Instant Reaction: Jobs, May 3, 2024 News of some cooling in the labor market could mean the topping-out of mortgage rates this week before more sustained declines through 2024. By: Lawrence Yun Powered by WPeMatico
Instant Reaction: Mortgage Rates, May 2, 2024 At 7.22%, the 30-year mortgage interest rate has hit its highest point since November 2023; rates are unlikely to move down soon. By: Jessica Lautz Mortgages & Home Financing Powered by WPeMatico
REALTORS® Continue Giving Back Despite Market Headwinds Despite market challenges like low inventory, higher mortgage rates, and low annual sales, REALTORS® remain committed to helping their communities. By: Matt Christopherson Outreach Powered by WPeMatico
Real Estate's Impact on State Economies by the Numbers The housing sector is a significant contributor to gross domestic product (GDP) through construction, home sales, and renovations.Powered by WPeMatico
https://www.sccourts.org/opinions/HTMLFiles/SC/28201.pdf SC Sup Ct reverses SC Ct of Appeals on arbitration. The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who… Continue Reading SC Supreme Ct Reverses SC Ct of Appeals
Pending Sales in March 2024 Up 3.4% from February In March 2024, pending home sales rose 3.4% from last month and increased modestly (0.1%) from a year ago. By: Michael Hyman Powered by WPeMatico
If you are interested in REALTOR® professional standards, ethics, arbitration, mediation, and or ombudsman, or you serve as a member of the professional standards committee or grievance committee or as a mediator/ombudsman; please begin and continue your self education program at this link over time: https://www.nar.realtor/about-nar/policies/professional-standards-and-code-of-ethics/educational-resources The National Association of REALTORS® is America’s largest trade… Continue Reading Professional Standards, Ethics, Arbitration, Mediation, Ombudsman: Educate Yourself
The Most, Least Desired Home Styles Online views for real estate listings may provide insight into the architecture styles home buyers favor. By: Melissa Dittmann Tracey Design & Architecture, Design Trends Powered by WPeMatico
Article 6 REALTORS® shall not accept any commission, rebate, or profit on expenditures made for their client, without the client’s knowledge and consent. Article 7 In a transaction, REALTORS® shall not accept compensation from more than one party, even if permitted by law, without disclosure to all parties and the informed consent of the REALTOR®’s… Continue Reading NAR Code of Ethics Excerpts on Compensation
Misconduct and Redress SECTION 40-57-710. Grounds for denial of issuance of license or for disciplinary action against licensee. (A) In addition to Section 40-1-110, the commission may deny issuance of a license to an applicant or may take disciplinary action against a licensee who: License Law: (28) allows or creates an unreasonable delay in the… Continue Reading License Law on Compensation Excerpts