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Protect Data and Disclose Data Breach ASAP Or Be Sued

2018-04-24T10:23:47-05:00April 24th, 2018|Legal FAQs|

SECTION 39-1-90. Breach of security of business data; notification; definitions; penalties; exception as to certain banks and financial institutions; notice to Consumer Protection Division. (A) A person conducting business in this State, and owning or licensing computerized data or other data that includes personal identifying information, shall disclose a breach of the security of the… Continue Reading Protect Data and Disclose Data Breach ASAP Or Be Sued

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

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