Possible Pitfalls of Real Estate Whisper Listings
Автор: CRES, a Gallagher Company
Загружено: 2021-06-30
Просмотров: 126
Описание:
When it's a Seller’s market with a scarcity of homes for sale, office-exclusive listings (also called whisper listings) have become a more common occurrence. In this situation, a real estate broker/agent takes a listing with a buyer in mind, so the property is never advertised to the general public via the MLS and/or other public sources.
This practice is not illegal or unethical in and of itself — however, it is problematic and does present several possible pitfalls.
Learn more about pros and cons of whisper listings, commission issues, differences with pocket listings, “coming soon” listings — and how to reduce your risk while doing business.
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For more risk reduction strategies from the specialists in real estate E&O and claim prevention, visit https://cresinsurance.com/?utm_source...
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