With our society spending much more time at home, it's no wonder space is at a premium these days. In fact, in a recent survey of home shoppers, buyers' most-wanted home feature in the age of COVID-19 was more space. Realtor.com looked at the median list price per square foot in the top 100 metros to find out the ones that offer the most beds and baths for the buck. Can you guess where Pittsburgh came in at?
The 'Burgh was second on the list, with the median list price for a home coming in at $247,450, and the median price per square foot being $65. The number one city on the list was Youngstown, OH, and the city just below Pittsburgh was Wichita, KS. For a full rundown of all the cities that give you the most space for your money, check out the full article here.
The landscape of the real estate industry is changing drastically with each day that passes during the COVID-19 pandemic. We are sharing the latest news, updates, information, and resources available for real estate professionals as well as sellers and potential buyers.
For Real Estate Professionals
Real Estate License Renewal and CE Requirements Extended
"License renewal and continuing education requirements for real estate brokers and salespersons have been delayed 90 days, according to the Pennsylvania Department of State’s Bureau of Professional and Occupational Affairs.
The bureau announced the delay today as a result of the coronavirus pandemic. Renewals and continuing education requirements will now be required by Saturday, Aug. 29, 2020."
PAR Officers: Follow Governor's Order
“'During this crisis, the governor’s order is clear that Realtors® can only do business if they can conduct it from their home. That means you shouldn’t be leaving your house to do any type of business activities. You can, however, contact clients via telephone or electronically. You could still take listings and offers, but you can’t go through a house –even if it’s vacant– to take photos or a video,' said PAR President William Festa."
Governor Authorizes Temporary Use of Remote Online Notarization
"A temporary notarial rule suspension to allow for remote online notarization of documents in a limited category of real estate transactions was approved by Gov. Tom Wolf this week."
Open House Guidance During COVID-19
"First, members should consult with their brokers, and consider how federal, state and local authorities' recommendations and actions, such as “shelter in place” mandates, impact the advisability, and even permissibility of open houses."
For Buyers and Sellers
Recession Alert: What Home Buyers, Sellers Need to Know About the Housing Market
"While it doesn't look like it will be business as usual anytime soon, home prices aren't expected to fall off a cliff and low mortgage rates may help buoy home sales. At least that's what experts are saying this week. But this is a fast-moving, unprecedented crisis, and no one knows yet how it will all play out."
Coronavirus: Resources for Property Owners
"The following resources provide property owners with assistance during the COVID-19 crisis."
Should You Buy a House During the Coronavirus Pandemic?
"While low interest rates seem like a sure-fire reason to pull the trigger on a big purchase, there are plenty of factors to consider before you take the housing plunge."
Resources For Everyone
It seems that most of the workforce is at home amid the COVID-19 pandemic. While it may not be optimal to be working remotely, there are plenty of tips you can implement to successfully telecommute, engage with clients, and further your career. Below are our seven tips for working from home during COVID-19.
1. Have A Dedicated Workspace
It can be tough to find a spot of your own in your home if you don't have a home office, but making a place that is set aside for working will make a huge difference in your productivity levels. Having your own work spot can help to get you focused when you continually work in that spot. It also helps create a divide between work and home life.
2. Log Out Of Social Media
Unless using social media is required for a specific task, consider logging out of all social media accounts and remove them from your browser shortcuts. Without the distraction of social media, you're more likely to be productive, less distracted, and finish your work faster.
3. Structure Your Day In A Way That Makes Sense For You
Are you a morning person or a night owl? Now is your chance to tackle work projects that require more brain power during the times of day when you are most focused and productive. During the times when you're feeling a bit mentally sluggish, try tackling simple tasks that are logistical in nature.
4. Complete Tasks You've Put On The Backburner
Maybe you're a real estate agent who is suddenly unable to show houses. Instead of focusing on what you can't do, try coming up with a list of projects or tasks you've always meant to do, but put aside for issues that were more urgent. For example, you could take time to check in with past clients and see how they're doing or even send them a card. You could make a spreadsheet of potential leads, or take care of cluttered files on your computer.
5. Plan What You're Going To Work On
It's been said that if you fail to plan, you plan to fail. This statement especially rings true for working from home, where it's easy to become distracted and waste time trying to figure out what you want to do that day. Instead, try spending a few minutes the day before to map out what you would like to accomplish the following day so you're set and know what you want to accomplish when you wake up in the morning.
6. Take An Online Class
Taking the time to further your education is beneficial for you now and in the future. Use your extra time at home to watch a webinar or two, take continuing education classes, or even host your own online class. Connecting with others in your field also has the benefit of helping you feel less alone in your career keep you up-to-date within your field of work.
7. Set Boundaries With Those In Your Home
You may suddenly find your self with new "co-workers, " AKA your children, spouse, and/or pets. Establish boundaries that make it clear that when you're working, your space needs to be respected and your work needs your full attention like it would if you were at the office or on the job.
Hello and welcome to the Southbound Enterprises Blog! Find out more about us and what we do here.