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Lynnea Miller, Premier Real Estate Service in Central Oregon (Bend Premier Real Estate)

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Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I think it's BS! When will we, as a professional organization, realize that we no longer need this dictatorship? 

What about our sellers' wishes? I suppose they don't matter either? OH! That's right, it's a dictatorship!

And, it's a slap in the face to those who man our MLSs - they already have rules in place. Does NAR think our MLSs aren't capable? 

Unbelievable!

Oct 16, 2019 07:45 PM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hmm, doesn't it depend at all on what the seller wants?!

Oct 16, 2019 04:52 PM
Rainmaker
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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

Disagree with it and thank God there's a C.A.R. form for that! 

Coming soon is how I get massive results for my sellers...same as Apple.

I will not be participating in it.

Oct 16, 2019 06:58 PM
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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

I never market a property until the docs are signed, sign is in the yard and the home is ready to be SOLD! In other words, it will not affect my business.

Oct 16, 2019 06:18 PM
Rainmaker
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Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

It would NOT have made a difference to me Lynnea Miller as I usually went from the listing appointment (or taking pictures) right to placing it on the MLS. I know the C21 office in town used to market in house for a week before putting it on the MLS and I suspect that is what NAR is trying to end.

Oct 16, 2019 06:16 PM
Rainmaker
1,056,107
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Well beauty . . . NAR doesn't know what's best for our clients.

A contract is between us and our clients. NOT NAR.

There are times when a delay is necessary. And it's not to double end the deal. For example, I may be waiting on a permit file which is subject to FOIA request. I may need a bid on a well replacement or roof to provide to a prospective buyer. Or the client may not be back in the country with a key for me to provide access. There are a million different reasons it might not be MLS-ready.
Devil's Advocate: many brokers DON'T want to cooperate, and everywhere you go, there they are.

We should simply provide a signoff that the client ain't ready for MLS yet. To OUR Association. NOT them.

What? They re HQd in San Francisco now? LMAO

 

Oct 16, 2019 04:30 PM
Rainmaker
759,335
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

My MLS has allready put rules in place for this. We get 48 hours from the start date on the listing to have it on MLS & no premarketing is allowed.

If it's not going on within 48 hours it's a delayed listing & can be "Coming Soon", "Delayed listing with a specific go live date" or "not marketed on MLS/then you are prohibited from listing it for 30 days after submitting that form" & there is no pre-marketing any listing outside of the MLS.  

I was sort-of- joking with the Compliance people at our MLS recently & I said "You really don't trust us at all, do you?" 

There are reasons for delaying getting a property on MLS after getting the listing besides pocketing the listing. Owners may need time to spruce up the house before going live. After all we do suggest things & it can take time. Unless the house is perfectly staged in advance of the signing pictures can not be done in 48, much less 24 hours. There are lots of reasons listings don't go on in a flash. 

NAR should butt out of MLS related issues. 

Oct 16, 2019 03:49 PM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I don't disagree with the concept... the entire idea behind mls's is that we share our data... apart from pocket listings which don't get entered into MLA.  If you're marketing a property you should be listing it in MLS per the local MLS rules. However, I believe this is something that needs to be addressed by local MLS's and not time wasted at the NAR. There are more important things for them to focus on for our behalf than this one. As always NAR seems to have its priorities screwed up.

Oct 17, 2019 03:20 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

NAR has no business dictating our local MLS rules.  My MLS already has rules for this ... NAR ... but the hello out! 

Oct 16, 2019 04:59 PM
Rainmaker
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If I am in charge of marketing I dont need someone to regulate me doing it

Oct 16, 2019 03:52 PM
Rainmaker
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Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Makes little sense. Not too long ago our MLS was promoting" Coming Soon" riders. Currently I follow written instructions from sellers. " Coming Soon" riders are still for sale at our realtor stores. And NAR can't stop the sellers from putting a "For Sale /Coming Soon" sign in their yard.

Oct 16, 2019 03:09 PM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I think I'm really very glad our MLS is broker owned and stupid NAR has NO say so about what our rules are.

Oct 16, 2019 02:28 PM
Rainmaker
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Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I think it is good. I believe that it currently is 48 hours but that is an MLS rule. Unless you have the MLS waiver signed, it's got to be put in. Don't know how they would fine people on this.

I'm sure this is for areas with pocket listings.

Oct 17, 2019 05:37 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Sometimes it is a challenge to get everything done in the current 4 day deadline.

