Special offer

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Ambassador
3,343,466
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Oh my heavens ... what is or why is?  Who's on first? What's on Second. I don't know is on third.  Why is in the out field. Because is in center field. Tomorrow is the pitcher. Today is the catcher.  And I don't give a darn is the short stop.  

Apr 08, 2017 06:14 PM
Rainmaker
2,180,305
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

When they want to retain the ability to also sell it themselves !

Apr 09, 2017 06:07 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Well, that means any agent can bring the buyers!

Apr 08, 2017 09:59 PM
Rainmaker
710,515
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

It is not a good option for a seller. The seller needs a real estate professional who is working exclusively on his/her behalf.

Apr 08, 2017 07:55 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

When the seller has a huge ego and enjoys seeing agents fight over who it going to get to work with the seller.

Apr 08, 2017 06:47 PM
Rainmaker
4,272,536
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Carol Williams move to the front of the class with:   

An open listing is merely a FSBO, offering to cooperate with and compensate agents who bring a buyer

Apr 09, 2017 05:03 PM
Rainmaker
899,018
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

When they think they can sell their home on their own.

Apr 09, 2017 08:15 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

When is an open listing advantageous?

An open listing is merely a FSBO, offering to cooperate with and compensate agents who bring a buyer.  (CW)

When the seller is an attorney. Attorneys just may have a better use of their time.

When the intent is NOT TO SELL. As in an investor building lists.

When a bait and switch strategy is in place. 

When they are following the 'cut the nose of the spite the face' actions so many follow.

They are feeling lucky.

Apr 09, 2017 05:30 AM
Ambassador
2,176,071
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

An open listing is merely a FSBO, offering to cooperate with and compensate agents who bring a buyer.  There is no advantage, other than the PERCEPTION of saving one side of the commission.  The loss of representation for the seller is an expensive risk... IMHO.  

Apr 09, 2017 04:42 AM
Ambassador
6,380,446
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

only when the seller can find agents who are foolish enough to deal with them.

Apr 08, 2017 10:06 PM
Ambassador
2,682,719
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 IDK - YTM

Apr 08, 2017 07:59 PM
Rainmaker
5,772,470
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Debbie Reynolds gave you the answer. A

Apr 08, 2017 07:54 PM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

What Debbie Reynolds said.

Apr 08, 2017 07:48 PM
Ambassador
5,044,753
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It's not, ever

Apr 08, 2017 06:49 PM
Rainmaker
1,539,715
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

NEVER

Apr 08, 2017 06:26 PM
Rainmaker
5,205,874
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It is not!

Apr 08, 2017 06:14 PM
Rainmaker
1,045,440
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

The advantage of this is only in their minds and unfortunately their misunderstanding of how to sell a home quickly easily and for the greatest possible NET. If you want to learn how follow many here and or such sources as

Real Estate Info

FB real estate

Mar 24, 2018 07:14 AM
Rainmaker
1,501,618
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

We don't do them out here.  Exclusive or not at all.

Apr 09, 2017 06:31 PM
Ambassador
3,586,151
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

never

Apr 09, 2017 04:52 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

NO.... the seller will get nothing for marketing....nothing.... 

Apr 09, 2017 01:21 PM
Rainmaker
4,153,327
John Pusa
Glendale, CA

Many good answers for open listing advantageous.

Apr 09, 2017 09:17 AM
Rainmaker
1,724,986
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

As Kathleen Daniels wrote. How's the weather in Utah?

Apr 09, 2017 07:19 AM
Rainmaker
952,122
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Full commitment in professional marketing by a broker would not be there, therefore the home would not be promoted to its full potential. Of course the home may still sell, but I would not consider using this type of listing agreement on my own homes (even though I'm highly experienced in real estate), not worth it! There is a perception of savings, in reality, that may not be entirely true.

 

 

Apr 09, 2017 06:34 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

When they think they can wave a carot in front of agents and save one half of the fee. Since open listings don't have to be in writing, they are worth the paper they aren't written on.

Apr 09, 2017 06:27 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Kathleen Daniels nailed this one!

Apr 09, 2017 05:58 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

What do you mean by an open listing?

Apr 09, 2017 05:31 AM
Rainmaker
4,872,859
Richard Weeks
Dallas, TX
REALTOR®, Broker

Always

Apr 09, 2017 05:29 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

In my opinion, never.

Apr 09, 2017 05:27 AM
Rainmaker
7,822,470
Roy Kelley
Retired - Gaithersburg, MD

Rarely. 

Apr 09, 2017 04:56 AM
Rainmaker
5,102,824
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

What is an open listing?

Apr 09, 2017 02:58 AM
Ambassador
5,224,095
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Never

Apr 08, 2017 10:12 PM