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Hmmmmmm . . . No, You Didn't Change the Price -- Best Real Estate Practices

Reblogger Satar Naghshineh
Real Estate Broker/Owner with Satar - Amiri Property and Financial Services Corp.

Maybe it was a mistake? Why would anyone play games on a listing that has been active on the MLS for only thirteen days? What do you think?

Original content by Carla Muss-Jacobs, RETIRED Inactive License Oregon

Who remembers the song "Games People Play"?

"Oh the games people play now 
Every night and every day now 
Never meaning what they say now 
Never saying what they mean"

I was reminded of the song toay when I was looking up some listing for clients I'm working with.  I noticed a property had a "Price Change" . . . here's how it appeard in the multiples:



See those little boxes to the right?  That "H" in the purple box is the HISTORY of the listing.  I clicked on it because I was curious to see what the priced "changed" to.

Reading from the bottom up . . . the property was original listed on 7/8/012 for $325,000.  Today the price was "changed" {wink, wink} to $249,900 . . . and just as quickly as it was changed FROM $249,900 it was changed back to . . . .

THE ORIGINAL LIST PRICE.

This "price change" was only done to get the listing into the PRICE CHANGE category and get it under agent's noses again.

Oh the games people play.

I just hope that all the price changes done to this listing today . . .down to $249,900 . . . they back up to $325,000 was all SIGNED OFF by their client.  Because last time I checked, price changes had to be approved by the seller.

BEST REAL ESTATE PRACTICES:  DO NOT change list price up and down (or down and up) just to manipulate the listing in the MLS. 

OOPSIE DOODLE -- why do I get the feeling that the seller doesn't have a clue?!?

 

search Portland PropertiesEBA Portland ~~ 100% BUYER REPRESENTATION ~~ 100% of the Time

EBA Portland, LLC is an Exclusive Buyer Agency serving the Metro Portland real estate market since 1999. If you’re a Buyer in the Metro Portland area (including: Beaverton, Tigard, Hillsboro, Lake Oswego, Downtown Portland,) and contemplating a purchase, talk with a Buyer’s Agent . . . better yet, talk to an Exclusive Buyers Agent. Exclusive Buyers Agents do not work for listing brokerages or Sellers. An EBA’s fiduciary duty is: 100% BUYER REPRESENTATION . . . 100% of the Time.

 Carla Muss-Jacobs
503-810-7192
Carla@carlahomes.com
         

BuyersAgentPortland.com

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Comments(2)

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Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

If you don't know our RMLS then you don't know what PCH means.  That, in and of itself is a DEAD giveaway on the listing agents intentions.  Nice re-blog NB.

Jul 22, 2012 02:35 PM
Satar Naghshineh
Satar - Amiri Property and Financial Services Corp. - Irvine, CA

"If you don't know our RMLS then you don't know what PCH means.  That, in and of itself is a DEAD giveaway on the listing agents intentions."

We have price changes as well. Luckily ours have time stamps, so we can see how long it was changed for.

"Nice re-blog NB."

Thanks!  ;)

Jul 22, 2012 02:47 PM