Advocacy
Protecting 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.
REALTORS® Political Action Committee
Improving good government by stimulating Realtors® to become involved in government at every level.
Government Resources
Federal, state and local government legal resources for Realtors®.
Submit an Issue
Concerned about an issue? Tell us about it here!
Policy and Advocacy News
VA General Assembly Wrap Up
The Virginia Realtors recently published the 2023 General Assembly review. Check out what was passed this year.
Loan Level Price Adjustments (LLPAs) Digest
There has been a lot of buzz about the loan level price adjustments (LLPAs) that go into effect in May 1 per the GSEs. Below are some linked articles on this topic going back to 4/26/2023. Links will be updated as more information becomes available. NAR: FHFA Heard...
FAAR Sends Letters on Stafford County Tax Rate and Caroline County FHA Loan Limits
FAAR has sent a letter expressing concerns about the advertised tax rate in Stafford County. The proposed tax rate would increase the real estate tax from the current 0.85 per $100 of assessed value to $1.145 and would add a 0.03 fire levy for a total of $1.175. ...
NAR Founding Member of the Housing Solutions Coalition
NAR is a founding member of the recently formed Housing Solutions Coalition to address the sharp rise in rent control policies and the constraints that housing supply is facing, leading to high prices and many families and individuals feeling squeezed out of their...
New endangered species listing causes confusion about lot clearing
The U.S. Fish and Wildlife Service has named the Northern long-eared bat to the endangered species list. This means that the bat now has the full protections of the Endangered Species Act (ESA) which includes protecting critical habitat. That includes restrictions...
Stafford County eyeing historic tax increase
Stafford County has set an advertised tax rate of 1.175 for the upcoming fiscal year, a whopping 32-cent increase from current levels. This number includes a nearly 30-cent increase in the real estate tax from the current rate of 0.85 per $100 of assessed value to...
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.
FAAR Legislative Positions
The FAAR Public Policy Committee reviews individual issues that agents are facing on a rolling basis. If the Committee identifies an issue that has implications for the real estate market as a whole, we will submit that issue to the Virginia Realtors® for potential inclusion in our statewide legislative platform before the General Assembly. View our current Legislative Package here. Interested in submitting an issue of concern? Do it here through our simple online form.
The Committee also frequently reviews and updates our Standing Positions. We refer back to these positions when we are asked to support or oppose something specific. These positions guide the response and engagement of our Association on issues in our local communities. Click here to view our current Standing Positions.
Advocacy Events
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.