Sold Before Processing!

 What the heck does that mean? It means that an agent had the listing, and got a buyer in before it went on the public MLS.

A couple of different ways that can happen. Someone in the same brokerage had a buyer. The listing agent had a buyer. The seller requested it to be excluded from the MLS. Hopefully it wasn't released to a network group without the Sellers authorization to do so. That's a big no-no & I am pretty sure I wrote a blog post about it in the last year or so.

I was talking with one of my peers yesterday and we both mentioned that we'd seen quite a few of them lately. It's more common when inventory is low to share with a 'friend' to get a leg up on the listing before that entire public does.

But, is that fair to the Seller? Right now, buyers are in a bit of a frenzy to buy a home. I put a home on the market on Thursday. Showings started Thursday and went through Sunday. Due to COVID, my Seller had to be out of the house so they stayed with a friend for a few days. 

A total pain in the butt, indeed. Was it worth it? YES! We got multiple offers and the amount over list price with no appraisal contingency, totally worth it.

So, if you're a Seller, and are annoyed/dismayed by the thought of a bunch of people coming into your home. Know this.....you are probably giving up some extra cash by doing so.

Life can be a total pain in the rear at times, with many different things. COVID is a total pain, but there are precautions taken, and I tell all my sellers clean the heck out of your home before and after people come through......because old habits, of touching things, die hard.

So, off my soapbox for today. Strongly recommend you release your home to the public so everyone has a chance to view & you have the opportunity to make the most amount of money.

~ Lauren Witz Greber ~ Lauren@KeepYourWitz.com ~ (661) 313-5470 ~