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Do days listed still reset?


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2012 Feb 14, 11:39pm   2,677 views  4 comments

by mdovell   ➕follow (0)   💰tip   ignore  

Some real estate agents were on local tv a few weeks ago and said the old tactic of taking a house off the market and putting it back on no longer reset the says on market. Something about MLS no longer allows it.

Is this true?

#housing

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1   Patrick   2012 Feb 15, 10:51am  

There are hundreds of different MLS systems, not just one.

They are technically different, often have incompatible file formats, and different rules.

The only thing that unites them is the desire to extract the maximum amount of cash from buyers.

2   David9   2012 Feb 15, 11:10am  

Not sure what is going on, but I did actually go to see one property Last Year, this one:

http://www.redfin.com/CA/Tarzana/5700-Etiwanda-Ave-91356/unit-259/home/4081906

As I've been blabbling on, these properties 'magically' reappear weeks or months later on the MLS. This one became 'visible' today in my email update and online after being 'invisible' for well over a month.

Gee, I would have lost 10k had I bought it..

Ciao

3   bubblesitter   2012 Feb 15, 11:42am  

David9 says

Gee, I would have lost 10k had I bought it..

Now calculate the investment return on the 10K over the period of 30 years. :)

4   David9   2012 Feb 15, 12:17pm  

APOCALYPSEFUCK is Tony Manero says

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!

As of today, I think you are the most right on person on this blog.

What a great Saturday Night Live skit. "You too can be immediately under water! Buy Now! What? It only has an IRS lien you silly goose."

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