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On the seller. On the buyer. On the agent(s) involved. On what is in writing.
Lots more questions to ask.
Tony and Suzanne Marri...
Kathleen Daniels, Prob...
San Jose, CA
Debe Maxwell, CRS
We have a 'ready to show' date on any listings we do the coming soon sign.
Our MLS just implemented a coming soon status which is considered an Active status so it begins the count of days on market, yet the public can't even see the MLS listing at the point and according to our MLS rules the home can't be shown yet. It's pretty clear to me the MLS was trying to curb the use of coming soon, as it totally hurts the seller to have a home come on market at 7 or 14 days already on the count. The first two weeks here homes often have offers, so this starts it as a stale listing. I get it, but it also hurts the sellers and agents who have a great pre-marketing system to hype the house up for the first open house or first weekend on market and truly are not doing it to try to double end it. So, to your question, it would be against MLS rules to show it. But, what are your MLS rules on Coming Soon? Are there any? Our rules used to be that if the listing agent would show it to his/her clients they had to show it to other agents clients otherwise nobody should be seeing it. What's best for the seller? To get it sold pre-listed or to get it ready for sale, in tip top shape and then show it? That answer may vary depending on circumstances. -Kasey
when we have a coming soon, we start showings when it hits mls.... or we may decide to start showings at the first open house event.... no showings until then.... they can all visit the open house and submit offers.... coming soon (obviously with a signed agreement) gives us time to market and buyer agents time to do their due diligence.... we also put a sign up in front of the house when we have that listing signed.... everyone knows it's coming soon...we have a rider on the sign...
Write an offer. If the LA refuses to present it, go directly to the Seller.
Lets cut out the baloney...that the agent is hoping for multiple offers...
HA< HA< HA!
The agent that does that is ONLY hoping that they find a buyer for it before it really goes on the market.
PS: if I had a buyer for that I would call the listing agent and make sure I get an appointment to see it tomorrow.
Fred Griffin Florida R...
It's up to seller. Here, we can show and sell it if it's not yet in the MLS. If it is in the MLS, they need to wait until it's active. They can prepare their offer if they're serious.
Depends on seller & listing agent.
Call the listing agent and see. Often times it's a wait until it gets on the market situation. I've let a couple relo buyers in here and there.
The buyer waits until the property is ready for showings.
That is the proverbial can of worms.
We' don't have "coming soon" listings here so I have no clue - reading...
Call the listing agent and ask.
Depends on the agent Nathan. Some are looking to sell it themselves others are simply gaining traction and momentum.
In Colorado there have been a few complaints filed when this happened. Only if you have it specifically written in the listing agreement that you can market to the public without giving agents the same privilege.
I have not posted coming soon homes.
Yes, this is the whole point. Usually the listing agents tries to sell it before the official day. Recently we see a lot of ''coming soon''. Great for marketing, but I noticed that pockets usually sell for less and have little or no exposure to public.
Give the agent a call and see what he or she has to offer.
We write it up and make sure we get paid.
When I post a coming soon, the listing agreement is signed and the offer to cooperate with other brokers is given, so all offers are welcome.
Michael Jacobs nailed this one!
That is why coming soon should only be used when a home is listed, but need time such as seller is ainting, organizing or reading the house for sale. You only have 1 shot at being a new listing.
If we list a coming soon property in our mls we are prohibited from showing that property until the listing is activated. Obviously, someone can make an offer sight unseen.
Nathan Gesner - if I can show the listing, I do! And write an offer if the seller is willing to review it (and accept it!)
Nothing wrong in asking!
ou tell the seller and let them make the decision on wether to show or not.
Nobody views the home until it goes active to all agents. That is my rule.
Wait in line like everyone else, and get out your wallet.
Call door knock ask to talk to the listing agent (not seller).
I do not do that. I fish in the ocean not with a coming soon sign.
Coming soon in a sellers market with hungry buyers?...lets get moving here
Call the listing agent and request a showing immediately.
Here, it means that buyers have to wait until it's active in MLS - to...
1. Be fair to all MLS members
2. Be fair to all buyers and
3. Do the right thing for the sellers.