nwmls: Nefarious Real Estate Practices - Canceling and Re-Listing a Home
- 09/13/06 08:26 AM
Well, it seems to be all the rage here in Washington state, and a hot topic among Realtors. This, the practice of canceling a current property listing (usually late at night), and then re-listing that property a few hours later. Same house, same seller, same price. Why would a Realtor do such a thing? Well, it relates to the way the 'MLS' system is set up. The 'MLS' (in our case: NWMLS, Northwest MLS) is the statewide database system used by Real Estate agents to see what properties are currently listed with Real Estate Agents and Brokerages. Actually, it's a bit more … (31 comments)
nwmls: Photography for Real Estate Listings
- 09/09/06 09:29 AM
As a licensed Real Estate Agent here in Washington State, and as a Realtor, well... you can imagine that there are a lot of rules and regulations about marketing properties. A lot of legal requirements, such as the exact words that are used to describe a property. What you may not imagine... are the new rules about photos for a listing that appears on the MLS system - the state-wide database that all of us Real Estate agents rely upon. As recently as a year ago, the Washington State MLS (NWMLS) would (for free) send someone out to take a picture of … (19 comments)
Well, it seems to be all the rage here in Washington state, and a hot topic among Realtors. This, the practice of canceling a current property listing (usually late at night), and then re-listing that property a few hours later. Same house, same seller, same price.;)
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