Can I send my policy to the Division of Real Estate or the Ohio Association of REALTORS for approval?
Given the thousands of brokerages in Ohio, it would probably not be feasible for either the Division or OAR to approve each broker’s policy. To make sure you’ve covered all of the areas required by the license law, you should compare it to the minimum criteria outlined in this section. You may also wish to have your personal attorney review it. 16) Q: What if one of the areas contained in the minimum criteria doesn’t apply? For example, our brokerage only represents buyers. Therefore, we don’t practice dual agency or “split” agency. A: In this situation, you should merely indicate that your firm does not practice dual agency or “split” agency. 17) Q: I have adopted a company policy for my brokerage to comply with the license law requirements. Now that it’s actually been implemented, there are a few things I’d like to change. Can I do that, and is there any limit to the number of times I can change my company policy? A: There is nothing in the license law that would prohibit or limit yo