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#285485 - 04/08/09 07:32 PM "Just Sold" postcard sent out by buyers agent?
Rainbowtyedye Offline
Member

Registered: 01/15/09
Posts: 106
Loc: NJ
Just curious, is it customary, or even ethical, for the buyers agent to send out a "Just Sold" postcard to the neighbors? I can see the sellers agent doing it, since they listed and marketed the property, but it seems a little odd for the buyers agent to do it.

One of the agents in my office, which is a local office, was the listing agent on a house that sold down the street from me. This afternoon I received the postcard from the buyers agent, who isn't even a local agent. If I didn't know better, reading the postcard I would have though that SHE was the listing agent.

Just looking for some feedback. Thanks!
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#285487 - 04/08/09 07:38 PM Re: "Just Sold" postcard sent out by buyers agent? [Re: Rainbowtyedye]
burlingtonncre Offline
Member

Registered: 01/26/09
Posts: 112
Loc: Burlington, NC
It is customary around here.

I don't personally see any ethics issues with it, as long as they aren't somehow claiming they were the listing agent.
It may depend on the way the postcard is worded.

My company sends out those cards automatically after sales, whether we were the listing agent or the selling agent.

Btw, I'm typically the listing agent, and it doesn't bother me.

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#285488 - 04/08/09 08:04 PM Re: "Just Sold" postcard sent out by buyers agent? [Re: Rainbowtyedye]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4458
Loc: Vermont's North-East Kingdom
Just sounds like the "Selling Agent" is taking credit for Selling the Property. The Listing Agent might also say that they sold it . . . . but that might be subject to a challenge because they needed help from the Buyer's Agent to pull it off.
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Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

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#285489 - 04/08/09 08:34 PM Re: "Just Sold" postcard sent out by buyers agent? [Re: Vermont]
ManFromTheBand Offline
Veteran Member

Registered: 08/23/05
Posts: 704
Loc: Spring Hill, FL
Locally (Florida), either the listing or selling agent can market themselves as having "sold" a property. I'm not sure if that's a local thing or a national thing, though.
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#285501 - 04/08/09 10:38 PM Re: "Just Sold" postcard sent out by buyers agent? [Re: ManFromTheBand]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
We send them out after every sale, whether we listed it or were the buyer's agent. Nothing unethical about it; it's perfectly acceptable. I can even advertise myself as selling the property as long as I participated in the sale. Most agents around here don't even bother to do it so....

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#285506 - 04/08/09 10:53 PM Re: "Just Sold" postcard sent out by buyers agent? [Re: Perky_REALTOR]
estatereal Online   content
Major Contributor

Registered: 01/27/07
Posts: 2747
Loc: LAND OF THE FREE!
i sat that the listing agent can say they sold it and the selling agent can say that they sold it.

both were selling a house. both sold the house.


it takes 2 to tango(that reminds me of maryknoll:-)

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#285516 - 04/09/09 05:37 AM Re: "Just Sold" postcard sent out by buyers agent? [Re: estatereal]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
are you ready to DANCE????? LOL

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#285518 - 04/09/09 07:01 AM Re: "Just Sold" postcard sent out by buyers agent? [Re: Perky_REALTOR]
Rainbowtyedye Offline
Member

Registered: 01/15/09
Posts: 106
Loc: NJ
Thanks for the input, everyone. I guess it's just my newbie mentality that made me think it was a little strange.
_________________________
http://LisaDArnold.com

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#285520 - 04/09/09 07:54 AM Re: "Just Sold" postcard sent out by buyers agent? [Re: Rainbowtyedye]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4458
Loc: Vermont's North-East Kingdom
Originally Posted By: Rainbowtyedye
Thanks for the input, everyone. I guess it's just my newbie mentality that made me think it was a little strange.

A Mentor of mine (now deceased) cut her teeth in a Franchise that preached a philosophy of "Go Tell'em". I think maybe it was "Realty World". I don't know if they still exist; but even if they don't, their approach lives on in my head because of my Friend.

She used to point out every time I had done something noteworthy "Now go tell ten people !"

If you listed something "Go tell ### People !"

If you sold something, "Go tell ### People !"

I always thought it was kind'a hokey . . . . but she'd say "Who's going to toot your own horn if you don't ? Do it !"

You can be sure that she would have been sending along Post Cards (or something) like what you received. She was a Believer !
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

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#285574 - 04/09/09 05:06 PM Re: "Just Sold" postcard sent out by buyers agent? [Re: Vermont]
El Luchador Offline
Member

Registered: 05/01/07
Posts: 220
How about this - in some parts it's common for the buyer's agent to put up a sold sign in the front yard next to the listing agent's yard sign when the property sells.

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#285577 - 04/09/09 06:02 PM Re: "Just Sold" postcard sent out by buyers agent? [Re: El Luchador]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4458
Loc: Vermont's North-East Kingdom
Here, in Vermont, once we have a Closing, no one can have a sign! We are also prohibited from having any "Sale Pending" toppers . . . . leading up to a Closing.

The Selling Agency would NEVER be allowed to advertise on the premises . . . . only the Broker holding the Listing Agreement. But that's just the way it is here.

Two (2) Agencies with signs on the same property usually means an Open Listing. That often triggers a call from the Real Estate Police. Also, those Signs had better not be more than 6 Square Feet total (two sides 18" x 24"); otherwise, you're out of compliance with the State Sign Law and are needing to be Drawn and Quartered.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

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#285581 - 04/09/09 06:21 PM Re: "Just Sold" postcard sent out by buyers agent? [Re: Vermont]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
We can have sale pendings and solds - it's up to the new property owner whether we have sold signs on the property. Power to the people!! Power to the people!!

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#285628 - 04/10/09 11:14 AM Re: "Just Sold" postcard sent out by buyers agent? [Re: Perky_REALTOR]
REODayton Offline
Major Contributor

Registered: 07/27/06
Posts: 3665
Loc: Dayton Ohio
Just solds here can be sent out by the BA or the LA. I have an investor that puts a Just sold sign on his properties, it features his business and me as the selling agent.

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#285641 - 04/10/09 01:23 PM Re: "Just Sold" postcard sent out by buyers agent? [Re: REODayton]
dial1010 Offline
Member

Registered: 01/19/09
Posts: 365
Loc: CA
I thought about it many times but never done it. Who do you use for the post card? Can you choose who to send or neighbourhood or it has to be the whole zipcode. How does it work?

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#285659 - 04/10/09 03:20 PM Re: "Just Sold" postcard sent out by buyers agent? [Re: dial1010]
TB in TX Offline
Major Contributor

Registered: 08/16/07
Posts: 2813
Loc: X
You can specify - the nearest 50, 100, 200 homes, etc. Or the subdivision. There are tons of options. Just google it.

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