California News

California Real Estate Is Deemed An “Essential Industry”

East Bay Times-

The real estate industry, struggling with coronavirus-linked limitations, got a boost with its sales business reclassified as an “essential” industry.

The California Association of Realtors said Saturday, March 28, that commercial and residential real estate services were included on an updated list of essential services from the U.S. Department of Homeland Security Cybersecurity and Infrastructure Security Agency.

This list was used to determine what California industries were told to limit operations by Gov. Gavin Newsom’s “stay at home” order. The association told its Realtor members on March 20 that any face-to-face real estate sales — then a “non-essential” service — should be halted. That not only put into question how homes would be sold, but if deals awaiting closing could be completed.

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