Chico realtor Archives - The Jacobi Team, Century 21 Select Real Estate, Inc.

What is a Front Door?

A home’s front door is a welcoming portal.

It is the curb appeal centerpiece.

When you think about it, the front door of a home is the entrance. It is the way in. Front doors lead to the treasures that lie within: a sparkling home that’s inviting and warm.

If you are a buyer and you approach a home with an eye to purchase, one of the first things you notice is the house’s front door. A front door says so much about the house and can set the tone for the rest of the home.

–Is the front door shabby in appearance? Is the paint peeling? Does it have a screen door that sags and has holes in it? If it is made of metal, is it rusting? Does the door hang well in the frame? Is the door handle old and chipped? Is the color of the door unappealing?

–Is the front door an attractive style and color? Does it have personality that says come on in and stay awhile? If not a new installment, has the door been newly painted and repaired? Is the hardware new and updated? Does the frame around the door match the rejuvenated condition of the door itself?

Buyers notice front doors, no doubt about it. What about sellers? If you are a seller, go outdoors and literally stand on the street in front of your home. What does the front door say about the home’s curb appeal? Installing a new front door, according to some estimates, can add as much as 90% ROI when it comes to selling your home. This article has some great options to consider for door replacements.

Ever walk around some neighborhoods and notice the color of front doors? What colors made you look twice? Popular now is everything from mulberry to blue to orange. Check out this article to see how color can make a front door pop.

There are many aspects to both buying and selling a home. Whether you are a first-time buyer, or you are someone looking to sell your current home, Emmett and Kim Jacobi, The Jacobi Team, are available to answer questions and start a conversation. Contact them today.

Getting Ready To Sell

First Let’s Look Outside

We’ll look at the interior in next week’s post.

Getting ready to sell your home? Here are 10 points to think about. Your budget and time will help you to prioritize the list and help you to make decisions on which items can actually be done. Doing all of them will ensure that your home is a shining star once it hits the market. Doing most of them will ensure that your home is ready for buyers to come and look and fall in love with your home. Doing none? Well that means you may need to adjust your price to make it an “as is” or “fixer-upper” sale.

Okay, here we go, a 10 point to-do list for the exterior:

1. Landscaping: pull weeds, trim bushes and trees and mow the lawn. For a finished look to the flower beds add fresh bark and a pop of color with some annuals planted near the front door.

2. Power wash the exterior and touch up areas of peeling paint. If you can afford it, paint the whole exterior if your home hasn’t been painted in over 10 years. Make sure all cobwebs are removed from the exterior at the very least. Shake out the welcome mat and dust down the front door.

3. Clean all the windows and replace any broken or missing screens. If you have windows that are cracked – or missing – have them replaced if you can. The windows are the eyes of the home and you want yours shining brightly.

4. Get a roof inspection if your roof is over 15 years old. Get any repairs done that will ensure that a buyer can get a loan on the home.

5. Get a pest inspection done and have all dry rot and wood destroying pest issues addressed. This will ensure that a buyer can get a loan on your home as well.

6. If you have a septic system and are not connected to city sewer, ensure that your septic tank is pumped and inspected. If the inspection shows major problems with the septic and you do not have the money to fix it, ask your real estate agent about a “buyers a credit” to go towards septic repair.

7. Replace any missing or broken bricks, pavers, shingles or stones anywhere on the exterior or walkways. Now is a good time to look at the driveway – is it cracked? Buckled? If you can afford to, give your driveway some loving attention as it will increase the curb appeal of the home.

8. If you have a chimney make sure there is a properly installed chimney cap. The roofer can do that when he goes up to do his inspection. There are many points to be considered about chimneys, here’s an interesting article.

9. If your heating and air system is older than 15 years consider having it serviced and inspected. You might consider have the home’s ducts checked, cleaned and repaired if needed.

10. Does your property have fencing? If so, take a walk around and check for possible wear or damage. Maybe all that is needed are a few new boards here or there. Or, if you can afford it, you may need a whole new fence. Broken down fences can be a negative to a buyer, whereas a newly painted, repaired fence can make the property look loved and cared for and increases its value.

