On August 3rd, Governor McAuliffe signed off on revisions to the Virginia Real Estate Board (VREB) Regulations. There are a number of changes that will impact both agents and brokers. Changes will go into effect November 1, 2015.
Revised regulations include: Advertising, Escrow, Unlicensed Assistants and Licensure/Broker Supervision.
During DAAR’s Broker Breakfast on Friday, September 25th, Jay DeBoer, Director, Department of Professional and Occupational Regulation (DPOR) provided a thorough update on the revisions. Click here to view the power point.
The Virginia Association of REALTORS® (VAR) created this comprehensive analysis of the updated regulations, conducted a webinar including Q&A and produced the video series below in an effort to provide you with more information on the revised regulations.