By Erica Christoffer The National Association of REALTORS® (NAR) released data back in 2011 that said members put an average of 3,300 miles on their cars annually from business-related driving. That number has likely risen in the past eight years. According to AAA, Americans are now in their cars 20 minutes longer each week than… Continue Reading Life is Short, Drive a Car You Like
July 2019 Pending Home Sales From last month, all four regions showed declines in contract signings. The West region had the biggest drop, of 3.4 %. August 29, 2019By: Michael Hyman Powered by WPeMatico
REALTORS®' Role in the Digital Age What has changed over the past seventeen years, with the increase in technology used in the business of real estate?August 27, 2019Technology Powered by WPeMatico
REALTORS® Confidence Index Survey: July 2019 HighlightsEighty percent of respondents reported that home prices remained constant or rose in July 2019 compared to levels one year ago.August 23, 2019By: Karen Belita Powered by WPeMatico
SCR recommends using the current LLR "seller disclosure" form because the current LLR form provides sellers and REALTORS® with very good liability shielding per state law. That state law was upheld by the SC Court of Appeals when challenged. So currently, lower courts must provide the liability shield. The current LLR form has 10 sections… Continue Reading Why Use the “Seller Disclosure” even for Land Deals (SCR230)?
July 2019 Existing-Home Sales Housing market activity this July rose 2.5% from June 2019, and the existing-home sales rate reached a 5.42 million seasonally adjusted annual rate.August 22, 2019By: Michael Hyman Powered by WPeMatico
Homeownership and the American Economy The U.S. Black homeownership rate today is lower than it was in 1968 when the Fair Housing Act, part of the Civil Rights Act, was signed into law.August 22, 2019 Powered by WPeMatico
Now includes access to a suite of employment risk-management resources and tools, including live online and telephone access to expert legal advice. Learn more about EPL Assist™ and how to access it here. Posted by: Byron King on 08/22/19 (This information is only accurate as of 08/22/19. You must contact SCR for updates and changes… Continue Reading Legal Hotline, Employment Law, Employees, Insurance
There is no easy way to find out the past flood/disaster claims. 8/15/19 NAR rep Drew Meyers stated that FEMA privacy prevents release. NAR is working on solving that issue. There have been suggestions on adding FEMA type claims to the LLR state government seller disclosure. Here are some suggestions: Always use the seller disclosure.… Continue Reading Prior to Contract or During Due Diligence: Ask about flood/disaster issues/claims.
HOA's have pro's and con's. Pro's: some owners like the HOA protects the quality of life in the area with rules, management, costs, and human relations. Con's: some owners perceive the rules, management, costs, and human relations as burdensome, overbearing, incompetent, criminal, or undesirable. SCR recommendations: Alert all buyers to the existence of private owners… Continue Reading HOA’s – use LAWYERS! SCR311 SCR391 and Seller Disclosure