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Home Sellers: The Hidden Risks of Limiting Who Sees Your Listing

By
Real Estate Agent with Kona Home Team (luva llc) RB-24133

So you’re getting ready to sell your home and starting to interview agents.
You might hear advice about keeping your listing “exclusive” — meaning only marketed within one brokerage — instead of putting it out freely to the open market.

At first, it can sound appealing. Maybe it’s pitched as a way to stay “private” or “in control” of the process.
But before you make that decision, it’s important to understand what’s really at stake — because how your home is marketed can make a big difference in how much you ultimately sell for.

Imagine trying to sell your car by telling just a few people at your office — no ads, no internet, no real exposure. Would you expect to get the best price?

The only reason I bring up the car example is because most of us have sold a few cars over the years. It’s something we can all relate to. Selling a home is different, but similar - it’s not something people do every few years. That’s why your marketing strategy matters even more when the stakes are higher.

Homes sell for more when they’re marketed to as many buyers as possible. Research from Bright MLS shows that homes listed through the MLS sell for nearly 17% more than homes sold privately or off-market. Cutting off exposure usually cuts into your bottom line.

Today, there’s a growing trend of promoting “exclusive” or “private” listings within a single brokerage, limiting visibility to only that firm’s agents and clients. While marketed as a benefit, it’s important to ask: who really benefits?

In high-net-worth markets like the Big Island of Hawaii, privacy is often used as a selling point. But true privacy concerns — like those involving celebrities or ultra-wealthy individuals — are rare. Most properties are already owned through trusts or LLCs that shield the owner's name. Simply keeping a listing off the MLS doesn’t achieve real anonymity.

That said, there are situations where limited exposure might make sense — like when someone in a condo complex doesn’t want neighbors to know they’re moving until after they’ve left, or when a family needs to sell quietly for a parent’s estate. Those choices should come from the seller’s real needs — not from pressure or convenience for the brokerage.


New NAR Guidance for Sellers

The National Association of REALTORS® recently released a new consumer guide explaining the rules:

  • MLS Listings: Homes must be submitted to the MLS within one business day after public marketing (like a yard sign or social media post). This supports fair housing and equal opportunity.

  • Exempt Listings:

    • Office Exclusive Exempt Listing: Property stays off the public MLS and is marketed only inside the brokerage.

    • Delayed Marketing Exempt Listing: Property is entered into the MLS but withheld from public websites (IDX and syndication) for a set period. During that time, sellers can still privately market.

  • Disclosure Requirements: Sellers must sign an acknowledgment that they are waiving MLS/public marketing benefits.

  • Local Variations: Rules vary by MLS and state law.


The Bottom Line

Sellers deserve full, honest advice about the financial impact of their marketing decisions.
For most, full exposure through the MLS is the best way to achieve the highest price and strongest terms.

Limited marketing may make sense in very specific, seller-driven situations — but it should never be used to create an advantage for a brokerage.

As REALTORS®, it’s our duty to put the client’s interests first. Always.


For More Information:

To read the full consumer guide from the National Association of REALTORS®, click here to view it directly. @nardotrealtor


📞 Contact Information

If you’re preparing to sell, I encourage you to bring this conversation into any interviews you have with agents.
Choosing the right marketing strategy upfront can make a real difference in your results.
I’d be honored to be one of the professionals you consider when the time comes.


Feel free to call, text, or email me any time:
📞 (808) 936-8383 | ✉️ Lance@KonaHomeTeam.com | 🌐 www.KonaHomeTeam.com

Home Selling Tips, Real Estate Marketing, MLS Rules, Exclusive Listings, Office Exclusive, Delayed Marketing, Big Island Real Estate, Hawaii Homes for Sale, Real Estate Advice, NAR Consumer Guide, Seller Representation, Home Selling Strategy

Posted by

Lance Owens RB-24133
 808.936.8383 

LUVA Real Estate | 75-240 Nani Kailua #8, Kailua Kona, HI 96740   
     REALTOR® / BROKER-IN-CHARGE • Residential homes, Condos, Land, Agricultural/ Equestrian/Large Acreage 
Hawaii Association of REALTORS® (HAR) 
     2025 President | 2023/24 State RPAC Chair
     2023 HARLA Graduate 
National Association of REALTORS® (NAR) 
     2023-25 Director | 2024-25 RPAC Participation Council | Safety Advisory Committee | Region 13 Leadership
NAR Designations
      
AWHD (At Home With Diversity) | PSA ( Pricing Strategy Advisor) 
West Hawaii Association of REALTORS® (WHAR)
     2023 REALTOR® of the Year | 2018/2022 Preside

Comments(3)

Show All Comments Sort:
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Hello Lance... we always talked about MLS as a way to expose a property to the widest array of buyers possible. Now we are suddenly talking about doing just the opposite.

Apr 07, 2025 09:34 AM
Kona Home Team (LUVA LLC) Lance Owens (RB-24133)

Nina Hollander, Broker I agree, It just seem mind blowing that we are even having this conversation in this day and age of transparency. 
Thank you for the feedback 

 

Apr 07, 2025 02:58 PM
GilbertRealtor BillSalvatore
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thanks for sharing and enjoy your week!

Bill Salvatore, Realtor- Arizona Elite Properties

Apr 07, 2025 11:20 AM
Kona Home Team (LUVA LLC) Lance Owens (RB-24133)

Aloha Bill Salvatore - East Valley  Thank you for the feedback and have a great week as well 

Apr 07, 2025 02:59 PM
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

It's great post, Thank you for sharing! 

 

Have a super fantastic week!

Joe Jackson, Realtor-KWCP

 

Apr 08, 2025 11:46 AM