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Silver Contributor
ReallyEstate
Posts: 377
Registered: ‎03-05-2011
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Listing agent has property as sold in actor notes but won update MLS

I looked at a property and the listing agent is telling people it's sold, but she's doing this in heno realtor notes only.  She refuses to update MLs.  The property is HUd 206.125.  Is this normal or is here something shady going on? 

Redfin Partner Agent
MattVWjosiep
Posts: 255
Registered: ‎10-28-2008

Re: Listing agent has property as sold in actor notes but won update MLS

Often this is done because the seller has verbally accepted an offer but it isn't signed yet. With many bank owned properties, the bank verbally accepts (and won't look at more offers) but it takes several days to actually get physically signed copies of the contract, so agents update the agent only remarks so other buyers don't waste their time looking at it. 

Matt van Winkle | Attorney | Redfin Partner Agent