Ohio House overwhelmingly approves OAR-backed House Bill 532

Ohio State Capitol Building

Source: OAR

By Paul Glass, OAR Director of Political Affairs

The Ohio House of Representatives overwhelmingly approved House Bill 532, a measure designed to update the state’s licensing structure and modernize the delivery of pre-license real estate education, during its session on May 25.

The bill, which is strongly supported by the Ohio Association of REALTORS, Ohio Division of Real Estate and Professional Licensing, Ohio Real Estate Commission and the Ohio Association of Community Colleges, will proceed to the Ohio Senate for further consideration and vote in the fall.

A clear majority of the provisions contained within HB532 were recommended by a special Task Force creased by the Ohio Real Estate Commission and supported by the Division. Click here for more facts about the bill.

Passage of HB 532 is a critical step forward for Ohio’s real estate community, as aspiring licensees will have the option of acquiring the 120 hours of pre-licensure coursework in the classroom or on-line. Once passed, Ohio will become the nation’s 38th state that gives students a choice in fulfilling the requirements prior to sitting for the real estate exam.

During the debate of HB 532 a number of significant improvements were made to the measure, which helped to strengthen current Ohio law regarding pre-licensure education. The bill provides for more oversight of curriculum prior to it being offered by an Institution of Higher Education. Further, HB 532 will require that courses are eligible for academic credit and may be applied toward a degree. This helps close a loophole in current Ohio law that doesn’t require credit eligibility of pre-license real estate education courses.

Special thanks to Rep. Ryan Smith (R-Bidwell) for his strong support of HB 532. Additionally, we thank Speaker of the House Cliff Rosenberger (R-Clarksville) and Rep. Ron Young (R-Leroy Township), chair of the House Commerce and Labor Committee, for their efforts on the bill.

Ohio’s REALTOR community played a critical role in ensuring the HB 532 passed the House, with countless members responding to the organization’s first “Call for Action” in more than a decade and urging their respective lawmaker to vote yes on the bill. The message from the real estate profession obviously resonated and members of the Ohio House opted to stand with Ohio’s REALTOR organization, with Ohio’s real estate regulatory entities and with Ohio’s 23 Community Colleges and vote yes on HB 532 by an impressive 80-5 margin.

As a result of the House vote, Ohio is a step closer to broadening the availability, accessibility and affordability of high quality pre-licensure real estate education.

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