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COVID-19 / Coronavirus Information - Updated 6:11PM on March 29th


Dear EDCAR Members:


We will be updating this page periodically with information on how the COVID-19 outbreak is impacting your business, and also some helpful tips and tricks for working remotely during this time.


COVID-19 / Coronavirus Information
(Please note the sites below are third-party data sites, EDCAR is not responsible for the data displayed, or the accuracy of the information)


United States Live Updated COVID-19 Statistics
Worldometers Case Tracker
CDC COVID-19 Information
World Health Organization Information on COVID-19
El Dorado County COVID-19 Information
EDC Directive - Clarifying Restrictions on Short Term Rentals


FINANCIAL RELIEF FOR REALTORS®

 

Information about REALTOR® Relief financial assistance programs available now.

 

Current Important Updates/Information:



    Residential real estate now listed as an essential service:
    Click Here
    Today, the U.S. Department of Homeland Security Cybersecurity and Infrastructure Security Agency (CISA) updated its list of essential services during the coronavirus (COVID-19) crisis and expressly included residential real estate. Since Governor Newsom’s March 4, 2020 order incorporates this list, the order now includes residential and commercial real estate, including settlement services, as essential services in California. However, if a city or county has an order with a more restrictive standard regarding what qualifies as an essential service, or more restrictions on activities, those guidelines will still govern the activities of a licensee. EDCAR is reviewing the El Dorado County Directive, and members should wait to hear from EDCAR as to whether or not certain aspects of real estate services can continue in our county. We will update you after we discuss the guidelines with our legal team.

     


     

    2. The El Dorado County Association of Realtors is working on hosting virtual marketing meetings for our members. These virtual meetings will take place in lieu of our Wednesday Diamond Springs Tour Meetings, and our Thursday Cameron Park and Pollock Pines tour meetings. We will update you with information on how to participate in these meetings as soon as logistics are solidified.


     

    Congress passes $2 trillion stimulus plan; vital relief for REALTORS® included

    The $2 trillion package includes provisions that may assist our members through this crisis. C.A.R. worked with NAR to ensure these REALTOR®-supporting provisions remained in the final bill:

     

    Forgivable SBA Loans - Under the CARES Act, self-employed independent contractors may qualify for forgivable SBA loans. Under this program, borrowers who take out 7(a) SBA loans between February 15 and June 30 may be forgiven loan amounts for certain business expenses. C.A.R. urged Congress to include this provision; as independent contractors, REALTORS® do not have access to the safety net of unemployment benefits afforded to millions during this crisis.


    Pandemic Unemployment Assistance – Those persons not otherwise eligible for unemployment insurance, such as independent contractors, will be able to obtain unemployment assistance for up to 39 weeks.


    Direct Payments to Taxpayers – Individual taxpayers with adjusted gross annual incomes of up to $75,000 will receive a rebate check of $1,200 ($2,400 for married couples with gross annual incomes up to $150,000). An additional $500 may be given per child in the household. This rebate amount decreases for incomes above those amounts and is completely phased out for individual incomes exceeding $99,000 ($198,000 married).


    For more information on how to access benefits included in the CARES Act, see our FAQs on Financial Resources for REALTORS® and Financial Resources for Brokers. We will continue to keep you updated as more information becomes available.

     


     

    4. Temporary Feature – “Ask DRE Licensing” By Email - In addition to the public phone line, DRE is temporarily answering Licensing related questions by email at Ask.DRELicensing@dre.ca.gov.

     


     

    5. C.A.R. President Jeanne Radsick Gives an Update on Support for Your Transactions and Providing Relief

     

Relief for REALTORS® as Independent Contractors

 

As independent contractors REALTORS® do not have access to the safety net of
unemployment benefits afforded to millions of salaried and hourly workers.


