People question how big of a problem it is that listing agents withhold their listings and sell them before inputting them onto the MLS – which denies their own sellers the benefit of open-market exposure, and potentially a better offer.
Above is a sample from today’s MLS hot sheet.
There were a total of 51 properties that were marked either pending or sold and of those, eight were sold prior to MLS input.
- Sellers don’t get open-market exposure.
- Buyers get robbed of a chance to purchase the home that might be the perfect fit, AND then wonder why their current buyer’s agent isn’t getting those deals for them.
- Other agents are denied the opportunity to earn a living
