Ohio Real Estate Salesperson Exam Lesson 12

Ohio Real Estate Sales Person Exam Prep Audio Lessons

Ohio Real Estate Salesperson Exam Lesson 12

This is the 12th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.

These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.

The Full Table of contents may be found HERE

Ohio Real Estate Salesperson Exam Lesson 12

Real Estate Licensing in Ohio

Real Estate Broker = undertakes real estate business on behalf of another for a fee.

Real Estate Salesperson = also known as an agent. Has to work for someone else.

Eligibility in Ohio
• 18 years old or older
• Must have a high school diploma or equivalent
• 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.)
• Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer.
• Must be sponsored by a broker.
• Pay the application fee.

Post-Licensing Requirements
• Within a year, 10 additional hours of real estate education
• If not completed with 12 months, the license is suspended.

Broker’s License
• Have to have worked as a salesperson or broker for two years
• At least 30 hours per week for two out of the five previous years.
• Has completed at least 20 real estate transactions.

Renewing a License
• Licenses are valid for three years at a time.
• 30 hours of continuing education are required for relicensurc.
• Failure to renew will result in suspension.

Broker Requirements
• Must have a physical place of business that is registered with the Superintendent.
• Must notify the Superintendent of any changes in location, etc.
• Must notify the Superintendent of all of the agents who are employed there and any staffing changes.
• Must display their license in a public space in their office so that it is clearly visible.
• Must avoid any misleading or discriminatory advertising.

 

 

If you are looking for other Real Estate audio Lessons we have them for:

California

Georgia

Florida

Texas

Virginia

Ohio Real Estate Salesperson Exam Lesson 11

Ohio Real Estate Sales Person Exam Prep Audio Lessons

Ohio Real Estate Salesperson Exam Lesson 11

This is the 11th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.

These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.

The Full Table of contents may be found HERE

Ohio Real Estate Salesperson Exam Lesson 11

Real Estate Licensing in Ohio

Real Estate Broker = undertakes real estate business on behalf of another for a fee.

Real Estate Salesperson = also known as an agent. Has to work for someone else.

Eligibility in Ohio
• 18 years old or older
• Must have a high school diploma or equivalent
• 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.)
• Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer.
• Must be sponsored by a broker.
• Pay the application fee.

Post-Licensing Requirements
• Within a year, 10 additional hours of real estate education
• If not completed with 12 months, the license is suspended.

Broker’s License
• Have to have worked as a salesperson or broker for two years
• At least 30 hours per week for two out of the five previous years.
• Has completed at least 20 real estate transactions.

Renewing a License
• Licenses are valid for three years at a time.
• 30 hours of continuing education are required for relicensurc.
• Failure to renew will result in suspension.

Broker Requirements
• Must have a physical place of business that is registered with the Superintendent.
• Must notify the Superintendent of any changes in location, etc.
• Must notify the Superintendent of all of the agents who are employed there and any staffing changes.
• Must display their license in a public space in their office so that it is clearly visible.
• Must avoid any misleading or discriminatory advertising.

 

 

If you are looking for other Real Estate audio Lessons we have them for:

California

Georgia

Florida

Texas

Virginia

Ohio Real Estate Salesperson Exam Lesson 8

Ohio Real Estate Sales Person Exam Prep Audio Lessons

Ohio Real Estate Salesperson Exam Lesson 8

This is the 8th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.

These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.

The Full Table of contents may be found HERE

Ohio Real Estate Salesperson Exam Lesson 8

Real Estate Licensing in Ohio

Real Estate Broker = undertakes real estate business on behalf of another for a fee.

Real Estate Salesperson = also known as an agent. Has to work for someone else.

Eligibility in Ohio
• 18 years old or older
• Must have a high school diploma or equivalent
• 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.)
• Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer.
• Must be sponsored by a broker.
• Pay the application fee.

Post-Licensing Requirements
• Within a year, 10 additional hours of real estate education
• If not completed with 12 months, the license is suspended.

Broker’s License
• Have to have worked as a salesperson or broker for two years
• At least 30 hours per week for two out of the five previous years.
• Has completed at least 20 real estate transactions.

