September is REALTOR® Safety Month

realtor-safety-logoThe National Association of REALTORS®  established the REALTOR® Safety Program more than a decade ago to empower and inform members of the potential risks they face in this profession and how to navigate them safely. The entire month of September is designated REALTOR® Safety Month and is dedicated to bringing more awareness to REALTOR® safety among members.

NAR’s REALTOR® Safety Program has also expanded its distribution of safety tips. Every Monday, NAR now shares safety tips via its Facebook, Instagram and Twitter accounts. The image-based tips offer safety information on an assortment of topics, including open house safety, garage safety, cyber security, home security and more. These tips can easily be shared with and by associations, members and clients.

These new and expanded safety resources for members and associations—including materials to share in the office, online or for safety presentations; videos; articles; and archived webinars—are available online at www.realtor.org/safety . Information on safety smartphone apps and safety products are also available as well as a list of safety experts.

 

REALTOR® Safety at the VAR Convention

Learn how to put habits, tactics, and hardware between yourself and criminals to dramatically reduce your odds of becoming a victim of violent crime. This powerful educational experience combines audience participation and humor to accelerate learning and increase retention.  You will learn how to recognize and avoid dangerous situations and strategies, tactics, and techniques to deploy if attacked or threatened.

Personal Safety and Self-Defense for REALTORS® with Joe Rosner
Tuesday, September 20, 2016
12:00 PM - 1:00 PM

Register for the VAR Annual Convention by September 12th and save $30.

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Rural Housing is a Virginia priority

This week concluded the final forum of a five-part series around the state on rural housing. Yesterday’s event in Blackstone, Virginia, drew 50 stakeholders from the REALTOR® community, housing industry, non-profit organizations, and elected offices. Hosted by the Southside Virginia Association of REALTORS® (SVAR), the event featured data and discussion led by Housing Virginia, a statewide affordable housing advocacy organization chaired by VAR Past President Kit Hale.

Blackstone DiscussionPrevious forums were hosted by the Martinsville, Henry & Patrick Counties Association of REALTORS®, the Southwest Virginia Association of REALTORS®, the Greater Piedmont Area Association of REALTORS®, and the Chesapeake Bay and Rivers Association of REALTORS®.

Each public forum has welcomed REALTOR® members and others to examine statistics about the rural housing landscape and to engage in discussion about how to improve housing options in rural communities. Outcomes of these conversations are available on the Housing Virginia website and will contribute to recommendations presented at the Governor’s Housing Conference in November. Across all regions, suggestions included improving financial literacy and outreach for residents and increasing capacity of affordable inventory.

The Virginia Association of REALTORS® (VAR) is committed to contributing to an action plan to improve housing options and the lives of rural residents by continuing to build on the strong member and stakeholder engagement in this series. To share your perspective on rural housing and to learn about further occasions for dialogue with shareholders, contact the VAR Director of Community Outreach at Jenny@VARealtor.com.

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VAR Legal Hotline video: Property Management a Licensed Activity?

Legal video Property Management a Licensed Activity 2016

VAR’s Erin Barton discusses the often misunderstood topic of property management and licensing.

  • Do you need to be licensed to do property management?
  • Which property management tasks are licensed activities?
  • What exceptions are there, if any, to the licensing regulations for property management?

Need answers to these questions and more, just click here to watch the video.

You can also hear Erin speak during the upcoming VAR Annual Convention on Critical Contract Issues. This session will answer the most frequently asked topics on contract issues, such as short sale ratification, default, termination, release, and more. Click here to register before September 12thand save $30 off the onsite rate.

Erin is a lawyer and a former REALTOR®. She managed a successful team of REALTORS® and administrative staff while with Keller Williams Realty in Richmond.  She also most recently served as a contract attorney at McGuire Woods; Hancock, Daniel, Johnson & Nagle; and, Williams Mullen where she reviewed cases involving antitrust issues, SEC violations, insurance and fraud.

 

 

 

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Community Matters: REALTOR® aid for Louisiana residents in urgent crisis

Written by Jenny Wortham, Director of Community Outreach

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Record levels of flooding have caused widespread damage in Southern Louisiana, killing 17 people and devastating the lives of many more. Early estimates indicate damage to more than 60,000 homes. Local rescue and emergency teams have joined with national aid organizations, including the REALTOR® Relief Foundation (RRF) of the National Association of REALTORS®, to assist the thousands of residents that have been affected. Louisiana REALTORS® have stepped forward to help their neighbors, and they need our support.

The Louisiana Association of REALTORS® (LAR) has provided gift cards to some REALTORS® in the area who had lost their homes and were in need of immediate basic supplies. The association will soon be disbursing RRF funds to those with damage to their homes, and it plans to open up its offices for those REALTORS® who need a temporary office to work from.

To contribute to housing disaster relief for the recovery of Louisiana flood victims and our neighbors around the nation, visit the REALTOR® Relief Foundation page here.

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Virginia REALTORS® continue to support Homes for Our Troops

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Last Saturday, August 19th, Bill White, President, VAR, offered the continued support of REALTORS® at a Homes for Our Troops groundbreaking ceremony for a Virginia Veteran and his family just miles away from the VAR Headquarters. Bill thanked Sergeant J.P. McGuire and his family for their service to our nation.

