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How Will an Uptick in Foreclosures Affect Real Estate Markets?

By |2021-05-26T12:09:57-05:00May 26th, 2021|NAR|

By Neil Goradia As of the first quarter of 2021, there were 33,699 properties with foreclosure filings in the U.S., according to ATTOM Data Solutions. That’s up 9% from the previous quarter, but down 78% from the first quarter of 2020—largely pre-pandemic. The rate of foreclosure in Colorado is less than 2%, which is historically… Continue Reading How Will an Uptick in Foreclosures Affect Real Estate Markets?

SC DHEC on RADON

By |2021-05-25T15:55:36-05:00May 25th, 2021|Legal FAQs|

https://scdhec.gov/environment/your-home/radon Posted by: Byron King on 5/25/21 (This information is only accurate as of 5/25/21. You must contact SCR for updates and changes to this information after 5/25/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

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Top Ten HOTLINES (April 2021)

By |2021-05-24T16:09:41-05:00May 24th, 2021|Legal FAQs|

10. Team Issues 9. Vacation Rental Act Issues 8. Remarketing after a failed deal 7. Referral fees 6. Tax Issues 5. Earnest Money Issues 4. Ethics Issues 3. License Law Issues 2. Forms Issues 1. SC State Law Issues +700 Hotlines in April 2021. SCR provided ethics and forms classes via Zoom. Contact SCR legal… Continue Reading Top Ten HOTLINES (April 2021)

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Competitive market leads to strong sales statewide

By |2021-05-18T08:31:22-05:00May 18th, 2021|Press|

Competitive market leads to strong sales statewide COLUMBIA, S.C. (May 18, 2021) -- April was another strong month for South Carolina real estate according to South Carolina REALTORS® (SCR) statewide real estate market reports. Sales were up 41% from last year. “Summer is our busy season, but we’re continuing to see above average sales throughout… Continue Reading Competitive market leads to strong sales statewide

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Key Takeaways From the YPN Advisory Board Meeting

By |2021-05-17T13:06:02-05:00May 17th, 2021|NAR|

By Erica Christoffer The COVID-19 pandemic may have halted in-person meetings over the last 15 months—but that’s about to end. The YPN Advisory Board announced that its members are going to begin traveling again to visit state and local YPN groups and attend speaking engagements in the coming weeks and months. During the Advisory Board’s… Continue Reading Key Takeaways From the YPN Advisory Board Meeting

SCR310 Agreed Price is Greater than Appraised Value

By |2021-05-13T09:50:02-05:00May 13th, 2021|Legal FAQs|

SCR310 can handle this issue of the PRICE exceeding the APPRAISED VALUE in several ways. SCR310 has a checkbox to include or not include an Appraisal Contingency. Hotline has heard reports of the Parties not agreeing to use the Appraisal Contingency. Obviously if used, the Appraisal Contingency can handle this situation in the stated manner.… Continue Reading SCR310 Agreed Price is Greater than Appraised Value

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Ransomeware

By |2021-05-13T08:13:41-05:00May 13th, 2021|Legal FAQs|

https://go.lexisnexis.com/landing-page/192295?utm_campaign=1-10744912572_M-2021+CL+TGC+Regulatory+Compliance+Co-branded+EM+May_1-10101618501&utm_medium=email&utm_source=broadcast&utm_term=Mkt+Large+CL&utm_content=cta1_B&access=1-10101618501&treatcd=1-10744912572 Posted by: Byron King on 5/13/21 (This information is only accurate as of 5/13/21. You must contact SCR for updates and changes to this information after 5/13/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.og)

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Independent Contractor

By |2021-05-12T13:12:08-05:00May 12th, 2021|Legal FAQs|

https://www.nexsenpruet.com/insights/gig-worker-friendly-independent-contractor-test-withdrawn-by-department-of-labor Posted by: Byron King on 5/12/21 (This information is only accurate as of 5/12/21. You must contact SCR for updates and changes to this information after 5/12/21 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)

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