NEW Office Policy Manual Updates
December 7, 2020
Virginia REALTORS® offers members three template Office Policy & Procedures Manuals that can be used and modified by Brokers to ensure compliance with the Virginia Real Estate Board Regulations requirement that firms have written policies and procedures regarding certain items.
Each year Virginia REALTORS® updates our Suggested Office Policy Manuals based on changes to the laws, regulations, REALTOR® Code of Ethics, and industry best practices. To read about the changes made for 2021, see marked up versions with the changes, and view the newest edition, visit our website. If you have already adopted the Virginia REALTORS® Suggested Office Policy Manual, the marked up versions (“Redline”) will allow you to quickly see what was changed and determine whether you need or want to make those changes in the document you have already customized. If you don’t have an Office Policy Manual, or are looking for a new one, you’ll want to look at the documents marked “clean.”
You can find the clean, marked up, and explanation documents here:
Residential Broker Office Policy Manual
Property Management Broker Office Policy Manual
You might also like…
RESPA & Joint Ventures: What Is Allowed?
By Laura M. Murray - March 6, 2023
We have heard reports that state Attorneys General may be taking an increased interest in certain joint venture arrangements between real estate licensees and settlement companies. Agents may… Read More
DPOR Update: Death or Disability of a Broker
By Laura M. Murray - December 5, 2022
In the 2022 Session, the General Assembly passed a law updating what happens in the event of the death or disability of a sole proprietor or sole broker… Read More
What Do Federal Reserve Rate Hikes Mean for the Housing Market and for Your Business?
By Dr. Lisa Sturtevant - April 4, 2022
In March, the Federal Reserve raised the short-term federal funds rate by 0.25 percentage points. This rate hike was the first time the Fed has raised rates since… Read More