November 19, 2020 

Roanoke Valley Associathion of REALTORS  

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

REALTOR®            1420Membership Update Logo
Offices                    144
Affiliate                   320
Click here to see which RVAR members have switched firms, gone inactive, or joined recently.
Congratulations to the following winners of the election for the 2021-2022 RVAR Board of Directors. 480 votes were cast in the election.
  • Dana Berenbaum (MKB, REALTORS®)
  • Jay Kilby (RE/MAX All Stars Realty)
  • Julie Kingery (Mountain to Lake Realty)
  • Todd Wampler (Century 21 Wampler Realty)
Congratulations also to Ashley Donahue of Wainwright & Co. who has been elected to serve as the 2021 President-elect and Meg Smith of MKB, REALTORS® who will serve as 2021 Vice President, since no additional candidate applications were received for these positions.

Continuing their service on the 2021 Board will be: President Walter Grewe (Wainwright & Co.); Immediate Past President Neil Conner (The Real Estate Group); and Directors Barry Bridges (Weichert, REALTORS® Bridges & Co.); Rob Logan (The Real Estate Group); and Shannon Hines (Long & Foster, REALTORS®). Cathie Daniel (Berkshire Hathaway HomeServices Smith Mtn. Lake) will serve as the Broker representative on the 2021 Board. 
November BOD Updaterecap
Click on President Walter Grewe's photo to watch the latest video update from RVAR's Board of Directors. 
October Home Saleshome  
Sales activity remained strong in October, with 613 homes sold, a 17% increase over October, 2019, with a 28% increase in the average price of homes sold. The 613 homes sold and the 627 homes placed under contract represent the highest such numbers in any October in the history of the MLS. A link to the October home sales statistics, including a 4-year comparison, is provided on the front page of The MLS releases its monthly home sales statistics around the 15th of the following month.  
Scam Alert for Vacant Listingsscam 
The Virginia Employment Commission has asked RVAR to spread the word. Scammers are using the addresses of vacant listings to apply for unemployment benefits. A confirmation is mailed to the address of the vacant property. The Virginia Employment  Commission asks REALTORS® to periodically check the mailboxes at your vacant listings. If you spot any official government mail - or other legitimate mail (as opposed to advertisements) - addressed to a name you don't recognize, just mark it "return to sender" and drop it in a mailbox. 
New MLS Rule: No Price Change for Pending Listingsprice  
Effective December 1st, a new MLS rule will prohibit any price change to a listing in Pending status. Also, changing a listing from Pending to another status for the sole purpose of changing the price is also prohibited.

Effective February 1st, a violation will be attached to this prohibition along with a $100 fine. 
New Supra Feature Available Soon!supra   
Supra's Non-Member Access feature - which allows Listing Agents to provide a convenient and secure access to a specific lockbox for a specific period of time to non-members through their smartphone. Non-members are folks such as inspectors, contractors and out of area REALTORS®. The Listing Agent can grant access through SupraWEB and set the window of access from 2 - 72 hours. REALTORS® in the Associations that touch ours - New River, Lynchburg, Martinsville and Lexington - are eligible to receive a non-member access code from the Listing Agent. This feature will be available soon! We expect to enable this feature by mid-December.
Easy to Grant Secure Access:
  1. Supra user invites a non-member to access the lockbox using SupraWEB or Mobile SupraWEB. Supra user sends non-member the invite text by clicking "key" icon next their specific lockbox in SupraWEB.
  2. Non-member receives text message with a link to register, download the eKEY app, and authorize it.
  3. Non-member receives access information (lockbox serial #, date & time).
  4. Non-member opens the eKEY app, enters 4-digit PIN and opens lockbox.
Additional detailed instructions for a non-member to set up an account can be found by clicking here
As a reminder, members must continue to abide by the existing access rules:
Code of Ethics Access Rules
Standard of Practice 1-16: "REALTORS® shall not access or use, or permit or enable others to access or use, listed or managed property on terms or conditions other than those authorized by the owner or seller."
Standard of Practice 3-9: "REALTORS® shall not provide access to listed property on terms other than those established by the owner or listing broker."
VREB Access Rule
"Actions constituting failing to act as a real estate broker or salesperson in such a manner as to safeguard the interests of the public, including but not limited to the following:
A licensee allowing unsupervised access to a home without the owner's authorization."
Code of Ethics Change: Effective Immediatelycode 
NAR's Board of Directors, at its November 13th meeting, voted to strengthen REALTORS®' commitment to upholding fair housing ideals, approving recommendations from NAR's Professional Standards Committee that extend the application of Article 10 of the Code of Ethics to discriminatory speech and conduct outside of members' real estate practices.

