Resources
Agency Agreements Explained
Blog, Real Estate
July 26, 2019 |
As real estate agents continue to evolve in how they represent clients and how they are compensated, the types of agency relationships and agreements remain unchanged. Understanding the duties and obligations that come with each type of agency relationship is important when evaluating how your practice will advance in an ever-changing real estate landscape. Three… Read more
Alumni Success Story: Hasina Nelson
Blog, Real Estate, Student Success Stories
July 25, 2019 |
For 50 years, Hondros has educated some of the top real estate agents in Ohio. We are proud of our alumni and seek active relationships with them well after they pass their exams. We sat down with Hondros Alum, Hasina Nelson of Vylla Home and asked about her first year, so far, in the real… Read more
Ohio Federal Court Dismisses Foreclosure in Favor of Borrower
Blog, Real Estate
July 19, 2019 |
The U.S. District Court, Northern District of Ohio, Eastern Division, has issued a ruling that resulted in the dismissal of a foreclosure case against a borrower. The decision effectively allows the borrower to retain the property despite defaulting on the underlying $125,000.00 note. At issue in the case was the lender’s ability to demonstrate the… Read more
Who’s Paying? Disclosing Broker Transaction Fees
Blog
July 18, 2019 |
Almost every brokerage has a set transaction fee they contractually charge to both their sellers and buyers. The brokerage fee is designed to offset the cost of the overhead such as office supply expenses and the costs of the salary/hourly non-licensed employees. The broker transaction fee is a set fee, and, on average, they range… Read more
Congrats to Our July 2019 Instructor of The Month – Alfred Rosser
Blog, Real Estate
July 17, 2019 |
We’re happy to announce the winner of July 2019’s Instructor of the month – Alfred Rosser! He knew he had a special connection to the Hondros family right from the start! He took his real estate pre-licensing courses at Hondros in 2000! Alfred then joined our team of expert instructors in 2010. He relishes the… Read more
Real Estate Licenses on the Rise in Columbus Ohio
Blog, Real Estate
July 12, 2019 |
According to Columbus Business First, as of June 25th of this year, 612 real estate licenses have been issued in Central Ohio. “Today, there are more than 7,600 active agents across Central Ohio.” – Marque Bressler Preininger, Columbus Realtors Since the Great Recession ended, the median price for homes sold has been rising in Central… Read more
4 Things First-Time Buyers Look for in a Mortgage Loan Officer
Mortgage Lending, Real Estate, Resources
July 11, 2019 |
Thirty-three percent of all people who purchased a home in the United States in 2018 were first-time buyers (according to Statista), and many of these used a mortgage loan officer to finance their move. If you work in the mortgage or financial services industries, it is important to know what first-timers look for when applying… Read more
How Home Inspectors Help with Stairway Safety
Blog
July 10, 2019 |
Research shows that more than 1 million Americans injure themselves on stairways every single year, and more accidents happen on stairs than anywhere else in the home. This is why it’s crucial that you check stair safety when you inspect a property. Here are six ways to do it: 1. Check Lighting Poorly-lit stairs can… Read more
U.S. Supreme Court Issues Ruling Regarding Property Rights
Blog, Real Estate
July 5, 2019 |
Although not widely covered in the mainstream media, the U.S. Supreme Court has issued a ruling that overruled prior Supreme Court precedent that required a landowner to first exhaust property taking cases in state court before suing in federal court. The decision allows plaintiffs that believe a local government has taken their property, to sue… Read more
The Ohio Coalition of Appraisal Professional’s Summer Seminar 2019 Recap
Appraisal, Blog
July 3, 2019 |
The Fawcett Center at the Ohio State University was a busy place on June 19th, as a line-up of well-known speakers shared information with a huge audience of appraisers at the annual Summer Seminar, sponsored by the Ohio Coalition of Appraisal Professionals. A highlight of the day was the announcement of the winner of the… Read more
Appellate Court Limits Slander of Title Claim
Blog, Real Estate
June 28, 2019 |
Slander of title is a civil claim for damages resulting from the publishing of false information about real property, such that the property is disparaged, or its title is clouded. For example, at its simplest terms, if a person records an affidavit with the county recorder, specifying the person has a legal or equitable interest… Read more
