REALTORS® Testify Before House Development Committee in Support of Senate Bill 155
- Columbus REALTORS® member Brian Bainbridge (CRT, Realtors) shared a real-world instance of how deceptive wholesaling practices play out – and who they target most:
- “A few years ago I had a client that almost fell victim to a wholesaler, who was offering to wholesale property for $100,000, when their property was worth $150,000. I talked them out of it. The wholesaler’s job is to find a homeowner that doesn’t know any better – 75-80% of the time they target senior citizens and then con them into agreeing to part with the property for a fraction of what it is worth.”
Local –
Developers reveal more details on proposed $100 million Gahanna Creekside redevelopment
- As Gahanna City Council considers a proposed $100-million redevelopment of the eastern suburb's Creekside District, developers and city officials are sharing more details on the plan that could bring more housing and restaurants, a hotel, co-working space and a parking garage along Mill and North High streets.
- During an Oct. 13 committee meeting, council members dug into the details on a development agreement with two Columbus-based companies — developer Connect Real Estate and private investment firm Benson Capital — and the Gahanna Community Improvement Corporation.
- If approved, the agreement would usher in a two-phased redevelopment of vacant and blighted properties along the two streets.
- Staff are monitoring and will provide updates as they come
State –
Ohio REALTORS® Testify in Support of Home Inspector Licensure
- Ohio REALTORS® Legislative Steering Committee Chair Jason Kunkel testified this week on House Bill 59 (HB 59) before the Ohio House General Government Committee, which is charged with reviewing the licensing requirements of Ohio’s Home Inspector Board.
- Ohio REALTORS® spearheaded the effort to establish a home inspector licensure system with the passage of SB 255 in 2019.
- Staff are monitoring and will provide updates to membership.
National –
Landmark Housing Legislation Passes in U.S. Senate
- The bipartisan ROAD to Housing Act garnered unanimous support for policy changes that would encourage new home construction, provide home loan guidance and authorize disaster recovery efforts.
- The National Association of REALTORS® has highlighted several major policy changes in the bill, including:
- Building More Homes and Cutting Red Tape
- Opening Doors to Homeownership
- Supporting Housing Innovation
- Helping Communities Recover from Disasters
