Coaching Corner: Stop…drop…roll

By “Coach” Marilou Butcher Roth

One of my intentions in coaching is to provide clear and easy tools to assist you in creating a more fulfilling life, both professionally and personally. We all have a tendency at times to make things more difficult than they need to be. OK, perhaps I am speaking only of myself, but I am guessing there are others out there who have similar experiences.

Today, bring to mind a recent situation that occurred for you that felt challenging or upsetting — basically, something happened that you did not like! What did you do when it happened? How did you react? Did you speak words that looking back you wish you could cancel out? Let’s explore the possibility of how to create a more “easeful” experience around those situations.

During a group coaching session earlier this week, I was explaining this particular tool and wanting to put it into a form that the group might remember and be able to access at a moments notice, and this is our result:

STOP — When a situation occurs that generates discomfort of some kind for you…STOP! Before you have a reaction of saying something you wish you had not or perhaps before leaving abruptly…STOP!

DROP — Now, notice what is happening for you, i.e. DROP inside yourself to determine what you are feeling. It might be anger, sadness, fear — or milder versions of these emotions such as frustration, disappointment or anxiousness. Or, you might be aware of a body sensation of some kind — perhaps you notice that your jaw is clenched or your stomach is tightening up. Just notice and allow that feeling to be there without judgment about it.

ROLL — Once you have awareness as to what you are feeling, ask yourself if there is an action that needs/wants to be ROLLED out. Is there a conversation you need to have or do you just need to spend some time to be with yourself and the situation? Trust your inner guidance and act accordingly.

Stop, drop and roll are words that we know in relation to when a fire occurs and now, when another type of fire occurs, you will be able to access the same grouping to bring you to an easier space for yourself.

Enjoy the holiday weekend!!!

 

Marilou Butcher Roth is the owner of The MBR Group, a coaching and training company working primarily with REALTORS who have a desire to work and live from a more inspired place. She is also the Broker/Owner of Group REALTORS in Cincinnati.

Marilou is a member of the OAR Board of Directors and past chairman of the organization’s Communications Committee. Feel free to contact Marilou to see if coaching is right for you: Marilou@mbr-group.com

 

Tags: Coaching Corner, training

Home sales activity across Ohio remains strong in April

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By Carl Horst, OAR Director of Publications/Media Relations

The number of homes sold across Ohio in April rose 12.1 percent from the level posted during the month a year ago, the market’s eighth consecutive monthly year-over-year gain, according to the Ohio Association of REALTORS.

Additionally, home sales activity in April increased 2.3 percent from the level reached in March 2015.

“Homes sales activity throughout the Buckeye State remains robust, as our sales totals reached the highest level for the month since 2006,” said OAR President Greg Hrabcak, “Equally important, the marketplace is experiencing a continued, steady rise in the average sale price. This is a clear indication that consumers are regaining confidence that housing is a solid long-term investment.”

April’s average home price of $148,270 reflects 2.2 percent increase from the $145,100 mark posted during the month last year.

Sales in April reached a seasonally adjusted annual rate of 137,089, a 12.1 percent gain from the 122,244 level during the month a year ago. The market also experienced a 2.3 percent rise in sales from March’s seasonally adjusted annual rate of 134,031.

Around the state, 16 of the 20 markets tracked reported upswings in sales activity levels. The average sales price increased in 12 markets.

Data provided to OAR by Multiple Listing Services includes residential closings for new and existing single-family homes and condominiums/co-ops. The Ohio Association of REALTORS, with nearly 28,000 members, is the largest professional trade association in Ohio.

Click here to view OAR’s seasonally adjusted Ohio home sales report. To access a market-by-market analysis of sales activity throughout Ohio, click here.

Tags: home sales, research

Ohio legal seminar coming to a locale near you!

IndustryUpdates

A don’t miss session that offers you the latest news regarding state and federal regulatory issues, legal issues including license law updates and changes and legal case updates to assist you in risk reduction.

