Legal FAQs

NAR on the unauthorized practice of law and risk management: https://www.nar.realtor/videos/window-to-the-law/avoiding-unauthorized-practice-law The South Carolina Supreme Court decides what is the practice of law and what is the unauthorized practice of law in South Carolina. In the past, the South Carolina Supreme Court has stated that the closing of real estate deals is the practice of… Continue Reading SC Felony Crime: Unauthorized Practice of Law. (NAR Window to the Law)

More telemarketing lawsuits ensnare agents, brokerages The FCC is stepping up enforcement of the Telephone Consumer Protection Act and the National Do Not Call Registry. Some real estate pros are being accused of unlawfully using telemarketing calls and texts for promotional purposes. Here's how to stay out of legal trouble. Full Story: REALTOR® Magazine (4/9)… Continue Reading NAR Magazine: Comply with Do Not Call Laws Before Calling (Similar Text and Email Issues)

SETTLEMENT ANSWERS What were the key factors that influenced NAR's decision to choose the legal path it did to settle seller litigation? NAR explored settling throughout the litigation and carefully considered the other legal options available. These included: Appealing: A win on appeal would only have addressed the verdict in the Sitzer-Burnett case (not any… Continue Reading REALTOR(R) Magazine on Settlement

Suppose someone (e.g., your past real estate client, your current real estate client, perhaps your future real estate client, a consumer, a friend, a relative, a colleague) contacts you and mentions a class action lawsuit postcard. In that case, you may want to be familiar with the NAR and SCR provided information so that you… Continue Reading Your Sphere of Influence, Lawsuit Postcards

https://www.nar.realtor/the-facts?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=1909012B-4E20-402F-8FAA-1D8E1C3EDC9D The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and… Continue Reading NAR Settlement FAQs

https://www.sled.sc.gov/forms/regulatory/Constitutional%20Carry%20Guidance.pdf REALTORS® may want to include potential weapons issues in their brokerage policies and representation agreements (e.g., agency, transaction brokerage non-agency, seller, buyer, landlord, tenant). For listings with showings even with buyer's agents, sellers should properly secure (e.g., offsite, inaccessible, vault/safe/ locked) all weapons, valuables, identity information, pilfer-ables, medicines/drugs, dangerous/offensive items, personal items, sentimental items,… Continue Reading SLED on Constitutional Carry

https://www.nar.realtor/magazine/broker-news/network/help-agents-explain-the-importance-of-written-buyer-agreements?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=2813DEBB-3864-4A8C-A789-2B78ED6B1F73 The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and… Continue Reading REALTOR Magazine on Buyer Side/Agency/TB Explaining Your Value and Your Written Agreements

SETTLEMENT ANSWERS 'We're still going to be able to serve the consumer' Tune into an episode of NAR's "Real Estate Today" podcast to hear from NAR President Kevin Sears on the settlement agreement and what it means for the association, its members and the industry. The episode is live at facts.realtor. How do I know… Continue Reading REALTOR Magazine Settlement Articles

The settlement is anticipated to possibly allow MLS to create a seller concessions field contingent that the money is not solely for the buyer agency nor conditioned on the same. So, the SCR310 seller paid buyer's transaction costs contain a long list of buyer's transaction costs and so that should comply. Also, the SCR310 seller… Continue Reading Seller Concessions aka SCR310 Contract’s Seller Paid Buyer’s Transaction Costs

Throughout 2024, NAR is making the popular Accredited Buyer’s Representative (ABR®) designation course, typically $295, available to REALTORS® at no cost. Take the first step toward earning your ABR® designation at become.abr.realtor. NAR members can continue to access the latest information and FAQs about the settlement on facts.realtor. NAR will also continue to provide updates… Continue Reading NAR Offering ABR Online without the $295 Fee to Help Members, NAR Lawsuit Info