Our Forms & Paperwork
Who needs to sign the Inducement Amendment if a buyer's agent is lowering their fee to make the offer come together?
The buyer, seller and managers for listing and selling side.
What's one must-have for every new listing to stand out online?
Professional Photos
What Ohio form discloses agency relationships
Ohio Agency Disclosure Statement
Neighborhood with West Side Market and food scene?
Ohio City
What does FSBO stand for?
For Sale By Owner
What form would you use if a prospective buyer wants to see your listing, but they are not currently represented by an agent and they do not wish to be.
Unrepresented Purchaser Disclosure
What's the biggest mistake when pricing a home in a rising market?
Overpricing based on future appreciation instead of current comps.
When should you present the Agency Disclosure Statement?
Before presenting each offer
Suburb home to The Beck Center?
Lakewood
What is the name for the money that a buyer offers as a way to show they are serious about a property and put some "skin in the game"? This money may also be forfeited by the buyer if they break a contract for an illegitimate reason.
Earnest Money
Which form should be presented to a prospective client at the first subsantive contact?
The Consumer Guide to Agency Relationships
What is one suggestion you could make to a seller who has too much stuff in the home and it's making it look cluttered and can distract prospective buyers from the potential of the home?
Rent a pod or storage unit to help de-clutter
True or False: Dual agency is illegal in Ohio?
False
Which suburb is known for historic architecture and the Cedar Lee District?
Cleveland Heights
What does DOM stand for?
Days On Market
How long does a buyer have to respond to the seller after an inspection?
72hrs or 3 days
What's a strategic reason to list a home on a Thursday or Friday?
What is the federal law that requires lead-based paint disclosures on homes built before 1978?
The Residential Lead-Based Paint Hazard Reduction Act.
Historic neighborhood near downtown with Victorian Homes and new construction townhomes?
Tremont
What does "highest and best" mean in multiple offers?
It’s a seller’s request for all buyers to submit their strongest offer — price, terms, and contingencies — usually by a deadline.
When should your loops be turned in to Brenda?
As soon as humanly possible and/or as soon as you have something under contract!
When helping a seller price their home, we should be reminding them that the value is determined by who/what?
Buyers and/or the market determines value.
What is the minimum retention period for real estate records in Ohio?
3 years
Suburb that borders both Cuyahoga and Summit County?
Macedonia
What does REO stand for?
Real Estate Owned