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The Division of Real Estate and Professional Licensing is responsible for licensing Ohio's real estate brokers, salespeople, appraisers and foreign real estate dealers and salespeople. This section provides links to consumer information and forms relevant to real estate business.
- Ohio Property Disclosure
- Ohio Real Estate Purchase Agreement
- Other Ohio For Sale by Owner Documents
- Options For Document Creation
The State of Ohio has its own Residential Property Disclosure Form that must be completed. This form is a statement of the condition of the property as it is known by the owner. The owner need not conduct any special inspections to complete this form. Rather, the owner must merely disclose what he or she already knows about the condition of the pro...
A completed and signed Real Estate Purchase Agreement is required as well for an Ohio For Sale by Owner transaction. This Purchase Agreement document for use in the state of Ohio is not significantly different from many other states in its language or structural requirements. The document must outline the sale terms of the transaction, including pu...
Other documents that must be included in an FSBO Home Sale for the state of Ohio include a Lead Disclosure Form (which should be made available to the Buyer along with the federal government’s lead disclosure booklet) and a revised Deed that is filed with the local County Recorder per that offices’ specifications after payment is tendered on the sa...
When a property is sold FSBO, the responsibility for creating the legal document package surrounding the transaction fall to the Buyer and Seller. The parties to the transaction have two options: to create the document package using do-it-yourself legal forms; or to find a professional real estate document preparation service. Standard Legal offers...
- Get Your House Ready to List. Start preparing your house by making it more desirable to a wide array of buyers. Think like a buyer and take a walk through your home, taking note of potential updates, deferred maintenance, and personal touches that should be removed.
- Photograph Your Home. Once your home is in the best shape possible, take high-quality photos to include in listings and other marketing materials.
- Set a Listing Price. Before setting a listing price, determine your goals: If you need to sell the home quickly, choose a competitive price that will attract buyers.
- Officially List and Market Your Home. Depending on your market, it may be possible to sell your house yourself quickly by posting it on Zillow or Craigslist.
- Evelyn Waugh
- Prepare your house for sale. Whether you’re selling with an agent or FSBO, at a minimum you’ll want to get your Ohio home into respectable shape before any showings to increase your chances of receiving a fair price.
- Do the homework necessary to set a competitive price. You’ve arrived at a critical moment in your FSBO process: setting a listing price. You don’t want to leave money on the table, yet you want to encourage activity on your listing.
- Photograph your home. Listing photos are powerful, either pulling in buyers for showings or keeping them away. To give your listing an edge, consider hiring an experienced real estate photographer.
- Create a detailed, compelling listing. Along with stellar photos, you’ll want to craft an informative and compelling listing. Leverage both the listing description (a paragraph or two highlighting key features) and the property details to show potential buyers all about your home and what makes it desirable.
In either event, the law protects buyers and sellers with required disclosures and forms prior to your purchase. The following disclosures are required in Ohio: Consumer Guide to Agency Relationships…
Sep 3, 2024 · Sellers need to fill out the Residential Property Disclosure Form or another form that complies with state law to inform buyers about what they're potentially purchasing. They also need to comply with federal law and any local disclosures. Ohio asks only for your personal knowledge of the property on its disclosure form.
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Sep 23, 2024 · Following the right process will help you sell faster and for top dollar. In this comprehensive guide, we’ll cover how to sell a house in Ohio, including how to find a great agent, navigate legal documents, stage your home, and more house selling tips. ⚡ Get started: Match with a top real estate agent and save BIG on commission.
