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When to Recommend Upgrades to Clients

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A listing agent is often asked by the seller, “What improvements should I make to the house to get the best price?” This puts the Realtor directly in the limelight as to his/her expertise in the area market and, going forward, may determine whether he/she will get future referrals from the seller based on performance…. Read more

Understanding Ohio’s New Foreclosure Procedures

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Gone are the days of bidding on a foreclosed property at a Sheriff sale on the courthouse steps. Ohio’s foreclosure procedures have been updated to comply with changes in the foreclosure law. The biggest change is any residential property that is ordered sold from a residential mortgage loan foreclosure, must be held online. Ohio has… Read more

Is Social Media The Next Big Thing In Recruiting?

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The recruiting industry surely has changed since its inception around the mid-1900s. However, it’s really not a surprise that today’s recruiting practices are being impacted by new technology. After all, the world of digital has found a way to change just about everything over the past 20 years or so. With that said, social recruiting… Read more

A New Threat To Residential Appraisals

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Here we go again! The latest push to weaken the protections that appraisals provide to consumers applying for mortgage loans. The Office of the Comptroller of the Currency has approved a notice that would raise the threshold for residential real estate transactions requiring an appraisal to $400,000. Prior to this proposed change, the threshold was… Read more

Exercise Caution When Communicating with Appraisers

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The situation is not unfamiliar. You represent a buyer that is in contract to purchase a home. Your client’s financing is contingent on the property appraising at or above the agreed upon purchase price. As your client moves through the steps necessary to close the transaction, you learn from your client’s lender that the property… Read more

When Should Your Clients Review Their Insurance Policies?

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Reviewing insurance is like servicing your car — it’s something you should do on a regular basis to save money in the long run. The problem is, most people don’t review their insurance policies at all. They still pay for policies from years ago and never shop around for the best deals. As an insurance… Read more

Demystifying Variable Square Footage

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One only needs to spend a few minutes browsing listings online to recognize wide variations in how square footages of property are listed. Some square footage listings match the County Auditor’s records and others grossly exceed that number by lumping together all living spaces in a property. A property with higher square footage may be… Read more

Best CRM For Your Real Estate Business

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In essence, the real estate business is all about developing and managing relationships. The most successful real estate agents really just how important it is to stay on top of their client’s needs. Each year, over 5 million pre-existing homes are sold in the United States. Nearly 90 percent of the people who sell their… Read more

How Loan Officers Can Build Trust with Realtors

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If you’re a mortgage lender or thinking of becoming one, it pays to build relationships with real estate agents. Real estate agents and mortgage lenders often work closely together. More than just showing potential places to live, realtors, and real estate agents help buyers throughout the entire process. That includes guiding them on how and… Read more

New Ohio Law Pertaining to Oil and Gas Land Professionals

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On December 19, 2018, Governor Kasich signed S.B. 263, which among other things, created an exemption for oil and gas land professionals from obtaining an Ohio real estate broker or salesperson license. The exemption was to address the Ohio Supreme Court’s recent ruling in Dundics v. Eric Petro. Corp. In that case, the Ohio Supreme… Read more

Congrats to Our January 2019 Instructor of the Month – Jackie VanDorn

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We’re happy to announce our first Instructor of the Month for 2019 – Jackie VanDorn! We got the chance to interview Jackie about her time at Hondros, what it takes to succeed in the real estate industry, and thrive as an instructor. This 2016 Instructor of the Year winner has been an active seller and… Read more

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