Only the BIC is required to hold a business license. Associated licensees operate under their BIC's business license. Typically, a BIC will hold one or more business licenses for all jurisdictions where business is conducted in that year (e.g., a listing closes in Spartanburg, then a Spartanburg Business License and a listing closes in Greenville,… Continue Reading BICs, Are You Paying Too Much In Business License Fees/Taxes?
The Most Popular and Fastest Growing Metro Areas in '23 An analysis of data from July 2022 and July 2023 showed that the South maintained its position as the nation's fastest-growing region. By: Anat Nusinovich Powered by WPeMatico
Instant Reaction: Mortgage Rates, May 16, 2024 The 30-year fixed mortgage interest rate averaged 7.02% over the last week, remaining below the historical average of 7.74%. By: Jessica Lautz Mortgages & Home Financing Powered by WPeMatico
Instant Reaction: Housing Starts, May 16, 2024 Housing starts in April 2024 bounced back slightly with a monthly gain of 5.7% after a large 17% decline in March. By: Lawrence Yun Powered by WPeMatico
https://www.scstatehouse.gov/sess125_2023-2024/bills/881.htm Posted by: Byron King on 05/15/24 (This information is only accurate as of 05/15/24. You must contact SCR for updates and changes to this information after 05/15/24 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… Continue Reading General Assembly: Unfair Real Estate Service Agreements aka NTRAPS Bill
From NAR: These practice changes result in revisions to the MLS policy handbook which are summarized below. The revised policies will go into effect on August 17, 2024. A more detailed explanation of each practice change is available on facts.realtor. Our settlement requires NAR to implement the practice changes no later than the date of… Continue Reading NAR: MLS Upcoming 8/17/24 Update
How a Pop of Pastels Can Cheer Up a Home’s Interiors Create a warm, welcoming space by softening up the color palette. Staging, Design & Architecture, Design Trends Powered by WPeMatico
https://www.nar.realtor/advocacy/advocacy-scoop-podcast/what-has-nar-advocacy-done-for-me-lately-part-2 The Advocacy Scoop Podcast from NAR The National Association of REALTORS® is America’s largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of… Continue Reading NAR Advocacy Podcast – three podcasts posted, here is the latest as of 5/13/24
Code of ethics changes In addition to voting on membership dues, NAR’s board of directors also voted to amend Article 4 of the trade group’s code of ethics, in an attempt to clarify Realtors’ obligations when they have ownership interest in a property. As these changes pertain to the code of ethics, however, they will… Continue Reading Housing Wire on NAR Board’s Ethics Recommendation to the 11/24 NAR Delegate Body for 1/25 Update to the NAR COEAM
NAR Ethics Article #4: Realtors shall not acquire an interest in or buy or present offers from themselves, any member of their immediate families, their firms or any member thereof, or any entities in which they have any ownership interest, any real property without making their true position known to the owner or the owner’s… Continue Reading NAR PSC to NAR BOD 5/24 to NAR Delegate Body 11/24 for January 2025 Ethics Update