UPDATE TO FORM 201 – EXCLUSIVE BUYER AGENCY AGREEMENT Effective immediately, the Exclusive Buyer Agency Agreement (Form 201) in the NC REALTORS® forms library has been revised to remove the VA loan language in Paragraph 4(b)(ii). The previous language warned that a buyer using a VA loan was prohibited by federal law from paying their…
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Members, take advantage of a great opportunity! The Outer Banks Association of REALTORS® and the Albemarle Area Association of REALTORS® have partnered to offer the Accredited Buyer’s Representative (ABR) Course in-person, for FREE to members. But wait, there’s more. Because the associations strongly believe, in light of the NAR settlement agreement, that ALL REALTORS® should…
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FORM 220 – Cooperating Compensation Agreement, FAQs Many of you have asked about using the Cooperating Compensation Agreement, Form 220. NC REALTORS’ legal team sent an email to members on Monday, August 12th that highlights some of the most frequent questions about the form and some common scenarios related ot using the form. President Richard…
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Did you know that next month is REALTOR Safety Month? As a reminder, OBAR covers the cost of FOREWARN as a member benefit for every member’s safety. If you have not signed up for FOREWARN, you are missing out. FOREWARN brings knowledge to the real estate industry through innovative solutions to ensure safer engagements and…
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MLS “Broker Beachbag” Guidebook As we navigate a new MLS landscape, OBAR is dedicated to keeping you informed and up-to-date on what is taking place to ensure a smooth transition for members and vendors by the NAR mandated effective date of August 17th. The OBAR Board of Directors recently approved changes that would remove MLS…
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The Outer Banks Association of REALTORS® (OBAR) is thrilled to announce the 27th Annual Charity Surf Fishing Tournament, set to take place on Friday, October 4th, from 6:30 am to 12:30 pm in Nags Head. Tournament committee Co-Chairs Tammy Aycock and Sarah Sheppard invite anglers of all skill levels to participate in this exciting event, which combines the thrill of fishing with the opportunity to give back to the community.
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Join Matt Linville, VP of Marketing for Investors Title Exchange Corporation and TowneBank Mortgage on Tuesday, July 20th from 11 am to 1 pm at OBAR for an informative session on 1031 Like-Kind Exchanges. This OBAR “U” professional development event will have you walking away with the knowledge of what kind of properties qualify, what…
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To ensure that residents are adequately covered for the 2024 hurricane season, NCDOI Insurance Commissioner Mike Causey is offering free continuing education course credits in July, September and October. In addition to insurance agents and adjusters, real estate agents are also approved to receive free continuing education credit! To be awarded four hours of continuing…
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OBAR’s 34th Annual Golf Tournament is set for Friday, May 31st at Kilmarlic Golf Club with a 12:30 pm shot-gun start. Co-Chairs Kaye Jones and Kathie Nesbitt are asking for your help to ensure the success of this year’s event. All proceeds benefit OBAR’s Scholarship and Disaster Relief funds held through the Outer Banks Community…
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CE UPDATE: The June 10th NCREC deadline will be here before you know it but there is no need to fret! OBAR has worked to provide you some last-minute CE opportunities. Upcoming CE with registration instructions can easily be found on the OBAR website calendar identified by our new OBAR U logo: Calendar – Outer…
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