What Is a Withdrawn Listing? The Home Isn’t Sold, the Sellers Just Changed Their Mind MABA Massachusetts RealEstate FirstTimeHomeBuyers
It’s when home sellers decide they no longer want to sell their home, so they ask their real estate agent to “withdraw” the listing so it’s no longer active on the multiple listing service on websites such as realtor.com®. Nonetheless, it may still appear when buyers search for homes.
“A withdrawn listing happens when a seller changes their mind,” says Aaron Hendon, a Realtor® with Christine & Company in Seattle. “They said, ‘I want to sell this house, please help me,’ and then usually, shortly later, they say ‘well, maybe not.’”
What a withdrawn listing means
Homeowners may change their mind for any number of reasons, but Michele Lerner, author of “Homebuying: Tough Times, First Time, Any Time,” offers up the following as the most typical reasons for a withdrawal.
Reasons a real estate listing is withdrawn
- The sellers decided, for financial or personal reasons, not to…………………
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