As a buyer's agent, you probably would say no to Coming Soon listings and think why do it because it draws too much attention or not enough attention or makes the home appear dated before it ever makes its debut or the sign is ugly, or I dunno. But I suspect most buyer's agents don't want their buyers to have to compete because competition tends to produce losers, and agents don't want to lose.
As a listing agent, however, Coming Soon listings have worked very well for my sellers. That's because we are selective in the properties we choose to feature as a Coming Soon listing. It's possible to receive a pretty much instant profit, up to almost a 5% boost in sales price by properly utilizing a Coming Soon listing, which justifies my full-service commission and then some.
You can read more about this in my personal blog today and see the photo and information of a brand new Coming Soon listing in Elk Grove for $295,000 at this link: Coming Soon Listings in Elk Grove.
Comments(10)