HOUSTON – The Houston Association of Realtors (HAR) has suspended the display notices of open houses on their website due to the COVID-19 outbreak.
In addition, HAR is waiving third quarter Multiple Listing Service fees for most firms.
Many national real estate franchises and brokerage firms have either canceled all in-person open houses or are strongly encouraging their agents not to hold them.
Realtors are urged to use virtual open houses and video tours to help slow the spread of the coronavirus.
For those involved in the sale or purchase of a home, Texas Realtors has published the COVID-19 Addendum. The document provides a 30-day extension of the closing date in a residential sales contract if the closing cannot occur due to a voluntary or mandatory COVID-19 quarantine or closure.
Get more COVID-19-related news on the Real Estate Center's website:
Source: Realty News Report
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.