RealTown's RealTalk

I've been meaning to ask this for awhile because they still practice this in a nearby MLS.

How common are open listings in the rest of PA or the country?

I swear I saw 20 different signs in the same yard once. Not only that but if you put IDX on your website, it has all of the contact information for the listing brokerages.

Not a heck of lot of incentive to spend marketing dollars, but I understand they also do use exclusive right to sell.

Some MLSs such as MRIS prohibit placing open listings in them. But I've seen farms in Orange County VA with bunches of signs.

Pat Hallesy, GRI, e-PRO
Advisor
Sperry Van Ness/Vaaler Real Estate
Fredericksburg, VA

Licensed in VA

Hi Malcolm,

Here in middle TN, we do not have open listings. Seems the norm for a seller to list w/ one company.Occassionaly, properties will have co-listing, especially if it's a large one which requires extra attention. With the huge expense of advertising and the added length of time in this economy to sell, it's great to have a co list!!

Robin H Dahl

Bob Parks Realty, Green Hills

Nashville,TN 37215

robindahl@realtracs.com

Editor's Note
See http://www.realtown.com/words/open-listingJohn

I agree. We do alot of co-listing properties in San Miguel County. It works well. The work is shared between 2 people.

From what I hear from others in PA, that MLS may be the only one still doing open listings.

We do have co-listings but I believe that's still an exclusive right to sell but it's shared.

Malcolm Waring, Realtor, e-PRO
Pocono Homes