Blog

Virginia REALTORS® Advocate on Behalf of the Industry

January 26, 2019

The 2019 Virginia General Assembly Session has begun and all of the bills advanced by the Virginia REALTORS® are moving! This session will be ‘short,’ only lasting 46 days. It is scheduled to end on Saturday, February 23rd. Join us in Richmond to help advocate on behalf of your business at the 2019 Virginia REALTORS® […]

Call for Action: Virginia Assembly Health Insurance Legislation

January 25, 2019

On Friday, January 25, 2019, the Virginia REALTORS® launched an all-member Call For Action on several health insurance related bills being considered by the Virginia General Assembly.  While these bills approach the problem in different ways, each could open the door for more coverage options for our members. Senate Bill 1689 (Dunnavant) – Allows certain […]

Treasury, IRS Give Big Win to Real Estate Professionals in Qualified Business Income Rule; Safe Harbor for Rental Income

January 25, 2019

WASHINGTON (January 22, 2019) – Late last week, the Treasury Department and the Internal Revenue Service issued final regulations regarding the new 20 percent deduction on qualified business income. As Americans begin preparations for the 2018 tax filing season, real estate professionals have been uncertain about the true impact of the 2017 Tax Cuts and […]

DAAR Member Chrissie Goodrum Appointed to Loudoun County Board of Equalization

January 17, 2019

The Dulles Area Association of REALTORS® is pleased to announce that Chrissie Goodrum, Century 21 Redwood Realty, has been appointed to the Loudoun County Board of Equalization. “As an active REALTOR® and a long-term Certified Public Accountant (CPA), Goodrum contributes her financial skills and expertise here at DAAR,” said Phyllis Stakem, DAAR 2019 President. “We […]

Virginia REALTORS® Chief Economist Breaks Down the Truth About HQ2

January 17, 2019

The announcement of Amazon’s HQ2 coming to Virginia has been dominating media stories across the Commonwealth. Reports of dramatic changes ahead for the housing market have REALTORS® and sellers on the edge of their seats… but are those reports accurate? Virginia REALTORS® new Chief Economist, Dr. Lisa Sturtevant, recently attended a forum on Amazon and […]

Did you Know? Listing Agents Can Use a CBS Code for Extra Layer of Security

January 16, 2019

  The call before showing code (CBS code) is an additional code you may need to enter before you can access the key compartment of a lockbox. It is an extra layer of security on the lockbox requiring an additional code before the key compartment will open.  Not all lockboxes use a CBS code. A […]

December 2018 Loudoun County Market Trends Report: Active Listings Lowest in Over a Decade

January 15, 2019

Overview Inventory continued to tighten in December, despite a modest increase in new listings in November. There were only 786 active listings in Loudoun County in December 2018, the fewest active listings in over a decade for any month. The number of active listings declined 12.1 percent from December 2017 to December 2018; declines were […]

What a Government Shutdown Means for REALTORS®

January 14, 2019

(As of January 14, 2019) As of midnight on December 21, 2018, the President and Congress were unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government. As a result, a partial shutdown of some government operations has occurred. This partial shutdown includes some federal housing, mortgage and other […]

You’re Invited: Learn about Key Transportation Issues in our Region on 1/9, 9:30AM

January 3, 2019

On Wednesday, January 9, 2019, members of the Government Affairs Committee will meet with Jason Stanford, Executive Director of the Northern Virginia Transportation Alliance. The Committee invited Jason in order to learn more about the Alliance’s 2019 legislative and regional priorities, other transportation-related issues that could surface during the 2019 Virginia General Assembly session, and […]

Act Now to Protect Association Health Plans

December 20, 2018

Virginia REALTORS® Action Alert We need your help to protect lower cost health options for you and your family! Earlier this year, Virginia Attorney General Mark Herring entered Virginia in a lawsuit against a U.S. Department of Labor ruling that expanded the definition of “employer” to include “working owner” in Association Health Plans (AHP). Virginia […]