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The National Association of Realtors maintains rules that each MLS owned by a local association of Realtors is required to follow. In 1996, as part of its rules governing multiple listing services, NAR adopted a rule requiring Realtors to make "blanket unilateral offers of compensation" when listing homes for sale on an MLS. [7]
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 National Association of Realtors (NAR) is an American trade association [5] for those who work in the real estate industry. As of December 2023, it had over 1.5 million members, [6] making it the largest trade association in the United States [7] including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries.
Donald Andrew Spencer Sr. (March 5, 1915 – May 4, 2010) was one of the first African American realtors in Cincinnati, the first African American broker to join the Cincinnati Board of Realtors, the first African American broker to serve as President of the Cincinnati Board of Realtors, and the first African American trustee at Ohio University in Athens, Ohio.
Realtors are advocates for their clients, ensuring that each client’s interests are protected throughout the process. This level of representation is invaluable, especially in competitive ...
At least 59 Ohio residents have complained to the state's attorney general over posts made by an Ohio sheriff suggesting that people should keep track of homeowners who have signs supporting ...
A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
A complaint alleges that Franklin County Domestic Relations Judge Kim A. Browne forced a party into a parenting agreement without his attorney present Ohio disciplinary counsel files complaint ...