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Why choose a REALTOR? All real estate licensees are not the same. Working with a real estate professional who is a REALTOR is in your best interest. Not everyone who sells real estate is a REALTOR. Possessing a real estate license does not afford instant REALTOR status. A REALTOR is a member of local, state and national professional trade associations. REALTORS subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. By being a member, a REALTOR pledges to provide fair treatment for all parties involved, protect the right of individuals to own property and keep abreast of changes in real estate practice through continuing education and interaction with other professionals.
------------------------------------------------------------------------------- What is the MLS? The MLS or Multiple Listing Service is a service of the Ashland Board of Realtors and is open to all members of a Board of Realtors. Simply put, the MLS is a computerized network of participating real estate offices. Through the computer system and bi-weekly MLS books, information on properties for sale is quickly disseminated to more than 100 cooperating Realtors. This powerful combination strengthens the marketing possi- bilities for sellers and enables Realtors to better satisfy the housing needs of sellers and buyers.
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What is the Residential Property Disclosure and when is it used? The Property Disclosure form is required on all residential property transactions occurring within Ohio with the following exceptions: * Unimproved land * Commercial/Industrial property * Newly constructed residential property * Court ordered sales * Transfers between co-owners or those resulting from a divorce * Inherited property where the seller has not resided in the property for 1 year prior to the sale. * Transfers to or from the state and other governmental entities. * Sale to a tenant who has resided in the property for at least one year prior to the purchase. * Transfers by fiduciaries in administering an estate, guardianship or trust. The Residential Property Disclosure form requires home sellers to indicate any known problems or defects regarding a variety of features and structural aspects of the home. In some cases the owner must indicate known problems or defects during their owner- ship or for a period not to exceed the past five years. The form must be completed, then signed and dated by the homeowners. It must be presented to prospective buyers as soon as practicable or before an offer to purchase is made. The buyers must acknowledge receipt of the form by returning a signed, dated copy of the form back to the seller.
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Why choose a Realtor? All real estate licensees are not the same. Working with a real estate professional who is a Realtor is in your best interest. Not everyone who sells real estate is a REALTOR. Possessing a real estate license does not afford instant REALTOR status. A REALTOR is a member of local, state and national professional trade associations. Realtors subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. By being a member, a REALTOR pledges to provide fair treatment for all parties involved, protect the right of individuals to own property and keep abreast of changes in real estate practice through continuing education and interaction with other professionals.
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