10 Ways to Make Virtual Meetings More Productive

10 Ways to Make Virtual Meetings More Productive

Whether you’re conducting sales meetings with colleagues or check-ins with clients, learn methods to improve your communication skills over video and increase attendees’ participation.

With the COVID-19 pandemic changing our very way of life, businesses are rethinking everything. More and more real estate professionals are working from home, which means while you once met with clients and colleagues face to face, you must now meet virtually. The good news is that platforms like Zoom and Google Hangouts make it easy for team leaders to host sales meetings or agents to host client check-ins online. The bad news is that leading virtual meetings requires a skill set many practitioners may not have.

Remote meetings are inherently different from in-person meetings, and this means they are often poorly run. That’s a serious concern even in normal times, but in times like these, it can be disastrous. It’s crucial that agents and brokers get meetings right—right away.

Another bit of good news (which we need plenty of right now) is that well-run online meetings can be extremely beneficial. According to the Harvard Business Review, online meetings can be even more effective than in-person meetings when done right. Luckily, there are plenty of simple things you can do to make online meetings as impactful as possible.

  • Don’t underestimate the socialization factor. There are various reasons to hold meetings: sharing information, brainstorming solutions, and coordinating activities. But one big reason is socialization. Remotely located teams need virtual meetings to build social bonds in order to work better together. And with the real estate business being built on relationships, agents need to use virtual meetings with clients to build trust. Right now, you may need to hold more meetings than usual because so many people are feeling isolated and disconnected. The more you can build a sense of community, the better everyone’s emotional health and work performance will be. A well-run meeting can actually be a bright spot in an otherwise dreary and depressing day.
  • Establish the mood up front. Meeting attendees likely will be coming from a wide range of emotional spaces—many of them negative—when they arrive. Take control of their mindset and mood by facilitating casual conversation before the official start time of the meeting. Don’t let it be awkwardly silent or dominated by a side conversation between just a few of the many people on the line. You can’t not acknowledge the pandemic—that wouldn’t be authentic—but keep topics around it as positive as possible. You might ask if anyone has a funny story to share, or if they’ve seen a creative way their community is pulling together or giving back.
  • Encourage meeting attendees to keep their cameras on. The effectiveness of meetings will increase exponentially if everyone has their cameras on, turning an audio call into a videoconference. This keeps people engaged because they know what they’re doing is visible to everyone else. These days, most of your participants will have sufficient bandwidth, and nearly all computers have cameras, so any barriers are largely matters of habit.
  • Be strategic about sequencing of activities and announcements. The first item on your meeting agenda should be a restatement of the purpose of the meeting. After that, strategize on the sequence of your activities. For example, if there are any “elephant in the room” topics, deal with those early or they will be a distraction. If you have a fun or exciting announcement, you may want to hold it for the end, letting the participants know that it is coming but keeping the outcome a surprise to create suspense. If an agenda item may be intense or create some heated discussion, don’t address it at the top of the meeting. Get people warmed up and feeling productive first, then hit them with the challenging topic.
  • Find creative ways to keep people engaged. Many online meeting platforms have the ability to issue multiple-choice polls and then show a graph of participant responses. The same can be done with chat questions. You could also make everyone a presenter, even if you simply ask them to read a slide to the group. Additionally, a breakout workshop allows more participation because people break into smaller groups to do work. Several of the major online meeting platforms, including Zoom and Google Hangouts, now offer breakouts.
  • Try to give everyone a task. It’s possible for one person to present content, facilitate questions, ensure the meeting stays on time, and take notes—but why? Usually there are others who can take on some of these responsibilities. Seek to distribute the roles of facilitator, presenter, timekeeper, and note taker among the participants. If you have a standing meeting, it can be rewarding to rotate these roles to different members of the team for each meeting. Or, you may find someone “finds their home” with a particular role and wants to play it on an ongoing basis.
  • Gear up with a good headset. If you will be participating in or leading online meetings regularly, purchase a headset that you plug into your device’s jack. A good headset will make your voice sound both clearer and richer and will eliminate more of the background noise.
  • Keep your background visually clean and professional. Pay attention to what is visible behind you onscreen. Ensure the background is neat and professional. Alternatively, some tools such as Skype for Business will blur the background or allow you to automatically insert a substitute background, hiding the environment around you. Also, avoid bright areas of the background, such as a window on a sunny day, as this may put you into shadow.
  • Sharpen your presenting skills. Use storytelling as an engagement tool. People tend to snooze when you start talking in bullet points. Keep it brief, and look to the meeting outcomes to determine what your audience really needs to know. Vary your tone, changing up your pitch, rhythm, and volume. It will make your presentation more interesting to listen to. And use body language, which can help convey your story.
  • Wrap things up with a polished completion. Leave time in your agenda for at least a two-minute “ending” to the online meeting. As part of the ending, remind everyone what the objectives of the meeting are, and measure progress against the objectives. If the team fell short, indicate what the plan is to address the remainder. Thank the participants and especially anyone who presented or made a particularly big contribution, and ask the rest of the group to thank them as well. Applause is perfectly appropriate.