As the building process begins for a new home to accommodate J.P., REALTORS® are proud to continue a significant partnership with Homes for Our Troops to help make homes happen for these heroes in our communities.Virginia REALTORS® have helped make several homes happen for Virginia Veterans in our communities, and with many more projects underway, we’re just getting started!

regional partner

Homes for Our Troops is a national non-profit organization that builds mortgage-free homes for severely injured post-9/11 veterans and their families.

This summer, the REALTOR® Young Professionals Network of Virginia (YPNVA) has set a personal goal to help the Virginia Association of REALTORS® raise $10,000 in 10 weeks (July 4th - September 5th) for Homes for Our Troops. With only 12 days left, your support is key!

Your gift to this YPNVA initiative in partnership with the Virginia Association of REALTORS® will help ensure that homes are built for our Virginia heroes and their families.

To market this campaign and spread the word, download the Marketing Toolkit.
If you have questions regarding YPNVA and the HFOT challenge, please contact Cailin RichardsonIf you have questions regarding the marketing toolkit, please contact Carley Dobson.

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New VAR Legal Hotline video: Drone Update

Legal video 2016 Drones Update

VAR’s Laura Farley discusses the new Federal Aviation Administration’s regulations in 14 Code of Federal Regulations Part 107, issued June 21, 2016 and that go into effect August 29, 2016. In order to operate a drone, individuals must obtain a remote pilot certificate with a small Unmanned Aircraft System (sUAS) rating. Click here to watch the video.

The requirements are that individuals must:

  •  Be at least 16 years old
  • Be able to read, write and understand English
  • Be in a physical and mental condition that allows for the safe operation of a sUAS
  • Pass an initial aeronautical knowledge test

It costs approximately $150 to obtain the remote pilot certificate, and individuals must retest every 24 months.

Other restrictions in the new regulations include that sUAS’s may only be flown during daylight hours and cannot be flown higher than 400 feet above ground level. If the drone is more than 0.55 pounds, it must be registered with the FAA.

Other Resources

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According to the July 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR), residential real estate sales have slowed from this point last year. Year-over-year, the number of transactions fell by 4.7 percent, from 11,820 sales to 11,265. The value of transactions for July 2016 was $3.797 billion, 4 percent lower than in July 2015. Despite a moderate decline in pace and volume for July, year-to-date measures have outperformed 2015. Volume through the end of July 2016 exceeded $22.071 billion, a gain of 5.1 percent from last year’s accumulation of $20.992 billion.

Reflecting typical industry tempo, July sales declined from June; historically, the market climbs each month through June before tapering into the third quarter. Following the same seasonal trend, median price fell 4 percent month-over-month, from $289,500 in June to $278,000 in July. Median price did outperform last July by 1.1 percent, rising from $275,000. Average length of time on the market decreased 6.3 percent, from 64 days last July to 60 in July 2016. Rising median price and declining time on the market reflect limited inventory. Though buyers are still able to capitalize on historically low interest rates, their entry to the market may be affected by limited wage growth. Even as Virginia’s unemployment rate has reached historic lows, revenue collections from income, sales, and corporate taxes have fallen short of projections, suggesting that job growth is in low-earning categories that may not build significant financial capacity for homeownership.

Click here to view the full July 2016 Home Sales Report.

July 16 Price

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Brad Korn is a REALTOR®, international speaker, certified business coach and top producing agent. Brad has been selling real estate for over 24 years. He is consistently the top sales associate in his Keller Williams Eastland office and is also consistently in the top 10 sales for Keller Williams Greater Heartland Region (7 state area). You may also recognize Brad from HGTV’s “My House is Worth What?” where Brad and the Korn Team were even featured in two episodes.

At the Virginia Association of REALTORS® Annual Convention on September 19-21, 2016 at National Harbor, Brad will be leading two education sessions:

  • 10 Simple Strategies to Get More Business in this Market
  • Proven Lead Generation Strategies

You won’t to miss Brad’s two presentations or the rest of the information-packed education sessions at the 2016 VAR Annual Convention.

Save $30 when you register by September 12, 2016.

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Video: Brad Korn – 10 Simple Strategies to Close More Deals

 

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New VAR Legal Hotline video: Scam Alert – Email Hacking

Legal video Scams 2016 Erin Barton

Click here to watch the video.

VAR’s Erin Barton discusses a new email hacking scam affecting REALTORS® where it hurts the most, at the settlement table. Learn how to recognize the warning signs, educate your clients, and protect your transactions.

Click here to watch the video.

You can also hear Erin speak during the upcoming VAR Annual Convention on Critical Contract Issues. This session will answer the most frequently asked topics on contract issues, such as short sale ratification, default, termination, release, and more. Click here to register before September 12thand save $30 off the onsite rate.

Erin is a lawyer and a former REALTOR®. She managed a successful team of REALTORS® and administrative staff while with Keller Williams Realty in Richmond.  She also most recently served as a contract attorney at McGuire Woods; Hancock, Daniel, Johnson & Nagle; and, Williams Mullen where she reviewed cases involving antitrust issues, SEC violations, insurance and fraud.

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ICYMI: Why Homeownership Matters

NAR_Button_HOM_1013altLast Friday, Lawrence Yun, chief economist for the National Association of REALTORS®, penned an op-ed for Forbes.com titled “Why Homeownership Matters.” In the article, Yun lays out five reasons why it is important for people to own homes and notes ways to expand homeownership opportunities for more people.

Yun writes, “There are no doubt other great ideas to expand homeownership in successful and sustainable ways. But one thing is clear: homeownership matters.”

You can read the full article here.

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