Michael Crist

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Economic Impact of South Carolina Housing Industry Totals $44.7 billion

2019-09-19T14:34:41-05:00September 19th, 2019|Press|

FOR IMMEDIATE RELEASE CONTACT: Sharon Delia Stone (803) 772-5206 Economic Impact of South Carolina Housing Industry Totals $44.7 billion COLUMBIA, S.C. (September 18, 2019) -- The annual economic impact of the housing industry on the state of South Carolina is $44.7 billion, according to a report released today by SC REALTORS® (SCR). Joseph C. Von… Continue Reading Economic Impact of South Carolina Housing Industry Totals $44.7 billion

September is Safety Month

2019-09-19T13:53:21-05:00September 19th, 2019|Legal FAQs|

https://www.nar.realtor/safety NAR has a wealth of resources to help agents, brokers, and associations better understand and educate each other about the safety risks they face. From planning your safety strategy to extensive safety resources including apps, products, and educators, NAR has many useful items for all real estate professionals including regularly-scheduled safety webinars, numerous articles… Continue Reading September is Safety Month

Ethics Case 1-3, You Decide: If Unprofessional Ethics Violation or No Ethics Violation

2019-09-05T09:39:52-05:00September 5th, 2019|Legal FAQs|

https://www.nar.realtor/code-of-ethics-and-arbitration-manual/case-interpretations-related-to-article-1 Case #1-3: Net Listing (Originally Case #7-3. Revised May, 1988. Transferred to Article 1 November, 1994.) Client A called REALTOR® B to list a small commercial property, explaining that he wanted to net at least $170,000 from its sale. He inquired about the brokerage commission and other selling costs. REALTOR® B’s response was: “You… Continue Reading Ethics Case 1-3, You Decide: If Unprofessional Ethics Violation or No Ethics Violation

NAR on Wholesaling, Flipping, Investing

2019-09-05T09:33:17-05:00September 5th, 2019|Legal FAQs|

https://www.nar.realtor/window-to-the-law Posted by: Byron King on 09/05/19 (This information is only accurate as of 09/05/19. You must contact SCR for updates and changes to this information after 09/05/19 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)

Bonuses

2019-09-05T09:28:12-05:00September 5th, 2019|Legal FAQs|

Bonuses: Cash, Gift Cards, Trips, Boats, Weekends in Houses, other Goodies Be careful when bonuses to buyer reps are offered. If the seller is paying or providing the bonus, get the bonus out of the seller's hands so the seller cannot renege after you have advertised the bonus. Best practice, seller and brokerage and law… Continue Reading Bonuses

NAR on Worker Classification (Employee, Independent Contractor, License Law)

2019-09-05T09:25:05-05:00September 5th, 2019|Legal FAQs|

https://www.nar.realtor/window-to-the-law SCR provides a standard independent contractor. BIC must properly supervise independent contractors in accordance with laws and licensing laws and NAR code of ethics. #1 Hotline call about independent contractors: what happens to compensation and pendings and leads during the independent contractor retiring/changing brokerages. Consider adding language to your independent agreement to cover this… Continue Reading NAR on Worker Classification (Employee, Independent Contractor, License Law)

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