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Florence Realtor® Keon Aldrich named SC REALTORS® first black president of association

By |2024-12-09T12:01:18-05:00December 9th, 2024|Press|

FOR IMMEDIATE RELEASE COLUMBIA, SC - (December 9, 2024) Florence Realtor® and broker of Pee Dee Elite Realty, Keon Aldrich, has been named 2025 president of South Carolina REALTORS® (SCR). The historic nomination marks the first time a black Realtor® will hold the position in the association’s 81-year history. “It's an absolutely incredible and special… Continue Reading Florence Realtor® Keon Aldrich named SC REALTORS® first black president of association

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FinCEN Update: NAR, Court Hold, Beware Paid Registration, US Govt Filing Site is Free

By |2024-12-04T16:29:34-05:00December 4th, 2024|Legal FAQs|

Beware paid sites for FinCEN. Hotline is hearing of $300+ charges for filing. The government's filing website is free: https://fincen.gov/boi NAR has a webinar on December 10. https://www.nar.realtor/washington-report/real-estate-compliance-webinar-on-the-fincen-beneficial-ownership-rule A court just put a hold that NAR will discuss December 10 or sooner: https://www.maynardnexsen.com/publication-texas-district-court-issues-injunction-blocking-beneficial-ownership-information-reporting-requirements-under-the-corporate-transparency-act This information is only accurate as of 12/03/24. You must contact SCR… Continue Reading FinCEN Update: NAR, Court Hold, Beware Paid Registration, US Govt Filing Site is Free

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EV Charging Stations Article

By |2024-11-25T09:19:06-05:00November 25th, 2024|Legal FAQs|

https://www.hklaw.com/en/insights/publications/2024/11/take-charge-considerations-when-installing-ev-charging-stations This information is only accurate as of 11/25/24. You must contact SCR for updates and changes to this information after 11/25/24 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 information is intended only to provide… Continue Reading EV Charging Stations Article

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NAR on Free FINCEN BOI Registration

By |2024-11-18T11:47:22-05:00November 18th, 2024|Legal FAQs|

Per NAR: The cost of the filing is free through FinCEN, and the process to file is pretty simple. FinCEN has several resources to assist with compliance and it is best for companies to engage directly with FinCEN and to find information at https://fincen.gov/boi, and to complete the filing documentation and information here: https://boiefiling.fincen.gov. Here… Continue Reading NAR on Free FINCEN BOI Registration

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NAR Legal on Creating an Ai Policy

By |2024-10-30T15:42:41-05:00October 30th, 2024|Legal FAQs|

https://www.nar.realtor/ae/aexperience/crafting-an-ai-use-policy This information is only accurate as of 10/30/24. You must contact SCR for updates and changes to this information after 10/30/24 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 information is intended only to provide… Continue Reading NAR Legal on Creating an Ai Policy

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Hearing Panel Etiquette from NAR (Ethics, Arbitration)

By |2024-10-28T08:07:32-05:00October 28th, 2024|Legal FAQs|

https://www.nar.realtor/about-nar/policies/professional-standards-and-code-of-ethics/hearing-panelists-roles-preparation-and-etiquette This information is only accurate as of 10/28/24. You must contact SCR for updates and changes to this information after 10/28/24 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 information is intended only to provide… Continue Reading Hearing Panel Etiquette from NAR (Ethics, Arbitration)

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NAR 10/14/16 article on Vouchers, Fair Housing considerations

By |2024-10-16T09:18:13-05:00October 16th, 2024|Legal FAQs|

NAR recent article on vouchers posted this week: https://narfocus.com/publication-issue/view/2024-10-14-fair-housing-housing-choice-vouchers-formerly-section-8-and-soi This information is only accurate as of 10/16/24. You must contact SCR for updates and changes to this information after 10/16/24 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… Continue Reading NAR 10/14/16 article on Vouchers, Fair Housing considerations

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NAR: Texas Law Allows Oral Compensation Agreements Internal to Brokerage

By |2024-10-08T09:30:02-05:00October 8th, 2024|Legal FAQs|

https://www.nar.realtor/legal-case-summaries/texas-court-enforces-broker-agent-oral-agreement-to-split-agency-commissions This information is only accurate as of 10/08/24. You must contact SCR for updates and changes to this information after 10/08/24 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 information is intended only to provide… Continue Reading NAR: Texas Law Allows Oral Compensation Agreements Internal to Brokerage

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NAR Legal: Never Filter Listings for Compensation EVEN IF the Buyer Directs You To

By |2024-10-08T09:24:11-05:00October 8th, 2024|Legal FAQs|

NAR Legal: Never Filter Listings for Compensation EVEN IF your Buyer directs you to do so in the presentation of properties stage of your buyer brokerage efforts. After the presentation of properties, informed buyers can then decide how they want to proceed with showings, tourings, and payment of compensation. Some practice tips: 1. Interview your… Continue Reading NAR Legal: Never Filter Listings for Compensation EVEN IF the Buyer Directs You To

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SCR120 Compensation Agreement (Can be used in several situations)

By |2024-10-03T09:07:14-05:00October 3rd, 2024|Legal FAQs|

The SCR120 Compensation Agreement was originally created as a "Swiss Army Knife" form that handles multiple situations without creating a form for each situation. This multiple use of SCR120 can create confusion with choices on SCR120. More blanks to fill in equals more confusion and more mistakes can occur. So, there may be future compensation… Continue Reading SCR120 Compensation Agreement (Can be used in several situations)

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