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BREAKING: Disclosure forms for MARS transactions now available

Negotiations between NAR and the Federal Trade Commission over the MARS Rule have not yet produced the desired exemptions for Real Estate Professionals.

The MARS Rule remains in effect. (See earlier article HERE) (excerpt below)

If you work with clients who are doing short sales, thinking about short sales, or who you believe should be thinking about short sales, the Federal Trade Commission might be interested in you. You might not realize you're engaging in what's considered mortgage-relief counseling -- when you cross the line from helping someone do a short sale to giving them advice about it.

Virginia home sales stabilize in first quarter 2011

April 29, 2011 Virginia residential home sales in the first quarter of 2011 have followed the general trend of the last several years with year-to-date sales 0.3% above last year.  January and February home sales in 2011 exceed the same month the prior year (by 2.5 % and 3.5%) according to the Virginia Association of REALTORS®’ Home Sales Report.  

For the complete Virginia Quarterly Home Sales Report for First Quarter 2011, please CLICK HERE.

Honor Society Application Deadline

Date: 
April 1, 2011 - 11:59pm

Attention AE’s and Leadership: VAR Honor Society Applications are due April 1st

Click the link below for the online application.

http://www.varealtor.com/sites/default/files/Honor_Society_2010_0.pdf

Please submit applications to Awards@VARealtor.com or fax to 804-262-0497

Once we receive your Honor Society applications, you will receive a e-mail confirmation from VAR.

Take part in VAR's 2011 Member Survey

The Virginia Association of REALTORS® wants to serve you better. To do that, we need to know what we do that works, what we do that doesn’t, and what else we should be doing.  Further, we want to know how you feel about important services and representation VAR provides that you can’t get somewhere else.

To do that, we’ve created this survey. Please help us by taking a few minutes (actually, more like 10-15 minutes!) to fill it out.

And here are the incentives:

Property Management Coalition Conference 2011

Date: 
October 26, 2011 - 10:00am - October 28, 2011 - 1:00pm
Location: 
Doubletree Hotel - Charlottesville 990 Hilton Heights Road Charlottesville, VA

Brought to you by CAI, IREM, NARPM, VAMA and VAR’s Property Managers Council

Property Management Coalition Conference 2011
Checking Under the Hood: the nuts and bolts of property management

Thank you for making our event successful.

VRLTA Update, Richmond Association of REALTORS®

Date: 
April 19, 2011 - 9:00am - 4:00pm
Location: 
Richmond Association of REALTORS® 8975 Three Chopt Rd Richmond, VA 23229 Phone: (804) 422-5000

VRLTA Update - Richmond Association of REALTORS®

Sponsored by the Virginia Property Managers Council 

Get the information you need on the updated Virgin

Governor's Legislative Agenda Includes Protection of Private Property Rights

Governor McDonnell, Lieutenant Governor Bolling, Attorney General Cuccinelli, and House and Senate Republican Leadership announce joint agenda for 2011 legislative session.

From Governor's press release:

Attorney General Ken Cuccinelli discussed individual property rights and their importance to the people of Virginia, stating, “There are legitimate reasons the government utilizes its power of eminent domain – for the construction of roads, schools, jails and utility easements,” Cuccinelli said. “However, we have to stand up for families and businesses to prevent government from using this extraordinary power when there is not a legitimate public need. A shopping mall or tourism information center is not a core public need.”

Rents on the rise, listing prices down

According to a report by property search site HotPads.com, rent prices nationwide rose 11.6 percent in 2010, from an average of $1,181 in January to $1,319 in December.

"With the U.S. unemployment rate over 9 percent throughout 2010 (up from 4 percent in 2006), low-risk housing options became more desirable, a trend that may continue in the coming months," the report said.

Realtor® Day on the Hill is February 9

On February 9 we need you to tell your legislator...

... to stop re-taxing people -- no more recordation taxes on refis!

... not to hold you responsible if public records are wrong!

... that toxic drywall needs to be disclosed!

...to pass agency laws that protect you and your clients!

It's our best chance all year to get our message across -- and we need bodies to do it. We want to crowd their offices with Realtors® so it's crystal clear: We care about property rights, the economy, and our industry.

Know some great real estate pros?

Know some outstanding real estate professionals? Now is the time to nominate them for the Virginia Real Estate Awards.Most nominations are due January 10.

Presented at the Get Active Legislative & Education Conference in February, the Virginia Real Estate Awards highlight excellence in a number of real estate categories, including