Real Estate Changes due to the Coronavirus

[Patrice Boenzi]

These are difficult times and it seems things are changing quickly. Under the Stay Home order Realtors are considered essential employees. However, not all Realtors are showing properties and operating at full throttle. 

The DECO has added new language to what we can and cannot do. Did you know, in Illinois, we cannot show a property with a tenant in place EVEN if the owner and tenant give us permission? No open houses, no more than 4 people in a property at once and we have to use the 6' social distancing while there. Also, some home inspectors are not allowing anyone in the property with them during the inspection. Some appraisals are being done as "drive-bys", some closing are also being done as "drive-bys" and most Title Companies will only allow the signer into the office. 

Do you have any questions? I would be happy to try to answer them, if I can. 

Here is a blurb from the Illinois Realtors President Ed Neaves

Are real estate open houses and showings permitted? According to DCEO, it depends.

• Open houses are not permitted.
• Showings of occupied rental properties are not permitted.
• Showings of vacant or owner-occupied units are permitted if necessary and scheduled in advance (virtual showings are preferred) but limited to no more than 4 people.

April 1, 2020