 

I read this article HERE 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

HomeBuyer Checklist

Hello Caton Team Friends!

Being at home really gets you thinking about your home.  Perhaps a purchase of your first home or a different home is in the cards  Here is our HomeBuyer Checklist – a quick guide to get you started on the right foot.  As always, The Caton Team is here to answer your questions, listen to your concerns and chat about Real Estate.  Contact us anytime…

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654 |  EMAIL  |  WEB  |   BLOG

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Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654 |  EMAIL  |  WEB  |   BLOG

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

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What You Can Do to Get Your House Ready to Sell

What You Can Do to Get Your House Ready to Sell

 

What You Can Do to Get Your House Ready to Sell | Keeping Current Matters

Some Highlights:

  • Believe it or not, there are lots of things you can do to prep your house for a sale without even going to the store.
  • Your real estate plans don’t have to be completely on hold even while we’ve hit the pause button on other parts of daily life.
  • Tackling small projects from cleaning the corners you may normally skip to tidying up your yard are easy and necessary wins if you’re thinking of listing your house and making a move.

I read this article HERE 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

The numbers are in for 4.29.2020 – 5.6.2020 – County Stats

Hello Caton Team Friends,

As we find the new normal, I’m continuing my market update via stats.  I know those in the market to sell and buy are very curious what is going on.

Activity is decent all things considered.  Many buyers are acting quietly and as a result they are getting homes with slightly less competition.  But you’d be surprised!!!!  With interest rates as low as they are, I think buying now is a great idea!  Coupled with the challenge of jumbo loans or funds lost in the stock market crash – some buyers are out of the market making it prime for those with liquid funds and solid jobs to act while demand is sheltered in place.  Home is so important – now more than ever.

For sellers, though guidelines are changing, vacant homes are selling with a tad more ease, especailly if they were prepared to sell prior to the shelter in place.  Timelines are taking longer for apprisals and inspections but homes are sellling with patience.

Virtual open houses and staging and becoming main stream – stay tuned for my virtual open house with Zoom in a few weeks!

Below are this weeks stats.  I’ve enjoyed speaking with clients and fellow Realtors about this new Real Estate Climate.   Real Estate is, was and always will be a personal goal and journey – no matter what we’re going through.  The Caton Team is here to help you navigate the waters.  Contact us anytime with questions, comments and concerns.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

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Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

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The Caton Team with some Seller Advice

Welcome to our new series by The Caton Team – Client Advice – things we’ve picked up in the past 35 years of being Realtors…

First impressions are very important. Selling a home is no different.  Contact The Caton Team for a private sales consultation where we tackle what the homes needs for sale, what The Caton Team offers and how we make your goal – our goal!

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Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

Recession? Yes. Housing Crash? No.

Recession? Yes. Housing Crash? No.

