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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

9 Top Ideas for Promoting Your Business Website

Blog

So you’ve created a website for your budding business? Great! A business website is a fundamental marketing tool in today’s world. The next step is getting people to find it. Gaining web traffic is one of the biggest challenges cited by business owners, but fear not! There are lots of ways to get eyeballs on… Read more

IRS Ruling Cites the Uniform Standards of Professional Appraisal Practice

Appraisal, Blog

According to a press release from The Appraisal Foundation, the Internal Revenue Service (IRS) has issued a new rule. The Substantiation and Reporting Requirements for Cash and Noncash Charitable Contribution Deductions rule explains how these contributions should be valued. Take note; this rule mentions the Uniform Standards of Professional Appraisal Practice (USPAP) of The Appraisal Foundation. The Foundation’s… Read more

Ohio Commences Regulation of Appraisal Management Companies

Blog

An appraisal management company is a business that manages or coordinates appraisers and their provision of appraisal services to lender clients. Although the regulation of appraisal management companies is not new nationally, it is to Ohio. In 2015, various federal financial agencies enacted a final rule to implement state requirements for the registration and supervision… Read more

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