On March 19th, C.A.R. sent a letter to the California Congressional Delegation to ask
Congress to include forgivable SBA loans for self-employed independent contractors in
the next bill providing economic stimulus and relief during the coronavirus crisis. Under
California’s order, real estate sales, rental leasing, and all the ancillary industries directly
involved in these activities will come to an immediate halt. An SBA loan, even with zero
interest rate, will do most independent contractors no good if they are unable to perform
their work to pay the loan back. CAR and NAR ask Congress for aid for REALTORS®


Additionally, thanks to the first round of stimulus (Coronavirus Preparedness and
Response Supplemental Appropriations Act, members can apply online for Economic
Injury Disaster Loans (EIDL) SBA Disaster Loan Assistance


Association Business Operations & Policy:


Good news, we are still able to assist you during this time!

 

In order to comply with social distancing directives, and shelter in place orders due to COVID-19, EDCAR staff is currently working from home. All business inquiries should be directed to dwoodard@edcar.org or jrussell@edcar.org. You may also still call the Association at 530-676-0161 during normal business hours.

 

We have worked with our tech department to establish a full remote workstation, and we are able to provide you with a majority of your Association needs. Here is currently a list of the services we will still be providing remotely:


New Agents and Membership Activation
Agent Transfers / Box Transfers / Listing Transfers
General MetroList Admin Support
Supra Ekey Support and Activation
Supra Ekey Re-Authorization and Troubleshooting
Over the Phone training & Email Support
Association Payments and Membership Activation



Here is a list of services that will not be available during this time, or must be provided via Appointment:

 

Sign Riders & Open House Materials
Real Estate Products
*Supra Ibox Purchases
In person Training Sessions
Committee Meetings & Gatherings

*If you are desperately in need of an Ibox during this time, you may contact dwoodard@edcar.org and we can see about scheduling an appointment to pick-up a box at the Association office, pending El Dorado County is not under a shelter in place directive.

 

Our staff will do our best during this difficult time to provide you with the highest level of service we can possibly provide in these circumstances. We hope that everyone is understanding, and realizes that unforeseen events may restrict or delay services that we would normally provide very quickly.

 

C.A.R. Resources

 

Resources for Members - C.A.R. is working around the clock to help members during this
crisis:


Legal Hotline & Legal Webinars


• Call the Legal Hotline: 213-739-8282.


• View recorded webinars on the coronavirus addendum and more here
https://www.car.org/riskmanagement/live


• The latest Legal webinar was on March 23rd and discussed the Coronavirus
Addendum/Amendment


Transaction Rescue
• During the COVID-19 pandemic, we are seeing a huge rise in issues related to
closing and appraisal timelines, County Recorder’s office closures, concerns
around rate locks and change in employment status. C.A.R.’s Transaction
Rescue™ is a free member benefit providing one-on-one assistance with these
as well as any other finance related issues in the transaction. Call 213-739-8383.
Coronavirus Microsite/Weekly Newsletter – up to the minute updates on resources
for REALTORS®


• Please visit https://www.carcovidupdates.org/ for the most up to date
information.


• For Brokers - For Broker/Owners | Coronavirus.


• Every Tuesday members will receive the California Coronavirus Weekly Recap
with a weekly digest of critical news for you and your clients. Check your inbox
for an email from news@car.org on Tuesdays.

 

C.A.R. Interim Coronavirus Addendum/Amendment


    More Information – CAR Form CVA
    The recent events surrounding the spread of the Covid-19 strain of the coronavirus has led to many questions about the continued enforceability of real estate contracts under the circumstances. Rather than risk an uncertain outcome in court or arbitration over such disputes, Buyers and Sellers may elect to address the unanswered issues contractually. This form allows parties to agree on a way forward for existing contracts and address potential issues in contracts that have not yet been formed. Click the link above for more information.

Realtor Resources

 

National Association of Realtors Resource Page
In response to the growing concerns about COVID-19, commonly referred to as coronavirus, NAR is providing this guidance to help REALTOR® associations respond to the coronavirus's impact on the real estate industry. Click the link above to learn more.


COVID-19 Resources for Owners
For members to share with property owner clients: An NAR resource — updated daily — lists assistance for property owners by federal agencies, banks, mortgage loan servicers, and others during the COVID-19 crisis.

