The Voice of Real Estate in West Central Ohio

The Voice of Real Estate in
West Central Ohio
I S S U E
OFFICERS
Tim Heinz
President
Kim Eilerman
President-Elect
Jason Liening
Vice President
Dick Clark
Past President
BOARD OF DIRECTORS
Dawne Anderson
Dawn Arheit
Dan Irwin
Kate Shulaw
Jaylene Smith
Tim Stanford
CEO
Roxann Shaffer
INSIDE THIS ISSUE
Welcome
Pg.2
Realtor Safety Tip
Pg.2
Legally Speaking
Pg.2
Upcoming CE
Pg.2
Upcoming Meetings
Pg.2
Upcoming Events
Pg.2
BOD Mtg. Minutes
Pg.3
May Birthdays
Pg.3
CE Class Flyers
Pg.4-7
RPAC Auction Flyer
Pg.8
Affiliates
Pg.9-10
April Calendar
Pg.11
VISIT OUR NEW WEBSITE!
The Board has a new modern
and user friendly website.
Check it out today!
www.wcare.net
2 6
West Central Association of REALTORS®
400 S. Cable Road Lima, OH 45805
Phone: 419.227.5432
www.wcare.net
CREDIT CARDS, CHECKS OR
MONEY ORDERS ONLY.
Fax: 419.229.1842
By Carl Horst, OAR Director of Publications/Media Relations
The number of homes sold across Ohio in March rose 5.7 percent from the
level posted during the month a year ago, the market’s 18th consecutive
monthly year-over-year gain, according to the Ohio Association of REALTORS.
“Activity levels in March were solid across the Buckeye State, as our sales totals reached the highest
mark for the month since 2006,” said OAR President Sara Calo. “We’re also experiencing a continued,
steady rise in the average sale price, an indication that housing is a solid, long-term investment.
“The March sales level provides a welcomed start to the spring home buying season,” Calo added. “The
profession is hopeful that we’ll see an increase in the number of homes being marketed for sale, a key
factor in ensuring that the momentum we’ve attained continues.”
March’s average home price of $153,607 reflects a 4.4 percent increase from the $147,177 mark posted during the month last year.
Sales in March reached a seasonally adjusted annual rate of 144,430, a 5.7 percent gain from the
136,644 level during the month a year ago. The market also experienced a 4.4 percent rise in sales
from the February 2016 seasonally adjusted annual rate of 138,389.
Around the state, 14 of the 18 markets tracked reported upswings in sales activity levels and average
sales price during March.
The first quarter 2016 seasonally adjusted annual rate of 145,207 increased 10.1 percent from the first
quarter 2015 (131,870). Total dollar volume during the first quarter 2016 reached nearly $4.1 billion, a
13.8 percent increase from first quarter 2015 sales activity of nearly $3.6 billion.
Data provided to OAR by Multiple Listing Services includes residential closings for new and existing
single-family homes and condominiums/co-ops. The Ohio Association of REALTORS, with more than
29,000 members, is the largest professional trade association in Ohio.
Click here to view OAR’s seasonally adjusted Ohio home sales report. To access a market-by-market
analysis of sales activity throughout Ohio, click here.
- See more at: http://ohiorealtors.org/oardailybuzz/?tag=research#sthash.tiREyQk3.dpuf
Congratulations to Kelly & Phil Martino
on the birth of their son!
Leo Charles Martino
April 18, 2016
6lb 9oz 19”
IMPORTANT REMINDER!
NOTICE
2 0 1 6
Ohio home sales heat up in March
And follow us on Facebook!
THE BOARD OFFICE DOES
NOT TAKE CASH PAYMENTS.
M A Y
The Fourth Quadrennial Period for the NAR Professional Standards Requirement Code of Ethics
Course began January 1, 2013.
THIS COURSE MUST BE COMPLETED BY
DECEMBER 31, 2016.
Please fax or email your certificate to the Board
Office upon completion as your certificate
number is needed to meet this requirement.
SAVE THE DATE!
2016 RPAC Auction
Thursday, May 5, 2016
5:30 PM
F.O.P. Lodge #21
750 W Robb Ave, Lima
See Pg. 8 for details!
