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New rule on relisting houses on Rightmove - how stupid is that? any way around it?

52 replies

CatAndHisKit · 12/09/2020 00:35

So just read an article saying that if your sale has fallen through (say, buyer withdrew) you can't relist the house on rightmove as a fresh listing before 3.5 MONTHS! They say it's not 'fair' to make them look as new listings, but FGS for the buyers who look it doesn;t matter whether it's new or relisted (and they can still look up how long has it been on / ask the agent), both for new buyers looking and those who looked for a while and saw that house anyway.
I had a buyer pulling out after 2.5months and we wanted to relist and alter the price - surely at least it shuold be allowed with price alteration!
I asked the agent why is it not on afetr couple of days, they didn't seem to know - is it a very new rule and even agents don't knowyet?
I desperately need for the house to be showing as I know people who aer seriously looking, look daily and put '24hrs' in search. So potentially no one will see my house unless they aer a brand new would-be buyer...What a mess!

OP posts:
purpletrees16 · 13/09/2020 10:28

I’ve found that in from May 2020 (having changed areas of search due to change of circumstances due to re-evaluation) that the agents in my new area are pretty crap at chasing me as a buyer. The emails I get are for properties quite a bit outside my search area (Perhaps that are harder to sell) but I see agent’s listed stuff within my search area on rightmove. There’s also one that takes around 3 chasing calls to get a viewing as the first few calls always go to a receptionist who can’t book you in and they don’t call back. I think it’s because we’ve looking Since May but that’s because we backed out of a house due to survey raising ongoing subsidence that we don’t have the time or skill set or cash to deal with and we tell the agents this. We have a DIP for that house for the budget we’re in and We’re FTB and our deposit % is high enough to not worry any seller whose house isn’t having ongoing structural issues.

Oliversmumsarmy · 13/09/2020 12:46

The reason why the rule exists is that otherwise agents would mark an unsold property sitting on the back of the list as SSTC in order to be able to relist and get back on front page and everyone’s alert

But if you are looking at cheapest to highest or highest to lowest then they don’t get on the front page unless it is the cheapest or highest and then it wouldn’t matter if an agent had made up that the place had sold and then relisted it.

If something did get a buyer and it fell through then people who have a wider search area are never going to see it coming back to the market.

So people who might not have been in a position to buy at the time it was “sold” are going to miss if it suddenly comes back on the market.

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