Skip to content
  • Contact Us
  • Member Login

Virginia Peninsula REALTORS®

The Voice for Real Estate on the Virginia Peninsula

  • Home
  • About VPAR
    • Board of Directors
    • Code of Ethics
      • 2021 REALTOR® Code of Ethics and Standards of Practice
      • Mediation Information
      • Ethics Complaints, Arbitration Requests and Related Information
      • Before you File an Ethics Complaint
      • Ethics Compaint Form (E-1)
      • Arbitration Guidelines
      • Arbitrable Issues
      • Request and Agreement for Arbitration (A-1)
    • Committee & Council Leadership
    • Governing Documents
    • History
    • Past Presidents
    • Privacy Policy
    • VPAR Charitable Foundation
      • Donate To The VPAR Charitable Foundation
      • Support VPAR with Amazon Smile
      • VPAR Charitable Foundation Events
  • Advocacy
    • The Monitor
    • RPAC – 2021 Investors
      • Invest to Support RPAC
    • Submit a request for the Public Policy Committee to review
  • Calendar
  • Education
    • Education Center – Room Rental
    • Education Policy
    • Peninsula Real Estate School
      • Code of Ethics Training with CE Credit
      • REALTOR® Institute – GRI Designation
    • Real Estate Pre-License Saleperson Classes
    • Leadership Development
      • Virginia REALTORS® – Certifications and Designations
      • Virginia REALTOR® Leadership Academy
      • Virginia REALTORS® – Understanding Your Leadership Style
      • Virginia REALTORS® – What’s In It For The Member Presentation
      • NAR Leadership Development Resources
      • NAR REALTOR® LEAD Courses
      • LEAD Peninsula – Virginia Peninsula Chamber
      • LEAD 757 – Hampton Roads Chamber
      • Greater Williamsburg Chamber
      • Virginia REALTOR® Institute – GRI
      • Womens Council of REALTORS
      • REALTORS® EXCELLING IN ASSOCIATION LEADERSHIP (REAL)
    • Online Continuing Education
    • Property Management
      • Property Management Broker Office Policy Manual
      • NAR Rental Assistance Resources
      • CFPB Resources for Tenants – Help with rent and utilities
      • CFPV Media Toolkit for Property Managers
    • Risk Management
    • Virginia REALTORS® Learning Center
    • Virginia REALTORS® Education Calendar
  • Events
    • Annual Awards and Installation Banquet
    • Outstanding Salesmanship Club (OSC) Awards Program
      • Past Outstanding Salesmanship Awards
    • REALTOR® Fest Tradeshow
  • Membership
    • Broker Resources
      • Broker Add Delete Form
      • Designated REALTOR® Dues Formula
      • NAR Broker Involvement
      • NAR Field Guides For Brokerages
      • Residential Broker Office Policy Manual
      • Sales Meetings Kits
      • Virginia REALTORS® Broker Resources
      • Fair Housing, Diversity & Inclusion Resources
        • NAR Diversity & Inclusion Resources
          • At Home with Diversity
          • Bias Override: Overcoming Barriers to Fair Housing
          • FairHaven: A Fair Housing Simulation
        • VAR Diversity Equity & Inclusion Resources
        • Asian Real Estate Association
        • Hampton Roads Association of Real Estate Brokers
        • Hampton Diversity College
        • National Association of Hispanic Real Estate Professionals
        • The Color of Law by Richard Rothstein
      • Legal Corner
        • Legal Articles
        • Legal FAQS
        • Legal Hotline
        • Legal Podcasts
        • Legal Videos
        • Military Air Installation – Property Noise Contour List
        • Signs in Hampton
      • Market Updates
        • Peninsula Market Updates
        • Virginia Market Reports
      • Member Tax Information
      • NAR Membership Benefits
      • National Flood Insurance Program Resources
      • REALTOR® Safety
        • Field Guide to REALTOR® Safety
        • The 10 Commandments of Agent Safety
        • Open House Safety Tips
        • Real Estate’s 6 Most Dangerous Everyday Situations
        • The Safety Talk You Need to Have With Clients
      • Affiliate & Partner Membership Information
        • Affiliate Membership
        • Peninsula Partners
          • 2022 Peninsula Partner Application
      • VPAR Life Membership Information
    • Find A Member
  • New REALTOR® Membership Information
    • REALTOR® Membership Application Process
    • New Member Application
    • 2022 Dues Information
    • VPAR Monthly Membership Dues Payment Plans
    • NAR Code of Ethics Course For New Members
    • NAR New Member Orientation
    • NAR New Member Welcome Guide
    • REALTOR® Trademark
    • REALTOR® Property Resource (RPR) for New Users
    • Benefits & Resources
    • Virginia REALTORS® New Member Resources
    • Virginia REALTORS® Member Benefits
  • REIN MLS
  • Supra
    • Supra – New Member Orientation Video
    • Supra VPAR Sublease Agreement
    • Supra eKey Resources
      • Supra Agent Training Resources
      • Supra eKEY Customer Support
      • Supra Single Access Overview
        • Single Access with eKey – Listing Agent
        • Single Access with eKEY – Instructions for Users
      • Supra Website
        • SupraWEB Customer Support
      • VPAR Supra Rules & Regulations
  • Toggle search form

