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CVRMLS Legal Counsel Michael Lafayette has written a Commercial Contract for transactions involving the resale of small to mid-sized commercial properties, such as office buildings and warehouses, retail stores or shopping centers, multi-family (less than 10 units), or other similar uses. This workshop includes a review of the new CVRMLS Commercial Contract and the CVRMLS Commercial Property Listing Agreement.
Approved for 3 Hours Real Estate Contracts for CE; 3 Hours Elective for PL.
Early registration ends February 29th.
For further information, contact RAR - (804) 422-5000.
Many VAR members find success in the real estate industry by specializing in certain areas of the business. We call these areas "real estate specialties". VAR has several councils and alliances made up of these specializing members to ensure that these member contituencies are represented and that VAR continues to provide great services and products to these member segments. If you would like to learn more about becoming involved in these specialty areas, please contact Members@VARealtor.com.
IN THIS SECTION:
Wednesday, February 15 is REALTOR® Day on the Hill. You won't want to miss this important chance to talk directly with your legislators on issues that affect your business. Stick around for the Housing Policy Forum later in the afternoon, then make your way to the Jefferson for our can't-miss Legislative Reception.
On Wednesday, the annual Political Advocacy Luncheon with special guest speaker David Stevens, who is current CEO of the Mortgage Bankers Association and former Federal Housing Administration commissioner. Following lunch, nationally syndicated Washington Post real estate columnist Ken Harney will emcee a special housing policy forum for Virginia REALTORS. Panelists for that forum include Mr. Stevens, National Association of REALTORS’ past president Ron Phipps, and George Mason University economist and Housing Wire contributor Dr. Anthony Sanders. Then, following the panel, we’ll host our 2012 Legislative Reception at the Jefferson Hotel.
VAR’s legislative package this year comes from three main sources:
The Virginia Association of Realtors is pleased to announce the addition of commercial forms to its Forms Center! Through a licensing agreement with Central Virginia Regional MLS, VAR will now provide the following forms:
- Commercial Purchase Agreement – Form 700;
- Commercial Listing Agreement – Form 710;
- Commercial Letter of Intent for Purchase – Form 720; and
- Commercial Letter of Intent for Lease – Form 730.
We offer these forms as a resource that will improve basic commercial deals by providing you a template for structuring and moving forward in these transactions.
The 2011 Session of the General Assembly, like every other session, produced many changes in Virginia law. Most of these will take effect on July 1. VAR’s legislative team was able to secure many changes during this year’s General Assembly session that will have a profound effect on your real estate business.
Please click on link below for detailed information and registration.
CoStar Group, a Washington D.C.-based commercial real estate research firm, is set to acquire LoopNet, a San Francisco-based commercial real estate marketing firm for $860 million. CoStar operates the largest commercial real estate marketing database, with this merger potentially boosting CoStar's subscribers to 160,000 and putting its active listings at 2 million. LoopNet.com is the largest and most heavily trafficked commercial marketplace, with 4.8 million registered members. The deal is expected to close by the end of 2011. First quarter earnings put the combined revenue projections at approximately $321 million annually.