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Started By
Message
re: Connecticut, New York banning “private” real estate listings
Posted on 6/5/26 at 10:46 am to Everyday Is Saturday
Posted on 6/5/26 at 10:46 am to Everyday Is Saturday
quote:
Taking 30% or more of someone’s equity as commission
Can you show your work on this one?
0
Posted on 6/5/26 at 10:47 am to Aguga
quote:
nless you’re selling to an investor. It’s very hard to sell a house without showing it.
Agreed, but if all this is saying is "You have to publicly list it" it doesn't mean you have to allow the general public to see it. You're saying you have to allow the general public to see it if you list it, I'm saying that's not true to my knowledge. You can allow just the private party you were talking with to see it and no one else.
This post was edited on 6/5/26 at 10:48 am
Posted on 6/5/26 at 10:49 am to Chucktown_Badger
quote:
You don't have a problem with the government telling you how you have to sell something you own?
If I want to sell my house to a friend or neighbor I should be able to do so and no one else needs to be involved. frick the government.
And what in this law would stop you from doing that? You just have to put it up on zillow at $20M for a few days and you comply. Is it stupid, yep. Is it something that's actually going to change anything, nope.
This post was edited on 6/5/26 at 10:55 am
Posted on 6/5/26 at 11:04 am to StormyMcMan
quote:
You have to publicly list it" it doesn't mean you have to allow the general public to see it.
Once a house goes on the public in MLS the seller's becomes limited in their ability to screen potential buyer’s if they are going to allow showings.
Posted on 6/5/26 at 11:21 am to Aguga
quote:
Once a house goes on the public in MLS the seller's becomes limited in their ability to screen potential buyer’s if they are going to allow showings.
If you're selling it privately you don't need showings. You already know who is buying it. They've already seen your house.
Posted on 6/5/26 at 11:24 am to Bjorn Cyborg
It’s a way to prevent “undesirables” from moving into exclusive neighborhoods. The state governments up there are making the penalties minor, because the reps want to keep their neighborhoods exclusive.
Posted on 6/5/26 at 11:26 am to StormyMcMan
quote:
Is it stupid, yep. Is it something that's actually going to change anything, nope.
Then why do it?
Posted on 6/5/26 at 11:27 am to Everyday Is Saturday
quote:
Ban real estate agents as a profession.
Disproportionate cost for value they bring.
Value is what someone is willing to pay. I used the same agent on the last two homes I sold and purchased. Worth every penny.
Posted on 6/5/26 at 11:34 am to Everyday Is Saturday
quote:You don't have to use a real estate agent. My father was military for 30 years. We moved about every two years. He never used a real estate agent.
Ban real estate agents as a profession.
Disproportionate cost for value they bring.
Taking 30% or more of someone’s equity as commission to do relatively light work to sell.
AI will shred it.
Posted on 6/5/26 at 11:36 am to wadewilson
quote:
If you're selling it privately you don't need showings. You already know who is buying it. They've already seen your house.
I understand that, that’s not the question I am answering.
Posted on 6/5/26 at 12:43 pm to Tchefuncte Tiger
quote:
Politicians sure like to restrict individual freedom.
FIFY.
Posted on 6/5/26 at 12:57 pm to StormyMcMan
quote:
Agreed, but if all this is saying is "You have to publicly list it" it doesn't mean you have to allow the general public to see it.
quote:And then next week, Connecticut and New York will mandate all proactive home buyers get to see the house.
You can allow just the private party you were talking with to see it and no one else.
Besides, no realtor will be ok with you listing and then not showing your house. They want the sale fast!
Posted on 6/5/26 at 1:03 pm to Bjorn Cyborg
Entitlement will destroy this country.
Posted on 6/5/26 at 1:28 pm to StormyMcMan
But it's ridiculous that you have to open the information up to the world that you're selling it at all.
The point of this isn't that it forces you to show it to people you don't want. It's to give them the ability to sue you over claimed discrimination whereas private sales cut that off. Similar to posting jobs and rejecting candidates who can take that to the EEOC.
The point of this isn't that it forces you to show it to people you don't want. It's to give them the ability to sue you over claimed discrimination whereas private sales cut that off. Similar to posting jobs and rejecting candidates who can take that to the EEOC.
Posted on 6/5/26 at 1:55 pm to StormyMcMan
quote:
You just have to put it up on zillow at $20M for a few days and you comply. Is it stupid, yep. Is it something that's actually going to change anything, nope.
So then we should just be cool with all stupid and frivolous laws created to try and correct some perceived "wrong"?
It's my house, I want to sell it however I see fit at whatever price I want to whomever I want.
Posted on 6/5/26 at 1:55 pm to eitek1
quote:
Wouldn't this dictate you had to use a realtor to sell your property?
I think what this is saying is a realtor can’t list a property and not give everyone an opportunity to buy it.
Posted on 6/5/26 at 3:16 pm to Bjorn Cyborg
I’m not sure who this is legal if someone mentions they are potentially looking to sell and an agent says they’ve got a buyer.
Most “ Pocket listing “ I’m aware of, revolve around the agent holding off for a couple weeks before dropping in MLS to allow the seller to get the house ready, take pictures and create marketing materials…. Etc…
Most “ Pocket listing “ I’m aware of, revolve around the agent holding off for a couple weeks before dropping in MLS to allow the seller to get the house ready, take pictures and create marketing materials…. Etc…
Posted on 6/5/26 at 3:20 pm to Bjorn Cyborg
Ohhhhhh i get it.
Private listings hurt peoples feelings
Private listings hurt peoples feelings
Posted on 6/5/26 at 3:24 pm to StormyMcMan
quote:
You just have to put it up on zillow at $20M for a few days and you comply.
Is there a fee for doing this?
Posted on 6/5/26 at 3:31 pm to Everyday Is Saturday
quote:
Taking 30% or more of someone’s equity as commission to do relatively light work to sell.
So have you never sold a house or did you just get completely fricked by a realtor
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