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June 15, 2017 


Roanoke Valley Associathion of REALTORS  
    R OANOKE VALLEY REALTOR® ONLINE   

   You are receiving this online enewsletter as a benefit of being
                         a member of the Roanoke Valley Association of REALTORS®.
 

MEMBER TYPE / COUNT
REALTOR®           1,185 Membership Update Logo
Offices                     134
Affiliate                    242

Click here to see which RVAR members
have switched firms, gone inactive, or joined recently.
 

The Virginia REALTORS® Convention comes to The Hotel Roanoke, October 3-5, 2017. Plan to attend and welcome fellow REALTORS® from across Virginia.

The Convention is a must-attend opportunity to grow your business through powerful education from the nation's real estate stars and relationship building with successful members. Attending the Convention gets you 'in the know' about Virginia real estate and puts you in the mix with industry leaders from the state and nation.

Click here for information on speakers, schedule plus a link to register. Save money if you register by June 30th.

RVAR is pleased to announce that Jim Sweetwood will be joining the RVAR staff as its  Coordinator of Events and Community Relations, effective June 19th. Jim has a background in event management and working with adult volunteers. Stop by the office over the summer and welcome Jim!


 NAR Member Profile --How Do You Compare?NAR 

NAR recently surveyed a sampling of REALTORS® nationwide to determine the characteristics of today's typical REALTOR®. Ten years of experience, 12 transaction sides in 2016, with a sales volume of $1.9 million. The number of members who are very certain they will remain in the real estate business for the next two years is 82%.  Click here to check out how you compare.
 Virginia REALTORS® Legal Hotline Expandedlegal  

The Virginia REALTORS® Legal Hotline is now available to all REALTOR® members as a member benefit. (The Hotline was previously available only to Brokers.)

Members can access the hotline at https://www.virginiarealtors.org/legal-hotline/ and submit their questions to the Legal Hotline via an online form. Brokers will automatically receive a copy of questions submitted by their agents. Questions will no longer be accepted via email or telephone.

NOTE: To access the Legal Hotline, you will need to be logged in to the Virginia REALTORS® website.
MLS Tips: New Reminders from the MLS Monitoring Committeemls 

The MLS Monitoring Committee constantly reviews the listings in the MLS system. Based on some of the most recent errors spotted, the Committee offers these reminders:

1.     Front view photo: All Residential and Multi-Family listings must include at least one photo of the front view of the property listed for sale. The Committee encourages you to submit this front view photo at the time the listing is entered into the MLS system. Remember, all MLS listings go live to other websites within minutes.

2.     Mobile homes: A mobile home is personal property. REALTORS® are not licensed to sell personal property. Land with a mobile home may NOT be entered as a residential listing; instead, may be entered as a land listing, with information on the mobile home in Public Remarks. (Once the title to a mobile home has been surrendered at DVM and the mobile home and land on which it sits is assessed and taxed as real estate, then the mobile home and land may be entered in the MLS system as a residential listing.)

3.     No REALTOR® Signs: The photos entered into the MLS system may NOT contain the name of the listing agent or firm, which means NO photo may include the listing agent's yard sign.

4.     Other - See Remarks: Many fields in the MLS include "Other-See Remarks" as a selection (e.g., schools, showing instructions, heating etc.) Whenever "Other-See Remarks" is selected, information needs to be included in the Remarks field of your choosing.

5.     Owner/Tenant Phone Numbers: For all listings, only the Owners' phone number is allowed in the owner phone number field and only the Tenant phone number is allowed in the tenant phone field. The listing agent's phone number should not be entered into the owner or tenant phone number fields.

All members are encouraged to use the red Report Error button, in the upper right hand corner of every listing, to alert a listing agent to a possible error in their listing. Questions? Contact the RVAR/MLS office by email or phone: 540-772-0526.
 
 
The Board of Directors just passed a variety of revisions to RVAR's Advertising Rules & Regulations, to become effective July 1st. Of special note are changes to the following two rules:
  • RVAR has had a rule for many years requiring directional signs to be removed immediately upon properties going under contract or being sold. This rule has been changed to require directional signs to be removed within 72 hours of settlement. Directional signs may remain in place while a property is under contract.
  • The Board eliminated the rule which required all REALTOR® ads which display photos of non-REALTORS® to identify which persons in the photos are REALTORS®. This rule no longer seemed appropriate in light of the many REALTOR® photos on social media.
Click here for the July 1st version of the Advertising Rules & Regulations.

Effective July 1st, the act of performing a home inspection for compensation in Virginia will require a license issued by DPOR. Also effective July 1st, home inspections of new construction will require a licensed home inspector with the additional New Residential Structure (NRS) specialty designation. Currently certified home inspectors whose certification is unexpired will automatically be issued a license as of July 1st.

Note: RVAR's Inspection Addendum will be updated as of July 1st to reference licensed home inspectors (instead of qualified home inspectors.)

Speaker's Forum Presents!speakers  

Our next Speakers Forum will highlight Roanoke County's ReImagine 419 Plan that is currently being reviewed.  Philip Thompson, Deputy Director of Planning for Roanoke County, will give a presentation about how the plan reimagines the 419 area near Tanglewood Mall as a distinct and vibrant new destination for businesses and residents with a Town Center environment.

The Forum will be held on Tuesday, June 27th at the RVAR office. We will start at new time 8:30AM with coffee, juice and pastries provided.  From 8:45 - 9:45AM we will have a brief welcome followed by Philip Thompson's presentation with time for questions.  There is NO CHARGE to attend this event, but seating is limited.  Click here to register or contact the RVAR office.

