Blog
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 […]
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 […]
Advocacy in Action: Advance REALTOR® Priorities in Virginia!
January 13, 2017
Now in session… all of Virginia’s 100 Delegates and 40 Senators returned to the State Capitol on January 11th for a 46-day General Assembly ‘session’ to review amendments to the biennial budget and act on thousands of pieces of legislation. The primary goal of advancing REALTOR® priorities at the state level is to shape the future of real estate in […]