Real Estate

*Metropolitan Regional Information Systems, the Washington area's multiple-listing service for real estate, made a rule change that allows sellers to withdraw their home from the market for 90 days, then put it back on as a new listing. Previously, the wait was 180 days. See story

*Blooms Crossing in Manassas Park and Columbia Town Center in Columbia are profiled.

By Terri Rupar  |  February 23, 2008; 12:19 PM ET  | Category:  Real Estate
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Yea.
It's a bit of scam if you think about it.
I have one customer that keeps putting his house on the market every 9 months. He will put it on for a high price 3 months before the end of the lease and hope someone bids on it. For him it's good because for a while there his Days On Market were adding up throughout the 9 months it was off the market. Now he starts fresh every year. I am thinking about not even listing it this year because prices are dropping and he keeps putting it back on for the same list price.

Pat Hiban
www.hibantellsthetruth.com

Posted by: Pat Hiban | April 4, 2008 5:17 PM

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