Podcast appearances and mentions of virginia realtors

Virginia home sales were up 10.7% in July, when compared to the same month last year, according to the Virginia Home Sales Report released on Wednesday by Virginia Realtors. The report showed that inventory continued to expand in the state, with 19,162 active listings statewide at the end of July, which is 4,223 more listings than a year ago – a 28.3% increase. There also were also 12,439 new listings that came onto the market in Virginia in July, a 13.6% increase (nearly 1,500 more homes) when compared to the same month in 2023. “Virginia's inventory of active listings has...Article LinkSupport the Show.

The Virginia Home Sales Report, published recently by Virginia Realtors, found that home sales in the state declined slightly in June compared to the same month last year. According to the report, 10,018 homes were sold statewide this June, 974 fewer than were sold in June 2023. But, the report also indicated that overall sales activity across Virginia in 2024 was slightly outpacing the first six months of 2023 even though mortgage rates have been higher this year than last year. "This year's rise in home sales could suggest that some portions of the buyer pool are getting more acclimated...Article LinkSupport the Show.

Virginia's housing market was mixed in May, according to a report from Virginia Realtors. The total number of homes sold statewide was 10,715 (423 more than in May 2023) but pending sales were flat, potentially signaling some market hesitation, according to the study's authors. The median sales price in the state reached a new high of 5,000 – ,000 more than last May – and the number of homes on the market continues to expand, with active listings rising by nearly 28% to 17,712 when compared with May 2023. This highest growth in sales occurred in the Shenandoah Valley, the...Article LinkSupport the Show.

In light of AANHPI Heritage Month, Sejal interviews Virginia REALTORS® 2024 President-Elect Lorraine Arora. Lorraine has been a REALTOR® for over three decades and is now a broker. In this interview, we find out more about her journey in the real estate industry, lessons she has learned along the way, and what continues to drive her to be a part of this industry.

Virginia's housing market picked up in February, with sales up 3.5% compared to the same month in 2023, according to the Virginia Realtors' Virginia Home Sales Report released last month. According to the report, 6,733 homes were sold statewide in February, and 16,004 homes were on the market at the end of the month – an increase of 10% from February 2023. Of those homes, about 1,400 were new listings in February – a jump of nearly 17% from new listings last February. It was the largest influx of new properties on the market in Virginia since the summer of...Article LinkSupport the show

The housing market in Virginia witnessed a slow start to the new year, according to the Virginia Home Sales Report from Virginia Realtors. In January, 5,640 home sales were recorded throughout the state – just 31 more sales than during the same month in 2023. At the end of January, there were 15,229 active listings on the market (362 more listings than at the end of January 2023). But that increase is more attributable to homes remaining on the market longer than to more homes being listed, Virginia Realtors officials said. “Many homeowners looking to buy another home remain reluctant...Article LinkSupport the show

In honor of Black History Month, Virginia REALTORS® presents a two-part interview with Guy Allen. Guy is President of the Northern Virginia chapter of the National Association of Real Estate Brokers (NAREB) with over 40 years of experience in real estate. In this interview, he brings us on an audio journey through the decades, describing his career path, the challenges black individuals face in real estate, along with tangible actions for the future.

In honor of Black History Month, Virginia REALTORS® presents a two-part interview with Guy Allen. Guy is President of the Northern Virginia chapter of the National Association of Real Estate Brokers (NAREB) with over 40 years of experience in real estate. In this interview, he brings us on an audio journey through the decades, describing his career path, the challenges black individuals face in real estate, along with tangible actions for the future.

The Virginia housing market has seen its slowest sales in nearly a decade, according to the latest report released by Virginia Realtors. According to the December 2023 Virginia Home Sales Report, the total number of homes sold statewide in 2023 was 98,464, which is a significant 24,780 decrease from the same annual total in 2022 (a 20% drop in activity). The report indicates that the primary causes of the slowdown were rising mortgage rates and a lack of inventory. This trend was widespread, with 88% of counties and cities throughout the state reporting fewer sales in 2023 compared to 2022....Article LinkSupport the show

Home sales in Virginia dropped by more than 21% this September when compared with the same month last year, according to the Virginia Realtors' Virginia Home Sales Report. A total of 8,023 homes sold across the commonwealth last month – 2,149 fewer sales than occurred in September 2022. The numbers highlight the slowest September market in Virginia in more than a decade. In total, there were 18,188 active listings throughout Virginia at the end of September, 1,605 fewer than a year ago, an 8.1 percent decrease.   Even with the slowdown in transactions, the market remains competitive, as evidenced by...Article LinkSupport the show

