Community Outreach Grant presented to the City of Newport News

Hampton, Virginia — The Virginia Peninsula Association of REALTORS® (VPAR) is pleased to announce the award of a $2,000 Virginia REALTORS® Community Outreach Grant that has been presented to the City of Newport News. Accepting the check on behalf of the City was Mayor McKinley Price, who offered appreciation to the members of VPAR and to the Association’s leadership.

In partnership with the Association, the City, through its Communications Department, intends to use the funds to develop a video highlighting the City’s diverse housing stock and its neighborhoods, its cultural and educational assets, and its economic and employment opportunities, showcasing Newport News as a great place to live, work and play.

VPAR is a leader in the City and throughout the Peninsula, and strives to engage its 1,100-plus members as resources to our local communities. The Association’s work is grounded in advocacy and in public policy, and has a keen focus on improving neighborhoods and increasing housing opportunities.

“REALTORS® work hard every day to make our cities and counties, our communities, our neighborhoods more viable, healthier, better and stronger. We are involved in issues that include land use and zoning, housing opportunity, affordable housing, community revitalization, transportation, recurrent flooding and economic development. Remember that we live here, too. For many of our members, Newport News is home. We work here, we play here, we make a place here. Making our communities the best they can be, and sharing that with the homebuying and selling public, is good for everyone in Newport News and on the Virginia Peninsula.”

The Virginia Peninsula Association of REALTORS, Inc. (VPAR) is a professional trade association representing the real estate profession and housing industry in the cities of Hampton, Newport News and Poquoson, and the Counties of Isle of Wight and York. The Association is one of many local REALTOR associations throughout the country affiliated with the NATIONAL ASSOCIATION OF REALTORS, one of the nation’s largest professional associations and the cornerstone of one of the strongest Political Action Committees in the United States.

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Virginia Peninsula Association of REALTORS®
1001 North Campus Parkway
Hampton, Virginia 23666

JULY 19, 2017 FOR IMMEDIATE RELEASE
MEDIA CONTACT: Susan S. Gaston, Legislative Consultant (757) 871-1445

Virginia Residential Property Disclosure Act Update – ABOUT FORMS REVISED ON July 10, 2017:

DPOR provided a version of the Residential Property Disclosure Statement with signature blocks effective July 1, 2017, which consolidated the notification and all disclosures into one three-page form. In response to feedback from real estate licensees, the Real Estate Board modified the forms so that only the one-page acknowledgement form directing purchasers to the website is required to be signed by parties.

If you had a property that went under contract between July 1-10, 2017, and you used the three-page form on the Real Estate Board website, you are in compliance with Virginia law and do not need the parties to sign the new one-page acknowledgement form.


After July 10, 2017, sellers are required to provide notification to purchasers about the Residential Property Disclosure Statement website using the acknowledgement form to be signed by the seller and purchaser.

Important Information for Purchasers

Selling Homeowners MUST complete:

Selling Homeowners may also need to complete one or more of these forms:

Common Interest Community


Contractors


Asbestos & Lead

SUCCESS BUILDERS SERIES – BOOST YOUR BRAND!

SUCCESS BUILDERS SERIES – GREAT FOR NEW AGENTS AND AS A REFRESHER FOR ALL THE REST!

FREE TO ATTEND – MORNING REFRESHMENTS PROVIDED BY ATLANTIC BAY MORTGAGE

August 17th – PROSPECTING 101

September 21st – FISH WHERE THE FISH ARE

October 18th – TARGET MARKETING

November 15th – VIDEO MARKETING

ALL CLASSES AT VPAR – 9:30 – 11:30 A.M.

Instructed by Jon May, Fathom Realty

register at members.vpar.realtor

http://vpar.realtor/wp-content/uploads/PDFs/Education-2017/marketseries2017.docx

 

 

Cyber and Fidelity Insurance Report

Real estate transactions are a target for sophisticated fraud scams and when the frauds succeed, oftenall the service providers are potential litigation targets. The National Association of REALTORS®
would like to identify providers that offer insurance for these threats and then compare the insurance offerings.  Three different types of insurance coverages may be needed to protect the brokerage from these threats:
Errors & Ommissions/Miscellaneous Professional Liability
Insurance (“E&O” or “MPLI”)
Cyber Insurance
Crime Coverage