As a buyer's agent, you probably would say no to Coming Soon listings and think why do it because it draws too much attention or not enough attention or makes the home appear dated before it ever makes its debut or the sign is ugly, or I dunno. But I suspect most buyer's agents don't want their buyers to have to compete because competition tends to produce losers, and agents don't want to lose.
As a listing agent, however, Coming Soon listings have worked very well for my sellers. That's because we are selective in the properties we choose to feature as a Coming Soon listing. It's possible to receive a pretty much instant profit, up to almost a 5% boost in sales price by properly utilizing a Coming Soon listing, which justifies my full-service commission and then some.
You can read more about this in my personal blog today and see the photo and information of a brand new Coming Soon listing in Elk Grove for $295,000 at this link: Coming Soon Listings in Elk Grove.
Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.
Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.