Profile picture for lydiazhou10

If a home has two mls listings, and one just cancelled recently, what dose that mean?

  • September 09 2012 - US
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Answers (4)

Profile picture for lydiazhou10
thanks!
the seller agenent recently cancelled one of the listings, is that possible that the home is under contract before, and somehow it fell through? I am under contract with it now ( option period) , and I notice sloppy work done and cheap materials used for the remodelling, wonder if the former buyer changed his mind if there is any.
  • September 09 2012
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My answer is going to have a little different spin.  Where I am located we have 3 MLS boards which at times overlap.  A property can be listed in more than one board.  I have seen properties "cancel" which is much different from expired.

A cancelled property means the Broker and seller have agreed to cancel the contract prior to its expiration.  It could be the property was cancelled - removed from one board and not the other.

I've also seen the same property listed under Residential and Land which would give it two MLS listings.

Consult with a local Realtor who can answer your questions for you.
  • September 09 2012
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Profile picture for user2809180
Tim has it. Either they switched companies (which should be easy to tell) or they are trying to make it seem like it hasn't been on the market as long as it has. A lot of people like to search by recent listings, so that is one way to get your home back to the top of the list. If the pictures and information is the same, I'd bet that's what happened.
  • September 09 2012
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It means the listing expired and the house was listed again and assigned a new number. Several things could be true, a different company listed it so they got a new number or the same company relisted it to get a new number so the Time On Market clock would go back to zero. Agents often cancel and relist a house so the days it has been listed resets to zero so it does not look like it has been for sale as long - Marketing gimmick.
  • September 09 2012
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