5280 Magazine

SO, YOU WANT TO BUY…

QUESTION 1 Has COVID-19 cooled the market?

At press time in early April, it was too soon to say how everything from stay-at-home orders to the economic impact of layoffs might affect the market long-term. “Clearly we are in unprecedented times,” says Usaj Realty’s Megan Ivy. But, she adds, “even now, buyers are buying and sellers are selling and we have [more] people in the pipeline to resume those activities.”

Many aspects of the real estate market were deemed essential, and others have adjusted. For instance, real estate closings in Colorado require “wet signatures,” meaning that a buyer and seller can’t e-sign, so title companies had to improvise and started offering drive-by and contactless options to close deals. So, in summary, the market keeps moving—albeit at a slower pace.

QUESTION 2 I love, love, love this house. Should I write a letter to the sellers about why?

The short answer is no. We know it was all the rage for a while, so let

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