Clarification re new restrictions on OFIs and Auctions.
Date: 25 Mar 20
Last night Prime Minister Scott Morrison announced new limits on gatherings. The announcement stated that open house inspections, auction houses, gatherings in auction rooms and real estate auctions can no longer continue.
We have received clarification from CAV on the scope of these restrictions:
- Inspections by appointment for sales and rentals can continue
- Auctions via online methods can continue
CAV will be notifying all real estate agents later today.
Please note, the restrictions announced are to limit public gatherings and not the business of real estate. Please use your judgement and avoid unnecessary in-person interaction as far as possible.
No further information has been provided at this time regarding leases.
The Premier has stated that further restrictions are expected in the near future. The situation continues to evolve so it is important that you review your work practices and monitor the advice daily.
Keep up to date with any real estate related updates regarding COVID-19 on the web page
www.reiv.com.au/covid-19.