The 2015 Industry, Legal & Legislative Update Seminar Series — presented by OAR’s legal team of Peg Ritenour and Lorie Garland — is approved for 3 hours of core law education credit and will be coming to a locale near you:

  • June 2 — Dayton, 1-4:15 p.m.
  • June 4 — Cincinnati, 1-4:15 p.m.
  • June 9 — Cambridge, 1-4:15 p.m.
  • June 15 — Perrysburg, 1-4:15 p.m.
  • June 17 — Columbus, 9 a.m.-12:15 p.m.
  • June 17 — Broadview Heights, 1-4:15 p.m.

Click here for more information, as well as an opportunity to register in advance and save $10!

Tags: Association news, legal, politics, professional development

Ohio Market Watch: Early spring sales activity better than last year

By Greg Stitz, OAR Director of Research 

Nine percent more Ohio REALTORS in April 2015 than in April 2014 report their level of early spring sales activity is higher than normal. 39 percent of Ohio REALTORS responding to April’s Ohio REALTOR Housing Confidence Survey indicate their level of early spring sales activity, since the weather has shown signs of improving, has been higher than normal. Last year the response was 30 percent. 49 percent are experiencing normal early spring activity this year, the same as last year. 12 percent are experiencing lower than normal activity this year compared to 21 percent last year.

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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

Tags: Ohio Market Watch, research

Legally speaking: ‘Rent-a-broker’ arrangements put broker’s license in jeopardy

By Peg Ritenour, OAR Vice President of Legal Services/Administration

The OAR Legal Assistance Hotline receives an array of real estate-related legal questions — including license law issues, disclosure, contract law, ethics and commission problems, among others. In an effort to help you work within the law, our “Legally Speaking” series spotlights some of the timely questions that are being asked by REALTORS. This one involves problems brokers could face if they aren’t performing responsibilities stipulated by Ohio License Law… 

Q: I have been contacted by a property management company that wants to hire me to act as the broker. According to this company, I really wouldn’t be required to do much, as they have their own staff who actually performs the property management functions. However they need a broker of record in order to comply with Ohio licensing laws and would pay me a monthly fee to affiliate with the company as its broker. Do you see any concerns with this type of arrangement?

A: Yes! Depending upon the nature of your duties, this situation could potentially put you at risk of being disciplined by the Ohio Division of Real Estate and Professional Licensing for participating in what is referred to as a “rent- a-broker” arrangement. Under such an arrangement, a broker basically “leases” his license to an entity for the sole purpose of allowing that entity to obtain an Ohio real estate brokerage license. If the broker performs the duties required of a broker under the license law, there is no problem with such an arrangement. However, if the broker isn’t performing those duties, the broker could be subject to disciplinary action, including a suspension or even revocation of his broker’s license.

The pertinent section of the license law is Ohio Administrative Code Section 1301:5-1-14. It provides that it is misconduct for any broker to enter into any arrangement whereby the broker lends his or her name or license for the benefit of another person, firm or corporation. It specifies that this includes any arrangement whereby a broker fails to personally oversee and direct the operations of the business of which he or she is licensed as the sole broker.

Before entering into an agreement with an entity to act as its broker, it is important to have a clear understanding of what your duties will be as the broker to assure that you are not violating the above provision. To comply with the license law, the Division of Real Estate and Professional Licensing considers the following to be the responsibilities of the broker:

  • Overseeing the operations of the brokerage, including compliance with trust account, advertising, record keeping and office requirements;
  • Supervising affiliated salespersons, paying agents their earned commissions in a timely manner and assuring that no unlicensed persons are performing licensed activities;
  • Developing the brokerage’s policy on agency; and
  • Renewing and maintaining licenses.

Therefore, if your agreement to serve as the broker includes overseeing the operations of the brokerage, including the above functions, there is certainly no problem with such an agreement. If on the other hand, you are not going to be actively involved and won’t be performing these duties, then you would be in violation of the license law and would be placing your broker’s license in jeopardy.

More information on the role of the broker can be found in OAR’s Broker Toolkit.

Tags: legal, Legally Speaking

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