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REIN Agent eNews * September 2016 http://myemail.constantcontact.com/REINAgenteNewsSeptember2016.html?soid=1101193623733&aid=erp58fqzS6s 1/5 Your monthly Agent eNewsletter with Statistics Report and other informative updates. The August 2016 Statistics Reports and Graphs are now available in the Member Services area of www.REINMLS.com . Questions regarding either the Standings or Statistics Reports should be directed to [email protected] . FOR IMMEDIATE RELEASE: Hampton Roads Real Estate Market Rejuvenated in August Though acvity seemed to be somewhat relaxed in June and July, August stascs tell the story of a re‐energized market. Residenal pending sales gained a momentum with a spike just above 26% from August 2015, and year‐over‐year growth in residenal se촁led sales rebounded from last month's decline. Further demonstrang the pace of the market, average days on market for Hampton Roads homes dropped in August to its lowest in more than 9 years. [READ MORE]

FOR IMMEDIATE RELEASE: Hampton Roads Real Estate Market … · 2016-11-09 · August stascs tell the stor y of a re‐energized market. Residenal pending sales gained a momentum with

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Page 1: FOR IMMEDIATE RELEASE: Hampton Roads Real Estate Market … · 2016-11-09 · August stascs tell the stor y of a re‐energized market. Residenal pending sales gained a momentum with

REIN Agent eNews * September 2016

http://myemail.constantcontact.com/REIN­Agent­eNews­­­September­2016.html?soid=1101193623733&aid=erp58fqzS6s 1/5

Your monthly Agent eNewsletter with Statistics Report and other informative updates.

The  August 2016 Statistics Reports and Graphs are now available in theMember Services area of www.REINMLS.com. Questions regarding either theStandings or Statistics Reports should be directed to [email protected].

FOR IMMEDIATE RELEASE:Hampton Roads Real Estate MarketRejuvenated in August Though ac𑬁vity seemed to be somewhat relaxed in June and July,August sta𑬁s𑬁cs tell the story of a re‐energized market.Residen𑬁al pending sales gained a momentum with a spike justabove 26% from August 2015, and year‐over‐year growth inresiden𑬁al se촁led sales rebounded from last month's decline.Further demonstra𑬁ng the pace of the market, average days onmarket for Hampton Roads homes dropped in August to itslowest in more than 9 years. [READ MORE]

Page 2: FOR IMMEDIATE RELEASE: Hampton Roads Real Estate Market … · 2016-11-09 · August stascs tell the stor y of a re‐energized market. Residenal pending sales gained a momentum with

REIN Agent eNews * September 2016

http://myemail.constantcontact.com/REIN­Agent­eNews­­­September­2016.html?soid=1101193623733&aid=erp58fqzS6s 2/5

Due to a low inventory of keyboxes, REIN has ini𑬁ated a mandatory recall of all excesskeyboxes which are not in use or assigned to a property. Members in possession of excesskeyboxes to be returned have been no𑬁fied via le촁er sent to their address on file with a list ofthe keyboxes involved. Please note ‐ this is a recall of REIN keyboxes only, and does not affectVPAR keyboxes. 

The deadline to return keyboxes to REIN is Friday, September 23, 2016.

Failure to return the required excess keyboxes by deadline will result in the following charges:

$120 Excess Keybox Recall Fee per unreturned box, AND$15 Admin Fee per unreturned box

Ques𑬁ons? Please contact REIN's Customer Service at 757.531.7903 or [email protected]

Keybox No­No...Never Attach a Keybox to a Utility Fixture

Just a reminder, Lis𑬁ng Agents shouldnever a촁ach a keybox to a u𑬁lity fixture,such as gas or water meters, electricboxes, or other u𑬁lity lines. Doing soposes a safety concern and could causedamage to a property. REINrepresenta𑬁ves dispatched to a lis𑬁ng toremove a keybox will NOT handle anykeybox a촁ached to a gas meter, due tothe risk of the bolt cu촁ers on metalcrea𑬁ng a dangerous spark. 

When placing a keybox on any property, please allow for plenty of SPACE on all sides of thekeybox...

ABOVE ‐ Leave room to insert your hand above the shackle, push down on it, and pullup to remove the shackle completely from the box.BELOW‐ Leave room for the key container to drop down to easily remove the key.SIDES ‐ In the off‐chance that you cannot remove the keybox from the property yourself,a REIN contractor may need to be called in to cut‐off the shackle. Make sure there isenough space for the bolt cu촁ers to fit/cut on both sides of the shackle.

