Improper Coming Soon Listings:

Serve the listing brokers interest ahead of the clients interest.

Are misleading and inaccurate.
Compromise MLS accuracy.
Undermine cooperation amongst real estate professionals.
 Idaho Real Estate Commission

Guidance #8: Coming Soon Listings

https://irec.idaho.gov/guidelines/guid
eline08.pdf
 Nebraska Real Estate Commission

Commission Policies and Interpretations No. 40

http://www.nrec.ne.gov/legal/policyint
erpretation.html#PI40
 Nebraska Real Estate Commission
Commission Policies and Interpretations No. 40
Requirements for Proper Coming Soon Listings:
Active Listing Agreement.
Advertising under brokers name and supervision.
Property owners knowledge and written consent.
May not be currently shown or marketed to a limited
group.
Best Practices for Coming Soon Listings
Confirm your advertising complies with state licensing
laws and regulations.
Consult with your MLS.
Identify a compelling reason.
Always have a representation agreement.
Apply a coming soon restriction equally.
All of the slides from todays presentation are available on the
Window to the Law page of www.nar.realtor.

Chloe Hecht
checht@realtors.org
Copyright 2017 National Association of
REALTORS. All rights reserved.