Links to Hurricane Florence Resources
Hurricane Florence has the potential to impact hundreds of thousands of homes and commercial buildings. According to estimates, some 750,000 U.S. homes are at risk of coastal storm surge, and up to $170 billion in property damage is possible across the Carolinas and Virginia. NAR has compiled links that can be helpful to you and your customers preparing for and responding to the aftermath of the storm. NAR is also calling on Congress to pass long-term reauthorization and reform of federal flood insurance, which is critical for healthy property markets throughout the country.
To donate to the REALTORS Relief Foundation to help victims of the storm damage, visit: https://www.nar.realtor/about-nar/grants-and-funding/realtors-relief-foundation/donate-to-rrf.
Education Changes Go Into Effect 1/1/2019
The following changes were accepted by the Real Estate Board by the VREB Education Committee on July 12, 2018:
Post License Education
There will be a two-hour real estate finance class added to the mandatory classes. The total hours required remains at 30 hours. The Real Estate Law and Regulations category will be reduced from eight to six hours. The following will be the required curriculum effective 1/1/19.
How does this affect new licensees whose license expires after 1/1/19?
Broker Management/Supervision Education
Of the eight hours of broker management/supervision education, a two-hour class specific to the broker supervision requirements under Virginia and Board regulations will be required.
How does this affect licensees whose license expires after 1/1/19?
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