Do you get upset with other REALTORS® and real estate teams that potentially give the false impression that they are a stand-alone brokerage and do not clearly disclose their brokerage on their signs and other advertising and communications? The SC real estate commissioners do. The commissioners and LLR staff want the public to know exactly… Continue Reading Advertising Complaints
Current best practice with flood insurance: REALTORS® always get a seller disclosure and owners association addendum (SCR230, SCR231). Seller Disclosure (LLR RPCDS Question #19 asks about water issues (e.g. floods, leaks, mold, wood destroying organisms, plumbing issues) during the seller's ownership. https://screaltors.org/wp-content/uploads/Forms/230.pdf REALTORS® always have buyers sign SCR233 Flood Insurance Disclosure form. https://screaltors.org/wp-content/uploads/Forms/233.pdf Buyer reps… Continue Reading Flood Insurance (Repetitive Claims)
Current best practice with flood insurance: REALTORS® always get a seller disclosure and owners association addendum (SCR230, SCR231). Seller Disclosure (LLR RPCDS Question #19 asks about water issues (e.g. floods, leaks, mold, wood destroying organisms, plumbing issues) during the seller's ownership. https://screaltors.org/wp-content/uploads/Forms/230.pdf REALTORS® always have buyers sign SCR233 Flood Insurance Disclosure form. https://screaltors.org/wp-content/uploads/Forms/233.pdf Buyer reps… Continue Reading Flood Insurance Disclosures (SCR233 flood insurance disclosure form)
NAR identifies metro areas with the highest deficit in home construction,, as well as those areas where the housing supply appears to be sufficient to meet the demands of home buyers. The Monthly Housing Shortage Tracker is an index, which compares how many permits are issued relative to the number of new jobs. The higher… Continue Reading Improving Housing Supply Conditions
Photo credit: BanksPhotos -iStock / Getty Images Plus By Rosie Rosati, guest contributor As a homebuyer, it’s easy to understand the appeal of investing in an older home. After all, it’s the perfect opportunity to tackle a few DIY projects and renovations to give the place the custom touch you’ve always imagined. Although this can seem… Continue Reading Watch for Asbestos When Renovating Older Homes: You May Be at Risk
By Lee Davenport This is part five in an ongoing series featuring top producers. Read part one featuring Jen Du Plessis Read part two featuring Rod Williams Read part three featuring Teresa Cowart Read part four featuring Christian Ross Today’s post features Toronto’s savvy and stylish @realestateinstillettos, Nikki Singh. She is a real estate broker… Continue Reading Keep Going Even When You Feel Like Giving Up: Q&A With Nikki Singh
A horse and buggy, solar roof tiles, secrets of the supermarket and getting rid of ums and ahs. Open plan offices are falling out of favor. Will the same happen to open concept homes? What leadership lessons can we learn from the Thai cave rescue? A horse-powered Uber (kind of)! Martin Abegglen/flickr/2010 Will Tesla’s solar… Continue Reading What We’re Reading: August 6-August 10
On Wednesday, August 8, the IRS released its proposed guidance on the new 20 percent business income deduction. The deduction, included as part of the Tax Cuts and Jobs Act passed in Congress last year, was a huge win for Realtors. With Wednesday’s announcement, that victory becomes even more significant for real estate professionals and… Continue Reading Big Win for Realtors in IRS Guidance on 20% Income Deduction
If you were tuned to the news Aug. 8 you might have heard the IRS released proposed regulations on the new 20 percent business income deduction for pass through businesses. IRS summary with link to FAQ. Proposed rules. The deduction was part of the big tax reform law Congress passed at the end of last… Continue Reading Big Win for REALTORS® on IRS Guidance for 20% Income Deduction
Last week, the U.S. Department of Treasury issued the latest in a series of reports aimed at improving regulation of the U.S. financial system. The report focuses on recommendations for nonbank financials, fintech, and innovation. NAR provided feedback on this initiative to Treasury earlier this year, highlighting a number of topics of importance to REALTORS®.… Continue Reading NAR Supports U.S. Treasury Efforts to Improve Financial Regulation, Foster Tech Innovation