Dear REALTORS®, Last night, you should have received a blast email from the staff at the SC Real Estate Commission with this subject line: Commission's Guidance -Recent Settlement and South Carolina Law This email was not approved by the Commissioners, specifically this sentence: "Additionally, this form also satisfies the requirements of Paragraph 58, subsection (vi)… Continue Reading URGENT LLR SCREC News
Initial reports are that the LLR email sent overnight on 10/24/24 may have been sent to all the licensees by mistake by a LLR staff person? Reports are that the LLR SCREC commissioners did not approve this email. SCR plans to broadcast information on this LLR mistake email today. Reports are that the LLR SCREC… Continue Reading LLR overnight email sent on 10/24/24, mistakenly sent by LLR staff?
Top (Ten) Hotlines September 2024 #1 Forms! State laws Other License laws Advertising Settlement Ethics/Arbitration/Professionalism Due diligence Disclosure Agency Earnest money Property management MLS Multiple offers, escalator clauses Mediation Thanks to the SCR CFO Alan Leichtle for compiling the legal hotline statistics for the SCR MBR! This information is only accurate as of 10/23/24. You… Continue Reading Top (Ten) Hotlines September 2024
NAR's recent article on vouchers posted this week: https://narfocus.com/publication-issue/view/2024-10-14-fair-housing-housing-choice-vouchers-formerly-section-8-and-soi This information is only accurate as of 10/16/24. You must contact SCR for updates and changes to this information after 10/16/24 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… Continue Reading NAR 10/16/24 Article on Vouchers, Fair Housing Concerns
NAR recent article on vouchers posted this week: https://narfocus.com/publication-issue/view/2024-10-14-fair-housing-housing-choice-vouchers-formerly-section-8-and-soi This information is only accurate as of 10/16/24. You must contact SCR for updates and changes to this information after 10/16/24 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… Continue Reading NAR 10/14/16 article on Vouchers, Fair Housing considerations
From Tiara Pitts, Esq. SCR Director of Fair Housing Policy: What is a section 8 voucher? In South Carolina, the Section 8 Housing Choice Voucher Program is a federal program that assists low-income families, the elderly, and disabled individuals by providing rental assistance. This voucher covers a portion of the rent, which is paid directly… Continue Reading Housing Vouchers, Fair Housing Issues: Tiara Pitts, Esq SCR Dir Fair Housing Policy
https://www.journalofaccountancy.com/issues/2024/oct/10-tips-to-help-avoid-wire-fraud-scams.html?utm_source=mnl:au&utm_medium=email&utm_campaign=11Oct2024 This information is only accurate as of 10/11/24. You must contact SCR for updates and changes to this information after 10/11/24 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 information is intended only to provide… Continue Reading Accountants vs. Scams
https://www.nar.realtor/magazine/real-estate-news/web-domain-listing-scam-is-targeting-nar-members?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&utm_campaign=34FB1440-92D5-42F6-A71E-28B6B1CB1AB4&nwsltr=navnar&utm_content=89B51D1E-135F-4D7E-837B-6E0E283417FA This information is only accurate as of 10/08/24. You must contact SCR for updates and changes to this information after 10/08/24 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 Warns of Domain Scam Targeting Members
https://www.nar.realtor/magazine/real-estate-news/sales-and-marketing/how-can-two-appraisers-value-the-same-property-differently This information is only accurate as of 10/08/24. You must contact SCR for updates and changes to this information after 10/08/24 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 REALTOR Magazine: How Can Appraisers Arrive at Different Values?
https://www.nar.realtor/legal-case-summaries/texas-court-enforces-broker-agent-oral-agreement-to-split-agency-commissions This information is only accurate as of 10/08/24. You must contact SCR for updates and changes to this information after 10/08/24 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: Texas Law Allows Oral Compensation Agreements Internal to Brokerage