AdvocacyProtecting our members’ ability to conduct business and also the rights of millions of property owners.
How do we advocate on your behalf?
The Fredericksburg Area Association of Realtors® (FAAR) represents REALTOR® and affiliate members throughout the Fredericksburg area including the City of Fredericksburg, and the counties of Stafford, Spotsylvania, King George, and Caroline. Our members also work in the neighboring counties of Louisa, Orange, Prince William, and Westmoreland. FAAR focuses on protecting our members’ ability to conduct business and also the rights of millions of property owners across the region. FAAR works to build relationships with local elected officials to ensure that the real estate industry has a seat at the table when important decisions that impact the industry are being made.
Policy and Advocacy News
From NAR.... The Tax Cuts and Jobs Act includes a 20 percent deduction from the net business income of sole proprietors and owners of S corporations, partnerships, and limited liability companies. The new deduction is intended to provide roughly the same tax rate cut...read more
Envision strolling down Caroline Street on an autumn evening and coming upon beautifully adorned white clothed tables beneath soft globes of light. Neighbors and friends fill the street while they chatter and consume local fare enjoying the beauty and...read more
That was one of the main messages from Spotsylvania Deputy County Administrator Mark Cole during a recent event with FAAR members at Strangeways Brewing. Mr. Cole stressed that economic development, especially business development, is a prime focus of the...read more
From NAR... The Internal Revenue Service issued proposed regulations today for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The new qualified...read more
The U.S. House of Representatives recently passed a bill that includes a 4-month extension of the National Flood Insurance Program. The program will continue without any changes to how it operates and will be set to expire again on November 30. We will...read more
Public Policy Committee
The FAAR Public Policy Committee consists of Realtor® and affiliate members who are interested in politics and policy. The group meets monthly to discuss issues of concern that impact the real estate profession. These issues are related to specific policies at the local, state, or federal level and also local elections. The Committee members work to develop solid relationships with local elected officials so that our Association has a seat the table when important decisions are being made that will impact the real estate market.
Annual Legislative Package
Each spring, the Public Policy Committee gathers the issues it has looked at over the last year and decides which issues rise to the level of being included in the annual Legislative Package. This package is submitted to the Virginia Association of Realtors® for possible inclusion in the statewide legislative agenda for the following year. Review the most recent copy of the Legislative Package here. Interested in submitting an issue of concern? Do it here through our simple online form.
FAAR hosts events throughout the year that give members the opportunity to engage in advocacy efforts. Each February, Realtors® and affiliate members descend on Capitol Square in Richmond to lobby their members of the General Assembly on issues of importance to real estate. FAAR hosts roundtables 3-4 times per year throughout the region to address specific local issues and hot topics such sign regulations and economic development. FAAR frequently hosts events with local elected officials to give our members a chance to interact with those individuals who represent them.
Fredericksburg Area Market Statistics
FAAR has access to a wealth of statistical information that you can use in your publications, market research, and listing presentations. Want to know how the market is faring throughout the region? Read the latest FAAR reports and review market statistics by clicking on the links below.