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Home Selling in Rehoboth Beach : Real Estate Advice

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  • Home Buying28
  • Home Selling5
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Activity 2
Sun Dec 30, 2012
Chris Kavanagh answered:
Hi Frank,

You did not specify single family or condo/town-home or if you were just interested in sold properties east of Rt.1. The average single family east of Rt. 1 sold in 2008 for $933,607 and YTD 2009 the average single family sold east of Rt. 1 has been $768,506 which is a decrease of 17.68%. If you have any questions please contact me anytime.

Chris Kavanagh
Coldwell Banker Residential Brokerage
Bethany Beach, DE 19930
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Sun Dec 30, 2012
Kevin & Monica McNamara answered:
If a property has been listed with a real estate agent and it was withdrawn by the seller, the seller can choose to re-list the property with a different REALTOR at anytime there after. There is no prescribed period that the property must remain off of the market.

The difference would be if the home was listed by an agent, then withdrawn by the seller, and a buyer that had been shown the property during the time of the listing agreement wished to then purchase that property, there is probably verbiage in the listing agreement that states, for some designated period of time, the previous listing agent would be owed a commission.

I hope this helps. My best for the Holidays.

Monica McNamara
Licensed in Maryland and Delaware
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