U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-07-2013, 06:00 PM
 
396 posts, read 1,397,805 times
Reputation: 296

Advertisements

A house in my MLS "Saved Properties" portfolio had its listing removed after about two months on the market. It disappeared approx. a week or two ago. I figured it sold. This home recently reappeared on MLS with new photos, new write-up, and still priced too high IMO. (The first two months or so: it sat on MLS with "For Sale," and I never got an e-mail alert of status change to "Pending" or "Active Contingent.")

What is the purpose of de-listing and re-listing this house like that?
Reply With Quote Quick reply to this message

 
Old 08-07-2013, 06:16 PM
 
Location: Lakewood Ranch, FL
5,109 posts, read 7,579,614 times
Reputation: 5967
New agent? New work/updates performed?
Reply With Quote Quick reply to this message
 
Old 08-07-2013, 06:21 PM
 
396 posts, read 1,397,805 times
Reputation: 296
Same listing agent. The house was already updated with renovations and new appliances in the first listing. No new information is highlighted in the new listing that I didn't already know. The new listing is just written-up in a more enticing way (rather than its previous matter-of-fact write-up). Finally, the listing's photos look professional now - much better lighting and quality.
Reply With Quote Quick reply to this message
 
Old 08-07-2013, 06:48 PM
 
4,787 posts, read 8,678,884 times
Reputation: 12592
You've answered your own question. The agent improved the listing to make it more enticing to the buying public..
Reply With Quote Quick reply to this message
 
Old 08-07-2013, 07:12 PM
 
Location: Lakewood Ranch, FL
5,109 posts, read 7,579,614 times
Reputation: 5967
One other possibility...some people think it is bad to have a listing on MLS for too many days. They are afraid buyers might think there is something wrong with the listing. To avoid that stigma, they take it off and re-list under a new number. Personally, I don't think it fools anyone but others do.
Reply With Quote Quick reply to this message
 
Old 08-07-2013, 09:11 PM
 
Location: The Old Dominion
774 posts, read 1,348,769 times
Reputation: 1166
It gets re-listed so that it appears in "new listings" on various sites.
Reply With Quote Quick reply to this message
 
Old 08-07-2013, 09:23 PM
 
Location: NC
502 posts, read 644,286 times
Reputation: 1114
It's also possible there was a life event that necessitated pulling the house off the market for a while - a death, a birth, a wedding, lots of guests, an injury....could be anything.

If the owners know that showing the house is going to be nearly impossible, then it's better to take the listing down for a little while rather than refuse showings.
Reply With Quote Quick reply to this message
 
Old 08-07-2013, 10:15 PM
 
Location: Barrington
41,409 posts, read 31,446,763 times
Reputation: 13958
Quote:
Originally Posted by Archguy View Post
It gets re-listed so that it appears in "new listings" on various sites.
My MLS gives me the full listing history on every listing. going back several years. When the intent is to create the perception everything old is new again, it's a tad annoying and fools no one.
Reply With Quote Quick reply to this message
 
Old 08-07-2013, 10:23 PM
 
396 posts, read 1,397,805 times
Reputation: 296
Quote:
Originally Posted by willow wind View Post
You've answered your own question. The agent improved the listing to make it more enticing to the buying public..
Why not just edit the original listing? I get e-mail alerts each time a saved property in my portfolio adds new photos.

Some of the posts above helped me understand why they might have chosen to de-list and re-list.
Reply With Quote Quick reply to this message
 
Old 08-07-2013, 10:39 PM
 
4,787 posts, read 8,678,884 times
Reputation: 12592
The agent might have had a sixty day listing. By taking it off the market just before it expired and then relisting it with better info and photos it comes back as a bright and new listing. That generates more people looking at it. It's simply a marketing tool.

.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2017, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top