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OREA Calls for End to Real Estate Open Houses During Ontario State of Emergency

TORONTO, ON – The Ontario Real Estate Association (OREA) is calling upon all Ontario REALTORS® to immediately stop holding open houses during the Province’s COVID-19 State of Emergency. As community leaders, Ontario Realtors need to do their part in protecting the health and safety of their clients and the general public. While open houses are a common real estate practise that help sellers achieve good value for their homes and educate potential buyers about a property, these factors are secondary to protecting the health of Ontarians and limiting the spread of COVID-19.

“I am calling on all Realtors to cease holding open houses during this crisis and advise their clients to cancel any that are planned,” said Sean Morrison, OREA President. “If a client has an urgent need to sell or buy a home during the COVID-19 crisis, there are other real estate tools that Realtors can use for showing a property including virtual tours. Let’s put our clients and communities first and focus on protecting the health and safety of all Ontarians.”

OREA has repeatedly encouraged its Members to follow Government and Public Health recommendations to help stop the spread of COVID-19 including following the clear advice of the real estate regulator, the Real Estate Council of Ontario (RECO). Across Ontario, real estate companies, brokerages and local real estate boards have asked their Members to follow government recommendations, practise sensible social distancing and end open houses during the crisis.

“I understand that Realtors will continue to receive requests from clients for open houses or showings” said President Morrison. “My message to my fellow Ontario Realtors is clear: you are trusted advisors and professionals. Encourage your clients to use technology that facilitates remote interactions and especially avoids large groups that can happen during open houses. Every Realtor has access to modern tools such as virtual showings, video conference calls and digital signing. Now is the time to use them or, if you can, wait until the State of Emergency is lifted.”

Original post:
https://www.orea.com/News-and-Events/News-and-Press-Releases/Press-Releases/March-21-2020

In these crazy times, it is essential to stay safe and practice social distancing. If you have any questions or concerns, whether you are a buyer, a seller, or just have some questions about real estate during the COVID-19 Coronavirus pandemic, contact me! I am available 24/7 online.

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Buying and Selling a Home During the Covid-19 Pandemic

Houses still need to be sold and bought – but how do we conduct those transactions in a social distancing new world?

As we enter this unprecedented time of unknown, one this is still constant – the real estate market is still hot. It may be weeks or months before our economy shows the relating numbers to real estate and a drop if any. People still need to move.

What can you do as a buyer or seller? 

Sellers

Opt for a realtor who will do everything virtually. A virtual tour for your property which enables the public to see the house thoroughly. The video will reveal every aspect of each room.

Buyers

As a buyer, you can review these virtual tours and set up a  Facebook live tour where you can ask questions of the realtor and direct the tour.


We can insert clauses in our offers to protect both buyer and seller and every brokerage is paving the way of this new world upon us.

Lenders

Lenders are overwhelmed with calls for refinancing as some homeowners may be needing to refinance their property and want to stay ahead of the game.


Deals are still being managed but some lenders are running on skeleton crews and are having a hard time keeping up with the demand.  

Proactive

Please, be patient and put aside some time, which we all seem to have right now, to make a list and make calls to your credit card providers, utilities, loan providers for cars or rec properties or rec vehicles, insurance companies, etc. 

Make contact with any one of your service providers and see what they are doing to help you if you are one of the employers hit immediately with a shutdown. 

The best thing to do is to contact your bank or lending institution through one of these numbers and see what your first steps are.

I am conducting all deals virtually and can help you navigate this new time.

Please don’t hesitate to Contact Me