A chance for Henrico students to learn about career options; a loaded gun stopped at RIC; a local nonprofit launches a series of Family Cafe events; a candidate forum is planned Saturday for Virginia Senate, House of Delegates candidates; Virginia Realtors makes its 2024 economic predictions; a Glen Allen woman's recipes earns a blue ribbon from a national organization.Support the show

Virginia's largest trade association has released its 2024 Economic & Housing Market Forecast, predicting what is ahead for the commonwealth. Among the predictions made by Virginia Realtors in the report are a net job change in Virginia of 0.1 percent (approximately 3,000 jobs) in 2024  compared to 2023, and an unemployment rate expected to rise from 2023's predicted rate of 2.9 percent. By the end of 2024, the unemployment rate is projected to climb to 3.6 percent. As for home sales, Virginia Realtors predicts an 11.4 percent increase in sales overall in 2024. The median home price in Virginia is...Article LinkSupport the show

Even as the housing market in Virginia has slowed, prices remain high statewide, researchers told the Virginia Housing Commission Tuesday. “The theme is slow yet competitive,” said Ryan Price, chief economist for Virginia Realtors. “A lot of things are driving that, primarily the increase in interest rates, which has deterred both buyers and would-be sellers, but also our inventory, the lack of inventory that we have out there.” While new home construction in Virginia has continued to grow in 2022, building still lags levels seen in the state historically, said Hamilton Lombard, a demographer for the Weldon Cooper Center for...Article LinkSupport the show

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Lisa Sturtevant, Chief Economist for Bright MLS, to talk about the big trends shaping the housing market in 2023 and beyond. Lisa looks at how housing preferences have changed across generations, provides insights into current demographic trends, gives her take on what's working (and what's not) with public policy, and outlines her expectations for inflation, recession and more. She also shares a few optimistic signs for affordability this year and offers some helpful advice for potential buyers. About Lisa Sturtevant Dr. Lisa Sturtevant has been involved in research on economic, demographic, and housing market issues for more than 20 years. She currently serves as Chief Economist with Bright MLS, one of the largest multiple listing services in the country, serving over 100,000 subscribers across 6 states and the District of Columbia. In her role, she leads research and forecast activities for Bright, serving as a thought leader on the housing market. Prior to her position at Bright MLS, Dr. Sturtevant was Chief Economist with Virginia REALTORS ® . She was founder and president of LSA Planning, a housing consulting firm, and has served in other research capacities at non-profit organizations and universities. Dr. Sturtevant completed her PhD in public policy from George Mason University, a master's degree in public policy from the University of Maryland, and a BS in mathematical economics from Wake Forest University. Here's a glimpse of what you'll learn:  How housing preferences have changed across generations, and why that matters What we should know about millennials and new immigrants, including where they're buying and implications for future housing needs The latest trends for Zoom Towns and first-tier suburban home demand What public policy gets wrong about planning for affordability Why she sees some optimistic signs for affordability this year, and where longer-term opportunities lie How housing decisions get made at the local level Which areas are having success with zoning and construction policy Why 2023 looks like a “touch-and-go” economy rather than a “soft landing” Her expectations for inflation and recession Her advice to potential buyers right now Resources mentioned in this episode: Lisa Sturtevant on LinkedIn Bright MLS Mike Simonsen on LinkedIn Altos Research Featuring Mike Simonsen, President of Altos Research A true data geek, Mike founded Altos Research in 2006 to bring data and insight on the U.S. housing market to those who need it most. The company now serves the largest Wall Street investment firms, banks, and tens of thousands of real estate professionals around the country. Mike's insights on the market have been featured in Forbes, New York Times, Bloomberg, Dallas Morning News, Seattle PI, and many other national media outlets. Follow us on Twitter for more data analysis and insights: https://twitter.com/altosresearch https://twitter.com/mikesimonsen

