Blog
June 2018 Loudoun County Market Trends Report: Prices reach a record high amid low inventory; Overall sales are up slightly as condo sales soar.
July 13, 2018
Overview Loudoun County’s median home sale price reached $500,000 in June—an increase of 6.4 percent on an annualized basis. This is the highest monthly median sales value on record. For the 36th consecutive month, Loudoun County’s active listings declined, reaching the lowest recorded June inventory number in over a decade. At the end of June […]
NAR Call for Action: Congress Must Reauthorize the National Flood Insurance Program
July 5, 2018
The current National Flood Insurance Program (NFIP) is set to expire on July 31st if there is no Congressional action. Without federal flood insurance, millions of home and small business owners in 22,000 communities nationwide will not be able to obtain insurance to protect their property against flooding! This will cause an estimated delay or cancellation […]
What the Association Health Plan Rule Means for REALTORS®
June 22, 2018
The U.S Department of Labor (DOL) has finalized its long-awaited Association Health Plan (AHP) rule to expand the definition of “employer” to include “working owners.” This change allows real estate professionals and other self-employed individuals to participate in association health plans. A key provision, forwarded for inclusion in the rule by NAR, will allow many REALTORS® […]
Check out Recent Caveat REALTOR® Podcasts on EMD and Teams
June 17, 2018
Earnest Money Deposits Laura and Jon talk about the risks involved for real estate licenses with regard to confirming that EMDs have been paid into escrow, particularly when it comes to the potential for identity theft. They also answer some questions from the legal hotline regarding how to handle EMDs, both from the listing and […]
Loudoun County Short-Term Rental Registration Process Begins in July
May 10, 2018
The Loudoun County Board of Supervisors recently adopted a new ordinance that requires some operators of short-term residential rentals to register with the county. Beginning July 1, 2018, property owners who rent their property for 30 days or less will be required to provide county officials with information about their rentals. Real estate licensees and […]
You’re Invited: Learn Why the Loudoun 2040 Plan is Important to You, 4/3, 9:30AM
April 2, 2018
On Wednesday, April 3, 2019, members of the Government Affairs Committee will meet with Jeffrey Salmon, Loudoun County Planning Commissioner. The Committee invited Jeff in order to learn about the draft Loudoun 2040 Comprehensive Plan. The draft Plan includes policies and goals for the future development of Loudoun County. If enacted, it will guide where […]
Charting the Changes: Bright MLS Provides Important Update to Subscribers
March 9, 2018
The message below was sent to all Bright MLS subscribers providing an an update on past, present and future changes to expect with the system:Over the past year we’ve been busy building the foundation of the new Bright MLS system and on continued alignment of fees and policies across the entire Bright footprint. There have […]
New Pricing Structure for Bright MLS Data Feeds Announced
February 26, 2018
Bright’s philosophy is to provide a standard MLS product that offers core tools needed by most agents for a competitive price. In addition to the standard MLS product, Bright MLS also provides premium products, which are optional, and provided at an additional cost for those who want enhanced services for their clients. IDX, VOW or […]
DAAR Members Help Transform the Loudoun Abused Women’s Shelter
February 19, 2018
Members of the Dulles Area Association of REALTORS® (DAAR) demonstrated their commitment to community service by lending their time and talents to helping transform Leesburg’s Loudoun Abused Women’s Shelter (LAWS). Almost 50 DAAR members and their families and friends participated in a three-day painting event over the weekend of February 17-19, 2018. Combined, they provided […]
Virginia REALTORS® 2018 Legislative Agenda: the Halfway Point
February 11, 2018
We are at the hallway point in the Virginia General Assembly 2018 Session. By Tuesday, February 13th, bills passed in one chamber will “Cross Over” to the other chamber for action. All of the legislative initiatives advanced by the Virginia REALTORS® have passed (or should pass) in one chamber by Tuesday and will be heard […]