Irvine listings STILL going pending amid COVID-19
- Thread starter aquabliss
- Start date
NEW -> Contingent Buyer Assistance Program
Wow, the realtor association sent out an email earlier this week highly recommending that open houses be cancelled and that agents promote virtual showings and limit showings to one buyer in the home at a time. There was no way I was going to do open houses on both of my active listings this week, my parents are in their late 60s (step dad in his 70s) so I'm not about to risk getting infected. Talk about tone deaf realtors.
Only reason that I can think of why is that the lower end of the market is still doing well (my Lake Forest condo has 6 offers now and I heard that the Montara phase release on Friday sold within hours).
Yes, this is me posting from my bunker. >
While my overall aggregate position is shorting, my bigger play is actually on exploiting the increased volatility with my option straddles.
I rarely agree with Morekaos, but this is indeed trader's dream and investor's nightmare.
I got a buyer into escrow on a resale listing on Monday and scheduled the home inspector for Friday. I was told to only open the door for him and no one is to be inside while he does his inspection other than me but we should remain at least 6 people apart at all times.
Agreed. 3200sft new homes in Irvine don't have 3CWG or as nice a floorplan. Who is the builder? They should make homes like these in Irvine.
usctrojancpa
Well-known member
aquabliss said:
Wow, the realtor association sent out an email earlier this week highly recommending that open houses be cancelled and that agents promote virtual showings and limit showings to one buyer in the home at a time. There was no way I was going to do open houses on both of my active listings this week, my parents are in their late 60s (step dad in his 70s) so I'm not about to risk getting infected. Talk about tone deaf realtors.
usctrojancpa
Well-known member
The realtor association sent out an email for all realtors to stop open houses and disabled the open house section on MLS, about time in my opinion.
usctrojancpa
Well-known member
peregrine said:
Only reason that I can think of why is that the lower end of the market is still doing well (my Lake Forest condo has 6 offers now and I heard that the Montara phase release on Friday sold within hours).
Dr. CA Real Estate
New member
Keep in mind these are recommendations and voluntary. You?ll have to find an inspector still working for example.
irvinehomeowner
Well-known member
Where is Kenkoko with his AI and robots that can do these inspections for us virus-free? 
Mety said:
Yes, this is me posting from my bunker. >
While my overall aggregate position is shorting, my bigger play is actually on exploiting the increased volatility with my option straddles.
I rarely agree with Morekaos, but this is indeed trader's dream and investor's nightmare.
usctrojancpa
Well-known member
aquabliss said:
I got a buyer into escrow on a resale listing on Monday and scheduled the home inspector for Friday. I was told to only open the door for him and no one is to be inside while he does his inspection other than me but we should remain at least 6 people apart at all times.
irvinehomeowner
Well-known member
Dang... how did I not think of the term ?buttcoin??
This round to you Kenkoko!!!
This round to you Kenkoko!!!
Dr. CA Real Estate
New member
Biggest obstacle atm are listing agents who take the CAR suggestions as gospel and are not taking any appoints to show their listings or steps to move property. Has my buyers aggravated to say the least.
So I'm from the Bay Area, Fremont - Alameda County, and our home was about to get listed last weekend w/ Open House when the Shelter In Place ordinance went into effect. Then LA/OC followed with something similar, and the Gov. issued a statewide Shelter in Place ordinance later in the week.
We ended up not listing and canceled our Open House. And I'm hearing a lot of buyers backed out of their offers due to the uncertainty. That said, seems like the county has closed shop w/ no recordings taking place and our realtor is not doing private showings and recommended we hold off indefinitely. I brought up what I'm reading here about private showings and deals still going on in Irvine, and he was not open to the idea due to potential infections and health risks.
I'm hoping the social distancing, increased avail. of testing, and shelter in place measures make a good impact and we can see our economy and housing market steadily open back up in April.
Below is our realtor's ad for our home:
http://www.33515mavericklp.com/
We ended up not listing and canceled our Open House. And I'm hearing a lot of buyers backed out of their offers due to the uncertainty. That said, seems like the county has closed shop w/ no recordings taking place and our realtor is not doing private showings and recommended we hold off indefinitely. I brought up what I'm reading here about private showings and deals still going on in Irvine, and he was not open to the idea due to potential infections and health risks.
I'm hoping the social distancing, increased avail. of testing, and shelter in place measures make a good impact and we can see our economy and housing market steadily open back up in April.
Below is our realtor's ad for our home:
http://www.33515mavericklp.com/
irvinehomeowner
Well-known member
Mety said:
Agreed. 3200sft new homes in Irvine don't have 3CWG or as nice a floorplan. Who is the builder? They should make homes like these in Irvine.