Sep 30, 2016

A listing entered in the MLS must offer cooperation to all subscribers of the MLS.

Sep 30, 2016

Sellers expect that all other professionals related to a real estate transaction will be limited to access that is under the control or supervision of the agents.

Sep 30, 2016

The following guidance is offered for brokers and agents in connection with marketing and sale of property for which flood insurance may be required

Sep 30, 2016

If the parties are unable to reach an agreement by the end of the Negotiation Period, the Purchaser has an additional period of time to simply void the contract or choose to take the property in its current condition

Sep 30, 2016

Sep 30, 2016

A legal bedroom must have two ways to exit: one that leads to the rest of the home and one that leads directly to the outside.

Sep 27, 2016

The general rule is that you, as a real estate professional, cannot call a person on the Do Not Call Registry unless you have an existing business relationship with the person.

Sep 27, 2016

First and fore most, in this market, before accepting a listing, an agent should always ascertain a few vital pieces of information.

Sep 27, 2016

All dealings concerning property exclusively listed, or with buyer/tenants who are subject to an exclusive agreement shall be carried on with the client's agent or broker, and not with the client . . .

Sep 27, 2016

Most REALTORS® are aware of the anti-kickback provisions of the Real Estate Settlement Procedures Act. "No man shall giveth, Yea, neither shall he receiveth, any thing of value pursuant to any covenant under the heavens that calleth for referrals of settlement services."

Sep 27, 2016

The rules state the the Card Holder will be granted a revocable license to use the SentriCard in connection with the Holder's normal and customary activities while acting as a real estate agent or appraiser on the terms and conditions set forth in the referenced User Agreement.

Sep 27, 2016

Article 12 requires that Realtors® present a true picture in their advertising and real estate communications.

Sep 27, 2016

Disclosure of pertinent facts relating to the property and the transaction must be disclosed by a Realtor® to his client, but because state regulations and the Code of Virginia only disclosure of pertinent facts relating to the property may be disclosed by a Realtor® to a customer.

Sep 27, 2016

The MLS is a forum that not only allows listing brokers to advertise their properties for sale or for rent but also provides them with a means to make offers of cooperative compensation that can be reviewed and accepted

Sep 27, 2016

Under the old Home Inspection Contingency, a Seller who wanted to void the contract would simply fail to respond to a counter-offer and the contract would automatically become void.

Sep 27, 2016

"REALTORS® shall not advertise nor permit any person employed by or affiliated with them to advertise listed property without disclosing the name of the firm."

Sep 27, 2016

Sellers often place agents in compromising positions by asking them to take actions that break or skirt the rules. However, the sellers quickly disappear when the complaints are filed.

Sep 27, 2016

Depending on the circumstances and the cost of the repair, it may be a good business decision for the agent to offer to repair the damage.

Sep 23, 2016

To avoid replicating this troubling scenario, we recommend a Negotiation Period of no less than seven days.

Sep 23, 2016

The following guidelines have been prepared by the Risk Management Committee of the National Association of REALTORS® to supplement the REALTOR® association's long standing antitrust compliance program.