SCR News Feed

Must Read If You Use Email

2018-04-24T10:12:14-05:00April 24th, 2018|Legal FAQs|

Be very careful of clicking any links or opening any attachments. You can put yourself in the predicament of paying organized criminals in bitcoin to get your computer working again. http://realtormag.realtor.org/daily-news/2018/04/10/two-ways-reduce-your-firm-s-liability-risk Posted by : Byron King on 4/24/18 (This information is only accurate as of 4/24/18. You must contact SCR for updates and changes to… Continue Reading Must Read If You Use Email

Instant Reaction: Q1 Homeownership Rate and S&P/Case-Shiller

2018-04-24T08:38:08-05:00April 24th, 2018|NAR|

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s S&P/Case-Shiller release on February home prices: “There is no let-up to rising home prices. The Case-Shiller Index and National Association of Realtors® median home price both show gains of roughly double the average wage growth. Even as the tightening job market is starting to boost… Continue Reading Instant Reaction: Q1 Homeownership Rate and S&P/Case-Shiller

REALTORS® Confidence Index Survey: March 2018 Highlights

2018-04-23T10:53:30-05:00April 23rd, 2018|NAR|

The REALTORS® Confidence Index (RCI) survey gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[1] This report presents key results about market transactions from March 2018. View and download the full report here. [2] Market Conditions and Expectations The REALTORS®… Continue Reading REALTORS® Confidence Index Survey: March 2018 Highlights

Existing Home Sales Grew Slightly in March; Supply Shortage Continues

2018-04-23T10:14:11-05:00April 23rd, 2018|NAR|

After two straight months of declines, existing home sales climbed 1.1 percent in March but it was a familiar story as low inventory and high prices kept sales activity to a level lower than a year ago, according to NAR. As NAR Chief Economist Lawrence Yun explained during this morning’s press conference, gains last month… Continue Reading Existing Home Sales Grew Slightly in March; Supply Shortage Continues

What We’re Reading: April 16-20

2018-04-20T09:08:18-05:00April 20th, 2018|NAR|

Property, technology, and bookbinding. Thinking about buying a second home? Consider one of these U.S. cities. How did we take aerial photographs before we had drones? We turned to these guys obviously. German Blanco/flickr/2010 Check out this chart showing how technology changed over the last 150 years. Can’t wrap your head around how a home… Continue Reading What We’re Reading: April 16-20

Membership Trademark Logo/Term REALTOR

2018-04-20T08:24:31-05:00April 20th, 2018|Legal FAQs|

In general, the NAR trademark can be used with a member's name. So if your name is Jane Smith and you are a member then using JSmith.realtor is acceptable. The usual misuse is using an adjective with the trademark term. Misuse: SouthCarolinaBestREALTOR https://www.nar.realtor/membership-marks-manual The Same Rules Apply to Use of the MARKS on the Internet… Continue Reading Membership Trademark Logo/Term REALTOR

One Idea to Avoid Earnest Money Disputes

2018-04-18T12:50:40-05:00April 18th, 2018|Legal FAQs|

Use SCR311 due diligence addendum and write in a number of business days for the due diligence period (e.g. 10 business days after the effective date). Using SCR310 residential contract, Section 5 Earnest Money state the earnest money amount shall be paid within a number of business days in excess of the due diligence period… Continue Reading One Idea to Avoid Earnest Money Disputes

Behave in Listings! Or Else! Buyers/Tenants/REALTORS(R)/Sellers/Landlords/Inspectors

2018-04-18T12:42:52-05:00April 18th, 2018|Legal FAQs|

Here is the typical legal hotline response to surveillance in listings (cameras and microphones). First, this issue is not settled in statute nor case law. So, proper disclosure of surveillance (audio/visual) is a way to help manage risk and help avoid becoming the test case. SCR posts a sign that premises are under visual/camera surveillance.… Continue Reading Behave in Listings! Or Else! Buyers/Tenants/REALTORS(R)/Sellers/Landlords/Inspectors

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