Lead Vendor Problems SCR has received complaints from members about the quality of leads and their lead generation vendors and their lead vendor agreements. Some suggestions from SCR and NAR to help avoid problems with vendors: 1. Do your due diligence on vendors. Research the company. Ask for references. Check out the references. Check with… Continue Reading Lead Generation Vendors and Agreements
Sellers typically have the best notice of all HOA issues (e.g. mailers, neighbors talk and complain and organize and social media, meetings, bills, see the issues, live the issues). Always get a seller HOA disclosure and seller disclosure in the contract and transaction. Because of the above, sellers typically have more knowledge of the property's… Continue Reading Inspecting HOA’s
NAR Wire Fraud Video SCR wire fraud warning form: https://screaltors.org/wp-content/uploads/Forms/610.pdf Educate Consumers, Lawyers, Lenders, Staff Avoid email wiring instructions Avoid clicking links and attachments in emails that are not verified Use good cyber security
By Melissa Dittmann Tracey, REALTOR® Magazine Framing a home in a glow of lights can show off your holiday spirit and your home this season. Depending on how much you commit too, you could become the talk of the town. But there’s that fine line between magical glow of holiday spirit and, well, the one… Continue Reading Holiday Lighting Tips for Safety and Style
Please see the federal website link with the dates of the typically occurring ten federal legal holidays: (NYD/MLK/Wash/Memor/Indep/Labor/Colum/Vets/Thx/Xmas) https://www.opm.gov/policy-data-oversight/snow-dismissal-procedures/federal-holidays/#url=2018 SCR310 residential contract when counting 24 hour periods for business days, do not count any hours on Saturdays, Sundays, or Federal Legal Holidays. Posted by: Byron King on 12/14/18 (This information is only accurate as of… Continue Reading Federal Legal Holidays (Typically Ten of Them)
Buyers are solely responsible to investigate all issues about their insurance needs pre-contract or at a minimum during their due diligence period so the buyer does not become obligated to buy a property when their insurance costs are on the high end of their budget or expensive repairs are required (e.g. old roof, +20, old… Continue Reading Insurance: Buyers Need to Investigate Pre-Contract or At Least During Due Diligence
SCR will post the new seller disclosure to the SCR forms library ASAP. EFFECTIVE 1/1/19: REVISED South Carolina Residential Property Condition Disclosure Statement South Carolina Residential Property Condition Disclosure Statement (Effective 1/1/19) (Revised 11/18) (pdf) Due to a 2018 legislative amendment to the South Carolina Residential Property Disclosure Act, amendments to the South Carolina Residential… Continue Reading New Seller disclosure
Ranked by views: SCR Contract (7/27/17) Forms Chair Liz Loadholt (5200+ views) https://www.youtube.com/watch?v=m0XktGXlwuw&t=31s SCR Contract SCR staff (5/2/13) (4000+ views) https://www.youtube.com/watch?v=WDDoGEK5ibk&t=1190s Seller Disclosure SCR staff (7/25/13) https://www.youtube.com/watch?v=JY8VIzZM1oo&t=909s SCR forms update SCR staff (12/20/16) https://www.youtube.com/watch?v=FLL8Feutzn4&t=682s SCR Forms (1/11/18) Forms Chair Liz Loadholt https://www.youtube.com/watch?v=v-w5xOjajsI&t=205s SCR Forms (7/21/16) SCR staff https://www.youtube.com/watch?v=LsDBPb1l_o8&t=85s SCR311 Due diligence (12/16/13) SCR staff https://www.youtube.com/watch?v=t7Z_zxrbR0Y&t=32s… Continue Reading Forms Webinars Ranked by Views
At the national level, housing affordability is down from last month and down from a year ago. Mortgage rates rose to 4.88 percent this October, up 18.7 percent compared to 4.11 percent a year ago. Housing affordability declined from a year ago in October moving the index down 9.7 percent from 162.7 to 146.9. The… Continue Reading October 2018 Housing Affordability Index
Buyers should never solely rely upon the seller disclosure and advertising materials regarding the property that the buyers are considering buying. Buyers should hire qualified expert inspectors for all issues that matter to the buyers. Often there is great uncertainty about how offsite properties and offsite conditions might change in the future. Buyers must understand… Continue Reading SCR310 Inspections: Buyers can Perform Off Site Conditions