The Board approved a new Standard of Practice 10-5 that states: "REALTORS® must not use harassing speech, hate speech, epithets or slurs based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation or gender identity."

The Board also approved a change to professional standards policy, expanding the Code of Ethics' applicability to all of a REALTOR®'s activities.

The Board made these changes effective as of November 13th, though the changes cannot be applied to speech or conduct that occurred before the effective date. NAR will be rolling out training and resource materials in the coming weeks.  
Dues Reminderdues   
To date, 809 members have already paid their 2021 REALTOR® dues (which includes dues to RVAR, VAR and NAR.) The final date to pay 2021 dues is Tuesday, January 12th. Simply go to and click on User Login (upper right hand corner). Follow the instructions to log in to access and pay your dues bill online. Any member may contact Susan Edwards to request a dues bill via email or mail. 
The "Economic Update" presents updates on timely topics that have an impact on you and your business.  
Dr. Lisa Sturtevant, Chief Economist for Virginia REALTORS®, will be our guest presenter. Dr. Sturtevant will provide a reflective look at the real estate market both state-wide and regionally while also giving us some insight on what to expect in 2021. This will be a timely presentation by Dr. Sturtevant and is a "don't miss" presentation. 
The "Economic Update" will be held on Tuesday, December 8th 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.   
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.  
2020 Profile of Buyers and Sellersprofile 
Each year, the National Association of REALTORS® gathers detailed information about buyers and sellers nationwide. How does your experience compare with the national average? Did you know that . . .
  • The share of home buyers who searched online for a home increased to an all-time high of 97%
  • 31% of recent home buyers were first time buyers, a dip from last year's 33%
  • 88% of buyers and sellers worked with a real estate agent; 73% interviewed only one agent
  • Buyers typically searched for 8 weeks and looked at a median of 9 homes (5 of which were viewed only online)
Click here for more highlights from NAR's profile results.
RVAR Needs YOU in 2021committee 
When you volunteer to serve on one of RVAR's 12 Committees, you will be better informed, better networked and better able to impact the decisions made affecting your business. We need your time, talent and ideas!

Both REALTORS® and Affiliate members are welcome to serve. Click here to volunteer for a Committee, plus review a description of each Committee's purpose and how often it meets. Please        
                                    submit your request by Monday, November 30th.
Upcoming Educationeducation  
Through the end of the year, some RVAR classes will be offered online via Zoom, other classes will be offered in-person at the RVAR office. The capacity for in-person classes is limited due to COVID-19 guidelines for social distancing. Masks are required at the RVAR office. 
Code of Ethics Training: This Thursday, December 17th (1:00-4:00PM) class, taught by John Dickinson, not only provides 3 hours of CE credit for license renewal, but also meets NAR's ethics training requirement. NAR requires all REALTORS® to complete 3 hours of Code of Ethics training every three years. Click here to register. This class will be held in-person at the RVAR office. Class attendance is limited due to social distancing requirements.   
Our RVAR Familyfamily    
RVAR offers condolences to Duff Eckstein of MKB, REALTORS® at the Lake upon the passing of his mother; to Angela Arrington of BHHS Premier, REALTORS® upon the death of her mother and to Jeff Reynolds of Long & Foster, REALTORS® upon the death of his mother. 
RVAR congratulates those who have been appointed to serve on VAR Committees in 2021:

Vic Coffey - Risk Management Committee; Chair Standard Forms Subcommittee
Mary Dykstra - Investment Management Committee
Donna Marie Harris - Public Policy Committee
Connie Hash - Professional Development Committee
Betty Kingery - Board of Directors
Adam Lynch - Public Policy Committee
Beth Powell - Professional Development Committee
Bryon Roth - Professional Development Committee
Meg Smith - Member Communications Committee, RPAC Fundraising Trustees
Kelly Soriano - Professional Development Committee  
Joe Sutliff - Economic Advisory Board
Todd Wampler - RPAC Disbursement Trustees   
Let RVAR know if you have news to share. 
Upcoming Events & Deadlinesevents  
The December 11th Installation & Awards Breakfast, scheduled to be held at the Hotel Roanoke, has been canceled. 
November 26th & 27th
RVAR Office Closed for Thanksgiving
December 8th
Economic Update
December 17th
Class: Code of Ethics
December 24th
RVAR Office Closes at Noon
December 25th
RVAR Office Closed
December 31st
RVAR Office Closes at Noon
January 1st
RVAR Office Closed
January 12th
Deadline to pay 2021 Dues

  |  540.772.0526