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Ambassador
2,990,756
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

If it is done within a few days of activating the listing on the MLS ... I have no issues with it.  I've seen coming soon sign riders up for months.  

Jan 20, 2018 06:26 PM
Rainmaker
512,344
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Our Board has now said it is a "No Go" and I'm glad.

Jan 20, 2018 08:48 PM
Rainmaker
3,853,022
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I don't particularly care for them. More importantly, I've found that my sellers don't care for them. We have a coming soon category in our mls, but cannot show the home. It's a lot more paperwork. Why bother. Roll out a terrific marketing program the day of listing and all is well.

Jan 21, 2018 04:29 AM
Ambassador
2,538,863
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 Our Board just issued some rules in that regard.  Let me go look them up.  BRB

Jan 20, 2018 06:12 PM
Rainmaker
1,707,197
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

My cynical side says the listing agent is trying to find their own buyer.

Jan 21, 2018 04:04 AM
Ambassador
4,040,963
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I don't have a problem with it as long as they follow our MLS guidelines. It's the ones who don't follow the guidelines that make many agents wish they would outlaw 'coming soons!'

Jan 20, 2018 09:24 PM
Rainmaker
290,569
Allie Angeloni
Long Realty - Oro Valley, AZ

I will read replies below, as you have many Richie Alan Naggar!  For me, I am starting to see this often, and it usually means one of two things:  either they already have a buyer (from their office or from their client list) and are just 'advertising', because very soon this sign rider will be down and 'under contract' rider will be up - or - work is being done on the house (deferred maintenance) to 'prepare' it to go live on a certain date, and they are giving folks a heads-up.  It is usually not in the MLS at this point.  

Jan 21, 2018 07:38 AM
Rainmaker
1,698,685
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

They are a violation in my area for FMLS members.

Jan 21, 2018 05:59 AM
Rainmaker
4,799,256
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

As long as there's a signed listing agreement and an offer to cooperate with other Realtors, I am fine with it.

Jan 21, 2018 05:50 AM
Rainmaker
3,496,208
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Don't like it but, it is here and I've learned to live with it

Jan 21, 2018 04:07 AM
Rainer
353,360
Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

I use them but for no more than 2 weeks prior to listing but I would never accept an offer prior to "on market date".  Got to give everybody a chance to see it and get an offer in.

Jan 20, 2018 11:12 PM
Ambassador
3,608,829
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

We can't do it in our state!

Jan 20, 2018 09:22 PM
Rainer
230,924
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

soon.. is that like i will pay that invoice soon?

Jan 20, 2018 07:25 PM
Rainmaker
1,372,828
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

It is called GREED.  Here if you do not own the property it is a fine. and also starting to see signs up before the property is listed to garner a sale.

Jan 21, 2018 05:45 AM
Rainmaker
4,433,483
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not use it.

Jan 21, 2018 02:54 AM
Ambassador
5,165,043
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I have no problem with it.

Jan 20, 2018 10:17 PM
Rainmaker
1,132,095
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I saw one for three months. Next is pending...... 

Jan 20, 2018 08:45 PM
Ambassador
2,053,937
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

I recently had a seller request a sign with rider a week before we could put the home on the market. I don't think it made any difference.

Jan 20, 2018 06:15 PM
Rainer
352,776
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

I agree with Nina Hollander .  I’m seeing more abuse of the Coming Soon method and can’t see a need for it.  

 

Jan 21, 2018 09:15 PM
Rainmaker
1,355,908
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I love them!  I use them quite often, on just about every flip listing I do.  Generate that buzz before it goes live in the MLS.  Sold my first house that way for 300k over list in multiple offers!

Jan 21, 2018 12:16 PM
Rainmaker
745,994
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Our board recently adopted a "coming soon" category...  What do I think about it?  Nina Hollander took the words right out of my mouth. 

Jan 21, 2018 10:08 AM
Rainmaker
5,570,348
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I like it....we do it.... when the property goes into mls, it sells quickly.... we always have a signed listing agreement, obviously, before that sign goes up...

Jan 21, 2018 07:56 AM
Rainmaker
803,567
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I think our board is considering incorporatin that. In a tight market, it might reduce days on market and/or create more hype... or under-the-table dealings?

Jan 21, 2018 07:28 AM
Rainmaker
3,830,820
Richard Weeks
Dallas, TX
REALTOR®, Broker

Not a big fan.