Renewing a License
• Licenses are valid for three years at a time.
• 30 hours of continuing education are required for relicensurc.
• Failure to renew will result in suspension.

Broker Requirements
• Must have a physical place of business that is registered with the Superintendent.
• Must notify the Superintendent of any changes in location, etc.
• Must notify the Superintendent of all of the agents who are employed there and any staffing changes.
• Must display their license in a public space in their office so that it is clearly visible.
• Must avoid any misleading or discriminatory advertising.

 

 

If you are looking for other Real Estate audio Lessons we have them for:

California

Georgia

Florida

Texas

Virginia

Ohio Real Estate Salesperson Exam Lesson 7

Ohio Real Estate Sales Person Exam Prep Audio Lessons

Ohio Real Estate Salesperson Exam Lesson 7

This is the 7th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.

These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.

The Full Table of contents may be found HERE

Ohio Real Estate Salesperson Exam Lesson 7

Real Estate Licensing in Ohio

Real Estate Broker = undertakes real estate business on behalf of another for a fee.

Real Estate Salesperson = also known as an agent. Has to work for someone else.

Eligibility in Ohio
• 18 years old or older
• Must have a high school diploma or equivalent
• 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.)
• Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer.
• Must be sponsored by a broker.
• Pay the application fee.

Post-Licensing Requirements
• Within a year, 10 additional hours of real estate education
• If not completed with 12 months, the license is suspended.

Broker’s License
• Have to have worked as a salesperson or broker for two years
• At least 30 hours per week for two out of the five previous years.
• Has completed at least 20 real estate transactions.

Renewing a License
• Licenses are valid for three years at a time.
• 30 hours of continuing education are required for relicensurc.
• Failure to renew will result in suspension.

Broker Requirements
• Must have a physical place of business that is registered with the Superintendent.
• Must notify the Superintendent of any changes in location, etc.
• Must notify the Superintendent of all of the agents who are employed there and any staffing changes.
• Must display their license in a public space in their office so that it is clearly visible.
• Must avoid any misleading or discriminatory advertising.

 

 

If you are looking for other Real Estate audio Lessons we have them for:

California

Georgia

Florida

Texas

Virginia

Ohio Real Estate Salesperson Exam Lesson 6

Ohio Real Estate Sales Person Exam Prep Audio Lessons

Ohio Real Estate Salesperson Exam Lesson 6

This is the 6th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.

These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.

The Full Table of contents may be found HERE

Ohio Real Estate Salesperson Exam Lesson 6

Real Estate Licensing in Ohio

Real Estate Broker = undertakes real estate business on behalf of another for a fee.

Real Estate Salesperson = also known as an agent. Has to work for someone else.

Eligibility in Ohio
• 18 years old or older
• Must have a high school diploma or equivalent
• 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.)
• Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer.
• Must be sponsored by a broker.
• Pay the application fee.

Post-Licensing Requirements
• Within a year, 10 additional hours of real estate education
• If not completed with 12 months, the license is suspended.

Broker’s License
• Have to have worked as a salesperson or broker for two years
• At least 30 hours per week for two out of the five previous years.
• Has completed at least 20 real estate transactions.

Renewing a License
• Licenses are valid for three years at a time.
• 30 hours of continuing education are required for relicensurc.
• Failure to renew will result in suspension.

Broker Requirements
• Must have a physical place of business that is registered with the Superintendent.
• Must notify the Superintendent of any changes in location, etc.
• Must notify the Superintendent of all of the agents who are employed there and any staffing changes.
• Must display their license in a public space in their office so that it is clearly visible.
• Must avoid any misleading or discriminatory advertising.

 

 

If you are looking for other Real Estate audio Lessons we have them for:

California

Georgia

Florida

Texas

Virginia

Ohio Real Estate Salesperson Exam Lesson 5

Ohio Real Estate Sales Person Exam Prep Audio Lessons

Ohio Real Estate Salesperson Exam Lesson 5

This is the 5th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.

These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.

The Full Table of contents may be found HERE

Ohio Real Estate Salesperson Exam Lesson 5

Real Estate Licensing in Ohio

Real Estate Broker = undertakes real estate business on behalf of another for a fee.

Real Estate Salesperson = also known as an agent. Has to work for someone else.