Oct 16, 2019 06:54 PM
Rainmaker
1,322,529
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

The proposal seems like an effort to keep mls relevant in an era when we see many new disruptive efforts to market properties without mls entry.

Oct 16, 2019 05:41 PM
Rainmaker
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Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Well, NAR or not NAR, in Miami won't work anyway. 

Oct 16, 2019 05:22 PM
Rainmaker
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Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

This has been a part of the mls input requirements in our area for some time.  Does this mean there are no violations?  Hmm...

When given the opportunity, I prefer to think of things that are beneficial.  

Oct 16, 2019 04:52 PM
Ambassador
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Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Oh please.....folks in my area are just now using 'coming soon' category.  Why on earth do we need yet more rules from them. Are they trying to clean things up due to the lawsuit story?

Oct 16, 2019 04:22 PM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

Why not?

The only reason any agent has a problem with this, would be if they wish to hold it out as a pocket listing first in order to increase their chances of finding their own buyer so they can double their commission.

I like the rule.

Eve

Oct 16, 2019 03:10 PM
Rainmaker
1,728,056
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

It is all about power. The thought that we are independent is contrary to the corporate business model. NAR knows it has little support from the mass of the 'hog-tied' membership that is forced to pay dues.

Oct 17, 2019 04:28 AM
Rainmaker
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James Dray
Fathom Realty - Bentonville, AR

With all the other issues, is this the best they can come up with?  Really!

Oct 17, 2019 03:55 AM
Rainmaker
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Roy Kelley
Retired - Gaithersburg, MD

Another good reason to liquidate NAR.

Oct 16, 2019 04:58 PM
Rainmaker
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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I think this reinforces the idea/suggestion/reality that all REALTORS are the same. Step one: Put in MLS Step two, give the owner a price beat down...same ole, same ole.

Such a proposed policy ignores the wishes of the owner/seller and denies them a real FINANCIAL benefit and/or exclusivity that keeps the value up, denies the owner the option of choosing an option that includes a period of exclusive marketing.

To be frank, I like the idea because it will continue to reinforce the message that REALTORS are members of a monopoly that reduces consumer choice, limits competition and betrays the very people who hear NAR and REALTORs say, "We got ethics.'

I am optimistic that this is not the end of the line regarding NAR nonsense.

 

Oct 16, 2019 03:30 PM
Rainmaker
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Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

That's pretty funny when I know the big brokerages are holding back listings for weeks in some cases. It all depends on what the SELLER wants not the MLS. Or NAR. And the sellers are already going around us by going with iBuyers.

Oct 16, 2019 03:28 PM
Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

sharing is caring!!!   

Oct 16, 2019 02:46 PM
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Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

I believe our MLS may already do that. I know I do.

Oct 17, 2019 05:46 AM
Rainmaker
469,510
Dan & Laurie Pittsenbarger Team
Keller Williams Western Realty - Bellingham, WA
Lakeside & Coastal Single Family Homes

Our MLS changed a few years ago and for us it's not even 24 hours - the property must be in the MLS before any marketing takes place. Even sending a buyer an email telling them about a listing you're going to input tomorrow would be a violation. Rules and enforcement are two different things but our rules are pretty tight. It is an effort to keep things fair for all of the public - both the buyers and the sellers. For the buyers it obviously gives all buyers a chance to "see" the listing on the market before it's gone. For seller's is does ensure that they truly get what the market will bring.

We can however sign a listing and have up to 30 days before going "live" to get the property MLS ready - but during that time there is to be zero marketing and zero promotion of the property. Fines do get levied every month for violators and it's not a cheap one.

Oct 17, 2019 05:36 AM
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

blah blah blah 

got nothing to do?  The lawyers can help to carry our signs within 0.1 ms.

blah blah blah

Oct 17, 2019 05:34 AM
Rainmaker
4,900,085
Richard Weeks
Dallas, TX
REALTOR®, Broker

Coming soon =  more double sided transactions.

Oct 17, 2019 05:18 AM
Rainmaker
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Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Nothing new. We don't have coming soon.

Oct 16, 2019 04:56 PM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

No opinion here. What about "coming soon"? Thought needs to be given. 

Oct 16, 2019 03:44 PM
Rainmaker
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Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

BrightMLS in our region just announced an "Off-MLS Listing policy" in a blast email yesterday.

Oct 17, 2019 04:08 AM
Rainmaker
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

A Listing should not be launched piecemeal !

Oct 17, 2019 02:25 AM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

No thoughts on this...

Oct 16, 2019 03:32 PM
Rainmaker
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Tom Bailey
Margaret Rudd & Associates Inc. - Oak Island, NC

This is a crock! A joke!

