Coldwell Banker Elite Wins Business of the Year!

Coldwell Banker Elite Wins Business of the Year!

business of the year

We are so honored to receive the Large Business of the Year Award this past Saturday from the Fredericksburg Regional Chamber of Commerce! The Chamber of Commerce awards this honor to the “company that balances business success with a dedication to improving the community’s quality of life.” We’ve been proud to be actively involved in the Fredericksburg community since 1977 when our founder, Kevin Breen, started his real estate business. In 1982, he opened the first Coldwell Banker franchise in Virginia and we’ve been the area’s premier real estate company ever since! With our acquisition of the Coldwell Banker Carriage House office in Downtown Fredericksburg this January, we’ll continue to be the Fredericksburg area’s best source for real estate knowledge.businessoftheyear

At Coldwell Banker Elite, we know that people make a community – not land or buildings or leases or franchises. We’re committed to giving back to our wonderful community by supporting multiple local charities. We raise $20,000 annually for the Greater Fredericksburg Habitat for Humanity, host fundraisers and sponsor adoptions for the Fredericksburg Regional SPCA, support the Rappahannock Big Brothers and Big Sisters program as well as sponsoring a lecture in the UMW Great Lives Series. For over 20 years, we’ve sponsored the Coldwell Banker Elite Grand Prix, a series of ten sporting events in which more than 4,000 athletes compete each year to raise cash for various charities. Aside from fundraising and sponsorships, we also have plenty of agents, staff, and brokers who are personally volunteer for each of these charitable causes. We’re here to stay, and that means helping make life a little better for our neighbors.kevin breen

Thank you to the Fredericksburg Regional Chamber of Commerce for recognizing us as the Large Business of the Year! We truly  appreciate all of our wonderful clients, friends, business partners and agents who make it easy to love our jobs!

What Legally Defines A Bedroom In Virginia?

What Legally Defines A Bedroom In Virginia?

What is a bedroom

What Is Required For A Bedroom in My Virginia Home?

I’ve been a Realtor for a long time and I recall that even in my licensing class that there was confusion as to what constituted a bedroom. I remember that the common opinion was a room with a window and a closet.  BOOM. Done.  …Yeah, not so much.  Where as the answer is simple, it’s not THAT simple and the customary ideology was wrong.

This type of misunderstanding happens far too often when people are unwilling to look at the actual rules that establish what something is.  The Virginia Statewide Building Code sets the standards for what constitutes …well, everything.  In this case we’re speaking specifically of bedrooms, so I’ll list those standards.

The Summary of Standards

  • Ceiling Height: The ceiling must be at least 7 foot tall (Less than that and we can only sell to Hobbits)
  • Egress: Each bedroom must have a window or door by which an individual can leave. The egress should be at least 5.7 square feet and no more than 44 inches from the ground. And because prison cells are frowned upon in a house, you can’t have grates or bars installed on the windows (my heart goes out to fathers of teenage daughters).
  • Entrance: The door used as an entrance to a bedroom may not be through another bedroom. It must have a primary entrance from a larger room or hallway. (Sorry, no bedroom mazes as much fun as that may be)
  • Square Footage: The minimum square footage is 70 square feet, with an additional 50 for each additional occupant.  So if you have two people living in a bedroom, then it needs to be 120 square feet (which is still suffocating, unless you’re newly weds).
  • Heating and Air:  The bedroom must have natural ventilation and a heat source tied to the house. (Unlike that 105 lbs barbie-doll that you work with who surrounds herself with 5 portable heaters at her desk …in July…, you cannot use portable heaters to qualify a bedroom.)

What About A Closet?

Nope. It’s a myth.  You do not have to have a closet.  There is no statewide rule that requires a closet in the bedroom.  This myth is derived from an old FHA standard that was abrogated in the mid to late 1990’s and once required a closet for a bedroom to be counted as such.  I’ve heard of an appraiser who stated that they wouldn’t count it.  That’s fine, it’s easy enough to challenge and now you know that your appraiser hasn’t read a regulatory update in about 25 years.  Appraisers cannot create regulation.  Some appraisers will state that its in the lender’s guidelines. It may very well be, but you should ask to see a copy of that section of the guidelines. Local jurisdictions may have some requirements about bedrooms in their building code.

But The Home Only Perks For A 3 Bedroom House!

Agents would be well advised to disclose what a home’s septic perk for. If the reality is that you do in fact have 5 bedrooms and a 3 bedroom perk, then you should disclose just that.  So, let potential buyers know that the house is overbuilt for the system, but there’s no reason to consider it as fewer bedrooms.  In 2006 this was challenged by a consumer against a Real Estate Agent in the Fredericksburg Region.  The Virginia Real Estate Board found that the agent was not in violation of any rules, because they stated a fact with a disclosure, therefore allowing the Buyer to make a decision on how to proceed.

Remember that in order to be effective a disclosure should be meaningful, timely and in writing.  Let buyers know before they draft an offer, or even see the property what the deal is with the bedrooms and septic perks.  Put it in writing in the agent only section of MLS and also make sure that it’s in the Residential Property Disclosure or some other area of the contract.

It’s important to note that the methodology for the bedrooms is that there is a 2 person occupancy by bedroom and there is reverse engineering as to what a septic system can handle based on occupancy. Consult with an engineer if you’re looking to over-occupy a house.

This is a great rule to use when extended family wants to stay for the holidays.  “Nope mom-in-law, my house can’t handle any more crap. Sorry, it’s only perked for us.”

My Disclaimer

I do wish to be clear in that I am not an authority on this and that any agent or consumer who has questions should use this post as a guideline that I believed to be accurate at the time of writing.  Local zoning departments may set higher or different standards and agents and consumers should also defer to the local offices when they have questions.

Halloween Coldwell Banker Style

Halloween Coldwell Banker Style

“This year, we at Coldwell Banker are celebrating Halloween at home through the lens of one woman’s memory of Halloweens past and how it shapes her home today. From graveyards in front yards to chaos in the hallways and an overactive doorbell, there are elements that I’m sure each of us can relate to from our own memories of home.”

 

Halloween is a special day at home. The house is filled with fun and laughter which is the best treat you can ask for. This is where traditions are born. This is home.