Can I put up an FSBO Yard Sign?
No, you cannot put up a "For Sale By Owner" (FSBO) sign if your property is actively listed on the MLS. Here’s why and what you need to know:
Why FSBO Signs Are Not Allowed:
MLS Rules and Regulations:
- No FSBO Signs: All MLSs have strict rules prohibiting the use of FSBO signs while a property is listed on the MLS. Once your listing is active, the signage must comply with MLS guidelines, which generally require a standard "FOR SALE" sign.
- Potential Violations: If you put up an FSBO sign while your property is listed on the MLS, you risk violating MLS rules. Such violations can lead to your broker being fined by the MLS. In most cases, the broker will then pass this fine on to you as the seller.
Risk of Fines:
- Complaint from Buyer Agents: If a buyer’s agent visits your property and sees an FSBO sign, they can lodge a complaint with the MLS. The MLS may then issue a violation and fine the broker, who is likely to transfer the fine to you, the seller.
- Importance of Compliance: To avoid these issues, it’s crucial to use the correct signage. This ensures that you remain in good standing with the MLS and avoid any unnecessary penalties.
Houzeo's Compliant "For Sale" Sign:
- Fully Compliant Signage: Houzeo offers a "For Sale" sign that is fully compliant with all MLS rules and regulations. By using a Houzeo sign, you can rest assured that you are adhering to MLS guidelines and avoiding any potential fines or violations.
Broker Sign Requirements:
- Broker-Only Signs: In some MLSs, only a broker’s sign is allowed on the property. The seller will receive this information on the Houzeo Dashboard before ordering the sign, ensuring that you comply with local MLS regulations.
Good News:
You can get a full refund on the Houzeo Sign. Here’s how.
By following these guidelines, you can avoid potential fines and take advantage of Houzeo’s refund offer while ensuring your property is marketed correctly on the MLS.
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