Issue

 

Sep+Oct 2015

Sep 1, 2015, 09:45 AM
Year : 2015
Month : Sep+Oct
URL for Flash Flipbook : https://issuu.com/nvarmagazines/docs/re_view_sepoct15_issuu
Sep-Oct 2015 Review front cover RE+VIEW_SEPOCT15_issuu

Looking Forward, Reflecting Back

Our CEO Christine Todd is retiring at the end of 2015, after 26 years of dedicated service to our association. Serving as the NAR Annual Executive Officers Institute governor from 1988 to 1992, Chris emerged as a top leader. At a July special meeting, your NVAR board approved the selection of Ryan T. Conrad to be Christine’s successor. 

The Northern Virginia Housing Market Is Back on Track after a Bumpy 2014

An unusually harsh 2013-2014 winter, the October ‘13 federal shutdown and sluggish job growth set the stage for the 2014 housing market, causing potential buyers and sellers to hit pause. But the underlying economic and population trends that played a role in that market have improved, giving the existing home sales market a needed boost.

Bursting the Myth

The Section 8 Program is a federally subsidized program to assist low-income, elderly, and disabled tenants find housing in the private market. The local public housing authority (PHA) administers the vouchers. The federal government provides the resources to make it possible for low-income working poor, disabled and elderly residents to access affordable housing.

A New Era Of Farming And The Power To Predict Listings

Within the real estate industry, predictive analytics can be used to analyze seller patterns and to predict the homeowners who are most likely to sell in hyperlocal neighborhoods.

NVAR Government Affairs – Keeping Busy in the ‘Off-Season’

While the summer months are typically busy for Realtors®, it is considered the “off-season” for government affairs professionals. Even with the General Assembly out of session and many governing bodies taking extended recesses, NVAR staff has been out and about sharing Realtor® issues with state and local elected officials.

2015 Elections?

We can make a big difference in the election outcomes. Don’t sit back and “let someone else vote.” Your future livelihood depends on your participation. For those incumbent legislators who have worked very closely with us –our Realtor® Champions – we’ll be going the extra mile for them, with Get Out The Vote (GOTV) efforts. 

Realtors®: Obey Sign Laws

A pending regulation (soon to be signed into law) requires that all “for sale” and “for lease” signs placed on a property must at least include the firm’s name and the firm’s primary or branch office telephone number.

Signs: Here Today, Gone Tomorrow

Improperly placed open house signs can cost you more than a sale. They can also result in confiscated signs and a loss of your hard-earned money.

Financing Tips at your Fingertips

"Now, more than ever, it's not about selling products,” says Owen. “It's about educating homebuyers, guiding them through the process by managing expectations, and helping them make the best choices.

TILA-RESPA Integrated Disclosures (TRID)

While TRID imposes no direct obligations on real estate professionals, the rules will impact the way agents do business. There is little doubt that the process will take longer, especially in the beginning as lenders, borrowers, and agents adjust to the new requirements.

Legal Matters

Clerk of the Court John Frey rests his case for a high-tech courthouse.

Where to Start on Commercial Contracts

Commercial transactions begin with a Letter of Intent (LOI) in which the parties negotiate the proposed terms of the final agreement in written offers and counteroffers. 

Spotlight On: NVAR’s NEW EDUCATIONAL OFFERINGS

NVAR is pleased to announce several new course offerings in our educational lineup. 

Property Management Primer

Stories from the Sep+Oct 2015 Issue