Page 2
WELCOME
West Central’s Online CE Resource
NEW MEMBERS
Wes Kroeger– Schrader Realty
NEW MLS MEMBERS
John Bauer– Century 21 Koehler & Associates
Allison Pierce– Real Living CCR, REALTORS
Tammy Cheek– Jim Shaffer Realty
Tammy Reynolds– Dick Clark Real Estate
Brenda Klein– Scott Ross Realty
Shaun Richardson– Real Living CCR, REALTORS
Sharon Jebavy– HomeWise Real Estate
Denise Spicer– Binkley Real Estate
TRANSFERS
John Mongelluzzo– Real Living CCR, REALTORS
Sara Weber– Cowan REALTORS
To enroll in a Continuing Education
class go to:
http://www.wcaremls.net
Then select West Central’s Online
Education link, from there you can
select a class and use the discount
code offered monthly !!
Upcoming CE
Optimizing Features of the MLS
(3 Hours Elective CE Credit)
June 15, 2016
12:30– 4:00
@ Board Office
See pg. 4 for details
Raising the Ethics Bar
(3 Hours of Ohio Canons of Ethics)
June 23, 2016
9:30—12:45
@ Board Office
See pg. 5 for details
2016 Industry, Legal &
Legislative Updates
(6 Convenient Dates & Locations)
See pg. 6-7 for details
Upcoming Meetings
BOD Meeting
May 18 @ 8:30 AM
Upcoming Events
2016 RPAC Auction
May 5, 2016 @ 5:30 PM
FOP Lodge #21
750 W. Robb Ave, Lima
See pg. 8 for details.
Realtor Safety Tips
Tip #15
Got cell service, everywhere?
When you’re showing commercial
property, thick walls and/or
remote locations may interfere
with mobile phone reception.
Check in advance to be sure your
phone is serviceable in the area
in which you are showing the
property.
Amanda Wisener– Merritt Real Estate
Legally Speaking: Avoid Missteps when Marketing a REO Property
By Peg Ritenour, OAR Vice President of Legal Services/Administration
Q: I am listing a bank owned property for the first time. The lender
that owns the property insists on using its own listing contract.
Also, the lender acquired the property at a sheriff’s sale, but I’m not
sure if the deed has transferred to the lender yet. Can I go ahead
and begin marketing the property if the deed isn’t in the bank’s
name yet? Can I use the lender’s listing form?
A: You raise two very important points about listing REO property that could easily put you on
the wrong side of the Ohio Division of Real Estate and Professional Licensing if not handled
correctly.
First, Ohio Revised Code Section 4735.18(A)(20) prohibits a licensee from offering property for
sale without the knowledge and consent of the owner or the owner’s authorized agent. So it is
imperative to determine if in fact the lender is the “owner” of this property. Many years ago the
Division interpreted “owner” to be the person or entity whose name was on the deed. Thus,
licensees couldn’t take a listing from a lender on an REO property until the sheriff’s deed was
issued in the lender’s name. Because there was so much pressure to list properties prior to
issuance of the sheriff’s deed, the Division relaxed its position in 2008 to allow a licensee to
begin marketing the property on behalf of the lender once the sheriff’s sale has been confirmed
by the court. So when listing an REO property, find out if title to the property is in the lender’s
name, and if it isn’t ask if the sale has been confirmed by the court. If the lender tells you the
sale has been confirmed, I would strongly recommend you get a copy of the court order confirming the sale for your file. At a minimum, have the lender representative who is signing the
listing put in writing that the sale has been confirmed. If the property isn’t in the lender’s name
yet or the sale hasn’t been confirmed, you can’t start marketing the property until that order is
issued by the court.
Secondly, it’s OK to use the lender’s listing contract but, as an agent, I would recommend that
your broker review that agreement. The most important requirement is that the listing contract
contain the fair housing and blockbusting statement that is mandated under Ohio license law. If
that exact language is not in the lender’s listing agreement, it needs to be added in order to
avoid a license law violation. This can be done by an addendum to the listing agreement.
Click here for the required language that must be included in any agency agreement to which a
licensee is a party.
- See more at: http://ohiorealtors.org/oardailybuzz/?tag=legal#sthash.VxA6QRHv.dpuf.dpuf
Our Deepest Sympathy
To Rick and Angela Gable for the loss of their daughter,
Abigail Jean Gable, who sadly passed away on April 19, 2016.
Our thoughts and prayers are with you and your family.
Memorial contributions in Abigail’s memory may be made to
Touching Little Lives, Inc.
