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What you Need to Know:

The Gov. has issued a "stay at home or work" order. Executive Order 2020-21.  

While real estate is allowed to continue to operate, please remember that it is not business as usual. All CDC guidelines and social distancing practices must be followed--please conduct as much of your business as possible online. Essential Services means you will continue to help clients in need. As leaders in the Communities we live, we want to uphold the moral and ethical code of REALTORSĀ®.

FAQ: Are we still allowed to show houses?

Answer: You should try to conduct any business virtually as much as possible. If you are asked or need to show a home, please make sure this reason is to service an essential need such as providing a home for someone in need (i.e. Military, already sold their house, domestic violence, etc.). Please do not show Properties during this time for individuals looking for investment properties, vacation homes, etc. If you have further questions on this, please do not hesitate to call the Legal Hotline at 800-233-6381 or the Association at 803-329-2030. Overall, please use your best judgment for the health and safety of everyone involved.

PRAR offices are currently closed to the PUBLIC and ALL MEMBERS. If you need assistance, please feel free to reach out to us via phone (803-329-2030) or email (memberservices@prar.com). Our Office hours have not changed and are still 9 AM ā€“ 4:30 PM Monday thru Thursday!

Please understand, we know you are getting overwhelmed with information overload at this time. PRAR does not want to contribute to over-crowding of your email, so the best source of updates are from our Facebook and Website. Make sure you are keeping up to date with the daily brief from SCR and Nick Kremydas that we share on our Facebook Page. As well as the Broker Updates and Webinars being offered from the State and National Level. This is a lot great information that we share on our Facebook page that can help you and your business!

Other helpful resources to keep you updated on the Ongoing Changes with COVID-19 and the Health Emergency:

Sincerely,

Billie Prater

Association Executive

Are you Eligible for Unemployment?

If you are Unemployed, Under-employed, or unable to work due to COVID-19, you are eligible for Unemployment. 

Under the CARES Act provisions, there are many types of individuals who would not normally qualify for unemployment insurance benefits, such self employed workers, that could be eligible under a program called Pandemic Unemployment Assistance (PUA).

Individuals who may be eligible include:

  • Individuals who file a 1099
  • Self employed
  • Church employees
  • Non-profit and governmental employees
  • Independent contractors
  • Gig economy workers
  • Those who have exhausted their regular UI benefits

NAR has put together a General Unemployment Assistance FAQ sheet related to the CARES Act. Click here for more information. 

File for a SC Unemployment Claim here.

  • The $600 Federal funds will be applied to all claims retroactively once the money is received. 
  • Self-employed, independent Contractors, Non-profit employees, etc. can apply now. 

Please use PATIENCE and PERSISTENCE with SC Department of Unemployment.  They are working to implement the new law and provisions in a very short amount of time. 

CARES Act

Do you have questions on the CARES Act SBA Loans and Grants? 


NAR has a lot of resources in information consolidated in one place to explain all three loans/grants currently available. Click Here for More Information. 

If you do not know what is the right thing to do for your Business or individual needs, please consult your CPA or Tax Attorney for advice. 

Again, PATIENCE AND PERSISTENCE is encouraged.  Many banks are still implement their own procedures to help administer the loans and protect their company.  NAR is working closely with the five large banks regarding the rejections of some loans because REALTORS do not have a current loan.  Keep asking and working with your Bank. There is no requirement to have a previous small business loan to be eligible for the EIDL or the PPP Loan.

SBA Website
SCR Townhall with Sen Tim Scott

SCR is Honored to have Sen. Tim Scott join us to talk about the latest news from DC and engage in a conversation with us about what Congress may do next! 

Wednesday April 8th at 11AM

Register Here
What you need to Know
Do You Need to Renew your License in 2020?

SC LLR EXTENDED the Renewal Deadline until September 30th 2020.


All REALTORS must take the class 3 Ps of Professionalism. This is the Core Class for the June 2020 renewal with 4 hours of CE.  

Salesperson Licensees must obtain 6 more hours of elective CE credits. 

Broker Licensees must take the BIC Duties and Responsibilities Core Class worth 4 hours of CE credit.  They must then obtain 2 additional hours of elective CE credit. 

In total all REALTORS must have 10 hours of CE credit. 

You can track your CE credits through 'CE Broker' which is where you will renew your License for SC LLR.  

Check out PRAR website under Class Calendar for the list of CE Classes we are offering to help you obtain your CE Credit. You may also email memberservices@prar.com or call us at 803-329-2030 for more assistance. 

NOTE: Ethics is not required for your SC LLR License renewal.  This is a NAR Requirement not due until December of 2021. 

 

Prar.com

NAR products and services available for FREE or at significant discounts ā€“ right now ā€“ and is available.

You can earn a Designation, take CE, get Financial Advice. You can save Hundreds of dollars as part of your NAR benefits, so act now! This is for a very limited time!

Find out More Here
Daily news


April 3, 2020
HUD Announces Extra Relief for Borrowers with FHA Insured Mortgages

The Department of Housing and Urban Development announced Thursday the Federal Housing Administration will offer a tailored set of mortgage relief options to those with FHA-insured mortgages who are being affected by the COVID-19 pandemic and who are unable to make their payments.

Mortgage servicers may extend deferred or reduced payment options to FHA borrowers facing financial hardship for six months, and also extend options beyond that to an additional six months of forbearance, if requested by eligible borrowers.

April 6, 2020
Why Observe Fair Housing Month in a Time of Crisis

In April, amid the flurry of spring market activity, REALTORSĀ® usually set aside time to commemorate the anniversary of the passage of the Fair Housing Act. We gather to learn about the ways people are unfairly shut out of the housing market and recommit to expanding equal housing opportunity.

This year is different. With much of the country under stay-at-home orders to slow the spread of the new coronavirus, REALTORSĀ® must find new ways to continue spring showings, and Fair Housing Month events have been canceled or postponed. 

View more
Click Here to See Latest LLR Violations
Click Here for the Latest Newsletter from the SC REC
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Click Here for the Latest Real Trends Report for SC
Piedmont Regional Association of REALTORS

146 E White Street, Rock Hill
United States

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