Brokers… Do you know what your agents are doing?
One of the components of the new license law provisions that became effective on April 6 is a requirement for each brokerage to identify at least one principal broker who is responsible for the activities of the brokerage. HB 532 also clarifies the duties required of the principal broker. Among these duties is the obligation to oversee the activity of affiliated licensees. This duty has been expanded to impose a duty on the principal broker to assure that their affiliated licensees are only providing real estate services within their area of competency, unless they are working with another affiliated licensee who possesses such competency.
(May 8, 2017, OAR Buzz)
OAR’s webinar on Ohio’s new license law changes now available!
OAR’s major legislative initiative — HB 532 — set to take effect on April 6. The organization hosted a webinar last week to provide insight on the implications of the new license law. During the hour-long program, Peg Ritenour, OAR vice president of legal services/administration, provided Ohio’s brokers, managers and agents with details on how the law will impact the profession.
(March 7, 2017, OAR Buzz)
Legally Speaking: Is it ok for my buyer to video a property?
(Jan. 25, 2016, OAR Buzz)
Legally speaking: Can I talk to another REALTOR’s seller about taking a listing?
(Jan. 12, 2016, OAR Buzz)
Legally Speaking: Can an agent promote themselves as Jane Doe Realty?
(Nov. 2, 2015, OAR Buzz)
Legally Speaking: Can I Pay an Attorney a Commission? (Please say no!)
(July 13, 2015, OAR Buzz)
Legally Speaking: Rent-a-broker arrangements put broker’s license in jeopardy
(May 18, 2015, OAR Buzz)
Legally Speaking: Do you need a special license to ‘sell’ a business?
(Nov. 18, 2014, OAR Buzz)
Legally Speaking: Can I market a home for sale before the owner actually owns it?
(Oct. 27, 2014, OAR Buzz)
Legally Speaking: TEAMS…Are you complying with license law?
(Oct. 6, 2014, OAR Buzz)
Legally Speaking: Common commission issues
(Sept. 29, 2014, OAR Buzz)
Legally Speaking: Don’t let divorcing sellers get you in hot water
(Aug. 18, 2014, OAR Buzz)
I’m moving to a new brokerage…so, can I take my listings with me?
(July 14, 2014, OAR Buzz)
Ohio Division of Real Estate: Preparing for brokerage audits
(April 14, 2014, OAR Buzz)
Are agents required to buy, sell or lease their property with their brokerage?
(July 8, 2013, OAR Buzz)
Websites & compliance with Ohio license law
(June 3, 2013, OAR Buzz)
Rebating your commission to a buyer or seller: legal or illegal?
(Sept. 17, 2012, OAR Buzz)
License law requirements for handling earnest money
(July 30, 2012, OAR Buzz)
New OAR Backed Legislation Limits REALTOR Liability (OR: Sept. 2011)