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The Texas Reporter > Blog > Real Estate > How actual property brokers may be a part of a consumer’s go-bag
Real Estate

How actual property brokers may be a part of a consumer’s go-bag

Editorial Board
Editorial Board Published January 31, 2025
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How actual property brokers may be a part of a consumer’s go-bag
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How actual property brokers may be a part of a consumer’s go-bag

Contents
assist your shoppers throughout a catastropheKeep knowledgeable Defend the house Keep level-headed Say no to cost gouging  Don’t neglect to pay attention 

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For those who reside in Los Angeles like I do, you’ve realized the sensation of your coronary heart skipping every time your cellphone pings. Will it’s an evacuation discover, the most recent replace on the fires ravaging our cities, or one other message from fearful family and friends? One of many pervasive reminders from authorities is that we must always have a go-bag prepared in case we have to go away at any time.

Simply two weeks in the past, I went about assembling my very own go-bag, because the fires continued to wreak havoc throughout the town. Whereas I dutifully packed, I reached for a favourite pair of excessive heels — I journey usually and have a tendency to take them all over the place, in any case.

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Fortunately, my husband identified that the bag was for requirements in case we needed to flee our dwelling in an emergency. House was important, and the room they took up might be full of sensible clothes, necessary paperwork, prescriptions, meals and water.

It was a welcome wake-up name, and a reminder that irrespective of how level-headed you assume you might be, in a time of nice stress and suspense, you’re not all the time considering clearly. I may have deliberate the contents of my go-bag extra strategically.

That frantic feeling undoubtedly rings true for residents throughout Southern California and different areas affected by pure disasters — all of them may discover themselves captives of the second, and make a equally panicked, short-sighted resolution.

A go-bag isn’t simply restricted to your bodily belongings — it’s about having a complete plan of strict requirements, together with a shortlist of individuals you’ll must name in case of an emergency. You’ll, after all, have your loved ones and associates, and the particular person to whose dwelling you’ll seemingly evacuate. As I thought of my plan later, I added one other particular person to my proverbial go-bag: my actual property agent, who I belief to assist navigate the problem of discovering a brand new dwelling.

Proper now, many affected residents in our space are confronted with crucial selections as to their properties. They could be displaced and questioning the place to reside or pondering what to do with their present dwelling, as disasters like these pose a permanent menace.

I do know it’s robust to be an actual property agent on this place. Housing stock was already tight earlier than the fires started, and now there are tens of hundreds of displaced Angelenos in determined want of shelter. Our places of work are inundated with calls, and they’re heartbreaking. 

A few of our California brokers are reporting open homes with not less than 60 individuals attending, many in tears. Some brokers are getting greater than 30 calls a day for accessible properties.

It’s tough to just accept the fact that you simply can’t assist everybody. However there are methods you possibly can leverage your beneficial experience as an area actual property agent to assist your shoppers make realized choices as they navigate current circumstances and plan for a protected and safe tomorrow.

assist your shoppers throughout a catastrophe

Actual property brokers have an important function to play in supporting shoppers by way of these choices, serving to our patrons discover a dwelling and our sellers to handle the present stage of demand. Listed below are just a few solutions for the way we could be a rock and assist our clientele:

Keep knowledgeable 

In any time of disaster just like the SoCal wildfires, it’s important to remain educated concerning the newest developments and perceive the near- and long-term dangers related to shopping for in fire-prone areas. That’s the type of in-depth native experience you possibly can present.

As all the time, you’re a important supply for present market tendencies and forecasts, in addition to up-to-the-minute perception into housing availability and pricing. Faucet into your skilled community to supply helpful info to your shoppers, like how Coldwell Banker Realty brokers leverage the mortgage, insurance coverage and settlement experience of our companions throughout Anyplace Actual Property.

Pointing shoppers towards native assets and assist teams that may present further help throughout this time can also be an enormous assist.

Defend the house 

Assist your shoppers totally analysis dwelling insurance coverage choices, particularly since some insurers have pulled out of high-risk areas. Complete dwelling inspections are additionally essential to evaluate fireplace harm and make sure the property meets security requirements.

The very best brokers have an in-depth information of those companies at their fingertips and might present essential steering to shoppers. Owners ought to assume long-term about their funding and the potential for future wildfires, contemplating group preparedness plans and fire-resistant dwelling options.

Keep level-headed 

Remind shoppers that it is crucial to not make hasty choices regardless of the unstable market. Taking time to make knowledgeable selections is essential. In lots of instances, patrons are on the lookout for a house that may develop into their new middle of gravity for a number of years, not only a non permanent stopping place.

The necessity for instant stability ought to be balanced with the necessity to decide that is smart past proper now.

Say no to cost gouging  

There’s an outsized demand for accessible leases and houses in Southern California. We need to encourage our shoppers to reject price-gouging, a dangerous and unlawful apply that may occur when a pure catastrophe impacts housing availability. Guarantee your sellers that, regardless of the excessive quantity of calls, you might be rigorously vetting every one and can line up certified potential patrons, as you all the time do.

Don’t neglect to pay attention 

Basically, actual property brokers ought to acknowledge their shoppers’ fears and provide emotional assist. Generally, simply listening could make an enormous distinction. Consultations with actual property professionals may help shoppers make well-rounded choices.

As a local Angeleno, I’m deeply saddened by the devastation that we’ve skilled in Southern California. My ideas are with all our brokers and our communities impacted by these wildfires.

FEMA has declared this a serious catastrophe, and residents will want assist for restoration. The Anyplace Catastrophe Reduction Fund (ADRF), a part of our charitable basis, is supporting impacted workers and Anyplace brokers whose counties have been declared a serious catastrophe by the federal authorities. If you realize of obtainable housing, or somebody in want of housing, the CBR Higher Los Angeles workforce has arrange a Fb group to help these affected to find non permanent housing or new shelter. 

Actual property is an honorable occupation, and we’re trusted advisors who assist our shoppers by way of a number of the most emotional occasions of their lives. Let’s be that protected particular person — the one who customers can rely on and look out for them as an ally by way of each step of a disaster. We hope to by no means once more get a notification advising us to pack a go-bag, but when we do, make certain your shoppers embody you in theirs.

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