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Starting July 1, realtor associations have agreed to a six-month trial ban on the signs, which they believe can reduce a neighborhood's beauty and appeal. Nowadays, more prospective buyers begin their home searches online or use real estate agents, they argue.
New Canaan’s "For Sale" signs will disappear next month from hundreds of properties on the market, after a decision from the organizing bodies for real estate professionals.
The trial ban on real estate signs will run from July 1 to Jan. 1, according to Janis Hennessy, president of the New Canaan Board of Realtors.
The decision was made by members of the Board as well as the New Canaan Multiple Listing Service, “to further improve our already beautiful town,” Hennessy said in a news release. “At the end of that time we will re-examine the issue."
“Millennials and other potential buyers shop for real estate online and we believe they will be able to find New Canaan homes without these signs. We have seen how eliminating the signs has improved the look of other towns in Fairfield County without impacting the real estate markets," Hennessy said.
There has been a longstanding ban on "For Sale" signs in Greenwich.
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