 

With over 90% of Americans now under a shelter-in-place order, many experts are warning that the American economy is heading toward a recession, if it’s not in one already. What does that mean to the residential real estate market?

What is a recession?

According to the National Bureau of Economic Research:

“A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.”

COVID-19 hit the pause button on the American economy in the middle of March. Goldman Sachs, JP Morgan, and Morgan Stanley are all calling for a deep dive in the economy in the second quarter of this year. Though we may not yet be in a recession by the technical definition of the word today, most believe history will show we were in one from April to June.

Does that mean we’re headed for another housing crash?

Many fear a recession will mean a repeat of the housing crash that occurred during the Great Recession of 2006-2008. The past, however, shows us that most recessions do not adversely impact home values. Doug Brien, CEO of Mynd Property Management, explains:

“With the exception of two recessions, the Great Recession from 2007-2009, & the Gulf War recession from 1990-1991, no other recessions have impacted the U.S. housing market, according to Freddie Mac Home Price Index data collected from 1975 to 2018.”

CoreLogic, in a second study of the last five recessions, found the same. Here’s a graph of their findings:Recession? Yes. Housing Crash? No. | Keeping Current Matters

What are the experts saying this time?

This is what three economic leaders are saying about the housing connection to this recession:

Robert Dietz, Chief Economist with NAHB

“The housing sector enters this recession underbuilt rather than overbuilt…That means as the economy rebounds – which it will at some stage – housing is set to help lead the way out.”

Ali Wolf, Chief Economist with Meyers Research

“Last time housing led the recession…This time it’s poised to bring us out. This is the Great Recession for leisure, hospitality, trade and transportation in that this recession will feel as bad as the Great Recession did to housing.”

John Burns, founder of John Burns Consulting, also revealed that his firm’s research concluded that recessions caused by a pandemic usually do not significantly impact home values:

“Historical analysis showed us that pandemics are usually V-shaped (sharp recessions that recover quickly enough to provide little damage to home prices).”

Bottom Line

If we’re not in a recession yet, we’re about to be in one. This time, however, housing will be the sector that leads the economic recovery.

I read this article HERE 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

 

Think This Is a Housing Crisis? Think Again.

Think This Is a Housing Crisis? Think Again.

With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the housing market is in trouble. For those who remember 2008, it’s logical to ask that question.

Many of us experienced financial hardships, lost homes, and were out of work during the Great Recession – the recession that started with a housing and mortgage crisis. Today, we face a very different challenge: an external health crisis that has caused a pause in much of the economy and a major shutdown of many parts of the country.

Let’s look at five things we know about today’s housing market that were different in 2008.

1. Appreciation

When we look at appreciation in the visual below, there’s a big difference between the 6 years prior to the housing crash and the most recent 6-year period of time. Leading up to the crash, we had much higher appreciation in this country than we see today. In fact, the highest level of appreciation most recently is below the lowest level we saw leading up to the crash. Prices have been rising lately, but not at the rate they were climbing back when we had runaway appreciation.Think This Is a Housing Crisis? Think Again. | Keeping Current Matters

2. Mortgage Credit

The Mortgage Credit Availability Index is a monthly measure by the Mortgage Bankers Association that gauges the level of difficulty to secure a loan. The higher the index, the easier it is to get a loan; the lower the index, the harder. Today we’re nowhere near the levels seen before the housing crash when it was very easy to get approved for a mortgage. After the crash, however, lending standards tightened and have remained that way leading up to today.Think This Is a Housing Crisis? Think Again. | Keeping Current Matters

3. Number of Homes for Sale

One of the causes of the housing crash in 2008 was an oversupply of homes for sale. Today, as shown in the next image, we see a much different picture. We don’t have enough homes on the market for the number of people who want to buy them. Across the country, we have less than 6 months of inventory, an undersupply of homes available for interested buyers.Think This Is a Housing Crisis? Think Again. | Keeping Current Matters

