

117,122
Kenya Monterrosas The concern with net listings is that an unscrupulous agent could list a property where the seller says they only want $150,000 but the agent knows he/she can sell it for $190,000, thereby pocketing a $40,000 commission instead of a $9,575 commission (at a commission rate of 6%).
The prohibition on net listings is intended to protect the uninformed seller.
-
Ryan Huggins - Thousan...
Thousand Oaks, CA
-
Barbara Todaro
Franklin, MA
-
Nina Hollander
Charlotte, NC
-
Maria Sapio
Carlisle, PA
-
Bob Crane
Stevens Point, WI
-
Roy Kelley
Gaithersburg, MD
-
Ken Jones
Toms River, NJ
3,985,898
It is a true conflict of interest - it is not in the consumers' best interest. Net listings tend to benefit the agent who has a professional advantage over the general public.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Peter Testa
Danbury, CT
-
Richard Weeks
Dallas, TX
848,145
Net listings can tempt a unscrupulous agent to take advantage of an unwitting, naive seller.
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Nina Hollander
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob Crane
Stevens Point, WI
6,217,652
Follow the rules in your state. Consumer protection is the goal.
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Nina Hollander
Charlotte, NC
-
Bob Crane
Stevens Point, WI
1,588,722
No idea.
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Valeria Mola
Sunny Isles Beach, FL
-
Debe Maxwell, CRS
Charlotte, NC
563,279
Ken Jones has given a very clear answer.
-
Bob Crane
Stevens Point, WI
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander
Charlotte, NC
2,059,101
I don't know
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
-
Valeria Mola
Sunny Isles Beach, FL
1,623,334
Debe Maxwell, CRS has your answer.
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
2,968,275
I wish you all the best with your real estate studies.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Debe Maxwell, CRS
Charlotte, NC
1,614,372
B/C nets aren't the best way to sell a property. Great for fishin' though!
-
Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
653,636
I haven't ever even considered it. Apparently some unscrupuous agents have so law makers had to put something on paper to protect the seller.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Debe Maxwell, CRS
Charlotte, NC
3,894,647
Usually to protect an uninformed seller from egregious profit by an unscrupulous agent!
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander
Charlotte, NC
5,082,388
Because the state thinks that our clients are total morons and that agents are evil geniuses.
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob Crane
Stevens Point, WI
1,625,707
It creates a conflict of interest between the agency and the client.
-
Debe Maxwell, CRS
Charlotte, NC
5,555,926
it's an important protection for the seller.... that equity could end up in the agent's pocket with a net listing....
-
Debe Maxwell, CRS
Charlotte, NC
1,806,845
Once again you ask yet another question that has been asked multiple times recently. Start studying of expect to wash out fast.
-
Debe Maxwell, CRS
Charlotte, NC
1,707,191
1,123,573
pocket profit.
But in CA there are no dummies, 100% home owners already know the value and will sell at going or above going price.
-
Debe Maxwell, CRS
Charlotte, NC
3,760,658
Some states think it puts the seller at a disadvantage.
-
Debe Maxwell, CRS
Charlotte, NC
3,771,430
378,906
1,133,386
4,604,851
3,706,005
1,508,825
5,224,323
1,345,813