ATTENTION: BICs As a Broker-In-Charge (BIC) or Property Manager-in-Charge (PMIC), you are responsible for the supervision of all employees and supervised licensees (SC Code Ann. §40-57-135(A)(1)). BICs or PMICs who fail to ensure that their supervised licensees are actively licensed while practicing may be subject to disciplinary action by the Commission. For licenses with a… Read more »
Read MoreRenewals for licenses with the South Carolina Real Estate Commission for 2025-2027 are now open. Online renewal is available twenty-four (24) hours a day. If you have not accessed your e-service account in a while, you may need to reset/recover your password. Go to the “Recover/Reset My Password” web link at https://eservice.llr.sc.gov/SSO/Login/RecoverPass/, and a link… Read more »
Read MoreHello REALTORS®, Last week, I reported on the various real estate-related ordinances being considered at the South Carolina General Assembly. This week, I am reporting on what is happening in Washington, plus the outcome of the proposed residential development moratorium in Anderson County. But first, a little about your REALTORS® Association and it’s advocacy program…. Read more »
Read MoreHello REALTORS®, Last week I reported on the various real estate-related ordinances being considered at the three counties in the Western Upstate. Our cities have been less active, but we have several ordinances under consideration, or that have been adopted since the beginning of the year. City of Anderson Anderson has started updating their comprehensive… Read more »
Read MoreMonthly Indicators U.S. existing-home sales fell for the first time since September, slipping 4.9% monthover-month to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2% compared to… Read more »
Read MoreHello REALTORS®, March brings with it a lot more than the first day of Spring. It also almost always brings with it a lot of government activity, especially regulation of real estate development. In the last year, we have observed an interesting trend related to annexation, which I’ll highlight at the end of this report. … Read more »
Read MoreHello REALTORS®, Proposed Anderson County Moratorium This week, Anderson County Council is expected to vote for a second time on a moratorium on new housing developments of 25 units or more. You association opposes moratoriums in part because they tend to be in response to an overstatement of growth. They also deny property owners their… Read more »
Read MoreHello REALTORS®, Last week I reported on the proposed moratorium on new subdivisions of 25 lots or more in Anderson County. In addition to subdivisions, Anderson County Council amended the proposed ordinance to apply to town homes and apartments. They also amended it to require each council member to opt in their council district. They… Read more »
Read MoreHello REALTORS®, Proposed Anderson County Moratorium The Planning and Public Works Committee of Anderson County Council, chaired by Realtor Cindy Wilson, has proposed a moratorium on new subdivisions of 25 lots or more. The moratorium ordinance is on county council’s agenda this week. I’ll keep you informed on the moratorium and provide more context in… Read more »
Read MoreMonthly Housing Indicators U.S. existing-home sales advanced for the third straight month, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million units, a 10-month high, according to the National Association of REALTORS® (NAR). Sales were up 9.3% year-over-year, driven largely by purchases of homes priced $500,000 and above. Month-over-month, sales rose in the… Read more »
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