Comments on: Danger Will Robinson! http://raincityguide.com/2007/01/01/danger-will-robinson/ Seattle's Leading Resource for Real Estate Information Sat, 21 Nov 2009 06:01:18 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: ARDELL http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57720 ARDELL Thu, 04 Jan 2007 05:53:37 +0000 http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57720 Ooops, Joe, didn't answer the question, as usual... You pick up the phone and call the mls. Say someone did this or that. You can also email them. Then you leave it up to them to determine if this is an "allowed time to do that" or not. Best I know, as long as the seller directs you to do it for their reason, not much the mls rules can do about that. I don't think the mls is allowed to tell owners what they can and can't do. But if an agent does it all the time, it becomes obvious it is not the seller directing the action. Ooops, Joe, didn’t answer the question, as usual…

You pick up the phone and call the mls. Say someone did this or that. You can also email them. Then you leave it up to them to determine if this is an “allowed time to do that” or not. Best I know, as long as the seller directs you to do it for their reason, not much the mls rules can do about that. I don’t think the mls is allowed to tell owners what they can and can’t do. But if an agent does it all the time, it becomes obvious it is not the seller directing the action.

]]> By: ARDELL http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57716 ARDELL Thu, 04 Jan 2007 05:34:59 +0000 http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57716 Well Joe, you have to remember that they are doing this for the benefit of the seller, and sometimes they ARE allowed and sometimes not...which is confusing. Say you listed your house for $599,000 and then realized it was way off and reduced it to $499,000. The mls does permit you to get a new number as it really isn't fair at $499,000 to say it's been on market 60 days without ALSO saying BUT it was $100,000 more. So it wouldn't be fair to never allow it. In fact we always WERE allowed to do it (and often did) before the public was viewing things, as agents could always trace the property history via our version of the MLS. My main concern is when a public site says Days on Market 0, when it is not 0, but a little birdie told me they are working on that since reading my article :) The rule only came out because of the public sites, not the mls site. Well Joe, you have to remember that they are doing this for the benefit of the seller, and sometimes they ARE allowed and sometimes not…which is confusing.

Say you listed your house for $599,000 and then realized it was way off and reduced it to $499,000. The mls does permit you to get a new number as it really isn’t fair at $499,000 to say it’s been on market 60 days without ALSO saying BUT it was $100,000 more.

So it wouldn’t be fair to never allow it. In fact we always WERE allowed to do it (and often did) before the public was viewing things, as agents could always trace the property history via our version of the MLS.

My main concern is when a public site says Days on Market 0, when it is not 0, but a little birdie told me they are working on that since reading my article :)

The rule only came out because of the public sites, not the mls site.

]]> By: Joe http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57692 Joe Thu, 04 Jan 2007 04:19:46 +0000 http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57692 Who is supposed to clear situations when an agent is violating the MSL rules? What should one actually do about it? Who is supposed to clear situations when an agent is violating the MSL rules? What should one actually do about it?

]]> By: Geordie Romer http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57331 Geordie Romer Tue, 02 Jan 2007 23:34:37 +0000 http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57331 We have people trying all these tired old tricks on this side of the mountains too. Most of the buyers I work with are buying vacation homes or second homes. The first thing I help them realize is that the way the market works in one locale is not the way it works everywhere. 45 days on market here is not an enternity (that's 365 days). New construction in Leavenworth usually doesn't pre-sell (though it often does in Wenatchee). So a new construction home with 150+ days isn't that unusual. Last year I ended up in a multiple offer scenario with a house that had been listed for 6 months. Talk about bad timing! We have people trying all these tired old tricks on this side of the mountains too. Most of the buyers I work with are buying vacation homes or second homes. The first thing I help them realize is that the way the market works in one locale is not the way it works everywhere. 45 days on market here is not an enternity (that’s 365 days). New construction in Leavenworth usually doesn’t pre-sell (though it often does in Wenatchee). So a new construction home with 150+ days isn’t that unusual. Last year I ended up in a multiple offer scenario with a house that had been listed for 6 months. Talk about bad timing!

