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 [...]
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) [...]
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 [...]
Instant Reaction: Jobs, April 5, 2024 The job market is strong, with 303,000 net payroll job additions in March; 39,000 net new jobs in construction means more housing supply is coming. By: Lawrence Yun Powered by WPeMatico
Instant Reaction: Mortgage Rates, April 4, 2024 Mortgage interest rates continue their now 17-week stay in the mid-6% range, with the current 30-year mortgage interest rate at 6.82%. By: Jessica Lautz Mortgages & Home Financing Powered by WPeMatico
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]