Who can access your past info on listing home?

Question

we listed our house with a realtor who talked us into a lower asking price then we wanted, when we recieved so many comments on how it was to low we pulled it off the market. We now (6mo's later) want to put it on again but were told by another realtor that "how can he explain the price increase " he told us to wait a year , does this mean that anyone can access our previous listing info, bids etc? Will it really make a differance? Help I really need to sell this house!!!

Answer 1

It stays in the computer forever.  Don't spend 1 minute worrying about it.  The past is over.  You get to sell it for any price you want.  If the agent is hesitant, tell him thank you and show him the door.

On every house i've ever owned, my friends and neighbors told me that my price was too low and i was selling too cheap. They weren't the ones who had to move, tho.  I did.  THey were all wrong.  The houses all sold for much less than the neighbors thought.  I learned not to be stubborn.

Advertise it yourself on www.craigslist.org and www.zillow.com and see how many buyers tell you that your price is too low.  Don't mess with the agents.

Answer 2

If it was listed on the MLS, then , yes, any agent can look it up and see the previous history as far as pricing is concerned that it had been previously offered for.

But don't let that stop you.

It's the comparable sales in the area that dictates what a selling price is...not the past history.

To me, it's just that...history. Circumstances change, errors are made, markets change, neighborhoods change.

Just get a REALTOR to do a good comp survey and then decide what is best for you to do.

Many sales agents are not REALTORS. Be careful.

Some want you to sell low so they can sell it quickly and get their commission.

A reputable REALTOR will show you the comps, explain any differences and assist in finding a reasonable price range for your home.

The bottom line is it's your house and you determine the selling price.

Answer 3

The MLS where I live saves data going back to the day it went online. I can pull up the listings from when my home was sold in '99, listed in '06, relisted and finally sold in '07.

But yeah, a savvy buyer's agent is going to notice that and question it. Your agent will need comps to explain your current list price - which I pray he had when he agreed to it or he's wasiting his time and yours.

Answer 4

The listing information is probably the property of the local board of realtors.  So they will be able to access it, essentially, indefinitely.  Consult another agent who can figure out how to "explain the price."

Answer 5

Your home was probably listed on the Multiple Listing Service (or MLS).  Each MLS can be different but the one I use goes back about 5 years.  

However, understand that the Real Estate agent works for you-you don't work for them.  You decide what the property will be listed for, not them.  Of course, the agent can refuse to take the listing if it is unreasonably high.

Remember, your agent's job is to help you sell your house.  If you need to sell it fast, you need to price it lower than other comparable properties. Therefore if the house is priced above the market, don't blame your agent if it doesn't sell.

Finally, a property is worth what someone is willing to pay for it.  The best way to price a house is to find out what comparable properties are selling for today-NOT what they sold for 6 months ago.

Answer 6

You enter a contract with a Realtor to bring you information and to market the property.   If the Realtor could support their listing price with facts, not opinions, why wouldn't you go with the facts?  I don't worry about a price change when listing a property, and I don't explain it.  The price is the price and if someone wants to argue about it, I don't go there.  

MLS information access differs by area, but on the one in my area, I can pull it from awhile back.  Expired and cancelled by agreements go off in less than a year.  Solds stay on for about 5 year.