State of Alabama "Buyers can tour a home without a contract"
- Thread starter GON
- Start date
It's amusing that they're trying to force a buyers agreement for viewing into a law. The realtors interested in this should just do it now and let all their clients know beforehand without making it into a law....but we all know how that would go with consumers.
So instead let's bribe lawmakers and force the entire population to comply.
I can see it extend to dealerships. 'You view a Nissan car on our lot, now you must buy a Nissan car from us if you decide to purchase a Nissan in the next year". (Or any other manufacture)
So instead let's bribe lawmakers and force the entire population to comply.
I can see it extend to dealerships. 'You view a Nissan car on our lot, now you must buy a Nissan car from us if you decide to purchase a Nissan in the next year". (Or any other manufacture)
YOU yourself can have your own open house there is nothing to stop you from selling your own property.
This is where it may get tricky as laws are different from State to State & Province to Province.
Yes you do need a Listing Agreement for an open house as in this agreement you state IF you want to have one or not.
Also this establishes liability. A good agent will not allow in more people than he/she can supervise.
Beware of Agent wanting long term Listing Agreements, Draw one for a short period and assess the results if you have activity even if not sold you may extend it, this way you don't fall prey of Realtors that park the listing and expect other Agents to sell, this is especially true with low commission deals.
I never did them as an agent nor do I do them as a seller. Open Houses generally is where the listing agent scouts for future prospects,
this an entirely personal decision, from a seller perspective what's the gain? You get a lot of tire kickers, once the sign goes up everyone
knows that the property is for sale, you can even specify IF you want a sign or not in the listing contract. Also as GON said what kind of agent do you want? Someone to implement your directions or someone who will guide you and counsel you on the best strategy to achieve the goal. This is where MOST sellers fall short, it's selecting the right agent, too many focus on what commission they pay rather than what services will be rendered. All I've said pertains to Ontario.
Last edited:
You buy in to Gon's GROSS GENERALIZATIONS?
I'm not drinking that Kool-Aid.
You can have any kind of law you want, but in the end if you want people to buy the house you need to do the work to show it. Nobody owes you a price you want unless you show how good it is (actually that's what the seller agent's work is).
Not wanting to show it? As is? Don't expect people to pay you well. It is like a used car with no warranty and no return, don't expect a good offer.
Not wanting to show it? As is? Don't expect people to pay you well. It is like a used car with no warranty and no return, don't expect a good offer.
Similar threads
