the hob;
I posted an answer and a clarification today. The practise of withdrwaing a listing before the listing has expired can be done only by a written request of the seller with the written consent of the listing broker. This is all contained in Trend's rule 1.5. My answer yesterday was incorrect. I do apologize. This practise is the result of the markets we find ourselves in and that doesn't make it right. But it is seldom that a realtor is called on it.
But, I must tell you that this is not as serious a problem as you make it to be. Today most buyer agents know how to correctly identify all important data for their buyers relating to a property. They know how to maximize their clients negotiation power. Days on market is only one small ingredient of information a buyer requires to make an informed decision.
Again, my apologies. - Fri Jun 20 2008, 12:22