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Old 06-01-2020, 07:37 AM
 
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Whats the deal with homes that go from sold to off market on search sites? Does that mean the deal fell through and its not relisted yet?
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Old 06-01-2020, 08:30 AM
 
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Originally Posted by Berteau View Post
Whats the deal with homes that go from sold to off market on search sites? Does that mean the deal fell through and its not relisted yet?
I think it is that homes are sold, and then after being sold, are no longer considered as part of the market -- often a seller can ask (I think) for the home to not be listed as sold, something in the MLS aggregates this, or, as with my house, after some time it move from sold to off-market.

I'm not 100% on Zillow's algorithm for this.

Tangential, but it may be used for pocket-listings: https://www.washingtonpost.com/reale...5a8_story.html
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Old 06-01-2020, 09:00 AM
 
Location: Riverside Ca
22,146 posts, read 33,503,954 times
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Quote:
Originally Posted by Berteau View Post
Whats the deal with homes that go from sold to off market on search sites? Does that mean the deal fell through and its not relisted yet?
It means it’s no longer for sale. It’s sold.

If it was listed then just off market no sold notation between the listed and off market it means the owner decided to pull the listing and not sell it. Which means it’s off the market
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Old 06-01-2020, 09:00 AM
 
Location: Cary, NC
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The sale closed and so the property is no longer available?
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Old 06-01-2020, 09:22 AM
 
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Normally it will say "sold" if it was sold.
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Old 06-01-2020, 10:01 AM
 
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I’ve been getting in the habit of looking at “pending” sales. I google “Redfin pending” and the link let’s me search for contingent and pending houses in my area. I then save the ones I really like... I figure if everything falls through in 2 months then the house sits back on the market for another 2 months you have a great prospect for a low ball offer going into the fall.
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Old 06-01-2020, 10:10 AM
 
Location: Cary, NC
43,266 posts, read 77,043,330 times
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Quote:
Originally Posted by Berteau View Post
Normally it will say "sold" if it was sold.

Perhaps property showings are temporarily suspended?
We have two MLS statuses that don't go to the scam sites:
"Coming Soon"
"Withdrawn-No Showings." I am guessing you are experiencing the latter.


A "Withdrawn-No Showings" is often one that owners want to sell, but may be bumped from Active status to allow repairs, to accommodate family needs like parties, weddings, funerals, etc, or may just be on hold due to COVID-19 concerns.
A great many come back to Active.
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Old 06-01-2020, 10:29 AM
 
Location: Stuck on the East Coast, hoping to head West
4,640 posts, read 11,930,296 times
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In my area, zillow showed my house off-market as soon as I accepted the offer.

It then went to "pending" on realtor and then "sold" the day after it sold. My house never had "contingent" status even though other houses in my area did. Then again, my buyer only asked for very minor repairs that took me a few days to get fixed?

I did take the house off the market last fall, when I didn't receive an offer (I did have showings, though). In that case, both zillow and realtor showed the house as "off market".
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Old 06-01-2020, 11:10 AM
 
Location: Just south of Denver since 1989
11,825 posts, read 34,420,440 times
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Z/T showed “off market” on one of our active listings. Seller was upset. I went back into our mls and changed the syndication date to that day. And I 16 minutes it was showing for sale again.

I have zero control on what Z does on their site. R.com showed it as Active.
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Old 06-01-2020, 12:39 PM
 
Location: a little corner of a very big universe
867 posts, read 721,273 times
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I looked into one particular case just like what the OP describes, and it turned out that the house had indeed sold--months before.
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