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January 20, 2022

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The Voice for Real Estate in

Virginia's Greater Roanoke Valley

Hello Louann,

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

What's in this Issue...
  • Home Sales for December and Year End
  • RVAR Wins Triple Crown for 2021 RPAC Success!
  • RVAR's Family Fun Night on the Ice
  • REALTOR® & Affiliates Night
  • Save the Date - 2022 RVAR Golf
  • What Will the 2022 Market Look Like?
  • Snapshot of MLS "Listing Check" Reports
  • NAR's Center for REALTOR® Financial Wellness: Tax Summitt
  • RVAR: A Decade Ago
  • Upcoming Education
  • Our RVAR Family
  • Upcoming Events
  • Our 2021 Partner/Sponsors

MEMBER TYPE / COUNT

REALTOR®    1454

Offices            145

Affiliate           283

Read More

Homes Sales for December and Year End

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The year end home sales totaled 6,587, a 3% increase over 2020, with an average price of $295,632, an 11% increase over 2020. The total volume sold exceeded $1.9 billion, a 13% increase over 2020. These 2021 year end numbers are the highest for any year in the history of the MLS.

RVAR Wins Triple Crown for 2021 RPAC Success!


A huge "Thank you" to the 634 REALTORS®, Affiliates and RVAR staff who contributed to the 2021 REALTORS® Political Action Committee (RPAC) fundraising campaign! For the seventh year in a row, RVAR has achieved the Triple Crown Award for exceeding all its RPAC goals set by Virginia REALTORS®. RVAR raised $54,022, including contributions from 24 Major Investors (contributions of $1,000 or more.) 


"Thank you" to all who contributed!

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RVAR's Family Fun Night on the Ice


Join us for a night of fun and fast paced hockey with the Roanoke Rail Yard Dawgs on Friday, February 4th.  


Tickets will be just $12 for adults and $10 for children (under 12) and includes admission and a meal voucher to be used at the concession area.   


Order as many tickets as you would like - bring your family & friends for a fun, exciting evening at the Berglund Center!! The puck drops against Fayetteville at 7:05PM.


These will be pre-purchase only tickets and must be ordered by 2:00PM Monday, January 31st. Tickets can be picked up at the "Will Call" window on game day.


Click here to purchase your tickets.

REALTOR® & Affiliates Night – April 19th


The Affiliates Committee just can’t wait for this year's REALTOR® & Affiliate Night. So, we are moving it! We are excited to return to Hidden Valley Country Club on Tuesday, April 19th from 5pm-8pm. The Committee is proud to announce that this year's theme is ‘GAME NIGHT’. What is your favorite board game? Have a favorite game show? Favorite game of chance? Don't miss the excitement as we enjoy an evening of fun, amazing culinary treats and the opportunity to support our fantastic group of Affiliate members! Tickets are just $15 if purchased by April 12th ($20 between April 13-19) and includes 2 drink tickets. Make plans now to attend and be sure to bring lots of business cards for a chance to win some fantastic prizes!


Tickets for this event go on sale on February 21!

Save the Date ... 2022 RVAR Golf


The 2022 RVAR Spring Golf Tournament will be played on Friday, May 13th. This year our Tournament will be held at Botetourt Country Club.


Registration will begin in March!    


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We are excited to announce the date for the 2022 RVAR Golf Classic! This year’s event will be held on Friday, September 9 at Roanoke Country Club.


Stay tuned for more information!



What Will the 2022 Market Look Like?





What’s the market outlook for 2022? What are the market trends to watch? Will the market change soon? If these are questions you are asked by clients, you will not want to miss the next “Economic Update”.


Dr. Lisa Sturtevant, Chief Economist for Virginia REALTORS®, will be our guest presenter for the December “Economic Update”. Dr. Sturtevant will provide a reflective look at the real estate market both statewide and regionally while also giving us some insight on what to expect in 2022. Dr. Sturtevant does an outstanding job and this is a “don’t miss” presentation.


The “Economic Update” will be held on Tuesday, January 25th via Zoom. The presentation will begin at 9:00AM with a brief welcome followed by Dr. Sturtevant’s presentation and include time for questions & answers. We should conclude no later than 10:00AM. (NOTE: This session was originally scheduled for December 14th.)


Click here to register or contact the RVAR office. Once you are registered, the Zoom meeting link will be sent to you in a reminder email a few days prior to the meeting.


The “Economic Update” has the goal of providing local, informative presentations regarding topics that affect you and your business. All REALTOR® and Affiliate members are encouraged to attend.

