News

Need to Know: CFPB Consent Orders

March 3, 2017

On January 31, 2017 , the Consumer Financial Protection Bureau (CFPB) announced that it entered into consent orders with a mortgage lender, mortgage servicer and two real estate brokers for violations of the Real Estate Settlement Procedures Act (RESPA). As part of the consent orders, the four companies agreed to pay $4 million. The two […]

NAR Benefit Alert: REALTORS® Save up to $20 with TurboTax®

March 1, 2017

REALTORS® can save up to $20 on select TurboTax® federal products from Intuit®, a REALTOR Benefits® Program partner. The benefit extends to association staff and all members can share this discount with family members. Click here to take advantage of your discount.

2017 General Assembly Recap

February 24, 2017

Virginia REALTORS® approached the 2017 General Assembly Session with the goal of addressing several issues. As the Session comes to an end, Virginia REALTORS® will have achieved another successful Legislative Agenda that helps REALTORS® and the real estate industry. Under HB2034, the standard “Red Flag” disclosure statement is renamed to more accurately reflect its true […]

Bright MLS: What’s Next

February 24, 2017

We know you have questions about the new MLS. So we’re going to take this opportunity to answer some. What’s happening now? Next? Support teams from Rockville, MD and King of Prussia, PA are combining. In early April 2017, you can dial a new toll free phone number, and when you do, you’ll hear “Welcome […]

NAR Update: Tax Reform and RESPA Fines

February 24, 2017

A tax reform plan by the House Ways & Means Committee would eliminate the property tax deduction, double the standard deduction, and lower tax rates. Also being considered is repeal of 1031 tax-deferred exchanges. REALTORS® expressed concerns over the changes at a meeting two weeks ago with leaders of the Ways & Means Committee. The […]

January 2017 Loudoun County Market Trends Report: Loudoun Active Home Inventory at a 12 Year Low

February 21, 2017

The following analysis of the Loudoun County, Virginia housing market has been prepared by the Center for Regional Analysis at George Mason University for the Dulles Area Association of REALTORS® based on analysis of MRIS multiple listing data from MarketStats by ShowingTime.  Overview There were 972 homes for sale at the end of the month, which […]

NAR Health Insurance Program now offers Medicare Options

February 16, 2017

All REALTORS® now have access to the National Association of REALTORS® private Members Medicare Exchange. This program is specifically tailored to individual REALTORS® who are Medicare-eligible. REALTORS® may use the Members Medicare Exchange to quote, shop and enroll in a variety of Medicare insurance options, including Part C (Medicare Advantage) or Medicare Supplement Insurance (Medigap), […]

In Memoriam: Claire Larson

January 30, 2017

We extend our heartfelt sympathies to the family and friends of Claire Larson, former Chairman of the Board for DAAR in 1995, who passed away last month. She was 88. Born in Berlin NH, she was the daughter of Carl Elmer and Marie Devost Christiansen. After graduating from Boston University, Claire was employed by the […]

MRIS is now Bright MLS

January 16, 2017

Real estate organizations from neighboring areas in the Mid-Atlantic region, including MRIS, have united as Bright MLS. The creation of this new organization is a direct response to your demands that the MLS break down market barriers and provide real estate professionals with expanded property information that exceeds what consumers can get from publicly available […]

YPN Workshop: Breaking Down the Sales Contract – Wednesday, 4/5

January 15, 2017

Bring Your Contracts and Your Questions! Gain a Better Understanding of Some of the Most Complex Sections of the Real Estate Sales Contract. This interactive session will cover recent changes to the sales contract, common contingencies, addendums, and disclosures, as well as sections in the contract often left incomplete or completed incorrectly. Areas of focus […]