4. Use of Home Equity

The chart below shows the difference in how people are accessing the equity in their homes today as compared to 2008. In 2008, consumers were harvesting equity from their homes (through cash-out refinances) and using it to finance their lifestyles. Today, consumers are treating the equity in their homes much more cautiously.Think This Is a Housing Crisis? Think Again. | Keeping Current Matters

5. Home Equity Today

Today, 53.8% of homes across the country have at least 50% equity. In 2008, homeowners walked away when they owed more than what their homes were worth. With the equity homeowners have now, they’re much less likely to walk away from their homes.Think This Is a Housing Crisis? Think Again. | Keeping Current Matters

Bottom Line

The COVID-19 crisis is causing different challenges across the country than the ones we faced in 2008. Back then, we had a housing crisis; today, we face a health crisis. What we know now is that housing is in a much stronger position today than it was in 2008. It is no longer the center of the economic slowdown. Rather, it could be just what helps pull us out of the downturn.

I read this article HERE 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

REAL EATS – Copenhagen Bakery & Cafe – Burlingame Ca

REAL EATS – The beat on where to eat!
Hello!  Thank you for reading REAL EATS, where my passion for Real Estate and food meet.  On our next adventure we visit….

Copenhagen Bakery & Cafe – Burlingame Ca

My family have been going to Copenhagen Bakery & Cafe for over 5 decades.  They’ve taken care of my birthday cake for just about as many years and Copenhagen Bakery did our wedding cake too.  If that isn’t testimonial enough – then you truly need to go taste it for yourself.  The photo is of their Princess Cake that my darling mother gets me for each birthday.  Marzipan, raspberry, custard, whipped cream – a literal slice of heaven!

THEIR WEBSITE | MY YELP REVIEW | Their YELP PAGE | MY YELP BOOKMARKS | MY YELP PAGE

Photos of my Reviews on Instagram: The Caton Team Instagram

HOMES FOR SALE NEAR COPENHAGEN BAKERY

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Follow The Caton Team Blog – The Real Estate Beat, visit our Website – The Caton Team to start your own home search.  Read our Testimonials to get to know us or simply reach out – Call | Text Sabrina 650.799.4333 | Email  Info@TheCatonTeam.com.

The Caton Team does not receive any compensation for any posts, we use YELP for ease of use.  All restaurant reviews are unsolicited and unpaid. Photos of dishes and edites are my own. Information deemed reliable but not guaranteed. Third party information not verified.

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text |Sabrina 650.799.4333|Susan 650.796.0654|Email Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

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Is It Safe To House Hunt During the Coronavirus Crisis? This Is What You Must Know

Is It Safe To House Hunt During the Coronavirus Crisis? This Is What You Must Know

By Margaret Heidenry

In the best of times, shopping for a house is a complicated and involved process—a big-ticket proposition involving lots of shopping around and meeting a ton of people so you’re 100% sure you’ve picked the right place, at the right price. But, of course, these are not the best of times.

Now that the coronavirus pandemic has people across the country hunkering down at home to lower their exposure levels, even the most determined home buyer might be wondering: Is it safe to shop for a house right now?

We’re here to help you navigate this time of uncertainty and instability with this second installment of our new series, “Home Buying in the Age of Coronavirus.”

While risk is a personal decision, the real estate industry is adapting to provide ways to go about home buying safely during the coronavirus pandemic. You can now do many things at a safe social distance, or even remotely, when it comes to buying a home that you may not have considered doing in the past.

Here are all the ways in-person checkpoints to buying a home have changed to keep you safe during the coronavirus pandemic.

Finding the right real estate agent

When it comes to buying a home, pairing up with the right agent is always key to finding your perfect property. But today, you need one who is tech-savvy and comfortable conducting meetings and business online.

“Zoom, Google Hangouts, and other tools allow buyers to have consultations they would normally have in person with me from the comfort of their home,” says agent Maggie Wells of Keller Williams in Greater Lexington, KY.

To find an agent to further help you remotely, ask candidates if they offer virtual consultations and home tours. They should also be able to help you with e-signature apps so you can send and receive documents to sign digitally through email.

