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Roanoke Valley REALTOR®


 Roanoke Valley  Associathion of REALTORS



You are receiving this online newsletter as a benefit of being a member of the Roanoke Valley Association of REALTORS®.
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Member Type  Count



REALTOR®   1,043


Offices            124     


Affiliate           148


 Click here to see which RVAR members have switched firms, gone inactive, or joined recently. 

NAR Releases 2012 Seller and Buyer Survey

Did you know that, based on NAR's survey of 8,500 home buyers who purchased from mid-2011 to mid-2012:
  •  89% of buyers used a real estate agent
  •  The typical buyer searched for 12 weeks and viewed 10 homes
  •  65% of buyers were married couples -- the highest percentage since 2001
  •  The share of for sale by owner sales was down to 9%
  •  The typical home purchased was 1,900 square feet in size, built in 1992, with       three bedrooms and two bathrooms.  
Buyers most wanted help from their agents with:
  •  Finding the right home to purchase
  •  Finding comps
  •  Price negotiation
  •  Negotiating the terms of the sale
Sellers most wanted help from their agents with:
  • Selling their home within a specific time frame
  • Pricing their home competitively
  • Marketing their home to potential buyers
NAR annually gathers detailed information about the buying and selling experience.
Click here for a one page snapshot of the key survey findings.

Supra Annual Invoice for Display Keys

With the lockbox exchange behind us, Supra will return to sending annual invoices for Display Keys (rather than 6-month invoices.)

Supra's annual invoice for Display Keys will be sent out on February 5, 2013 with a due date of March 13, 2013.  The amount of
the invoice will be $161.23 plus tax.  Agents can go to  www.supraekey.com for billing
information -- or to pay online -- 24 hours a day, 7 days a week.  If you have any questions about your invoice, contact Supra support at 877-699-6787.

Reminder: Only agents who use Display Keys will receive an invoice.  Agents who made the switch to the eKey (your smartphone) are billed monthly by Supra. 

Important DPOR Changes and Delays

The Department of Professional and Occupational Regulation (DPOR) is preparing to install a new database system for the Virginia Real Estate Board in late February. Be aware that:
  • All DPOR forms have been updated and are now posted on DPOR's website. You MUST begin using the new forms immediately. The Board will ONLY accept the most recent versions. Using an older form can slow down your application. So make sure the form you are using has a date of 1/17/2013 or later (look in lower left-hard corner for revision date.)
  • As DPOR staff learns the new database system, there will be delays in the time required to process applications.

Latest RVAR Standard Forms Changes

On January 10th, RVAR introduced revised versions of its Standard Clauses Addendum and Subject to Sale, Kick-Out and Subject to Consummation Clauses forms. Click on either form title to see what was changed.

In addition, RVAR introduced a clause library within zipForms®. Every clause in RVAR's Standard Clauses Addendum, plus a few additional clauses, are contained in the clause library for members' use. 

2013 GRI Series Announced

RVAR's Education Committee has announced three GRI courses being offered this year. Each class is required to earn the GRI designation. (Click here for more information on each class.)

March 15       GRI 407    Managing Risk (now open for registration)
May 7           GRI 401    Understanding Agency
October 10    GRI 402    Financing Alternatives

Attention GRI Designees! You may register for any of these classes for only $35 per class. Enjoy the class, earn CE credits with no exam required.

Upcoming Education Offerings     

VHDA: The Key to Serving First-time Homebuyers: VHDA is offering this FREE class on February 21st (10AM-Noon) which will focus on VHDA programs best suited for your clients. Attendance will earn you 2 CE credits PLUS enter you into VHDA's Real Estate Agent Connection program (which includes a free listing on VHDA.com.) Click here for more information or to register.

Referrals are the Name of the Game: LeRoy Houser returns to Roanoke February 26th for this new, 90-minute class -- and it's FREE.
Key topics will include:
  1. 3 main characteristics for long term top producers
  2. 12 tips to get more referrals
  3. Criteria for choosing your farming area.
Click here for more information or to register.

CRS Elective Course: No Bull Selling
: LeRoy Houser will be back in Roanoke on March 21st to teach this brand new day-long course.This course will focus on: online marketing techniques; creating a buyer counseling program; three critical fundamentals of successful negotiation and capturing more referrals. Click here for more information or to register.

Home Builders Welcome REALTORS® to Insulation Workshop

The Roanoke Regional Home Builders Association welcomes REALTORS® to register for a FREE Insulation Workshop, January 31st, 3:00-4:45PM. This event will be held in the training room of the Roanoke Gas Company, located at 519 Kimball Avenue. This Workshop will focus on insulation best practices, including a comparison of current and new products. Click here for more information, including how to register.

RVAR A Decade Ago

How much has changed in the past 10 years? Click here to check out the real estate market and RVAR in 2003. (Hint: IDX was first introduced and your CE renewal requirement increased to 16 hours.)

RVAR Training Room Available for Rent  

Brokers may rent out RVAR's training room. The training room can
be configured in three ways:

1. Small training room: 12 classroom/30 theatre 1/2 day $60 / full day $90
2. Large training room: 36 classroom/50 theatre 1/2 day $90 / full day $150
3. Full training room: 50 classroom/80 theatre 1/2 day $120 / full day $180

Rental requests are based on availability. Evening and weekend rentals are also available. Additional charges apply for use of the LCD projector and screen; coffee service and room set up (no charge if you set up yourself.) For more information or to book RVAR's training room, contact Louann Pagans  (772-0526).
Our REALTOR® Family   
RVAR congratulates Steve Hoover of MKB, REALTORS® who was recently installed as Chairman of the Better Business Bureau Board.

In Sympathy 


RVAR expresses sympathy to those members who have recently lost loved ones: H. B. Hodges upon the death of his mother; Lewis Sifford of Wampler Realty upon the death of his mother and Angela Batey of Gracious Living upon the death of her mother.


Let RVAR know if you have news to share.

Upcoming Events 


February 21  

VHDA Class - 10AM-Noon - FREE   

February 26  

Referrals Are the Name of the Game - 10:30AM-Noon - FREE  

March 13  

Annual Tech Forum, Holiday Inn Tanglewood

March 15   

GRI 407 - 8AM-4:30PM - $90 -($35 for GRI Plus Members and no exam required)  

March 21  

CRS Elective: No Bull Selling - 9AM-4PM - $95 (no exam) 


Roanoke Valley Association of REALTORS® 
 www.RVAR.com | (540) 772-0526 | Email