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Word of the day

Grandfather Claus

A common expression used to convey the idea that something that was once permissible continues to be permissible despite changes in the controlling law. For instance, a developer with prior county planning approval to build on 10,000-square-foot minimum-size lots can be granted the right to build on such lots even if the current zoning regulations are amended to require 12,000-square-foot minimum-size lots. The developer is “grandfathered” under the originally approved subdivision plan. This situation is similar to nonconforming use.

Under state legislation regarding real estate pre-licensing educational requirements, current licensees may be “grandfathered,” or exempted, from such new requirements.

Association of the day

Anderson South Carolina Association of REALTORS

Buildings are at the center of our lives, be it a home, or an office. Office buildings help create the culture of the organization or business. They also communicate a message to the public.

When I was doing ePRO Training Events around the US, I loved visiting the Carolinas, for many reasons, not the least of which is my taste for Sweet Tea 

Quote of the day

What happens is not as important as how you react to what happens

How do you react to adversity? Life is full of stops and starts, frustrations and distractions. But don't let these daily confusions divert you from the excellent potential that is available to you every day. When you do encounter adversity, remember that keeping a cool head is always the right way to go. There's a solution to every problem, but's impossible to see it if you blow your top. 

Question of the day

Under an exclusive agency arrangement, the broker has a fiduciary arrangement with?

(A) The seller (B)The buyer (C)The seller and buyer (D)The seller primarily and secondarily to the buyer

Answer:  (A)  The listing agreement creates an agency relationship between the broker and seller, referred to as a fiduciary relationship.
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