Blog
July 2017 Loudoun County Market Trends Report: Inventory Continues to Tighten; Sales Growth Stabilizes
August 16, 2017
The following analysis of the Loudoun County, Virginia housing market has been prepared by George Mason University’s Center for Regional Analysis. It was prepared for the Dulles Area Association of REALTORS® by analyzing Bright MLS housing data from MarketStats by ShowingTime. Overview • For the 25th consecutive month, active inventory continued to decline. At the end […]
Need to Know: Loudoun Changes Temporary Sign Rules; New State Law Addresses HOA’s Treatment of Signs
August 8, 2017
Over the past few months, there have been several changes made to rules pertaining to the placement of temporary signs on private property in Loudoun County and the treatment of real estate signs by Property Owners Association (POA) or Condo Owners Association (COA) in the state of Virginia. Temporary Signs on Private Property in Loudoun County […]
REALTOR® Safety Does Matter! – 9/11
August 1, 2017
REALTOR® Safety Does Matter! September 11, 2017 10:30a.m. – 12:30p.m. Join instructor, Kevin McGrath to quickly learn how to assess a potentially dangerous situation and take appropriate action. Have you ever shown a home to complete strangers and realized at that moment how vulnerable you were and you didn’t take any safety measures? […]
Broker Breakfast with DPOR Director Jay DeBoer: Presentation Available
July 16, 2017
Over thirty brokers and members of DAAR’s Board of Directors gathered on Friday, July 14th, 2017 to meet with Jay DeBoer, J.D., Director, Department of Professional and Occupational Regulation who provided an update on legal issues and trends. Mr. DeBoer provided an overview on a variety of topics including changes to the Residential Property Disclosure Act form, types […]
It’s Your Time to Lead: Join DAAR’s Board of Directors – Apply by 8/18/17
July 14, 2017
TAKE THE LEAD! Join DAAR’s Board of Directors Deadline to Apply: Friday, August 18th, 2017 DAAR is seeking candidates to become part of our 2018 leadership team. If you or someone you know is interested in taking your membership to the next level, please review the information below and submit your application Valuable benefits include: […]
Be Aware of POA Form Language
July 12, 2017
The Virginia REALTORS® legal and government affairs teams are working to amend recently-changed language to a form that may affect property owner association related transactions. The Common Interest Community (CIC) Board has amended the Virginia Property Owners’ Association Disclosure Packet Notice Form, which is required to accompany all property owner association disclosure packets. This form […]
Need to Know: New Buyer Beware Disclosures Update
July 10, 2017
This past week many members were caught off guard by a change that the Department of Professional and Occupational Regulation (DPOR) made to the Residential Property Disclosure Statement – Notice to Seller and Purchaser form (also known as the Residential Property Disclosure Act form). The Virginia REALTORS® legal and government affairs teams went to bat […]
CFPB Final Rule Clear on Ability to Share Closing Disclosures
July 10, 2017
On July 7, 2017, the Consumer Financial Protection Bureau (CFPB) released the final rule amending the “Know Before You Owe” (KBYO or TRID) mortgage disclosure rule. As advocated for by NAR, the final rule clarifies the ability to share the Closing Disclosure (CD) with third parties – a victory for real estate professionals nationwide. As […]
Need to Know: New Real Estate Laws Effective July 1st
June 22, 2017
New laws in Virginia always start on July 1st, and this year is no different. There are several new laws and other changes that could impact the real estate industry that will go into effect July 1, 2017. DAAR members joined with the Virginia REALTORS® during the 2017 General Assembly Session to help make sure […]
Effective July 1st, 2017 Home Inspectors in VA must be Licensed
June 16, 2017
Where did this come from? In 2015 and 2016, the Virginia General Assembly passed laws requiring the certification and licensure of Virginia home inspectors. Those requirements take effect THIS YEAR on July 1st. What does it mean? Effective July 1, if you recommend an unlicensed home inspector, YOU MAY BE LIABLE. Home inspectors with current certifications […]