REAL ESTATE BUSINESS IN TIMES OF COVID-19
Contact ban, quarantine, lockdown - real estate sales in everyday life with COVID-19
The year 2020 has certainly found an entry in the history books. The global corona virus crisis has the whole world occupied. Social and economic life came to a standstill. Thousands of people suffer from or have already succumbed to COVID-19.
Worldwide, various countermeasures are being attempted to prevent the spread or to contain the epidemic.
In Germany, this is done with various decrees, such as contact restrictions, a large number of tests, partial isolation of vulnerable groups and the closure of "non-system relevant" areas.
All of these precautions are necessary, but they all pose major problems. Social and especially economic life should not come to a standstill and should also be continued taking into account all the precautions taken.
Of course, the brokerage industry also has to deal with all the adversities. Everyday professional life can hardly be maintained and customers are currently more concerned with their personal problems than with the purchase of a property. The concerns about your own job and the financing that may not be able to be implemented are too present, which for many customers is indispensable for the purchase of a property.
Business as usual, almost - real estate is being traded still
Under all the current circumstances, it is all the more gratifying that business and notarizations can still be done. Ultimately, this is only possible if you understand the whole situation and prepare a business in the best possible way.
Best example is the recent sale of a compact, fully furnished city apartment in the prestigious Palais Varnhagen in a prime central Berlin location.
The luxury property was successfully sold at a price close to the one I priced in. Taking into account the current contact restrictions and ban on meetings, it was imperative to have both contracting parties represented by lawyers in order to guarantee great flexibility in handling the sale. The overseas seller was successfully represented by the law firm Ludwig Braun Domrich in the best possible way. The buyer, also coming from outside Berlin, was represented by the lawyer Dr. Alexander Jacobi, JACOBILEAGAL, following my recommendation. Through the respective legal representatives, it was possible to negotiate the purchase contract together within a very tight timeline. It is also extremely important, especially in times like these, to have a functioning notary office at your side for the handling. In this case, as always, I am happy to assist my customers with recommendations. My buyer gladly followed my recommendation and by commissioning the Knauthe notary with the notary Mr. Klingenfuss, the sale could be carried out very professionally and in a timely manner. Thanks to the perfect interaction of all parties, the sale could be carried out smoothly even in these difficult times. My creed, regardless of the difficult circumstances we are in, is to support the customer as best as possible and to do everything in my power to guarantee a smooth process. In addition, I take on some costs, such as the creation of a legal Power of Attorney, to make it as easy as possible for the client and to complete the process in a manageable time frame.
If you are interested in buying or selling a property in Berlin, I am at your disposal for any questions and information on how I can assist you. You might be also be interested to read what some of my past clients have to say about my service so please read their feedback here: ProvenExpert