Private Selling Officer (PSO)
The Ohio Private Selling Officer statute went into effect in late 2016 and quickly became a popular way to conduct foreclosure auctions in lieu of the county sheriff.
In brief, a PSO is authorized to offer property at judicial sale, market the property and pass title to purchaser via a PSO Deed.
We currently conduct approximately 1,000 commercial and residential PSO sales annually through our streamlined platform and format.
Full authority of the PSO can be found in Ohio Revised Code 2329.152 Authorization of Private Selling Officer.