TNAS Over the Holidays: How Prevalent?

No Showings = 0% Chance of Selling

Home Sellers who don't want to accommodate showings over the holidays -- or any other time that's inconvenient -- can elect to switch their home's status to "TNAS," or "Temporarily Not Available for Showing."

While the "For Sale" sign in front will typically stay put, the home no longer shows "Active" on MLS, effectively putting the kibosh on showing requests.

So, how many formerly active homes are "on ice" over the holidays?

At least in MLS area #300, near the City Lakes, fewer than you might imagine.

Specifically, out of 144 single family homes currently on the market, only 11 -- less than 8% -- were TNAS.

You'd certainly guess that none of the latter were vacant.

"TNAS" or "PNAS?"

Is Six Months "Temporary"?

I tripped across this Minnetonka home in the course of doing a CMA ("Comparative Market Analysis") for an upcoming listing.

Originally listed on June 28 last Summer, it was switched to "TNAS" ("Temporarily Not Available for Showing") five days later -- and has remained there ever since.

Maybe that should now be "Permanently Not Available for Showing."

What appears to be going on (or not) is that the Seller is an owner-agent, and is relying on the For Sale sign -- on busy Hopkins Crossroad -- to generate drive-by interest (there's no indication on the sign that the home is "temporarily" not available for showing).

While that limits the home's marketing exposure, it also reduces the odds that the owner-agent will have to share any sales commission with a Buyer's agent.

How "Temporary" is Temporary?

Of course, that's not how TNAS is supposed to be used.

Rather, that status is intended for short-term situations like a home repair; family illness, hosting guests, or some other occasion that interferes with showings; or even a Buyer's inspection.

However, the reality is that if no one complains about a listed home being TNAS indefinitely, there's no reportable offense.

Between the lines, you'd infer that there hasn't been a ton of interest in this home.

In fact, the literature box in front is empty, and the current asking price (per a neighbor) apparently is $199,900, not the $225,000 listed on MLS.

P.S.: The most obscure MLS status? That would be "COMP."

Commonly thought to be a truncated "Comparable," it actually stands for "Came on Market Pending."

That can happen when a deal is done privately, but one of the parties is a Realtor, and wants marketing credit on MLS (as does their broker).