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When Do Real Estate Agents Offer a Selling Bonus?

Blog, Real Estate

More and more, Realtors are seeing listing agents offering bonuses to buying agents if homes are placed under contract by a certain date. Bonus opportunities are not permitted to be mentioned in the “Public Remarks”. Rather, they can only be found in the “Broker’s Remarks”. This is a seller’s market and, with such a depleted… Read more

7 Ways to Show Your Clients You Appreciate Them

Blog, Real Estate

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

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

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

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

  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

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

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

Top 8 USPAP Myths

Appraisal, Blog

With many appraisers doing most of their work for lender-clients, they have become very familiar with the guidelines of Fannie Mae, Freddie Mac, and other programs’ underwriting rules. It’s common to confuse these guidelines with USPAP (Uniform Standards of Professional Appraisal Practice) requirements – so let’s take a look at how these can get misunderstood!… Read more

Forfeiture of Oil and Gas Leases

Blog, Real Estate, Resources

Consider this: in advance of closing, the title commitment reveals the existence of an oil or gas lease clouding title. Now what? The lessee is no longer in business or cannot be found and your client is unsure how to proceed. Your next step is to direct them to legal counsel because, under certain circumstances,… Read more

How to Create a Perfect Insurance Agent Elevator Pitch

Blog, Insurance, Resources

Imagine you could secure a new client in about the time it takes to ride an elevator, from the top floor to the bottom. An elevator pitch lets you do exactly that. It’s a brief synopsis of your background, skills, and experience in the insurance sector. Do it right, and you’ll win over a new… Read more

Have a question? Call us at 1-888-HONDROS or chat with us. We’re here to help!


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