In addition, no commission can be publicly offered while a home is in Registered status, and showings are limited to clients of the listing broker.
Technically, your broker holds the California Department of Real Estate license of record and all Registered listings falling under that license can be shared among all the agents under his or her umbrella.
Unlike Coming Soon status, there is no limit to the amount of time a listing can stay in Registered status.
In contrast, a Coming Soon listing is strictly barred from being shown to anybody, even with a signed Agency Disclosure.
Of course, there’s a risk of not getting as much money if you accept an offer before switching to “Active” status, where your property gets exposed to the full MLS and it gets the widest possible promotion.
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