Ohio One Time Listing and Showing Agreement

State:
Multi-State
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.


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FAQ

A One Time Showing Agreement form is an agreement between the buyer's broker and the homeowner listing the property for sale. In the document, the broker will list people's names that they plan on showing the property. Those buyers may potentially put in an offer and purchase the property.

Which listing is discouraged in Ohio? While not prohibited, net listings are discouraged as a seller could feel as though the agent took advantage of them. Every broker must maintain associated licenses at his or her principal location where they must be available for inspection.

Pending indicates that the seller has an accepted offer and showings are no longer occurring. The property is in escrow, as both parties are working towards closing the deal. Days on Market do not accumulate when a listing is Pending.

It provides that if the seller authorizes the listing agent to disclose that there are multiple offers, that the listing agent must also disclose whether the other offers were written by the listing agent, another agent in the same brokerage or a cooperating agent but this is only required if the listing agent is

"Offer-show" means the property has an accepted offer, but the seller is still allowing showings until all of the contingencies in the offer to purchase have been cleared.

Legally, agents in NSW are allowed to disclose current offers to any other potential buyers. Agents are required to inform the seller of all offers made to purchase the property, but there is no law to prohibit the disclosure of offers to potential buyers.

"Offer-show" means the property has an accepted offer, but the seller is still allowing showings until all of the contingencies in the offer to purchase have been cleared.

The PENDING NO SHOW status should be used when. the MLS Participant has a current listing agreement, the Seller has accepted an offer and no longer seeks additional offers, and. there are no unresolved contingencies.

Getting your offer accepted on a home is half the battle in the homebuying process. A home can still be shown, even if you have a contract signed by the seller. If inspections, the appraisal and your mortgage approval go as planned, the home is as good as yours because you're under contract.

The Realtor Code of Ethics states that agents must disclose offers on the property to any other broker seeking cooperation. Realtors cannot lie to or hide information from another broker who is requesting information in an attempt to cooperate on the sale.

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Ohio One Time Listing and Showing Agreement