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International Women’s Day 2019

By |2019-03-07T17:38:14-05:00March 7th, 2019|NAR|

International Women’s Day is celebrated internationally on March 8th each year. It is a day to acknowledge the economic, political, and social achievements of women. In recognition of this day we can examine the profile of women REALTORS® using the 2018 Member Profile. Women in Real Estate: Women make up 63% of all REALTORS®, with 57% licensed… Continue Reading International Women’s Day 2019

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From Byron King: SC Vacation Rental Act Compliance

By |2019-02-06T11:17:42-05:00February 6th, 2019|Legal FAQs|

To comply with pre-contract SC Vacation Rental Act disclosure to buyers/buyer rep: Send this written information: " Property __________________________________________________________ SC is subject to vacation rentals from _____________________, 2019 through ________________________ 20__." Send this written information to the buyers/buyer rep prior to contract via: Paper (delivered by US mail, courier, hand) Text Email Fax Seller Disclosure… Continue Reading From Byron King: SC Vacation Rental Act Compliance

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From Byron King: Get Compensation Agreement In Writing ASAP

By |2019-01-24T10:51:32-05:00January 24th, 2019|Legal FAQs|

REALTORS® get your compensation agreement with your brokerage (and team) in writing ASAP...hot topics for your lawyer to include: What is your compensation split on commissions while you are at the brokerage/team? What is your compensation split on commissions if you leave the brokerage/team? This could include a real estate career move or retirement or… Continue Reading From Byron King: Get Compensation Agreement In Writing ASAP

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from Byron King: NAR mediation training in Chicago September 4, 5 and 6 2019

By |2019-01-22T11:14:42-05:00January 22nd, 2019|Legal FAQs|

https://www.nar.realtor/events/mediator-mediation-training NAR offers some of the best mediator training classes in the world. This NAR mediation class will fill up asap, so apply asap if you are interested. If you have taken SCR mediation training or NAR mediation training or SC Bar mediation training in the past and are interested in becoming a SCR mediator… Continue Reading from Byron King: NAR mediation training in Chicago September 4, 5 and 6 2019

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From Byron King: Statutory Definition Meter Conservation Charge

By |2019-01-15T10:20:30-05:00January 15th, 2019|Legal FAQs|

The LLR seller disclosure asks about a meter conservation charge. Basically, this is a way the utility charges or "finances" energy measures such as a new energy efficient hot water heater or other appliance for example. You have often seen these offers in your utility bills. SC Code: https://www.scstatehouse.gov/code/t58c037.php SECTION 58-37-50. Agreements for energy efficiency… Continue Reading From Byron King: Statutory Definition Meter Conservation Charge

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New Year’s Inspirations

By |2019-01-11T15:28:43-05:00January 11th, 2019|NAR|

By Samantha Jones The old adage, “Rome wasn’t built in a day,” rings true more than ever at the beginning of a new year. Sure, 2019 means a theoretical blank slate and chance to improve every facet of our lives. Yet, sometimes we set ourselves up to fail with those lofty goals. I’m all for… Continue Reading New Year’s Inspirations

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Heating your Home for the Holidays 2018

By |2018-12-21T14:44:07-05:00December 21st, 2018|NAR|

When deciding on a home to purchase, recent buyers took into consideration a variety of different environmental features. The feature that was most important to buyers was heating and cooling costs. Using data from the 2018 Profile of Home Buyers and Sellers, we can see which buyers find heating and cooling costs most important. Eighty-four percent… Continue Reading Heating your Home for the Holidays 2018

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Lead Generation Vendors and Agreements

By |2018-12-18T13:02:53-05:00December 18th, 2018|Legal FAQs|

Lead Vendor Problems SCR has received complaints from members about the quality of leads and their lead generation vendors and their lead vendor agreements. Some suggestions from SCR and NAR to help avoid problems with vendors: 1. Do your due diligence on vendors. Research the company. Ask for references. Check out the references. Check with… Continue Reading Lead Generation Vendors and Agreements

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Vacation Rental Act

By |2018-12-14T10:39:00-05:00December 14th, 2018|Legal FAQs|

The SC Vacation Rental Act was passed in 2002 and is designed to protect SC's tourism industry's reputation after some incidents where vacationing families traveled great distances to visit SC only to find their rental had been sold and they had no vacation place to stay/sleep so their vacation was ruined. Buyers who want to… Continue Reading Vacation Rental Act

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Workforce Migration and Affordability: A Closer Look

By |2018-11-14T13:46:10-05:00November 14th, 2018|NAR|

The workforce is moving to less affordable areas. – In the last 12 months, more than 1.7 million LinkedIn members who lived in the 20 largest metropolitan areas moved from a more affordable place to a less affordable place. – Denver, San Francisco and Seattle were the top destinations for LinkedIn members. Although housing affordability… Continue Reading Workforce Migration and Affordability: A Closer Look

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