“If an agent doesn’t offer these services yet, I highly recommend finding an agent who is [comfortable] working with technology,” adds Wells.

Virtual home tours

Crowded open houses with a plate of cookies for everyone to grab are a thing of the past—at least for now. Instead, you’ve got virtual open houses and video tours.

There are several ways to virtually tour a home. Along with photos, many listings were already starting to incorporate videos or virtual reality tours. (For example, the listing for this house in Ponte Vedra Beach, FL, features a VR icon you can click on, which will take you to a video.) You’ll be able to tour the home, room by room, without physically stepping onto the property.

“The power of video cannot be underestimated at a time like this,” says Cara Ameer, an agent with Coldwell Banker who is licensed in California and Florida.

However, these videos are filmed and edited, so you may not be able to see every nook and cranny. If you want to do a deeper dive, many agents will accommodate you.

“I’ve been giving live FaceTime tours of homes,” says Wells. “This provides buyers a personalized experience of the property without having to leave their home.”

Granted, we’re not necessarily saying you should buy a house without seeing it in person, unless there’s no choice in the matter. Nonetheless, it’s smart to do what you can remotely to whittle down your options so you can choose what’s worth an in-person visit, now or later.

Also keep in mind that in late March, the U.S. Department of Homeland Security declared residential real estate sales an “essential service,” although certain state officials, including New York Gov. Andrew Cuomo, have explicitly forbidden home showings. And even if they are allowed, agents, home sellers, and buyers must all be willing to make them happen.

When in doubt, check with your agent and local government for more information, and know that things could change as this pandemic progresses.

Remote mortgage pre-approval

“One smart way to stay safe right now is to work with a loan officer who is set up to work remotely,” says Andrina Valdes, executive sales leader and chief operating officer of Cornerstone Home Lending in San Antonio.

Some lenders had already made the entire mortgage process digital long before social distancing was needed. And now, many more have jumped on board out of necessity.

The first step is to interview a few loan officers over the phone or by video chat. Since mortgage interest rates are all over the map these days, it’s extremely important to shop around and compare what they’re offering—and make sure they’re comfortable conducting all steps of the transaction online.

Ideally you want a lender that allows you to track your loan progress, view educational resources, and stay in touch, all without leaving the house.

In order to get pre-approved for a loan, the lender will need to review your income, debt, credit history, and other factors—and you’ll need to submit paperwork verifying all of the above.

Luckily, most of this paperwork should be available online, such as pay stubs, tax returns, and bank statements. If you’re unsure how to access them, a tech-savvy lender should be able to help. (Here’s more on the paperwork needed for mortgage pre-approval, and why getting pre-approved matters.)

Check out realtor.com/mortgage to find local lenders and to figure out how much home you can afford.

Remote home inspections

“We are offering clients the option of doing a remote inspection, where we inspect the house alone and review the findings with them via a videoconference,” says certified home Inspector Welmoed Sisson of Inspections by Bob in Maryland and author of “101 Things You Don’t Want in Your Home.”

At a remote home inspection, inspectors take a lot more pictures than they might have in the past so clients can get a good idea of where the issues are.

“We also take videos if the issue is something moving that shouldn’t, such as a loose handrail or wobbly toilet,” adds Sisson. “While we’re in the house, we use gloves, wash our hands, and wipe down things we touch with antiseptic cloths.”

Once the report is completed, Sisson sets up a video call and emails clients PDFs of background information about why inspectors test what they do.

“Through screen sharing, I go through a slideshow of the pictures, answering questions as we go,” says Sisson.

Virtual home appraisals

Home appraisals required by a lender generally include a site visit, which is not possible in some parts of the country where this is not considered an essential service. Luckily, appraisals pertain only to those getting loans, so cash buyers can skip this process entirely. But if you are getting a mortgage, fear not.