There is much to consider when thinking about getting a home ready for sale. Emmett and Kim Jacobi, The Jacobi Team, are experts at helping people navigate the ins and outs of home selling. Contact them today.

Looking for a new home?

How do you know what you’re looking for?

Here’s a helpful checklist to give you some ideas.

Let’s run through a fun scenario. Let’s imagine you and your partner are relocating to this nice Northern California community and need to find a home. Or your family is growing and you need a larger home. This checklist also works if you are a couple whose chicks have left the nest and you now need to downsize. Regardless of your situation, you’ve decided a change is necessary. In all these cases, how do you know what to look for?

First set up three categories of priorities: what the home must have, what you would prefer and what you would be willing to be flexible on.

For the building itself are you looking for a single story home or one with two levels? What kind of square footage? Is the year it was built important? What about whether or not it has been recently updated? Is it important to you that it be move-in ready or are you good with a “fixer-upper?” Do you need the home to have a garage? One car or two?

Does the property need to have a yard? Front yard and back yard? Size of yards? Do you want the property to have fencing? What about patios and/or decking? Do you need to have a home that has a pool? Space to park an RV? Would a property that has outbuildings such as a shop or storage shed increase its interest for you?

How many bedrooms do you want? How many bathrooms? Is an indoor laundry room important? What about a den or office space? Do you want a dining area or is a breakfast nook sufficient? Does your lifestyle dictate that the home have a formal dining area? A formal living room? Do you need a great room?

What about flooring? Is carpeting important to you or are you looking for hardwood floors? Would dual pane windows be a must have?

Is a fireplace important? What are your requirements for heating and air? Septic or sewer? City water or well?

Once you’ve made a preliminary list of the must haves, the what you’d prefer and what you would be flexible on, take a look at the current market and see what is available. When you’re ready to do some serious house searching, find a realtor you can trust. With a real estate agent to guide you, look online and visit open houses. See what “must haves” may need to be moved to the “flexible” category. Your realtor can help to narrow down your favorite areas of town based upon what you want in a new home.

Home buying can seem a daunting task. However, if you hone in on what is most important to you it will make shopping for a new home more enjoyable.

Emmett and Kim Jacobi, The Jacobi Team, can help you develop a checklist that highlights and includes exactly what you want in a new home. Contact them today to begin a conversation.

Staging is not just for the theater

Preparing your home for potential buyers

Both kinds of staging involve an audience. On Broadway, the stage is viewed by an audience seeking entertainment. When selling your home, staging is a way to give prospective buyers the best possible first impression you can of your home. And, in these days of COVID awareness – even though everyone is slowly venturing out into the marketplace once again – staging plays a great importance. Read here for an April 2021 assessment of the importance of staging.

Here we offer 9 points about the value, and importance of, staging your home for selling:

1. Helps your home sell faster, decreasing the amount of time it sits on the market.

2. Often it sells at a higher price, offering a higher return on investment.

3. Gives potential buyers a better first impression of the home.

4. Helps buyers visualize themselves in the home.

5. Helps make the home look move-in ready.

6. Demonstrates the home’s potential.

7. Skilled staging highlights the home’s best features, often giving the perception of a bigger home.

8. Simple, tasteful staging makes the home look new, rather than cluttered or empty.

9. Online home photos will stand out more prominently, drawing more interest.

Staging is exactly that…setting the stage for your buyers to see your home in the very best light possible. At the Jacobi Team we offer professional staging to help you maximize the salability of your home. Contact us today.

A fun checklist for selling your home during the summer

Tasks for summer selling

How about flowers

Selling a home during the summer months actually isn’t all that much different than in any other season of the year. Here’s a quick list of things you can do when the weather is warm and the sun is shining:

Outside:

1. If painting the exterior is not feasible at least give the exterior of the house a power wash.
2. Make sure your front door says “Welcome!” Brighten it with a coat of paint and new hardware or replace it with a new door to add overall sales value.
3. Is there a flower bed next to your front entry? Spruce it up with fresh flowers, trim any bushes and make sure the lawn is mowed.
4. Spiders! Remember to take a broom and de-web. Sure they’ll be back but you want them not so noticeable on home showing day.

