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urbanrealtor.
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December 30, 2008 at 11:13 AM #321762December 30, 2008 at 12:25 PM #321784
jpinpb
ParticipantUR – Thank you for the clarification and explanation.
December 30, 2008 at 12:25 PM #321880ParticipantUR – Thank you for the clarification and explanation.
December 30, 2008 at 12:25 PM #321802ParticipantUR – Thank you for the clarification and explanation.
December 30, 2008 at 12:25 PM #321728ParticipantUR – Thank you for the clarification and explanation.
December 30, 2008 at 12:25 PM #321381ParticipantUR – Thank you for the clarification and explanation.
December 30, 2008 at 9:32 PM #322039LuckyInOC
ParticipantUR,
“Some people don’t do their homework b/c they rely on realtors since they’re the “experts” and many people place a lot of trust in realtors.” – JPinPB
“…someone who is looking out for your best interest..” – NAR radio spot
Isn’t it what NAR advertises on the radio that someone can go about their regular business and the agent will take care of it for you.
Do you think it is or should be normal practice for the agent to inform the buyer of all recent past listings for a property before submitting an offer?
Lucky in OC
December 30, 2008 at 9:32 PM #322138ParticipantUR,
“Some people don’t do their homework b/c they rely on realtors since they’re the “experts” and many people place a lot of trust in realtors.” – JPinPB
“…someone who is looking out for your best interest..” – NAR radio spot
Isn’t it what NAR advertises on the radio that someone can go about their regular business and the agent will take care of it for you.
Do you think it is or should be normal practice for the agent to inform the buyer of all recent past listings for a property before submitting an offer?
Lucky in OC
December 30, 2008 at 9:32 PM #322058ParticipantUR,
“Some people don’t do their homework b/c they rely on realtors since they’re the “experts” and many people place a lot of trust in realtors.” – JPinPB
“…someone who is looking out for your best interest..” – NAR radio spot
Isn’t it what NAR advertises on the radio that someone can go about their regular business and the agent will take care of it for you.
Do you think it is or should be normal practice for the agent to inform the buyer of all recent past listings for a property before submitting an offer?
Lucky in OC
December 30, 2008 at 9:32 PM #321981ParticipantUR,
“Some people don’t do their homework b/c they rely on realtors since they’re the “experts” and many people place a lot of trust in realtors.” – JPinPB
“…someone who is looking out for your best interest..” – NAR radio spot
Isn’t it what NAR advertises on the radio that someone can go about their regular business and the agent will take care of it for you.
Do you think it is or should be normal practice for the agent to inform the buyer of all recent past listings for a property before submitting an offer?
Lucky in OC
December 30, 2008 at 9:32 PM #321636ParticipantUR,
“Some people don’t do their homework b/c they rely on realtors since they’re the “experts” and many people place a lot of trust in realtors.” – JPinPB
“…someone who is looking out for your best interest..” – NAR radio spot
Isn’t it what NAR advertises on the radio that someone can go about their regular business and the agent will take care of it for you.
Do you think it is or should be normal practice for the agent to inform the buyer of all recent past listings for a property before submitting an offer?
Lucky in OC
December 30, 2008 at 10:42 PM #322025Anonymous
GuestDear George,
Our MLS does not allow us to cancel a listing and relist it in under 30 days. If the listing expires, it can be relisted 24 hours with the same agent if a new listing contract is signed. If an extension is signed, the listing is merely extended.
If the seller wants to change the overall terms of the listing and perhaps even the commission, there are many times when a fresh, new listing is called for. Not only does appear new on the market, which cleary infuriates you, but it gives the listing agent a chance to actually, physically “re-enter” the data in our MLS and change whatever it was that the seller agreed to change.
If a property is listed 400 times it’s completely irrelevant to a buyer who wants the property. For those occasions when a scoundrel agent cancels and re-lists, it is up to our board of Realtors to police it and they do.