The following is directly from the Virginia Realtors' Advocacy page and is linked below.  The information about payment due at order was gained from a group conversation with legislators and is not able to be documented at this time.  It is suggested that the ordering and payment be performed directly by the seller.  Agents may wish to start taking a facilitators role in assisting owners to perform this, rather than taking the burden upon themselves to order and pay for the documents.https://virginiarealtors.org/advocacy/legislativeagenda/https://virginiarealtors.org/advocacy/legislativeagenda/Resale Disclosure ActHB 2235 – Delegate Will WamplerSB 1222 – Senator Monty MasonThis bill seeks to create one place within Common Interest Community law to find all information on resale disclosures that are required when a property located within a common interest community is sold. The bill takes current disclosure language out of the POA, Condo, and Cooperative Acts and consolidates it within a new chapter entitled the Resale Disclosure Act. The Act uses one term, “the resale certificate” for the packet of information that are required to go from the Association to a buyer when a property located within a CIC is sold. The Act also sets forth the requirements for contract disclosures, formatting and contents of the resale certificate, applicable fees, termination rights, and liability. The purpose of this change is to consolidate information that was spread over three different chapters in the code and often included different requirements, terms, and definitions. This change also seeks to clarify code language and update obligations to current day. Some substantive changes include the contents and format of the resale certificate, the process of calculating fees, and when the fees are paid.If you have questions or thoughts about the 2023 Virginia REALTORS® agenda or other Government Relations efforts, please contact us at advocacy@virginiarealtors.org.

Laura and Santiago discuss the appraisal language in Virginia REALTORS®' Standard Clause Booklet.

The median sales price of a home in Henrico through the first quarter of 2021 was 0,000 – up about 8.1% from the same period last year, according to the March 2021 Home Sales Report from Virginia Realtors. Statewide, that figure was 11.7% higher when compared with the same period last year, according to the report. Henrico’s increase trailed that of Richmond (up 24.2%, to 0,500) and Chesterfield (up 19.2%, to 8,310) but was higher than that of Hanover (up 7.4%, to 2,725). So far in 2021, 1,006 homes have sold in Henrico – nine more than sold through the...Article LinkSupport the show (http://henricocitizen.com/contribute)

Not too long ago, REALTORS were unified, often claiming to be neither Democrat nor Republican but members of the REALTOR Party. Today, however, the polarization in our country is reflected in the real estate community. And the recent changes to the NAR Code of Ethics, specifically Standard of Practice 10-5, seem to have pushed us even farther apart. So, how are these changes likely to affect REALTORS in practice? Can we be more inclusive without favoring one political party over another?   Laura Farley serves as General Counsel at the Virginia REALTORS Association, and she has more than 10 years of experience handling and supervising professional standards cases. Prior to joining the state association, Laura was an attorney for the Northern Virginia Association of REALTORS. On this episode of Industry Relations, Laura joins Rob and Greg to provide an overview of the three major changes to NAR’s Code of Ethics and offer insight into how those changes might impact real estate professionals now that the professional standards apply to everything a REALTOR does, real estate related or not.   Laura explains why NAR’s list of protected classes in Standard of Practice 10-5 is more inclusive than a lot of states and addresses the subjective nature of determining intent as well as the concerns that 10-5 gives some REALTORS more speech rights than others. She also discusses the significance of removing the word ‘willful’ from NAR’s definition of public trust, introducing us to the concept of disparate impact—and why it may or may not apply to Article 10. Listen in for Laura’s insight on how 10-5 has further polarized the REALTOR community and get her take on the best possible outcome around the revised Code of Ethics.   What’s Discussed:     Laura’s decade of legal experience with professional standards cases Laura’s overview of the 3 major changes to the NAR Code of Ethics Why NAR’s list of protected classes is more inclusive than most state lists The significance of the word ‘use’ in Standard of Practice 10-5 (REALTORS must not ‘use’ harassing speech, hate speech, epithets or slurs) The controversy around how 10-5 gives some REALTORS more speech rights than others The subjective nature of determining an agent’s intent to harm, hurt or harass How Laura thinks about the concerns of REALTORS on the political right re: implicit bias The significance of removing the word ‘willful’ from the definition of public trust The concept of disparate impact and why it may or may not apply to Article 10 How the change to 10-5 has further polarized the REALTOR community   Connect with Laura:   Virginia REALTORS Laura at Virginia REALTORS     Connect with Rob and Greg:    Rob’s Website Greg’s Website    Resources: Laura’s Code of Ethics Update Video Virginia REALTORS Code of Ethics Resources NAR Code of Ethics Changes NAR’s Code of Ethics & Standards of Practice Rob’s Post on an Alternative to the New Speech Code Virginia REALTORS Diversity & Inclusion PAG Rob’s Post on Disparate Impact Norwood v. Harrison Railway v. Hanson Jenna Ryan   Our Sponsors:    Cloud MLX Notorious VIP

Lisa Sturtevant, PhD, Chief Economist for Virginia Realtors, joined Keith Smith and me on “Real Talk: An Insider's Guide To Real Estate In Central Virginia” powered by The YES Team Realtors and Yonna Smith! “Real Talk” airs every Tuesday and Friday from 10:15 am – 11 am on The I Love CVille Network! “Real Talk” is presented by Roy Wheeler Realty Co., Charlottesville Settlement Company, LLC, Pearl Certification, Intrastate Inc., MarieBette Café & Bakery, Scott Morris – Home Loans and Dairy Market.

