BICs may want to have their brokerage attorney draft a policy incorporating some of the below and other risk management ideas. SECTION 40-57-820. Work product. A licensee under this chapter is responsible for any and all work product produced by him or with the assistance of artificial intelligence, machine learning, or similar programs. A violation… Continue Reading Ai: Artificial Intelligence
From Lone Wolf: Member needs to type $0 into the SCR300 series contracts into Section #6 Transaction Costs "4)" when the buyer is not asking the seller for any monetary assistance (e.g., seller paid buyer's transaction costs): Spacebar click overrides the content input into a blank in the form. SPACEBAR click once and type "Zero"… Continue Reading Lone Wolf ZipForms Hack of the Day, Spacebar x1 or x2 for override
https://www.nar.realtor/fair-housing/fair-housing-month Posted by: Byron King on 4/7/26 (This information is only accurate as of 4/7/26. You must contact SCR for updates and changes to this information after 4/7/26, 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 April is Fair Housing Month
Should Brokers in Charge (BICs) have a copy of the deed of every property the company lists? While it is not a strict statutory requirement in South Carolina to keep a copy of the recorded deed on file for every listing, SCR recommends it as a best practice and a vital risk management tool for… Continue Reading Should Brokers in Charge (BICs) have a copy of the deed of every property the company lists?
Checking the deed and tax records and Forewarn can help deter fake seller scams (seller impersonation scams)? https://llr.sc.gov/re/RECPDF/FraudAlert/Fraud%20Techniques%20to%20Combat%20It.pdf https://llr.sc.gov/re/news/FakeSeller-VacantLots.pdf Checking the deed and tax records can help deter LLR SCREC prohibited "wholesaler" type transactions? https://llr.sc.gov/re/News/Wholesaling-Assignment-of-Contracts-Guidance.pdf Checking the deed can help determine if a SC attorney has already, or has not, appropriately merged a manufactured housing… Continue Reading Deed and Tax Record Check Benefits (Fake Seller Scam Deter, Wholesale, Manufactured Housing)
RESPA Real Estate Settlement Procedures Act https://www.nar.realtor/real-estate-settlement-procedures-act-respa RESPA is a federal law governing residential real estate settlement services and mortgage services. Implemented primarily by Regulation X, 12 CFR Part 1024 For REALTORS®, the biggest practical issue is Section 8 of RESPA, which prohibits kickbacks, referral fees (except Broker to Broker), and unearned fees primarily connected… Continue Reading RESPA Primer for REALTORS®
EPA provides this EPA supplemental addendum to all previous lead pamphlets before 2026 (e.g., use today until the pamphlet is updated in all the forms libraries): https://www.epa.gov/system/files/documents/2026-02/protectyourfamily_pamphletsupplement_2026_0.pdf EPA 2026 Pamphlet: https://www.epa.gov/system/files/documents/2026-02/protectyourfamily_pamphlet_2026_3.pdf EPA disclosure forms 2026: Sample Seller’s Disclosure of Information in English (PDF) and in Spanish (PDF). Sample Lessor's Disclosure of Information in English (PDF)… Continue Reading EPA Lead Hazards Documents News
Sample Seller’s Disclosure of Information in English (PDF) and in Spanish (PDF). Sample Lessor's Disclosure of Information in English (PDF) and in Spanish (PDF). https://screaltors.org/wp-content/uploads/Forms/315.pdf https://screaltors.org/wp-content/uploads/Forms/415.pdf Best practice is to have everyone properly executing one SCR315 for sales (or SCR415 for rentals) or at a minimum have these forms in your files as counterparts. When… Continue Reading 2026 EPA updates to SCR315 (lead disclosure sales) and SCR415 (lead disclosure rentals)
https://www.epa.gov/system/files/documents/2026-02/protectyourfamily_pamphletsupplement_2026_0.pdf Use with SCR316 which is used alongside SCR315. https://screaltors.org/wp-content/uploads/Forms/316.pdf https://screaltors.org/wp-content/uploads/Forms/315.pdf When using SCR315 strive to get everyone on one SCR315 or at a minimum everyone on counterparts SCR315's. Buyer agents can email the listing agent to remind them of their duties when concerned about the SCR315 requirements for alerting the seller who is paying… Continue Reading 2026 EPA lead hazard pamphlet supplement
Duration: 00:03:07 Shareable link: https://screaltors-org.zoom.us/rec/share/szCi9ibqx4EvGPjyP5J5OKEqIWfsSrtmkbxVxJgpOlseB4_J7qkNf_3EqiHjNBhI.lHrdN2n445TOG9n6 Passcode: &nw^9gT4 Posted by: Byron King on 4/2/26 (This information is only accurate as of 4/2/26. You must contact SCR for updates and changes to this information after 4/2/26, 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… Continue Reading SCR600 update video