Real Estate Representation (Finally) Evolves in Virginia
Q: (Single Agent) Dual Agency - Who Benefits? A: The Realtor July 1 2012 will be a day that many buyers, sellers (and real estate agents, I'd wager) learn that the current world of real estate representation is (supposed to be) about representing clients' best…
What are Your Favorite Bills in this Year’s General Assembly?
These are the bills I'm tracking on Richmond Sunlight - bill ranging from real estate licensing to the castle doctrine to eminent domain - and quite a few more. The Charlottesville real estate market has gotten busier since the General Assembly's session started so my…
Real Estate (Dual) Agency in Virginia – Now Updated with a little Reason
This might seem like inside baseball to some, but if you're involved or thinking about being involved in a real estate transaction in the Commonwealth of Virginia, it's important. I said it nearly five years ago: Dual Agency - Who benefits? The Realtor. "No…
HB 1907 – Agency in Virginia, Disclosures and More
HB 1907 is a big bill; I've talked about it before, discussed how and why single agent dual agency is bad; when we founded Nest we made a policy against single agent dual agency .... No Dual Agency. To my knowledge, we are the only…
A Bill to Protect Consumers: Specifically Single Agent Dual Agency
Part One of at least Two. Much more to come next week; for now, I'm prepping to show houses in the Charlottesville area for the next three days. As a consumer, would you agree to Single Agent Dual Agency if you were informed about its'…
Blog Wayback – Why Use a Realtor – Decoding NAR-Speak
Blog Wayback again ... From November 2007: Why Use a Realtor - decoding NAR-Speak Inspired by these two comments on the BHB, today I'm going to respond to/pick apart the National Association of Realtors' Why use a Realtor? page. I hope that few consumers had…
Single Agent Dual Agency – Do Consumers Care?
Do consumers care about Single Agent Dual Agency? Maybe. The Code of Virginia states: A. A licensee may act as a dual representative only with the written consent of all clients to the transaction. Such written consent and disclosure of the brokerage relationship as required…