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ROANOKE VALLEY REALTOR®                     Online  

 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®         1,106

Offices                 134 Affiliate                154


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

zipForm® Change Coming July 15th
Change is coming for zipForm® users with the final transition to zipForm® Plus on July 15th. zipForm® Plus offers new features, new technology and an improved user experience, including:
*    Enhanced user interface
*    E-signature integration
*    Improved search tools
*    Customized email signatures
*    Photo customization
*    Integrated storage
Click here to learn more about zipForm® Plus.

Your account will be automatically upgraded on July 15th. No action is required by you. All saved data from zipForm® 6 Professional will automatically be available in zipForm® Plus. No need to transfer files or import any data.

You may start using zipForm® Plus at any time -- many members have already switched.

Please take a moment to ensure that the computers you use to access zipForm® meet the minimum system requirements below.

Minimum System Requirements

Recommended System Requirements

  • Windows XP and above (Windows XP will require Google Chrome 26 and above or Mozilla Firefox 18 and above)
  • Mac OSX 10.6 and above
  • Internet Explorer 9 and above
  • Mozilla Firefox 18 and above
  • Safari 5.1.7 and above
  • Google Chrome 26 and above
  • Minimum Screen Resolution: 1024x768
  • 2GB RAM
  • PDF viewer that meets current Adobe PDF standards
  • Internet connection
  • Windows 7 and above
  • Mac OSX 10.6 and above
  • Internet Explorer 9 and above
  • Mozilla Firefox 18 and above
  • Safari 5.1.7 and above
  • Google Chrome 26 and above
  • Recommended Screen Resolution: 1280x800 and above
  • 2GB RAM
  • PDF viewer that meets current Adobe PDF standards
  • Internet connection

RVAR Standard Forms Revisions    

1. Revision to Purchase Agreement -- Effective July 1st

Changes to the POA and Condo laws will take effect July 1st, thus requiring the following changes to RVAR's Purchase Agreement. The revised Purchase Agreement will be available online in zipForm® and for sale at the RVAR office by July 1st. (revisions are highlighted below)


Please note: The phrase "and a receipt obtained" is not new. However, as of July 1st, the requirement for "a receipt obtained" will apply to all methods of delivery, including hand delivery.

2. Inspection Addendum -- Effective August 1st

Several revisions to the Inspection Addendum are being made as a result of suggestions recently received.

a. Paragraph G will be renamed Additional Structures and/or Systems to be Inspected (instead of Additional Inspections).
b. Results of Inspections -- Home and Additional Inspections: The following one word change should help clarify the meaning of the first sentence.

3. Exclusive Right to Represent Buyer Agreement -- Effective August 1st

Paragraph 6 Service Fee will be changed to give Broker the option to credit or not credit the Service Fee to the Buyer once the Buyer closes on the purchase of property.

Paragraph 7 Brokerage Fee will be changed to insert a blank line for the Broker and Buyer to spell out the Broker's fee, rather than the three options currently provided.

REALTORS® vs. Employees in Virginia 

Virginia currently has 29,676 REALTORS®. How does that compare with the number of overall employees in Virginia?

Since 1980, REALTORS® have made up 0.7 percent of the total workforce, on average, according to the National Association of REALTORS®. But that percentage is not the same for all states.

Over the past 34 years, either Hawaii or Arizona has had the highest share of REALTORS® per employed persons each year. The state with the lowest share of REALTORS® in the workforce over the past 34 years has rotated between Mississippi, Maine, West Virginia, South Dakota and North Dakota.

As for Virginia, 0.71% of all employees are REALTORS®.

Proposed Real Estate Board Regulations   

The new Real Estate Board Regulations will not be effective July 1st. At this point, they are in the Office of the Governor awaiting his signature. Upon his signature, the regulations must be posted in the Virginia Register of Regulations for 30 days before they become effective.

At this point, VAR does not have a timeline for the Governor's signature. When the regulations are signed, RVAR and VAR will notify members and provide educational tools to help them comply.

