Search results for: ATI

Failure to properly explain and provide the SCR110 (government form from the SC real estate commission) is a violation of license law. Carry SCR110 in paper and smartphone photo format and zipForm mobile format and link format and hand/email/text them to any/all consumers that you speak with about real estate. Document delivery for risk management.… Continue Reading Why Always Properly Provide SCR110 When Communicating About Real Estate to Anyone?

DMCA is one strategy for the brokerage to manage risks of being sued for posting other people's photos, videos, music or words on your website. To prevent a law firm from directly suing you for having unauthorized display of other people's intellectual property, register someone for each website with the federal government. Once registered, you… Continue Reading DMCA Registration Manage Copyright Lawsuit Risks to Your Website

The potential discipline table for citations is below. Not all ethics articles are eligible for citations (e.g., serious violations, fair housing no citation). Citations were developed primarily for advertising issues. Generally, the average advertising citation (Article 12) is $350 and 4 hours of education. South Carolina REALTORS® Citation Policy This Citation Policy shall establish a… Continue Reading Citations (ethics traffic tickets)

Case #17-3: Dispute Between REALTORS® of Different Boards REALTOR® A, the listing broker and a member of the X Board of REALTORS®, and REALTOR® B, the cooperating broker and a member of the Y Board of REALTORS®, disagreed as to whether REALTOR® B should participate in a commission on a sale. The property was located… Continue Reading Ethics Case 17-3 – You Decide – Commission Dispute and Arbitration(s) – 2 Boards…?

https://www.nar.realtor/about-nar/governing-documents/code-of-ethics/code-comprehension-article-16-commissions-are-negotiable SCR120 is the compensation agreement that can be used between the listing brokerage and the cooperating brokerage. https://screaltors.org/wp-content/uploads/Forms/120.pdf Posted by: Byron King on 1/13/21 (This information is only accurate as of 1/13/21. You must contact SCR for updates and changes to this information after 1/13/21 as laws and regulations may change over time. SCR… Continue Reading How to Negotiate Cooperative Commissions Ethically (SCR120)

NAR compiled what other states/associations are thinking regarding COVID issues. SCR decided against creating COVID standard forms addenda due to potential unintended/intended consequences for allowing a party to create a COVID claimed unilateral unlimited delay in the transaction which is in many other states/associations COVID forms. In SC, the parties can negotiate extensions to their… Continue Reading COVID What Other States/Associations are Thinking

Owners Association Rules...Hot topic that buyers should evaluate. SCR recommends possibly always attaching SCR391 to the SCR310. SCR391 makes sellers and by extension - their legal counsel responsible for providing the hoa docs within a time frame, see first checkbox paragraph on SCR391. SCR310 residential contract, the buyer acknowledges having the opportunity to obtain legal… Continue Reading HOA, POA, COA, Owners Association Evaluations by Buyers

Ensure you recommend the parties obtain legal counsel asap for all things lease related...documents, check in, inventory, pre-paids, deposits, rents, damages, settlements, insurance information, tenant information, COVID issues, security systems, solar panels, roll carts, gas tanks, property management, future reservations, etc. Here is the Vacation Rental Act: ARTICLE 2 The South Carolina Vacation Rental Act… Continue Reading Vacation Rental Act

Mediation is settlement, working things out... NAR Mediation Forms: https://www.nar.realtor/code-of-ethics-and-arbitration-manual/forms#mediation https://www.nar.realtor/code-of-ethics-and-arbitration-manual/forms SCR Mediation Info: https://screaltors.org/mediation/ SCR Mediator list: https://screaltors.org/wp-content/uploads/2019/04/MediatorPamphlet2019-2.pdf SCR Free Zoom Mediator list: https://screaltors.org/wp-content/uploads/2020/11/OnlineMediation.pdf Posted by: Byron King on 12/19/20 (This information is only accurate as of 12/19/20. You must contact SCR for updates and changes to this information after 12/19/20 as laws and… Continue Reading Mediation Forms and Information