News
November 2019 Loudoun County Market Trends Report: Median Sales Price Sets Record November High
December 17, 2019
Overview Loudoun County’s November median sales prices increased for a ninth year in a row, up 0.15% since last November. The end-month median sales price of $485,750 is a new 10-year month-over-the-year record high for November. Median sales prices improved for detached homes by 4.2% and attached homes by 5.4% in last month, when compared […]
Discovering Commercial Real Estate
December 11, 2019
June 2, 2021 – 1:00p.m. – 4:00p.m. NAR’s Discovering Commercial Real Estate Frank Dillow, Senior Commercial Broker This course offers a broad overview of the basics of commercial real estate and how it differs from residential real estate. Students will be able to distinguish and understand the broker’s role and discover the different types of […]
Get Ready to Increase Your Listings and Grow Your Business
December 11, 2019
Join DAAR on March 12-13, 2020 for a two day SRS designation course! This is a two day class where you can earn a designation that is awarded to real estate practitioners by the Real Estate Business Institute (REBI) who meet specific educational and practical experience criteria. The SRS Designation Course will redefine your […]
Dulles Area Association of REALTORS® 2020 Officers and Directors Installed
December 6, 2019
Barry Taylor, Weichert, REALTORS® in Ashburn, VA, was installed as the 2020 President of the Dulles Area Association of REALTORS® (DAAR) at the annual Holiday Party and Board Installation. The event took place on December 5, 2019 and included the installation of the nineteen local area REALTORS® and two Affiliate members who will serve as […]
NAR Code of Ethics Course
December 5, 2019
DAAR follow’s the National Association of REALTORS® Code of Ethics. Adopted in 1913, it was one of the first code of ethical duties adopted by any business group. The Code ensures that consumers are served by requiring REALTORS® to cooperate with each other in furthering clients’ best interests. Please review NAR’s the Code of Ethics […]
A New Year’s Resolution Worth Keeping: Complete Your PLE in January
December 2, 2019
DAAR’s Real Estate School is dedicated to meeting the needs of your professional development as a new agent by offering more classes and seminars designed to give you the resources and knowledge to stay on top of your business. DAAR is offering in-classroom industry leading PLE courses designed to fulfill all 30 required hours within […]
Loan Limits Increase in 2020 for the Washington Metro Area
December 2, 2019
On November 26, 2019, the Federal Housing Finance Agency (FHFA) published the 2020 conforming loan limits for Freddie Mac and Fannie Mae. The baseline (national) limit will increase to $510,400 from $484,350 in 2019. In high cost areas, including the Washington Metro area, the limit will go up to $765,600 (from $726,525). The loan limits […]
Bright MLS Delays Enforcement of Off MLS Policy to February 2020
November 25, 2019
As you know, on October 16th, we received official notification that Bright MLS announced a new policy requiring agents to submit a listing within 1 business day of marketing to the public. As reported last month, DAAR wrote a letter to the Bright MLS Board of Directors on Friday, October 25th requesting a delayed enactment date […]
Do Your Clients Understand Their Mortgage Disclosure Documents?
November 22, 2019
You can help improve how this critical information is presented to homebuyers by giving the National Association of Realtors® your feedback! The Consumer Financial Protection Bureau (CFPB) is reviewing the mortgage disclosure rule, known as the TRID rule. This rule drastically changed the mortgage disclosure process to improve transparency for consumers (i.e. creation of the […]
Flood Insurance Extended Through December 20th
November 22, 2019
Yesterday, November 21, 2019, Congress extended the National Flood Insurance Program (NFIP) through Dec. 20, avoiding a lapse in the program. The President signed the bill into law. The NFIP is being extended as part of the Continuing Resolution (CR) to keep the government operating while Congress works on 2020 appropriations measures over the next […]