We are in a conundrum of a market with properties often not selling for 180 days or more. A listing can become very market fatigued and often it’s best to let it expire and relist it with the agent of your chosing as a seller.
If you continue to go with your existing agent, and may sellers do, a new contract is required to physically relist the whole thing.
An extension agreement, one page, is all that is required to keep the tired thing going.
With all due respect, a properly relisted home, even with the same agent, is not considered damaging to anyone.
December 30, 2008 at 10:42 PM #321680GuestDear George,
Our MLS does not allow us to cancel a listing and relist it in under 30 days. If the listing expires, it can be relisted 24 hours with the same agent if a new listing contract is signed. If an extension is signed, the listing is merely extended.
If the seller wants to change the overall terms of the listing and perhaps even the commission, there are many times when a fresh, new listing is called for. Not only does appear new on the market, which cleary infuriates you, but it gives the listing agent a chance to actually, physically “re-enter” the data in our MLS and change whatever it was that the seller agreed to change.
If a property is listed 400 times it’s completely irrelevant to a buyer who wants the property. For those occasions when a scoundrel agent cancels and re-lists, it is up to our board of Realtors to police it and they do.
We are in a conundrum of a market with properties often not selling for 180 days or more. A listing can become very market fatigued and often it’s best to let it expire and relist it with the agent of your chosing as a seller.
If you continue to go with your existing agent, and may sellers do, a new contract is required to physically relist the whole thing.
An extension agreement, one page, is all that is required to keep the tired thing going.
With all due respect, a properly relisted home, even with the same agent, is not considered damaging to anyone.
December 30, 2008 at 10:42 PM #322084GuestDear George,
Our MLS does not allow us to cancel a listing and relist it in under 30 days. If the listing expires, it can be relisted 24 hours with the same agent if a new listing contract is signed. If an extension is signed, the listing is merely extended.
If the seller wants to change the overall terms of the listing and perhaps even the commission, there are many times when a fresh, new listing is called for. Not only does appear new on the market, which cleary infuriates you, but it gives the listing agent a chance to actually, physically “re-enter” the data in our MLS and change whatever it was that the seller agreed to change.
If a property is listed 400 times it’s completely irrelevant to a buyer who wants the property. For those occasions when a scoundrel agent cancels and re-lists, it is up to our board of Realtors to police it and they do.
We are in a conundrum of a market with properties often not selling for 180 days or more. A listing can become very market fatigued and often it’s best to let it expire and relist it with the agent of your chosing as a seller.
If you continue to go with your existing agent, and may sellers do, a new contract is required to physically relist the whole thing.
An extension agreement, one page, is all that is required to keep the tired thing going.
With all due respect, a properly relisted home, even with the same agent, is not considered damaging to anyone.
December 30, 2008 at 10:42 PM #322101GuestDear George,
Our MLS does not allow us to cancel a listing and relist it in under 30 days. If the listing expires, it can be relisted 24 hours with the same agent if a new listing contract is signed. If an extension is signed, the listing is merely extended.
If the seller wants to change the overall terms of the listing and perhaps even the commission, there are many times when a fresh, new listing is called for. Not only does appear new on the market, which cleary infuriates you, but it gives the listing agent a chance to actually, physically “re-enter” the data in our MLS and change whatever it was that the seller agreed to change.
If a property is listed 400 times it’s completely irrelevant to a buyer who wants the property. For those occasions when a scoundrel agent cancels and re-lists, it is up to our board of Realtors to police it and they do.
We are in a conundrum of a market with properties often not selling for 180 days or more. A listing can become very market fatigued and often it’s best to let it expire and relist it with the agent of your chosing as a seller.
If you continue to go with your existing agent, and may sellers do, a new contract is required to physically relist the whole thing.
An extension agreement, one page, is all that is required to keep the tired thing going.
With all due respect, a properly relisted home, even with the same agent, is not considered damaging to anyone.
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