Online sales are beginning to alter the traditional sales practices for real estate developments. (Contributed)

Okanagan real estate board agrees with provincial call to halt open houses

Board says there are many other way for Realtors to sell the homes that need to be sold

The Okanagan Mainline Real Estate Board (OMREB) agrees with a call to halt open houses for real estate sales and rentals in B.C.

This morning, the Real Estate Council of BC called for the temporary halt of all open houses across the province Thursday (Nov. 5) in response to the COVID-19 pandemic.

“It’s always up to the sellers if they do want to do an open house or not, but we just strongly recommend they don’t, especially during a time when the public health officer says it would be prudent not to,” said OMREB president, Kim Heizmann, Thursday afternoon.

With the rising COVID-19 numbers, Heizmann said the OMREB believes this to be the right decision until coronavirus numbers change.

READ MORE: B.C. realtors asked to halt open houses due to spike in COVID cases

READ MORE: B.C. breaks records with 425 new COVID-19 cases; test positivity rate of 3.8%

In terms of how this new recommendation may affect the local real estate market, Heizmann anticipates it will be fairly seamless. Since the beginning of the year, realtors have been utilizing a new live-streaming tour tool, developed by Realtor.ca and the Canadian Real Estate Association.

“I think there’s lots of ways for realtors to still utilize technology and tools in order to get the properties sold that need to be sold.”

This new recommendation by the real estate council does not prevent realtors from hosting in-person tours. Sanitizing, social distancing, masks, and ensuring everyone is healthy before a tour begins are all things realtors have been doing since March to help prevent the spread of the virus.

In the Okanagan, the real estate market is booming. In the Okanagan-Shuswap region, 70 per cent more homes sold in October of this year, compared to 2019. This is just slightly down compared to September, where 78 per cent more homes sold in September 2020, compared to 2019.

Additionally, the time it takes for homes to fly off the shelves is decreasing.

Heizmann referred to these recent market statistics as ‘shocking’, adding they haven’t seen increases like this since the 1980s.

“No one knew that COVID would have this kind of an effect on the housing market,” she said.

READ MORE: Demand continues to drive Okanagan real estate markets

READ MORE: Okanagan-Shuswap real estate market continues to rebound

Do you have something to add to this story, or something else we should report on? Email: phil.mclachlan@kelownacapnews.com


 

@newspaperphil
Like us on Facebook and follow us on Twitter.

Coronavirus

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

A case of COVID-19 has been confirmed by Interior Health at Rutland Senior Secondary Saturday, Dec. 5, 2020. (Twila Amato - Black Press Media)
Case of COVID-19 confirmed at Rutland Senior Secondary

Interior Health lists possible exposure dates as Nov. 23-25, 27

Robert Riley Saunders. (File)
First Nations Leadership Council demands justice for victims of Kelowna social worker

Union of BC Indian Chiefs calls actions of Robert Saunders nothing short of ‘complete depravity’

(City of West Kelowna)
Large West Kelowna housing development back on the table

Council considering rezoning to accommodate 184 housing units, project hopes for ~933 by completion

Kelowna videographer Noah van der Eerden details why he thinks Kelowna is the best city in his video. (Noah van der Eerden - YouTube)
Videographer shows off Kelowna’s beautiful sights in heartfelt video

Noah van der Eerden moved to Kelowna from Vancouver two years ago

Children wait using physical distancing after getting their pictures taken at picture day at St. Barnabas Catholic School during the COVID-19 pandemic in Scarborough, Ont., on Tuesday, October 27, 2020. THE CANADIAN PRESS/Nathan Denette
Update: COVID-19 cases confirmed at more Kelowna schools

Interior Health announced a case has been confirmed at Chute Lake Elementary

A snow moon rises over Mt. Cheam in Chilliwack on Feb. 8, 2020. Friday, Dec. 11, 2020 is Mountain Day. (Jenna Hauck/ Chilliwack Progress file)
Unofficial holidays: Here’s what people are celebrating for the week of Dec. 6 to 12

Mountain Day, Dewey Decimal System Day and Lard Day are all coming up this week

Courtesy of the World Health Organization
UBCO researchers interview caregivers for rural adults’ mental health concern

The researchers are looking for participants who live or have relatives in rural communities

A laboratory technician holds a dose of a COVID-19 novel coronavirus vaccine candidate that's ready for trial on monkeys at the National Primate Research Center of Thailand. (Mladen Antonov | AFP)
WEB POLL: Will you take a vaccine for COVID-19?

Doses are expected to arrive in the new year

Travis Hirlaka, Vernon
PHOTOS: Sunrise paints Okanagan skies

Residents in the Okanagan captured stunning shots of a colourful start to Saturday

Staff and students at Vernon’s Fulton Secondary School were evacuated due to an electrical short that sent one person to hospital Friday, Dec. 4, 2020. (Kerry Hutter photo)
Vernon high school evacuated, one person injured by electrical short

Incident at Clarence Fulton Secondary forced brief evacuation Friday afternoon

Two Canadian petitions are asking to have elected officials removed from office. (Pixabay.com)
COLUMN: Petitions show loss of faith in democratic process

Online petitions from third-party sources have taken aim at elected officials in Canada

Chinook salmon spawning in the Fraser River near Tete Jeune Cache. ((Shane Kalyn photo, property of the Upper Fraser Fisheries Conservation Alliance)
North-Okanagan Shuswap MP petitions government to reform salmon management

Mel Arnold tables petition to allow more angler access to non-threatened Fraser River chinook salmon

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Shuswap Cider Company has applied for a licence that would accommodate a cider manufacturing facility, a tasting room and patio/lounge area at Westgate Market in Salmon Arm. (File photo)
Cider manufacturing facilty, tasting room and patio proposed for Salmon Arm

Council asked to raise a virtual glass to a licence for a cidery and amenities in Westgate Mall

Most Read