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North Carolina Real Estate, Are you ready for some new rules?

By
Real Estate Broker/Owner with Realty Arts NC Broker License #235526

The NC Real Estate Commission is considering some rule changes.  Are you ready?

I like the proscription against shopping offers.  Some people are so ham-handed and clumsy about it that it taints the flavor of the negotiations.  And too often it feels like it is being done unevenly, so as to favor another Buyer.  If you want to have an auction, well, by golly, have an durn auction!

"Require that written agency agreements be signed?"  Wow, what have I been missing?  I've been sweating getting all those silly signatures when I didn't have to.  I'm glad to work in a KW office with high standards that enforces common sense items like getting signatures.

"Require brokers' websites to identify the broker and/his or her firm in a clear and conspicuous manner."  I think that will upset quite a few North Carolina agents who seem to be ashamed of their profession.
But is it a precurser to regulating agent blogs?

These changes don't hold a candle to the current changes in the standard Offer to Purchase and Contract Form 2-T which goes from 5 pages to 8 pages, with a lot of pithy little nuances to learn and digest.

Continuing education... I think I will get next year's mandatory real soon.

Posted by

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Scan the QR Code with your Smartphone to Email MeQR CodeMike Jaquish, REALTOR®

919-880-2769 www.RealtyArts.com

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Independent Broker/Owner, Realty Arts

130 Towerview Court,

Cary, NC

Comments(2)

Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC
Hello Mike,
Changes keep us fresh and on our toes, right?  Well, we should be in good shape when all the changes take place.  Thanks.

Jul 27, 2007 12:24 AM
Mike Jaquish
Realty Arts - Cary, NC
919-880-2769 Cary, NC, Real Estate

Cynthia,

We'll be in great shape and ready for next year's rules...

Thanks for coming by.

Jul 27, 2007 01:02 AM