The following opinions are written by the agents, brokers and staff of AREC, and as such, do not constitute legal opinion or advice. For that, contact an attorney (we can help you find one). As in life, matters in real estate are often not always black and white, but we’ll strive to be as clear and concise as possible, and to ground our responses within the context of our local market whenever possible. For really thorny questions, we may invite opinions from local real estate attorneys and other real estate professionals.
We actually have quite a few buyers looking in earnest right now. Mortgage rates are still low, and prices are rising – this info is in all the national news. For those planning to buy, this is not lost on them. Motivated buyers are getting into the market now!
Also since Ohio University switched to semesters this year, staff and faculty recruiting is in high gear right now. Second semester ends in early May instead of early June so our whole selling season is going to probably happen earlier by at least 1 month. If you plan to sell in the next few months, let’s talk very soon and get the ball rolling!
A real estate broker has been and may still be a sales agent, but in addition he/she has acquired a required level of transactions, taken additional training, and passed the state broker’s exam. A broker can work independently and can also supervise sales agents who work under his/her broker’s license.
All sales agents and brokers are required by The Ohio Division of Real Estate to complete 30 hours of continuing education every 3 years (including legal, ethics, and fair housing courses) in order to maintain a professional state real estate license.
A REALTOR (actually a trademarked term by the National Association of REALTORs) is a sales agent or broker who belongs to the local, state (OAR), and national associations of REALTORs, and who has taken required ethics training, and adheres to the national code of ethics.