Leadership Openings on 2015 RVAR BOD    

RVAR's Board of Directors has announced the following leadership openings for 2015: President-elect, Vice President and 4 Director positions. The only stipulation for applicants is that there can be no more than two REALTORS® from the same firm serving on the Board at any given time. NOTE: The Immediate Past President is exempt from this requirement.

August 1st is the deadline for receipt of written applications. The Nominating Committee will request a personal interview with each candidate in early August and recommend a slate of Officers and Directors to the Board of Directors. The membership will be notified of this slate in early September. Petition candidates may also file during September. Should there be any contested positions, an election by ballot will be held in the fall.

Continuing their service on the 2015 Board will be: President Vic Coffey (RE/MAX All Stars); Immediate Past President Donna Greer (Long & Foster Hales Ford Bridge);  and Directors Bryan Musselwhite (Poe & Cronk), Jeff Snyder (The Real Estate Group), and Richard Wimberley (RE/MAX All Points.)

Any questions about leadership responsibilities or the nominations process should be addressed to Nominating Chairman  Richard Limroth or Chief Executive Officer Laura Benjamin.

Baby, it's cold outside!!       

Well...with temperatures in the 90's recently, maybe it is not so cold right now... but it will be soon enough! The Community Service Committee is gearing up for a coat drive to benefit the Salvation Army this fall. So, if you are cleaning out closets through the summer months and getting rid of winter outer wear, please put it aside for just a while longer. If you have clients that are moving and have coats, gloves, scarves or winter hats, please hold them for a wee bit longer! More details will be posted soon with information on how and where to donate items. 
Mark Your Calendars Now!! 
RVAR's 2014 Golf Tournament
This year's RVAR Golf Tournament will be held at the Roanoke Country Club on Friday, September 5th!  This is the first time we have held the tournament at the Roanoke Country Club and it will be a great venue for all the golfers. Plus, what better way to start your weekend!  Mark your calendars for this event!  Additional details will be announced soon.   

The Speaker's Forum Presents . . .  

The Speaker's Forum will present Landon Howard, President of Virginia's Blue Ridge and Executive Director of the Roanoke Valley Convention and Visitors Bureau to highlight the exciting branding of the entire region as "Virginia's Blue Ridge" and what it means to you.  The Forum will be held on Wednesday, July 9th at the RVAR office starting at 8:45AM with coffee and juice provided.  From 9:00 - 9:45 we will have a brief welcome followed by Mr. Landon's presentation.  There is NO CHARGE to attend this event, but seating is limited.  Click here to register or contact the RVAR office.
The Speaker's Forum (formerly the Speaker's Council) helps to provide local, informative presentations regarding topics that affect our businesses. The Forum welcomes any REALTOR® and Affiliate members and there is no charge to attend. Additional Forum meetings for 2014 are scheduled for September 17th and November 12th.   

Recent BOD Actions  

RVAR's Board of Directors meets almost every month. Here's a summary of the actions taken at the June 12th meeting.
  • Approved revisions to the Exclusive Right to Represent Buyer Agreement, Inspection Addendum and Purchase Agreement, as proposed by the Standard Forms Committee.
  • Referred proposed revisions to the Lot/Land Purchase Agreement back to the Standard Forms Committee, with a request to revise Paragraph 11: Soil Study.
  • Approved the recommendation of the Governmental Affairs Committee to submit a request to the Virginia Association of REALTORS® to impanel a group from around the state made up of residential and commercial brokers and agents, and property managers, to evaluate the practical application of the current Agency Law and identify needed revisions to the law.
Highlights from each Board of Directors meeting are posted on RVAR.com
REALTOR® Conventions in the Fall
VAR's Annual Convention, the REal Show, returns to Virginia Beach, October 8th and 9th. Education tracks include: Risky Business, Market Matters plus special Broker Management classes. Network with REALTORS® from across Virginia and meet key real estate vendors at the Expo.

NAR's Annual Convention, REALTORS® in Full Swing, will be held in New Orleans, November 7th -- 10th. Choose from more than 100 education sessions during the four days, plus the largest real estate trade show in the world, featuring nearly 400 exhibitors with the latest innovations and products. Plenty of networking opportunities plus a celebrity concert featuring Jennifer Hudson.  

