Real Estate News

 
  • July 31, 2023

    The Realtor® Code of Ethics in Action: Article 1

    Article 1 of the Code of Ethics says, "Realtors® pledge...to protect and promote the interests of their client. This obligation to the client primarily, but it does not relieve the Realtors® of their obligation to treat all parties honestly."
  • July 31, 2023

    What You Should Know: The NVAR Citation System

    The NVAR Citation System can address violations such as unauthorized access and advertising issues. The Citation System allows for a respondent to accept responsibility for the violation by paying a designated fine and attending appropriate educational courses. For more information, check out the NVAR Citation System here: NVAR Citation System
  • July 31, 2023

    Legal Hotline Question of the Month

    Legal Hotline Question of the Week: It’s lease renewal season! Can I use a lease addendum to renew a lease?
  • July 31, 2023

    Legal Reminder: New Statement of Tenant Rights and Responsibilites

    REMINDER: A new Statement of Tenant Rights and Responsibilities under the Virginia Residential Landlord and Tenant Act is available for all leases as of July 1, 2023. Landlords must provide this form to any prospective tenant for both parties to sign along with the lease. If your forms provider does not have the current version of the Statement, please find both the English and Spanish versions at the Virginia Department of Housing and Community Development.
  • July 28, 2023

    NVAR Ethics Complaints by the Numbers (2018 to 2023)*

    What conclusions can NVAR members draw from these numbers? One trend that stands out is that NVAR has received fewer complaints – especially in the first six months of 2023. Is the current real estate market causing this drop? Are Realtors® more professional? Meaning, are there fewer issues to report? Is there not enough awareness about the available dispute resolution processes? Feedback from NVAR’s volunteer leaders tells us that fewer complaints are likely a result of a combination of these factors.
  • July 28, 2023

    Key Passing: Collegiality or a Security Risk?

    Imagine the following scenario: You have just completed a showing with your clients. As you exit the property, a person representing themselves as “Randy the Realtor®” approaches and informs you that he has the next showing appointment. Randy then asks if you wouldn’t mind handing him the key to save him the trouble of opening the lockbox. What should you do?
  • July 24, 2023

    1 Day Left: Get 20% Off at Your REALTOR® Store!

    Today is the final day to enjoy 20% off select products during the 2023 Summer Sale. Access discounted resources to grow your business and stay ahead of market trends!
  • July 12, 2023

    New Look Coming to Historic Fairfax

    Commercial development has updated much of Fairfax County’s landscape during the past 50 years, but “Old Town,” the heart of Fairfax City with its historic charm, has remained largely unchanged. Attempting to guide the future of Old Town, city officials adopted the “Old Town Small Area Plan” in June 2020, expanding on the historic downtown’s unique historical character to create an attractive, walkable, cultural destination. If plans currently being considered by city officials are adopted, they may bring a new look to old town.