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E&O Policy Claim Dismissed: Statute of Limitations

Blog, Insurance

The Ohio Supreme Court recently issued a decision clarifying when the statute of limitations starts to run for claims against insurance companies regarding professional liability insurance policies. The case stems from a real estate company’s lawsuit against their insurance agent for negligence in failing to procure an appropriate E&O policy for the brokerage and negligently… Read more

How to Grab Attention with Digital Property Listings

Blog

Each day in the United States, 14,027 houses are sold. As a real estate agent, you likely want part of that “pie.” However, with so much competition in this industry, standing out and having your listing noticed above others is extremely challenging. The good news is there are strategies and tactics you can use to help… Read more

How Zillow is Entering the Mortgage Lending Business

Blog, Mortgage Lending

Zillow promises to be a one-stop shop for homebuyers if its announced acquisition of Mortgage Lenders of America goes through. The August 6, 2018 announcement heralds a new integration for real estate giant, Zillow. Already strong in buying, selling, and renting homes, apartments, and condominiums, the real estate clearinghouse has always advised prospective customers on… Read more

Blockchain: The New Real Estate Frontier

Blog

The Franklin County Auditor’s Office recently announced a pilot project to use blockchain technology to transfer a real estate deed. Ohio is not the first state to explore the technology for real estate transactions. In July of this year, California became the first state to conduct a blockchain only real estate deal. Similar to the… Read more

Top Apps for Appraisers

Appraisal, Blog

If you are a home appraiser, you know all too well the importance of having the right tools. Taking advantage of the various tech tools available to appraisers can make your job a lot easier – and wow your clients. The following are some of the helpful apps that can be used by an appraiser…. Read more

Division of Real Estate Considers Regulation of Team Names

Blog

The Division of Real Estate has circulated a draft administrative rule to real estate industry stakeholders for review and comment. One such draft proposes to add restrictions on words a real estate team may include in their team name. Real estate teams have operated in Ohio for more than fifteen years, spending significant resources on… Read more

The Best Apps for Home Inspectors

Blog, Home Inspection

These days, it’s pretty clear that there’s virtually an app for everything. While there are quite a few games and “fun” apps to chose from, there are also apps designed with a specific function or purpose in mind. There are even some that are designed for specific business niches, such as home inspectors. Home inspectors are… Read more

Best Software for Mortgage Loan Officers

Blog

Mortgage Loan Officers (MLOs) are constantly looking for ways to stand out in a competitive industry. They need to improve their marketing efforts, reduce the time and resources required to process mortgage loans, and improve their customers’ experience. There’s no doubt that technology is the key to achieving those goals. This brief overview gives you… Read more

Real Estate Violations Caught on Camera

Blog

We’ve all been tempted, and maybe some of us have given in, to peak into a host’s medicine cabinet or under their sink. Not to steal anything, but just to be nosey. Hidden security cameras capture both the curious and the criminals and real estate licensees are no exception. With the popularity of indoor cameras comes… Read more

5 Essential Marketing Videos Every Real Estate Agent Needs

Blog

Nearly 50 percent of real estate buyers polled by Virtuets claimed that they look at virtual tours and other videos during the buying process. To be successful in the real estate industry, you must take advantage of the technology at your disposal. Setting yourself apart from the competition is the only way to attract new home… Read more

Pre and Post-Closing Possession Agreements

Blog

If you represent a buyer that requires immediate housing and wants possession prior to closing, consider a pre-closing possession agreement. The agreement is similar to a lease, whereby the parties agree to certain terms and conditions of the buyer moving in before the buyer actually purchases the property. As with any agreement, it is important… Read more

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