Q: Can a property listing be taken off the market, then put back on a few days later?
I am caught between two agents who want to list my property for sale. One claims she routinely removes a listing from the market to save Days on Market (say, during snowy weather), or takes it off after a month or two on the market then relists it to show it as "newly listed." The other agent says this cannot be done, that if you take a property off the market you must wait 60 days before you put it back on. Who is right?
A: You are most likely referring to the Multiple Listing Service ("MLS"), which is a private organization with its own set of rules. For example the Central Virginia Regional Multiple Listing Service states that such conduct is prohibited. Section 5.26 Manipulation of Days on Market
Withdrawal and re-entry of a Listing as a marketing tool or in an attempt to alter or reset the days on
market information is prohibited.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.