ATI filing is due on Jan 30, 2021 for all appropriate transactions that closed in 2020. Rollback property taxes go from 5 years to 3 years on 1/1/2021. Parties may consider closing in 2021 if able for this reason. Thanks REALTORS® and staff who have been active in SC governmental affairs. Hotline: 803-772-5206 or email… Continue Reading To Do List 2021: Close Ag Prop (Rollback Tax 5 to 3), File ATI for 2020 Deals
Hotline: 803-772-5206 or email Byron or email Austin 400+ hotline inquiries: Top 5 issues: Forms State Law License Law Ethics - Professionalism Agency - interference Top Other issues: MLS issues - clear cooperation, misleading, compensation Land deal issues Multiple offers...seller decides, highest and best, escalators, SCR314 each time MLS Clear Cooperation Policy...seller decides, privacy means… Continue Reading Top Hotlines November 2020
The 2021 NAR Code of Ethics is here! https://www.nar.realtor/about-nar/governing-documents/code-of-ethics/2021-code-of-ethics-standards-of-practice Posted by: Byron King on 12/16/20 (This information is only accurate as of 12/16/20. You must contact SCR for updates and changes to this information after 12/16/20 as laws and regulations may change over time. SCR 803-772-5206 or email info or byron at screaltors.org)
https://www.nar.realtor/events/breaking-down-the-changes-to-the-code Wednesday, December 16 Breaking Down the Changes in the Code: Uniform Enforcement of Standard of Practice 10-5 with New Appendix XII Time: 1:00 – 2:00 pm CST Facilitators: Bruce Aydt and Matt Difanis Topic: How will the new Appendix XII, Appropriate Interpretation of Standard of Practice 10-5 and Professional Standards Policy Statement #29, assist… Continue Reading December 16: 2 pm NAR training on Fair Housing/SOP 10-5
Statistical top four: 1. Forms, which forms are needed, attorney approval to forms changes 2. Laws, state/licensing/local/federal 3. Ethics issues, professionalism complaints about other members 4. Disclosure issues, post closing the buyer finds property problems and blame the brokerages and the sellers for concealing issues Other: 1. MLS issues, Clear Cooperation Policy, Office Exclusives 2.… Continue Reading HOTTEST HOTLINES
COVID-19 GUIDES FOR CONSUMERS AND ASSOCIATIONS The NAR Housing Opportunity Committee reviewed resource guides created this year to help consumers who are facing financial and credit challenges due to COVID-19 and a guide to help REALTOR® associations create a housing stabilization task force. The guides include Protect Your Investment, Protect Your Credit, and Housing Stabilization… Continue Reading NAR Housing Opportunity Guides with Links
COVID-19 GUIDES FOR CONSUMERS AND ASSOCIATIONS The NAR Housing Opportunity Committee reviewed resource guides created this year to help consumers who are facing financial and credit challenges due to COVID-19 and a guide to help REALTOR® associations create a housing stabilization task force. The guides include Protect Your Investment, Protect Your Credit, and Housing Stabilization… Continue Reading NAR Housing Opportunity Guides
https://eservice.llr.sc.gov/PublicOrdersWeb/?divisionId=25 Posted by: Byron King on 12/08/20 (This information is only accurate as of 12/08/20. You must contact SCR for updates and changes to this information after 12/08/20 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)
https://eservice.llr.sc.gov/PublicOrdersWeb/?divisionId=19 Posted by: Byron King on 12/08/20 (This information is only accurate as of 12/08/20. You must contact SCR for updates and changes to this information after 12/08/20 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)
All real estate licensees (residential and commercial)... If an offer is rejected without counter, an offer rejection form, promulgated by the commission, signed by the licensee affirming presentation of the offer must be provided to the offeror by the licensee, whether the agent of the buyer, the seller, or if acting as a transaction broker.… Continue Reading Offer Rejection Form SCR314 plus…