Search results for: ATI

https://www.nar.realtor/magazine/broker-news/the-worst-risk-the-one-you-never-saw-coming What happens if a buyer closes with another agent after signing an exclusive agency expression agreement with you? REALTOR® association attorneys are fielding questions like this on their legal hotlines, according to attorneys speaking at the 2025 REALTOR® Broker Summit in Louisville, Ky., on Tuesday. Brokerages face many risks to their businesses, from copyright… Continue Reading REALTOR Magazine: NAR Broker Summit’s Legal Broker Risks

SCR has heard reports that some REALTORS® making referrals to service providers were sometimes accused of making negligent referrals when the service provider did not perform to the consumer's satisfaction (e.g., litigation communicated, ethics complaints, license law complaints, upset people leading to loss of referrals and loss of future business and receipt of bad reviews).… Continue Reading Referrals: To Make or Not to Make, Risk Management

Properly use the LLR offer rejection form (SCR314). The offer rejection form is not dead. The offer rejection form is now stronger than last year. There is a time limit now (e.g., within 48 hours of rejection). Call the hotline if your sellers are incommunicado and you fear missing this deadline. Properly communicating with the… Continue Reading Fake News: The LLR Offer Rejection Form SCR314 is Not Dead! Use SCR314 Properly.

https://www.e-verify.gov/ SCR has received reports of LLR conducting E-Verify Audits. If you hire employees, learn the federal e-verify requirements and or consult with your staffing agency about e-verify compliance for you. This information is only accurate as of 4/8/25. You must contact SCR for updates and changes to this information after 4/8/25 as laws and… Continue Reading If You Hire Employees, Learn Federal E-Verify

This SCR professionalism video was recently posted to the SC REALTORS® Youtube Channel: https://www.youtube.com/watch?v=sAujttypBSs Please watch to learn what other REALTORS® may be doing unethically and how you can report them to SCR. Presenters: REALTOR® Mark Davis-Cote and REALTOR® James Akers (2025 SCR Professional Standards Chair and Vice Chair respectively) along with the SCR attorneys… Continue Reading Professionalism – What Other People May Be Doing Unethically?

1. Can a delayed marketing exempt listing be shown to potential buyers during the delayed marketing period? Yes, MLS Participants and Subscribers may arrange showings and tours of the property subject to the seller’s instructions. 2. Who is responsible for developing the seller disclosures required for both office exclusive and delayed marketing exempt listings? MLSs… Continue Reading NAR Legal: 3/27/25 Releases More FAQs and the New MLS Rules, CCP

https://www.nar.realtor/the-facts This information is only accurate as of 3/25/25. You must contact SCR for updates and changes to this information after 3/25/25 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 Posts FAQs on the CCP MLS Updates Announced Today

South Carolina Association of REALTORS® (SCR) Forms Policy Permitted users of SCR’s standard forms SCR standard forms should only be used by REALTOR® members of the South Carolina Association of Realtors®. Revisions to format/pre-printed language of a standard form by user Revisions to the format or pre-printed content of any standard forms are prohibited. Permitted… Continue Reading SCR Forms Policy 3/25/25

https://www.fincen.gov/news/news-releases/fincen-removes-beneficial-ownership-reporting-requirements-us-companies-and-us Only foreign companies have to file. The rule does not apply to any US companies or any US persons. You can read full press release from the US Treasury here: https://www.fincen.gov/news/news-releases/fincen-removes-beneficial-ownership-reporting-requirements-us-companies-and-us This information is only accurate as of 3/24/25. You must contact SCR for updates and changes to this information after 3/24/25 as laws… Continue Reading FinCEN BOI News for 3/24/25 – The Rule Does Not Apply to USA Companies Nor USA CItizens

(H) If trust funds are held outside a licensee's brokerage firm, the licensee remains obligated to ensure that the trust funds are timely and properly delivered to the trust fund agent as stated in the contract. Properly check on earnest money, security deposits, trust funds, etc, are timely and properly delivered (e.g., law firm, lawyer,… Continue Reading ​ ​ ​(H) If trust funds are held outside a licensee’s brokerage firm, the licensee remains obligated to en sure that the trust funds are timely and properly delivered to the trust fund agent as stated in the contract.