Eligibility in Ohio
• 18 years old or older
• Must have a high school diploma or equivalent
• 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.)
• Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer.
• Must be sponsored by a broker.
• Pay the application fee.

Post-Licensing Requirements
• Within a year, 10 additional hours of real estate education
• If not completed with 12 months, the license is suspended.

Broker’s License
• Have to have worked as a salesperson or broker for two years
• At least 30 hours per week for two out of the five previous years.
• Has completed at least 20 real estate transactions.

Renewing a License
• Licenses are valid for three years at a time.
• 30 hours of continuing education are required for relicensurc.
• Failure to renew will result in suspension.

Broker Requirements
• Must have a physical place of business that is registered with the Superintendent.
• Must notify the Superintendent of any changes in location, etc.
• Must notify the Superintendent of all of the agents who are employed there and any staffing changes.
• Must display their license in a public space in their office so that it is clearly visible.
• Must avoid any misleading or discriminatory advertising.

 

 

If you are looking for other Real Estate audio Lessons we have them for:

California

Georgia

Florida

Texas

Virginia

Ohio Real Estate Salesperson Exam Lesson 4

Ohio Real Estate Sales Person Exam Prep Audio Lessons

Ohio Real Estate Salesperson Exam Lesson 4

This is the 4th sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.

These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.

The Full Table of contents may be found HERE

Ohio Real Estate Salesperson Exam Lesson 4

Real Estate Licensing in Ohio

Real Estate Broker = undertakes real estate business on behalf of another for a fee.

Real Estate Salesperson = also known as an agent. Has to work for someone else.

Eligibility in Ohio
• 18 years old or older
• Must have a high school diploma or equivalent
• 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.)
• Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer.
• Must be sponsored by a broker.
• Pay the application fee.

Post-Licensing Requirements
• Within a year, 10 additional hours of real estate education
• If not completed with 12 months, the license is suspended.

Broker’s License
• Have to have worked as a salesperson or broker for two years
• At least 30 hours per week for two out of the five previous years.
• Has completed at least 20 real estate transactions.

Renewing a License
• Licenses are valid for three years at a time.
• 30 hours of continuing education are required for relicensurc.
• Failure to renew will result in suspension.

Broker Requirements
• Must have a physical place of business that is registered with the Superintendent.
• Must notify the Superintendent of any changes in location, etc.
• Must notify the Superintendent of all of the agents who are employed there and any staffing changes.
• Must display their license in a public space in their office so that it is clearly visible.
• Must avoid any misleading or discriminatory advertising.

 

 

If you are looking for other Real Estate audio Lessons we have them for:

California

Georgia

Florida

Texas

Virginia

Ohio Real Estate Salesperson Exam Lesson 3

Ohio Real Estate Sales Person Exam Prep Audio Lessons

Ohio Real Estate Salesperson Exam Lesson 3

This is the 2nd sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.

These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.

The Full Table of contents may be found HERE

Ohio Real Estate Salesperson Exam Lesson 3

Real Estate Licensing in Ohio

Real Estate Broker = undertakes real estate business on behalf of another for a fee.

Real Estate Salesperson = also known as an agent. Has to work for someone else.

Eligibility in Ohio
• 18 years old or older
• Must have a high school diploma or equivalent
• 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.)
• Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer.
• Must be sponsored by a broker.
• Pay the application fee.

Post-Licensing Requirements
• Within a year, 10 additional hours of real estate education
• If not completed with 12 months, the license is suspended.

Broker’s License
• Have to have worked as a salesperson or broker for two years
• At least 30 hours per week for two out of the five previous years.
• Has completed at least 20 real estate transactions.

Renewing a License
• Licenses are valid for three years at a time.
• 30 hours of continuing education are required for relicensurc.
• Failure to renew will result in suspension.

Broker Requirements
• Must have a physical place of business that is registered with the Superintendent.
• Must notify the Superintendent of any changes in location, etc.
• Must notify the Superintendent of all of the agents who are employed there and any staffing changes.
• Must display their license in a public space in their office so that it is clearly visible.
• Must avoid any misleading or discriminatory advertising.

