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TCAR News & Updates

Treasury Releases Paycheck Protection Program Loan Applications

Apr 01, 2020
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The Treasury Department released the application for the SBA 7(a) Paycheck Protection Program (PPP) loans, which can help small businesses maintain employment through loans that are forgivable over time under the mandated circumstances. They also released a summary guide of the program to help borrowers understand the program’s rules. Small businesses and sole proprietors can apply beginning this…
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Professional Photography and Staging for Listings Now Permitted

Apr 01, 2020
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According to Washington REALTORS®, this information is based on clarification requests that were submitted by photography and staging companies to the Governor's office. Those companies have requested that we forward this clarification to our members. See below for the revised FAQ document provided by Washington REALTORS®. REVISED FAQs: Can professional photographers take photos and create…
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Property Management Included in Inslee's Memorandum

Mar 31, 2020
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Washington REALTORS® has received confirmation from the Governor’s Office that property management services for single and multi-family residential buildings (including apartment buildings) are within the scope of Governor Inslee’s March 28 residential Real Estate services memo. This means that residential single and multi-family property management, including working with tenants, can occur subject to the requirements…
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New Consumer Handout & Revised FAQs from Washington REALTORS®

Mar 31, 2020
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Washington REALTORS® has developed a one-page client handout that you can use to explain your obligations under the Governor’s Stay Home, Stay Healthy order. They have also released an updated FAQ list. In particular, please note the updated question relating to movers. Both can be viewed and downloaded below.

Commercial Real Estate NOT Included in Inslee's Memorandum

Mar 30, 2020
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The Commercial Brokers Association has clarified that Governor Inslee’s March 27th memorandum was directed to residential real estate transactions only, not commercial.  In conjunction with their legal counsel, they have compiled a series of Commercial Real Estate Practitioner FAQs related to Washington state’s current “Stay Home Stay Healthy” order that went into effect on March 26,…
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Breaking News from Washington REALTORS®

Mar 28, 2020
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IMPORTANT NOTICE REGARDING GOVERNOR INSLEE'S MARCH 28TH MEMO: A MESSAGE FROM WASHINGTON REALTORS LEGAL HOTLINE LAWYER ANNIE FITZSIMMONS AND NWMLS LEGAL COUNSEL JUSTIN HAAG It is clear that some brokers are misinterpreting the Governor’s March 28 Memorandum. Brokers cannot conduct “business as usual”... The recent modifications to the Governor’s Stay Home Stay Healthy Order (the…
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8 Educational Videos About COVID-19

Mar 24, 2020
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The Washington State Department of Health has released a series of eight ASL/captioned educational videos about the COVID-19 pandemic,  including information on how to protect yourself and prevent the spread of the virus. Below are the YouTube listings available now: Complete Playlist Introduction What is COVID-19? How Does COVID-19 Spread? COVID-19 Symptoms What to Do…
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Real Estate & COVID-19

Mar 20, 2020
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In response to the concerns about COVID-19, commonly referred to as coronavirus, the National Association of REALTORS® is providing guidance to help REALTORS® respond to the coronavirus's potential impact on the real estate industry. Any updates from NAR and its response to the coronavirus emergency will be collected on this page. Of note, NAR has issued information and…
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Social Distancing? Here’s How To Keep Your Business Running

Mar 19, 2020
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Earlier this week, in an attempt to “flatten the curve” and slow the spread of Coronavirus (COVID-19), the U.S. government announced new social distancing guidelines. The recommendations include limiting close in-person contact, avoiding crowds and large gatherings, and canceling public events. For real estate agents, whose businesses depend on in-person interactions, the news hits close…
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Coronavirus: A Guide for REALTORS®

Mar 16, 2020
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Why is NAR issuing this guidance? 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. As of March 16, 2020, the United States government has banned all travel from Europe, the United…
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