5 Disaster Preparedness Tips Real Estate Buyers Need to Know

Real estate is a good long-term investment because its value increases as the years pass. However, there is an essential factor one has to consider when investing in a property. Disaster preparedness is a topic that most real estate buyers overlook. It is not simply inspecting the structure of the building or assessing the location of potential real estate. Even the most secured area can only take the brunt of an unexpected disaster.  

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As a real estate buyer, you would not want to lose your investment in the blink of an eye. You would want to ensure that even amid sudden disasters, your investment will survive. The first key here is preparedness before any disaster strikes.

Once it occurs, your time to prepare for the inevitable is gone. Hence, it’s essential to arm yourself with knowledge regarding these matters. Here are some disaster preparedness tips you need to know before taking on any real estate investment. 

Research the Property Carefully

Realtors and companies display a lot of real estate listings online. However, there is no substitute for doing your own research. It is essential in every business undertaking to make relevant inquiries and validate crucial facts. You would not want to risk your money on unsure and misleading investments.

You might be wondering how to do proper research. The first thing you need to consider is the purpose of your investment. Are you planning to sell or lease the property? Your goal will guide you to specify what you are looking for when looking for a property. Location is vital to attract potential buyers or renters if you intend to market it.

Thorough research will also help you evaluate the site of the property. Think about the following questions:

  • Does it have easy access to nearby hospitals when an emergency occurs?
  • Is there any disaster risk reduction team around the area?
  • Is it located in a safe or danger zone?

By careful and deliberate research, you will discover the significant pros and cons when you invest in the property. 

Assess Potential Risks

Utilize the pertinent information which comes from your research. Since they are your leads to assess potential risks within the property compound. What are these risks and why it is necessary to identify them?

According to UNDRR (United Nations Office for Disaster Risk Reduction), one vital requirement for an effective disaster risk reduction is to consider what could occur. By identifying potential risks, you can strategize, prepare, and act ahead of time. It enhances your capacity to respond and recover from a disaster. 

If you assess that the property is prone to flood, you can opt to modify the building plan or monitor the water alert level now and then. (This also speaks to the psychology of marketing real estate, if you’re interested.) If you find out that the property is situated near the fault lines, you can implement a strict building code in case. The rationale is to take precautions and plan actions.

Protect Your Investment With Insurance

Before closing the deal with your Realtor, take the time to review notable insurance policies. Once you have already acquired the property, make sure it is fully covered by insurance. As a real estate owner, it is necessary to protect your investment.

There are different choices you can make when it comes to insurance. Coverage includes but is not limited to, protection against natural disasters, power outages, and liability. No property is invulnerable to fires, floods, earthquakes, weather-related damages, and other unprecedented incidents. However, when your property is insured, you would not be too devastated by potential losses and damages.

Your choice of insurance coverage depends on your assessment of the potential risks surrounding your property. Be practical. You can cut out specific coverage features in the insurance policy if they are nonessential. Before signing up for any insurance policy, make sure that everything specified on the contract is clear and reviewed. For this reason, never hesitate to ask an insurance advisor to assist you in your decisions. 

Prepare a Disaster Plan

Disasters don’t have a definite time and location. Despite the aid of technology, disaster can still strike anytime and anywhere. One key part of disaster preparedness is having a disaster plan. Start by getting involved with organizations that conduct training about emergency plans. They are more knowledgeable when it comes to strategic approaches.

This disaster plan is not only for protecting your property but also to keep every life safe. A disaster plan will guide you on what to do during a crisis. It will keep you focused and grounded, even in times of disaster, when panic might set in. Since you never know what kind of emergency will occur, there should be a specific plan for each possible catastrophe. 

Secure a Disaster Recovery Plan 

Part of disaster preparedness is to secure a recovery plan. You would never know the exact damages to your property until a disaster happens. However, with a disaster recovery plan, you would know what to do with them. There is a structured approach you can follow so that you can operate smoothly even after the disaster.

The aftermath of any disaster could be hard to absorb. A part of your recovery plan must include the contact information of significant people or agencies. Regardless of how equipped you are, you would need a workforce that can help you out. Depending on your location, reliable websites like this restoration in Maryland can assist you in terms of repairs, restoration, and even tips for disaster prevention. 

Keep in mind that recovery takes a lot of effort, time, and patience. But as long as you have a good disaster recovery plan, no amount of damage can crush you. With the right strategies and protective measures, you can overcome any potential losses after the onslaught of disaster. 


You can never be too prepared for disasters. Most are unpredictable. However, disaster preparedness helps you cope with the consequences of their devastation. With realistic and coordinated planning, lives, properties, and livelihood can be saved. As a real estate buyer, never take any preparation for granted, whether it involves financial or emergency matters.

Tre Pryor, Realtor

Tre Pryor is the leading real estate expert in the city of Louisville. He is a multi-million dollar producer and consistently ranks in the top 1% of Louisville Realtors for homes sold. Tre Pryor has the highest possible rating—5.0 stars on Google—by his clients and is routinely interviewed by the local NBC news. Tre Pryor is a member of the RE/MAX Hall of Fame.