 

 

If you are looking for other Real Estate audio Lessons we have them for:

California

Georgia

Florida

Texas

Virginia

Ohio Real Estate Salesperson Exam Lesson 2

Ohio Real Estate Sales Person Exam Prep Audio Lessons

Ohio Real Estate Salesperson Exam Lesson 2

This is the 2nd sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.

These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.

The Full Table of contents may be found HERE

Ohio Real Estate Salesperson Exam Lesson 2

Real Estate Licensing in Ohio

Real Estate Broker = undertakes real estate business on behalf of another for a fee.

Real Estate Salesperson = also known as an agent. Has to work for someone else.

Eligibility in Ohio
• 18 years old or older
• Must have a high school diploma or equivalent
• 120 hours of accredited instruction (40 hours of Real Estate Practices, 40 hours of Ohio Real Estate Law, 20 hours of Real Estate Appraisal and 20 hours of Real Estate finance.)
• Pass the real estate exam. Passing score is 70 percent. There are both national and state specific questions on the test. All questions are multiple choice. 120 minutes are given for the national portion of the test and 60 minutes for the state portion. Most of the time, it is administered on a computer.
• Must be sponsored by a broker.
• Pay the application fee.

Post-Licensing Requirements
• Within a year, 10 additional hours of real estate education
• If not completed with 12 months, the license is suspended.

Broker’s License
• Have to have worked as a salesperson or broker for two years
• At least 30 hours per week for two out of the five previous years.
• Has completed at least 20 real estate transactions.

Renewing a License
• Licenses are valid for three years at a time.
• 30 hours of continuing education are required for relicensurc.
• Failure to renew will result in suspension.

Broker Requirements
• Must have a physical place of business that is registered with the Superintendent.
• Must notify the Superintendent of any changes in location, etc.
• Must notify the Superintendent of all of the agents who are employed there and any staffing changes.
• Must display their license in a public space in their office so that it is clearly visible.
• Must avoid any misleading or discriminatory advertising.

 

 

If you are looking for other Real Estate audio Lessons we have them for:

California

Georgia

Florida

Texas

Virginia

Ohio Real Estate Salesperson Exam Lesson 1

Ohio Real Estate Sales Person Exam Prep Audio Lessons

Ohio Real Estate Salesperson Exam Lesson 1

This is the 1st   sample lessons that we will be sharing with you which will help you prepare for the Ohio real estate salesperson exam.

These Ohio real estate salesperson exam lessons are meant to be a supplement and not a substitute for classroom learning or other requirements of the Ohio real estate department for licensure.

The Full Table of contents may be found HERE

Real Estate Governing Bodies

Regulated by two agencies: the Ohio Real Estate Commission and the Ohio Division of Real Estate

The Real Estate Commission
• Five member appointed by the governor
• Four are active real estate agents with 10+ years of experience
• One non-real estate professional who represents the public
• No more than three members can be from one political party.
• Each member serves for five years.

Duties of the Commission
• Create the Code of Ethics for real estate professionals
• Reviews any appeals
• Administers the real estate education/research fund
• Notifies licensees of changes to state/federal laws

Duties of the Ohio Division of Real Estate
• Led by the Superintendent of Real Estate
• The Superintendent is appointed by the Director of Commerce for an indefinite term from an approved list of six people
• Carry out state law
• Administer exams
• Review records
• Enforce license laws
• Grant, refuse and revoke licenses

Disciplinary Actions
• Misrepresentations
• Dual agency without disclosure
• Mishandling of funds
• Compensates an unlicensed person with a commission
• Hiding a criminal conviction
• Practicing real estate without a license
• Practicing real estate while impaired
• Discrimination
• Commingles funds
• Breaking fiduciary duties
• Charges hidden fees

Complaints are heard by the Ohio Division of Real Estate

Licensed Activities
• Sales
• Exchanges
• Purchases
• Loan negotiation
• Advertising real property
• Offers
• Listing
• Rentals

Unlicensed Activities
• For sale by owner
• Property manager employed by an owner
• Trustee
• Public servants on official business
• Power of attorney
• Court appointees
• Employees of financial institutions

 

 

If you are looking for other Real Estate audio Lessons we have them for:

California

Georgia

Florida

Texas

Virginia