Real Estate News

 
  • August 01, 2023

    Getting to Know Bright MLS - Strategic Partner Spotlight Series

    NVAR Staff recently had the opportunity to interview Meagan Longerbeam, Customer Success Manager for the NVAR Region at Bright MLS. Read NVAR's takeaways from our conversation with Meagan!
  • July 31, 2023

    The Realtor® Code of Ethics in Action: Article 1

    Article 1 of the Code of Ethics says, "Realtors® pledge...to protect and promote the interests of their client. This obligation to the client primarily, but it does not relieve the Realtors® of their obligation to treat all parties honestly."
  • July 31, 2023

    What You Should Know: The NVAR Citation System

    The NVAR Citation System can address violations such as unauthorized access and advertising issues. The Citation System allows for a respondent to accept responsibility for the violation by paying a designated fine and attending appropriate educational courses. For more information, check out the NVAR Citation System here: NVAR Citation System
  • July 31, 2023

    Legal Hotline Question of the Month

    Legal Hotline Question of the Week: It’s lease renewal season! Can I use a lease addendum to renew a lease?
  • July 31, 2023

    Legal Reminder: New Statement of Tenant Rights and Responsibilites

    REMINDER: A new Statement of Tenant Rights and Responsibilities under the Virginia Residential Landlord and Tenant Act is available for all leases as of July 1, 2023. Landlords must provide this form to any prospective tenant for both parties to sign along with the lease. If your forms provider does not have the current version of the Statement, please find both the English and Spanish versions at the Virginia Department of Housing and Community Development.
  • July 31, 2023

    December 2023 Update: Seller Disclosure Requirement for Loudoun County – Airport Impact Overlay District

    On January 17, 2023, Loudoun County voted to update Section 4-1400 of their Zoning Ordinance to require that all home sales within the Airport Impact Overlay District (“AIOD”) include a disclosure notice to prospective buyers regarding the potential for airport noise near their homes.
  • July 28, 2023

    NVAR Ethics Complaints by the Numbers (2018 to 2023)*

    What conclusions can NVAR members draw from these numbers? One trend that stands out is that NVAR has received fewer complaints – especially in the first six months of 2023. Is the current real estate market causing this drop? Are Realtors® more professional? Meaning, are there fewer issues to report? Is there not enough awareness about the available dispute resolution processes? Feedback from NVAR’s volunteer leaders tells us that fewer complaints are likely a result of a combination of these factors.
  • July 28, 2023

    Key Passing: Collegiality or a Security Risk?

    Imagine the following scenario: You have just completed a showing with your clients. As you exit the property, a person representing themselves as “Randy the Realtor®” approaches and informs you that he has the next showing appointment. Randy then asks if you wouldn’t mind handing him the key to save him the trouble of opening the lockbox. What should you do?