HAR PUSHES MEASURES TO SAFEGUARD THE LOCAL REAL ESTATE MARKETPLACE IN THE WAKE OF CORONAVIRUS’ RAPID SPREAD
HOUSTON — (March 20, 2020) — The HAR.com Board of Directors has taken action to ensure a safer real estate marketplace as the coronavirus pandemic spreads. Effective immediately, open houses will not be displayed on HAR.com for most Texas markets, including Houston and Austin. Most of the national real estate franchises and many large brokers have either cancelled all in-person open houses or are strongly encouraging their agents not to hold them. Realtors are urged to utilize virtual open houses and video tours to help slow the spread of the coronavirus.
“HAR is committed to doing its part to ensure that our Realtor members and real estate consumers are not unnecessarily putting themselves at risk of exposure to the novel coronavirus,” said HAR Chairman John Nugent. “We appreciate that many folks want to continue conducting real estate business, but HAR, along with the Austin Board of Realtors, believes this is the most responsible and health-conscious way to operate at this time,” he added.
As California, Pennsylvania and New York have all issued orders for most of their populations to stay home, many Realtors in Texas will continue to provide services remotely. HAR has tools in place, such as online transaction management, e-signatures, an Internet-based Multiple Listing Service, and all of the tools available on HAR.com and its associated mobile app.
For those involved in the sale or purchase of a home, Texas Realtors has just published the COVID-19 Addendum (TXR-2520). This document provides for 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.
In an effort to ease the financial burden on its subscribers during this challenging time, HAR is waiving Q3 Multiple Listing Service (MLS) fees for all subscribers who are current with their Q2 payments.
Founded in 1918, the Houston Association of REALTORS® (HAR) is a 40,000-member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association/board of REALTORS® in the United States.