Home Buying in 75013>Question Details

downsize2012, Both Buyer and Seller in Allen, TX

In North Texas (Allen) how long does a home have to be off the market before the days reset and it is a new listing?

Asked by downsize2012, Allen, TX Sun Sep 23, 2012

Help the community by answering this question:

Answers

9
It has to be out of MLS for 30 days.
Web Reference: http://dmdrealtydfw.com
1 vote Thank Flag Link Sun Sep 23, 2012
30 Days. After that it will show up as a New Listing but the CDOM--Cumulative Days on Market will show to a licensed agent.
0 votes Thank Flag Link Tue Nov 26, 2013
One additional note is that while agents can see the real time it has been on the market - it will pop up on any set up searches as a new home. This may actually get the home a second look. Before doing this you really should follow previous suggestions and look at your home through the eyes of a buyer, make needed changes and re-evaluate your pricing so you can then take advantage of any second looks generated by resetting CDOM.
0 votes Thank Flag Link Thu Oct 10, 2013
at 31 day the CDOM goes back to 0, but if someone looks into the property history it will show everytime it have been listed.
0 votes Thank Flag Link Wed Sep 26, 2012
Just to be a new listing....no days. You can cancel the old one and put in the new one. Bingo...new MLS number. Why would you do that though?

As others have mentioned if you want to reset the CDOM or Cumulative Days on Market field in the MLS that agents see, then you want to wait 30 or 31 days to get that reset.

However just reseting that field, doesn't work with good agents. The history never goes away and we can still see it was on the market.

There may be a better marketing strategy than reseting the DOM field.
0 votes Thank Flag Link Wed Sep 26, 2012
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
31 days; however, any agent can see that the home was taken off the market and re-listed and this info will be pass on to their buyer. I would suggest sitting down with your agent and run another CMA for your home. From there you can determine whether it is priced at market or overpriced. How's the condition of the home? Is it clean and presentable? How is it compared to homes in the area? Is it better or worse? How long has it been on the market and what is the average days on the market for homes in the subdivision? How many showings do you have in comparison to homes in the area? Your agent can gather this general info from CSS. What are the responses that you receive from the buyer's agent after viewing your property? Note that this sometimes is hard to get since buyers and their agents do not always leave any feedback. I found that about 50% will leave feedback and often I have to call and follow up to find out.

As you can see there are a lot that you can do, re-listing just to show that the home is new on the market will only help a little. One last piece of suggestion is to look at your home through buyers' eyes.

Best of luck,

Susie Kay, Realtor®
GRI, CHMS, SFR
Residential/Commercial/Investment
English-Indonesian-Hokkien
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net

http://www.dfwdreamhomes.net

Servicing your real estate need is my priority!
0 votes Thank Flag Link Mon Sep 24, 2012
In the Austin MLS it is 90 days but honestly that does not matter at all. All Realtors can see the hold history of the property. Taking it off the market and re-listing it to reset the days on the market will not solve the problem... the problem is most likely the price. If you price it correctly now you will have offers on the home. If you re-list the property at the same price in 90 days and the market has not changed you will have the same issue most likely.

Here is what I recommend if you are a serious seller. Take the time to go and look at your competition. Have your Realtor take you to these properties. If you can actually see one that sold or is pending that is even better. Better yet if your agent can find out what the accepted offer is. Take a good hard look at the competition and price your home correctly.

Taking your home off the market and just re-listing it hoping for better results will just put you back in the same place you are now. Get serious and get educated on your market. It will pay off believe me.

Best of luck to you.

_______________________________________
Don Groff
REALTOR® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o 512.669.5599 m 512.633.4157
listings@dongroff.com | http://www.AustinListed.com
0 votes Thank Flag Link Sun Sep 23, 2012
I agree with 2 other agents HOWEVER many other issues might be involved in marketing your property bring in buyers. Keep in mind Allen is a family community typically from Sept - April can slow period of trying to sell a home

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
News Personality On Air Radio Show
Multimillion Dollar Sales Producer
972-699-9111
http://www.lynn911.com

Follow me on Facebook
http://www.facebook.com/lynn911dallas
0 votes Thank Flag Link Sun Sep 23, 2012
31 days. But succesfully re-listing a home after it's grown stale usually requires more than just holding it off the market long enough to scroll the days on market back to zero. You'll want to look at all of the factors that have prevented it from from selling previously.
0 votes Thank Flag Link Sun Sep 23, 2012
Search Advice
Ask our community a question
Email me when…

Learn more

Home > Texas > Collin County > Allen > 75013 > Home Buying in 75013 > Question
Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer