Rainmaker
3,988,324
3,988,324
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730
Not that I know of and I have never heard of the term. I also have never noticed anyone doing this so it must not have been a problem in Middle TN.
May 19, 2015 10:48 AM
Upvote
1
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Paul S. Henderson, REA...
Tacoma, WA
Rainmaker
1,678,196
1,678,196
Albuquerque Homes Realty - Albuquerque, NM
No and I haven't seen it taking place.
May 19, 2015 07:29 AM
Upvote
1
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John McCormack, CRS
Albuquerque, NM
Rainmaker
115,532
115,532
NextHome Premier - Basking Ridge, NJ
The Agent you choose REALLY does make a difference
Don't think we have a rule against it, but it would surely make a negative impression on me if I were to see it among listings on the hot sheet. I'd think it is an unimpressive tactic that would quickly lose any appeal.
May 19, 2015 04:52 AM
Upvote
1
Rainmaker
921,504
921,504
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ
Sounds like a great strategy to keep the information in front of MLS members.
There are other ways to achieve the same thing that would not require a price adjustment, but the result would be identical,the home frequently appearing on the hot list.
Bush League? I think not. Effective marketing is always identified when competitors start complaining.
May 19, 2015 03:47 AM
Upvote
1
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Paul S. Henderson, REA...
Tacoma, WA
Rainmaker
3,076,632
3,076,632
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty
Rainmaker
5,277,876
5,277,876
Dallas, TX
REALTOR®, Broker
Our rules state that any changes there must be a signed request by the seller.
May 19, 2015 08:57 PM
Rainmaker
979,851
979,851
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor
Paul - Not sure if our MLS has rules against yo-yo pricing, but thankfully I have not noticed anyone doing this in our MLS. Hopefully it won't become an issue.
May 19, 2015 04:21 PM