The health and well-being of our clients, agents and employees is always our top priority. Per the Shelter-in-Place Order issued by Judge Jenkins, our agents and employees will be required to work remotely from now until April 3rd in Dallas County. We are actively doing our part to take overly cautious and proactive measures to prevent the spread of COVID-19 in our community and beyond.
While our agents are not allowed to physically show you the property, they are still able to conduct business for title work and closings. Mortgage companies are now allowing e-closings and “drive-thru” closings. We will continue to monitor and adhere to the guidelines set forth by health agencies, real estate associations and local authorities. This includes all “Shelter-in-Place” orders.
How will Paragon Realtors perform their services remotely?
We have successfully executed our remote work plan this week, and all accounting, marketing and other critical business functions are continuing, despite the challenges working remotely entails.
Additionally, title companies have been classified as Essential Businesses within the Financial Sector and therefore may continue to operate normally through the term of the Shelter-in-Place order.
What does this mean for my current listing?
Your listings will continue being advertised and displayed on our websites and in the Multiple Listing Service. Potential buyers can still view all information regarding your listing and connect with your agent directly through our website and over the phone for additional information.
Together, with our trusted partners, we have streamlined the process for you, allowing:
– All contracts to be executed electronically;
– Complete online and over the phone loan application and approval processes;
– Online Insurance review and coverage; and
– Enhanced closing process between our mortgage and title partners, allowing more documents to be signed online, and the rest can be signed in our title offices or via a mobile notary closer from your home or place of convenience.
During the term of the Shelter-In-Place Order, your agent will continue to promote your home through our websites, social media channels and via video. Recent information released by Google indicated home searching inquiries were at an all-time high, therefore it may be favorable to continue the online exposure of your listing until such time as physical showings are again permitted. If you determine it is in your best interests to temporarily withdraw your listing, your listing agent can work the details with you.
What does this mean for my current home search?
All listings across North Texas will continue to appear on the websites of Paragon Realtors and through our website, www.ParagonRealtors.com, you can connect directly with an agent to learn more about a listing, a neighborhood or community. At a time when physically viewing properties is limited, this is an excellent way to continue to monitor the market.
Agents may also be able to cooperate with one another to obtain additional video information regarding a property, if the property does not already have an existing video tour.
In the event you choose to write an offer on a property, you can:
– Sign all contracts and forms electronically;
– Complete online and over the phone loan application and approval processes;
– Complete your Insurance review and obtain coverage; and
– Shorten the closing process by partnering with our mortgage and title partners, allowing more documents to be signed online, and the rest can be signed in our title offices or via a mobile notary closer from your home or place of convenience.
What if I have a pending contract?
Our partners remain open and operating. Your lending, title and insurance needs will be fully met and your agent can continue to guide you through the process.
Mobile Closings offer you the opportunity to sign necessary documents from your home or other convenient location. In addition, you will still be able to close in title offices.
In the event a party cannot close due to the circumstances presented by the COVID-19 crisis or the Amended Order, your agents have access to the appropriate forms to extend the closing if agreed to by all parties.
What about the delivery of my earnest money or option fees?
Your agent has instructions on the available alternatives for handling both the earnest money and option fee in an electronic manner.
What else do I need to be aware of?
Do not click on any suspicious links or messages purporting to help you in this crisis from sources that you do not know. Hackers are already attempting to exploit this crisis to take advantage of the public.
We value the safety of our community and beyond. Many of our agents are still doing what they can from home to take care of their older and immuno-compromised clients. Please do not hesitate to contact our office at info@paragonrealtors.com or by phone at 214-515-9888.