Notice Regarding Commission and Compensation

Under the long-established policy of the Roanoke Valley Association of REALTORS®, the Virginia Association of REALTORS® and the National Association of REALTORS®:
  1. The broker's compensation for services rendered in respect to any listing is solely a matter of negotiation between the broker and his or her client, and is not fixed, controlled, recommended or maintained by any persons not a party to the listing agreement.
  2. The compensation paid by a listing broker to a cooperating broker in respect to any listing is established by the listing broker and is not fixed, controlled, recommended or maintained by any persons other than the listing broker.
Attention Appraisers: National USPAP Course in Abingdon
 The Appraisal Alliance of the Virginia Association of REALTORS® and the Southwest Virginia Association of REALTORS® is sponsoring the National USPAP Update Course on Thursday, July 24th, 8:30AM-5:00PM in Abingdon. National instructor Melanie McLane will teach this course, which is accepted for Appraisal Continuing Education credit (USPAP is the required 7 hour course) AND approved for 7 hours of Real Estate Related Continuing Education credit.

Click here for the registration flyer OR register online
Upcoming Education Offerings 
The Keys to Selling HUD Homes
: This FREE class, August 21st, 10:00-11:30AM at the RVAR office, will focus on simple and easy steps for HUD registration, plus HUD appraisals, repairs and new HUD listing periods. The presenter will be Walter Grewe of Long & Foster, REALTORS®. Click here to register. 

Upcoming Classes: Mark your calendars. The details of these classes will be promoted soon.

    Financial Workshop: September 18th at RVAR Office
        Tax Strategies: 9:30-10:30AM
        Caring for an Aging Parent: 10:45-11:45AM

    Annual Legal Update with VAR Deputy Counsel Blake Hegeman:
    October 28th, 9AM-Noon, South Roanoke County Library 
Our REALTOR® Family
Congratulations to Nikki Griffin of Colonial Mortgage Co. upon being appointed to serve on the 2014-2015 Board of Directors of the Botetourt County Chamber of Commerce. Congratulations also to Pete Wood of RE/MAX All Stars for being reappointed to serve another term on the Chamber Board.


In Sympathy

RVAR expresses sympathy to Jeannie Moore of Performance Title & Settlement and to Jeannine Hanson of Long & Foster, REALTORS® upon the death of their mother and sister respectively.

Let RVAR know if you have news to share.  



July 4th  

RVAR Office Closed for Holiday  

July 9th
Speakers Forum

August 1st   

Deadline for Nominations for BOD Openings     

August 21st  

Selling HUD Homes

September 1st  

RVAR Office Closed for Holiday    

September 5th  

Golf Tournament
September 18th
Financial Workshop
September 25th
Affiliates & REALTOR® Night
October 28th
Annual Legal Update
                   2014 RVAR Partner / Sponsors  


The RVAR proudly recognizes our

2014 Partner / Sponsors

for their generous support this year!


Platinum Level Partner / Sponsors


Atlantic Bay Mortgage Group

Southwest Virginia Moving & Storage

Virginia Varsity Transfer & Self Storage


Diamond Level Partner / Sponsors


Union Mortgage Group 

Wells Fargo Home Mortgage


Gold Level Partner / Sponsors


Acquisition Title & Settlement Agency, Inc.

BB&T Home Mortgage

Bill Meador Insurance Agency

Colonial Mortgage Company

Corridor Mortgage Group

Freedom First 

Laura R. Wright, Attorney at Law

Virginia Title Center


Silver Level Partner / Sponsors


2-10 Home Buyers Warranty

Colonial Title and Settlement

First Citizens Bank

HomeTown Mortgage

HMS Home Warranty

Member One Federal Credit Union

Seal-Tite Basement Waterproofing Co.

The Bullington Law Firm

 Thank You!!  

Your Member Input Is Important    

Click here to offer your input or a suggestion for the Association.
Roanoke Valley Association of REALTORS® 
 www.RVAR.com | (540) 772-0526 | Email