Jessica Edgerton, NAR Associate Counsel, discusses steps you can take to protect your website from infringement claims by employing a “safe harbor” that exists in federal law.
Published with permission from the National Association of REALTORS.
OAR President-elect Greg Hrabcak was a recent featured guest of Justin Lamontagne’s Commercial Real Estate Elite: Broker to Brokers podcast.
Hrabcak reviewed his entry into the world of real estate following his graduation from The Ohio State University and key moments in his development as a successful commercial real estate practitioner — from the benefits of ongoing educational development to fostering collaborative relationships with his peers in the commercial and residential sector. He also addressed the relevancy of the REALTOR organization in protecting the interest of the profession and property owners.
A sampling of Hrabcak’s advice:
- Get involved early on with educational opportunities
- “The people in my industry are not my competitors but my contemporaries
- “The highs are very high and the lows are very low” – have a short memory and always move forward
- “Persistence pays off”
Commercial Real Estate Elite: Broker to Brokers podcast offers state-by-state interviews, bringing you real life brokerage strategies and resources used by America’s top commercial real estate agents. Each week Justin Lamontagne helps uncover tools, tips and techniques straight from top performing commercial agents to help you stand out in this highly-competitive field. By a broker. With brokers. For brokers. Click here for a complete list of episodes, including an opportunity for a free subscription.
By Greg Stitz, OAR Director of Research
A majority (56 percent) of respondents have seen an increase in multiple offers over the past six months, according to findings from OAR’s October housing confidence survey. Of those indicating an uptick, 12 percent have seen multiple offers increase a lot and 44 percent have seen multiple offers increase somewhat. Only 14 percent have seen multiple offers decrease and 30 percent have noticed no change.
Survey results are based on responses to a monthly survey, designed to capture the effects of the existing economic conditions and trends on the real estate industry, sent to a pool of 1,500 OAR participants. Click here to participate in future OAR Housing Confidence Surveys.
Peg Ritenour, vice president of legal services/administration for the Ohio Association of REALTORS, provides a timely refresher of Ohio’s Residential Property Disclosure Form, detailing:
- When the form is required;
- What transactions are exempt from use of the form;
- What to do if a seller refuses to complete the form;
- What the rescission rights are.
Click here for more information on the Residential Property Disclosure Form, including an OAR-produced chart showing when its necessary and when it’s not, an exemption waiver form and white paper.
By Carl Horst, OAR Director of Publications/Media Relations
The number of homes sold across Ohio in September increased 2.8 percent from the level posted in August, according to the Ohio Association of REALTORS.
Home sales activity in September 2014 rose a slight 0.3 percent from the level reached during the month a year ago.
“Through the three-quarter mark of 2014 the Ohio housing market has been able to display modest stability in the overall level of sales activity and healthy growth in pricing,” said OAR President Chris Hall. “It’s evident that we’re continuing to make significant progress in re-establishing a solid foundation for the state’s housing sector. Throughout the year, our marketplace appears to have settled into a more traditional cycle, with minor variances in activity levels due to current market factors.”
September’s average home price of $150,939 reflects a 6.8 percent increase from the $141,316 mark posted in September 2013.
Sales in September reached a seasonally adjusted annual rate of 134,397, increasing 2.8 percent from the 130,745 level posted last month. The market also experienced a 0.3 percent increase in sales from September’s 2013’s seasonally adjusted annual rate of 134,032. Sales during September 2014 reached the highest level for the month since 2006.
Around the state, 15 of the 20 markets tracked reported increases in sales activity levels or remain unchanged during the month. All but three local markets showed an increase in average sale price.
Home sales during the third quarter of 2014 were up from the first and second quarter, but down from the same period a year ago. Specifically, third quarter 2014’s seasonally adjusted annual rate reached 129,319, a 10.9 percent increase from the first quarter mark of 116,660 and a 1.7 percent rise from the second quarter activity level of 127,178. Sales activity in the marketplace during the quarter declined 4.4 percent from the third quarter 2013 level of 135,255. Third quarter 2014 dollar volume of $5.9 billion is up 2.7 percent from the same period last year.