What Does Phase 2 Reopening Mean for NYC Real Estate?

4 years ago
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Phase 2 Real Estate FAQ for NYC: https://www.hauseit.com/what-does-phase-2-re-opening-mean-for-nyc-real-estate/
Save 6% When Selling in NYC: https://www.hauseit.com/agent-assisted-fsbo/

In-person real estate activities are permitted in NYC as part of Phase 2, however they are subject to a range of new restrictions and required safety protocols imposed by Empire State Development and the Department of Health.

There are also other suggested best practices from REBNY (The Real Estate Board of New York) and NYSAR (The New York Association of Real Realtors.

These suggested best practices include the use of health screening questionnaires and COVID-19 disclosure forms.

I’m Nick at Hauseit, and in this video we will tell you everything you need to know about how New York City’s Phase 2 reopening will affect the residential real estate market.

Are in-person showings allowed in Phase 2 in NYC?

Yes, in-person showings are permitted as part of Phase 2. Recommended best practices include but are not limited to the following:

Before a Showing:

Agents should ask all potential visitors to a property to first fill out a health screening questionnaire to determine whether said visitors have COVID, have COVID symptoms or have been in contact with anyone who has tested positive for COVID or has COVID symptoms within the past 14 days.

Agents should send a COVID-19 disclosure form to all attendees for e-signature.

Agents should establish with buyers and/or buyer’s agent ahead of time that appointment start and end times are finite in order to allow for appropriate time to clean and disinfect the property in between appointments.

Agents should advise attendees by email prior to the appointment that they are required to wear appropriate face coverings for the duration of the appointment.

Agents must comply with respective building and management guidelines. Prior to arriving for any showing, agents should familiarize themselves with such protocols, including but not limited to, designated hours for showings, elevator usage and access to amenity spaces, etc.
Attending parties should check their temperatures at home to ensure it is below 100.4°F prior to arriving for a showing.

Any party may cancel or postpone a showing without prejudice or penalty upon any indication of Coronavirus (COVID-19), cold or flu-like symptoms.

Buyer’s agent is encouraged to attend via video-conference or other virtual means. In- person attendees should be limited to seller’s agent and buyer, with buyer’s agent attending virtually.
Agent should advise seller(s) and tenant(s) that they must not be present at any point during the showing.

Showing times should be staggered so as not to have the next scheduled buyer/tenant waiting outside for the current showing to end and to allow time for sanitization of frequently touched surfaces.

Licensees and buyers/tenants are encouraged not to bring young children or extraneous guests to property showings, when possible, or leave attended children outside.

During a Showing:

All parties attending a showing must wear appropriate face coverings for the duration of the appointment. Should any party arrive without a face covering, or upon any indication of fever or other illness, either party may cancel or postpone the appointment without prejudice or penalty.

Gloves and shoe coverings can also be required by the owner, broker and/or building management. Agent agrees to establish the PPE preferences of owner(s), tenant(s) and building, as applicable, prior to engaging in any in-person showings.

When possible, seller’s agent should open unit windows to introduce fresh, outside air.
Listing agent must provide alcohol-based hand sanitizer and/or hand soap and paper towels to all visitors upon arrival.

Do not shake hands during in-person interactions.

Agent to instruct attendees to only touch essential surfaces, such as the use of a handrail to go up or downstairs. Consumers should be instructed not to touch other areas or surfaces including cabinets, countertops, appliances, etc.

If Buyer’s agent is not in attendance, seller’s agent should escort buyer to lobby prior to arrival of following appointment.

After a Showing:

Following current CDC guidelines, seller’s agent must clean and disinfect all frequently touched areas and surfaces inside the property upon the conclusion of each appointment.

Agent should not dispose of PPE at the property being shown.

Agent should email seller(s) and tenant(s) to confirm that all frequently touched areas and surfaces have been cleaned and disinfected.

NYC Seller Closing Cost Calculator: https://www.hauseit.com/closing-cost-estimator-for-seller-nyc/
Save 6% When Selling in NYC: https://www.hauseit.com/agent-assisted-fsbo/
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Hauseit LLC, Licensed Real Estate Broker
Tel: (888) 494-8258 | https://www.hauseit.com
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