SCR News Feed

NAR Updating their ABR Course in Early September

2024-09-04T15:55:26-05:00September 4th, 2024|Legal FAQs|

Thank you again for enrolling in the ABR® course and your dedication to advancing your skills during this pivotal time in our industry. We’re writing to inform you of an important update regarding your ABR® course. As of August, the course and materials have been thoroughly updated to reflect the real estate industry's imperatives and… Continue Reading NAR Updating their ABR Course in Early September

NAR Buyer Agreements 101

2024-09-04T12:50:37-05:00September 4th, 2024|Legal FAQs|

NAR Buyer Agreements 101 https://www.nar.realtor/the-facts/written-buyer-agreements-101 This information is only accurate as of 09/04/24. You must contact SCR for updates and changes to this information after 09/04/24 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 information is… Continue Reading NAR Buyer Agreements 101

NAR Information: 27 States with Buyer Agency Agreements (August 2024)

2024-09-04T12:43:31-05:00September 4th, 2024|Legal FAQs|

NAR information: NAR has long promoted written buyer agreements because they benefit consumers by clearly and transparently outlining the services a real estate professional will provide and how they are compensated. Currently, 27 states have enacted laws on written buyer agreements, with a significant number of these states passing legislation related to buyer agreements in… Continue Reading NAR Information: 27 States with Buyer Agency Agreements (August 2024)

NAR Updated Buyer Agency States Count at 27

2024-09-04T12:40:53-05:00September 4th, 2024|Legal FAQs|

Per NAR in August 2024: NAR has long promoted written buyer agreements because they benefit consumers by clearly and transparently outlining the services a real estate professional will provide and how they are compensated. Currently, 27 states have enacted laws on written buyer agreements, with a significant number of these states passing legislation related to… Continue Reading NAR Updated Buyer Agency States Count at 27

NAR New Member Watch Video List

2024-09-04T12:31:44-05:00September 4th, 2024|Legal FAQs|

https://www.nar.realtor/legal/new-member-must-watch-list This information is only accurate as of 09/04/24. You must contact SCR for updates and changes to this information after 09/04/24 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 information is intended only to provide… Continue Reading NAR New Member Watch Video List

SCR120 Compensation Agreement Helpful Hints

2024-08-26T10:32:25-05:00August 26th, 2024|Legal FAQs|

A top hotline under the new MLS rules is the compensation agreement and how a BB can get paid under the SCR120 Compensation Agreement. SCR120 is the current SCR compensation agreement. Definitions for this article: BB = Buyer Brokerage (agency/client or non-agency/customer/transaction-brokerage) B = Buyer *The Buyer paying their BB (e.g., SCR130/135/136/138) is the simplest… Continue Reading SCR120 Compensation Agreement Helpful Hints

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