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Senators hope to expand rural loan program

We’ve told you before about the USDA’s rural-housing loan program, which provides no-down-payment loan for rural homes.

Now two U.S. senators hope to expand the program’s definition of “rural” even further, so more people can take advantage of the program.

Four hours of CE — on something different

This is a treeHere’s a chance to earn four hours of CE/PL and probably learn about something different — and something a lot of folks don’t know about.

The Virginia Realtors Land Institute and Virginia Tech have partnered to offer “Real Forestry for Real Estate” — a course that will help you not only sell land to prospective clients, but be able to give them useful information about managing their property. (No prior knowledge of trees is necessary!)

Important post-licensing changes

This is a reminder — but an important one — about post-licensing curriculum changes. (It will mostly affect new real estate licensees, but brokers need to remember it.)

The PL curriculum is changing from three tracks (residential, property management, commercial) to a single-track system.

  • The old system will be in place until December 31, 2013.
  • The new system will be available starting July 1, 2013.

The overlap is what’s important.

You know you must take 30 hours of PL education within a year of getting your license. You must take those 30 hours under the current system or the new system — you cannot mix them.

Legal Hotline FAQs: Agents Leaving of Changing Firms

VAR's Blake Hegeman discusses the perennial favorite topic: what goes down when agents leave or change firms?

Questions answered include:

  • What happens if an agent leaves a firm when they have a deal pending?
  • Can you still be paid while in transition to another firm?
  • Where does the payment come from in those instances?

License-status info from DPOR

The good folks at DPOR are working hard to get your license paperwork processed — applications, transfers, and the like.

We’ve already given you some tips on how to speed that process; we’ve got some more info to pass on.

Don’t call DPOR and ask for the status of your license. No one there can give it to you.

Get that? The same people who process applications are answering the phones, so every minute spent explaining “I’m sorry, I can’t provide that information” means one minute fewer actually processing it.

Update on license transfers: helpful tips to ensure a speedy process

A concern among Realtors® who change firms is the amount of time it takes for their licenses to become active with their new brokerages. Last week, we told you about why some license transfers were taking a little longer than others.

Real Forestry for Real Estate- VAR HQ

May 8, 2013 - 10:00am - 3:00pm
VAR Headquarters, 10231 Telegraph Road, Glen Allen, VA 23059

Virginia has over 15.8 million acres of forestland, most of which will change ownership in the next 5-10 years.  Real Forestry for Real Estate is part of a strategy to put sound forest management information into the hands of the new owners.

Whether you’re selling 5 acre or 1000 acre tracts, Real Forestry for Real Estate will provide you with practical information which may help increase the appeal of the property to your clients.  No prior forestry knowledge is required. New Landowner Packets will be distributed to all interested participants.

Presented by Jennifer Gagnon, Virginia Tech in cosponsorship with the Virginia RLI (Realtors Land Institute) Chapter.

Video: A short history of VA Agency Law changes

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Join the 2013 class of the Virginia REALTOR® Leadership Academy

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.

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