Co-Hosts: - Philip Feigen, Polsinelli D.C. Office Managing Partner - Iliana Peters, Polsinelli Shareholder - Noam Fischman, Polsinelli Shareholder - Shannon Graving, ACC National Capital Region Executive Director Guests: -Vanessa Allen Sutherland - Executive Vice President and Chief Legal Officer, Norfolk Southern Corporation -Brian W. Ellis - Sr. VP & General Counsel, Danaher -Laura Farley - General Counsel, Virginia REALTORS® -Amy Yeung - General Counsel, Lotame Listen to In-House Influence podcasts on iTunes, Podomatic and Spotify.

Today’s Patreon-fueled shout-out comes from a contributor who wants to say: "Early voting is underway for all registered voters. Vote in-person or request a ballot by mail. Register to vote by October 13. Visit elections.virginia.gov/registration/voter-forms to do so today.”*The seven day average for positive test results in Virginia has dropped to its lowest level yet with 4.7 percent reported by the state Department of Health. That’s down from 5.7 percent a week ago. Over the weekend, the state passed the two million mark for the number of PCR tests conducted. On Saturday the VDH reported 975 new cases, 736 on Sunday and 449 this morning. In Charlottesville, 78 new cases have been reported since Friday, with 41 in Albemarle. In Charlottesville, the seven-day average of new cases per 100,000 is 40.7. In Albemarle that figure is 9.9 today, and statewide the figure is 9.1 today. The seven-day average for positive tests in the Thomas Jefferson Health District is at 4.1 percent. That number was also 4.1 percent last Monday and increased to as high as 4.9 percent in the last week. The University of Virginia reported 41 new cases of COVID-19 on Friday afternoon, and will not update their official tracker with the weekend’s results until later on today. Later this week residents of two residence halls will receive follow-up tests, including Hancock where the University reported 16 cases among 115 residents on Thursday. There have been no new updates on the the UVA Facebook page since. Last week, President Jim Ryan announced a five-person limit on gatherings for students on and off Grounds as well as mandatory mask use. * Water that fell on the Charlottesville region this weekend is slowly finding its way into the Rivanna River, and one major overarching environmental goal of the last century is to prevent as many pollutants from going along for the ride. On Friday, a governmental agency that seeks to promote awareness of the Rivanna River’s watershed gathered virtually for an online conference. Anne Coates is the director of the Thomas Jefferson Soil and Water Conservation District, part of a nationwide network formed nearly a hundred years ago when few considerations were given to how land was used and the air was thick with sediment windborne from poorly managed properties across the country. “We were formed in the 1930’s in response to the dustbowl,” said Anne Coates, the TJSWCD’s director. “[President] Roosevelt sent letters to all the Governors nationwide asking them to set up local legislation that would allow for what he considered to be for important local influence. He wanted local landowners to work with local directors and decision makers to really determine what the resource concerns were in their area and not have their federal government tell them they needed to do something specific.” Nationwide there are 3,000 such districts, and the Thomas Jefferson Soil and Water Conservation district is one of 47 in Virginia. The local district dates back to 1939 and consists of elected and appointed officials in Albemarle, Charlottesville and surrounding counties, with direct election of ten of its board of directors. Coates said our district focuses mostly on agriculture, though residential property owners can also qualify for funding in some situations. The goal is to reduce the amount of nitrogen, phosphorus and sediment that makes it way into the Chesapeake Bay, which is where rain that falls here ends up. They do that by helping to pay for projects like keeping livestock out of creeks and streams. “Most of our programs are voluntary programs, certainly our agricultural program is, and that’s been primarily, the success of the program is because it’s voluntary based,” Coates said. Coates said partnerships between the government and landowners have resulted in protection of over 3,000 acres of riparian buffers and 300 miles of streambank in the district since 1998. In Albemarle County, that number is 122 miles of streambank. *Over six months have passed since the beginning of the pandemic and that’s enough time to get some sense of how the sudden change in the economy affected the local real estate market. Dr. Lisa Sturtevant is chief economist for Virginia Realtors and she was the first speaker in a series the Thomas Jefferson Planning District Commission is putting on to promote its Regional Housing Partnership. She set the stage by describing where the sales market is at the moment.“We’ve gone through a really dramatic downturn in the economy and we are now in sort of a period of recovery,” Sturtevant said. “And we’ve heard all sorts of different letters for how the recovery may happen. A V-shape, a W-shape, an L-shape. And the latest letter is K and this K shape recovery is one way to think about how some people are benefitting in this recovery more than others.”Sturtevant said some sectors of the economy were hit harder than others, with sharp decreases in the hospitality sector. Still, Virginia and the nation have seen four straight months of job growth, and in August the unemployment rate was 6.1 percent.“But keep in mind last year at this time the unemployment rate was about three percent,” Sturtevant said. She said the number of people who applied for benefits hit a peak in March and April, and then tapered down. “And in mid-September, about 186,000 Virginians were receiving unemployment which is well below where we were this spring but well above where a typical economy would be,” Sturtevant said. Sturtevant said the housing market has improved faster than the rest of the economy. A lack of supply is increasing sales prices across the state.“Inventory, though, supply, remains the major constraint and COVID has exacerbated what was already a tight housing market in just about every regional housing market across Virginia,” Sturtevant said. “We’ve seen similar trends in the Charlottesville area where inventory has been on the decline really for five or six straight years and in August, the number of active listings was down by about 43 percent compared to a year ago.” The next installment of the Regional Housing Partnership’s Speaker Series is set for October 22 and the topic is Regional Housing Strategies and Policies. *Today in meetings, the Charlottesville Redevelopment and Housing Authority meets at 6 p.m. with updates on safety and redevelopment efforts. There’s still no date for when ground will break for new public housing units at South First Street or when work to renovate Crescent Halls will begin. However, a redevelopment update in the meeting packet has a lot of details about what needs to happen first. Interested in parks and greenways in the Pantops area? The Community Advisory Committee for that part of Albemarle meets at six and has an update from parks planner Tim Padalino.  (meeting info)Interested in Albemarle history? You might consider the Albemarle Historic Preservation Committee will begin its regular monthly gathering at 4:30 p.m. They will get an update on the Crozet Master Plan and potential conservation easements. There will also be a further discussion of new historical markers in Albemarle as well as potential policy options to increase historical preservation efforts in the county. (meeting info) This is a public episode. Get access to private episodes at communityengagement.substack.com/subscribe

