It’s a dirty little secret of the real estate trade: relist (or in this case, change agents) in order to obscure a dramatic price reduction for a property. And it probably worked a lot better before SocketSite (and our readers) joined in the fun. From a reader’s tip:
“240 – 242 Roosevelt Way was listed at $2.1 million. It dropped to $1.9+ million. Then got relisted with another agent (likely to not show a huge price reduction) currently at $1.575 million.”
And yes, listed as “On Tour as New” in the MLS. Excellent, let’s keep ‘em coming. And oh, we almost forgot the best part of the tip: “Love your site.” Aww, shucks…
∙ Listing: 240-242 Roosevelt Way, $1.575m [SF MLS]