Inside:
1. Open the curtains! Let the sunshine in and keep the lights turned on. When you’re showing your home you want it to shine like it is on Broadway!
2. Make the interior comfy by turning on the AC and ceiling fans. Speaking of ceiling fans, make sure they are clean and sparkling (they often get forgotten on the cleaning to-do list).
3. Empty out closets (and cupboards) about halfway. You do still live there, but you want your potential buyers to see that there is plenty of closet space–they will sneak a peek!
4. During showings place crisp white sheets over the beds. You don’t need to get expensive ones, but white looks so summery.
5. Place a vase of fresh cut flowers on your kitchen counter. A way to bring the summer inside.

And, because it’s summer, consider filling the kitchen sink with some ice and mini bottles of cold water.

Have an awesome home showing! The Jacobi Team.

Taking on a fixer upper?

The real deal on TV home-remodeling shows

By Stephanie Brick, posted on the Washington Post website Click here to see original post
Oct. 22, 2018 at 5:00 a.m. PDT

It is no surprise that reality television is rarely a representation of reality. How genuinely can anyone act (no pun intended) with a crew of cameras and microphones within arm’s reach? From scripted dialogue to behind-the-scenes staging, reality TV has seeped into nearly every corner of the market, and home remodeling is no exception.

Through the evolution of television, facts and fiction have generally known their respective places and, even if commingled, remained distinct from each other. Historically, there has been a differentiating line between programming intended for entertainment and programming intended for information.

Blurred lines

The difficulty is that the television industry has increasingly blurred the line between shows designed for entertainment and shows designed for education. Channels such as TLC (which once stood for “The Learning Channel”), HGTV, and even the Weather Channel and various news syndicates used to be defined by either their informative or educational programs. Now, however, they are more entertainment than information channels: You are more likely to tune in to facts or reality — when it is even presented — encased by opinions, drama, heavy editing or outright inaccurate data.

How we process information changes when that entertainment/education line is blurred — specifically, when programs designed for entertainment start introducing elements of their show as factual (or vice versa). It is a sneaky way to tip the scales: The entire show is easy to register as entertainment. So when little “facts” or context-specific truths work their way in, we have our guard down and accept them, often without even thinking about it. At times, almost insidiously, these programs start to rebalance themselves in our minds as mildly educational. This is the danger zone of misinformation.

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As a design professional, I believe one of my responsibilities is to help educate my clients. Despite living in the information age, we are surrounded by misinformation — and it can be nearly impossible to differentiate between the two without proper guidance. I see the source of this problem regularly when I tune in to shows about remodeling. So how can you tell what is true to the screen and what may be — directly or indirectly — propagating misinformation?

When it comes to home-remodeling reality TV, context is everything.

First consider the context of the home: Where is it located?

In some renovation shows, the city, state or even country (a surprising number that air in the United States are produced in Canada) are omitted. This becomes a honey pot for misinformation when numbers are then, inevitably, discussed.

Pricing for materials, labor and overall project budgets are not consistent across the United States, and any dollar amount needs context to have value. A $50,000 budget will yield wildly different results for a project in the heart of an East Coast city than it will in a Midwestern suburb. Always think to question where a project is located if numbers are discussed on a remodeling show.

It should also be noted that budget and total project costs may be influenced by the channel paying its regular and/or guest cast members each episode. (Do you think the designers, contractors and homeowners are only receiving 15 minutes of fame as compensation?)

Next, consider the episode in the context of its series.

Does it follow a formula? Confident designer makes lofty promises on seemingly low budget; problems are discovered during demolition; lofty scope must be dramatically reduced “to resolve discovered problem” or an egregious budget increase is required . . . every time.

