I am familiar with a piece of property that has been on the market for several months. Apparently they are going for volume representation.
I know the first two agents who listed this property. Their names are no longer on the property. However, there are 4 other signs currently on the property - all for different firms.
From driving by, it's hard to tell who really has the active listing on the property - or if anyone does. Maybe they're all expired and just leaving their signs in place to try to generate a phone call.
Is this a new approach to co-op selling?
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Hi Steve,
You know there's nothing like an "Open Listing" to add to the confusion! Here they are rare, yet every now and then we see one.
Steve, sounds confusing to the buyer! I don't know how the seller would expect a buyer to know who to call!
Maybe some are just tardy with sign pick-up. That's a violation of city sign code, MLS rules and state regs here.
For help on this: Who ya gonna call? Who ya gonna call?
Steve,
Sounds a bit strange. Is this property currently listed in MLS?
Steve, Looks as if the other firms are either looking for some free Ad space or are lazy. That would be a MLS violation here...
Hi Steve:
As what Lynda said...that might be an "Open Listing".
I believe that the USDA homes deals with Open Listings...
I'll check back to see if you found out more information on this property.
Lynda,
I don't know what is going on, but that might be part of it. :)
Steve
Tony and Darcy,
Really is interesting. Maybe they really are counting on any of those signs working. :)
Steve
Jim,
I suspect that might be part of it, but I really don't know. :)
Steve
Richard,
Don't really know how the property is listed. :)
Steve
Paul,
Any way you look at it, it's not your typical situation. :)
Steve
Toula,
I wouldn't want to guess what's going on there. :)
Steve
I've never seen that on Staten Island. That's crazy.
Kenneth,
I can assure you that this property is not on Staten Island. :)
Steve
Hi Steve - I've never seen multiple sings in a yard before. I must say, however, that I have listed properties and found a competitor's sign in the garage or basement. I think most responsible brokerages get their signs out of the yard on the day (or day after) a listing expires. It makes no sense to leave a sign in the yard after the listing expires.
It would seem that the sign that's really missing is 'Seller Wants to Much Money for this House. In our area, Open Listings are not supposed to be posted on the MLS, which certainly would cut down the marketing exposure.
Hi Steve,
I have also seen a property like this recently! I remember thinking it was very confusing! I will have to look it up, You have sparked my curiosity!
Judy
Steve, It sounds like a graveyard for REALTORS(R) signs who expired and moved on...and it is a curious and confusing situation! Thanks for the post!
Jon,
I can't explain it - only report on what I saw. :)
Steve
Ed,
Don't really know what is going on - I'm sure price is part of it. :)
Steve
Judy,
Thanks for sharing that you have seen this before, but it still doesn't explain it. :)
Steve
Wanda,
It could be just as you say. Maybe none of the signs represent a current listing. :)
Steve
Strange situation - it sounds like an open listing... When we take a new listing, we often assist the old listing agent in taking down and storing their signs for pick up.
Ryan,
You could be right - I really don't know, and I certainly wouldn't know which phone number to call. :)
Steve