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Coming Soon vs PLN: Downers Grove Seller Guide

Coming Soon vs PLN: Downers Grove Seller Guide

Trying to decide how to launch your home to the market in Downers Grove? Choosing between a public Coming Soon window and the Private Listing Network can change your timeline, your buyer pool, and your final price. You want a smart plan that balances speed, privacy, and value. In this guide, you’ll learn how each option works, the pros and cons, and a clear path to decide what fits your goals. Let’s dive in.

What “Coming Soon” means

Coming Soon is an MLS status used to announce a listing that is not yet ready for showings while you finish prep. It can help you stage, complete photos, and build interest before going fully Active. Specific permissions, time limits, and whether consumer portals display the listing depend on current MLS rules, so your agent should confirm the latest MRED policy.

Coming Soon benefits

  • Controlled ramp-up while you finalize staging, photos, and pre-inspections.
  • Early buzz that can prime buyers and build urgency when you go Active.
  • Preserves a clean MLS timeline and Days on Market history per MLS rules.
  • May appear on some consumer portals depending on MLS and portal settings.

Coming Soon risks

  • If showings are not allowed, some buyers may move on before Active.
  • Time limits can force a faster switch to Active than you want.
  • Poor early photos or incomplete prep can create weak first impressions.
  • Compliance risk if any prohibited showing or marketing occurs during this phase.

What the Private Listing Network is

The Private Listing Network is a broker-only channel where your property is shared with licensed agents and their buyers but not displayed on public consumer sites. Visibility, showings, offers, and how compensation is displayed vary by MLS and require written seller instructions. In our suburbs, dense broker networks can circulate PLN listings quickly among active buyer agents.

PLN benefits

  • Privacy that keeps your home off public portals and reduces neighborhood visibility.
  • Targeted exposure to active buyer agents who have qualified clients.
  • Controlled showings or pre-market offers if permitted and authorized in writing.

PLN risks

  • Smaller buyer pool because agentless buyers and portal searchers won’t see it.
  • Some buyers perceive off-market sales as less transparent, which can affect pricing.
  • Regulatory attention on pocket listings means strict compliance is essential.
  • Without broad competition, the final price can be lower in some segments.

Key local factors in Downers Grove

Downers Grove buyers often prioritize school district considerations, Metra access, stable neighborhoods, and the home’s lot and condition. Those priorities affect how much pre-market exposure you need to reach the right audience. Lower price points with high turnover usually benefit from broad early exposure. Higher-end or unique properties may perform better with targeted, broker-led outreach before a public launch.

DuPage and the western suburbs also have a dense network of experienced agents. A strong PLN push can reach many active buyers quickly, but it will miss do-it-yourself searchers who rely on public portals. Your choice should reflect where your most likely buyers look first.

Compliance checklist before you choose

  • Confirm current MLS rules for Coming Soon and PLN in writing, including time limits and whether portals display Coming Soon entries.
  • Provide written instructions that specify your chosen route, whether pre-market showings or offers are allowed, and how long the pre-market phase will last.
  • Document how buyer broker compensation will be offered during the pre-market period.
  • Clarify how Days on Market will be recorded when you move to Active.
  • Ensure marketing follows fair housing standards and does not exclude protected classes.
  • Address agency and dual agency disclosures before any pre-market offer is considered.

A decision framework that works

Start by answering a few core questions with your agent:

  • What is the current market for similar homes in your neighborhood and price point?
  • Will wide exposure likely create competing offers, or is your property niche?
  • How quickly do you need to sell and close?
  • Do you prefer privacy or limited showings because of personal or property considerations?
  • What does the MLS allow right now for Coming Soon and PLN, and how will DOM be handled?

Option A: Short Coming Soon

Use this when you want early public interest and plan to go Active quickly. It fits homes that will shine with full presentation and where competition can lift price. Enter the MLS with accurate remarks and follow the timeline.

Option B: PLN first

Choose this when confidentiality matters or when a curated buyer list exists for higher-end or unique properties. It is also useful to test pricing and collect agent feedback. Avoid PLN if you need maximum public reach fast.

Option C: Immediate Active

Go straight to Active when the market is hot, your pricing is competitive, and you want the widest buyer pool right away. This is a strong choice when similar homes are selling quickly.

Hybrid approach

Combine a brief PLN window for agent previews with a short Coming Soon period, then flip to Active. This keeps privacy early while still building public momentum before showings open.

