Real Estate Re-listing

Real Estate Re-listing

Real Estate Re-Listing

With the housing market in a slump, some real estate agents have come up with a clever, if troubling, tactic to sell homes. "Nightline" sits down with a real estate agent who "re-lists" homes that have been on the market for over 70 days and haven't sold. Unknowing agents and buyers think the houses were just put on the market, unaware of the original price, or how long the home has actually sat on the market. Read more here. Some home sellers argue that "re-listing" is the only way to cope during this tough financial period, but some buyers feel deceived.
Ref. ABCNightline