ARCHIVED NEWS ARTICLES

• THE LATEST HOT SHEET NEWS FROM SUPRA
• SUPRA INTRODUCES NEXT GENERATION EKEY
• VIRGINIA AND WEST VIRGINIA SIGN RECIPROCITY AGREEMENT ON REAL ESTATE LICENSING
• NEW REAL ESTATE LAWS EFFECTIVE JULY 1ST THAT IMPACT YOU
• LIMITED SERVICES AGENCY LAW EFFECTIVE 7/1/07
• CLICK HERE FOR THE "NEW" VREB CONTINUING EDUCATION REQUIREMENTS
  

SUPRA ANNOUNCES ActiveKEY!

>No cradling required – connects “wirelessly”
>Instant notification of showings
>Bigger buttons make it easier to use
>Easier-to-read display
>Cancel button
>Built-in flashlight to locate the KeyBox or light switch in a dark home
>Improved backlight for display and keypad

Get ready to throw away that cradle because updating keys will be a thing of the past! ActiveKEY is always updated! If the key is lost or stolen, simply issue a deactivation command – wirelessly and instantly.

Everyone will benefit from ActiveKEY because all activity is transmitted wirelessly and immediately – no more waiting for users to cradle their key. ActiveKEY also provides instant notification of showings as soon as the showing agent walks into the house! Real Estate Agents will be in more control of their listings and will be able to immediately follow up on showings.

ActiveKEY is similar in size to the DisplayKEY and will have an improved user experience with an easier-to-read display, better backlighting, and larger buttons. This is the key you will be able to leave in your car. You can even purchase a car charger to keep it charged.

ActiveKey will be released Q3 of 2007 but we won’t be able to make the switch until we are a 100% iBox (the blue box) region. ActiveKEY will not work with the old gray boxes. When the rest of the region, NVAR, PWAR and GPAR convert to an all iBox environment we will be able to consider the change.

VIRGINIA AND WEST VIRGINIA SIGN RECIPROCITY AGREEMENT ON REAL ESTATE LICENSING

     Effective 1/23/07, West VA RE Commission and the VA RE Board entered into a reciprocal agreement. This agreement states that any applicant who holds either a resident Virginia Salesperson license or a resident West Virginia Salesperson license will be allowed to obtain a comparable license in the other jurisdiction upon filing the proper application form and payment of the required fees, provided the applicant furnishes proof of current active licensure in the resident jurisdiction on the date of application. Furnishing such proof will be recognized by the nonresident jurisdiction as satisfying the applicant's examination and pre-license educational requirements in that jurisdiction. (Certification of Licensure from all States including West Virginia or Virginia that you had or currently have)

     Any applicant who holds either a resident Virginia Broker license or a resident West Virginia Broker license will be allowed to obtain a comparable license in the other jurisdiction upon filing the proper application form and payment of the required fees, provided the applicant furnishes proof of current active licensure in the resident jurisdiction and verification of meeting the nonresident jurisdiction's experience requirement on the date of application. Furnishing such proof will be recognized by the nonresident jurisdiction as satisfying the applicant's examination, experience and pre-license educational requirements in that jurisdiction. (Certificate of Licensure from West Virginia or Virginia AND Experience Verification forms which is included in the Virginia Broker application package) For information call 304-558-3555.

     VA agents wanting to get a WV license need an

application (a green sheet) ordered from the WV Real Estate Commission (WVREC) plus a Certificate of Licensure from the VA DPOR (order form off web), and three forms which they can copy from www.wvrec.org , i.e.,

irrevocable consent for service, bond in amount of $2,000 and affidavit of residency.

     Once all this has been received, completed and compiled, send to WVREC, plus $50 to get reciprocal WV license.

     Brokers follow the same procedure but use broker's application (yellow form) and the fee is $100.

    All WV licenses expire on 31 June EACH YEAR and 7 hrs of continuing ed are needed to renew. Some courses are combined for VA/WV -- however, not all CE is approved by either State, even if approved by the other. 

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