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2023 NAR Code of Ethics and Arbitration Manual Updates

By |2023-11-29T12:18:54-05:00November 29th, 2023|Legal FAQs|

https://www.nar.realtor/about-nar/policies/2023-summary-of-key-professional-standards-changes#:~:text=Changes%20to%20the%20Code%20of%20Ethics%20and%20Standards%20of%20Practice&text=REALTORS%C2%AE%20shall%20not%20be,sexual%20orientation%2C%20or%20gender%20identity. Posted by: Byron King on 11/29/23 (This information is only accurate as of 11/29/23. You must contact SCR for updates and changes to this information after 11/29/23 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 [...]

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Short Term Rental LA Times News In California

By |2023-11-28T14:53:33-05:00November 28th, 2023|Legal FAQs|

LA TIMES: "The Los Angeles City Council, on a 14-0 vote, has approved a new law requiring that hotels and hosts of Airbnbs and other short-term rentals obtain a police permit. City Council President Paul Krekorian and other backers of the proposal said the permit requirement will help the city crack down on party houses [...]

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Soliciting Leads Using Email, Comply with Federal CAN SPAM Email Soliciting Laws

By |2023-11-28T10:59:22-05:00November 28th, 2023|Legal FAQs|

https://www.ftc.gov/business-guidance/resources/can-spam-act-compliance-guide-business Each separate email in violation of the CAN-SPAM Act is subject to penalties of up to $50,120, so non-compliance can be costly. But following the law isn’t complicated. Here’s a rundown of CAN-SPAM’s main requirements: Don’t use false or misleading header information. Your “From,” “To,” “Reply-To,” and routing information – including the originating domain [...]

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Top Ten Hotlines October 2023

By |2023-11-28T10:56:50-05:00November 28th, 2023|Legal FAQs|

10. Earnest money Tie #9 = Property managements & state law 8. MLS 7. Disclosure 6. Compensation 5. Due diligence 4. Ethics/Professionalism 3. Advertising 2. License law, Other 1. Forms Posted by: Byron King on 11/27/23 (This information is only accurate as of 11/27/23. You must contact SCR for updates and changes to this information [...]

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Soliciting Leads on the Phone? Check Federal and Your Brokerage Do Not Call Lists Before Calling!

By |2023-11-28T10:55:54-05:00November 28th, 2023|Legal FAQs|

https://telemarketing.donotcall.gov/ Before making that call to solicit a lead, verify the number is not on the federal do not call registry. Before making that call to solicit a lead, verify the number is not on your brokerage's do not call registry. If on either registry, do not call! If you call a number not on [...]

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October 2023 Top Ten Hotlines

By |2023-11-27T15:13:11-05:00November 27th, 2023|Uncategorized|

10. Earnest money Tie #9 = Property managements & state law 8. MLS 7. Disclosure 6. Compensation 5. Due diligence 4. Ethics/Professionalism 3. Advertising 2. License law, Other 1. Forms In response to your message/email/inquiry/conversation and solely based on the facts as presented to me, I can provide this advice (subject to change with information). [...]

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NAR and SC License Laws on Duties

By |2023-11-27T11:31:45-05:00November 27th, 2023|Legal FAQs|

https://www.nar.realtor/videos/window-to-the-law/fiduciary-duties SC license law limits your duties from fiduciary duties. SECTION 40-57-350. Real estate brokerage firm duties to client; agency relationship; applicability of common law. (A) A real estate brokerage firm that provides services through an agency agreement for a client is bound by the duties of loyalty, obedience, disclosure, confidentiality, reasonable care, diligence, and [...]

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NAR Lawsuits, Buyer Agency

By |2023-11-27T11:23:11-05:00November 27th, 2023|Legal FAQs|

https://www.nar.realtor/magazine/real-estate-news/law-and-ethics/nar-attorneys-buyer-representation-is-not-a-thing-of-the-past Posted by: Byron King on 11/27/23 (This information is only accurate as of 11/27/23. You must contact SCR for updates and changes to this information after 11/27/23 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 [...]

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NAR Lawsuit Resources

By |2023-11-21T11:26:37-05:00November 21st, 2023|Legal FAQs|

https://www.nar.realtor/competition-in-real-estate https://www.nar.realtor/competition-in-real-estate/179-ways-agents-who-are-realtors-are-worth-every-penny https://cdn.nar.realtor/sites/default/files/documents/105-more-ways-2023-11-13.pdf Posted by: Byron King on 11/21/23 (This information is only accurate as of 11/21/23. You must contact SCR for updates and changes to this information after 11/21/23 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 [...]

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