Existing-Home Sales Declined 5.9% in July 2022 In July 2022, existing-home sales fell for the sixth straight month, reaching a 4.81 million seasonally adjusted annual rate. By: Michael Hyman Powered by WPeMatico
Summary: LLR suspended a BIC's license and fined and probation as discipline for several complaints from the public regarding: Not executing certain required documents and not providing copies of certain documents. Operating on verbal agreements. Not cooperating with LLR investigations. Making false statements to LLR investigations. Significant and allegedly suspicious handling of large amounts of… Continue Reading LLR
SCR LLR https://llr.sc.gov/re/complaint.aspx#:~:text=A%20complaint%20against%20a%20licensee,uploaded%20along%20with%20the%20complaint. https://screaltors.org/fileacomplaint/ Posted by: Byron King on 08/17/22 (This information is only accurate as of 08/17/22. You must contact SCR for updates and changes to this information after 08/17/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not… Continue Reading How to File SCR LLR Complaints
Beware strange phone calls, emails, texts, etc. Keep your brokerage, team, association, and law enforcement in the know about strange or creepy phone calls. Use good judgment about meeting and working with callers who make strange statements on the call (e.g., what are you wearing, are you at home, meet me alone at a listing,… Continue Reading REALTOR(R) Safety: Creep Phone Calls
Instant Reaction: Housing Starts, August 16, 2022 Construction starts of both single-family and multifamily housing units fell in July 2022. By: Lawrence Yun Powered by WPeMatico
How to Create the Perfect Indoor-Outdoor Space With the right design, you can expand your home’s living space and create a natural flow to the outside. By: Melissa Dittmann Tracey Design Trends Powered by WPeMatico
Housing Affordability Conditions Fade in June 2022 The monthly mortgage payment increased by 5.3% in June 2022, compared to the prior month, while the median family income increased by 1.4%. By: Michael Hyman Mortgage Financing Powered by WPeMatico
Double-Digit Home Price Increase in 80% of Metro Areas National median prices rose 14.2% year over year to $413,500, rising above $400,000 for the first time. By: Michael Hyman Powered by WPeMatico
https://www.nar.realtor/videos/window-to-the-law/overview-of-respa-for-real-estate-professionals Posted by: Byron King on 08/12/22 (This information is only accurate as of 08/12/22. You must contact SCR for updates and changes to this information after 08/12/22 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This… Continue Reading NAR on RESPA: Referral Fees – When legal? When Illegal?
Beware Wire Fraud! Educate everyone with this SCR wire fraud video and form: https://screaltors.org/wp-content/uploads/Forms/610.pdf https://www.youtube.com/watch?v=2nQLCom9U8c Secure your email systems. Two method authentication. Avoid power of attorney. Avoid providing or couriering wiring instruction. Call SCR for WIRE FRAUD training. WARNING: FBI warns that this is a multi-billion dollar international organized crime strategy. Posted by: Byron King… Continue Reading Beware WIRE FRAUD! Wiring Instructions? Be Alert!