Ohio Broker Responsibilities

Overview

Brokers have critically important supervisory duties with regard to managing a brokerage and are expected to uphold the highest ethical standards. Directing firm operations, handling licenses, supervising licensees, and establishing company policies on agency are just a few of their many duties. They are also responsible for ensuring that advertisements comply with Ohio law and that trust accounts are properly maintained. Importantly, brokers must be aware of the types of real estate practices that may lead to disciplinary action.

Find this course for your license


License or Certification 

 

Regulator 

 

Type 

 


Learning Objectives

  • Explain a broker's supervisory duties
  • Describe the acts that unlicensed employees may lawfully perform
  • Determine how to properly establish and maintain trust accounts
  • Explain the agency relationships permitted in Ohio and the required disclosures when acting as a dual agent
  • Describe Ohio’s laws governing the payment of compensation
  • List the disciplinary actions that licensees may face for violations


Designed For:

Ohio principal brokers, associate brokers, brokers on deposit, and management level licensees (whether brokers or salespersons) 




Course Information

Adding additional credit may change exam requirements.