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VAR’s 2014 Legislative Package

Keep up with VAR's legislative efforts on RealtorsChoose.com. Don't miss the first edition of Capitol Connections, our weekly video update on the General Assembly session featuring VAR's director of political operations, Heidi Schlicher.

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The VAR Public Policy Committee, composed of 21 volunteer REALTOR® members, works diligently throughout the year to create VAR’s annual Legislative Agenda.

Quick look: VAR's 2014 legislative priorities

The VAR Public Policy Committee, composed of 21 volunteer REALTOR® members, works diligently throughout the year to create VAR’s annual Legislative Agenda.

NAR discounts Military Relocation Professional certification

To help promote its new Military Relocation Professional certification, NAR’s REALTOR® University is offering a discount on the one-day online core course. Instead of the usual $130, it’s only $97.50 through the end of December — a 25 percent discount. (You also need to complete two hour-long webinars and pay the application fee.)

Even better, through March 16, 2014, NAR is offering a $46 discount on that MRP application fee ($149 instead of $195).

REALTOR® Call for Action: Protect the NFIP

BLOCK-CFA-NFIP-11-2013Congress provided a 5-year reauthorization of the National Flood Insurance Program (NFIP), but severe implementation problems threaten to undermine real estate transactions where flood insurance is required to obtain a mortgage.

VAR CEO named to McAuliffe transition committee

Sec_SuitTerrie Suit, VAR’s Chief Executive Officer, has been named to Governor-Elect Terry McAuliffe’s transition committee.

Said McAuliffe:

“The challenges we face require leaders who will put old battles aside and find common ground to move us forward together. I have no doubt that this transition committee will help me build an administration that is ready to hit the ground running on the issues that matter most to Virginia families.”

2013 Virginia Election Results

Last night, voters in Virginia elected a new governor, Terry McAuliffe, lieutenant governor, Ralph Northam, attorney general and House of Delegates. (As of this morning, the attorney general’s race remains too close to call.)

The Virginia Association of REALTORS® congratulates all the winners.

“Housing has and will continue to play a pivotal role in our economic recovery,” said VAR CEO Terrie Suit. “We have already begun looking for opportunities to work with everyone elected last night, Democrats and Republicans, to make sure we continue a pro-housing environment across the commonwealth.”

NVAR hosts breakfast fundraiser for Senator Ralph Northam, candidate for lieutenant governor

The Northern Virginia Association of REALTORS® hosted a breakfast fundraiser for the campaign of Senator Ralph Northam, the REALTOR-endorsed candidate for lieutenant governor.

Key Races: David Bulova, Dave Albo

This Election Day, there are a number of key races for the Virginia House of Delegates that VAR is following closely — these are contests that could have a profound effect on real estate in Virginia. Here’s a summary of two of them.

Bill will postpone flood-insurance rate hikes

Key House and Senate members have reached a bipartisan deal to delay the implementation of major parts of the Biggert-Waters Flood Insurance Reform Act. The agreement — which still must be codified into a bill — will ensure the government continues to subsidize flood-insurance for many homeowners who participate in the National Flood Insurance Program (NFIP) while the impact of higher rates is studied.

The agreement is a result of concerns over the implementation of Biggert-Waters, and the effect it has had on flood insurance premiums since it was passed in July 2012.

NAR President testifies on Capitol Hill

NAR President Gary Thomas testifies before Congress on October 29.

Speaking in support of the bipartisan “Housing Finance Reform and Taxpayer Protection Act of 2013” — which provides for an explicit government guarantee for the secondary mortgage market — NAR President Gary Thomas testified before the Senate Committee on Banking, Housing and Urban Affairs today.