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State says virtual tours only

(Credit: Zenplace)

New York State has clarified its position on residential and commercial showings, saying that while they have been classified as “essential business,” they can only be done virtually.

  • Worth Noting: The Empire State Development is tasked with determining which businesses are essential and said: “Brokers can only transact business in their offices or show properties virtually, and anything else is off limits.”
  • Bottom line: Under the guidance, brokers can visit properties to conduct virtual showings, and they can oversee transactions or signings at their offices as long as they follow social distancing protocols. Appraisers and inspectors can also visit properties for inspections, TRD reported.

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