June Mortgage Rates Decline; Median Home Prices Rise The monthly mortgage payment increased by 1.0% compared to the prior month, while the median price of single-family homes increased by 2.4%. By: Michael Hyman Powered by WPeMatico
https://www.ccarsc.org/pages/palmettoreferralnetwork/?fbclid=IwZXh0bgNhZW0CMTAAAR0daGaQ0wFU1AH3pSOPwxLFquDx4tBJ0jKxYtlTnr4CetTMx2NU1g-LqMw_aem_vfpPF-NUceXb2eGDvqxBxg This information is only accurate as of 08/12/24. You must contact SCR for updates and changes to this information after 08/12/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended only to provide… Continue Reading Palmetto Referral Network
https://files.constantcontact.com/79989166be/0fb505f1-7c3a-4e22-ad70-1701a317f2fc.pdf This information is only accurate as of 08/12/24. You must contact SCR for updates and changes to this information after 08/12/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended only to provide… Continue Reading VA VAriance
Ahead of the August 17 implementation of NAR’s practice changes, we wanted to provide a few reminders of actions that are required to obtain a release of liability and protect your organization from claims related to broker commissions: We recommend all MLSs implement practice changes by August 17. REALTOR® MLSs (those owned exclusively by one… Continue Reading NAR Updates Settlement Information
https://www.youtube.com/watch?v=7ZWodLipflQ This information is only accurate as of 08/09/24. You must contact SCR for updates and changes to this information after 08/09/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended only to provide… Continue Reading Recorded 8/8/24 SCR Forms Webinar!
More American Households Have Pets Than Children The share of families with children under the age of 18 living in their homes has continued to decline. By: Jessica Lautz Powered by WPeMatico
Please see FAQ #98:https://www.nar.realtor/the-facts/nar-settlement-faqs This information is only accurate as of 08/09/24. You must contact SCR for updates and changes to this information after 08/09/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org) This information is not legal advice. This information is intended… Continue Reading Appraising Under the New MLS Rules
In August as the MLS rules change and as the MLS Participants/BICs/Licensees use the SCR120 Compensation Agreement in a manner like the previous MLS rules, here are some current typical thoughts: SCR120 is a contract between brokerages. Contract professionally. Call the hotline with questions. 803-712-3478 SCR can do SCR120 forms training for you. SCR has… Continue Reading When SCR120 is Used Similarly to MLS by MLS Participants, BICs
Instant Reaction: Mortgage Rates, August 8, 2024 The 30-year fixed mortgage rate from Freddie Mac dropped to 6.47% this week, compared to 6.73% last week. By: Jessica Lautz Mortgages & Home Financing Powered by WPeMatico
Common hotlines this week on SCR120: 1. I thought only the listing BIC can sign SCR120. I have a listing agent signing the SCR120. Is this okay? Yes. 2. The other brokerage wants everyone to sign the SCR120, listing agent/BIC and all the buyers and all the sellers. Is this a good idea? No. This… Continue Reading SCR120 Two Common FAQs