Page 3
BOARD OF DIRECTOR’S MEETING
Wednesday, April 6, 2016 via email
MAY BIRTHDAYS
Kaye Acheson-Conley
Robert Arnold
Anthony Azzarello
Marla Bolen
Greg Butcher
Due to a light agenda the April Board of Directors meeting was conducted via email
Approved March minutes
Approved March Financial statements
Approved New Member Applications: Denise Spicer, Binkley Real Estate; Shaun Richardson and Allison Piece, CCR Realtors; Sara Weber, Cowan Realtors: Tammy Reynolds, Dick Clark Real Estate;
Amanda Wisener, Merritt Real Estate; Lindsay McDonald, Oakridge Realty; Wes Kroeger, Schrader
Realty;
Approved Supra Key annual bill
Phillip Centers
Becky Coulson-Reed
Patricia Davidson
George Delph Jr
Steven Doyle
Renee Dunahue
Nancy Frankart
Joseph Guagenti
Tara Howell
Teresa Irwin
Nicole Jordan
Patricia Keipper
Bridget Kelley
Tod Kitchen
Steven Landwehr
James Langhals
Teresa Lowry
Kelly Martino
Donnie Nichols
Charles Peters
Allison Pierce
Tracy Risser
Jeffery Schott
Pamela Schwer
Renee Smiley
Clint Spencer
Leann Wannemacher
Susan Young
Social media posts that get you in trouble
By Melissa M. Kellogg, Ohiorealtors.org
It’s often misunderstood how the Code of Ethics extends to how you conduct yourself
online. What you wouldn’t say or do in front of someone, you also shouldn’t do on social
media and other online platforms. In general, any guideline for offline behavior applies to
online as well.
But real estate professionals often let their guard down online, making the mistake of treating their communications on social media as casual conversation and forgetting that there are guidelines to uphold in that space
as well, says Carolyn D’Agosta, GRI, broker-owner of Carolyn D’Agosta and Associates in San Diego and
2016 chair of NAR’s Professional Standards Committee.
A major misconception is that comments made in Facebook groups and other online forums are private.
That’s often not the case, says Ginger Wilcox, chief industry officer for online mortgage servicer Sindeo who
has trained REALTORS on the Code. It’s up to the group administrator to set the privacy settings of the group,
so you should never assume comments you make in groups aren’t viewable by the public. When practitioners
discuss commissions or working with difficult agents in Facebook groups, they’re potentially running afoul of
the Code and risking exposing their behavior publicly. Even if the group is private, a fellow member could take
a screen shot of the conversation and file an ethics complaint against you, Wilcox warns.
So what kinds of comments or posts should you be wary of making online? Here are some common hazards
that get professionals into trouble (read about the specific Articles mentioned below at NAR’s Code of Ethics
page):
Venting about another agent. This is a common subject to come up in relation to the Code, says Katherine Lawton, NAR’s manager of Professional Standards and Administration. It’s not smart to air your
frustrations about a colleague online because it could violate Article 15, which prohibits REALTORS
from making false or misleading statements about other real estate professionals. You can also get
into trouble in blog comments by suggesting another agent’s client take a negative action against
that agent, D’Agosta warns. For example, responding to a frustrated seller by saying “Fire your
listing agent and I’ll help you” can easily become an ethics violation.
Sharing another agent’s listing. Retweeting or sharing another agent’s listing on your own social media
timeline could constitute an improper advertisement of their listing. This commonly happens when
agents visit an open house and, after leaving, post about it on their feeds. You cannot engage in
any practice that is inconsistent with exclusive-representation agreements that practitioners have
with their clients, states Article 16. Lawton recommends getting the listing agent’s permission — a
verbal agreement is fine — before sharing anything about their listing online.
Watch what you share on personal accounts. Many agents have Facebook business profiles that note
their role as a real estate professional and the company they work for. That generally satisfies the
requirement of Article 12, Standard of Practice 12-5, that REALTORS must clearly identify themselves and their company when advertising online. But your personal Facebook profile may not
include such details, and if you post listings or other advertorial material on that page, you could be
violating the Code. Bruce Aydt, ABR, CRB, senior vice president and general counsel for Berkshire
Hathaway HomeServices Alliance Real Estate in St. Louis, says it’s not always clear when a post
constitutes advertising. His rule of thumb is that if you’re in doubt, include a link in the post to a
webpage that displays your company’s logo prominently. That’s especially important on Twitter
because you often can’t fit the name of your company in each tweet.
