Legal FAQs

SCR Town Hall and other Presentations on Forms Updates, MLS Rules Changes, Settlement Issues, NAR Ethics, New SC License Laws, FAQs: https://screaltors.org/nar-lawsuit-settlement-scr-faqs-and-resources/ NAR Settlement and MLS Rules Changes FAQs https://www.nar.realtor/the-facts SCR Youtube Training Videos https://www.youtube.com/user/SCREALTORS SCR Courses https://myemail-api.constantcontact.com/Register-now-for-SCR-s-FREE-Summer-Education-Series.html?soid=1011030264215&aid=Lupk9epP4ZU&fbclid=IwZXh0bgNhZW0CMTAAAR27ReYN9t4wdpr6S0FyaXIlD4jGhw-idZyrpL-yOijkX6K8E702MMOzlss_aem_qZxCDC9iYgry9H0z-RbdMw NAR Courses https://www.nar.realtor/education/designations-and-certifications/accredited-buyers-representative-abr/free-in-2024 Accredited Buyer’s Representative (ABR®) Designation | Live Interactive Webinar | No Cost for Members… Continue Reading Settlement and MLS Rules Changes and Forms Changes and Town Hall Follow Up Information, FAQs, Videos, ABR, RENE, SRS, BA Training

Educational Resources Presentation 6.24.24_FINAL.pptx This information is only accurate as of 06/26/24. You must contact SCR for updates and changes to this information after 06/26/24 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… Continue Reading NAR Settlement and Practice Presentation

https://committee.screaltors.org/ This information is only accurate as of 06/25/24. You must contact SCR for updates and changes to this information after 06/25/24 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… Continue Reading Sign Up ASAP for the 2025 Committees

https://myemail-api.constantcontact.com/Register-now-for-SCR-s-FREE-Summer-Education-Series.html?soid=1011030264215&aid=Lupk9epP4ZU&fbclid=IwZXh0bgNhZW0CMTAAAR27ReYN9t4wdpr6S0FyaXIlD4jGhw-idZyrpL-yOijkX6K8E702MMOzlss_aem_qZxCDC9iYgry9H0z-RbdMw information is only accurate as of 06/25/24. You must contact SCR for updates and changes to this information after 06/25/24 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 general… Continue Reading Education, Prepare for the Future of Real Estate, No Additional Costs for SCR Members

Accredited Buyer’s Representative (ABR®) Designation | Live Interactive Webinar | No Cost for Members Thank you for your interest in the Accredited Buyer’s Representative (ABR®) Designation course. If you are interested in the self-paced course at no cost, please click here. The following live interactive webinars are available. July 1st and 2nd with Brent Lancaster… Continue Reading NAR ABR July August September October November December

https://learning.realtor/diweb/start 20% Off GREEN Designation Courses Learn More 20% Off PSA Certification Course Learn More Quick Links Center for REALTOR® Development Podcast Discover additional CRD educational offerings Become a Course Referral Participant Accredited Buyer’s Representative (ABR®) Designation | Live Interactive Webinar | No Cost for Members Thank you for your interest in the Accredited Buyer’s… Continue Reading NAR ABR

https://www.scstatehouse.gov/sess125_2023-2024/prever/881_20231130.htm Consumers impacted should contact their attorney asap. S.881 , Prohibition of unfair service agreements, was signed into law on May 20, 2024. This legislation prohibits the recording of unfair service agreements (long term listing agreements) and deems them unfair if they meet certain criteria (like running with the property or creating a lien or… Continue Reading NTRAPS, Unfair Service Agreements, Multiple Years Long Marketing/Listing Agreements, Regulated in 2024

New appraisal statute for the appraisers was updated in 2024: https://www.scstatehouse.gov/code/t40c060.php#40-60-30 SECTION 1.Section 40-60-30(1) of the S.C. Code is amended to read: (1) A real estate licensee licensed in accordance with Chapter 57, Title 40 who performs a market analysis or gives an opinion as to the price of real estate on the condition that… Continue Reading Put This Language in Your BPO CMA RPR

https://www.benefits.va.gov/HOMELOANS/documents/circulars/26-24-14.pdf Posted by: Byron King on 06/17/24 (This information is only accurate as of 06/17/24. You must contact SCR for updates and changes to this information after 06/17/24 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… Continue Reading VA Circular or Rules Variance

Post Settlement MLS Rules Changes will remove the OFFER of compensation from MLS. Recall that MLS is a CONTRACT between participants. Recall from your real estate schooling that a CONTRACT results from an OFFER and an ACCEPTANCE and CONSIDERATION. Therefore, the OFFER of compensation in MLS becomes a mere COMMUNICATION or ADVERTISEMENT of compensation, but… Continue Reading NAR: Advertising Compensation, Seller Concessions Post Settlement MLS Rules Changes Coming in August