The Toronto Regional Real Estate Board (TRREB) is asking its realtors in the Greater Toronto Area to stop conducting in-person open houses for the time being and consider virtual alternatives.
“Realtors are reminded that there are alternative online and virtual marketing opportunities for sellers that can easily be accessed by buyers,” said TRREB CEO John DiMichele. “We encourage members to use alternative marketing strategies such as video and virtual tours wherever possible, and to continue to follow directives and guidance being given by the government and public health agencies.”
TRREB will be suspending open houses on its Stratus MLS system and its public facing websites until it is safe to restore, and will also not enforce its MLS R-345 dealing with showings and inspections while the current government health advisories remain in effect. Property listings on the MLS system will not be suspended because a property is not available for showings or inspections, which is what the rule requires.
“We’re at a critical phase with this pandemic and we all have to do our part to be successful in confronting this challenge in order to protect the health and safety of realtors, their clients and the general public,” urged TRREB President Michael Collins.
To assist with best practices, realtors can access resources here.
Will real estate agents who are impacted by the virus regulations be eligible to apply for the $2000 monthly benefit if they cannot work because clients are hesitant to make decisions at this time.
Real estate offices are closed and it’s impossible to market for new business in the current environment where people have been told to stay at home.