Support for this program comes from the many people who have decided to fund it through a monthly contribution through my Patreon account. For $25 a month, you too can have me read a shout-out! Support also comes from those who have paid for a subscription through this newsletter service. Either way, thank you!  Over 3,540 Albemarle voters have already cast their ballot in early voting, according to county registrar Jake Washburne. Jim Heilman, a member of the county’s electoral board, gave an update to the Places29-Rio Community Advisory Committee last night as part of their monthly meeting. There are 39 days including today until November 3, the final deadline for voting in this year’s federal election. Early voting is underway across Virginia and local election officials are trying to get the word out about what has changed in this pandemic year. “We have basically a perfect storm of an election this year,” said Jim Heilman, a member of the Albemarle County Electoral Board. “All presidential elections are a storm for sure but this one has a lot of added things to it. We have a whole raft of new election laws.”These include expanded early voting and no-excuse absentee voting. Heilman said the electoral board is not seeing a spike in new voter registrations. “Voter registration is something that normally is spiking right now in a presidential year, but it’s not spiking here,” Heilman said. “It’s going up but it’s not spiking, and I think the main reason for that is because the normal ways of getting voter registration up by door-to-door registration drives and registration drives at concerts, Fridays after Five, none of those are happening.” Heilman and the rest of the electoral board and staff are recommending people vote in advance to avoid large crowds on election day. There is a pandemic after all. “However we do want to assure our voters that all 30 of our polling places will be open, and that we are making out best efforts to make that they are safe and clean on election day,” Heilman said.If you still need to register to vote, visit this site. *There are another 941 cases of COVID-19 reported today by the Virginia Department of Health, for a total of 144,433 since the pandemic began. At some point, Governor Ralph Northam and First Lady Pamela Northam will be among that number, as both tested positive for COVID-19 yesterday. That means they will be isolating for ten days. “As I’ve been reminding Virginians throughout this crisis, COVID-19 is very real and very contagious,” said Governor Northam in a release. “The safety and health of our staff and close contacts is of utmost importance to Pam and me, and we are working closely with the Department of Health to ensure that everyone is well taken care of.”Contact tracing is now underway. Another 23 deaths are reported today, but that figure represents a continuing update as death certificates come into the VDH. The seven day average for positive PCR test results has dropped to 5.1 percent. Statewide, there is an additional case of the Multisystem Inflammatory Syndrome in Children, for a total of nine to date. There are another 48 cases in the Thomas Jefferson Health District with 25 new cases in Charlottesville, and 18 from Albemarle. Looked at another way, there are 52 new cases per 100,000 people in Charlottesville, and 16.6 new cases per 100,000 in Albemarle. The seven-day rate for positive tests is now at 4.9 percent, up from 4.7 percent. The University of Virginia reported another 22 cases yesterday, all students. The official number of active cases is now at 238, and that means people tested at UVA who were positive in the past ten days. *Many who live in this region are unaware the confluence of the Rivanna and James Rivers in Fluvanna County is sacred ground for the Monacan Nation. Now the National Trust for Historic Protection has named the site known as Rassawek as one of its 11 most endangered places. “Researchers verified Rassawek’s location in the 1880s, the 1930s and the 1980s,” reads a Preservation Virginia blog post on the announcement. “It is the Monacan equivalent of Werowocomoco, the Powhatan capital now planned to be a national park.”The James River Water Authority has planned to locate a pump station on the site as part of an effort to bring public water to Zion Crossroads. In August, public pressure from the Monacan Nation and others led the Authority to hit pause on the planning process to explore previously discarded alternatives. The next meeting of the James River Water Authority is October 14. (read Allison Wrabel’s Daily Progress article from August)*Every part of the Earth contains plants that are home to that specific region. Some of these have fruits that make their way into the rest of the world, if they are a product that can be sold. But, what about the rest of the ecosystem from which that food comes from? Enrique Salmónis an ethnobotanist whose work is based on the belief that “all life-forms are interconnected and share the same breath.” That’s according to the materials for a presentation the Virginia Festival of the Book offered yesterday on Salmón’s book, Iwígara: American Indian Ethnobotanical Traditions and Science. He said he often gives his students this example. “I ask them, ‘well, how many of you like guacamole?’ And of course most of them will raise their hands although there are always a couple that don’t like the texture of avacado,” Salmón said. “I ask them where does guacamole come from, and most of them will know that it’s avocado. And then I ask them what does an avocado tree look like, and that’s when only one or two hands will go up and then I ask when do you pick avocados and most of the time, they don’t really know.”Salmón is head of the American Indian Studies Program at Cal State University-East Bay, in Hayward, California. The event can be watched on the Virginia Festival of the Book’s Facebook page.  *There are two meetings today both under the auspices of the Thomas Jefferson Planning District Commission (TJPDC). The TJPDC’s Regional Housing Partnership begins a fall speaker series. At 11 a.m., Dr. Lisa Sturtevant, chief economist with Virginia Realtors, will talk about the impact of COVID-19 on the Charlottesville Area housing market. (register)The Rivanna River Basin Commission will hold its annual conference at noon, this time virtually. There will be an update on the Chesapeake Bay Watershed Improvement Plan (WIP), a presentation on Best Management Practices for Stormwater Management, and updates on local efforts to improve water quality. You can listen to the 2018 conference here.  (more info and registration)If you made it to this point, I thank you. You are also likely someone who would be interested in filling out this survey I am doing as part of a course I am taking with the Community Investment Collaborative. As I launch this new venture, I am seeking ways to understand more about how what people think about news and information. This is my first ever attempt at market research, and if you have a moment, I’d love to get your thoughts. This is a public episode. Get access to private episodes at communityengagement.substack.com/subscribe

