has been written lately about For Sale signs - and how unsightly they can
be if there are no proper controls over where and when they appear or how
many agents may use.
And we know many homeowners also have doubts about allowing them to be
displayed on their properties for fear of putting their privacy and security
However, we can't let all this pass without putting the case in favour.
Quite simply, having a For Sale sign on a home is like having an agent
on duty 24/7 - and there are plenty of statistics to prove that these
signs not only generate additional interest in the property but often
lead directly to sales.
In short, the "pros" far outweigh the "cons" associated
with For Sale signs - and sellers can easily avoid being invaded by competing
agents or unqualified buyers by following some simple procedures:
- Do not allow any sign to be displayed on your property unless you
have given your written permission to an agent who has your mandate
to market the property.
- Award a sole mandate and insist that your agent's For Sale sign carries
the words "sole mandate" so other agents will be aware of
the situation and won't pester you.
- Do not display "For Sale By Owner" or "Private Sale"
signs carrying your own phone number. Rather give your mandate to a
reputable agency and let your agent field the calls from prospective
buyers and pre-qualify them before arranging for them to view your home
at a time that suits you. This protects both your privacy and security.
- Deal only with agents that adhere to the local bylaws and regulations
regarding For Sale signs. For example, even if you do award more than
one mandate, the number of signs that may be displayed per property
are usually restricted to one per agency and a maximum total of three.
Bylaws usually also cover the size, shape and condition of the signs
that may be used, and reputable agents will of course ensure that no
unsightly boards detract from the appearance of the property.