“In the last few weeks, we’ve seen an influx of virtual appraisals done via video as well as ‘desktop appraising,’ where the appraiser reviews available public and private data,” says Nikita Idiri, a licensed real estate salesperson at New York’s Elegran.

The appraiser then uses comparable properties for the reports. While these methods may not be to the penny in terms of value, they are relatively accurate and allow lenders to continue operating.

Remote home closings

In-person home closings—where all parties come together to sign contracts, swap keys, and shake hands—are, for the most part, not happening right now (especially the shaking hands part). However, most closings require some face-to-face interaction, since people have to sign documents and notaries need to stamp them in person.

So while home buyers will probably have to show up on closing day, it will look far different from the past.

Lynn “Ginger” Ruckman, real estate associate broker at Julia B. Fee Sotheby’s International Realty in Bronxville, NY, recently closed on a home at the buyer’s attorney’s office. But instead of everyone crowding into a room for hours, parties sat in separate rooms to finalize the deal.

“The sellers and I were in the reception area, and the buyers were in the conference room,” says Ruckman. “The title company shuffled papers back and forth, and the entire process took 23 minutes.”

Another agent in Ruckman’s office had a closing where all parties showed up on the street where one of the attorneys lived.

“Papers were delivered to the appropriate cars for signatures,” explains Ruckman. “Everyone had their own pen, and the intermediary wore gloves. It got done without a hitch.”

And soon closings may be entirely remote, with states such as Georgia announcing that, as of March 31, video closings are temporarily permissible.

“The approval just happened, so nobody has done it yet,” says Georgia attorney Ken Luther. “But this is my understanding of how it would work: The closing attorney would send links to all necessary parties for a secure videoconference. All parties would sign electronically, and the transaction would be witnessed and notarized by conference participants.”

I read this article HERE 

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.


 

The numbers are in for 4.22.2020 – 4.28.3030 – County Stats

Hello Caton Team Friends,

We are truly blessed for all this lovely weather.  Some great homes have come on the market this week, some great homes sold fast.  We’ve seen price adjustments, live and virtual staging.

Below are this weeks stats.

Each market is unique and with over 35 years of combined Real Estate experience, The Caton Team is more than happy to be of service if and when you are considering a move. Contact us anytime and anytime during your journey, together we’ll help you achieve your reach estate goals.

 Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654  |  Email  Info@TheCatonTeam.com

IMG_2394IMG_2395IMG_2396IMG_2393

Got Real Estate Questions?   The Caton Team is here to help.

We strive to be more than just Realtors – we are also your home resource. If you have any real estate questions, concerns, need a referral or some guidance – we are here for you. Contact us at your convenience – we are but a call, text or click away!

The Caton Team believes, in order to be successful in the San Fransisco | Peninsula | Bay Area | Silicon Valley Real Estate Market we have to think and act differently. We do this by positioning our clients in the strongest light, representing them with the utmost integrity, while strategically maneuvering through negotiations and contracts. Together we make dreams come true.  How can The Caton Team help you?

A mother and daughter-in-law team with over 35 years of combined, local Real Estate experience and knowledge – would’t you like The Caton Team to represent you? Let us know how we can be of service. Contact us any time.

Call | Text | Sabrina 650.799.4333 | Susan 650.796.0654

Email |   Info@TheCatonTeam.com

The Caton Team – Susan & Sabrina
A Family of Realtors
Effective. Efficient. Responsive.
What can we do for you?

The Caton Team Testimonials | The Caton Team Blog – The Real Estate Beat | TheCatonTeam.com | Facebook | Instagram | HomeSnap | Pintrest | LinkedIN Sabrina | LinkedIN Susan

Want Real Estate Info on the Go?  Download our FREE Real Estate App:  Mobile Real Estate by The Caton Team

Berkshire Hathaway HomeServices – Drysdale Properties

DRE # |Sabrina 01413526 | Susan 01238225 | Team 70000218 |Office 01499008

The Caton Team does not receive compensation for any posts.  Information is deemed reliable but not guaranteed. Third party information not verified.

IMG_2294