Blog
Division of Real Estate Releases Mid-Year Discipline Summaries
Blog
September 6, 2019 |
The Division of Real Estate has released discipline summaries for enforcement cases before the Real Estate Commission from January through May of 2019. During the first five months of this year, the Commission revoked 9 licenses and issued some combination of suspensions, fines, and education against 15 licensees. The Commission also issued civil fines against… Read more
Congrats to Our September 2019 Instructor of The Month – Ron Eatmon
Blog, Real Estate
September 4, 2019 |
We’re happy to announce the winner of September 2019’s Instructor of the month – Ron Eatmon! On top of working with the Hondros family for nine years, he started his own insurance agency in Columbus 20 years ago – now that’s an experienced instructor! Ron first learned about Hondros during an Open House event and… Read more
Navigating the Statute of Frauds
Blog, Real Estate
August 30, 2019 |
Generally, a statute of frauds is a law that requires certain types of contracts to be in writing and signed by the parties. Although laws vary from state to state, it is nearly universal that contracts involving the sale of real estate have to be in writing. If the contract is not in writing, then… Read more
Is the Appraisal Management Company (AMC) Model Broken
Appraisal, Blog
August 29, 2019 |
It’s a common subject in appraiser forums, chat rooms, and Facebook pages – a discussion of the pros and cons of working with appraisal management companies (AMC). For those appraisers who have been appraising long enough to have only worked with “direct lenders”, the desire for the “good old days” is strong. Let’s take a… Read more
7 Ways to Show Your Clients You Appreciate Them
Blog, Real Estate
August 23, 2019 |
As a small business owner, it’s important for you to thank your clients for their business. Thanking customers show them that you really do appreciate them for doing business with you. It can also help you to generate future business at the same time. Thanking your customers in unique ways help ensure that the customers… Read more
New Appraisal Law Benefiting the Consumer
Blog
August 22, 2019 |
New York state’s law regulating appraisal management companies recently became active and its contents are big news in the appraisal world. This is mainly due to it requiring transparency regarding the fees paid to appraisers, a big step in advocating for consumer interests. The New York State AMC law was proposed in 2015, introduced as… Read more
UPDATED: Licensing Fee Increases and More in New Ohio Budget Bill
Blog, Real Estate
August 21, 2019 |
As part of the 2019-2020 budget, many of the fees the Division assesses to real estate licensees for applications increased. Also included in the budget were changes to fingerprinting requirements for Ohio applicants for licensure and clarification on real estate transactions for medical marijuana. Some of the proposed fee increases are as follows: New Fingerprinting… Read more
What to Look for in a Pre-Drywall Inspection
Blog, Home Inspection
August 15, 2019 |
Home inspection is an essential part of the construction process. A high-quality build should have a thorough review before the team hangs the drywall. That’s to make sure everything is up to code and meets the developer’s standards. Drywall can hide many deficiencies in the beams, insulation and other foundational parts of the home. This… Read more
Congrats to Our August 2019 Instructor of The Month – Jon Bradfield
Blog, Real Estate
August 14, 2019 |
We’re happy to announce the winner of August 2019’s Instructor of the month – Jon Bradfield! Having been a part of the Hondros family for three years, he first heard about Hondros from other realtors. Jon cites his favorite aspect of his work is “the people!” This selfless instructor greatly values the knowledge and… Read more
First-Time Homebuyer Savings Accounts Become Closer to Reality in Ohio
Blog, Real Estate
August 9, 2019 |
A first-time homebuyer is a buyer that has not owned a property in the last three years. With the tightening of lending requirements after the mortgage crisis and increasing costs of housing, many first-time homebuyers have trouble saving for a down payment on a home. The legislation is currently pending in Ohio that would create… Read more
Best e-Signature Tools for MLOs
Blog, Mortgage Lending
August 8, 2019 |
Mortgage loan originators play an important role for prospective homeowners. These are the agents that make the buying process free of undue stress. Initiatives that make the document signing process easier to reduce administrative burdens on MLOs and result in more happy clients. One such example is an e-signature tool, which saves time and paper… Read more
