 showing at my unoccupied listing. (The buyers’ agent used the lock box.)
- Received a showing request that we did not do out of caution for the sellers of an occupied listing.
- Received 1 offer on a listing from a buyer who had seen my listing last week. The offer was extremely low so the deal did not come together.
- Received 1 offer on another listing from an agent (for himself) who never visited the house. The offer was ridiculously low. No deal.
- Had 3 successful closings without attending any of them.
- Sent a new listing to my buyers on March 23rd. They wondered when they would be able to see it, but 4 days later it had already gone under contract! Sixty properties went under contract on Cape Cod in the past 7 days.
- Signed a listing agreement for a new listing. It is unoccupied so will be easy to show using a lock box.
- Hired a photographer to start filming videos of the interiors of my listings.
As buyers show more caution, the number of showings has slowed significantly, but real estate activity has not stopped completely. With technology, we can continue to work relatively safely. See the graphic below for a summary of what we can and cannot do at this time.
I’m feeling very grateful that:
- My family, friends, and clients are staying healthy so far.
- We can safely exercise on Cape Cod beaches and in Nickerson State Park while following CDC guidelines.
- There are dedicated medical personnel and other workers on the front lines making sacrifices for all of us! Thank you!
Feel free to call or email with questions.
Above all, be well!