That house has expired. Yesterday, June 13th. After (another) month with the flat fee folks, they expired it. My guess is they hire someone who wonâ€™t sugarcoat the facts and will actually price it for todayâ€™s market. ( Slowest May for real estate since 1995) They have been on the market for quite some timeâ€¦first at the hilariously optimistic $239,900 (no help from the Listing Agent on that price) then a slightly more realistic price including reductions with an actual Realtor. What I donâ€™t understand is why they took the Realtorâ€™s advice on price, fired them but put it back on the market for the same number. Shouldnâ€™t they have reduced the priced by 3%? Then another bout with the flat fee folks.
Hard to believe that a house that sold for $196,000 back in 2007 is worth less now but the market has spoken.
Many times these Flat Fee/FSBO Sellers do not respect the value of the MLS data and they don't update the status of their listing accurately. Despite the glaring ethical issues with disclosing an Accepted Offer, they choose to selfishly protect their own interests going as far as to mislead the public and Realtors. Even on the website of one of the local flat fee joints, a FSBO Seller complains about the treatment she received from several Realtors despite stating clearly that she wanted to keep it "Active" on the MLS until it closed even though she had an Accepted Offer in hand. This is against the Realtors Code of Ethics. The deterioration of the quality of the MLS information brings down the overall usefulness of this tool that Realtors pay for.
Julie...you have the MLS, it says "EXPIRED"...I don't blame you for not trusting the data when you see the "Listing Agent" is just an ad rep. It might have actually sold but you would never know for sure since you canâ€™t trust the listing agent to update the listing properly.