A primer on navigating real estate transactions during a pandemic

As the COVID-19 pandemic drags on, real estate salespeople and brokerages are drastically changing their operations to suit the new reality. The Real Estate Council of Ontario (RECO) is keeping members up to date about the changes required to move forward in this challenging time. Here are key points to keep in mind.

Closing dates, deposits and visits. The closing date of any real estate transaction cannot be changed unless there is a written amendment to the agreement of purchase and sale (APS), with both parties signing on. For more, click here.