In this episode, you will learn: • Shane’s brief bio • How Shane started in the real estate business • About Shane’s horizontal income and personal expenses • Shane’s horizontal to net worth ratio • What Shane’s diet is like • Shane’s workout routine • Shane’s giving back ratio • What keeps Shane driven • Shane’s strength and weakness • Shane’s life happiness index • Where Shane sees himself ten years from now • Some of the great moments in Shane’s life • Plus, so much more! Over the past 20 years as a real estate Broker, Shane has had the pleasure to spend 18 years with KWRI. It has been a road of growth both personally and professionally and let him give you a hint: you need to read, go to classes, listen to live streams, attend Mega Camp and Family Reunion. Each of these activities will stretch you and challenge you to be the best that you can be. Shane got into real estate to have no limits and in being part of this company, he has exceeded every single goal he has set. Be BOLD and yes, it is more than a class and a purple band you wear on your wrist … it is a way of life. Over the past eleven years, Shane has served on the Board of Directors of NVAR and the Board of Directors of Virginia Realtors. In addition, he has been RPAC (Realtors Political Action Committee) Chairman, one of the largest contributors to RPAC and will be inducted into the NAR Hall of Fame in 2019. He shares this, to ask you to invest in your industry to protect your businesses. Shane’s responsibility as an Operating Principal is to cast the vision, secure our financial stability and maintain accountability of their market centers. This enables them to set goals and exceed them and continue down a firm path toward maximizing profitability and profit sharing among their agents and owners. Shane is proud to lead their organization of KW Metro Center with over 630 agents, nearly 3,000 closed transactions last 12 months, and being a $1.5 billion company. Shane and his wonderful wife Nicole are celebrating 20 years of marriage. Yes, it is their one and only one! They share their home in Alexandria with their two dogs Patton and Winston.