Commiserating on commissions. A common topic that comes up in real estate–related Facebook
groups is commissions. If someone is complaining about a commission they received and asking for
feedback, it can be tempting to spill your own experience. But aside from it being in poor taste, you
could be revealing confidential financial details about your client if you speak in too much detail
about a commission, Wilcox says. Article 1, SOP 1-9, requires REALTORS to preserve the privacy
of confidential information about their clients even after the end of their business relationship. You
would need their permission first before revealing such details publicly in order to avoid an ethics
violation.
If you have questions about whether your online behavior is compliant with the Code, Lawton advises calling
your state or local association’s legal hotline. Their input is important since enforcement of the Code is done at
the local level.
“They are a great resource for all of these issues,” Lawton adds. You should also read through the Code and
familiarize yourself with its provisions, especially Article 12 as it relates to marketing and advertising, D’Agosta
says. “It’s your responsibility to know what the Code says as well as to know what your state’s real estate
commission guidelines are.”
Wilcox says the bottom line is that when it comes to social media, “assume everything is public.”
- See more at: http://ohiorealtors.org/oardailybuzz/?tag=legal#sthash.VxA6QRHv
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THANK YOU TO OUR GREAT AFFILIATES
American Home Shield
Farm Credit of Mid-America
Alexis von Stein NMLS#1207527
1625 E. Fifth Street
Delphos, OH 45833
P:419 695-6000 F:419 695-6007
Alexis.vonstein@e-farmcredit.com
First Federal Bank
Elaine Evans
230 E. Second Street
Delphos, Ohio 45833
P: 419 695-1055 F: 419 695-5749
eevans@first-fed.com
Fifth Third Bank
Greg Elmore
39 West Whipp Rd.
Dayton, OH 45459
P: 937 436-4714 F: 937 319-4142
Greg.elmore@53.com
First Lima Title Agency
Pam Jennings
1617 Allentown Ste 100
Lima, Ohio 45805
P: 419 228-2272 F:419 228-3779
pam@firstlimatitle.com
Fifth Third Bank
Jack Hayzlett
1311 Bellefontaine Street
Wapakoneta, OH 45895
P: 419-738-7158 F: 419-738-9610
Jack.hayzlett@53.com
First Lima Title Agency
Staci L. Freeman
1617 Allentown Ste 100
Lima, Ohio 45805
P: 419 228-2272 F:419 228-3779
staci@firstlimatitle.com
Fifth Third Bank
Lisa Harding NMLS#482696
225 N. West St.
Lima, Ohio 45801
P: 419-229-4450 F: 844-210-4366
Lisa.harding@53.com
Huntington National Bank
Chrisa McGhee NMLS#451617
631 W. Market Street
Lima, Ohio 45801
P: 419 226-6020 F: 877 238-4052
Chrisa.i.mcghee@huntington.com
Cynthia R. Sawmiller NMLS#824021
2665 Fort Amanda Rd
Lima, OH 45804
P: 419-733-2128 F: 855-244-0221
cynthia.r.sawmiller@chase.com
1st American Home Buyers Protection
Dawn Weinbrecht
3460 E. Lincolnshire Blvd.
Toledo, Ohio 43606
P: 419 494-2054
dweinbrecht@firstam.com
Kilco Title Agency
Ed Pedlow
119 N. West St, Ste 101
Lima, Ohio 45801
P: 419 228-8989 F: 419 228-9111
Kilcotitle@bright.net
Citizens National Bank
First Federal Community Bank
Mary Ann George
201 N. Main Street
Lima, Ohio 45801
P: 419 224-0400 F: 419 229-2095
maryann@cnbohio.com
John England
130 S. Main St., Suite 108
Bellefontaine, OH 43311
P: 937-565-4557 F: 937-565-4514
jengland@ffcb.com
Congressional Bank
BJ DeFinis
6016 Waynesfield Rd
Cridersville, OH 45806
P: 419-230-0184 F: 419-648-9984
bdefinis@congressionalbank.com
First Federal Bank
Elizabeth Kimbler
10100 Atchison Rd.
Dayton, OH 45458
P: 800-735-4663
C: 937-716-3557
