The withdrawn listing for 1515 Lyon is once again active (along with its 67 days on the market). And the new listing that we happened to notice replaced it last Friday (along with 0 days on the market)? That one appears to have quietly (and completely) disappeared.
∙ An Apple Is Withdrawn Without Selling (But Quickly Returns As New) [SocketSite]
good. well at least we have some influence on the marketplace!
bravo socketsite and readers!
Is the fairly nearby 1910 Golden Gate Ave trying to pull the same thing?
ex SF-er : While it may have been the SocketSite attention that caused the parties involved to “correct” this listing, this seems more of a reaction to a specific case than a policy change.
Its sort of like the 2221 Baker street house. I doubt that the realtors involved would have de-photoshopped the fraudulent photo (where the steep hill was leveled) if it were not for the attention it garnered here. In fact it was almost funny how just after someone would post were the realtors forgot to fix another copy of the photo, that photo too would get corrected.
If an organization wants to be self-regulating then it should regulate itself without requiring a prompt the peanut gallery.
It is not just the RE industry that is so sluggish to enforce its code of ethics. There are others that look great when you read their mission statement, but not so great once you monitor their actual behavior. Countless watchdog groups out there trying to keep organizations honest but these are clearly a asymmetrical situations.
Doubting that the NAR, CAR, or SFAR will change their ways any day soon, consumers are best off :
– doing their own due diligence.
– independently confirming any piece of information received in a RE transaction
– analyzing markets trends
– understanding neighborhood dynamics
– knowing local laws that might affect a property’s future potential
– evaluating a property’s value
– identifying any showstopper flaws in a property
That’s a lot of work to expect an average consumer to do. It seems like there could be a market for professionals to help consumers do their homework in a home purchase/sales transaction.
Funny, I thought DOM didn’t matter?
If you ask a Realtor if a listing has been withdrawn, and then re-activated — are they legally bound to answer truthfully?
Realtors are just sales people. One might be able to find you a better available property than you might be able to find on your own and make the bidding and closing process easy. Everything else about market trends and inspections is obviously up to the buyer. Why would one expect anything else from a sales person?
“Realtors are just sales people.”
I just relocated from SF to NYC, selling my property in SF and purchasing one here. After conducting many real estate transactions in CA and now experiencing one here, it is clear that NY “brokers” are indeed sales people, and lawyers do the rest. Real estate agents in CA and elsewhere take on far more responsibility and accountability for transactions, and the above comment shows a lack of understanding about what a real estate transaction entails and what a good agent contributes.