Local results from Virginia REALTORS Flash Survey – COVID-19 Impact

Posted on April 1, 2020April 1, 2020 By Jim Wetzel

The Virginia REALTORS® has conducted surveys of members on March 27-28 and March 20-21 asking members if and how the coronavirus outbreak has impacted home buyer and seller interest and behavior over the prior week. This week’s survey was conducted over March 27-28. We received responses from 1,753 REALTORS® that had been actively conducting business during the past week.

Highlights from the survey of Virginia REALTORS® members include:

This past week, just 17.9% of Virginia REALTORS® said they had conducted business with no impact related to the coronavirus. This percentage is down from 19.6% in the week ending March 21.
The most common issue has been buyers decided to delay a home purchase. Nearly 3 out of 5 (58.6%) of Virginia REALTORS® reported this issue in the past week, up from 56.3% in the week prior.
On the seller side, 21.8% said they had at least one seller cancel an open house, which was down from 25.8% a week prior. This decline could be, in part, because fewer sellers decided to hold open houses at all, given the Governor’s direction about limiting group gatherings of 10 or more.
More than 11% of Virginia REALTORS® said that they have had a seller remove his or her home completely from the market over the week ending March 28.
In the week ending March 28, nearly half of Virginia REALTORS® (45.5%) said they had postponed bringing a new listing to market.
Details on the survey results are available on the Virginia REALTORS® website – https://www.virginiarealtors.org/2020/03/30/results-from-flash-survey-2-covid-19s-impact-on-buyers-sellers/

As a reminder, we also are continually updating information and resources about COVID-19. Please check the resource page often and direct your members to check it out as well. https://www.virginiarealtors.org/coronavirus/

Lisa Sturtevant, PhD

Chief Economist

Virginia REALTORS® • Shaping the future of real estate.

Tel: (703) 598-1220

10231 Telegraph Road • Glen Allen, VA 23059

REALTOR® Update

Post navigation

Previous Post: Today Is Census Day!
Next Post: Virginia Peninsula REALTOR® Digital Magazine – April 2020

Get Involved – Apply for a VPAR Committee Position 2022

Get Involved – Apply for a VPAR Committee Position 2022

Categories

Donate to support our local housing charities !

Donate to support our local housing charities !

Archives

Support VPAR’s 2022 Peninsula Partners!

Diamond Partner
Diamond Partner
Diamond Partner
Diamond Partner
Gold Partner
Gold Partner
Gold Partner
Gold Partner
Gold Partner
Gold Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Bronze Partner
Bronze Partnre
Bronze Partner

Copyright © 2022 Virginia Peninsula REALTORS®.

