Not Coming Soon? CREA to Ban Most Off-Market Listings Starting in 2023

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'Coming Soon' signs may be a thing of the past when a new policy from CREA_ACI begins in 2023. realestatenews

Prospective homebuyers are all too familiar with the “Coming Soon” real estate signs that dot the lawns of in-demand neighbourhoods. It’s a tactic — that in theory — is meant to generate early buzz for a home being prepared for market and let interested parties know to keep an eye out for it on the MLS.

announced a new Realtor Cooperation Policy last week that would require all listings be added to an agent’s board or association MLS within three days of public marketing. According to CREA, the policy will better serve consumers by reinforcing cooperation among realtors, as well as strengthen its trademarks and professional code of conduct.high-end luxury market

 

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