ekimbler@ahslink.com
AmeriFirst Home Mortgage
Rex Whetstone
1075 Shawnee Rd, Suite B
Lima, OH 45805
P: 419-234-7310 F: 419-932-6675
rwhetstone@amerifirst.com
Buckeye Home Inspectors
Jim Doseck
918 West Auglaize St
Wapakoneta, OH 45895
P: 567-356-7493
jimdoseck@buckeyeinspectors.com
Chase
Jennifer Lombardi NMLS#295570
500 S. Main Street
Findlay, OH 45840
P: 419 424-7517 F: 866 628-9709
Jennifer.x.lombardi@chase.com
Chase
Gwen Sackinger
2526 Shawnee Road
Lima, Ohio 45805
P: 419 221-1312 F: 419 222-7434
gsackinger@first-fed.com
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THANK YOU TO OUR GREAT AFFILIATES
Liberty National Bank
Angela Hersh
118 S. Main Street, P. O. Box 135
Ada, Ohio 45810
P: 419 634-5015 F: 419 634-0335
ahersh@lnbbank.com
ServPro of Lima
Elijah Zamudio
1390 Findlay Road
Lima, Ohio 45801
P:419 516-4990 F: 419 516-4991
elijah@servprooflima.com
The Union Bank Company
Kim Verhoff
100 S. High Street
Columbus Grove, Ohio 45830
P:419 659-2141 x 4224 F:419 659-2069
kverhoff@theubank.com
Liberty National Bank
Joyce Rostorfer
100 E. Franklin Street, P. O. Box 234
Kenton, Ohio 43326
P: 419 673-1217
jrostorfer@lnbbank.com
Sullivan Insurance Agency
Grant Sullivan
606 W. North Street
Lima, OH 45801
P: 419-229-5010
mail@sullivaninsuranceinc.com
The Union Bank Company
Vicky Gilbert
100 S. High Street
Columbus Grove, Ohio 45830
P:419 659-2141 x 4224 F:419 659-2069
vgilbert@theubank.com
The Lima News
Pam Stricker
3515 Elida Road
Lima, Ohio 45807
P: 419 223-1010 F: 419 221-2884
pstricker@civitasmedia.com
Superior Credit Union
Michelle Snyder
4230 Elida Rd.
Lima, Ohio 45807
P: 419 879-3491 F: 419 227-5258
msnyder@superiorfcu.com
Union Home Mortgage
Rex Grasz
250 Highland Parkway, Suite D
Upper Sandusky, OH 43351
P: 567-998-4276 F: 567-998-4105
rgrasz@unionhomemortgage.com
Rite Cut Property Maintenance
James Benvenuto
519 N. Jackson Street
Lima, OH 45801
P: 419-204-8047
ritecutproperty@gmail.com
Superior Title, LLC
T. Blain Brock, II
540 W. Market
Lima, Ohio 45801
P: 419 221-5342 F: 419-227-0582
tblain@superiortitlellc.com
Vantage Land Title
Andy Morgan
59 North Dixie Drive, Suite A
Neidert’s Mowers
Mark Kline
507 E. Kiracofe St.
Elida, OH 45807
P: 419-331-5296 F: 419-331-5296
mark@neidertsmowers.com
The State Bank
Greg Roebuck
903 W. Market St
Lima, OH 45805
P: (419)228-4425 F: (419)228-4425
Greg.roebuck@yourstatebank.com
Northwest Title Services
Chris DuBois
101 N. Elizabeth Street
Lima, Ohio 45801
P:419 222-1122 F: 419 224-6181
cdubois@corylpa.com
TopMark Federal Credit Union
Michelle Boughan
3800 S. Dixie Highway
Lima, Ohio 45806
P: 419 879-1500 F: 419 879-2223
mboughan@topmarkfcu.com
Old Republic Home Protection
Christine Dern
5165 Valley View Dr.
Medina, OH 44256
P: (330) 441-1737 F: (800) 866-2488
christineDe@orhp.com
TopMark Federal Credit Union
Ana Ford
3800 S. Dixie Highway
Lima, Ohio 45806
P: 419 224-2941 F: 419 224-6338
aford@topmarkfcu.com
Vandalia, OH 45377
(937) 312-3080 (Office)
(937) 890-2910 (Fax)
Page 11
MAY 2016
Sun
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Wed
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Thu
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Fri
Sat
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RPAC AUCTION
@ 5:30 pm
FOP Lodge # 21
750 W. Robb Ave
Lima, OH
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9
Mother’s Day
2016-17 Supra Key
Annual Fees
Due by 5:00 pm
15
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BOD Meeting @
8:30 am
Unpaid Supra Keys
Inactivated @ 5:00pm
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Memorial Day
CLOSED