On May 1, Gov. Wolf announced that 24 counties would be moved into the “yellow phase” of his reopening plan as of May 8. This announcement now moves real estate into new territory, so I spoke with PAR Director of Law & Policy Hank Lerner, Esq., and PAR Director of Public Policy & Political Affairs Alex Charlton about what this means for the profession, and what PAR is continuing to do on the legislative front.
Hank and I discussed the confusing sets of rules that are now allowing some in-person activities in certain transactions. Beginning on May 8, certain in-person real estate activities such as showings, appraisals, inspection, final walk throughs and closings will be allowed for transactions where the property is located in a yellow-phase county. Until May 8, and for properties in red-phase counties after May 8, those activities can occur only for a limited number of transactions where the buyer’s property was already under contract prior to the business closure order of March 19. Listen to the first part of the video for more information on what it all means and to get more information on the types of resources PAR will be providing starting next week
With Alex, we talked about PAR’s ongoing legislative efforts to get real estate reopened on a statewide basis. The association continues to be shocked that the governor’s office seems to simply to ignore our repeated efforts to discuss reasonable efforts to open up a profession that is such a huge part of the commonwealth’s economy – and a profession that seems to be operating well within safety guidelines in just about every other state. Learn more about the details of our efforts in the second part of the video, including some of our next steps in pursuing this important and common-sense legislative fix.
Please be sure to keep an eye on PAR’s coronavirus resource page for the most up-to-date information. Our FAQs have already been updated with the basic information from the latest developments, and we will continue to provide information as things develop further next week.