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Visit Fairhaven for Fair Housing Swag

NC REALTORS® wants everyone to visit Fairhaven this year. That’s why we’re launching the Visit Fairhaven Challenge and offering all who enter a chance to win some amazing fair housing swag to showcase your commitment to equal professional service to all.

Major Investors

RPAC Major Investors consist of an elite and passionate group of REALTOR® investors who give a minimum annual investment of $1,000.

Are escalation clauses legal?

QUESTION: I’ve heard people talk about escalation clauses but now I’ve received an Offer to Purchase and Contract on a hot listing of mine that has an escalation clause addendum attached to it and I don’t know what to do.  What is an escalation clause exactly?  Are they even legal?  What should I tell my…

Escalation Addenda and Sharing Competing Offers

QUESTION: Escalation addenda are everywhere right now! The forms I’ve seen have some small differences, but one thing they all demand is that the seller provide a copy of the highest competing offer to the successful buyer in order to show that the final purchase price is justified. As a listing agent, can I share…

2022 RPAC Hall of Fame Recipients

During the 2023 NAR Legislative Meetings, a few of our members were inducted into the RPAC Hall of Fame, a very high honor at the national level.

Can I advertise a room as a bedroom even though it does not have a closet?

QUESTION: I am in the process of listing a home for a new client. The home includes a new addition with an upstairs room that my clients are using as a bedroom even though it does not have a closet. Can I include that room as a bedroom when I list the property in the…

Model Office Policy Manual Updated

The NC REALTORS® Model Office Policy Manual has recently been updated by NCR legal counsel.

Disclosure, Material Facts, the Residential Property Disclosure Statement, and the Due Diligence Fee

QUESTION: Do all material facts have to be disclosed on the Residential Property Disclosure Statement? If the seller fails to disclose a material fact or makes a misrepresentation about a property, can a buyer get their Due Diligence Fee back? ANSWER: No and yes, respectively. As to the first question, a seller ordinarily is not…

Does a natural disaster affect parties’ rights under a contract?

QUESTION: I represent a seller who is under contract using the Offer to Purchase and Contract (Form 2-T). The property is located in an area that has suffered severe flooding in the wake of Hurricane Florence. Fortunately, the property escaped any damage. The Settlement Date was early in the week before the Hurricane made landfall,…

April 2023 NC Housing Report

April 2023 NC Housing Report - While inventory increased over March, it continues to be lower than last year.

July 2023 – Summary of July 2023 Property Management Forms Changes

The following property management forms have been revised effective July 1, 2023. A summary of the significant changes to each form is included. A marked-up copy of each form showing the exact changes may be viewed by clicking on the name of the form.

Brilliant Steps to Defuse Arguments with Clients

Learn the right scripts and attitudes to positively resolve disputes with clients.

Disclosing information about offers received in a multiple offer situation

QUESTION: I represent both sellers and buyers in an extremely competitive market. It’s common for a listing agent to get many offers on a listing, and buyers and their clients are frequently very frustrated when they lose out multiple times on getting a property under contract. As a professional courtesy, I'd like to provide feedback…

C2EX | These NC REALTORS® are committed to excellence. Join them!

Commitment to Excellence (C2EX) is a program that empowers REALTORS® to demonstrate their commitment to conducting business at the highest standards.

Flood Insurance Extension Update

NAR is working to avoid a lapse of the National Flood Insurance Program (NFIP) while Congress continues to negotiate over a long-term reauthorization and reform measure.