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Updated over 6 years ago on . Most recent reply

User Stats

91
Posts
23
Votes
Gaurav Mehta
  • New to Real Estate
  • San Jose, CA
23
Votes |
91
Posts

Are some properties listed on MLS just for compliance

Gaurav Mehta
  • New to Real Estate
  • San Jose, CA
Posted

This has happened twice to me now. Property is listed on MLS. Ask realtor to arrange showing. They try to reach the listing agent, who doesn't respond or responds slowly. Then suddenly on day 5 listing agent says the property is sold.

Is the property already sold and is put on MLS just for some sort of compliance? Just baffled with this since it has happened twice. Generally properties have open house and an offer date.

The 2 properties had no open house and listing agent says they are taking offers as they come.

Am I missing something?

Most Popular Reply

User Stats

64
Posts
39
Votes
Daniel Zapata
  • Rental Property Investor
  • Bay Area, CA
39
Votes |
64
Posts
Daniel Zapata
  • Rental Property Investor
  • Bay Area, CA
Replied

If you're talking about bay area properties, it's very likely they just go that quickly.

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