The Hot Sheet
Every Tuesday agents have the option of attending what are called “Brokers Opens” — like an Open House for agents rather than the public. These Brokers Opens are a tool that a listing agent at his or her disposal to accomplish a few things for a seller: test the price, generate advance interest, or stimulate interest after a listing is already on the market. Buyer’s agents who are scouting for a particular property for their clients can use this as one way to try to find the perfect home for their clients, and potentially to get it under contract before it hits the MLS. There is no law that says a listing must be advertised on the MLS — and homes have sold during this “preview” time.
Please let me know if you’d like to get the run-down on properties about to come on the market, before they are published on the MLS.