3/18/2016 What Is a Withdrawn Listing? The Home Isn't Sold, the Sellers Just Changed Their MindRead NowReal Estate ListingsWhat is a withdrawn listing? 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decide they no longer want to sell their home, so they ask their real estate agent to "withdraw" the listing so it's no longer active on the multiple listing service on websites such as CRMLS. 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 "A withdrawn listing happens when a seller changes their mind," says Aaron Hendon, a Realtor® with Christine & Company in Seattle.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 What is a withdrawn listing? 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 Reasons a real estate listing is withdrawn
In other words, a withdrawn listing doesn't mean it's off the market for good. There's a chance it could be relisted, so you should keep your eye on it if it checks every box on your list. Whom to contact if you're interested in a withdrawn listing If a listing is withdrawn, the contract between the sellers and their listing agent remains in effect. This means that if you see a withdrawn listing you're interested in, you should "contact the listing agent, and not the seller," says Hendon. It's important to note that a withdrawn listing is not the same as a cancelled listing—the latter terminates the contract between the sellers and the listing agent Real Estate Virtual Assistant
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