COVID-19 Idaho REALTOR® Updates

A Message from the Office of Governor Brad Little

News Release: May 14, 2020

Idaho small businesses can obtain a 30-day supply of personal protective equipment (PPE) for their employees and patrons!

Boise, Idaho – Governor Brad Little announced today that small businesses have a new resource to access masks, gloves, and sanitizer as the state enters Stage 2 of the four-stage Idaho Rebounds plan to safely and responsibly open Idaho’s economy.“Health and the economy are not mutually exclusive – they are interconnected,” Governor Little said. “It’s been a challenge for small businesses to acquire PPE in quantities appropriate for their size. We don’t want the lack of access to PPE to inhibit small businesses from opening, and this new resource is an interim bridge to help them get back to work safely and build consumer confidence while the supply chain normalizes.”

Click HERE: Request Personal Protective Equipment (PPE)

Click HERE: Idaho Rebounds Plan

Idaho is leading the country in its support of small businesses during the COVID-19 pandemic. Earlier this week, Idaho small businesses started applying for the Idaho Rebound cash grants. Governor Little made $300 million available to small businesses in direct cash support – more than any other state. Idaho’s handling of federal relief funds and prioritization of small businesses has drawn praise from the White House.Ninety percent of businesses were able to open their doors on May 1 when Idaho entered Stage 1. Many more began offering curbside services since mid-April. As Idaho enters Stage 2 on Saturday, 95-percent of Idaho businesses will be able to open their doors as long as protocols are followed.

Click HERE: Apply for Idaho Rebound Cash Grants

Click HERE: Stage 2 Business Protocols

Governor Little also said he decided to modify the 14-day self-quarantine requirement for out-of-state travelers coming to Idaho. Only visitors from hot spots – places with prevalent community spread – are required to self-quarantine for 14 days after entering the state. The move should help Idaho’s vital tourism industry while keeping Idahoans safe.

Click HERE: FULL details on “Idaho Rebounds” Stages

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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