How can agents leverage mobile technology

According to a report released by the Consumer Electronics Association, more than 58 percent of shoppers who use mobile devices indicated that they prefer to look up information on their devices while shopping, rather than talk to store employees. Nearly two-thirds (62 percent) of mobile shoppers perceived the information they gather via their mobile device as more beneficial than the information available in-store via product displays or sales literature. Click here for the complete story.


PwC and the Urban Land Institute presents the Emerging Trends in Real Estate®

Emerging Trends in Real Estate® is a trends and forecast publication now in its 37th
edition, and is one of the most highly regarded and widely read forecast reports in the
real estate industry. Emerging Trends in Real Estate® 2016, undertaken jointly by PwC
and the Urban Land Institute, provides an outlook on real estate investment and development
trends, real estate finance and capital markets, property sectors, metropolitan
areas, and other real estate issues throughout the United States and Canada.

Click here to download the complete report.


VAR Property Management Conference is a smashing success!

The 2015 VAR Property Management Conference was a record-breaking success thanks to the support of sponsors, attendees, volunteers, speakers and staff. We had a total of 290 attendees, the most we have ever had! Don’t forget to mark your calendars for next year’s 2016 Property Management Conference!

With such talented speakers, we’re glad to hear that so many of you were able to take new and innovative concepts back to work to share with your colleagues.

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This year, we not only achieved great success in attendance, we also collectively raised $1,100 for Habitat for Humanity during our Casino Night, which is certainly something to celebrate.

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We especially want to thank our sponsors for supporting this extraordinary event.



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Thanksgiving TecHome: Cooking and Entertaining

There are many connected options on the market today, from high-end to modest, and builders should explore the best kitchen tech offerings their clients can use  all year round. From smart cooking to stylish entertaining with music and visuals, here are some of the best possibilities for builders who want their clients to be thankful for their TecHome. Click here for the complete story.




Richmond named top 10 walkable mid-size city

Richmond was named a Top 10 Most Walkable Mid-Sized City of 2015 from Redkin. Click here to take a look at the Richmond neighborhoods with the highest Walk Scores.

Walking is the simplest, most cost-efficient way to improve a city’s economic and environmental viability. Walkable City author Jeff Speck said it best in his recent TEDCity2.0 talk: “Sustainability—which includes both health and wealth—may not be a function of our ecological footprint, but the two are deeply interrelated. If we pollute so much because we are throwing away our time, money, and lives on the highway, then both problems would seem to share a single solution, and that solution is to make our cities more walkable.”



New VAR Legal Hotline Video – Representing the Seller

Legal video selling the sellerVAR’s Laura Farley talks about the duties agents of the listing firm owe to sellers, including at open houses. Click here to watch the video.

Laura serves as the VAR Associate General Counsel, monitoring regulatory bodies that effect REALTORS® in Virginia, staffing the Legal Hotline and teaching CE courses. She also serves as liaison to the Standard Forms Sub-committee and the Grievance Committee.

VAR Legal Hotline for Brokers
The VAR Legal Hotline is a free, members-only benefit for brokers. You can receive answers to questions about Virginia real estate law and timely information on legal and regulatory issues concerning the real estate industry. Click here to learn more. The Legal Hotline provides legal information, not legal services. You should consult your attorney if you need representation or advice.

This video series is bought to you by the VAR Legal and Marketing and Communications teams.


October Sales Indicate Improving Market

Virginia experienced year-over-year increases in residential home sales and median sales price in October.

October residential real estate sales indicate sustained market improvement, with a rise of over five percent from the same time period last year. Higher volume coupled with a higher median sales price accounts for the bump in overall value from $2.59 to $2.72 billion. Following typical seasonal trends, sales and prices decreased from September to October, while days on the market increased. But with the unemployment rate dropping and mortgage interest rates at sustained lows, strong year-end sales seem like a reasonable expectation.

“Year-over-year improvement in Virginia’s residential real estate market is apparent in our October sales figures,” said VAR President Bill White. “Upward pressure on rental rates continues to encourage first time buyers into the market, and both new buyers and refinancers are able to take advantage of relatively low financing costs to enter or upsize.”

For the full October Home Sales Report, click here.

October Trends


RPR Advanced: Using RPR to Impress Clients and Close More Deals

Join us for this innovative workshop to learn how you can lead clients from the initial conversation to the closing table using the most powerful data platform available to REALTORS®.

Thu, Dec. 10
3 PM EST | 2 PM CST | 12 PM PST

Click here to register today.


Americans are moving less than 50 years ago


According to new census data, Americans are moving less than 50 years ago.

Long-distance moves — from one city to another, out of state, across the country — are often moves made for jobs. Local moves, on the other hand, tend to be more about housing. We move from one address to another within the same city or county to get a bigger home, a better home, a home in a different neighborhood or school zone. Or we move for reasons like eviction or rising rent.


Source: Washington Post


5 Urban redevelopment trends in 2016

What emerging trends could derail the current push for urban redevelopment in 2016?

For now, there is still a strong movement focused on filling urban cores, and redeveloping older properties to increase density. This can certainly benefit local government revenues, and luxury developers who are able to squeeze more out of every lot. However, there could be a number of factors at work which could derail some of these projects, or at least weaken their appeal and profitability.