The Speaker's Forum helps to provide local, informative presentations regarding topics that affect our businesses. The Forum welcomes all REALTOR® and Affiliate members and there is no charge to attend. 
RVAR's Family Fun Night at the Ball Parkfun
 
Join us for a night at the ball park with the Salem Red Sox on Thursday, July 27th

Tickets are just $15 for adults and $10 for children (under 12) and includes admission and a picnic dinner with Baum's BBQ and sides, water and sodas.  

Order as many tickets as you would like - bring your family & friends for a fun, relaxing evening at the ball park under the Roanoke Times Pavilion!!  The game starts at 7:05PM and the picnic will be served from 6:00 - 7:30PM.

These are pre-purchase only tickets and must be ordered by 3:00PM Wednesday, July 26th. Tickets can be picked up at the "Will Call" window on game day.

Click here for more information and the order form.

"My RVAR Commitment Matters": Tom Turnermy  

Tom Turner, Senior Associate Broker with Hall Associates, Inc., believes being involved with the RVAR is important "for our business".  Tom says the RVAR "represents us as local REALTORS®" and he likes to "participate in the decision making process.  This is our livelihood and we need to provide input so that our interests are represented."

As a commercial agent, Tom has seen firsthand the important role his involvement can play. Tom assisted and testified to get the agency disclosure law amended for commercial transactions in 2016.  The change of that law "is a direct result of serving on a RVAR committee that got the ball rolling.  It is a concrete example of how being involved can impact our day to day business".  That change in the disclosure law had state-wide affect and Tom is "grateful for the role and support RVAR played" in getting the law changed.  

Tom holds the SIOR and CCIM designations and currently serves as the Chair for the Governmental Affairs Committee.   
Upcoming Educationeducation

GRI 508: Real Estate Laws / Virginia Regulations: This Tuesday, June 20th ( 9AM-4:30PM) class, taught by Donna Austin, will cover the most recent Virginia laws and Real Estate Board regulations. Learn how the laws apply to you and protect the interests of your clients. This class qualifies for 8 hours of CE credit (Legal Update and Flood) plus PL credit (8 hours real estate law and Board regulations). Click here to register.

Already have your GRI designation? Contact Louann@rvar.com to register for this class at a reduced rate of $45 (includes materials and filing of CE credit, but no exam required.)

Farm and Land Class: Learn how to be outstanding in your 'field', with everything you need to know about listing and selling farm and land properties. This Thursday, June 22nd (10AM-Noon) class, taught by David Hurt of MKB, REALTORS® and Joey Cornwell of Farm Credit of Virginias, will cover topics including: conservation easements, surveys and right of way, land use taxation, staging land listings and financing options. Click here to register for this FREE class.
Make Note of These Upcoming Classesnote  
  • August 23rd            Code of Ethics, 9AM-Noon
  • September 19th      Safety Class, 10AM-Noon
  • September 21st      Legal Update, 9AM-Noon
  • October 19th          CRS 121 Win Win Negotiation with Mark Given
  • October 26th          Construction - Exterior, 10AM-Noon
  • November 2nd       Construction - Interior, 10AM-Noon
  • November 9th        GRI 503 Business Planning with LeRoy Houser
Notice Regarding Commission and Compensationnotice 
Under the long-established policy of the Roanoke Valley Association of REALTORS®, the Virginia REALTORS® and the National Association of REALTORS®:
  1. The broker's compensation for services rendered in respect to any listing is solely a    matter of negotiation between the broker and his or her client, and is not fixed, controlled, recommended or maintained by any persons not a party to the listing agreement.
  2. The compensation paid by a listing broker to a cooperating broker in respect to any listing is established by the listing broker and is not fixed, controlled, recommended or maintained by any persons other than the listing broker.
Our RVAR Familyfamily

Sympathy

RVAR expresses sympathy to Janie Whitlow of The Real Estate Group upon the death of her mother and to David Hipes of BB&T Home Mortgage upon the death of his wife.

Let RVAR know if you have news to share.
Upcoming EventsUpcoming 

June 20th
June 22nd
June 27th
July 4th
July 27th 
GRI 508
Farm and Land Class
Speaker's Forum
RVAR Office Closed for Holiday
RVAR's Family Fun Night at the Ball Park 

Roanoke Valley Association of REALTORS®
Proudly Recognizes Our 2017 Partner / Sponsors 
  
Platinum Level Partner / Sponsor 
    
Diamond Level Partner / Sponsor  
BB&T Home Mortgage  
The Roanoke Times  
Virginia Mountain Mortgage 

Gold Level Partner / Sponsor 
Acquisition Title & Settlement Agency, Inc.
Bill Meador Insurance Agency 
 Blue Eagle Credit Union 
Colonial Mortgage Company 
Consolidated Construction Services, Inc.  
Integrity Home Mortgage Corporation  
Southwest Virginia Moving & Storage  
Virginia Title Center, LLC  
Virginia's All-American Movers

Silver Partner / Sponsor
 
Bug Man Exterminating, Inc. 
Colonial Title & Settlement Agency, LLC
First American Home Buyers Protection  
First Citizens Bank
HMS National Home Warranty
HWA (Home Warranty of America)
Seal-Tite Basement Waterproofing Co.
VIA Insurance Agency, LLC 
Contact:
ROANOKE VALLEY
ASSOCIATION OF REALTORS®
  |  540.772.0526