by alex a | Mar 9, 2018 | Legal Tips
As discussed in last week’s post, South Carolina Code §40-57-135(B) states, “An associated licensee may not receive compensation from an activity requiring a real estate license from an entity or person other than the one for which the license is issued.” Pay at...
by alex a | Mar 2, 2018 | Legal Tips
Pay at Close is a process where the Broker in Charge gives written authorization to the closing attorney to issue two checks at closing: one to the brokerage firm for its portion of the commission, and one to the agent for his/her portion of the commission. Recently,...
by alex a | Feb 23, 2018 | Legal Tips
Last week we posted our concern about the Real Estate Commission’s recent ruling in which it held that if there is any dispute over the release of the earnest money, the real estate agency must get a signed release from both parties or a court order to release...
by alex a | Feb 16, 2018 | Legal Tips
The South Carolina Real Estate Commission recently ruled that earnest money may not be released unless the parties to the contract sign a release or a court order is issued. The Commission’s ruling, however, flies in the face of the statute and most sales...
by alex a | Feb 8, 2018 | Legal Tips
Convincing Millennials the Time to Buy is Now! My friend, Dale Barker, and I were discussing interest rates this week. We reminisced about the “good ole days” when we got in the business and interest rates were just under 10%. Dale talked about how he explains the...