 

California Association of Realtors Resource Page
C.A.R. encourages all members to stay up to date on the outbreak of the novel coronavirus COVID-19, which is currently sweeping the globe. Click the link above to learn more.


Virtual Meeting Assistance for Brokers / Office Managers


There are a multitude of various virtual meeting platforms that you can utilize during this time for your office meetings. Many smartphones also offer capabilities for you to video conference and assist your agents.


The Association is utilizing Zoom, which is easy to set-up and is very intuitive. Here is some information on the program:


Zoom Website
Getting Started with Zoom – Training Materials


Open House Information

 

Realtor Open House Guide
The Associations goal is to keep members informed about the evolving COVID-19 pandemic, its impact on the real estate industry, and to provide guidance on the many difficult decisions members are tackling on a daily basis. Consider how you may continue providing first-class services to clients, while also exemplifying REALTORS® as community leaders by demonstrating care for the health and well-being of clients, colleagues and the greater public welfare in reducing the risk of exposure to, and spread of, COVID-19. Click the link above to learn more.


Advocacy Efforts

 

NAR Advocacy FAQ
Coronavirus Emergency Legislation: What REALTORS® Need to Know


MetroList Resources & Information


MetroList Video Response on COVID-19
With the onset of COVID-19 around the world, Dave Howe offers his thoughts as to how Real Estate professionals are reacting to be proactive with their own business actions. Mark Soto, a Coach with Movement Mortgage, reached out to Dave earlier this week to have some of his questions answered to help him with his personal endeavors. Honor Radio is pleased to have Dave Howe able to shed his personal viewpoint during the current situation due to the Corona Virus. Click the link above to view.


MetroList Resource Page
The COVID-19 crisis is unprecedented. We must do everything we can to help slow the spread of the virus. MetroList continues to closely monitor mandates issued by government leaders and public health experts at the local, state, and national levels. We are also following information and guidelines produced by the National Association of REALTORS and California Associations REALTORS. Click the link above to view more


El Dorado County Recorder Clerk Office Notice

 

Official Record Recordings – Electronic recording through title companies will remain unchanged. We
will process documents through the mail as usual. We have a drop box available at the front of
Building B located at 360 Fair Lane in Placerville, CA 95667. Please visit our website at
https://www.edcgov.us/Government/CountyClerk/Pages/forms.aspx for forms and fees.

 

Check with our Trusted Affiliates during this time for how they can assist you

 

Please check in with our Affiliate members to assist you, many of them are still able to offer support during this time!
EDCAR Affiliate Roster - CLICK HERE

 

We will be updating this section throughout this process with more tips and changes. If shelter in place directives maintain for an extended period of time we may see more creative efforts in place to assist in the transaction. If you are an Affiliate and you would like to contribute to this section, please email dwoodard@edcar.org.

 


 

Appraisals - What Homeowners Can Do To Assist The Appraiser During The Coronavirus Pandemic
View our Appraisers Here



 

Insurance - Many insurance companies are able to operate remotely, and will continue to assist your clients during the pandemic. Check in with your preferred agent to see what services they offer, and how they can facilitate you virtually.
View our Insurance Agents Here

 


 

Mortgage & Loan - Many Mortgage & Loan companies are equipped with the tools and resources to help your clients close home loans during the pandemic. Multiple options are available to complete the process remotely, from online applications and e-verification, to uploading financial documents. In addition if notary options are unavailable, Remote Online Notary may be an option (Remote Online Notarization (RON) is not available in all states and certain loan types may not be eligible. Restrictions and limitations apply; please ask your lender for details)
View our Mortgage & Loan Officers Here

 


 

Title Companies - Title Companies are also equipped with a multitude of tools to assist you virtually. As mentioned in the County Recorder memo, electronic recording options through title companies will remain unchanged. Please check with your title company to see what other great tools they can offer you.
View our Title Companies Here

 
   
El Dorado County Association of Realtors® - 4096 Motherlode Drive - Shingle Springs CA 95682 - Copyright (c) 2015 by EDCAR - All Content is Copyrighted - All Rights Reserved