To their credit, many of these shows do an excellent job communicating this true reality: Once construction has started, sometimes hidden or unknown existing conditions are revealed that warrant (or require) an unexpected increase in scope — which results in an increase in cost.

For instance, disintegrating pipelines or tangled DIY electrical work behind drywall usually cannot be detected — or accounted for — ahead of time. (As I tell my clients, we are still working on X-ray vision technology.)

However, this does not happen with every single household or project. So if you notice it happening — on a dramatic scale — during every episode of a reality TV show, recognize this consistently injected drama for what it is: a real representation of renovation risks? Perhaps. An excuse to get out of building that third-story addition that was never even close to realistic for the proposed, yet accepted, budget? Definitely.

Third, what is the context of the final results you are seeing?

Extravagant scopes on extremely short timelines are simply unrealistic. In theory, you could hire a huge workforce — but have you ever tried to find more than one really good craftsman or contractor to work on your home? How about a hundred? Even with the best of laborers, tight timelines rarely set anyone up for quality success.

In recent years, the grand unveiling of these finished houses have been quietly revealed as — sometimes — just grand shams, showcasing a meticulously composed staging. What you see is a beautiful, furnished, finished space, but just beyond the camera’s precisely calculated pan is an unfinished room and incomplete home.

Not knowing a project’s geographic context can lead to a misperception of budget and costs. Having only the pinhole sightline of a camera’s view can lead to unrealistic timeline expectations — even if just as an indirect, trickle-down effect.

We all know building a custom home from scratch in a week is unrealistic under normal circumstances. But does it not still, despite this acknowledgment, make three weeks for a bathroom remodel seem a little longer than it should be?

Whether or not your project is filmed by a crew and broadcast to the world, all architecture projects are governed by three factors: time, money and quality. If you are lucky, pick any two — speedy schedule, low cost, genuine craftsmanship — at the sacrifice of the third.

Many home-remodeling TV shows seem to deliver all three. These may be excellent sources for entertainment but should be recognized as poor sources of information.

Stephanie Brick is the owner of Stephanie Brick Design in Baltimore.

A Note from the Jacobi Team’s Kim Jacobi: Hey! We hope you stick around on our website and check it out! You can search for homes, sign up for our newsletter, and more!

You Must Master This When House Hunting

Excerpt from: Take Note! This Is the One Thing You Must Master When House Hunting

By Jamie Wiebe | Sep 27, 2018 From the Realtor.com website

Average home buyers look at 10 houses before they find The One. And unless you’ve lucked out with a photographic memory, remembering the details of all those homes can prove challenging. Wait, which one had that weird bathroom? What was the address of that awesome house near the lakeshore?

If only you’d written it down.

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It might not be the most exciting skill to learn, but good note-taking can keep you organized and dramatically simplify your home search. Yes, you already know how to write things down. But are you writing down the right things?

Jot down your impressions of size

You might be wowed by the size of the place when you walk inside, but you’re omitting crucial information if you’re not comparing that impression with the actual dimensions. Most homes come with a spec sheet, and if you’re surprised to discover the cavernous living room is just 9 feet by 9 feet—smaller than your bedroom at home—then make a note. Clever staging might be tricking your eyes, and getting the space to feel that enormous with your own furniture might be a challenge.

“Looks can be deceiving, and many agents have the means to perfectly stage a property,” says Vincent Averaimo, who works in real estate law. “Sometimes that means it looks bigger than it really is.”

Record your gut feeling

When you step into the home, what do you feel? After a long day spent driving to a dozen different homes, you’re likely to forget that feeling.

So make sure to write it down. Did you feel relaxed and comfortable? Slightly ill at ease? Did an intangible thrill race along your spine?

“When you have found the home for you, there’s a special feeling that you get,” Roberson says.

While you’re at it, dig into the specifics of why you got that special “yes!” feeling. Was it the bay window in the master bedroom? The 500-bottle wine cellar you’re already dreaming of filling up?