Oct 17, 2019 05:18 AM
Rainmaker
536,943
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

We just got the coming soon in place in our MLS.  Already had a 48 hour timeline to follow.  Fines will happen if we are outside the timeline.

Oct 17, 2019 05:17 AM
Rainmaker
1,205,973
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Our mls has a similar policy.  We need to keep the bar high but it does identify other concerns concerning ethical policies of others.

Oct 17, 2019 05:10 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Our MLS has a 48 hour rule except it doesnt seem to apply to the biggest company who markets coming soon until the first open house when it hits mls and showings start for buyer agents, but no buyer agent means come on in now.

Oct 17, 2019 05:09 AM
Rainmaker
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Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Interesting 

Oct 17, 2019 07:38 PM
Rainmaker
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

 Agree with it. I don't like the idea of agents trying to sell it themselves at a cost to the seller.

Oct 17, 2019 04:45 PM
Ambassador
3,383,384
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

I'd rather they outlaw dual agency, which seems to be one of the big complaints that stems from off-MLS marketing.  Some agents hold off putting the listing in the MLS until THEY THEMSELVES have a buyer.  That's not in the best interest of the seller to cherry pick the buyer that pays the listing agent twice.

Our MLS adopted this rule yesterday.  It's annoying.  My sellers have enjoyed the benefits of off-MLS marketing when they weren't quite ready for showings.  But if a buyer could look past the prep that still needed doing, I could show the home.  That said, it really won't hurt my clients that this is happening.   I am still able to work my network of local agents and them know by phone I have something coming up.

Seems like being for sale is something NAR deems you either are or are not.  

Oct 17, 2019 07:34 AM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

In the end, it comes down to MONEY and who gets it first!

Oct 17, 2019 06:14 AM
Rainmaker
556,536
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

If you are marketing a listing then it should be in the mls.

Oct 18, 2019 05:05 AM
Rainer
3,120
Jeffery Sweet
Sweet Group Realty - Meridian, ID
Real Estate Investments Specializing in * Real es

I think this should be an Agent / Sellers choice.  There are sometimes reasons why putting it on the MLS within 24 hours is not the best option for the seller and that should be there choice 

Oct 17, 2019 03:10 PM
Rainmaker
4,959,198
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I have to agree with it,  I still see to many pocket listing.

 

Oct 18, 2019 09:38 AM
Rainmaker
1,505,893
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

This is what I posted to a similar Reddit question:

Interesting policy, but it doesn't address the problem and hurts sellers who (for whatever reason) need privacy when selling (celebrities, domestic violence survivors, high value individuals, etc.). It also has a significant impact on those that deal with construction homes, whether new build or remodels and seems particularly written to hurt smaller offices and exclude them from the above sectors. It also doesn't prevent pocket listings, it just makes them "office exclusive pockets." The Broker, who gets a split from both sides of the table is the only one who really benefits here.

If an independent Broker gets a privacy conscious seller they have no one else in their office with whom to network it to. They have to network with exterior agents. If it's imperative for the seller's privacy/safety/etc. to stay off the MLS, this rule either forces small offices or independent Brokers to leave NAR (which is often not possible due to NAR's stranglehold on the MLSs in most of the country) or purposefully violate their rules. As per this rule, they'd have to list it in the MLS (in direct violation of the client's orders) if they talk to anyone about it. NAR makes no exception for the explicit direction of the client, which I think is a major issue (and one I brought up to them already).

I think they are on the right track, but they need to take this back for serious tweaking.

 
 
 
 
meanwhile we have stories about the Hotel Association putting out press releases to NOT use third party sites, but book through hotels directly and they give horror stories.  Why can't NAR do this?  It's no different than saying "Use a realtor, not Zillow and here's why."
Oct 18, 2019 07:31 AM
Rainmaker
765,973
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Ours is not to question why, ours is to do or die (wink, wink)

Oct 19, 2019 10:09 PM
Rainer
340,353
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

It's fascinating to read the comments on this posting. My market, Manhattan, does not have an MLS, and few members of the NAR- instead we are members of REBNY- which is tailored to our market. REBNY rules have long had us post listings publicly 24 hours after contract signing. Of course a particular contract could require us not to post this way- but most will. I figured this rule was a standard in the industry- but I am now learning that it hasn't been.

Nov 15, 2019 06:37 AM
Rainmaker
5,877,189
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Our MLS states we must have into MLS any changes including the new listing within 72 hours.

Oct 27, 2019 09:31 AM
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