Jan 21, 2018 07:13 AM
Rainmaker
6,308,788
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I have never used them but I do see them in our area.

Jan 21, 2018 07:00 AM
Ambassador
417,112
Emily Medvec
eXp Realty LLC - Santa Fe, NM
Realtor | Serving Santa Fe & Northern NM

I agree with Gabe Sanders. If listing agreement and within MLS rules, I am aok. Issue I see are the "pocket listings" without an agreement and spread by word of mouth. 

Jan 21, 2018 06:40 AM
Rainmaker
90,869
Cathy Starkweather
La Rosa Realty, LLC. - Celebration, FL

If it's within a few days of being an active listing, I don't see a problem with it. Not sure how much difference it would make, I've not personally used coming soon signs. 

Jan 21, 2018 06:14 AM
Rainmaker
2,007,644
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I used it for the first time this month on New Construction

Jan 21, 2018 05:55 AM
Rainmaker
1,690,478
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Stupid but it would depend on the speed of the market.

Jan 21, 2018 05:39 AM
Rainmaker
3,291,824
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

You only have 1 chance to be a new listing, i say do not waste it when a buyer can not see a home they get excited about

Jan 21, 2018 05:13 AM
Rainmaker
864,576
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Agents SHOULD collaborate by creating a safe zone for home sellers by creating a secondary inventory of homes not in the system. A safezone where the agent retains control of the homes information and can retract the same, 100% when the sale is completed.

When critical mass of 'invisible inventory homes' is high in the public awareness, the inventory on the Evil Empire becomes suspect. Folks KNOW the good stuff is hidden. 

But agents lack courage and vision and the need to protect their client and themselves even though they KNOW their broker, franchise, association, MLS and NAR has made victims of their client and the agent.

This agent will welcome the change that is inevitable.

Jan 21, 2018 05:11 AM
Rainmaker
3,069,584
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We don't use it...

Jan 21, 2018 05:00 AM
Rainmaker
3,971,657
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not a fan, but to each their own!

Jan 21, 2018 04:54 AM
Rainmaker
826,678
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

A lot of game playing with agents using them to try to find buyers without an agent. Like Kathleen Daniels mentions, I too have seen signs up for months. We have a limited amount of days they can be used, ( 14 i think), but our broker prefers that we only use them for 3 days if at all.

Jan 21, 2018 03:05 AM
Ambassador
4,312,167
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Good marketing tectic, Richie Alan Naggar.

Jan 20, 2018 10:51 PM
Rainmaker
54,478
Jordan Ayan
The Lifestyle Collection - Scottsdale, AZ
Luxury Market Expert, CLHMS,Million Dollar Guild

I have found so far it works, if done for a short time, and does not if it is done for a long time.  

Jan 20, 2018 09:15 PM
Rainmaker
3,296,624
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Richie Alan Naggar some agents take advantage and keep property offmarket over a month.

Jan 20, 2018 06:51 PM
Rainmaker
1,044,289
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Depending on how they are used they can either be a good and useful marketing tool to benefit the sellers or not.

Jan 24, 2018 07:24 PM
Rainmaker
4,682,034
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Our real estate commission created a new rule - must be in the listing agreement, and only 3 days prior to entering into MLS.    It creates a lot of mad buyers when the listing agent is trying to double end the deal.

Jan 24, 2018 05:27 AM
Rainmaker
1,508,951
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Just a step into marketing. 

Jan 21, 2018 09:55 PM
Ambassador
3,986,518
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I love using them and have one out right now. @weeks is the time they stay up and then the listing will go live. The sellers like them too and nobody sees the listing until the live date.

Jan 21, 2018 06:56 PM
Rainmaker
3,985,765
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Not a fan of it

Jan 21, 2018 01:41 PM
Rainmaker
577,189
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

Our Board does not permit that any more, but of course, a few agents who don't like following the rules still do it... and I report them.. Let's all play by the same rules.

Jan 21, 2018 12:13 PM
Rainer
138,995
Anthony Kirlew
Group 46:10 Network @ eXp Realty - Gilbert, AZ
Helping You Make Fiscally Sound Choices

I beleive it's a great marketing tactic and can help the locals let their friends know that a home is coming up in their neighborhood (since people often want their friends and family to move close by)

Jan 21, 2018 08:14 AM
Rainmaker
1,440,727
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Richie Alan Naggar If it's for a legitimate reason, I'm okay with it.

Jan 21, 2018 06:25 AM