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Ambassador
3,037,439
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Oh my heavens ... what is or why is?  Who's on first? What's on Second. I don't know is on third.  Why is in the out field. Because is in center field. Tomorrow is the pitcher. Today is the catcher.  And I don't give a darn is the short stop.  

Apr 08, 2017 06:14 PM
Rainmaker
2,020,150
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

When they want to retain the ability to also sell it themselves !

Apr 09, 2017 06:07 AM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Well, that means any agent can bring the buyers!

Apr 08, 2017 09:59 PM
Rainmaker
549,250
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

It is not a good option for a seller. The seller needs a real estate professional who is working exclusively on his/her behalf.

Apr 08, 2017 07:55 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

When the seller has a huge ego and enjoys seeing agents fight over who it going to get to work with the seller.

Apr 08, 2017 06:47 PM
Ambassador
3,725,594
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Carol Williams move to the front of the class with:   

An open listing is merely a FSBO, offering to cooperate with and compensate agents who bring a buyer

Apr 09, 2017 05:03 PM
Rainmaker
818,607
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

When they think they can sell their home on their own.

Apr 09, 2017 08:15 AM
Rainmaker
882,547
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

When is an open listing advantageous?

An open listing is merely a FSBO, offering to cooperate with and compensate agents who bring a buyer.  (CW)

When the seller is an attorney. Attorneys just may have a better use of their time.

When the intent is NOT TO SELL. As in an investor building lists.

When a bait and switch strategy is in place. 

When they are following the 'cut the nose of the spite the face' actions so many follow.

They are feeling lucky.

Apr 09, 2017 05:30 AM
Rainmaker
1,715,326
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

An open listing is merely a FSBO, offering to cooperate with and compensate agents who bring a buyer.  There is no advantage, other than the PERCEPTION of saving one side of the commission.  The loss of representation for the seller is an expensive risk... IMHO.  

Apr 09, 2017 04:42 AM
Ambassador
5,358,671
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

only when the seller can find agents who are foolish enough to deal with them.

Apr 08, 2017 10:06 PM
Ambassador
2,564,031
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 IDK - YTM

Apr 08, 2017 07:59 PM
Rainmaker
5,527,257
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Debbie Reynolds gave you the answer. A

Apr 08, 2017 07:54 PM
Rainmaker
1,525,205
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

What Debbie Reynolds said.

Apr 08, 2017 07:48 PM
Ambassador
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It's not, ever

Apr 08, 2017 06:49 PM
Rainmaker
1,214,087
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

NEVER

Apr 08, 2017 06:26 PM
Rainmaker
4,159,333
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It is not!

Apr 08, 2017 06:14 PM
Rainmaker
1,044,339
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

The advantage of this is only in their minds and unfortunately their misunderstanding of how to sell a home quickly easily and for the greatest possible NET. If you want to learn how follow many here and or such sources as

Real Estate Info

FB real estate

Mar 24, 2018 07:14 AM
Rainmaker
1,380,623
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

We don't do them out here.  Exclusive or not at all.

Apr 09, 2017 06:31 PM
Ambassador
3,258,976
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

never

Apr 09, 2017 04:52 PM
Rainmaker
5,571,343
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

NO.... the seller will get nothing for marketing....nothing.... 

Apr 09, 2017 01:21 PM
Rainmaker
3,428,465
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Many good answers for open listing advantageous.

Apr 09, 2017 09:17 AM
Rainmaker
1,635,642
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

As Kathleen Daniels wrote. How's the weather in Utah?

Apr 09, 2017 07:19 AM
Rainmaker
843,936
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Full commitment in professional marketing by a broker would not be there, therefore the home would not be promoted to its full potential. Of course the home may still sell, but I would not consider using this type of listing agreement on my own homes (even though I'm highly experienced in real estate), not worth it! There is a perception of savings, in reality, that may not be entirely true.

 

 

Apr 09, 2017 06:34 AM
Rainmaker
1,456,827
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

When they think they can wave a carot in front of agents and save one half of the fee. Since open listings don't have to be in writing, they are worth the paper they aren't written on.

Apr 09, 2017 06:27 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Kathleen Daniels nailed this one!

Apr 09, 2017 05:58 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

What do you mean by an open listing?

Apr 09, 2017 05:31 AM
Rainmaker
3,997,425
Richard Weeks
Dallas, TX
REALTOR®, Broker

Always

Apr 09, 2017 05:29 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

In my opinion, never.

Apr 09, 2017 05:27 AM
Rainmaker
6,545,029
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Rarely. 

Apr 09, 2017 04:56 AM
Rainmaker
4,056,567
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

What is an open listing?

Apr 09, 2017 02:58 AM
Ambassador
4,201,309
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Never

Apr 08, 2017 10:12 PM