Legal FAQs

New NAR Consumer Guide: Buyer’s v Seller’s Market

2025-05-22T06:49:39-05:00May 22nd, 2025|Legal FAQs|

New Consumer Guide: Buyer's vs. Seller's MarketDear Counsel, As previewed last week, NAR is pleased to share the latest consumer guide focused on Buyer's vs. Seller's Markets. This guide explains how knowing whether conditions favor buyers or sellers can help consumers make smarter, more confident decisions when buying or selling a home. As a reminder,… Continue Reading New NAR Consumer Guide: Buyer’s v Seller’s Market

Top Ten Legal Hotlines April 2025

2025-05-15T15:45:20-05:00May 15th, 2025|Legal FAQs|

Top Ten Legal Hotlines April 2025 803-772-5206 info #1 Forms (Forms is almost always #1) (See SCR forms training videos at the SC REALTOR® Youtube Channel) https://www.youtube.com/@SCREALTORS/featured (SCR attorneys - Austin, Tiara, Byron can present forms training on Zoom or in your Office) (SCR forms update is coming soon, likely in June 2025) (SCR120 LB2BB,… Continue Reading Top Ten Legal Hotlines April 2025

NAR Consumer Guide: Your Home and Estate Planning

2025-05-14T13:34:01-05:00May 14th, 2025|Legal FAQs|

New Consumer Guide: Your Home and Estate Planning Dear Counsel, As previewed last week, NAR is pleased to share the latest consumer guide focused on estate planning. This guide explains how estate planning can help homeowners protect their property and ensure it is passed on according to their wishes, covering tools like wills, trusts, and… Continue Reading NAR Consumer Guide: Your Home and Estate Planning

SCDCA Anti Scam Webinar: Text Message Scams (5/14/25 10:30-11:15 am)

2025-05-12T12:44:05-05:00May 12th, 2025|Legal FAQs|

Topic: Common Text Message Scams When: Wednesday, May 14, 2025 • 10:30-11:15 a.m. The ding of an incoming text message can be hard to ignore. Scammers hope you won’t slow down and think over what’s in the message. Come learn about the most common text message scams and how to spot them! Presenter: Scott Cooke,… Continue Reading SCDCA Anti Scam Webinar: Text Message Scams (5/14/25 10:30-11:15 am)

NAR New Consumer Guide Mortgage Interest Deduction MiD

2025-05-08T12:50:39-05:00May 8th, 2025|Legal FAQs|

As previewed last week, NAR is pleased to share the latest consumer guide focused on mortgage interest tax deductions. This guide explains how the deduction works, when it may be useful, and how NAR is working to preserve the tax benefits of homeownership. As a reminder, all guides in this series are available for download-in… Continue Reading NAR New Consumer Guide Mortgage Interest Deduction MiD

NAR: New MLS Rules FAQs, Sellers Informed Decision Making Choices

2025-05-07T14:14:55-05:00May 7th, 2025|Legal FAQs|

NAR posted the FAQs to the incoming new MLS rules designed to inform sellers of their marketing choices so sellers can decide among the new and old MLS listing options. https://www.nar.realtor/the-facts This information is only accurate as of 5/7/25. You must contact SCR for updates and changes to this information after 5/7/25 as laws and… Continue Reading NAR: New MLS Rules FAQs, Sellers Informed Decision Making Choices

SC RPCDS aka SCR230 aka Seller Disclosure

2025-05-07T11:31:33-05:00May 7th, 2025|Legal FAQs|

The South Carolina state government regularly publishes a current version of the SC Residential Property Condition Disclosure Statement (SC RPCDS aka SCR230 aka the seller disclosure) in order to help protect sellers, buyers, and licensees in residential real estate transactions. There have been several court cases supporting the SC RPCDS purpose. One was published by… Continue Reading SC RPCDS aka SCR230 aka Seller Disclosure

NAR: Appraisers: FNMA Freddie Valuations

2025-05-05T15:30:02-05:00May 5th, 2025|Legal FAQs|

https://www.nar.realtor/appraisal-valuation/supporting-your-value-webinar-series/supporting-your-value-learn-how-fannie-mae-and-freddie-mac-valuation-policies-impact-realtorsr This information is only accurate as of 5/5/25. You must contact SCR for updates and changes to this information after 5/5/25 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 NAR: Appraisers: FNMA Freddie Valuations

SCDCA: Home Repair Scams

2025-05-05T12:57:24-05:00May 5th, 2025|Legal FAQs|

  Wednesday Webinar   The SC Department of Consumer Affairs (SCDCA) offers free webinars every week! Topic: Plan and Respond: Home Repair and Emergency Scams When: Wednesday, May 7, 2025 • 10:30-11:30 a.m. Hurricane Preparedness Week is underway. Disasters can bring out shady contractors, fake insurance claims and government imposters. Join SCDCA as we discuss… Continue Reading SCDCA: Home Repair Scams

NAR President on New MLS Policies (CCP, and More)!

2025-05-05T12:45:27-05:00May 5th, 2025|Legal FAQs|

https://www.nar.realtor/videos/nar-president-discusses-new-mls-policy NAR requires the MLS systems to adopt the Multiple Listing Options for Sellers by September. CCP = 1 business day: residential listing into the MLS remains Office Exclusives can be marketed broker-to-broker via email which is a change to current public market MLS rules. Seller gives informed consent. Delayed Marketing Exempt Listings: In the… Continue Reading NAR President on New MLS Policies (CCP, and More)!

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