Relist a home after 6 months?

Question

My house has been on the market for almost 6 months now, and not a single offer, I want to take it off the market after the listing contract expired and re-list with a new realtor, My question is how long do I need to wait in between to list with a new agent? Can I list it with new agent to put my house back on the market in just 2-3 weeks. And when my house is back on the market, will it show as a new listing on the market or will it still show as old listing on the market with a new realtor?

Answer 1

You can re-list the day after your previous listing expires.. you don't have to wait any length of time.

It will appear as a NEW listing with the new company but most MLS systems will allow us to see the previous listing information as well. Other sites like Realtor.com and the compaines personal page will not refelect the previous listing

Best of luck, let me know if you need a refferal to a good listing agent in your area!!

Answer 2

You can list your home with a new agent the day after the old listing expires. The new listing will show as new but if an agent looks into the property's history they will see the old listing.

Generally, price is the issue when a home doesn't sell, so ask any agent you interview to provide you with a CMA (competitive market analysis) on comparable homes in your area which have sold, what's currently listed, and which homes didn't sell. An agent will provide you this information for free.

You may want an agent to take you out to currently listed homes so you can see the competition.

Ask the agent for a marketing plan for your property, this should include timeframes for when different activities will occur. Some marketing options are placing the yard sign, newspaper ads, mailings to your neighbors announcing your property is for sale, open house, broker's preview, perhaps listing your home on www.craigslist.com, etc.

Answer 3

Generally speaking, it should appear as a new listing, since the previous listing expired. The only note of caution here is concerning a potential buyer who MAY have viewed the property with the previous listing agent. Depending on your first listing agreement, the first agent may have rights to claim a commission on such a sale. Please review your initial listing agreement to see how such a situation is handled. If it is not covered under one listing or another, you potentially could face a double commission. Ask the new listing agent about such formalities in your area.