Will MLS show any previous offers on the house that didn't go through?

Profile picture for iraj19
I want to know if there is way in MLS to see if there were any offers made on the house that has been on the market for over a year. and reasons why those offers didn't go through?
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October 13 2010 - US
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Answers (10)

Not in Oklahoma.
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October 14 2010
NO.  The obvious reason is to protect the transaction as a whole.
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October 14 2010
There wouldn't be a reason to post publicly that an offer was made and did not come to fruition. The listing agent works on behalf of the seller and is responsible for what is in the best interest of the seller. 

It would be beneficial to you to work with an agent who is entrenched in the community and would know what houses have interest, history of the houses, which have had offers, sellers motivation, etc.  People love to talk about real estate and good local agents have their ears on the pulse of the town.
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October 13 2010
In our MLS we can see if the property was "pending" and then went back on the market and the dates, however like the other answers state, the terms of the offer are not disclosed.  They would have to be received by the listing agent if they have permission to disclose from the seller.
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October 13 2010
Profile picture for Caroline Choi
Unless the listing agent states in the marketing blurb that the home is "back on the market" or something similar, it wouldn't be in the MLS.  What you can do is have your agent call the listing agent and find out what's going on with the property.  That way, you'll know if there were previously offers, if the home was in escrow, etc.  Good luck!
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October 13 2010
Profile picture for Cindy Laton
It seems you may want to know the answer to this question because you are concerned that the home has been on the market for one year and has not sold or had any offers and you are wondering what is wrong with the house.  If that is the case, you may want your buyers agent to research average days on the market for comparable homes.  It would not be surprising to find a home in my market area on MLS for one year with no offers.  Also, even if you could find out what a seller agreed to take six months ago that does not mean he will take the same number today.  Lots of things could have changed since then to affect the number that seller will be happy netting at closing.  If you like the home, have your buyers agent give you some guidance as to an offer and go for it!  Keep in mind, the seller in most states have an obligation to disclose to potential buyers know defects with the home.
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October 13 2010
Profile picture for Agents 4 Home Buyers
Most MLSs will show if an offer was accepted and the property went under ccontract...but will not show if an offer was reviewed by rejected.  Agree that calling the listing agent to ask about prior offers can sometimes be informative.  If the MLS shows that the property went under contract but the contract fell through, you can sometime get some useful information by asking the listing agent why it fell through (loan, inspection issue, etc.)...but you will rarely learn what the price agreed to in the contract was.
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October 13 2010
No, the best way to find out that information is have your buyers agent ask the listing agent with express consent from their seller/client.
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October 13 2010
Profile picture for rjstinson
The listing agent, with seller's authorization, may share details of previous offers. As indicated in other answers, MLS is not permitted to share this proprietary info.z
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October 13 2010
Profile picture for John Squier
That information isn't disclosed in the MN MLS. Your agent can try calling to see if there were ever any offers. He/she may/may not be able to divulge that, however, according to our MLS regulations cannot disclose what the offers were (if any) or why they didn't go through.
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October 13 2010
 

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