Variable Rate Commissions – Legal Video
VAR Staff Counsel, Sean Olk, discusses what a variable rate commission is, how to agree to a variable rate commission with a client, and the disclosure requirements when…
Video - March 15, 2024
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Risk management is at the heart of professional real estate practice. The Virginia REALTORS® Legal Resources are designed to keep you updated on legal issues relevant to your real estate practices and to reduce your exposure to risk. Our staff monitors legislative and regulatory issues and keeps you informed of changes that affect your real estate business.
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VAR Staff Counsel, Sean Olk, discusses what a variable rate commission is, how to agree to a variable rate commission with a client, and the disclosure requirements when…
Video - March 15, 2024
The Legal Team discusses the use of other agents’ listings in your social media.
Podcast - March 5, 2024
This case examines a scenario in which a real estate licensee woefully disregarded the listing agreement and failed to inform his clients of the offer. Real estate licensees…
Article - March 4, 2024 - VAR Legal Team
VAR Staff Counsel, Sean Olk, discusses the role of a supervising broker along with the duties that they must perform. Have legal questions? Get answers with our Legal…
Video - March 4, 2024
What do your agents need to know about advertising on social media? Share these resources in your next sales meeting! See all sales meeting kits.
Sales Meeting Kit - March 4, 2024
This case examines a scenario in which a real estate licensee took instructions from a spouse who was not an owner, not included on the listing agreement, and…
Article - February 29, 2024 - VAR Legal Team
The Legal Team discusses the basics of kick-out clauses and when they may be in your client’s best interests.
Podcast - February 27, 2024
The team discusses the Professional Standards Arbitration process for REALTORS®.
Podcast - February 20, 2024
What happens when laws conflict with each other? Our legal team explains how landlords should navigate conflicting laws when they have servicemember-tenants asking to break a lease early…
Video - February 16, 2024
The Legal Department talks about the recent rule changes to the Telephone Consumer Protection Act (TCPA) and how it might affect your business.
Podcast - February 13, 2024
This month, VAR Associate General Counsel Jon Haley puts on his “math teacher” hat to provide a refresher on how escalation clauses work. He covers what to do…
Video - February 7, 2024
The Legal Team discusses a recent decision in a Fair Housing case regarding religious statements in advertisements.
Podcast - February 6, 2024
What Is A Home Inspection Contingency? Share these resources with your agents in your next sales meeting! See all sales meeting kits.
Sales Meeting Kit - February 4, 2024
This case examines a scenario in which a real estate licensee engaged in advertising in violation of Virginia Real Estate Board regulations by utilizing a mass-mailing advertisement which…
Article - January 31, 2024 - VAR Legal Team
The Legal Department discusses a new FinCEN Beneficial Ownership Information reporting rule and how it affects your business. FinCEN’s website: www.fincen.gov/boi.
Podcast - January 30, 2024
The Legal Team discusses the recent DOJ settlement regarding tenants who are servicemembers, and what it means for property managers in Virginia.
Podcast - January 23, 2024
VAR Staff Counsel, Santiago Montalvo, breaks down the new form updates for February 1, 2024. Make sure YOU understand these important changes to the standard forms. Redline documents.…
Video - January 18, 2024
The Legal Department discusses updates to the Office Policy Manuals. Check out our Broker Resources page.
Podcast - January 16, 2024
The Legal Department talks about form changes effective February 2024. Check out the forms here.
Podcast - January 9, 2024
They might have went out of fashion in the 90s but you could still encounter them today. Make sure that YOU understand some of the risks associated with…
Video - January 9, 2024
Attention brokers, listing agents and selling agents: important form changes are coming starting February 1, 2024. Share these materials with your team in your next sales meeting to…
Sales Meeting Kit - January 5, 2024
Background: In December of 2022, Kinsella Realty (“Kinsella”) entered into an Exclusive Right to Represent Buyer Agreement with Terrance Mann (“Mann”). The buyer agreement listed Archie Graham (“Graham”)…
Article - January 3, 2024 - VAR Legal Team
The Legal Department goes in depth into the differences between standard agency, dual agency, and designated agency.
Podcast - January 2, 2024
The Legal Team discusses the circumstances that require a disclosure about a seller’s property.
Podcast - January 2, 2024
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