| Author |
Ethical Concern for Posting a 'Coming Soon' Sign???
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| Michael Denning 2006-06-13, 10:21 pm |
| Hi-
I am preparing to put my house for sale in the next two weeks -- and
have had some initial discussions with a real estate agent that I like
- and intend to sign a listing agreement with as soon as my federal
agency I work for provides me with my final/signed move package. The
signed package should be completed in two weeks.
I am unable to sign a listing agreement until I have formal agency
approval or I forfeit my move benefits (which are substantial). In the
interest of gaining as much market exposure as early as possible, I
asked my future listing agent to post a 'Coming Soon' sign in my front
yard to let people know the house is coming on the market very shortly.
The agent is telling me it is unethical to do so - because other agents
will complain the property is not in MLS?? Is this a legitimate
ethical concern - or an excuse to not work for me until I am able to
commit to the listing agreement? I'm not willing to lose the two-weeks
of market exposure it ir's something that can be done.
Any input from market professionals much appreciated.
Mike
Maryland
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| roger61611@yahoo.com 2006-06-13, 10:21 pm |
| This forum is a dead end, see other forum...
| |
| Jim Ellis 2006-06-29, 9:25 am |
| The agent can't advertise your property until you have signed a listing
agreement.
"Michael Denning" <mdenning@mac.com> wrote in message
news:1150244739.927601.313500@p79g2000cwp.googlegroups.com...
> Hi-
> I am preparing to put my house for sale in the next two weeks -- and
> have had some initial discussions with a real estate agent that I like
> - and intend to sign a listing agreement with as soon as my federal
> agency I work for provides me with my final/signed move package. The
> signed package should be completed in two weeks.
>
> I am unable to sign a listing agreement until I have formal agency
> approval or I forfeit my move benefits (which are substantial). In the
>
> interest of gaining as much market exposure as early as possible, I
> asked my future listing agent to post a 'Coming Soon' sign in my front
> yard to let people know the house is coming on the market very shortly.
>
>
> The agent is telling me it is unethical to do so - because other agents
>
> will complain the property is not in MLS?? Is this a legitimate
> ethical concern - or an excuse to not work for me until I am able to
> commit to the listing agreement? I'm not willing to lose the two-weeks
>
> of market exposure it ir's something that can be done.
>
> Any input from market professionals much appreciated.
>
> Mike
> Maryland
>
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| Junior 2006-07-06, 5:25 pm |
| The agent certainly can advertise it. The only difference is, the agent
is not fully protected without a signed listing agreement.
"Jim Ellis" <jimellishus@SPAMyahoo.com> wrote in message
news:8bAog.35888$AB3.12954@fed1read02...
> The agent can't advertise your property until you have signed a
> listing agreement.
>
>
> "Michael Denning" <mdenning@mac.com> wrote in message
> news:1150244739.927601.313500@p79g2000cwp.googlegroups.com...
>
>
| |
| John Mianowski 2006-07-07, 3:25 am |
| That may vary by state. In Texas, an agent can be fined or have their
license suspended or revoked for advertising a property for which they
don't have a signed listing agreement.
=A7 1101.652. GROUNDS FOR SUSPENSION OR REVOCATION OF
LICENSE.
(b) The commission may suspend or revoke a license issued
under this chapter or take other disciplinary action authorized by
this chapter if the license holder, while acting as a broker or
salesperson:
(18) places a sign on real property offering the real
property for sale or lease without obtaining the written consent of
the owner of the real property or the owner's authorized agent;
JM
Junior wrote:[color=darkred]
> The agent certainly can advertise it. The only difference is, the agent
> is not fully protected without a signed listing agreement.
>
> "Jim Ellis" <jimellishus@SPAMyahoo.com> wrote in message
> news:8bAog.35888$AB3.12954@fed1read02...
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