SCR News Feed

SCR310 Requires Signed + Initials + Dates + Deliver + Received + Awareness of Receiving

2018-05-01T09:07:17-05:00May 1st, 2018|Legal FAQs|

Keep in mind that the question about receipt of contract acceptance is going to be most important when parties have a contract dispute and hire lawyers and go to court. Example: One party is suing the other party for breaching the contract and the other party defends by arguing "I did not breach because we… Continue Reading SCR310 Requires Signed + Initials + Dates + Deliver + Received + Awareness of Receiving

License Law on Records (Storage/Time/Electronic/Copy/Backup)

2018-04-30T13:16:20-05:00April 30th, 2018|Legal FAQs|

(D)(1) A broker-in-charge or property manager-in-charge shall for a minimum of five years maintain and furnish to the commission upon request a written copy, when applicable, of a: (a) lease; (b) contract of sale and any addenda; (c) listing contract or buyer agency agreement; (d) transaction broker agreement; (e) option contract; (f) property management agreement;… Continue Reading License Law on Records (Storage/Time/Electronic/Copy/Backup)

Pending Home Sales Increase 0.4 Percent in March, Inventory Restraints Remain

2018-04-30T10:20:39-05:00April 30th, 2018|NAR|

The Pending Home Sales Index inched up 0.4 percent to 107.6 in March from a downwardly revised 107.2 in February. Even with last month’s increase in activity, the index declined year-over-year (3.0 percent) for the third straight month. Lawrence Yun, NAR chief economist, says that despite the strong job-creating economy, contract activity is not seeing an… Continue Reading Pending Home Sales Increase 0.4 Percent in March, Inventory Restraints Remain

Hot Home Trend: Stylish Cowhide

2018-04-30T02:00:38-05:00April 30th, 2018|NAR|

By Melissa Dittmann Tracey, REALTOR® Magazine From rustic to modern to even the most luxurious interiors, homeowners are sprucing up their spaces with cowhide. Cowhide rugs have seen one of the biggest jumps in Google searches on home design trends over the last decade, according to Digital Third Coast’s latest design trends study, based on… Continue Reading Hot Home Trend: Stylish Cowhide

Understand the Value of Social Listening

2018-04-27T19:32:01-05:00April 27th, 2018|NAR|

Erica Christoffer By Erica Christoffer Social media is likely a key part of your marketing and brand strategy. Many real estate professionals make it the crux of their lead generation, which is why social listening is so important. There’s a common misconception that social listening and social monitoring are the same thing, according to NetBase,… Continue Reading Understand the Value of Social Listening

What We’re Reading: April 23-27

2018-04-27T08:53:29-05:00April 27th, 2018|NAR|

Communication, design, leads, rentals, blockchain, and education. Elevate your communication game by avoiding the words on this list. We could get into this kind of team building and personal development. Finally, the snooze button migrates to more areas of life. Bob Bob/flickr/2010 These prefab designs keep getting cooler. You’d never know you were inside a… Continue Reading What We’re Reading: April 23-27

Instant Reaction: Q1 GDP

2018-04-27T08:20:10-05:00April 27th, 2018|NAR|

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on Q1 GDP: “The continuing economic expansion assures further job creations and household formations. However, the latest GDP growth rate (of 2.3%) is short of what is possible. Residential investment spending showed zero growth because single-family and condominium construction have not… Continue Reading Instant Reaction: Q1 GDP

March 2018 Existing-Home Sales

2018-04-26T11:25:28-05:00April 26th, 2018|NAR|

NAR released a summary of existing-home sales data showing that housing market activity this March increased 1.1 percent from last month but fell 1.2 percent from last year. March’s existing home sales reached 5.60 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $250,400 in March, up 5.8 percent… Continue Reading March 2018 Existing-Home Sales

Sellers Should Disclose ALL Owners’ Association Fees/charges/arrearages/assessments/etc. When Completing the LLR Seller Disclosure and HOA Addendum

2018-04-25T16:25:06-05:00April 25th, 2018|Legal FAQs|

***When using LLR seller disclosure forms, Sellers failing to accurately disclose all the owners association charges to the buyer will expose the sellers to a buyer lawsuit suing the sellers for the buyer's damages (aka the undisclosed owners association charges/fees/assessments/arrearages/etc.) AND THE BUYER'S ATTORNEY FEES (which could dwarf the charges).*** http://www.llr.state.sc.us/POL/REC/RECPDF/Residential%20Property%20Condition%20Disclosure%20Statement%20Addendum.pdf Here is the language… Continue Reading Sellers Should Disclose ALL Owners’ Association Fees/charges/arrearages/assessments/etc. When Completing the LLR Seller Disclosure and HOA Addendum

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