Jon and Cate discuss the updated Standard Forms that will debut on July 1.

Jessica and Jon discuss how to work on deals outside of your MLS — how to cover bases with forms and compensation, and what risks and pitfalls to look out for.

This week, the Virginia REALTORS® legal team celebrates the holidays with an episode dedicated to the January 1 Standard Forms updates. Laura and Jessica talk about the 14 forms that will be updated and how those updates might affect your business practices.

Happy Independence Day! In this episode of Caveat REALTOR®, Virginia REALTORS®’s legal team discusses the July 2018 updates to the Virginia REALTORS® Standard Forms. All members of Virginia REALTORS® have access to our library of Standard Forms. Austin and Laura introduce our new forms and discuss which forms were updated. To conclude, they review how brokers and agents can limit their risk by using Standard Forms, and understanding the language in those forms.

On this holiday episode of Caveat REALTOR®, the Virginia REALTORS®’s legal team discusses the Standard Clause Bookletm which is available all year to members of Virginia REALTORS®. Laura and Cate discuss what the Standard Clause Booklet is, how members can use it, and where to find it. Finally, they review how brokers and agents can limit their risk by using the Standard Clause Booklet, requesting help through the Legal Hotline, and always using an attorney to draft new language in contracts.