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Rainmaker
5,773,919
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy
www.dre.ca.gov › files › pdf › refbook › ref10
 
Although net listings are not illegal in California, they can easily lead to a breach of the agent's fiduciary obligations and should be used only with highly sophisticated clients, or clients who are independently represented and, of course, with full disclosure of all of the conflicts involved.
Nov 10, 2019 09:20 PM
Rainmaker
2,469,598
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

WHAT! I thought they were illegal in all 50 States.

Nov 10, 2019 07:28 PM
Rainmaker
5,038,547
Richard Weeks
Dallas, TX
REALTOR®, Broker

They are allowed in Texas; however, not poular in our area because you can not have one in mls.  I have no idea why a seller would want to enter into that type listing.

Nov 11, 2019 04:02 AM
Rainmaker
1,862,762
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No can do here at my company & in IL.

Nov 11, 2019 04:45 AM
Rainmaker
5,394,992
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Surprisingly legal in many states but highly discouraged!

Nov 11, 2019 04:28 AM
Rainmaker
3,627,372
James Dray
Fathom Realty - Bentonville, AR

Not allowed in Arkansas

Nov 11, 2019 01:14 AM
Ambassador
6,590,395
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I dont know of any states where these are legal.

Nov 10, 2019 10:15 PM
Ambassador
2,268,163
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Net listings are NOT legal in Washington State. 

Nov 10, 2019 07:23 PM
Rainer
231,998
Eva B. Liland Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service 661-714-1643

Net listings are legal in California but as a Realtor I only do Exclusive with all rights. If you have a salesperson license with department of housing and work for a mobile home dealer, they prefer to do to netlistings. Basically asking the seller how much money do you want in your pocket to walk away with. In those kind of net listing, the mobie home dealer is also responsible to take care of any needed repairs and pay for them as well.

Nov 11, 2019 03:20 AM
Rainmaker
1,255,748
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Legal in CA

Nov 11, 2019 07:39 AM
Rainmaker
5,223,362
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Nothing to do with "popular" or not... net listings are illegal in North Carolina and in many other states.

Nov 11, 2019 05:05 AM
Rainmaker
1,527,524
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

They're not legal here.

Nov 11, 2019 08:43 AM
Rainmaker
1,598,552
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No net listing ever done.

Nov 11, 2019 08:42 AM
Rainmaker
5,948,048
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Not had a net listing.

Nov 25, 2019 08:12 AM
Rainmaker
914,993
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Net listings are illegal in Connecticut.

Nov 12, 2019 12:35 PM
Rainmaker
771,055
Peter Testa
Kiwi Homes - Danbury, CT
PETER TESTA

I take 1 kind of listing & 1 kind of listing alone- Exclusive Right to Represent Seller.

If net listings are illegal most everywhere - except Florida - then I would suggest agents don't do them. Why invite liability into your life?

Nov 12, 2019 05:32 AM
Rainmaker
3,416,159
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

They are illegal here in NH. I can tell you the only people who seem to ask are usually investors and those desperate to sell their homes who say bring me an offer of xxx and you can keep anything over as your commission. Then i have to explain it is not allowed, AND then explain the right way to do it. Many are surprised their property is worth more than they thought and that my fee is lower than they may have paid under their initial idea. 

Nov 12, 2019 05:17 AM
Rainmaker
2,071,135
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

No net listings for us.

Nov 11, 2019 08:13 PM
Rainmaker
646,464
Tom Bailey
Margaret Rudd & Associates Inc. - Oak Island, NC

Not legal in NC!

Nov 11, 2019 08:11 PM
Rainmaker
1,713,576
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Not in two decades.

Nov 11, 2019 04:03 PM
Ambassador
3,396,809
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

What A of Ron and Alexandra Seigel said. 

Nov 11, 2019 01:30 PM
Rainmaker
1,399,763
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

While net listings are legal, we have never done one and I doubt that we ever will. Too much opportunity for finger pointing, accusations and squabbling over money.

Nov 11, 2019 01:07 PM
Rainmaker
8,049,026
Roy Kelley
Retired - Gaithersburg, MD

Smart agents do not use net listings.

Nov 11, 2019 11:59 AM
Rainmaker
5,583,758
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Net listings are ILLEGAL

Nov 11, 2019 11:10 AM
Ambassador
3,632,094
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

No they are not and have don't know of any agents that have done a net litings. Fraught with issues....

Nov 11, 2019 09:29 AM
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