Hondros Acquires OIRES

By | 2018-07-31T08:18:38+00:00 Tuesday, July 31, 2018|

Real estate education leaders recently made the transition from industry rivals to colleagues.

Hondros College President Tina Lapp had known Joyce Willson, the owner of the Ohio Institute of Real Estate Studies, for about 25 years. And their relationship led Hondros to purchase OIRES, a deal that will further centralize real estate education in the state.

Willson will join Hondros College as an instructor and adviser, bringing more than 40 years of real estate experience to the school.

“She’s always passionate about education,” Lapp said. In a prepared statement, she added: “This partnership will allow us to better serve the individuals looking to receive their education in the thriving Ohio housing market. Joyce has worked as an agent, broker and manager for over four decades and understands, firsthand, what is required to be productive in today’s competitive market.”

Hondros College, a division of Hondros Education Group, and Medina-based OIRES will pool their talents to create the largest real estate program in Ohio, according to a press release. Hondros has established a plan to smoothly transition students, alumni and business partners within the next few months, when all programs will fall under the Hondros brand.

Willson’s company has a presence in Chillicothe and Mansfield, which will be significant pieces for expanding Hondros’ business, Lapp said. “We’re excited to open our doors in a bigger way for those areas.”

The acquisition will offer students and professionals the benefit of more access to industry expertise and knowledge to help them stay ahead of an ever-changing real estate market, according to a statement from Hondros.

“We are committed to providing the highest quality educational experience for students and maintaining our relationships with alumni and industry partners,” Willson said in a statement. “We are looking forward to continuing to serve the Ohio real estate industry through our partnership with Hondros College.”

In addition to her instructor duties, Willson will continue to be active in local, state, and national real estate organizations and boards. She has chaired committees, worked on task forces and contributed to Realtors Political Action Committee.

Having “Joyce as part of our team will strengthen our curriculum leading to better real estate licensees,” Lapp said.

She added that there is a need for real estate professionals: “We are seeing a large number of individuals entering the industry. We hope that continues … the housing market in central Ohio is very good.”

Hondros College has six locations in Ohio that provide education in real estate, appraisal, home inspection and mortgage and securities. The local parent company also provides test preparation materials and textbooks.

“We’re continuing to look for opportunities for growth,” Lapp said. “We’re continuing to grow and expand and we’re excited about our future.”

The Daily Reporter

Hondros Acquires OIRES

by BRANDON KLEIN - Associated Press time: 2 min