Legal FAQs

NAR Warns of Domain Scam Targeting Members

2024-10-08T10:59:43-05:00October 8th, 2024|Legal FAQs|

https://www.nar.realtor/magazine/real-estate-news/web-domain-listing-scam-is-targeting-nar-members?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&utm_campaign=34FB1440-92D5-42F6-A71E-28B6B1CB1AB4&nwsltr=navnar&utm_content=89B51D1E-135F-4D7E-837B-6E0E283417FA This information is only accurate as of 10/08/24. You must contact SCR for updates and changes to this information after 10/08/24 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 [...]

REALTOR Magazine: How Can Appraisers Arrive at Different Values?

2024-10-08T09:31:51-05:00October 8th, 2024|Legal FAQs|

https://www.nar.realtor/magazine/real-estate-news/sales-and-marketing/how-can-two-appraisers-value-the-same-property-differently This information is only accurate as of 10/08/24. You must contact SCR for updates and changes to this information after 10/08/24 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 [...]

NAR: Texas Law Allows Oral Compensation Agreements Internal to Brokerage

2024-10-08T09:30:02-05:00October 8th, 2024|Legal FAQs|

https://www.nar.realtor/legal-case-summaries/texas-court-enforces-broker-agent-oral-agreement-to-split-agency-commissions This information is only accurate as of 10/08/24. You must contact SCR for updates and changes to this information after 10/08/24 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 [...]

NAR Legal: Never Filter Listings for Compensation EVEN IF the Buyer Directs You To

2024-10-08T09:24:11-05:00October 8th, 2024|Legal FAQs|

NAR Legal: Never Filter Listings for Compensation EVEN IF your Buyer directs you to do so in the presentation of properties stage of your buyer brokerage efforts. After the presentation of properties, informed buyers can then decide how they want to proceed with showings, tourings, and payment of compensation. Some practice tips: 1. Interview your [...]

Natural Disasters

2024-10-04T08:08:49-05:00October 4th, 2024|Legal FAQs|

https://www.nar.realtor/natural-disaster-policy/transaction-guidance-after-natural-disaster https://selling-guide.fanniemae.com/sel/b2-3-05/properties-affected-disaster This information is only accurate as of 10/04/24. You must contact SCR for updates and changes to this information after 10/04/24 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 [...]

SCR120 Compensation Agreement (Can be used in several situations)

2024-10-03T09:07:14-05:00October 3rd, 2024|Legal FAQs|

The SCR120 Compensation Agreement was originally created as a "Swiss Army Knife" form that handles multiple situations without creating a form for each situation. This multiple use of SCR120 can create confusion with choices on SCR120. More blanks to fill in equals more confusion and more mistakes can occur. So, there may be future compensation [...]

NAR/REALTOR Magazine Consumer Info on MLS

2024-10-02T13:50:38-05:00October 2nd, 2024|Legal FAQs|

Educating consumers on multiple listing services What are multiple listing services (MLSs) and what value do they bring to the home buying or selling process? NAR has created a dedicated resource to educate home buyers and sellers on these important tools. Download and share the resourcedirectly with prospective clients. This information is only accurate as [...]

Newer iPhones Have Emergency Satellite Communications Capabilities

2024-10-02T12:01:32-05:00October 2nd, 2024|Legal FAQs|

https://support.apple.com/en-us/105097#:~:text=Satellite%20features%20on%20iPhone,family%2C%20and%20share%20your%20location. This information is only accurate as of 10/02/24. You must contact SCR for updates and changes to this information after 10/02/24 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 [...]

Top Ten (Sixteen) Hotlines August 2024

2024-09-23T14:46:06-05:00September 23rd, 2024|Legal FAQs|

1. Forms 2. Other 3. Advertising 4. Settlement 5. Professionalism 6. License Laws 7. MLS issues 8. Disclosure issues 9. BIC issues 10. Compensation 11. Due diligence 12. Property management 13. Agency 14. State laws 15. Earnest money 16. Fair housing This information is only accurate as of 09/23/24. You must contact SCR for updates [...]

50 Years of NAR Advocacy Wins

2024-09-23T07:37:28-05:00September 23rd, 2024|Legal FAQs|

https://www.nar.realtor/advocacy/nar-advocacy-wins This information is only accurate as of 09/23/24. You must contact SCR for updates and changes to this information after 09/23/24 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 [...]

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