REALTORS® Confidence Index Survey: July 2019 HighlightsEighty percent of respondents reported that home prices remained constant or rose in July 2019 compared to levels one year ago.August 23, 2019By: Karen Belita Powered by WPeMatico
SCR recommends using the current LLR "seller disclosure" form because the current LLR form provides sellers and REALTORS® with very good liability shielding per state law. That state law was upheld by the SC Court of Appeals when challenged. So currently, lower courts must provide the liability shield. The current LLR form has 10 sections… Continue Reading Why Use the “Seller Disclosure” even for Land Deals (SCR230)?
July 2019 Existing-Home Sales Housing market activity this July rose 2.5% from June 2019, and the existing-home sales rate reached a 5.42 million seasonally adjusted annual rate.August 22, 2019By: Michael Hyman Powered by WPeMatico
Homeownership and the American Economy The U.S. Black homeownership rate today is lower than it was in 1968 when the Fair Housing Act, part of the Civil Rights Act, was signed into law.August 22, 2019 Powered by WPeMatico
Now includes access to a suite of employment risk-management resources and tools, including live online and telephone access to expert legal advice. Learn more about EPL Assist™ and how to access it here. Posted by: Byron King on 08/22/19 (This information is only accurate as of 08/22/19. You must contact SCR for updates and changes… Continue Reading Legal Hotline, Employment Law, Employees, Insurance
There is no easy way to find out the past flood/disaster claims. 8/15/19 NAR rep Drew Meyers stated that FEMA privacy prevents release. NAR is working on solving that issue. There have been suggestions on adding FEMA type claims to the LLR state government seller disclosure. Here are some suggestions: Always use the seller disclosure.… Continue Reading Prior to Contract or During Due Diligence: Ask about flood/disaster issues/claims.
HOA's have pro's and con's. Pro's: some owners like the HOA protects the quality of life in the area with rules, management, costs, and human relations. Con's: some owners perceive the rules, management, costs, and human relations as burdensome, overbearing, incompetent, criminal, or undesirable. SCR recommendations: Alert all buyers to the existence of private owners… Continue Reading HOA’s – use LAWYERS! SCR311 SCR391 and Seller Disclosure
By Rob Reuter Does your network have what it takes to be recognized as one of the 2019 Networks of the Year? We are accepting applications through Aug. 31, 2019, and the winners will be announced during the YPN networking reception at Verso on Friday, Nov. 8, 2019, during the 2019 REALTORS® Conference & Expo… Continue Reading Now Accepting Applications for the 2019 Network of the Year Awards
June 2019: Existing-Home Sales Over 10 Years Comparing June of 2009 to June 2019, the median price of a home increased in the US and all the four regions.August 16, 2019By: Michael Hyman Powered by WPeMatico
By Rebecca Donatelli The truth is, I had never heard about RPAC before last year. While I was attending the National Association of REALTORS® YPN Leadership Retreat in Chicago last year, a bunch of strangers (now some of my best friends) started talking about this thing called RPAC, and urging YPNers to take the “YPN… Continue Reading RPAC: Why I Went From Zero to President’s Circle in One Year