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Benefits of the Private Listing Network

August 9, 2019 by Steve Roake Leave a Comment

The Private Listing Network (PLN) was created to provide a secure network to pre-market listings to brokers and in select online portals.

Coming Soon Listings can benefit greatly from the PLN. It allows a seller who has a few (or many) repairs or upgrades to do prior to listing publicly the time to do the work while creating a pool of interested buyers. Sellers can choose to allow showings during the Coming Soon time frame or ask buyers to wait until the listing is ready. What’s the best way to build interest and suspense? I’ll tell you later!

A home on the PLN can be listed there for a day, a month or even a year. It can be as short or as long as needed for the seller to be prepared for full public marketing on the Multiple Listing Service (MLS).

Brokers with motivated buyers can alert their clients of coming soon status and help buyers find the perfect home before its even listed! Buyers can get a first look at homes before they’re subject to possible multiple offers and sellers can get their home sold with fewer showings and less hassle, often for full price.

When the home is ready for the market, and it hasn’t been sold yet, the listing can easily be converted from the PLN to the MLS. The time on the PLN isn’t counted as being on the market so it’s a fresh start for the listing. At that time, the listing is new to the market and will be given the full marketing power of the MLS, the internet and other marketing.

Filed Under: Client Tips Tagged With: advice, coming soon, homes for sale, marketing, real estate, tips

About Steve Roake

Hey there! I'm Steve Roake. I work with buyers, sellers and investors in the Plainfield area (Naperville, Aurora, Oswego, Bolingbrook, Shorewood, Joliet) who are looking to save time and money in real estate.
I've been a Realtor for 16 years and I've served over 400 families to date. The best praise I've ever received from a client was “Steve is someone I would recommend to anyone that is looking to buy a house”.
Helping people to become first time homeowners like that, makes me so proud and drives everything I do!
If you're looking for a Realtor who listens to your needs and delivers results, I'd love to work with you, too! I've had an average market time of only 19 days and gotten my sellers 99.6% of their asking prices, while helping buyers successfully outbid cash offers when they still had to sell their home (most would say this is impossible).
When I'm not helping people buy or sell homes, I can be found working in the garden, playing with my 2 girls or just relaxing with a book or playing games.
Want to learn more about how we can work together? Call or text me anytime! 815-603-0077.

Thanks for reading my story!

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