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We hope everyone is staying Healthy and safe during these unprecedented times. PRAR Board and Staff want you to know we are here for each and everyone of you if you need anything.  

The office will reopen to OUR MEMBERES and anyone in need of signs or assistance on Monday April 27. Normal Business hours are Monday thru Thursday 9 am to 4:30 pm.  We still ask if it is possible make your request via phone or email to do so, but we are in the office to serve you.

Secondly, please make sure you are keeping an eye out from your MLS of choice for information regarding Clear Cooperation that will take effect per NAR guidelines Nationwide on May 1st. Commercial REALTORS who do not participate in a MLS do not have to adhere but all MLS Participants should make sure they understand their MLS Policy. 

Finally, this newsletter has a wealth of information and links for your reference.  If you have any questions or we can be of any assistance, please do not hesitate to reach out to the office.  We will assist or get you in touch with the correct person to help you. 

 

Sincerely,

Billie Prater

Association Executive

803-329-2030

Are you Eligible for Unemployment?

Your RPAC Dollars were hard at work to make sure you and all Independent Contractors Nationwide were eligible for Unemployment during the Coronavirus Pandemic.  If you are Unemployed or Underemployed you may be eligible for the Pandemic Unemployment Assistance (PUA).  

SC DEW Recommends you go ahead and Register today even though the system will not be ready to process until the end of the week. You should expect approximately three weeks for your claim to be processed, but it will be paid out retroactively back to your initial eligibility date.
 

Still Have Questions on Unemployment?

Resources

SPECIAL ANNOUNCEMENT: Be on the Lookout for a WEBINAR Announcement for TUESDAY April 28 at 2PM.  SC DEW Staff will be doing a SCR Webinar specifically Independent Contractors and how to file an Unemployment claim. 

CARES Act

Over $9 Billion in SBA resources was given out to Real Estate Sector in the first round.  Have you applied for the PPP Loan or EIDL and not sure what to do?

Congress has passed an additional $300 Billion in Relief. We are not sure when the funds will be ready for distribution yet but you should start preparing now. 

  • If you have applied for the PPP loan and not received the funds, check with your Lender.  
  • If you have applied for the EIDL Loan and have a Confirmation Number, you are already in the queue and are good to go. 
  • If you interested in either program and have not applied, now is the time to start preparing. 
    • PPP Loans, work with your Lender you have an established relationship with already.  You will need to have filed your 2019 Taxes to take advantage of this program.  If you are denied by your Lender because you are a REALTOR, let NAR know Immediately. All Lenders were given guidance by SBA on April 14th that stated REALTORS were eligible. 
    • EIDL Loans are currently unavailable online to apply. When we receive notification of an open date for online applications we will release this information. 


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. 


SBA Website
May 12-14
2020 REALTORS Legislative Meetings

This Year's Mid-year meetings will be held Virtually for the first time ever.  You have the opportunity to attend the Legislative meetings from the comfort of your office or home.  Registration to be open by the end of the week. Please Check out the schedule and make every effort to attend as many sessions and events possible to learn how NAR and your Advocacy teams are helping the Public, REALTORS and you May 12-14.  You can watch the live session through the live stream, YouTube or Facebook Live.  Find out more and Register at the link below.  

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.

SC LLR will start allowing you to renew your License MAY 1st. Please note, you cannot get a jump start on your 2022 education prior to October 1st due to how the law is written. 

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.  

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

You can take ONLINE Classes:

CE Shop - Use Code "SUPPORT40" through April 30th for Discount. 

Western Upstate - Oniine and Virtual Classes Available


NOTE: As soon as Governor allows, we will start opening up our classroom for Live Classes again for those interested. 
 

Prar.com

NAR products and services available for FREE or at significant discounts – right now – 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!

Telemedicine offer available for Two Months FREE.  Then $7 per month.  Enrollment extended through May 31st.  

Other Free Benefits Included with your DUES you may have forgotten include: 

Legal Hotline - 800-233-6381

Tech Helpline

REALTOR Benefits Program

Members Value Plus Program

NAR Library

NAR's Research & Statistics

Realtors Property Resource

Find out More Here

Please Share with your Friends, Family, Coworkers, neighbors, and Nonprofits groups you work with. AFCPE, Well Fargo and Yellow Ribbon Network are offering free for anyone interested with no cost counseling.  As of last week over 500 counselors had already volunteered their services across the country. 

Sign Up Here
Daily news


April 21, 2020
COVID-19 Prompts Rethinking of Coworking Spaces

Prior to COVID-19, coworking office spaces were surging in popularity. Rob Speyer, CEO of the commercial firm Tishman Speyer even called the sector the “biggest disruption to real estate since the invention of the elevator.”

Coworking has been a way for business owners and independent contractors to share space and cut costs. But as the outbreak spreads, the configuration of offices is being rethought.

Coworking companies like We Co. and WeWork are trying to restructure leases as demand for office space begins to shift. 

April 22, 2020
Agents to Sellers: Don’t Take Your House Off the Market

In April, amid the flurry of spring market activity, REALTORS® 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, REALTORS® 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
Click Here for the Latest Market Reports for SC
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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