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[Separate from the below South Carolina licensing requirements for CE hours:  REALTOR® Membership may require additional annual hours of education for local membership (contact your local association to determine if there is a local education requirement) and your national membership requires triennially 2.5 hours of ethics training and 2 hours of fair housing training which depending on the… Continue Reading CE Continuing Education 10 Hours (biennial), LLR SCREC, background checks (third renewal)

Properly use the LLR offer rejection form (SCR314). The offer rejection form is not dead. The offer rejection form is now stronger than last year. There is a time limit now (e.g., within 48 hours of rejection). Call the hotline if your sellers are incommunicado and you fear missing this deadline. Properly communicating with the… Continue Reading Fake News: The LLR Offer Rejection Form SCR314 is Not Dead! Use SCR314 Properly.

https://www.e-verify.gov/ SCR has received reports of LLR conducting E-Verify Audits. If you hire employees, learn the federal e-verify requirements and or consult with your staffing agency about e-verify compliance for you. This information is only accurate as of 4/8/25. You must contact SCR for updates and changes to this information after 4/8/25 as laws and… Continue Reading If You Hire Employees, Learn Federal E-Verify

This SCR professionalism video was recently posted to the SC REALTORS® Youtube Channel: https://www.youtube.com/watch?v=sAujttypBSs Please watch to learn what other REALTORS® may be doing unethically and how you can report them to SCR. Presenters: REALTOR® Mark Davis-Cote and REALTOR® James Akers (2025 SCR Professional Standards Chair and Vice Chair respectively) along with the SCR attorneys… Continue Reading Professionalism – What Other People May Be Doing Unethically?

1. Can a delayed marketing exempt listing be shown to potential buyers during the delayed marketing period? Yes, MLS Participants and Subscribers may arrange showings and tours of the property subject to the seller’s instructions. 2. Who is responsible for developing the seller disclosures required for both office exclusive and delayed marketing exempt listings? MLSs… Continue Reading NAR Legal: 3/27/25 Releases More FAQs and the New MLS Rules, CCP

https://www.nar.realtor/the-facts This information is only accurate as of 3/25/25. You must contact SCR for updates and changes to this information after 3/25/25 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 NAR Posts FAQs on the CCP MLS Updates Announced Today

South Carolina Association of REALTORS® (SCR) Forms Policy Permitted users of SCR’s standard forms SCR standard forms should only be used by REALTOR® members of the South Carolina Association of Realtors®. Revisions to format/pre-printed language of a standard form by user Revisions to the format or pre-printed content of any standard forms are prohibited. Permitted… Continue Reading SCR Forms Policy 3/25/25

NAR Introduces New MLS Policy to Expand Choice for Consumers Today we are announcing the results of the National Association of REALTORS®’ thorough assessment of the Clear Cooperation Policy (“CCP”) and options to enhance consumers’ flexibility and choice in the marketing of their properties. After many months of analysis and deliberation across the industry—including MLS… Continue Reading NAR Legal: News on MLS CCP Clear Cooperation Policy Updates Coming Soon

https://www.fincen.gov/news/news-releases/fincen-removes-beneficial-ownership-reporting-requirements-us-companies-and-us Only foreign companies have to file. The rule does not apply to any US companies or any US persons. You can read full press release from the US Treasury here: https://www.fincen.gov/news/news-releases/fincen-removes-beneficial-ownership-reporting-requirements-us-companies-and-us This information is only accurate as of 3/24/25. You must contact SCR for updates and changes to this information after 3/24/25 as laws… Continue Reading FinCEN BOI News for 3/24/25 – The Rule Does Not Apply to USA Companies Nor USA CItizens

(H) If trust funds are held outside a licensee's brokerage firm, the licensee remains obligated to ensure that the trust funds are timely and properly delivered to the trust fund agent as stated in the contract. Properly check on earnest money, security deposits, trust funds, etc, are timely and properly delivered (e.g., law firm, lawyer,… Continue Reading ​ ​ ​(H) If trust funds are held outside a licensee’s brokerage firm, the licensee remains obligated to en sure that the trust funds are timely and properly delivered to the trust fund agent as stated in the contract.