SCR News Feed

Foreign Buyers Purchased $4.8 Billion in U.S. Commercial Real Estate in 2018

2019-04-17T12:12:08-05:00April 17th, 2019|NAR|

International clients are an important niche market for residential and commercial REALTORS® alike. In the latest 2019 Commercial Real Estate International Business Trends, NAR reported that foreign buyers purchased $4.8 billion of U.S. commercial real estate in 2018.[1] The median value for a buyer-side transaction was $600,000, while the median value for a seller-side transaction was $1… Continue Reading Foreign Buyers Purchased $4.8 Billion in U.S. Commercial Real Estate in 2018

Always Use the LLR Form (Real Estate Relationships, aka Agency Brochure)

2019-04-15T08:46:12-05:00April 15th, 2019|Legal FAQs|

Any consumer that you have substantive contact with: always explain and get this form SCR115 executed: https://screaltors.org/wp-content/uploads/Forms/115.pdf https://www.llr.sc.gov/pol/rec/recpdf/SC_Disclosure_of_Real_Estate_Brokerage_Relationships.pdf (29) "Substantive contact" means contact in which a discussion or dialogue between the consumer and the associated licensee moves from casual introductory talk to a meaningful conversation regarding the selling or buying motives or objectives of the… Continue Reading Always Use the LLR Form (Real Estate Relationships, aka Agency Brochure)

Staged to Sell: A Virtual Transformation

2019-04-15T02:00:40-05:00April 15th, 2019|NAR|

Photo Credit: VHT Studios / Chrissy Barrett The real estate professional: Cris Grayson, broker associate at Baird & Warner in Glen Ellyn, Ill. About the home: The five-bedroom home in Glen Ellyn, Ill., was built in 1975. The home has been meticulously maintained, and the homeowners had recently made some updates to the interior as well.… Continue Reading Staged to Sell: A Virtual Transformation

What We’re Reading: April 8-12

2019-04-12T07:57:20-05:00April 12th, 2019|NAR|

Preparing for tax time, dog-proofing your car, the benefits of a robo-garage, and much more, compiled by Anne-Marie Siudzinski, Senior Library Information Specialist. Tax time tips. Help pets by donating your old bedding to local animal shelters. Also, dog-proofing your car. Pollen haze or pollen bomb–let the sneezing begin. Matt Batchelor/flickr/2011 Locked out of your… Continue Reading What We’re Reading: April 8-12

Question #17 on Seller Disclosure, Always Yes

2019-04-10T15:41:13-05:00April 10th, 2019|Legal FAQs|

Question #17 on SC's Residential Property Condition Disclosure Statement (aka the seller's disclosure) asks about EASEMENTS such as access easements, conservation easements, utility easements, other easements; and along with questions about party walls, shared private driveways, private roads, mineral rights, encroachments onto the property, and encroachments onto neighboring properties. https://www.llr.sc.gov/POL/REC/RECPDF/Property%20Condition%20Disclosure%20Statement.pdf Properties have easements, especially utility… Continue Reading Question #17 on Seller Disclosure, Always Yes

REALTORS® Report Stronger Buyer Traffic as Affordability Improves

2019-04-09T11:35:25-05:00April 9th, 2019|NAR|

With mortgage rates on the decline and home prices appreciating at a slower pace, REALTORS® reported that homebuying traffic increased in February 2019 compared to one year ago, according to NAR’s February  2019 REALTORS® Confidence Index Survey.[1] The REALTORS® Buyer Traffic Index increased to 55 in February 2019 from 52 in January 2019. The REALTORS®… Continue Reading REALTORS® Report Stronger Buyer Traffic as Affordability Improves

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