If/when your MLS adopts a version of NAR's clear cooperation policy then you must input your listing into the MLS and you have one business day to input your listing into MLS unless you are only communicating your listing internally to your brokerage as an office exclusive. Sellers will no longer be able to simultaneously… Continue Reading NAR/MLS Clear Cooperation Policy Addresses Abuses of Coming Soon Advertising
Risk management, consider evaluating the criminal conviction after the other rental evaluation (e.g., finances, rental history). The potential tenant might be rejected on financial and rental history without the need to take on the potential fair housing risks that can arise from rejecting on felony conviction. Video on this issue: https://www.youtube.com/watch?v=8EYIxNwXhos If asking a potential… Continue Reading Fair Housing: Potential Tenants with Felony Convictions
The 2020 SCR Housing Opportunity Committee (HOC) is seeking ideas on ways that SCR can help address homelessness in SC. SCR HOC member Peggy Hill mentioned that WUAR will host Rebuild Anderson on May 12th at the WUAR offices. This organization fundraises to repair low-income homes which helps the low-income homeowner remain in their home… Continue Reading REALTORS(R) Fight Homelessness
For quality assurance reasons and because lawyers can argue what the English words in the SCR forms mean so a translation would allow lawyers to argue even more in court, the SCR standard forms committee does not produce non-English language forms as a risk management strategy. SCR surveyed other states in the USA and no… Continue Reading Spanish Forms, Chinese, Korean, German, French, Other Languages
We are excited to announce the addition of two free webinars taking place in March 2020. Registration link can be found in the attached announcement or by clicking this link: https://docs.google.com/forms/d/e/1FAIpQLScBWSbnoFS4edNP495ftMVgrJpuXL4MpjQvdc9UcY3cWw_ePw/viewform March 19, 2020 at 11:00 - 11:30 a.m. Eastern Standard Time Inspecting Radon Mitigation Systems Presenter: Bruce Snead, Director of Engineering Extension at Kansas… Continue Reading Radon Webinars
https://magazine.realtor/law-and-ethics/ethics/article/2020/01/the-code-toughens-its-words https://magazine.realtor/news-and-commentary/feature/article/2020/02/ohio-realtors-stand-up-for-lgbtq-rights Posted by: Byron King on 2/20/20 (This information is only accurate as of 2/20/20. You must contact SCR for updates and changes to this information after 2/20/20 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)
NAR article on Wyoming real estate licensee accused of the unauthorized practice of law (UPL) is a must-read for risk management. NAR ethics article 13 prohibits UPL. SC law makes UPL a felony crime. https://magazine.realtor/law-and-ethics/law/article/2018/10/can-you-change-that-contract [SC best practice: don't strike pre-printed SCR forms language...don't add phrases or sentences...without calling legal counsel and/or the SCR legal hotline. … Continue Reading Risk management – Changing standard forms – felony/lawsuit unauthorized practice of law
This article describes that the racial homeownership gap numbers represent future homebuyers and business opportunities in real estate. Education on the value of homeownership and fair housing can help bring huge and expanding numbers of home renters into the marketplace as homebuyers and investor opportunities. https://magazine.realtor/daily-news/2020/02/06/closing-the-racial-ownership-gap-is-it-possible?AdobeAnalytics=ed_rid%3D56072%26om_mid%3D2005%7CRealtorMagNews_2020_02_20%26om_nytpe%3DREALTOR%20MAG%20NEWS Posted by: Byron King on 2/20/20 (This information is… Continue Reading FAIR HOUSING is Good Business (NAR Article)
https://www.chubb.com/us-en/cyber-risk-management/ Posted by: Byron King on 2/20/20 (This information is only accurate as of 2/20/20. You must contact SCR for updates and changes to this information after 2/20/20 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org)
Chubb Insurance states that ransomware attacks are up 1,234% since 2016. Ransomeware: The cyber crooks lock your computer/cyber data until you pay the overseas cyber crooks. Payment is often required in difficult to trace cryptocurrency (e.g., Bitcoin). FBI uses education as a defense since the cyber crooks are almost always operating overseas in countries that… Continue Reading CYBER INSURANCE VERSUS CYBER CRIME