CALL TO ACTION: OPPOSE the Petroleum Tank Deductible Increase

Call to Action

OPPOSE the Petroleum Tank Deductible Increase

REALTORS® Please Take Action Today and Ask Your State Representatives to OPPOSE the Petroleum Tank Deductible Increase

Take ActionThe General Assembly is considering a measure that would increase the deductible homeowners pay to have underground petroleum tanks repaired or removed, if they are found to be leaking.

Currently the deductible is $500.  The General Assembly is considering a measure to increase it to $2500… that’s a 500% INCREASE.

How many real estate deals have you done, where a tank is found to be leaking and needs to be repaired or removed?

Under this proposal, your clients will see the deductible sky-rocket to $2500.  We believe this will have a negative impact on many of these real estate transactions.

There have been two budget amendments that have been introduced that will reverse the course, keep the $500 deductible in place and ask a stakeholder taskforce to look at the issue.

Please send a message to your member of the House of Delegates and Senate to let them know Realtors® stand united throughout Virginia in their concern over this dramatic increase.

Email your legislators and ask them to OPPOSE the Petroleum Tank Deductible Increase!

Take Action




VRLTA Update with Chip Dicks – Tuesday, April 12th – 9am to 4pm

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Virginia Residential Landlord and Tenant Act Update with Chip Dicks

Chip Dicks _ThumbnailVAR Legislative Counsel

Tuesday, April 12th, 2015
9:00 a.m. – 4:00 p.m.

$125.00 per member $130 .00 per non-member
• Get up to speed on the recent changes to the Virginia Residential Landlord and Tenant Act.
• Designed for both real estate brokers and sales persons, this course offers a detailed review of lease applications
• A “how to” guide for broker agent compliance
• The awareness and information you need to protect your business
Program Sponsored By:


Pending REB Approval for 3 Hours Legal Update & 3 Hours Real Estate Related CE
Pending REB Approval for 2 Hours of Current Industry Issues/Trends.

Register online at:

or call us at 757-599-5222

Apply Now for the Volunteering Works Program – Volunteer and Mentor Program Seeks Entries: Deadline 2/27/15

2015-volunteering-works-mainstageRealtors® devote countless hours to volunteering and improving their local communities. Over the last seven years, Realtor® Magazine’s Good Neighbor Society has helped Realtors® grow and transform their charitable efforts through the Volunteering Works Grant and Mentoring Program. This program, which pairs expert mentors with Realtors® who want to expand and improve their community service outreach, is now seeking entries.

Download the Volunteering Works application. Applications are due Feb. 27.

“Realtors® lead the way to neighborhood revitalization and working to make our communities better places to live,” said National Association of Realtors® President Chris Polychron, executive broker of 1st Choice Realty in Hot Springs, Ark. “Through the Volunteering Works program, we are proud to recognize Realtors® who are trying to make a difference by supporting them with the guidance and funding they need.”

Realtors® who work on small-scale charitable efforts with growth potential are encouraged to apply. The Good Neighbor Society will give the five Volunteering Works recipients a year of one-on-one mentoring from a member of the Good Neighbor Society and a $1,000 grant as seed money to help implement improvements in their community program.

Recipients must be an active member of NAR and will be selected based on:

  • their dedication to their communities through volunteer work
  • the potential for their charitable work to be expanded or improved with the help of a mentor
  • their ability to identify specific challenges they would like to address with the help of a mentor, and have goals for the future of their community service project

The Good Neighbor Award winners, who mentor the Volunteering Works recipients, on average spend more than 20 hours a week on volunteer work and have built some of the most successful charitable organizations in the country. Since 2000, there have been more than 150 winners and honorable mentions of the Good Neighbor Award.

Volunteering Works is funded by The Stuart & Jill Siegel Charitable Foundation. For a Volunteering Works entry form, visit and click on “Nominate” The entry deadline is Feb. 27, 2015. Recipients will be notified in April.

Source: National Association of REALTORS®

The Voice for Real Estate: FHA Fees, TRIA Win

The Voice for Real Estate for the week of January 19, 2015, looks at a reduction in the FHA annual premium, NAR President Chris Polychron’s meeting with President Obama, a victory on terrorism insurance, and NAR Chief Economist Lawrence Yun’s 2015 market outlook.