COVID-19 Idaho REALTOR® Updates

A Message from Idaho Real Estate Commission Chair, Jill Stone & Idaho REALTORS® President, Marion Wadsworth.

It recently came to our attention that some potential buyers were allowed in a home while their agent stayed outside. The agent stated they were staying outside for social distancing purposes. We see this situation as an opportunity to clarify and educate all real estate professionals across the state. To that end, we expect all Idaho licensees to follow local, state, federal, and CDC guidelines, while also being mindful of their ongoing duties under real estate license law, the REALTOR® Code of Ethics, their client representation agreements, their keyholder agreements, and any instructions in MLS remarks. Failure to accompany clients into a home is a violation of agency duties and license law and can result in a complaint, an allegation of unethical behavior under the NAR Code of Ethics, and/or legal liability for yourself or clients.


As real estate professionals, we know you constantly strive to provide your clients with the most ethical and zealous service possible. COVID-19 does not change this nor excuse or negate your responsibility to accompany clients into a seller’s home or property. 

Understanding there may be concerns about COVID-19 and interacting with clients, here are some helpful tips: 

1.   Frequently wash your hands with soap and water or use hand sanitizer; 

2.   Wear a mask and encourage clients to do the same; 

3.   If a buyer is ill, showing symptoms, or suspects they have been exposed to the COVID-19, flu, etc., they should not be entering any property, relying instead on virtual tours or showings while they self-isolate per local, state, federal, and CDC guidelines; and 

4.   If an agent is ill, etc., we recommend they coordinate with another agent to handle any in-person showings or activities on their behalf while they self-isolate.

If you have questions please feel free to reach out to us:
Idaho Real Estate Commission at (208) 334-3285 or Idaho REALTORS® at (208) 342-3585

REALTOR® Safety Tips & Resources

In response to the Coronavirus, Idaho REALTORS® is focused on the health and safety of our members, their families, clients and communities. We want to provide you with the most up-to-date and accurate information as this situation unfolds. To that end, we want to share the following with you (below): general information from the CDC on the Coronavirus; industry specific information for REALTORS® from NAR; and websites where this and other important information can be found.  

Top 4 Resources for Updates

Click HERE – Stages of Reopening Idaho: Idaho Rebounds!

Click HERE – Centers for Disease Control & Prevention (CDC)

Click HERE – Idaho.gov Novel Coronavirus

Click HERE – National Association of REALTORS® Guide

Top 3 Precautionary Measures To Take

  1. Stay home or consult a physician if you have a fever, cough, shortness of breath or any other cold or flu-like symptoms.
  2. Wash your hands frequently with soap and water for at least 20 seconds. If soap and water aren’t available, use an alcohol-based hand sanitizer. 
  3. Practice social distancing by staying out of crowded places, avoiding group gatherings, and maintaining distance (approximately 6 feet) from others when possible.

Resources

Resources for Members

Idaho REALTORS® has developed a new RE-19 Addendum and updated its Buyer and Seller Representation Agreements to assist with unique circumstances arising from the COVID-19 pandemic. Please review and click here: Idaho REALTORS® Instructional Forms Videos for how and when to use the addendum and updated RE-14 and RE-16 forms before accessing the documents.

Access the new RE-19 Addendum and updated Buyer and Seller Representation Agreements through our form vendors: Form Simplicity and Instanet.

Click HERE for the new RE-19A COVID Release. The form is available in Form Simplicity and Instanet. Please review and click here: Idaho REALTORS® Instructional Forms Videos for how and when to use the RE-19A COVID Release.

COVID-19 Financial Assistance Programs

The Pandemic Unemployment Assistance (PUA) is an extension of the unemployment insurance program to cover individuals impacted by COVID-19, including independent contractors, self-employed or other categories that would include REALTORS®.
  • Apply for traditional unemployment insurance as self employed. 
  • Do NOT include the brokerage. 
  • You will likely be denied.
  • Save the denial notice (this will be critical later under the PUA Program).
  • Continue to update your information as required by the department. 
  • When PUA is available you’ll have proof via you were denied the UI so you can apply for PUA.
  • Please apply for benefits online and continue to submit your weekly certifications. 

APPLY for PUA HERE: https://www2.labor.idaho.gov/ClaimantPortal/Login?ReturnUrl=%2fClaimantPortal

Click HERE: Pandemic Unemployment Assistance PowerPoint

Claimant FAQs & Common Questions HERE: https://idahoatwork.com/2020/03/18/faqs-about-unemployment-insurance-and-covid-19/

Other Unemployment Resources HERE: https://www.labor.idaho.gov/dnn/COVID-19


Economic Injury Disaster Loans (EIDL) and Paycheck Protection Program (PPP) funds have currently run out. Additional funds from Congress have been requested!

  • If you already applied for an EIDL, you will NOT lose your place in line while more funding is pending.
  • If you have NOT applied for an EIDL but want to apply, then gather all of the information and complete an application for when the SBA begins accepting more applications.
  • If you already applied for a PPP, you will want to check with your bank to see how they are handling applications in the interim.
  • If you have NOT applied for a PPP but want to apply, then check with a SBA lender to see how/when they will accept new applications. Details may vary from bank to bank.

Idaho Local Lender List HERE: https://www.sba.gov/offices/district/id/boise/resources/idaho-local-lender-list


SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic. 

  • SBA will automatically pay the principal, interest, and fees of current 7(a), 504, and microloans for a period of six months.
  • The SBA will also automatically pay the principal, interest, and fees of new 7(a), 504, and microloans issued prior to September 27, 2020.
  • SBA provides local assistance via 68 district offices and a nationwide network of resource partners. 

Types of 7 (a) Loans HERE: https://www.sba.gov/partners/lenders/7a-loan-program/types-7a-loans

Additional SBA Debt Relief HERE: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/sba-debt-relief

Find SBA Resources Near You HERE: https://www.sba.gov/local-assistance


NAR Programs & Guidance for REALTORS®

NAR REALTOR® Benefits Program: https://www.nar.realtor/realtor-benefits-program/personal-insurance/members-telehealth

NAR Aid and Relief Security Act: https://www.nar.realtor/coronavirus-aid-relief-and-economic-security-act

NAR Guide for associations: https://www.nar.realtor/ae/coronavirus-a-guide-for-realtor-associations

NAR Guide for REALTORS®: https://www.nar.realtor/coronavirus-a-guide-for-realtor

Resources for Brokers

Essential Services Letter Disclaimer

The language provided herein is provided as a courtesy to brokers.  Due to the fact that the COVID-19 situation is constantly changing, no one other than the broker can make the determination and interpretation as to what is appropriate under any certain circumstance.  Use of this language cannot be recommended or determined on a state or local level.  Brokers should review all courtesy language provided and, in consultation with of their trusted professionals (legal counsel, accountants, insurers, etc…)  make a determination of which language, if any, is appropriate to use in their practice and/or in their client’s transactions.  Brokers should consider all state, county and city orders, rules and laws.  Any individual using the language provided assumes all liability for said use. 

Click HERE – Essential Service Letter Template

Broker Sample Preparedness Plan

NAR has provided the following resource for brokers to use in their offices in response to COVID-19.

https://www.nar.realtor/sites/default/files/documents/SAMPLE-Preparedness-Plan-COVID-19-v2-031920.pdf

Resources for Property Owners

The following resources provide property owners with assistance during the COVID-19 crisis.

Click HERE – Protect Your Investment: A Guide for at Risk Homeowners

https://www.nar.realtor/coronavirus-resources-for-property-owners

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