SCR News Feed

Top Ten Hotlines January 2024

2024-02-23T12:58:36-05:00February 23rd, 2024|Legal FAQs|

1. State law 2. Forms 3. Other, various legal topics/issues 4. License law 5. Advertising 6. Ethics 7. Disclosure 8. Compensation 9. Agency 10.Due diligence Earnest money Ethics complaints BIC office management Property Management Arbitration Mediation Appraisal Fair Housing MLS Federal law Multiple offers, escalation clauses Posted by: Byron King on 02/23/24 (This information is [...]

Not all Mortgages are Assumable

2024-02-23T11:43:22-05:00February 23rd, 2024|Legal FAQs|

WARNING: Not all mortgages are assumable. WARNING: Most mortgages are likely not assumable. WARNING: Many mortgages contain "due on sale" clauses that prevent assumption and can make the entire mortgage due and payable at closing. This could be financially harmful to a party or parties if this occurs. Financial harm can lead to you being [...]

NAR Magazine on Ai in Advertising

2024-02-20T16:33:40-05:00February 20th, 2024|Legal FAQs|

https://www.nar.realtor/blogs/emerging-technology/how-generative-ai-can-transform-your-real-estate-images?utm_term=A535F674-1FE5-4DE7-86BF-2B71C40DD9BA&lrh=f3d3398596de554c8ce28d0171fc77ec79f4cbe447d90ba1a9b8eade908d8477&utm_campaign=3BFA9068-DFBC-477B-BC94-C168B9A999F1&nwsltr=navnar&utm_content=E3734CE8-8C50-4CD1-923A-F9CCBAAC4D70 Some risk management thoughts are to always have the real photo next to the labeled/watermarked "Ai, photo edited/staged" photo next to it. Posted by: Byron King on 02/20/24 (This information is only accurate as of 02/20/24. You must contact SCR for updates and changes to this information after 02/20/24 as laws and regulations may [...]

Hot Home Trend: Colorful Appliances

2024-02-20T10:10:16-05:00February 20th, 2024|NAR|

Hot Home Trend: Colorful Appliances It’s another way to spice up an all-white kitchen without paint. By:  Melissa Dittmann Tracey Design & Architecture, Design Trends, Kitchen & Bath Powered by WPeMatico

NAR On Updates to the Independent Contractor Status by Feds

2024-02-20T09:27:49-05:00February 20th, 2024|Legal FAQs|

https://www.nar.realtor/magazine/real-estate-news/law-and-ethics/how-brokers-can-preserve-independent-contractor-status https://www.nar.realtor/videos/window-to-the-law/independent-contractor-status-update Posted by: Byron King on 02/20/24 (This information is only accurate as of 02/20/24. You must contact SCR for updates and changes to this information after 02/20/24 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. [...]

NAR on Harassment

2024-02-20T09:22:01-05:00February 20th, 2024|Legal FAQs|

https://www.nar.realtor/ae/aexperience/its-about-respect Posted by: Byron King on 02/20/24 (This information is only accurate as of 02/20/24. You must contact SCR for updates and changes to this information after 02/20/24 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 [...]

Specific Performance Ordered in Residential Deal (Wyoming)

2024-02-20T09:19:35-05:00February 20th, 2024|Legal FAQs|

https://www.nar.realtor/legal-case-summaries/court-requires-completion-of-sale-after-attempted-void-of-purchase-agreement Posted by: Byron King on 02/20/24 (This information is only accurate as of 02/20/24. You must contact SCR for updates and changes to this information after 02/20/24 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 [...]

Kitchen Trends to Watch for in 2024

2024-02-14T11:26:35-05:00February 14th, 2024|NAR|

Kitchen Trends to Watch for in 2024 Here’s what’s cooking in the most important space of the home. By:  Melissa Dittmann Tracey Design & Architecture, Design Trends, Kitchen & Bath Powered by WPeMatico

2.5 Hours Ethics By December 31, 2024 for All Members

2024-02-12T15:27:15-05:00February 12th, 2024|Legal FAQs|

NAR has online free hours and CE hours. https://www.nar.realtor/about-nar/governing-documents/code-of-ethics/code-of-ethics-training NAR's Board of Directors approved a change to the Code of Ethics training requirement, extending it from every two years to every three years. This extends the current cycle deadline from March 1, 2022, to Dec. 31, 2024. REALTORS® are required to complete ethics training of [...]

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