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Legal Hotline FAQs: Property Condition Disclosure

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Video: A short history of VA Agency Law changes

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Join the 2013 class of the Virginia REALTOR® Leadership Academy

Posted by Andrew Kantor
May 8 2012 - 4:53pm

If you could do just one thing next year guaranteed to ratchet-up your earning potential and real estate knowledge and create a personal referral network that could pay dividends for the rest of your career…would you do it?

Perhaps the more appropriate question is: Why wouldn’t you?

Virginia REALTOR® Leadership Academy (VLA) graduates say it’s the best way to supercharge your real estate career.

VARbuzz: Good foreclosure news from CoreLogic

Posted by Andrew Kantor
May 4 2012 - 8:54am

In its March National Foreclosure Report, CoreLogic found that foreclosures dropped 18.8% from March 2011. Even better, foreclosures in the first quarter were down 14.7% from the first quarter of 2011.

“Compared to a year ago, the number of completed foreclosures has slowed,” said Anand Nallathambi, chief executive officer of CoreLogic. “Since the foreclosure inventory is also coming down, this suggests that loan modifications, short sales, deeds-in-lieu are increasingly being used as an alternative to foreclosures to clear distressed assets in our communities.”

Click here to read the details.

VARbuzz: Real estate’s a good investment, but not as good as gold — so say you all

Posted by Andrew Kantor
May 4 2012 - 8:48am

bling! “Gold gold gold gold gold gold gold.” –Dwarf mining song, Terry Pratchett’s Discworld series.i

A Gallup poll found that 34 percent of Americans consider gold the best long-term investment. Real estate and stocks came in as number 2 and 3, with men preferring real estate and women preferring stocks.

Why gold? Historical reasons.

Q1 2012 home sales report is now available

Posted by Andrew Kantor
Apr 24 2012 - 3:45pm

The First Quarter 2012 Virginia Home Sales Report has been released and brings good news for the Commonwealth! Several long-term trends indicate that Virginia’s housing market is continuing to stabilize.

As shown above, the pace of home sales in the first quarter of 2012 marked an improvement over both the first quarter of 2011 and 2010.

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Settlement

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Agency Center

The Virginia Association of Realtors® worked to help develop legislation to enhance the agency relationship disclosure requirements between licensees and those they represent. This means there are a number of changes to the existing agency laws in Virginia, and VAR wants to make sure that all members are up to speed on what they need to know to serve their clients and customers and stay in compliance with Virginia laws.