In 1981 when NAR first started tracking the data, the average age of a first-time homebuyer was 29. They made up 44 percent of all homebuyers. Sixty-eight percent of first-time buyers were married couples, 12 percent were single female and 13 percent were single male (seven percent were other). In contrast, in 2018, the average… Continue Reading Throwback Thursday: First-Time Homebuyers Then and Now
Wondering what your top three 2019 risk management worries should be? NAR risk management committee identifies three: Team issues Coming soon Cybersecurity https://www.nar.realtor/natmeet.nsf/vwAttachmentsByKey/20461AC02FFF293786258354007C7B87/$File/AN18%20Minutes.Final.pdf Team issues: Remember the BIC supervises and compensates so have all that in writing. Know who your BIC is. Know in writing what your compensation is and how issues change if you… Continue Reading By Byron King: NAR Risk Management Committee Top 3: Teams, Coming Soon, Cybersecurity
Mortgage rates are starting off 2019 at very good levels. In fact, mortgage rates declined, starting the new year with the 30-year fixed rate mortgage dipping to 4.5 percent last week from 5 percent a month ago, according to mortgage finance provider Freddie Mac[1]. After a year of gradual increases, mortgage rates are declining. Stock market… Continue Reading Planning to Buy a Home in 2019?
https://www.scstatehouse.gov/sess122_2017-2018/bills/3886.htm Be it enacted by the General Assembly of the State of South Carolina: Homeowners Associations, Consumer Affairs services SECTION 1. Title 27 of the 1976 Code is amended by adding: "CHAPTER 30 Homeowners Associations Article 1 South Carolina Homeowners Association Act Section 27-30-110. This article may be cited as the 'South Carolina Homeowners Association… Continue Reading New HOA laws
By Melissa Dittmann Tracey, REALTOR® Magazine Photo Credit: L.J. Smith Stair Systems A great staircase can be attention-getting in your listing. Don’t forget to stage it and highlight it in your property photos to give it the attention it deserves. “A circular staircase creates a positive first impression as people walk into the home,” says… Continue Reading Why You Should Consider Staging the Staircase
By Rebecca Donatelli Every year we all sit down and make a list of New Year’s resolutions that we swear we are going to stick by for the entire year. They usually look something like this: 1. Start keto diet 2. Go to gym four days a week 3. Lose 30 pounds 4. Double sales… Continue Reading New Year’s Resolutions: 3 Weeks or 365 Days?
This links to the 2019 NAR Code of Ethics: https://www.nar.realtor/sites/default/files/documents/2019-COE.pdf Posted by: Byron King on 01/04/19 (This information is only accurate as of 01/04/19. You must contact SCR for updates and changes to this information after 01/04/19 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)
SCR forms updated with the 2019 forms library in zipForms. Update your packets and forms. The zipForms library is updated online so if you use your member benefit of zipForms then you are already updated! LLR's new seller disclosure (aka RPCDS, aka SCR230) is a mandatory change as of 1/1/2019. Ensure you are using an… Continue Reading Update Your SCR Forms Library
Cookies, cakes, crickets and clutter compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Mmmmmm . . .cake. NASA’s New Horizons mission comes with its own soundtrack, courtesy of Dr. Brian May, astrophysicist and lead guitarist of Queen. Mark Kent/flickr/2012 Lessons learned from opening a box of crickets. How clutter weighs you down. Gluten-free Girl Scout… Continue Reading What We’re Reading: December 31-January 4
You have seen the houses with solar panels. The solar panels can help generate electricity and hot water to help the owner and the environment. Listing brokers: ensure you ask the seller about the solar panels. Do you own the solar panels? Any problems with the solar panel systems? Do you lease or finance the… Continue Reading Solar Panels: See the Light!