Re-Listing Homes - Can You Handle the Truth?

The Practice of taking a home off the market and re-listing it to show 0 days on the market again is becoming more and more common. Debates are heating up on the subject from coast to coast.

Listing Agents argue they are doing their client a service. They also argue that Buyers can't handle knowing the truth about how long a home has been listed because a home that has been on the market for a long time has an assumed problem or diminished value.

The Public cries "foul" and says they are being deceived.

Does the end justify the means?

Would re-listing fall under the category of "deceptive" advertising, or is it simply showing the home in the best possible light?

As an Exclusive Buyer's Agent, I will look at the listing history of a property when evaluating it for clients. Many times when we see new listings that appear to be familiar, they are, in fact, re-listed homes. Knowing that a home has been on the market for a year and a half with no significant price changes tells us a little bit about the Seller's motivation, and how other Buyers have perceived the value of the home compared to the asking price, without even setting foot in the door.

If an unrepresented potential buyer asks the listing agent, "How many days has this home been on the market?" Is it honest for a listing agent to say, "It just listed yesterday"?

What if they are working with an agent who says they will be their "Buyer's Agent", but that agent thinks the home is a good fit for the Buyer and doesn't want to "cloud the waters" by telling them that the home has actually been listed for a year and a half already with no price changes? 

Many home buyers are unaware that they can hire an Exclusive Buyer's Agent to protect them and provide them with this type of information when they buy a home.

If a Buyer wants to know the listing history of a property, we look up the "real" information and inform them. I believe that how long a Seller has been trying to sell their home and at what price is a material fact of benefit to my buyer-client.

That's the real reason other agent's don't want you to know.

You want the truth? You CAN handle the truth!

If you are thinking about buying a home in the Salt Lake area, make sure you get an agent on YOUR side.

Homebuyer Representation, Inc. is the only Real Estate Brokerage representing Buyers ONLY in Salt Lake City and the Surrounding Areas. We do not list any homes. We never represent Sellers. We work for BUYERS ONLY on the Buyer's side of the transaction.

We work to get BUYERS the Best Price and Terms when they Buy... 

We're "Real Estate Agents who Represent the Home Buyer" TM

If you have excellent credit and are thinking about buying a $250,000-$500,000 home in the Salt Lake area in the next 30-60 days, call us at (801) 969-8989 or contact us via the link on this page.

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