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I would love to tell you all about our Coming Soon listings, but ...

By
Real Estate Agent with Thompson Company, REALTORS® 240.593.2860 MD594797

I would love to tell you all about our Coming Soon listings in Silver Spring, MD and beyond, while our wonderful sellers are getting their homes perfect for the market. But, I can't just yet, my hands are virtually tied.

You see, we now have a new(ish) MLS rule (in effect since Nov. 2019) that is enforceable and tied to hefty fines if we are found in violation. It requires that we (REALTOR® members of the BrightMLS) enter our listings into the system within one day of advertising them publicly. That includes, but is not limited to, flyers, For Sale signs, postcards, social media announcements, and, yep, blog posts. 

At its core, it is a beneficial policy designed to promote and protect the best interest of our clients. But in practice, it is also twisting my arms to not tell you all about our Coming Soon listings until we are ready to enter them into the MLS. 

The policies do allow us to advertise a listing under a Coming Soon status for up to 21 days, so why aren't we doing just that?

For two very important reasons: (1) the list price has to be set and disclosed, and (2) the market is sooo hot, and available listings scarce, our clients don't want buyers flocking to their homes while they are finishing up our to-do list, making their homes sparkle and adding Spring curb appeal.

Coming Soon listings Thompson Company REALTORSWhat I can tell you about these Coming Soon listings is:

*they are turn-key homes: nothing to do but to bring all your things and move right in

*they all come with a deck to enjoy a beautiful view of wooded areas

*they are filled with happy memories with lots of room for more

*they've been loved, and you'll fall in love, too 

 

 

So watch this space and our Facebook and Instagram for more details about our listings in Silver Spring, MD and beyond coming real soon! You won't want to miss your chance! 

Posted by

Andrea Bedard
Thompson Co., REALTORS®

Silver Spring, Maryland
andreabedard.com

Fluent in Real Estate and German.
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Comments(6)

Catherine Ulrey
Keller Williams Capital City - Salem, OR
Equestrian and Acreage Property Specialist

We have similar rules here at our local board also.  It is frustrating on several levels, sometimes I wish we would just do away with the coming soon status.

Mar 05, 2020 08:04 PM
Andrea Bedard
Thompson Company, REALTORS® 240.593.2860 - Silver Spring, MD
Fluent in Real Estate & German, M.A. ABR ASP CIPS

I understand the thought behind it Catherine Ulrey but it is tough when you are itching to market but can't just yet. I discuss the options with my clients and we talk about the pros and cons of the Coming Soon status. Perhaps - and that is my hope - we'll tweak and evolve this policy down the road.  

Mar 06, 2020 04:24 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Andrea - sometimes working within the rules presents a challenge.

Mar 06, 2020 06:11 AM
Andrea Bedard
Thompson Company, REALTORS® 240.593.2860 - Silver Spring, MD
Fluent in Real Estate & German, M.A. ABR ASP CIPS

So true Michael Jacobs, it's a delicate balancing act at times. I just want to do what is best for my clients.. at this point it would be starting to get the word out while they finish up the preparation process but without disclosing all the details. 

Mar 06, 2020 06:34 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

well done post!  I really chuckled when I read your post!  have a great week! 

Mar 11, 2020 06:45 PM
Andrea Bedard
Thompson Company, REALTORS® 240.593.2860 - Silver Spring, MD
Fluent in Real Estate & German, M.A. ABR ASP CIPS

Thank you so much Lise Howe, am glad you got a chuckle out of it! 

I just put one of these Coming Soon-listings on the market... blog post is in the works!

Mar 13, 2020 04:15 AM