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Ohio Senate approves disclosure rules for real estate wholesalers

3687455 · June 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Substitute Senate Bill 155, requiring wholesalers to disclose they do not represent sellers and intend to assign contracts, passed the Ohio Senate 33-0 on June 3.

COLUMBUS, Ohio — The Ohio Senate on June 3 passed Senate Bill 155, which requires real estate wholesalers to disclose their role and intentions to homeowners and end buyers; the chamber approved the measure 33-0.

Sen. Brenner, sponsor of SB 155, told colleagues the bill is intended to protect homeowners — particularly elderly and financially vulnerable sellers — from misleading…

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