]]> By: Reba Haas http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57294 Reba Haas Tue, 02 Jan 2007 20:50:41 +0000 http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57294 per the NWMLS home page: Reminder: Cancelling a listing and re-inputting it in order to get a new listing number is a violation of NWMLS Rules and Regulations. If there are people doing this then they need to be turned in to the NWMLS for violations. per the NWMLS home page:
Reminder: Cancelling a listing and re-inputting it in order to get a new listing number is a violation of NWMLS Rules and Regulations.

If there are people doing this then they need to be turned in to the NWMLS for violations.

]]> By: Charleston real estate blog http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57280 Charleston real estate blog Tue, 02 Jan 2007 19:42:29 +0000 http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57280 Ardell, I saw an agent re list his own personal home which has been on the market for 6 months, he entered the info on New Years Eve, got a 26 number, indicated no showings until January 2 and also raised the price by $45,000. I always look at the history when it has potential for a client. Best, Howard Ardell, I saw an agent re list his own personal home which has been on the market for 6 months, he entered the info on New Years Eve, got a 26 number, indicated no showings until January 2 and also raised the price by $45,000. I always look at the history when it has potential for a client. Best, Howard

]]> By: Monika http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57086 Monika Tue, 02 Jan 2007 02:03:13 +0000 http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57086 Our (NH) MLS tracks by address. So even if a new number is issued..nobody is fooled by the DOM...any good agent knows to track by address. Guess they did something right, not much but something. Our (NH) MLS tracks by address. So even if a new number is issued..nobody is fooled by the DOM…any good agent knows to track by address. Guess they did something right, not much but something.

]]> By: ARDELL http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57043 ARDELL Mon, 01 Jan 2007 22:21:25 +0000 http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57043 Jonathan, Days on market is VERY important to a buyer consumer and should not be overlooked. Clearly a home sitting on market for nine months, at the same price, should not sell at full price. How can you dispute that? Also the buyer needs to know that it is a hard to sell house, as they will likely have the same problem when they go to sell it. The brand new listings didn't get a 27 number either. We had this glitch last year. Last until the 5th or 6th and agents were permitted to tradein the old number for a new one if they were one of the listings that got "glitched". Jonathan,

Days on market is VERY important to a buyer consumer and should not be overlooked. Clearly a home sitting on market for nine months, at the same price, should not sell at full price. How can you dispute that? Also the buyer needs to know that it is a hard to sell house, as they will likely have the same problem when they go to sell it.

The brand new listings didn’t get a 27 number either. We had this glitch last year. Last until the 5th or 6th and agents were permitted to tradein the old number for a new one if they were one of the listings that got “glitched”.

]]> By: Jonathan Dalton http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57034 Jonathan Dalton Mon, 01 Jan 2007 21:51:07 +0000 http://raincityguide.com/2007/01/01/danger-will-robinson/#comment-57034 It's amazing how some folks spend more time trying to trick the system than actually selling. Personally, I'd love to see the Days on Market disappear from the listing if not forever then at least until the close. There are so many causes of a home sitting on the market, many of which dealing more with the acute stubbornness of the owner or an agent's desire to purchase a listing than with any material fact about the house itself. The change never will happen, of course, but we can dream. Best way to get a "27" number ... get a listing in 2007. I'll have one of my own up and running tomorrow. Now we just need to sell it. It’s amazing how some folks spend more time trying to trick the system than actually selling.

Personally, I’d love to see the Days on Market disappear from the listing if not forever then at least until the close. There are so many causes of a home sitting on the market, many of which dealing more with the acute stubbornness of the owner or an agent’s desire to purchase a listing than with any material fact about the house itself.

The change never will happen, of course, but we can dream.

Best way to get a “27″ number … get a listing in 2007. I’ll have one of my own up and running tomorrow. Now we just need to sell it.

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