For the judicial sale of a property, a Private Selling Officer (PSO) is best able to service the sale. In lieu of a Sheriff, a PSO may be appointed to auction the property. One advantage to appointing a PSO is that sale prices tend to increase dramatically when compared to properties transacted in Sheriff Sales. This is in part because unlike the Sheriff, the PSO is both a licensed real estate agent AND auctioneer with Ohio residency. PSO’s utilize this licensure to create professional sales which have been marketed to the public. In short, a Sheriff can not do what a Realtor can!

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• Sheriff’s Sales may take up to 8 months to close.

• A PSO typically operates within a 30 day time frame.

• When properties sit vacant for shorter periods, the community is positively impacted in several ways:

• • Tax revenue increases

  • Crime rates decrease

  • Neighborhoods become more vibrant

  • Properties remain in good repair

 

New Perspective Asset Management has been a source of financial relief to its clients. For over a decade, NPAM has resolved monetary problems, however in dire scenarios, the sale of property/assets is still necessary. As PSO’s, we are able to ensure personally that not a penny from those sales are wasted. New Perspective’s Private Selling Officers sell property for higher prices.