Paul S. Henderson, REALTOR®, CRS, South Puget Sound Washington Agent/Broker! (Fathom Realty Washington LLC)

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Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
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
Rainmaker
1,658,486
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

No and I haven't seen it taking place.

May 19, 2015 07:29 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't think we have rules against this in our MLS.  And, luckily, we don't have anyone doing this that I'm aware of.

May 19, 2015 04:54 AM
Rainmaker
115,420
Jeanne Feenick
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
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
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
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Richard nailed this one!

Dec 24, 2017 03:47 AM
Rainmaker
4,851,571
Richard Weeks
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
979,396
Troy Erickson AZ Realtor (602) 295-6807
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