Instant Reaction: Housing Starts, March 16, 2023 Apartment and multifamily housing construction continued its near 40-year high trends with 620,000 units started in February. By: Lawrence Yun Multifamily Properties Powered by WPeMatico
https://www.nar.realtor/magazine/real-estate-news/law-and-ethics/avoid-legal-snafus-around-canceled-contracts?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=8580A497-475F-4EC7-AB51-A5672128DE36 https://www.nar.realtor/videos/window-to-the-law/navigating-a-contract-termination Generally, no one likes when the hotline recommends that everyone hires their trial lawyers asap. So, SCR provides several ways to help avoid litigation (e.g., due diligence, contingencies, mediation, call the hotline before legal issues happen or deadlines are missed, training, education, forms, addenda, checkboxes, due diligence termination fee). Perhaps, use technology to… Continue Reading NAR: Your Contract Fails to Close, What Now? Settlement? Move on? Litigation?
https://www.nar.realtor/safety Posted by: Byron King on 03/15/23 (This information is only accurate as of 03/15/23. You must contact SCR for updates and changes to this information after 03/15/23 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… Continue Reading NAR on Safety. FOREWARN Augments Your Safety Programs
The SCR attorneys have been discussing the benefits and risks of using FOREWARN. Everything has benefits and risks. First, the benefits. FOREWARN rapidly searches many public databases for public information on potential real estate consumers. FOREWARN information used in compliance with laws and rules can be an important part of your overall safety plan. https://www.nar.realtor/safety… Continue Reading FOREWARN Thoughts…
10. Scams (e.g., vacant land sale, wire fraud, rental scam with listings)...FOREWARN can help you to detect fake sellers, fake lawyers/paralegals, fake landlords and fake property managers. Google alerts for your name/brokerage/team and listing addresses can help detect fake landlords and property managers in the listing scrape rental scam and other issues. Contact the lawyers… Continue Reading Hotline Top Ten February 2023
Hot Home Trend: Contrasting Countertops Mix and match goes beyond fixtures and faucets. By: Melissa Dittmann Tracey Design Trends Powered by WPeMatico
There Are More Households With Pets Than Children According to the U.S. Census, the share of families with children living in their homes under the age of 18 has continued to decline. By: Jessica Lautz Working With Buyers Powered by WPeMatico
https://landresellers.com/blog/how-to-avoid-land-selling-scams SCR offers FOREWARN for alternate contact for the deeded owner (e.g., phone, email, mail). The article mentions looking for the typical red flags (e.g., desire for quick discounted cash close) "too good to be true" aspect of scams and asking the potential scammer questions about the physical aspects of the land since many organized… Continue Reading Vacant Land Scams, Some Ways to Deter
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IMPORTANT – COMPLIANCE: As a professionally licensed agent, you can use FOREWARN to verify the identity and potential risks associated with your business prospects. Please note that you must limit your FOREWARN searches to professional use only. FOREWARN is only to be used for verifying inbound prospects that have initiated the interaction, such as when… Continue Reading Risk Management – FOREWARN Compliance