“Deal Mop-Up” If you’re a Buyer’s agent nervous about slow-to-arrive Seller signatures,** what’s a good interim step to reassure your anxious clients? Ask the listing agent to change the home’s status on MLS. “Pending” = Done Deal So, if the home is “Active,” changing it to “TNAS” (“Temporarily Not Available for Showing”) assures that no...Read More
Barring the Door . . . to Everyone; 2 Pro’s — & (at Least) 1 Big Con Once upon a time, homes that were under contract, but not yet past inspection, were flagged on MLS with the suffix, “Sold, subject to inspection” (“SSI” for short). Then, that got truncated to just “i” — as in...Read More
What it Means For Competing Homes As Realtors if not the general public know, the MLS status “TNAS” — short for “Temporarily Not Available For Showing” — has a catch-all status, covering everything from an unexpected home repair, to the Seller having out-of-town company, to someone in the household being sick. Which is why it...Read More
How to Tell if a Seller (or at Least Their Agent) is Around in Late December Just because a house isn’t officially “TNAS” (“Temporarily Not Available for Showing”) doesn’t mean that the owner is around — and available to do a deal, if the Buyer likes the house and wants to make an offer. In...Read More
Test your knowledge of residential real estate, and take a crack at this multiple choice question. What are possible explanations for a home being “TNAS” (Temporarily Not Available for Showing”) on MLS: A. A pipe burst, and the owner is cleaning up the mess; B. The owner is out-of-town for a few days, and doesn’t...Read More
New Listing — Or Is It?? Would-be home Sellers who pulled their listing over the holidays typically wait for two things: 1) for the post-holiday period to pass, usually a few weeks into the New Year; and 2) mild weather (defined as mid-teen’s or higher in Minnesota in January). The last few days qualify, which...Read More
