Dishin' Dirt with Gary Pickren
In the Award-Winning Dishin' Dirt with Gary Pickren, South Carolina Real Estate Commissioner/Attorney/Broker/Instructor- Gary Pickren discusses important, timely and relevant topics for South Carolina real estate agents. He covers topics such as the NAR Settlement, Clear Cooperation, agent compensation, "wholesaling", seller disclosure, video marketing, repair addendum, RESPA and much more. All topics are either related to real estate or agency law, marketing or real estate agent best practices. Gary often interviews top real estate minds such as Leo Pareja (CEO-eXp), James Dwiggins (CEO-NextHome), Gary Gold, Krista Mashore, Jess Lenouvel, Jeff Lobb, Chelsea Peitz, Carl Medford and many more. Gary always tries to bring a touch of humor to each podcast. This is a podcast for every real estate agent in South Carolina regardless how long you have been in the business. Winner of the American Land Title Association 2024 Webbie. Named #1 Best Podcast in South Carolina for Real Estate by FeedSpot and PlayerFM and #7 Best Podcast for REALTORS by MillionPodcast.com. Disclaimer: Our site does not create an attorney-client relationship and it is not intended for detailed legal advice. We are licensed in South Carolina. Any result we achieve on a client’s behalf does not necessarily mean similar results for other clients. ***DISCLAIMER*** Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your jurisdiction for applicable legal advice germane to your issue. Copyright © Blair | Cato | Pickren | Casterline LLC – All Rights Reserved
Episodes
The South Carolina REALTORS Association has revised the contract to address compensation in the contract. Today, I examine those changes but more importantly I look at the "why" behind the changes. Once we understand the "why" it makes the changes more acceptable and likely to be implemented. I also look at the new Form 555 Home Warranty form.
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Gary
Whether you know it or not, you are using AI every day in your real estate practice.
So today I will examine the increasing role of AI in real estate but also examine the legal and ethical implications that comes with its use. Everyone should be embracing this technology like we did with the internet in the 90s and social media in the 2010s.
But we also need to understand that the SC Real Estate Commission has already...
The 'Pig Butchering' real estate scams to the Form 610, this podcast has it all.
Today I educate you about the new real estate scam targeting agents as well as discuss why you should use a Form 610 on every transaction. And as a bonus, I will discuss if we are turning into a buyer's market and what they could mean for your business this summer.
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Gary
Shifting gears this week. I wanted a more upbeat episode after discussing legal matters for so many weeks.
This week my guest is Rick Torrison who discusses the importance of mindset in the real estate industry. He explores the risks associated with being a real estate agent, the impact of limiting beliefs, and how to overcome them. Rick emphasizes the need for self-evaluation, challenging norms, and making positive de...
Real estate agents are constantly under attack. One of the most common risks agents face is when something breaks in the house post-closing. Too many lawyers and buyers think the listing agent knew every possible defect that could have existed in the house.
Currently, there are three major defenses that can be used when agents are sued. Today, I will highlight two significant court cases, McLaughlin vs. Williams and I...
In this episode I discuss the legality and ethics of including real estate commissions in contracts. I will clarify misconceptions surrounding commission payments, emphasizing that it is not illegal or unethical to include them in contracts. I also highlight the changes brought about by the Sitzer settlement, which affects how buyer agents are compensated. The conversation will underscore the fiduciary duty agents hav...
South Carolina REALTORs Association has issued new compensation forms with not one but two Form 120s and updated agency agreements in Form 130, 135 and 136. Today I examine those changes and what they mean for you. Also, a new study by the Federal Reserve shines light on whether or not commissions have gone up or down since implementation of the Sitzer settlement.
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Gary
We are heading fast into the summer selling season. So today I am going to provide you a comprehensive analysis of the South Carolina real estate market. I will discuss various regions including Myrtle Beach, Greenville, Spartanburg, Sumter, and Columbia, highlighting trends in sales, inventory, and pricing.
