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Momentum to Increase Commission Transparency

Blog, Real Estate

The Consumer Federation of American (CFA) has released a report, which estimates only 32% of Americans know a typical commission for a real estate agent. The CFA is an association of non-profit consumer organizations aiming to advance consumer interests through research, advocacy and education. The CFA report studied 263 agent/broker websites in four cities, included… Read more

What the MLS Clear Cooperation Policy means for Off-Market Listings

Blog, Real Estate, Resources

The National Association of Realtors (NAR) has adopted a rule change that will require all members to submit their listings to the multiple listing service (MLS) within one business day of marketing the listing to the public. The rule change was prompted by MLS members hoping to generate more exposure in the marketplace for listings,… Read more

Preparing for a Possible Recession

Blog, Real Estate, Resources

It’s hard to turn on the news without hearing economists debate when the next recession will rear its head. As a consumer, preparing for a recession can be difficult. The economy has grown steadily for years, but experts are trying to understand whether the U.S. economy is headed for a full-blown economic recession or just… Read more

Congrats to Our November 2019 Instructor of The Month – Starla McCollum

Blog, Real Estate

We’re happy to announce the winner of November 2019’s Instructor of the month – Starla McCollum! Starla has been working with us for over two years and loves Hondros’ “welcoming and supportive staff.” She was originally drawn to work at Hondros when a co-worker at her insurance company suggested she apply. Starla relished “the opportunity… Read more

How to Manage a Busy Real Estate Season

Blog, Real Estate, Resources

As a real estate agent, it is important to understand seasonal trends in the housing market. Research from CNBC shows that homes are usually less expensive in the fall and winter months, but spring and summer typically show a larger inventory that tends to sell faster and for more money. Understanding when is the best… Read more

Division Delays Home Inspector Licensing

Blog, Home Inspection, Real Estate

In a statement issued October 11, 2019, the Division of Real Estate advised that it will not enforce the November 1, 2019 licensing deadline for new home inspectors. The Ohio Home Inspector Program will be on hold until the Division adopts new administrative rules for the program, which are currently pending. The administrative rules, a… Read more

Alumni Success Story: Catching Up with John Lestina

Blog, Real Estate, Resources, Student Success Stories

From taking his real estate courses online while deployed in Puerto Rico, to his first successful year in his real estate career – we had the pleasure of catching up with John Lestina! For a refresher on John’s journey, check out our initial interview when he was just starting out in the real estate industry…. Read more

Evaluations: Appraisal Foundation Releases Concept Paper

Appraisal, Blog

According to the Appraisal Foundation, requests for evaluations are on the rise. A concept paper on this subject is the discussion for the TAFAC meeting this October in Arlington, Virginia. The author is Wayne R. Miller, Chair of the Appraisal Standards Board. TAFAC is The Appraisal Foundation Advisory Council, which is composed of 60 non-profit… Read more

Congrats to Our October 2019 Instructor of The Month – Maria Taylor

Blog, Real Estate

We’re happy to announce the winner of October 2019’s Instructor of the month – Maria Taylor! Before working at Hondros, Maria was a Hondros alum, completing her real estate pre and post-licensing with us. She also won our Rookie Instructor award in 2016. “The site staff at the Fairborn campus” has been part of what’s… Read more

Using Broker Lien Law to Protect Commissions

Blog, Real Estate

Commercial Brokers have an added tool available for them to collect an outstanding commission. Ohio’s Broker Lien Law allows a broker to file an affidavit creating a lien against an owner’s property for the amount owed. The lien can then be foreclosed or paid when title transfers to a buyer. The amount of the lien… Read more

USPAP Frequently Asked Questions for Appraisal Part 1

Appraisal, Blog, Resources

These are questions most residential appraisers have asked themselves and wanted answers to – in a hurry. But the answers are in an unexpected place – the Frequently Asked Questions section of the USPAP document! Yes, that’s right. The huge section in the back of the USPAP document that you look at once a year,… Read more

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