“Note something you really love about the home or something that really bugs you,” says Maria Daou, a real estate broker in New York City. “If you don’t make these notes in the moment, when you are in the space, you forget what it is and all the houses start blending together.”

Give the home a numerical rating

Real estate agent Dale Schaechterle recommends establishing three “have to haves,” which must be included in your final home. Then, each time you visit a house, rate each of these must-haves from 1 to 10, with 10 being “exceptional” or even “better than desired.”

For instance, if you’re insistent on a three-bedroom home, then a home with more than three beds might get a 10, and a three-bedroom home gets an 8.

At the end, tally it all up to see which home has the highest score on the things that matter most to you.

“A perfect score is not the goal,” Schaechterle says. You’re looking for something with the best balance of everything you want that gives you “permission” to stop looking and write an offer.

Take pictures—of everything

Any good seller’s agent will stuff the listing chock-full of pictures—but that doesn’t mean you should put your camera away during the showing.

In fact, you should take photos of anything that jumps out at you—good or bad, recommends real estate broker Brenda Di Bari.

Did you absolutely adore the dual-faucet sink in the kitchen? Or were you uncertain about the strange laundry room setup? Flipping through your camera roll can help you recall the details that might not be pictured in the listing photos.

And there’s another darn good reason to take lots of pictures: Sometimes listing photos lie. A deck might look pristine on camera, but up close the boards are splitting and—oh, heavens—are those carpenter ants? Or perhaps a room that looked enormous feels more like a coffin in real life.

“Maybe there are areas of damage or concern that you want to consider before making an offer,” Di Bari says. A photo will help you remember.

Write down the renovations you’ll want (and look up their cost later)

Few houses are perfect. Jot down any obvious changes you’ll want to make—and anything that might impede a home improvement project. (Is that wall clearly structural?)

“Noting if [renovation] is even an option is really important,” Daou says.

Once you’ve figured out which renovations your potential home might need, suss out how much they’ll cost. Add that to any other must-change items, like a coat of paint, replacement gutters, or even furniture needed to outfit a bigger home.

“It almost always costs more than you think,” Di Bari says.

And what good is a dream home if you can’t afford to make it shine?

Note from the Jacobi Team

We hope you stick around and explore our website! On our site you can search for homes for sale in Chico and the surrounding area. You can also download our free Home Buyer’s Guide which is chock FULL of great info! Reach out to us if you have any questions! Thanks -Kim and Emmett

Pros and Cons of renting out a secondary unit

By Jeanne Sager | May 7, 2018 on Realtor.com

An in-law unit can be a major selling point when you’re buying a house. It’s the perfect guesthouse for short-term visits (your adult children coming for Christmas) or long-term stays (Grandma moving in with you). But what can you do with your in-law unit while it’s sitting empty? Some homeowners opt to rent it out.

Nothing sounds sweeter than extra monthly cash flow, but is it really that simple? Let’s dive into the pros and cons of renting out your in-law unit and what you can expect to deal with as a property manager.

What is an in-law unit?

To qualify as an in-law unit, this part of the house should have its own entrance, bathroom, and kitchen or kitchenette, says Stephanie Trevizo, a real estate agent and landlord in Los Angeles. If your home listing says it comes with an in-law unit, you should make sure it legally qualifies as one in your municipality. “This can usually be done by calling your local housing authority or city,” Trevizo says.

Benefits of renting out an in-law unit

As Trevizo points out, homeowners stand to make extra income with a space they’re not already using, and they can do so with relatively little intrusion on their everyday lives. Because of their separate entrance, in-law units offer homeowners privacy and a sense of distance from their renters, something that wouldn’t happen if you were renting out a room in your home.

In-law units are also attractive to renters, which can make it easier for you to find a tenant. Because an in-law unit is part of a home, it’s likely located in a community largely made up of single-family homes. “Some [renters] choose these types of units to get into certain school districts,” Trevizo notes. “The landlords tend to be more flexible than a management company at an apartment complex.” What’s more, if you’ve already furnished your in-law unit for visits from your guests, you have the advantage of being able to list it as a furnished unit for short-term rental on sites such as Airbnb or HomeAway.