Interview with the new head of DPOR, Mary Broz-Vaughan. Virginia REALTORS®.

Mary and Anthony discuss why bad legislation is introduced and what the Virginia REALTORS® advocacy team does to combat it.

Anthony and Martin discuss what happened in the June primaries and how those results impact Virginia REALTORS®.

Now that the General Session has adjourned, learned what’s going on behind-the-scenes that could impact your business, and how the Virginia REALTORS® are advocating for your best interests.

Martin and Anthony share an update on the health plan legislation that impacts the REALTOR® community and share the newest call for action about this important issue. Go to virginiarealtors.org/actnow to take action on this matter. In addition, hear how Virginia REALTORS® has been working diligently to help get this passed.

Find out which Virginia REALTORS® legislation passed the 2019 General Assembly. How did our advocacy efforts fair with issues critical to YOUR business?

This week, the Virginia REALTORS® legal team celebrates the holidays with an episode dedicated to the January 1 Standard Forms updates. Laura and Jessica talk about the 14 forms that will be updated and how those updates might affect your business practices. They also sneak in some quotes from holiday movie favorites as our gift to you!

This week, the Virginia REALTORS® legal team discusses the 2019 updates to the Code of Ethics. Laura and Cate talk about the update to Standard of Practice 1-7, and what that update means for you as a real estate professional. They also answer some possibly made-up hotline questions regarding this update.

This week, the Virginia REALTORS® legal team discusses what you need to do to be compliant with the laws effective January 1, 2019. Jon and Cate talk about the new laws that will go into effect on January 1, with an emphasis on the laws regulating teams. They touch on the new definition of a team and what you must do to register with DPOR, and they answer some of the many questions we’ve received about these new laws.

This week, the Virginia REALTORS® legal team continues the discussion of how to best protect yourself in the digital age. Jessica and Jon discuss strong passwords, password managers, and two-factor authentication. They also provide tips to protect yourself from phishing and other email-based scams. Finally, they answer a few legal hotline questions and provide best practices for you to limit the risk to you and your clients.

This week, the Virginia REALTORS® legal team discusses the differences between properties that are “coming soon” and pocket listings. Jon and Laura talk about how to protect yourself as a listing agent if your clients want to use one of these two options, and the risky nature of pocket listings. Finally, they share tips that can help you limit your risk and answer some Legal Hotline questions.

This week, the Virginia REALTORS® legal team discusses two items that can be very important in your advertising: the REALTOR® Block R logo and the Equal Housing Opportunity Logo. Cate and Jessica discuss how the Block R logo can be used by REALTOR® members and how the Equal Housing logo can be advantageous if used correctly and consistently. Finally, they answer a few legal hotline questions about using these marks in advertising.

This week, the Virginia REALTORS® legal team talks about the DPOR regulations governing license renewal. Laura and Cate talk about both how soon a new agent can start practicing and how DPOR handles transfers between firms. They also discuss the delay in license lookup for an expired license and how that does not mean you can continue to practice. Finally, they answer some common legal hotline questions on the topic.

