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Manufactured Homes Program Moves to OH Dept of Commerce

An important tip for professionals representing buyers of manufactured homes or the land upon which they sit. Starting this year, the regulation of the sale of manufactured homes has moved from the Manufactured Homes Commission (which was disbanded) to two Ohio Department of Commerce Divisions, the Division of Real Estate and the Division of Industrial… Read more

The Entrepreneur’s Guide to Staying Sane

The life of an entrepreneur is filled with things they think they must do to make their business a success. While they may reach that goal, it could come at a high personal price. In fact, 32 percent of entrepreneurs experience two or more mental health conditions. Starting a business isn’t easy, but it helps… Read more

How Will Drones Improve My Real Estate Business?

Quick, put your camera down — drones are a better option for taking photos of your properties. These aerial vehicles will optimize listings and increase interest in the latest homes on the market. Better yet, they are a lot easier to use than you think. Here are three ways drones will improve your real estate… Read more

Should Oil and Gas Professionals Be Licensed Real Estate Brokers?

On May 8, 2018, the Ohio Supreme Court heard oral arguments on whether professionals that deal in oil and gas leases are required to have a real estate broker’s license. At issue is whether the leases constitute an “interest in real estate” thereby requiring the professionals that negotiate them with landowners and petroleum companies to… Read more

3 Steps to Becoming an Insurance Agent

There are more than 1.1 million insurance agents, brokers, and employees in the United States. All of them started their somewhere — a college classroom or lecture hall, perhaps. Some received their training on the job; others studied online. Regardless, all of them would have completed the licensure requirements for the job. Here’s how to… Read more

How to Find Success in Your First Year as an Appraiser

As a real estate appraiser, you have the most important role in the property-buying process. Without you, sellers can’t sell their homes and buyers can’t buy them. Now that you’ve completed your training and are gainfully employed. So far, so good. Here are some tips to make sure you flourish in your first year as… Read more

Hondros College Announces Acquisition of Ohio Real Estate School

COLUMBUS, OH (June 25, 2018) – Hondros College, a division of Hondros Education Group (HEG), announced today that it has acquired the Ohio Institute of Real Estate Studies (OIRES) in a partnership that will further unify real estate education in Ohio. Based in the Medina, OIRES will pool its talents with Hondros College to represent the largest real… Read more

Real Estate’s 12 Most Common Enforcement Issues

This week the Division of Real Estate issued its first newsletter since the Winter of 2016. Of note is a list of the 12 most common enforcement issues before the Division and recommendations on avoiding them. The list will aid brokers and salespersons in identifying areas of exposure in their practice and provide an opportunity… Read more

How an MLO Can Find Success in Their First Year

So you’ve passed the NMLS, received your certification and joined a brokerage. It’s official — you’re a mortgage loan officer! Your first year as an MLO will be a challenging one, but it’s nothing you can’t handle. You’ll close real loans, deal with the public and learn about new mortgage processes. It will be the… Read more

How Can a Home Inspector Use Drones?

Like a private detective in a true crime novel, a home inspector searches for clues. Mildew, damp, creaky roofs — a good inspector has a knack for finding all the hidden evidence that could impact the price of a property – smart houses included. Now, these professionals are using aerial vehicles in their inspections. Drone technology… Read more

Does Your Referral Fee Violate RESPA?

Ohio law permits real estate licensees to pay referral fees to real estate licensees licensed in another state or country. Conversely, licensees are prohibited from paying referral fees to unlicensed entities. When paying a referral fee, care should be taken to confirm that: The referral is reduced to a written agreement The recipient of the… Read more

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