Legal FAQs

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

https://www.nar.realtor/magazine/real-estate-news/veterans-affairs-signals-temporary-suspension-of-buyer-agent-payment-ban?lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&nwsltr=navnar&utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA Posted by: Byron King on 06/11/24 (This information is only accurate as of 06/11/24. You must contact SCR for updates and changes to this information after 06/11/24 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 NAR: Good News on VA Loans

https://www.southcarolinapublicradio.org/show/south-carolina-business-review/2024-06-06/will-sc-real-estate-commissions-be-dropping-soon Will SC real estate commissions be dropping soon? - South Carolina Public RadioSouth Carolina Public Radio Nick Kremydas, CEO of SC Realtors in Columbia, S.C.. You may have heard about the recent court case that is supposed to immediately lower real estate sales commissions. What is the potential effect on the real estate industry… Continue Reading SCR CEO on the Radio

2022 https://www.youtube.com/watch?v=JFE3-7m9vUY 2017 https://www.youtube.com/watch?v=6jfRoDx6N-Y Posted by: Byron King on 06/06/24 (This information is only accurate as of 06/06/24. You must contact SCR for updates and changes to this information after 06/06/24 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… Continue Reading 2022/2017 Royal Palm Coast’s AOR’s Mock Ethics Hearing Videos

https://www.nar.realtor/about-nar/policies/professional-standards-and-code-of-ethics/mediation-resources/mediation-demonstration-videos Settlement is often used to resolve issues. Mediation is organized settlement. Posted by: Byron King on 06/06/24 (This information is only accurate as of 06/06/24. You must contact SCR for updates and changes to this information after 06/06/24 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or… Continue Reading NAR’s Mock Mediation Videos

https://www.youtube.com/watch?v=X35KvdoHKC0 WARNING: EPA rules changes on RRP requires the property manager to have the remediation certification even if the contractor holds this certification when the property manager orders the remediation work. Posted by: Byron King on 06/06/24 (This information is only accurate as of 06/06/24. You must contact SCR for updates and changes to this… Continue Reading 2024 EPA Lead Audits, See 2023 EPA Lead Video

REALTOR® Party Mobile Alerts, Realtors advocacy texting platform, offers REALTOR® associations and REALTORS® a way to stay connected directly from their cell phone or tablet. When a national or state legislative call for action is launched, or an important advocacy update needs to be communicated, subscribers will receive a short text message with more information.… Continue Reading To Sign Up for REALTOR(R) Text Alerts: Text REALTORS to 30644

Talk to your attorney asap if EPA contacts you. Talk to the SCR legal hotline too. WARNING: RRP puts property managers under the lead remediation rules/certification even when hiring lead remediation rules/certified contractors to perform the work. Here are past articles on this issue: https://screaltors.org/?s=epa+rrp Posted by: Byron King on 06/05/24 (This information is only… Continue Reading ALERT: Reports are that EPA is Auditing Brokerages/PM on Lead Hazards, RRP

https://www.nar.realtor/magazine/real-estate-news/veterans-affairs-signals-temporary-suspension-of-buyer-agent-payment-ban Posted by: Byron King on 06/04/24 (This information is only accurate as of 06/04/24. You must contact SCR for updates and changes to this information after 06/04/24 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… Continue Reading NAR Settlement Info: VA Veterans Administration Loans, Hopeful Info

https://www.nar.realtor/videos/window-to-the-law-who-is-covered-and-who-needs-to-opt-in Posted by: Byron King on 06/04/24 (This information is only accurate as of 06/04/24. You must contact SCR for updates and changes to this information after 06/04/24 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… Continue Reading NAR Settlement Info Video on June 18, 2024 Deadline, Opt In, MLS, Most REALTORS(R) Covered by Settlement