Real estate licensees work hard for every dollar they earn. But commission issues can be the source of disputes with clients and other real estate licensees. Ohio license law, the MLS rules and contract law can all play a part in these situations, as well as ethical implications.
In this fast pace webinar, you’ll learn the dos and don’ts to make sure you don’t work for free! From referral fees, rebates and FSBOs, to procuring cause disputes with other brokerages, this webinar will help you lock down your right to a commission. Because everyone wants to get paid for their work, right?
Click here to be a part of a special, “don’t miss” webinar — on Sept. 8 from 1 to 2 p.m. — featuring OAR Legal Counsel Peg Ritenour!
In the most recent issue of Ohio REALTOR magazine (Issue Ten/Summer & Fall 2016), an article written by Peg Ritenour was published entitled “The real facts about House Bill 532.” That article was also published in the “OAR Daily Buzz.” In that article, Ms. Ritenour incorrectly answered two of the questions that she characterized as “frequently asked questions.” Those questions and the corrections are below.
Q: Who has testified about their concerns about the pre-licensing distance education?
Ms. Ritenour answered that question “Hondros College of Business and a handful of brokers.” That is incorrect. The Executive Director of the State Board of Career Colleges and Schools also testified about the State Board’s concerns about pre-licensing distance education under HB 432, expressing, on behalf of the State Board, the same concerns that Hondros College of Business expressed.
Q: What is Hondros College opposed to?
Ms. Ritenour answered “Hondros wants to require that all pre-licensing courses be taken for credit.” That is also incorrect. The Hondros College of Business has never taken that the position that HB 532 should be taken for college credit. To the contrary, on May 17, 2016, Linda Hondros, the CEO of Hondros College of Business, testified on behalf of the College before the House Commerce and Labor Committee as follows: “We understand not all students, or even most, will take the courses for credit.”
Hondros College of Business is opposed to the language in HB 532 that defines “credit-eligible courses” to include both courses that are “credit bearing” and “non-credit bearing.”
By “Coach” Marilou Butcher Roth
OK, this is funny! Today is my birthday — well, that’s not the funny part! Yesterday, in thinking about my topic for this week I had something all planned out. And then…I typed the date and realized my blog post would be out on my actual birthday and couldn’t pass up the opportunity to have some fun with that!
Birthdays have always been special to me, I find them to be a fresh start of sorts — beginning a new year with new adventures. For many years on my birthday I have scheduled fun and nurturing activities, typically a massage or a similar pampering event.
So…it is probably not your birthday today, but I am wondering how you celebrate yourself on an ongoing basis. How do you nurture and care for your physical and emotional well being? We can so easily get into the grind of everyday demands that taking excellent care of ourselves can often go by the wayside, feeling something or someone else requires our time and attention.
Well, I am here to tell you that finding ways to take care of and celebrate yourself will bring you to greater success within all walks of your life! Think of yourself as a savings account — if you are not making regular deposits, there will not be anything to give. It just makes good sense when you think about it, doesn’t it?
So today, along with me, find a way to celebrate YOU! It might be just taking a few minutes to relax in between appointments. Or, perhaps you have a book you have been wanting to start. It doesn’t need to be a hugely time consuming event. It merely requires your commitment to ramp up your self care. From there, ideas will come!
Enjoy your celebration! I know I will!
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
Would you enjoy a cruise through the Caribbean islands? Perhaps a long weekend of shopping, shows and dining in New York City? Or is a white sandy beach and the relaxing sound of the surf more your speed?
One lucky Ohio REALTOR will get to select a $2,000 getaway adventure of their choosing during the upcoming OAR Annual Convention & Expo, Sept. 19-21, in Cleveland.
To be entered in to the getaway package drawing, generously presented by First Federal Lakewood, all you need to do is register for the Convention — either a full or one-day pass. It’s that simple!
So not only will be you gain access to an action-packed gathering on the shores of Lake Erie — complete with top-notch continuing education from the nation’s leading instructors; parties and social events; networking opportunities; a keynote featuring Tom Ferry, one of the most influential people in real estate; a must-see trade show; and much more — but you’ll also have a chance to win a $2,000 gift card from AAA travel.
Click here for complete details on the giveaway rules and eligibility, as well as see all the excitement planned for the OAR Convention & Expo in Cleveland!
By Carl Horst, OAR Director of Publications/Media Relations
The number of homes sold across Ohio in July declined a negligible 1.1 percent from the level posted during the month a year ago, the market’s first monthly year-to-year rate drop in 22 months, according to the Ohio Association of REALTORS.
Additionally, home sales activity in July decreased 2.7 percent from the level reached in June 2016.
“Despite the slight drop in monthly home sales activity, the marketplace remains strong as the rate of sales during July reached the month’s second-best mark since we began recording data in 1998,” said OAR President Sara Calo. “After nearly two years of unabated growth we have built a solid foundation for Ohio’s housing sector, one that is able to withstand the normal ebbs and flows that occur in the marketplace.”
“Equally important, the market is continuing to experience a steady, modest rise in the average sales price.”
July’s average home price of $173,091 reflects a 3.4 percent increase from the $167,433 mark posted during the month last year.
Sales in July reached a seasonally adjusted annual rate of 146,746, a slight 1.1 percent decline from the best-ever 148,346 level reached during the month a year ago.
The market also experienced a 2.7 percent drop in sales from the June’s record-setting seasonally adjusted annual rate of 150,880.
Around the state, 10 of the 18 markets tracked reported upswings in average sales price. The rate of home sales dropped in 17 markets compared to July 2015.
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 more than 29,000 members, is the largest professional trade association in Ohio.