Mark Stiles spoke with the folks at WATD to discuss how COVID-19 has been changing and transforming the real estate industry locally. He touches on Stiles Law’s use of the drive-through option to handle refinance closings, remote ink sign notarizations, how his team has adapted in order to succeed, and the decline of the open house in our current climate and perhaps for good. Listen for more.
If you have any questions contact us by calling (781) 319-1900.
Monday is an important day in MA because it’s when we start to roll out. Over at Stiles Law we’ve finalized our protocols on how we’re going to operate while still maintaining that the general public can’t enter our building. The outdoor office desk remains open.
If you need help with protocols for your business and how to roll your team back in, call us at 781-391-1900 to talk to Brian from our business team.
Our friends Dan and Jess at Levitate have masks if you’re looking for some.
Why wear a mask? Dr Joe is a guest today to talk about being an asymptomatic carrier and using masks to protect others.
Coming to you from the outdoor drive-through closing area at Stiles Law is an update on RON or Remote Online Notarization, which we had a video about a few weeks back. Massachusetts legislature passed what they’re calling Remote Ink Notarization (RIN). This helps us with handling notarization remotely. So contact us to take care of your real estate transactions or estate plans that have been on hold at (781) 319-1900.
If you are thinking about selling your home this spring, first:
Reconsider, because of the current state of the world. Reframe your timeline and think of this as your December: time to purge and get ready to list in 60-90 days.
Prepare for selling by arranging for your real estate professional to start advising you. “Coming soon” is a great strategy. Start to build demand and get people thinking about your house.
Do a home inspection sooner rather than later. This will help you to expect what the buyer’s inspector might see, and get ahead of it.
Have a sign in your yard, be visible. Do minor repairs because professional service providers attract the interest of those walking by who could include your buyer.
Now is a great time to purge. Create three piles: keep, give away, and throw away.
You don’t have to price your home now since you’re not officially marketing it yet. The market is different now than it will be in 60-90 days or when demand is at its peek, perhaps once we get closer to normal.
Look forward to the New Spring. The market will be ready for you eventually.
If you have any questions about selling your home, contact us by calling (781) 319-1900.
In this new present reality, we worry about people pushing things through quickly. We’re urging you to make sure to dot your I’s and cross your T’s. When selling a home, your real estate attorney and estate planning attorney often don’t know each other. If the property is in a trust, estate planning attorneys should be involved. You should likely be talking to your CPA or accountant as well. There could be significant taxable events that could be avoided by getting your entire team on the same page. They’ll help you watch out for details like possible capital gain or an irrevocable trust which might affect your planned senior living.
Keep an eye on the details!
If you have any other questions about selling a property in a trust, contact us by calling (781) 319-1900.
We are anxiously awaiting state legislation to allow us to notarize documents virtually. At present, we are still required to meet people face-to-face to get this done. Encourage MA state reps to push through with RON or “Remote Online Notary” so we can allow everyone to do closings from the safety of their homes.
As we mentioned in the past, keep vigilant about scams! Especially regarding the Payroll Protection Program. For information about this go to www.SBA.gov NOT www.SBA.com. Always double check the URL, this is an easy way to get scammed.
In other news, we’re pausing on estate planning documents for now. We can absolutely chat about your hopes and dreams while we wait, and when RON becomes available, we can facilitate those more readily. Reach out to email@example.com for help regarding estate planning.
If you have any other questions, contact us by calling (781) 319-1900. Stay safe.