Matrix Offers Versatility & MobilityAccessible from all popular web browsers,opera𑬁ng systems and pla쌁orms, Matrix providesthe versa𑬁lity demanded by today's real estatecommunity. Use Matrix from your PC‐ or Mac‐based desktop, laptop or tablet. 

For maximum efficiency on‐the‐go, you canaccess the full Matrix system on your web‐

Page 3: FOR IMMEDIATE RELEASE: Hampton Roads Real Estate Market … · 2016-11-09 · August stascs tell the stor y of a re‐energized market. Residenal pending sales gained a momentum with

REIN Agent eNews * September 2016

http://myemail.constantcontact.com/REIN­Agent­eNews­­­September­2016.html?soid=1101193623733&aid=erp58fqzS6s 3/5

enabled iPad or tablet. If you would prefer toaccess Matrix on your smartphone, a mobileversion is also available.

Built for simplicity and speed, Matrix Mobiledirectly accesses the Matrix system to provide ahost of func𑬁onality. Full searching, photos,maps, Speed Bar and lis𑬁ng carts are just a fewof the included features.

Many more details will be announced in thecoming months. Matrix training classes,webinars, and online support documents are available today ‐ go to www.REINMLS.com formore informa𑬁on.  

Instanet Solutions Vendor Training Rescheduled

Introducting a NewSuite of TransactionManagement ToolsEverything in one place Starting October 4, 2016! 

Take your business paperless and manage all your lis𑬁ngs, sales and leases online. WithInstanet Solu𑬁ons' suite of tools you can manage your lis𑬁ng documents, complete formsonline, submit digital signatures, and store an unlimited number of transac𑬁ons to the cloud...all working seamlessly from within a single pla쌁orm! 

Transacퟣ�on Desk   *   Instanet Forms   *   Authenퟣ�Sign

Special Vendor Training 

REIN has invited the experts at Instanet Solu𑬁ons to personally introduce these transac𑬁onmanagement tools to our members. Register today for one of the sessions below.

Starퟣ�ng October 4, REIN users will upload all required documents to lisퟣ�ngs via Instanet'sTransacퟣ�on Desk. Therefore, aៀ�endance is highly recommended for anyone who uploadsdocuments to the MLS.    

Tuesday, October 4 Session 1:  Virginia Beach  9:30AM ‐ 11:30AM  Session 2:  Virginia Beach  1:00PM ‐ 3:00PM 

 Wednesday, October 5 Session 1:  Virginia Beach  9:30AM ‐ 11:30AM  Session 2:  Virginia Beach  1:00PM ‐ 3:00PM 

Page 4: FOR IMMEDIATE RELEASE: Hampton Roads Real Estate Market … · 2016-11-09 · August stascs tell the stor y of a re‐energized market. Residenal pending sales gained a momentum with

REIN Agent eNews * September 2016

http://myemail.constantcontact.com/REIN­Agent­eNews­­­September­2016.html?soid=1101193623733&aid=erp58fqzS6s 4/5

Thursday, October 6 Session 1:  Hampton  9:30AM ‐ 11:30AM Session 2:  Hampton  1:00PM ‐ 3:00PM 

Virginia Beach sessions will be held at REIN's main office at 4575 Bonney Road. Hampton sessions will be held at the VPAR building at 1001 N. Campus Pkwy. 

Register through the REIN Training Services link under the FusionSmartlinks or Matrix External Links.

REIN Contract Training ­ September 26Approved for CE & PL Credits

REIN has partnered with the Ann PalmateerSchool of Real Estate to offer a contract trainingclass designed specifically for licensed membersof REIN, to review and explain REIN's contract andforms in detail.

"What's In The Purchase Agreement?" reviewsREIN's Standard Offer to Purchase Agreement andother contract addenda/amendments that maybe a촁ached to the purchase agreement.

This course has been approved for 6 hours of CE or PL credits.

Upcoming Class: Monday, September 26, 2016 ‐‐ 9:00am ‐ 3:30pm

Class will be held at REIN's Virginia Beach office, at 4575 Bonney Road, and includes a 30minute break for lunch.

Cost is $66 per student. All registra𑬁ons and payments are handled directly through the AnnPalmateer School of Real Estate.

To register: Email [email protected]  ‐or‐  call 757.373.4767

If you have any questions or comments regarding the announcements above,please contact us at [email protected]

REIN, Inc   |   4575 Bonney Road, Virginia Beach, VA 23462   |   757­531­7900 www.REINMLS.com 

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