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.