Sample launch plans and timelines

Example A: Staged and polished Coming Soon

  • Day –10 to –7: Sign listing agreement with a Coming Soon plan. Schedule staging, pro photos, and a pre-inspection.
  • Day –6: Enter Coming Soon with clear remarks such as no showings until a set date. Begin soft teaser marketing.
  • Day –3: Final walkthrough and virtual tour complete.
  • Day 0: Switch to Active with full media and an open house scheduled.

Why it works here: It builds interest among local family buyers and commuters while ensuring your first public debut looks its best.

Example B: PLN-first targeted approach

  • Day –14: List in the PLN with a broker packet that includes floor plans, interior photos, and showing instructions.
  • Day –10 to –7: Host a broker tour or private showings for qualified clients. Accept offers if authorized, or gather feedback.
  • Day 0: If you want broader interest, convert to Coming Soon or Active.

Why it works here: It protects privacy and lets you test pricing within the DuPage and Chicagoland agent community.

Example C: Quick Active in a hot market

  • Day –3: Complete photos and light staging.
  • Day 0: Go Active in the MLS with immediate showings.

When to use: When similar Downers Grove homes are moving fast and broad exposure can produce multiple offers.

Mistakes to avoid

  • Relying only on PLN and missing buyers who search public sites. Evaluate where your likely buyer starts their search.
  • Teasing the listing publicly before MLS rules permit. Confirm what is allowed and keep records of all activity.
  • Letting a pre-market window drag and lose momentum. Set clear dates and move to Active on schedule.
  • Mispricing during limited exposure, which can reduce competition. Use a data-backed CMA and real-time feedback.

Your pre-market checklist

  • Verify current MRED rules for Coming Soon and PLN.
  • Sign written instructions that define showings, offers, time limits, and compensation to buyer brokers.
  • Finish staging, professional photography, floor plans, and a virtual tour.
  • Choose your marketing channels and draft non-discriminatory messaging.
  • Identify likely buyer segments such as commuters, local families, or downsizers.
  • Prepare a contingency to go Active sooner if interest is strong.

Questions to ask your agent

  • What does our MLS allow for Coming Soon and PLN today, and for how long?
  • How will Days on Market be calculated with our chosen approach?
  • Will Coming Soon appear on consumer portals in our case?
  • Are showings and offers permitted pre-Active, and under what conditions?
  • How will you target likely buyers in Downers Grove while meeting fair housing standards?
  • How will my written instructions and any pre-market offers be documented?
  • What is the pricing and launch timeline for my property specifically?
  • Will pre-market exposure change the compensation offered to buyer brokers?

A thoughtful launch can make all the difference. Whether you choose Coming Soon, the PLN, or a hybrid plan, your goal is the same: reach the right buyers with the best presentation at the right time. If you want a clear, concierge plan that blends staging, pro media, targeted marketing, and pricing strategy, we’re here to help. Connect with The Tully Team to get your free home valuation and a tailored launch roadmap.

FAQs

What is the difference between Coming Soon and PLN in Downers Grove?

  • Coming Soon is a short pre-market MLS status that may create public buzz while you finish prep, while the PLN is a broker-only channel that keeps your listing off public portals.

Can buyers see my home during Coming Soon?

  • Showings during Coming Soon depend on current MLS rules and your written instructions; many MLS policies restrict showings until Active, so confirm what is allowed.

Does a PLN listing appear on public real estate websites?

  • No, PLN listings are generally not displayed on consumer portals and are shared only within the broker network unless converted to a public status.

Which option gets me the highest price?

  • It depends on your price point, property type, and market conditions; broad exposure often drives competition, while a targeted PLN can work for unique or higher-end homes.

Will Days on Market start during Coming Soon or PLN?

  • DOM handling is set by MLS policy; confirm with your agent how DOM is recorded for Coming Soon, PLN, and when you switch to Active.

Is a hybrid approach a good idea in the western suburbs?

  • A brief PLN period for agent feedback followed by a short Coming Soon and then Active can balance privacy, public momentum, and market competition.

Work With Us

Partner with The Tully Team at Platinum Partners Realtors and experience a client-first approach led by Shanon Tully’s proven expertise and nearly 100% listing-to-sale success. With thoughtful guidance, strategic marketing, and concierge-level service, Shanon and her team are committed to making your real estate journey seamless, rewarding, and tailored to your goal

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