Our local MLS allows the Selling Office to put a SOLD Sign on a property when a property goes under contract. This is a great way to let neighbors see that homes are selling in their local area. It also helps you build your reputation as someone that gets homes SOLD.


SOLD Sign


Each area has different rules and regs, but in the Seattle area we can have a SOLD sign as soon as we get Mutual Acceptance.  In fact this message was on the home page our our local MLS this week:

Consumer Confidence Boosted by Sold Strips.
Northwest Multiple Listing Service has received numerous comments from its members noting that sold strips communicate positive sales information to the public. Rule 140(c) affords the selling office the opportunity to post a sold strip on properties with a status of Pending or Pending BU. Please note that this reminder is not meant to undermine instances where it may not be appropriate to place a sold strip on a property.


Placing a SOLD sign can be a very inexpensive positive tool to help your local market continue to recover and get your some additional business.

If you are allowed to place SOLD signs on homes, do you?

 

Randy Randolph
Uber Broker
206-234-3647 v
206-400-1125 f
randy@randyrandolph.com
www.randyrandolph.com
www.uberrandy.com
Randy Randolph Profile Picture
 
Post is included in group: Keller Williams
Post is included in group: Keller Williams
Post is included in group: Learn to be a Top Producing Listing Agent

2 Comments on Help Increase Consumer Confidence in Your Local Real Estate Market

JAN
06
2012

I can totally see your point, Randy, on increasing consumer confidence by showing that sales are happening, but in my experience many deals haven't come together to close. We are allowed in Spokane & Coeur d'Alene to put the sign up once under contract. In my mind the home isn't actually "SOLD" until it's recorded. I have debated in my mind putting up a "PENDING" sign and decided against it because I want to be able to take backup offers just in case. I also operate under the superstition that if I put that sign of prematurely it is jinxed. I do, however, run over with the SOLD sign and ask the buyer if it is ok to leave it up for a few days.
3:27pm • #1
JAN
07
2012
214,712 Points 2 Featured Posts Outside Blog Called Shot Master

I think my area is losing out on that important tool.  Since my market is 90% condos, and many do not allow visible "for sale"or "sold" signs we are missing out.  Part of my 2012 Business Plan is to market more single family homes so that I can take advantage of the name recognition that comes with having a "sold" rider in front of a property.
8:39pm • #2


Spam prevention

To submit the form,
drag the computer to the circle on the side.

Image?id=52a2954f3c37504c9d1321ce86217e16eb4b61a3 Image?id=64d7e46e8eaa5dd554c9a31a90ff6e59669f7d99 Image?id=1a88cb395f8269704746f5bdcb2121fb66fd223f Image?id=d85019d2f6ae62a2dee2dd71a1e5d29dac517497 Image?id=af20df15d6dd8b10f9acbb8f0ebd501d29abdf5d

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:
Leave a response…

(optional)
Spam prevention

To submit the form,
drag the tshirt to the circle on the side.

Image?id=5c1639f3edf22470223c866b4d7661161a582742 Image?id=868f46aa2b91bfb6833d785296ea5dead0dd840e Image?id=ab615555007f28f0f4b6fd020f8c9df2b248d7c6 Image?id=7afebd304610133c3e50cc76bbb0fa8d52376133 Image?id=a3a7bd64c9f74a47144f957ac221faede04b9791

Accessibility option: listen to a question and answer it!

Type below the answer to what you hear. Numbers or words, lowercase:
 
Randy Randolph - Uber Broker Redmond, Kirkland, Renton, Short Sales (RSVP Real Estate) Rainmaker_large

Randy Randolph - Uber Broker Redmond, Kirkland, Renton, Short Sales

Redmond, WA

More about me…

RSVP Real Estate

Office Phone: (206) 234-3647

Cell Phone: (206) 234-3647

Email Me







Find Washington MLS Listings


Testimonials
48206
' We can’t be happier with Randy! We had to move overseas for work, and Randy represented us in renting and managing our property. He’s friendly, ... more '
5.0/5.0
by silviafu
45644
' He is friendly and outgoing. I was impressed with his listening skills when discussing my wants and needs. I felt that he was honest on presenting ... more '
5.0/5.0
by Marilynb2
My Seattle Real Estate Listings on Zillow





Listings

Links

Archives

RSS 2.0 Feed for this blog

Find WA real estate agents and Redmond real estate on ActiveRain.