Then again, the separate entrance and all-in-one amenities (e.g., private bathroom and kitchen) make most in-law units great for extended-stay rentals as well, says Rob Stephens, co-founder and general manager of Avalara MyLodgeTax, a company that provides lodging tax compliance solutions for property managers. If you know the unit will sit vacant for a while, an in-law unit can be turned into a more traditional rental, with long-term monthly or even yearly leases.

Click Here to see if there are any homes for sale in Chico with a mother-in-law unit!

Disadvantages of in-law unit rentals

Before renting out your in-law unit, you must ask yourself if you’re ready to deal with a tenant in your personal space. Separate entrance and bathroom aside, the tenant will still be living on your property, so you’re both certainly going to have some personal interaction at some point.

There are also a few other questions to consider, says Kimberly Smith, a broker with AvenueWest Global Franchise, in Denver. For example, will the tenants’ noise bother you or your noise bother them? Will you feel safe? Are you comfortable renting to someone with a pet? Do you have enough room for them to park their car, or will that require daily communication?

Because renting out an in-law unit is legally equivalent to renting out any other piece of property, you do need to follow the laws of your local municipality, Stephens says. In the case of a short-term rental such as an Airbnb, you may be required to collect occupancy taxes, register guests, and sometimes obtain a license from your local authorities.

“Requirements to register and the occupancy tax rate that needs to be collected vary by city, county, and state across the U.S.,” Stephens says. “In some areas, you may only need to complete one registration form and remit taxes to one tax agency. In other markets, there are usually three to four different registrations that need to be completed, which include some form of licensing with the separate city, county, and state agencies. In about half the markets across the U.S., you will need some form of business or rental license. In other markets, you simply need to register and pay the occupancy taxes, not obtain a license.”

In other words, you’ll need to check with the city, county, and state where your home is located before you decide to become a landlord, even if it’s for the short term.

Renting out your in-law unit could also have an effect on your homeowner insurance policy, so it’s important to call your insurance agent before you put up that rental ad. Because renting is defined as a business activity, your typical homeowner policy will not cover losses related to your rental, Stephens warns.

One final consideration, and this is a big one: the responsibility that comes with maintaining a property.

“This could mean late-night phone calls about problems the tenants are having with the home,” Trevizo warns.

As the property manager, you’ll be on the hook for a number of things, including collecting rent, setting lease terms, handling repairs and emergencies, dealing with security deposits, and filing taxes on the property.

“There is always the risk that you may have to evict a tenant, which could be costly and time-consuming,” Trevizo says.

From Emmett and Kim Jacobi of the Jacobi Team of Century 21 in Chico, CA:
If you are interested in purchasing a property you can rent out and have questions or want guidance in finding just the right property, then please reach out to us! We are full time real estate agents here in Butte County and serve not only the Chico area, but also Orland, Oroville, Durham, Paradise, Magalia, and Butte Valley. Also, we hope you stick around on our website and check out all that we have to offer here!

What you need to know about buying a home during COVID

All across the United States people are still buying and selling houses despite the presence of COVID 19. At record numbers in fact. The Chico, CA area is no exception. Inventory in Chico today (as of publishing date it is Jan 2021) is almost as low as it was right after the Camp Fire in 2018, when houses were flying off the market, being purchased by fire victims who received their insurance money and wanted to put down roots again in the area. Here is how we are handling the process of buying a home or selling a home in our Chico area during this pandemic.

Virtual meetings, In-person showings

It is hard to imagine making the single most biggest purchase of your life without seeing the house in person first. We are still showing houses in person, but all other interactions, when possible, we are doing via ZOOM or by phone. For example, filling out paperwork can be done virtually. Texts, emails and phone calls handle any and all questions and updates with clients. But when it comes to considering a house to buy, you can still see the house in person. Here are the safety guidelines that the California Association of Realtors have put into place for showings:

Rules for Realtors about showings during the Pandemic

On July 2, 2020, the Departments of Public Health and Cal/Osha revised their posted “Industry Guidance: Real Estate Transactions,” which contains a host of rules detailing how properties must be shown during COVID-19. Here are the 8 steps they published for realtors and brokers to comply with:

Step 1: Adopt a “Prevention Plan.”

