How to find Real Estate Before its Listed Wouldn't it be great to find a property or a Security such as a Stock or Bond before it officially came on to the Market?
From Wikipedia, the free encyclopedia
A Seller Listing (also referred to as a "Property" or "Home" Listing) represents
an agreement between a real estate Agent and a property owner who wishes to
sell. As a part of their agreement, this "Listing Agent" agrees to assist the
Seller in marketing her home to other Agents as well as the potential Buyer
community, in exchange for a commission.
Almost universally required to be in writing by
rule, law and regulation (using an "Exclusive Listing Agreement"), a Seller
Listing arrangement is generally of the "Exclusive Sale" form, where the Listing
Agent earns a commission even if the Seller finds the Buyer. There are also
"Exclusive Agency" agreements where the Seller may try to find the Buyer and
avoid some, or all, of the Agent's commission. Finally, though little-used since
the late '80s, there are "Open" and "Private Exclusive" Listings, which are
self-described. Seller Listings (exclusives) are entered into the centralized
Multiple Listing Service ("MLS") in most areas of the country.