Hi Everyone,

It has been a busy week, so let me share what’s been going on.

We were recently deemed an “essential” business, which means agents can start selling houses again with a few caveats in place.

  • By appointment only via virtual tour
  • If virtual tour is unavailable, only 2 individuals allowed inside the home (as long as it’s vacant)
  • No in person showings if sellers reside in the home
Our designation of becoming “essential” was argued for by industry advocates, and I was not one of them. The most recent projections of infections and death from the pandemic looks more dire than ever.  We all make very personal decisions as to how we conduct our business, and I choose to stay at home like I did from the very beginning of SIP.

 


More inventory

You will notice an uptick of available inventory when you’re surfing Compass – Zillow/Redfin. That’s because a portion of listings changed status from “hold” to “active”. Hold status allowed agents only to preview what’s coming while Active is live to the consumer. Some agents see the new designation as business as usual thus changing the status to start selling again.


News on property taxes due April 10

Here’s a message from the Treasurer’s office;

“While we cannot change the state law that sets the April 10 property tax deadline, taxpayers who are unable to pay on time for reasons related to COVID-19 should submit a request for a penalty waiver online. Please note that penalty waivers will not be accepted until after the property tax deadline. Click here to read the full statement from Treasurer José Cisneros.”


The CARES Act

As you know, the government approved the $2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act which will help millions of people in this critical time. Perhaps even you.  The New York Times has an excellent FAQ with details here.


And here’s COVID’s impact thus far

 

I’m sending you my best. Call me if there is any way that I can help you, seriously!
Stay safe and I will see you soon.

Closing Notes with Par

I’m here if you need me, feel free to reach out anytime 415.307.5110 or par@parhanji.com.