Step 2: Do not hold “traditional” open houses or showings that are open to the general public on a walk-in basis.

Use an appointment or digital sign-in process to control the number of people at the house. If you are going to hold a non-traditional “Open House,” then any “Open House” signs or ads must include a rider or express condition that appointments or digital sign-in are required before entry. Showings should be done virtually, whenever possible. Only one listing agent and one “buying party” (including the buyer’s agent) may be in the dwelling at the same time.

Step 3: All visitors must sign a PEAD-V form and deliver it electronically to the listing agent in advance of entering the property.

The form should be signed on the day of entry, or if not possible or pragmatic, then no earlier than 24 hours before entry. Doing this accomplishes several things:
a) It is an agreement that the visitor will comply with the Posted “Rules for Entry Showings” (Form PRE)
b) The visitor acknowledges receiving and agrees to the Prevention Plan
c) The visitor attests they are not, to the best of their knowledge, afflicted with COVID-19, among other things.

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Step 4: The Posted Rules for Entry must be posted at the entrance to the property and be clearly visible.

Also link to or publish these rules in MLS listings and publicly online.

Step 5: The property must be equipped with hand sanitizer and disinfecting wipes. Face coverings are to be available in case any person did not bring their own.

Step 6: The property must be thoroughly cleaned and disinfected.

Commonly used surfaces such as counters, door and cabinet handles, key lock boxes, keypads, toilets, sinks, light switches, etc., must be cleaned and disinfected before and after each showing. The agent who shows the property shall follow cleaning and disinfecting protocols and provide sanitation products unless otherwise agreed. Keep in mind that the brokerage whose plan is being
implemented (almost always the listing brokerage) must regularly evaluate the plan for compliance and correct deficiencies identified. May a seller do the cleaning? If current occupants are present and/or participate during showings, they should adhere to the same cleaning and disinfecting protocols.

Step 7: Open doors and windows, weather permitting, to introduce fresh air. Also, doors and other areas of ingress and egress must be opened to minimize clients touching surfaces.

Step 8: Prior to or immediately upon entry, all visitors must use hand sanitizer or wash their hands with soap and water before touring or inspecting the property.

Real Estate is an essential business

Since we are considered essential then we are still able to conduct business and be there for our clients. It has been amazing to watch the industry and our clients adjust to this new norm. More than ever, technology is playing a huge role in searching for houses, writing contracts and signing documents, negotiating, and passing along information.

Inspectors, lenders and title companies are all a part of the essential business of real estate. Inspectors are all still available and working here locally in Chico. We aren’t sure how the rest of the country is doing in that category but here in Butte county, it’s business as usual for the inspectors. They also have to follow the guidelines posted previously in this blog. Title companies locally are locking their doors but still working like busy bees behind closed doors to close escrows. When it comes time to sign the closing documents, mobile notaries are being mobilized and meeting clients (face masks on!) to have clients sign documents that need to be notarized. If you are buying a home with all cash you won’t need a notary so the title company can Fed Ex or email the documents for you to sign and send back.

The moral of the story is, now is still a great time to sell or buy. Inventory here in Chico and the surrounding areas is less than a month of inventory. In other words, if we stopped taking new listings from today, then Chico would sell out of homes in less than a month. Prices are the highest they’ve been in Chico since 2005. But buyers still have incredible buying power because interest rates have been holding at record lows. So even though a house costs more on its price tag today than it did two years ago, for example, your monthly payment will be lower than it was two years ago because your interest rate today is low enough today to make up that difference.

We hope you stick around and check out our website. There is a lot of information here to check out and you can also search for local homes and get local market reports. If you want to chat with us give us a call today!

Written by Kim Jacobi, Jacobi Team Century 21 Chico