Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago on . Most recent reply
A property on MLS for more then 2 months,does it raise a red flag?
Hi folks!
I'm looking on a SFH for fix/flip. I'm hesitating on it as I see that it's been on the MLS for a few months.
this question is ringing in my head for the longest time...If a property has been on the market for a while ( 2-4 months) and it's not moving, does this mean that something is fishy with the property and I should stay away? Or if the numbers are right, it doesn't matter how long it's been on the market it's good.
Any thoughts/answers I would appreciate.
Chesky
Most Popular Reply
James Wise
#4 All Forums Contributor
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
- 19,650
- Votes |
- 28,570
- Posts
James Wise#4 All Forums Contributor
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
2 months is not that long.
It also could have been listed originally for a higher price.