COVID-19 and the governments’ response to the emergency continues to change rapidly. We believe that the ability to close on real
estate property during this pandemic is essential. Therefore, KCRAR offers the following Best Practices guidance in consultation with the various COVID-19 orders issued throughout our service territory to keep REALTORS®, their clients, and our communities safe. Check back here frequently for the latest news and announcements.
We urge members to thoroughly review KCRAR’s Official Practices and Guidelines for Real Estate Professionals under COVID-19 Ordinances.
Heartland MLS has implemented a new live stream open house option within the Matrix system. We have some best practices to keep in mind when hosting your own live stream open house.
*PPP Loans Deadline Extended to May 31, 2021 for first draw and second draw. Learn more
What Small Businesses Need to Know About the New Pandemic Relief Bill (updated March 26, 2021)
As part of the pandemic relief package, Congress passed several changes to the Paycheck Protection Program (PPP) and created a “Second Draw” PPP for small businesses who have exhausted their initial loan. Other changes impact eligibility for initial PPP loans, the loan forgiveness process, and the tax treatment of PPP loans.
Congress has also made changes to other programs – including Economic Injury Disaster Loans (EIDL Program), the Employee Retention Tax Credit, a Venue Grant program, and SBA loan programs –that will benefit small businesses. (Source: US Chamber of Commerce)
Frequently Asked Questions
Pandemic Relief Resources
On Tuesday, February 17, 2021 President Biden extended the foreclosure moratorium and mortgage relief program until June 30, 2021. Over 10 million homeowners have struggled to pay their mortgage since the pandemic. These actions will allow borrowers to pause or reduce mortgage payments for an additional six months. In a statement, the White House said President Biden is committed to protecting homeownership and housing stability during the pandemic, calling the extended programs “an important step towards building stronger and more equitable communities.”
Learn more here.
The KCRAR REALTOR® Store offers a variety of PPE in-store or for curbside pickup, including masks, disinfectant wipes, gloves and more.
COVID-19 rapid response tests are available to KCRAR members at a discounted rate through a third party. These tests are self administered using just two drops of blood and provide COVID-19 results or presence of COVID-19 antibodies within eight to ten minutes. Use promo code KCRAR to receive a 10% discount here.