This week, the Virginia REALTORS® legal team discusses how to use a notice of termination and a release, and how using one without the other can get you into hot water. Cate and Jon talk about the differences between the two documents and the situations in which you would want to use one or both. They also answer some legal hotline questions, including discussing how a new law can allow you to release the EMD without a signed release.

This week, the Virginia REALTORS® legal team gets spoooooky with stories of property management nightmares! Cate and Jon discuss unauthorized animals, disappearing tenants, and abandoned property. Tune in and listen…if you dare!

This week, the Virginia REALTORS® legal team continues Property Management Month with a discussion of how to deal with defaulting tenants. Jon and Cate talk about the different ways in which tenants can default under a lease, and how the VRLTA allows you to handle those situations. They talk about failure to pay rent, unauthorized animals, and criminal activities on the property. Finally, they answer some real questions from the Legal Hotline.

This week, the Virginia REALTORS® legal team continues our Property Management series with a look at tenant move out inspections. Cate and Jon talk about the notice requirements for tenant move out and how they affect your deadlines to conduct the move-out inspection. They discuss the benefit of using a move-out inspection form, and they tell you what you should do if you discover additional damage after the move-out inspection.

This week, the Virginia REALTORS® legal team continues Property Management Month by discussing the eviction process. Jon and Cate talk about what notice is required to tenants before beginning the eviction process, as well as the legal steps necessary to obtain a writ of possession. They also answer some legal hotline questions and discuss how property managers can limit their risk during the eviction process.

This week, the Virginia REALTORS® legal team begins property management month with a discussion of the tenant application process. Cate and Jon discuss application fees, who needs to sign the lease, and what you can (and cannot) ask as part of the application process. They also talk about Fair Housing issues that often come up in the tenant selection process. Finally, they discuss best practices to help you limit your risk.

This week, the Virginia REALTORS® legal team takes everyone to school with Contracts 101. Jon and Laura discuss the basics of contract law, including how to accept an offer, the difference between unilateral and bilateral contracts, and whether an EMD is necessary to make a valid contract. They also answer some legal hotline questions, including whether you can write a contract with a settlement date two years in the future.

This week, the Virginia REALTORS® legal team discusses the recent Fair Housing complaint filed by HUD against Facebook. Laura and Erin talk about how to protect yourself while advertising on Facebook, as well as other platforms, if you want to use targeted advertising.

This week, the Virginia REALTORS® legal team talks about the disclosures you must make when you as a licensee are buying or selling a home. Cate and Erin discuss the requirements from both the Virginia Real Estate Board and the Code of Ethics. They also answer some legal hotline questions, including what to do if you’re a licensee in Virginia but are selling a property in another state.

This week, the Virginia REALTORS® legal team continues the discussion about unrepresented parties in a real estate transaction, this week focusing on the unrepresented buyer. Cate and Erin discuss what you as a licensee can and can’t do for an unrepresented party, particularly when it comes to offering your professional judgment. They then answer some questions from the legal hotline, including what to do if a prospective buyer refuses to sign a disclosure sheet.

This week, the Virginia REALTORS® legal team discusses some best practices for buyer agents when dealing with For Sale By Owner properties (FSBOs). Cate and Erin discuss the importance of the one-time showing agreement, as well as some negotiating tactics to use. They also answer some real-life questions from our members and tell you how to limit your risk when dealing with FSBOs.

This week, the Virginia REALTORS® legal team discusses the way Virginia regulates assistance animals. Jon and Cate talk about the requirements for assistance animals, including what you can and cannot ask about as the landlord or property manager. They also discuss the concept of therapeutic relationship and how a tenant can prove this relationship in Virginia. They also respond to real-life questions from the Legal Hotline and explain how you can limit your risk when dealing with assistance animals.

This week, the Virginia REALTORS® legal team discusses Article 1 of the Code of Ethics. Jon and Austin discuss the various standards of practice within Article 1, and how they govern your interactions with both your client and other parties to a transaction. They then answer some legal hotline questions and tell you how to limit your risk when it comes to the Code of Ethics.

This week, the Virginia REALTORS® legal team discusses a topic near and dear to our members’ hearts: how to get paid! Cate and Laura talk about the importance of a listing agreement and how an offer of compensation in the MLS can affect compensation. They then answer a few legal hotline questions, including what happens if the MLS offer is less than what is listed in the buyer brokerage agreement. Finally, they discuss how you can limit your risk and protect your earnings.