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MLSLI

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Teach723
Have faith. Believe. Dream.

Member since 8/10

2356 total posts

Name:

MLSLI

Why do homes still show up on there and then I contact the sellers agent and they say "oh, it's been taken off the market for now until they find a home". Grrrr!! It's so frustrating.

Posted 11/21/13 12:12 PM
 
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jams92

Member since 1/12

6105 total posts

Name:

Re: MLSLI

it is frustrating but we found it was the most accurate site
zillow, trulia etc dont add the new houses as quickly nor do they take them down quickly either

you can set up email alerts from mlsli - fill in your criteria (location, number of beds, baths etc) and it will email you new listings that day. i found it helps bc you know those are accurate and it saves you from sitting on that site searching the same thing over and over

good luck!

Posted 11/21/13 1:16 PM
 

Ian&EmmesMommy23
My family is complete!

Member since 11/08

12970 total posts

Name:
Diana

Re: MLSLI

i know what you mean. when i was looking, by the time i texted Beth an MLS # is was already in contract. so frustrating!

ETA I put a bid in on a house, it was accepted and then they told me they didn't want to close for 6 more months. like seriously??? it's not even possible with a rate lock. those people were crazy and apparently their agent didn't even know they weren't ready to leave! luckily I backed out and found a better house.

Message edited 11/21/2013 2:08:41 PM.

Posted 11/21/13 1:28 PM
 

Christine Braun - Signature Premier Properties
LIFamilies Business

Member since 2/11

3992 total posts

Name:

Re: MLSLI

Houses do show as available until they are in full contract, and it can take 2-3 weeks from the time of an accepted offer until both parties sign the contract (because of inspection, attorney schedules, etc.).

But as to the OP's point - a house can be temporarily off the market for 10 days. After that, MLS rules dictate that the listing should be withdrawn until it can be shown again. In practice, a lot of agents technically leave houses that are "temporarily off the market" on MLS for much longer than they should, in violation of MLS rules.

A lot of sellers want it both ways - they don't want to put their home on the market until they find the next house they want to go to, but they need to sell their existing house to buy their next one. As I recently posted on another thread, most sellers in this situation do need to find an interim place to go (short-term rental, stay with family or friends, etc.) in between selling their house and buying their new one. Convenient? No. Necessry? Usually, yes.

As an agent, I would either advise a seller to wait to put the home on the market until they are ready to sell, or keep it on the market and entertain offers. Through negotiations, you may find a buyer that is willing to give you an extra few months to find a home at that point. Not all buyers need or want to close right away. But I would NEVER have a listing out there if the seller wasn't even showing or considering offers.

I also recently showed a house in N. Bellmore -- great split level house, lots of activity. My buyers wanted to make an offer and I was told by the listing agent that the sellers were just holding offers in the file until they found a home. They weren't even responding or negotiating. So basically, the sellers and their agent were wasting everyone's time by having it on the market and allowing showings at that point. I had never actually encountered that before (usually you call and are told the sellers aren't showing until further notice). So aggravating!

I do agree that the MLS website is the most accurate, because it's the primary source. When agents "list" a house, we submit it to MLS. From there, the listings get filtered out onto other sites or other sites pick them up. But I get calls all the time from buyers who saw houses on Zillow or Trulia, and they are listings of mine that closed months earlier. I also see a lot of inaccurate info on those sites.

Honestly, the best bet really is to work with an agent once you are serious about looking. We see so much more information on our version of listing reports and are in a better position to verify what's on the listings.

Posted 11/21/13 2:00 PM
 

popabubble
I need a clone

Member since 12/09

1143 total posts

Name:
Dianne

MLSLI

I know.. So annoying!! It happened to us when we were looking for apartments on there!

Posted 11/25/13 11:45 AM
 
 

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