Most are aware of the Clear Cooperation Policy instituted in 2020 by NAR that requires listed property to be included in MLS listings within one business day of public marketing. There is an exception to this rule, however, and that is when the property is listed as an office exclusive. An office exclusive listing is… Read more »
Read MoreAgent Alert is a convenient feature built into Supra’s keys, providing peace of mind for agents anywhere they carry their Supra wireless key. With the press of a button, agents have a simple and discreet method to send an alert message to priority contacts. The message and up to three contacts are set up in… Read more »
Read MoreI’m Number One/No I Am We’re the Number One Team/No We Are I Closed More Sales Than Anyone/No I Did What does it all mean? Very little unless you give the details. And there are parameters required by MLS Rules Claiming that you are #1 at anything involving real estate transactions requires a clear disclosure… Read more »
Read MoreDecember is normally one of the slowest months of the year but strong buyer demand across most segments of the market, buoyed by near-record low interest rates, continue to drive a healthy sales pace in the face of a new wave of COVID-19 infections and a softening jobs market. New Listings were up 22.1 percent… Read more »
Read MoreRecap of 2020 Local Government Activities Anderson Anderson County approved new subdivisions as well as some rezoning of tracts of land. These include: Woodglen Housing Development including 592 units built in two phases 19-acre tract along Welpine road to include an apartment complex with 252 units 675 single-family residences on a tract of land in… Read more »
Read MoreAre you guilty of a possible license law violation? Let’s check and see! SC Real Estate License Law Section 40-57-135 (H) states: (H) With regard to offers to purchase real estate, a licensee shall: (1) upon receipt, prepare all offers in writing and promptly present them to the seller; Have you been presenting oral offers? … Read more »
Read MoreInventory remains constrained in most segments of the market, while buyer activity remains strong. With the holiday season upon us, both buyer and seller activity typically follow seasonal slowdowns before rebounding in the new year. For the 12-month period spanning December 2019 through November 2020, Pending Sales in the Western Upstate region were up 4.1… Read more »
Read MoreInterest rates set new record lows again in October, and are helping to maintain buyer purchasing power in the face of rising home prices driven by multiple offers across many segments of the market. While seller activity in some segments has improved, available inventory remains tight in many areas. For the 12-month period spanning November… Read more »
Read MoreStrong buyer activity has continued into the fall and the constrained supply of homes for sale, speedy sales, and multiple offers across many segments of the market will remain common so long as buyer demand remains at elevated levels. For the 12-month period spanning October 2019 through September 2020, Pending Sales in the Western Upstate… Read more »
Read MoreThe housing and stock markets continue to be the leaders in the economy. In August, showings and pending sales remained at strong levels. Housing inventory remained limited in many segments, continuing the competitive bidding we have seen across much of the market in recent months. Nationally, the Commerce Department and U.S. Housing and Urban Development… Read more »
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