Comments on: A Tale of Two Markets http://blog.wethmangroup.com/2007/05/15/a-tale-of-two-markets/ Thoughts, Opinions, and Rants and Raves about the DC Area Real Estate Market Thu, 20 Jan 2011 14:24:48 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Katie Wethmanhttp://blog.wethmangroup.com/2007/05/15/a-tale-of-two-markets/comment-page-1/#comment-4 Katie Wethman Wed, 08 Aug 2007 21:36:00 +0000 http://blog.wethmangroup.com/?p=24#comment-4 Good point, Frank. I used to see this a lot last year, and early this year. I haven't seen it nearly as much since MRIS announced back in March 2007 that they were imposing hefty fines for agents who do this.<br/><br/>(See http://www.mris.com/compliance/Compliance%20Documents/Days_on_Market.pdf)<br/><br/>It's nice to see that MRIS started to take it seriously (at least on paper), imposing fines of $1000 and up--and even suspension of MLS access--for habitual offenders. I haven't heard anything yet on whether they've actually caught anyone though. I know I wouldn't hesitate to point it out to them if I come across a listing where that appears to have happened. Good point, Frank. I used to see this a lot last year, and early this year. I haven’t seen it nearly as much since MRIS announced back in March 2007 that they were imposing hefty fines for agents who do this.

(See http://www.mris.com/compliance/Compliance%20Documents/Days_on_Market.pdf)

It’s nice to see that MRIS started to take it seriously (at least on paper), imposing fines of $1000 and up–and even suspension of MLS access–for habitual offenders. I haven’t heard anything yet on whether they’ve actually caught anyone though. I know I wouldn’t hesitate to point it out to them if I come across a listing where that appears to have happened.

]]> By: Frank Llosahttp://blog.wethmangroup.com/2007/05/15/a-tale-of-two-markets/comment-page-1/#comment-3 Frank Llosa Wed, 08 Aug 2007 21:29:00 +0000 http://blog.wethmangroup.com/?p=24#comment-3 What are your thoughts on agents that pull listings off the MLS, just to relist them and reset the DOM? Does that effect these graphs? What are your thoughts on agents that pull listings off the MLS, just to relist them and reset the DOM? Does that effect these graphs?

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