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Real estate body applauds return of on-site auctions and open inspections

The Real Estate Institute of Victoria (REIV) has backed the state government’s decision to allow on-site property auctions and open inspections to return with restrictions.

Leah Calnan spi

The Victorian state government has confirmed their plans to ease COVID-19 restrictions, which include enabling on-site auctions and open inspections to return as of Wednesday, 13 May 2020.

The lift is not without its restrictions, however. The state government has made clear that both on-site auctions and open inspections will be limited to 10 people in addition to staff required to facilitate the auction or inspection.

The contact details of attendees will also be logged.

Commenting on the news, REIV president Leah Calnan said the “real estate sector is prepared to take the measures necessary to assist with a safe return to business”.

“The real estate sector has adapted extremely well during this pandemic, while restrictions are being lifted, the threat of coronavirus remains, and it is imperative that we continue to run auctions safely and responsibly,” Ms Calnan said.

“The REIV encourages all members to download the COVIDSafe app and implement strong safety protocols as we begin our return to work routines.

“In addition, the REIV recommends that all individuals attending an open or auction should also download the app, provide contact details to the agent and follow social distancing measures as required.”

Ms Calnan noted that online auctions have worked well over the last few weeks, with the REIV encouraging its members to use this as an additional channel for wider engagement.

“Having public auctions will inspire increased confidence in our economy. Auctioneers across the state are looking forward to getting back to what they do best,” she added.

“We are very excited about auctions coming back. The real estate sector is prepared to do the right thing to ensure auctions and open for inspections are run safely.”

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