The Dodd-Frank Wall Street Reform and Consumer Protection Act and H.B. 210 have significant implications for the real estate industry, the full effect of which will not be felt until July 1, 2014. In this informative seminar, appraiser Pat Turner, will explain the implications for lenders, real estate agents and appraisers and the overall impact of new appraisals rules, mortgage lender oversight and the creation of the Bureau of Consumer Financial Protection.
P.E. “Pat” Turner, Jr., SRPA, SRA - Pat has been actively appraising real estate in the Richmond area for 41 years. He holds the SRPA and SRA designations of the Appraisal Institute. Pat is a dynamic speaker and expert on Dodd-Frank and H.B. 210.
Instructor: Cathy Saunders,ABR®, GRI®, SRES®
Adults aged 50+ represent more than 20% of the U.S.population. For senior adults, the homes that they live in are their largest asset and account for much of their net worth. When you attend the 2-Day Seniors Real Estate Specialist (SRES®) Designation course, you will:
Getting Past NO!
If you are increasingly being confronted with seller and buyer objections … and would like to be much more MASTERFUL in handling them, this session was designed specifically for you! You will learn not only the most recent and innovative 4 STEP FORMAT for handling ANY OBJECTION but also specifically what to say … and when and how to say it … to effectively overcome the most common objections of … price … commission … and “low-ball” offers.
CRS Member Rate: $75
Much of our workforce including the people who provide vital services to a community often cannot afford to live in the communities where they work. Employer-assisted housing (EAH) is a benefit that enables employees to purchase homes or secure affordable rental housing located near the workplace or transit. In NAR’s Employer-Assisted Housing class, students will learn how to work in a team to discuss employer-assisted housing with local employers.
This course, instructed by Christine Singhass is designed to increase participants’ understanding of how affordability bolsters the housing market, engages clients, and builds business as well as the community.
In early March 2013, the Virginia Department of Professional and Occupational Regulation (DPOR) issued clarification about its real estate licensee transfer policy that created concern about when a transferring licensee is able to practice at his new firm. In response, VAR has been consistently working with DPOR staff and Virginia Real Estate Board members on a solution that will allow licensees to transfer seamlessly to a new firm.
This appeared in the April/May issue of Commonwealth magazine.
With more and more electronic communication being done in public — the “social” part of social media — you’ll find that you can never really remove your Realtor hat. That means you need to be extra careful when you’re writing an e-mail, crafting a blog post, or replying to a tweet.
And I don’t just mean “always be professional.” I mean that there are disclosure rules from both the Virginia Real Estate Board and the Realtor Code of Ethics that apply online whenever you engage in “advertising.”
And believe me, the definition of “advertising” is pretty broad.
Candice Bower of McEnearney Associates in Leesburg was named 2012 Virginia Certified Residential Specialist (CRS) of the Year.
CRS Realtors are specialists in home sales – they must have years of experience (Candice has been a Realtor since 1988), must complete extensive coursework, and they must have more than $8 million in transactions under their belts. (Only 3% of all Realtors have completed the CRS requirements.)
Smoking won’t just kill you — it can also kill a sale. So says a survey of Ontario real estate agents, who found that more than 80% of potential buyers would be either “unlikely” or entirely unwilling to buy a home where smokers had lived.
And when the house does sell? The study found that a house could see a 30 percent price drop (!) if it smelled of cigarettes.
All right, so what’s to be done if you’re trying to sell a smoker’s home? After reviewing far too many pages of tips, these seem to be your best bets for removing as much of the odor as possible.
“The rent is too damn high” — add that to the growing list of reasons we’re going to see a boatload of new buyers entering the market in the next few years. That’s a reasonable conclusion from new Census Bureau data.
When the housing market collapsed, a lot of folks had to leave homes they could no longer afford — often because of foreclosure or short sales. They became renters, in part simply because their credit ratings took a big hit.
Result: Rental vacancy rates are down. The new Census Bureau report says that those vacancy rates dropped from 8.4% to 7.4% in just two years (2009 to 2011) — homeownership obviously declined at the same time.