Abrupt return to work for some blowing holes in real estate deals

Source: Miami Herald — 

“Who would have been dumb enough to buy a house based on a temporary situation?” That question was recently posed on Inman Coast to Coast, a public real estate discussion group on Facebook. The answer, of course, is “lots of people.”

And now that the country is reopening and some companies are calling their employees back to the office, more than a few pandemic-inspired buyers are having a change of heart.

Christopher Paul of Keller Williams Realty in San Diego told the group his team has lost two deals in recent weeks: One buyer dropped out because his employer “abruptly changed” its work-from-home policies, while the other was a seller who was told he needed to be in the office more frequently.