Blog
What REALTORS® Need to Know About the New Tax Law
December 13, 2018
Changes to the U.S. Tax Code that potentially can save you thousands of dollars were enacted last year as part of the Tax Cuts & Jobs Act. The changes include a new deduction available to you as an independent contractor or sole proprietor for reducing your tax liability by 20 percent. How to take this […]
Important Notice: Pay Dues for SentriLock by 12/20 to Avoid Late Fee
December 12, 2018
To streamline the process for obtaining access to SentriLock keyholder services, members received an invoice directly from SentriLock for your key service renewal. Accordingly, key service renewal fees are no longer be paid directly to the Dulles Area Association of REALTORS® as it will be paid to SentriLock. Beginning in November, you received several emails from SentriLock notifying […]
You’re Invited: NVAR Standard Forms Updates Class – Monday, 1/7, 10AM-12PM
December 6, 2018
You’re invited to learn about updates to NVAR Standard Forms on Monday, January 7, 2019, 10AM-12PM, DAAR, Ashburn. Featured speaker Keith Barrett, Esq, Vesta Settlements, will review and answer questions regarding the latest changes effective January 1st, 2019. Free for DAAR Members. Register online here. For more information, view the flyer.
Dulles Area Association of REALTORS® 2019 Officers and Directors Installed
December 6, 2018
Phyllis Stakem, Principal Broker at RE/MAX Select Properties, Inc., Ashburn, VA, was installed as the 2019 President of the Dulles Area Association of REALTORS® (DAAR) at the annual Holiday Party and Board Installation. The event took place on December 6, 2018 and included the installation of the eighteen local area REALTORS® and two Affiliate members […]
Update from Bright MLS: 7 Need-to-Know Rules, Listing Status Changes, DOM and More
December 6, 2018
Now that you’ve been using Bright as your MLS, you may have noticed some differences that weren’t quite so obvious when you first logged in, especially when you consider the rules, statuses and available property types. It’s important that you become familiar with these nuances, as well as the new rules and definitions that impact […]
Thank You for Making the 2018 Winter Warmth Drive a Success!!
November 28, 2018
The 2018 Winter Warmth cold weather clothing and blanket drive organized by the Community Service Committee was a great success! DAAR members dropped off coats from the end of September through November 12th. The Community Service Committee collected and distributed 20 huge bags of clothing, sheets and blankets to Mobile Hope, LAWS and The Loudoun […]
Conforming Loan Limits to Rise 6.9%
November 28, 2018
The maximum conforming loan amount that Fannie Mae and Freddie Mac can back will increase to $484,350 from $453,100 in 2019, a 6.9 percent increase, the Federal Housing Finance Agency announced today. NAR President John Smaby applauded the action, saying it will help keep homeownership within reach for many households by ensuring loan limits keep pace […]
Active Under Contract vs. Pending Status: What You Need to Know
November 28, 2018
There are two statuses in Bright that seem similar, but have different meanings: Active Under Contract and Pending. While both of these statuses are used when a contract is in place, there are a few differences you’ll need to know about. The difference between Active Under Contract and Pending Status in Bright When a listing is in Active Under […]
Virginia REALTORS: Provide Your Opinion about the VREB Regulations
November 27, 2018
Now is the time to have your voice heard! The Virginia Real Estate Board (VREB) has begun the process of looking at and possibly amending the regulations that you, as a REALTOR®, are required to follow. The Virginia REALTORS has created a survey for you to take where you will have the chance to voice your […]
REALTORS: You May be Eligible for Group Health Insurance thanks to a New Virginia Law
November 26, 2018
This year, an important new law in Virginia approved expanding health insurance options for self- employed individuals, including REALTORS® who meet the self-employed eligibility definition. Effective July 1st, 2018, SB 672 , introduced by Senator Creigh Deeds, changed the definition of a group for the purposes of purchasing health insurance to allow a one-person single […]