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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (6576)11/5/2002 10:28:25 AM
From: MulhollandDriveRead Replies (2) | Respond to of 306849
 
hi elroy,

is a prospective buyer able to find out the amount of time a property has actually been up for sale..

in other words is the RE agent required to disclose that it is "back on market" so that it does not appear to be a new listing?

i see a number o "back on market" properties from the agent who's mailing list i am on, but they are usually not the same terms...(most say "new price")



To: Elroy Jetson who wrote (6576)11/5/2002 4:04:56 PM
From: David JonesRead Replies (1) | Respond to of 306849
 
...If you look at the listing histories of properties during our post 1990 market decline, homes for sale during this period show Active and Withdrawn repeatedly, often ten or seventeen times in a row....

Those were morons that didn't need to sell in the first place. I cant fathom having a broker that would put up with such crap. I mean I wouldn't have such working for me. Meaning he/she's too wimpy to tell the seller the facts of the market and selling.