Snapshot of MLS "Listing Check" Reports



During 2021, 406 “Listing Check” messages were sent through FlexMLS to Listing Agents and Listing Brokers. The MLS Monitoring Committee encourages you to review the most common issues reported:

  • 146 = Wrong data (wrong area, schools, acreage, style, mapping, attached vs. detached)
  • 52 = Photos (missing front photo, LA sign in photo, photos not current) The MLS Rules require a front view photo for all listings – though for Land listings, the front view may be a street view, Lake view or aerial or drone view. Photos may not show a yard sign or any office or agent promotion. The MLS Rules require that photos (including videos and virtual tours) accurately portray the interior and exterior condition of the property during the Active listing period for the property. This rule does not apply to personal property or seasonal changes during the Active listing period.
  • 39 = Missing Data (Owner’s legal name, Other See Remarks with no explanation in Remarks)
  • 38 = Wrong Square Footage
  • 12 = Cannot use LA phone # for Owner phone #

NAR's Center for REALTOR® Financial Wellness: Tax Summit


NAR's Center for Financial Wellness is offering a four-part series in February. Attendees will learn how to improve personal wealth, what to do if the IRS comes knocking and more. A registration fee of $50 will give you access to all four classes:

  • Tax Considerations for the Newly Self-Employed

February 2nd 2-3PM

  • What to Do if You’ve Got IRS Trouble

February 9th 2-3PM

  • 2022 Small Business Advanced Tax Update

February 16th 2-3PM

  • Your Financial Golden Years

February 23rd 2-3PM


Click here to register.

RVAR: A Decade Ago



How much has changed in the past 10 years? Click here to check out RVAR and the real estate market in 2012. (Hint: Supra introduced its new eKey app in 2012.)

Upcoming Education


Virtual GRI Classes: RVAR has partnered with Virginia REALTORS® to offer virtual GRI classes throughout 2022 Each class is offered in two half-day sessions. Below are the classes offered through the end of the year.


GRI 504 Working with Buyers

February 2nd 9AM-12:30PM

February 3rd 9AM-12:30PM

Instructor: Nancy Pav


Students will learn the categories of active buyers, techniques for lead generation, components of the home showing process and negotiation strategies. The class will also review the mortgage process and financing options, including options for first time buyers. CE Approved = 6 hours Real Estate Related; PL Approved = 2 hours Real Estate Finance. Click here to register.


GRI 505 Working with Sellers

February 22nd 9AM-12:30PM

February 23rd 9AM-12:30PM

Instructor: TBD


Students will learn proven strategies for lead generation for Sellers, plus tips for listing presentations and marketing listings. PL Approved = 2 hours Current Industry Issues / Trends. Click here to register.


GRI 502 Sales Contracts

March 8th 9AM-12:30PM

March 9th 9AM-12:30PM

Instructor: Michael Guthrie


Students will receive guidance and tactical skills for writing and presenting a variety of real estate agreements, such as disclosure forms and sales contracts, including contingencies. CE Approved = 6 hours Real Estate Contracts; PL Approved = 6 hours Contract Writing. Click here to register.

Our RVAR Family


Sympathy

RVAR offers its sympathy to Roberta Taliaferro of The Real Estate Group upon the death of her sister and to Pam Gibson of RE/MAX All Stars upon the death of her mother.


Congratulations

RVAR congratulates Meg Dorsey of MKB, REALTORS® upon being selected for the 2022 class of the Virginia Leadership Academy.

Share Your News with RVAR

Upcoming Events

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Platinum Level Partner/Sponsor

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Acquisition Title & Settlement Agency, Inc.

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ALCOVA Mortgage 

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American National Bank and Trust 

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Atlantic Bay Mortgage Group

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CrawlSpace Care

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Embrace Home Loans

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Freedom First Credit Union

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Guaranteed Rate

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Member One Federal Credit Union

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Movement Mortgage

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Priority Title & Settlement, LLC

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Virginia Varsity Transfer & Self Storage

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Wells Fargo Home Mortgage



Diamond Level

BB&T - Suntrust now Truist

Budget Blinds Serving Salem, Roanoke, Botetourt & the New River Valley 

Integrity Home Mortgage Corporation 

 Old Republic Title

SWBC Mortgage Corporation

Virginia Mountain Mortgage

Virginia Title Center, LLC 

Gold Level

Bank of the James Mortgage 

Bill Meador Insurance Agency 

Blue Eagle Credit Union

Colonial Mortgage Company

Colonial Title & Settlement Agency, LLC 

Consolidated Construction Services, Inc.

CRS Data

First Choice Title & Settlement

First Citizens Bank  

Intercoastal Mortgage, LLC

Pillar to Post Home Inspectors

Silver Level

Bailey Insurance Group  

Cardinal Financial, LP

Cinch Homes Services/HMS  

First American Home Warranty  

Lawrence Moving & Storage 

OVM Financial  

Seal-Tite Basement Waterproofing Co. 

The Shaheen Firm, P.C. 

Virginia Housing 

VIA Insurance Agency, LLC  

Roanoke Valley

Association of REALTORS®

Get In Touch

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Contact:

Contactus@rvar.com

ROANOKE VALLEY ASSOCIATION OF REALTORS® | 540.772.0526

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