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Caleb Nelson, Emerson G. Spies Distinguished Professor of Law at the University of Virginia School of Law; Charles Phelps Taft II, Mayor of Cincinnati (1955–1957) Charles R. Saxbe, former member of the Ohio House of Representatives (1975-1982) and 1982 Republican candidate for Ohio Attorney General; Robert A. Taft, U.S. Senator from Ohio ...
However, since most people would expect to be compensated for their efforts and skills, a license would be required by law before a person may receive remuneration for services rendered as a real estate broker or agent. Unlicensed activity is illegal and the state real estate commission has the authority to fine people who are acting as real ...
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
In central Ohio, the commission is often 3% of the sales price to each. A seller, for example, would pay a total of $18,000 ($9,000 to agents on each side) on the sale of a $300,000 home.
The new service becomes available as the Division handled more than 7,000 new license applications in 2021, a 37 percent ... Applicants can now apply to be a real estate agent online Skip to main ...
On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
This is a list of abbreviations used in law and legal documents. It is common practice in legal documents to cite other publications by using standard abbreviations for the title of each source. Abbreviations may also be found for common words or legal phrases.
Hire a discount agent: A low-commission real estate agent will likely charge much less than a traditional agent would — usually 1 to 1.5 percent of your home’s sale price. (However, you might ...