News

Realtors to push back on non-essential sales but market still active

Realtors to push back on non-essential sales but market still active
Business
TORONTO - The novel coronavirus outbreak is pushing some realtors to turn away all but the most desperate clients as they try to do their part to help maintain social distancing and stem the pandemic.

Darren Slavens, a broker and vice-president at Toronto-based Slavens and Associates, says it’s “just wrong” for people to list or shop for homes if they don’t need to, since everyone should be doing what they can to isolate themselves.

But he says that since the property market in the Greater Toronto Area was in such a frenzy before the outbreak, the recommendation to stay home hasn’t discouraged market activity as much as it should.

Said Warde, a realtor with Royal LePage, says he’s only taking out people who are in a situation where they absolutely need to buy and says he would try and talk potential buyers who are only looking for a bargain out of shopping for a home right now.

Real estate boards have in the past week issued increasingly stringent guidelines to avoid open houses and in-person meetings, and some are also calling for all non-essential activity to end.

Ontario Real Estate Association president Sean Morrison said the designation of realtors in the province as an essential service is there to help those in need, but that it’s “not business as usual.”
Read more on Toronto Star
News Topics :
RELATED STORIES :
Business
TORONTO The Toronto Regional and Ontario real estate boards have urged realtors to stop holding open houses because of the COVID 19 pandemic, following a similar move by the Greater...
Entertainment
TORONTO The Toronto Regional and Ontario real estate boards have urged realtors to stop holding open houses because of the COVID 19 pandemic, following a similar move by the Greater...
Top Stories
Mayor John Tory and Ontario Finance Minister Charles Sousa have hinted that changes to real estate industry practices could be part of the solution to cooling — without killing —...
Business
Fines for rule breaking realtors should be double what they are now so the potential penalties keep pace with the province’s rising housing market, says the Ontario Real Estate Association OREA ....
Business
COVID 19 has pushed Toronto area home sales off a cliff. But while prices may stall while people stay home from work, many real estate experts are predicting they will pick...