---
title: "What is a \"Coming Soon\" listing? How quickly can you tour one?"
description: Coming Soon listings continue to become more common as the local housing inventory tightens.  It causes concern among buyers, sellers and agents.
image: https://university.hometraq.io/hubfs/Coming-Soon.jpg
---

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## [What is a "Coming Soon" listing? How quickly can you tour one?](https://university.hometraq.io/what-is-a-coming-soon-listing-how-quickly-can-you-tour-one-needs-updating)

 Jun 28, 2019 7:07:00 AM / by [Mark Gorman](https://university.hometraq.io/author/mark-gorman)

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Coming Soon listings continue to become more common as the local housing inventory tightens.  It causes concern among buyers, sellers and real estate professionals.  It has prompted real estate commissions across the country to issue guidance on the topic. Here’s what you **need** to know to keep informed and to understand all sides of the equation.

![Coming-Soon](https://university.hometraq.io/hs-fs/hubfs/Coming-Soon.jpg?width=400&name=Coming-Soon.jpg)

**What is a "Coming Soon" listing?**  
A Coming Soon listing refers to a property that is not available for showing or sale until a later date. “Coming Soon” can be a legitimate advertising technique, allowing the owners more time to complete repairs, pack, or otherwise prepare the property for showing or sale. A legitimate Coming Soon listing should truly be unavailable for purchase or showing.

**Should you be concerned about buying a "Coming Soon" listing?**  
Listing agents can stir up pre-market excitement by listing a home as Coming Soon. The idea is since there are very few homes for sale, a new listing that is not yet available will not only create demand, but could generate a bidding frenzy when it is finally Active on the market.  This is where you may hear about a seller or a seller's agent declaring that quickly after a home is Active, all offers will be reviewed at a specified date and time.

 

Sometimes, however, “Coming Soon” advertising is used to circumvent the MLS, market the property to a select group of people, or pressure a buyer to use the listing broker for the transaction, which not only breaches real estate professionals’ ethical duties to clients but may violate real estate license and consumer protection laws.

 

**Is a "Coming Soon" listing always a good thing for the seller?**

Creating demand for a home in a low inventory area sounds like a win for the seller, but ironically many home buyers have stated they don't have the stomach for it.  Not everybody is good at negotiating nor do they care for the pressure and tension that some negotiation strategies seem to require. Add in the possibility of multiple offers, and it truly intimidates many buyers. Some buyers openly state that they do not want to be involved in a multiple-offer situation.

 

**![Coming-Soon-Sign](https://university.hometraq.io/hs-fs/hubfs/Coming-Soon-Sign.jpg?width=400&name=Coming-Soon-Sign.jpg)**

 

**So how quickly can you tour a "Coming Soon" listing?**

While a local professional will always be the most beneficial to help navigate each situation, the following is the definition of a "Coming Soon" listing according to the local MLS (multiple listing service) to give some background.

 

**COMING SOON**status is for properties that have a valid listing contract, but the property is not ready for marketing to the public.

What do the other listing status like [Pending, Option, and Contingent](https://university.hometraq.io/what-does-pending-under-contract-and-contingent-mean-update-links) mean?

 

 

 

 Topics: [buyer's agent](https://university.hometraq.io/topic/buyers-agent), [listing](https://university.hometraq.io/topic/listing), [homebuyers](https://university.hometraq.io/topic/homebuyers), [listing agent](https://university.hometraq.io/topic/listing-agent), [home showings](https://university.hometraq.io/topic/home-showings), [option](https://university.hometraq.io/topic/option), [coming soon](https://university.hometraq.io/topic/coming-soon), [consumer](https://university.hometraq.io/topic/consumer), [housing demand](https://university.hometraq.io/topic/housing-demand), [housing inventory](https://university.hometraq.io/topic/housing-inventory), [pending](https://university.hometraq.io/topic/pending)

![Mark Gorman](https://university.hometraq.io/hs-fs/hubfs/MarkGorman.jpg?width=100&height=100&name=MarkGorman.jpg)

#### Written by [Mark Gorman](https://university.hometraq.io/author/mark-gorman)

Co-Founder of HomeTraq. 30 years mortgage & real estate experience.

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