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1. • Peter McLinden

     • Peter McLinden (President)
     com.ohio.gov/wps/portal/gov/com/divisions-and-programs/real-estate-and-professional-licensing/about-repl/ohio-real-estate-commission

     Ohio Real Estate Commission

2. People also ask

   What is the Ohio real estate commission (OREC)?

   • The Ohio Real Estate Commission (OREC) is a five-person commission that reviews hearing examiner reports and settlement agreements each month regarding alleged real estate license law violations and considers licensee appeals on licensure issues.

   Ohio Real Estate Commission | Ohio Department of Commerce

   com.ohio.gov/wps/portal/gov/com/divisions-and-programs/real-estate-and-professional-licensing/about-repl/ohio-real-estate-commission

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   Do real estate agents get a commission if they sell a home?

   • When it is exclusive, the real estate agent has the right to a commission irrespective of who sells the home. When it is non-exclusive, the real estate agent will only get a commission if they sell the home. In addition, the agreement must list the amount and manner the agent will be paid in the event you work with them to purchase a property.

   FAQs on Buyer Representation Agreements - Ohio

   com.ohio.gov/divisions-and-programs/real-estate-and-professional-licensing/consumers/faqs-on-buyer-representation-agreements-real-estate-law-updates-and-commissions

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   What is the Ohio Division of real estate & professional licensing?

   • The Ohio Division of Real Estate and Professional Licensing is committed to providing Ohioans with the information they need to successfully navigate the process of buying and selling a home.

   FAQs on Buyer Representation Agreements - Ohio

   com.ohio.gov/divisions-and-programs/real-estate-and-professional-licensing/consumers/faqs-on-buyer-representation-agreements-real-estate-law-updates-and-commissions

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   Should Ohio establish standards for real estate contracts?

   • “It is vital that Ohio establishes standards for these agreements so that both the real estate professional and the buyer have a transparent understanding of the services being provided, compensation and the responsibilities of both parties,” said Schmidt in testimony submitted for the legislation’s first hearing on April 9.

   How a new bill would change buying a home in Ohio

   www.nbc4i.com/news/local-news/real-estate/how-a-new-bill-would-change-buying-a-home-in-ohio/

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   Can a seller offer compensation on an MLS?

   • Sellers can still offer compensation off an MLS. Sellers can offer buyer concessions on an MLS (for example—concessions for buyer closing costs). Things to know as a home buyer or seller:

   What the NAR Settlement Means for Home Buyers and Sellers

   www.nar.realtor/the-facts/what-the-nar-settlement-means-for-home-buyers-and-sellers

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   Can a real estate professional offer compensation off an MLS?

   • There are also changes to how and where real estate professionals may communicate with each other about offers of compensation. These offers are no longer allowed on Multiple Listing Service (MLS) platforms. Sellers can still offer compensation off an MLS.

   What the NAR Settlement Means for Home Buyers and Sellers

   www.nar.realtor/the-facts/what-the-nar-settlement-means-for-home-buyers-and-sellers

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3. www.nbc4i.com › news › local-newsHow a new bill would change buying a home in Ohio

   www.nbc4i.com › news › local-news

   • Cached

   Apr 26, 2024 · COLUMBUS, Ohio (WCMH) — Legislators are advancing a bill to change the way a home is sold in Ohio, after the leading national real estate trade group settled a series of lawsuits that could...

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5. www.nar.realtor › magazine › real-estate-newsCompensation, Commission and Concessions

   www.nar.realtor › magazine › real-estate-news

   • Cached

   Aug 13, 2024 · Compensation, Commission and Concessions. Each identifies a unique method for how consumers will pay for your real estate services. Understand how they are and aren’t defined under real estate practice changes.

6. codes.ohio.gov › ohio-revised-code › section-4735Section 4735.03 - Ohio Revised Code - Ohio Laws

   codes.ohio.gov › ohio-revised-code › section-4735

   • Cached

   Oct 3, 2023 · Effective: October 3, 2023. Latest Legislation: House Bill 33 - 135th General Assembly. PDF: Download Authenticated PDF. There is hereby created the Ohio real estate commission, consisting of five members who shall be appointed by the governor, with the advice and consent of the senate.

7. com.ohio.gov › divisions-and-programs › real-estateFAQs on Buyer Representation Agreements - Ohio

   com.ohio.gov › divisions-and-programs › real-estate

   • Cached

   When it is exclusive, the real estate agent has the right to a commission irrespective of who sells the home. When it is non-exclusive, the real estate agent will only get a commission if they sell the home.

8. ohiohouse.gov › news › republicanOhio House Passes Bill to Set Statewide Standards for Real ...

   ohiohouse.gov › news › republican

   • Cached

   May 9, 2024 · COLUMBUS—The Ohio House of Representatives yesterday passed House Bill 466, legislation to establish minimum standards for written real estate representation agreements between a real estate brokerage and its clients, announced bill sponsor, State Rep. Jean Schmidt (R-Loveland).

9. www.nar.realtor › the-facts › what-the-narWhat the NAR Settlement Means for Home Buyers and Sellers

   www.nar.realtor › the-facts › what-the-nar

   • Cached

   May 24, 2024 · On March 15, The National Association of REALTORS® (NAR) reached an agreement with plaintiffs that would, if approved by the court, end litigation of claims brought on behalf of home sellers related to broker commissions.