The concept of a “one-time show” in real estate mirrors certain characteristics of an open listing, often finding relevance when real estate agents facilitate the showcasing of a For Sale By Owner (FSBO) property to their clients. The intricacies of this arrangement involve the home seller signing an agreement that explicitly identifies a potential buyer. In doing so, the agreement establishes a commitment to the agent, ensuring that a commission is guaranteed should the identified buyer proceed to purchase the home.
The fundamental purpose of a “one-time show” is to safeguard the interests of the real estate agent and prevent the circumvention of their earned commission. By formalizing the agreement, both the buyer and seller are bound to the terms, precluding any direct negotiations that may seek to evade the payment of the agent’s commission at a later stage.
Much like an open listing, the “one-time show” listing is characterized by a pragmatic focus. Real estate agents, operating under this arrangement, typically refrain from extensive investments in marketing the home. Additionally, the property is not featured in the Multiple Listing System (MLS), aligning with the targeted nature of the showcasing.
In essence, a “one-time show” encapsulates a specific and controlled presentation of a property to a potential buyer, strategically aligning the interests of all parties involved. This nuanced approach to real estate dynamics reflects the diverse landscape of listing agreements, each tailored to address unique scenarios and preferences within the intricate realm of property transactions.