Also, an important update. Blair Cato has added its 9th Office in SC. We are opening in Sumter in Hardee Cove...
Summer Goralik is a compliance expert in the real estate industry.
Summer and I discuss the importance of empowering investigators and regulators in the real estate industry, the proactive approach needed by real estate commissions, and the complexities surrounding private listings and fiduciary duties.
We also discuss the recent challenges facing the industry, including the NAR settlement, broker compensation issues,...
A MAJOR VICTORY FOR ALL REAL ESTATE AGENTS!!
Today we discuss a significant ruling by the South Carolina Supreme Court that protects real estate agents from liability under the South Carolina Residential Property Condition Disclosure Act. The ruling states that there is no private cause of action against real estate agents under the Act allowing buyers to sue agents for the false or misleading statements of the Seller....
In this episode of Dishin' Dirt, I discuss the recent controversies surrounding Private Listing Networks (PLNs) in the real estate industry. I examine the negative implications of PLNs on market transparency and consumer choice, while showing how the PLN primarily serve brokerage interests rather than those of sellers.
Plus, breaking bad news from Britian that needs addressing immediately.
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In this episode, I discuss the importance of re-educating sellers in the real estate market, especially in light of recent changes concerning commission and the prevalence of fraud. I emphasize the need for real estate agents to redefine their roles, educate clients about fraud prevention, and effectively communicate compensation structures. The conversation highlights the necessity of updating listing presentations p...
We can't seem to get out of our own way. We want to continue to do the things that got NAR and your Brokerage sued. We continue to do workarounds on compensation and try to steer sellers into giving more comp through Broker to Broker compensation.
We need to change how commissions are handled. Stop doing the workarounds that could lead to legal trouble and understand the implications of steering in real estate t...
In this episode of Dishin' Dirt, I answer the question as to whether or not you can still accept a seller bonus following the Sitzer/Burnett settlement. I will provide insight on the legality and realities of bonuses in real estate transactions, emphasizing the importance of written agreements and the business justification rule for any amendments to compensation agreements.
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Today I discuss the critical topic of agency in real estate, focusing on the interference with agency agreements and its implications for agents and consumers under the law. The conversation centers on the legal obligations of agents, the consequences of interfering with agency during brokerage transitions, and the responsibilities of builder agents.
Additionally, I give another short update on a new Clear Cooperation...
In this episode of Dishin' Dirt, I discuss two issues. First, one of the lawyers from Sitzer/Burnette has stated publicly that he is coming for your JV agreements and any brokerage that encourages or compensation agents or brokers for pushing their ancillary products such as mortgage, title and insurance. It is past time to take heed of this significant risk.
Secondly, I examine the emergence of the American Real...
In this episode of Dishin' Dirt, Carl Medford and I discuss the current state of the real estate industry, focusing on the contentious issue of "Days on Market" and its implications for transparency and consumer protection. We explore the impact of recent lawsuits, the role of commissions, and the necessity of maintaining clear cooperation policies. The conversation emphasizes the importance of fiduciar...
In part 2 of my conversation with Leo Pareja, CEO of eXp Realty, we discuss if the current real estate model is broken beyond repair. We also discuss Clear Cooperation Policy, broker-to-broker compensation and a lot of other challenges facing agents today.
Leo shares insights on the challenges faced by agents and the importance of maintaining a cooperative real estate environment to ensure consumer protection and mar...
In this episode, I interview Leo Pareja, CEO of eXp Realty, discussing the current state of the real estate market following significant changes in compensation models and the implications of the Clear Cooperation Policy.
Leo shares insights on the challenges faced by agents and the importance of maintaining a cooperative real estate environment to ensure consumer protection and market efficiency. The conversation del...
PART TWO of my interview James Dwiggins, CEO of Next Home Realty. We continue this interview looking at the current threats facing real estate agents, the changing role of REALTORs, and the impact of technology on the industry. We will spend a good part of the show discussing Broker to Broker compensation.
For last week's episode click here.
https://www.buzzsprout.com/1378912/episodes/16555625
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