Tag: Virginia fsbo

NAR Reaches Agreement with DOJ on MLS and Commissions Rules

On November 19, 2020, the National Association of REALTORS® (NAR) announced a settlement agreement with the U.S. Department of Justice (DOJ) regarding a civil lawsuit, which was filed against NAR the same day, alleging certain anticompetitive business practices. As part of the settlement agreement, NAR has agreed to modify certain rules and policies to improve … Continue reading “NAR Reaches Agreement with DOJ on MLS and Commissions Rules”

2020’s Housing Market Will Remain Hot Even During Holidays.

If your thinking about selling and you need to wait for Spring, you may want to think again. The housing market remains a hot seller’s market, with annual price growth reaching record highs and inventory continuing to fall. Buyers have been looking for signs of a slowdown in the housing market that has been hot … Continue reading “2020’s Housing Market Will Remain Hot Even During Holidays.”

VA Fall Gardening Tips

Now that fall in full swing and winter is around the corner, now may be the ideal time to get any outstanding outdoor projects out of the way. Many people think landscaping only happens in spring and summer, but there’s so much more work to do in fall beyond just raking those pesky leaves. Despite … Continue reading “VA Fall Gardening Tips”

What you need to know about contingencies.

Contingencies are legal clauses stating that certain requirements that must be met before the contract can go to settlement. Contingencies protect the buyer’s interest, and allow the buyer to terminate the contract and keep their earnest money (deposit given at the time of a ratified contract). We have broken down the different types of contingencies … Continue reading “What you need to know about contingencies.”

Our homes are still selling in just a few days during lockdown!

Every day that passes, people have a need to buy and sell homes. Inventory is low for the 2020 Spring Market which is why our homes are selling. Buyers are still looking to keep their home searches going – even if they can’t see the house in-person. The safest way to hunt for houses right … Continue reading “Our homes are still selling in just a few days during lockdown!”

Tax Deadlines Move to July 15

U.S. Treasury Department and IRS recently announced that they will extend filing due date to July 15. The due dates for all tax payments normally due April 15 have been pushed back 90 days to July 15, regardless of the amount owed. This applies to all taxpayers, including individuals, trusts and estates, corporations and other … Continue reading “Tax Deadlines Move to July 15”