Powered by PressBook WordPress theme

Menu
  • Home
  • About VPAR
    • Board of Directors
    • Code of Ethics
      • 2021 REALTOR® Code of Ethics and Standards of Practice
      • Mediation Information
      • Ethics Complaints, Arbitration Requests and Related Information
      • Before you File an Ethics Complaint
      • Ethics Compaint Form (E-1)
      • Arbitration Guidelines
      • Arbitrable Issues
      • Request and Agreement for Arbitration (A-1)
    • Committee & Council Leadership
    • Governing Documents
    • History
    • Past Presidents
    • Privacy Policy
    • VPAR Charitable Foundation
      • Donate To The VPAR Charitable Foundation
      • Support VPAR with Amazon Smile
      • VPAR Charitable Foundation Events
  • Advocacy
    • The Monitor
    • RPAC – 2021 Investors
      • Invest to Support RPAC
    • Submit a request for the Public Policy Committee to review
  • Calendar
  • Education
    • Education Center – Room Rental
    • Education Policy
    • Peninsula Real Estate School
      • Code of Ethics Training with CE Credit
      • REALTOR® Institute – GRI Designation
    • Real Estate Pre-License Saleperson Classes
    • Leadership Development
      • Virginia REALTORS® – Certifications and Designations
      • Virginia REALTOR® Leadership Academy
      • Virginia REALTORS® – Understanding Your Leadership Style
      • Virginia REALTORS® – What’s In It For The Member Presentation
      • NAR Leadership Development Resources
      • NAR REALTOR® LEAD Courses
      • LEAD Peninsula – Virginia Peninsula Chamber
      • LEAD 757 – Hampton Roads Chamber
      • Greater Williamsburg Chamber
      • Virginia REALTOR® Institute – GRI
      • Womens Council of REALTORS
      • REALTORS® EXCELLING IN ASSOCIATION LEADERSHIP (REAL)
    • Online Continuing Education
    • Property Management
      • Property Management Broker Office Policy Manual
      • NAR Rental Assistance Resources
      • CFPB Resources for Tenants – Help with rent and utilities
      • CFPV Media Toolkit for Property Managers
    • Risk Management
    • Virginia REALTORS® Learning Center
    • Virginia REALTORS® Education Calendar
  • Events
    • Annual Awards and Installation Banquet
    • Outstanding Salesmanship Club (OSC) Awards Program
      • Past Outstanding Salesmanship Awards
    • REALTOR® Fest Tradeshow
  • Membership
    • Broker Resources
      • Broker Add Delete Form
      • Designated REALTOR® Dues Formula
      • NAR Broker Involvement
      • NAR Field Guides For Brokerages
      • Residential Broker Office Policy Manual
      • Sales Meetings Kits
      • Virginia REALTORS® Broker Resources
      • Fair Housing, Diversity & Inclusion Resources
        • NAR Diversity & Inclusion Resources
          • At Home with Diversity
          • Bias Override: Overcoming Barriers to Fair Housing
          • FairHaven: A Fair Housing Simulation
        • VAR Diversity Equity & Inclusion Resources
        • Asian Real Estate Association
        • Hampton Roads Association of Real Estate Brokers
        • Hampton Diversity College
        • National Association of Hispanic Real Estate Professionals
        • The Color of Law by Richard Rothstein
      • Legal Corner
        • Legal Articles
        • Legal FAQS
        • Legal Hotline
        • Legal Podcasts
        • Legal Videos
        • Military Air Installation – Property Noise Contour List
        • Signs in Hampton
      • Market Updates
        • Peninsula Market Updates
        • Virginia Market Reports
      • Member Tax Information
      • NAR Membership Benefits
      • National Flood Insurance Program Resources
      • REALTOR® Safety
        • Field Guide to REALTOR® Safety
        • The 10 Commandments of Agent Safety
        • Open House Safety Tips
        • Real Estate’s 6 Most Dangerous Everyday Situations
        • The Safety Talk You Need to Have With Clients
      • Affiliate & Partner Membership Information
        • Affiliate Membership
        • Peninsula Partners
          • 2022 Peninsula Partner Application
      • VPAR Life Membership Information
    • Find A Member
  • New REALTOR® Membership Information
    • REALTOR® Membership Application Process
    • New Member Application
    • 2022 Dues Information
    • VPAR Monthly Membership Dues Payment Plans
    • NAR Code of Ethics Course For New Members
    • NAR New Member Orientation
    • NAR New Member Welcome Guide
    • REALTOR® Trademark
    • REALTOR® Property Resource (RPR) for New Users
    • Benefits & Resources
    • Virginia REALTORS® New Member Resources
    • Virginia REALTORS® Member Benefits
  • REIN MLS
  • Supra
    • Supra – New Member Orientation Video
    • Supra VPAR Sublease Agreement
    • Supra eKey Resources
      • Supra Agent Training Resources
      • Supra eKEY Customer Support
      • Supra Single Access Overview
        • Single Access with eKey – Listing Agent
        • Single Access with eKEY – Instructions for Users
      • Supra Website
        • SupraWEB Customer Support
      • VPAR Supra Rules & Regulations