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Proper Use of REALTOR® Marks on the Internet

Q: I am a real estate agent and a REALTOR®. I have created my own Web page - ncsbestrealtor.com is the domain name and sunnyncrealtor@webnet.net is my e-mail  address. Are these proper uses of the term REALTOR® over the Internet? A: No. You must always use the REALTOR® marks in accordance with the rules and…

Can a listing agent offer compensation expressed as a percentage of the net sales price?

QUESTION: One of my clients contacted me and expressed interest in seeing a property that is listed in the MLS. When I checked the listing, I noticed that the listing agent is offering compensation based on the net sales price rather than the gross sales price. Is that practice permitted? ANSWER: The answer depends on…

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Should a non-owner spouse sign a listing agreement?

QUESTION: I have been asked to list a piece of residential property. The home was purchased by the husband before he was married and the property is titled in his name alone.  However, the husband and wife have lived in the home for many years. Does the wife need to sign the listing agreement? I…

Can brokers advertise a “Free Home Valuation”?

QUESTION: I am a broker-in-charge. Recently, I met with some appraisers who expressed concerns about a service that is being offered on the websites of several brokers in my firm. These websites include a link that says "What is your home worth?" or "Free Home Valuation". If a user clicks on the link, the user…

Real Estate Alert! Gale Force Demographic Wind Gusts Ahead

Seven powerful demographic disruptors can potentially quell future growth and demand for residential and commercial real estate.

Creating the Best Virtual Tours

Discover how 3D virtual tours and virtual open houses can help you reach more clients

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RentSpree

FAST, FREE, & SECURE, ELECTRONIC TENANT SCREENING RentSpree allows you to collect rental applications and screen tenants electronically. Each RentSpree application package you receive will include: Rental Application Criminal Background Check National Eviction Report Credit Report Start Screening     Here’s how it works: 1.     Request Applications Simply enter all applicant email addresses on RentSpree…

NAR releases 2021 Commercial Real Estate International Business Trends Report

On  March 31 the 2021 Commercial Real Estate International Business Trends report from NAR was released. It discusses the trends in foreign buyer purchases of U.S. commercial real estate in 2020 in the “small commercial real estate market” (sales of below $2.5 million) and in the “large commercial real estate market” (sales of $2.5 million…

May an Unlicensed Assistant Complete an Offer to Purchase?

QUESTION: Is it permissible for an unlicensed assistant to complete an offer to purchase? ANSWER: The short answer is that an unlicensed employee may type an offer, a contract or a lease, but only from drafts of pre-printed forms completed by a licensee. Because the use of unlicensed assistants and other unlicensed office personnel is…

Treatment of Detached Workshop Under Square Footage Guidelines

QUESTION: I am listing a property for sale that includes a home and a detached garage. The garage can be accessed from the home by a covered breezeway. The garage  includes an area that is heated and air conditioned and has finished walls. The owner currently uses that area as a workshop. The owner wants…

2020 NC General Assembly Short Session Summary

During this historically short session, the General Assembly passed legislation dealing with COVID relief efforts, NC Department of Transportation funding and governance, Medicaid’s transition to managed care.

Podcasts are Heating Up

This fast-growing technology can benefit your business.

COVID-19 Q&A

Answers to questions from members across the state regarding the COVID-19 pandemic.

NC REALTORS® COVID-19 STATUS UPDATES

In light of the current situation, it is important that we provide you with updates on the goings-on in the state’s real estate industry. So, we created the STATUS UPDATE page that we will launch every time we feel that it is necessary to get you important information.

Shared and Regional GADs

NC REALTORS® Shared and Regional Government Affairs Directors (GADs) monitor local trends and support advocacy efforts at local REALTOR® Associations.

New Limited Power of Attorney for Real Property Transactions

QUESTION: A client has asked me whether he can use the new “Limited power of attorney for real property” statutory short form to close on a property he is purchasing. He said that he read about the form online, and he needs to be out of town on the day of closing but he knows…