SCR News Feed

Smells

2018-05-09T09:51:08-05:00May 9th, 2018|Legal FAQs|

NC hog farm neighbors awarded $50 million for smells. http://www.newsobserver.com/news/business/article209927914.html SC seller disclosure asks about "atmosphere" problems/conditions/characteristics/defects in question #20 http://www.llr.state.sc.us/POL/REC/RECPDF/Property%20Condition%20Disclosure%20Statement.pdf Posted by : Byron King on 5/9/18 (This information is only accurate as of 5/9/18. You must contact SCR for updates and changes to this information after 5/9/18 as laws and regulations may change… Continue Reading Smells

SCR505 Buyer Sale Contingency Notice

2018-05-08T14:58:24-05:00May 8th, 2018|Legal FAQs|

Section 1: SCR505 is sent from the Seller side to the SCR504 Buyer when a subsequent buyer exists and Seller desires to put Buyer "on the clock" per the SCR504 timetable for a subsequent buyer who is not asking for a sale of buyer's property contingency (e.g. SCR504). https://screaltors.org/wp-content/uploads/Forms/505.pdf Once Buyer side receives a SCR505… Continue Reading SCR505 Buyer Sale Contingency Notice

SCR504 – Sale of Buyer’s Property Contingency

2018-05-08T14:41:07-05:00May 8th, 2018|Legal FAQs|

Page one of SCR310 Section 2 has checkboxes if the deal is contingent upon buyer selling other real property and if SCR504 is attached. SCR504 can be used when the buyer needs/desires to sell their real property before closing on the subject property. https://screaltors.org/wp-content/uploads/Forms/504.pdf Section 1: Describe the Buyer's other Property and Address on which… Continue Reading SCR504 – Sale of Buyer’s Property Contingency

Sponsor Webinar: Growing Your Business With a Real Estate CRM

2018-05-08T11:44:27-05:00May 8th, 2018|NAR|

Ixact Contact is a software company that offers CRM and email marketing products to real estate professionals. It’s hosting a webinar on Tuesday, May 22, at 2 p.m., Eastern time, on using its CRM product to grow your business. Shannon McGee, the company’s sales manager, is the speaker. From Ixact: Wondering exactly how a real… Continue Reading Sponsor Webinar: Growing Your Business With a Real Estate CRM

Opioid Crisis, Listings

2018-05-08T11:32:01-05:00May 8th, 2018|Legal FAQs|

Listing reps should alert sellers to secure all opioid drugs and painkillers and all prescription drugs at all times during the listing. All drugs, alcohol, chemicals, poisons, etc. should be safely stored. There are sometimes children with parents who are potential buyers viewing the property. Valuables, weapons, identity theft info, sentimental items, pilferable items should… Continue Reading Opioid Crisis, Listings

Earnest Money Disclosure Form SCR620

2018-05-08T09:36:36-05:00May 8th, 2018|Legal FAQs|

The SCR620 earnest money disclosure form is used to reinforce earnest money issues when BIC is holding earnest money in addition to SCR310 residential contract's earnest money section which states earnest money issues. SCR620 is useful to remind buyers and sellers that BIC held earnest money requires some legal formalities prior to disbursement. https://screaltors.org/wp-content/uploads/Forms/620.pdf LLR… Continue Reading Earnest Money Disclosure Form SCR620

What to expect at next week’s REALTORS® Legislative Meetings & Trade Expo

2018-05-08T08:00:53-05:00May 8th, 2018|NAR|

The start of NAR’s annual REALTORS® Legislative Meetings & Trade Expo in D.C. is less than a week away. More than 9,000 Realtors®  and guests will arrive in Washington, D.C. starting May 14 to hear from industry experts on the most important issues impacting the real estate industry. If you’re a member of the media and interested in registering, check… Continue Reading What to expect at next week’s REALTORS® Legislative Meetings & Trade Expo

More Properties Were Sold at or Above the List Price in March 2018

2018-05-08T07:23:18-05:00May 8th, 2018|NAR|

In a monthly survey of REALTORS®, the survey asks, “Compared to the original listing price, at how much of a net discount or net premium did the property sell?” According to a survey of REALTORS® who responded to the March 2018 REALTORS® Confidence Index Survey, 37 percent of properties that closed in February 2018 sold… Continue Reading More Properties Were Sold at or Above the List Price in March 2018

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