Most banks have a MLS listing requirement, so where should I list short sales. Near my purchase price or near my resale price? Do you just take the property out of the MLS and re-list it for a different price or do you wait 60 days to re-list it so you don’t see the MLS history? Thanks in advance. : )
Something to discuss with your realtor and it depends where in the process you are.
Pre-BPO I would list as low as possible to influence the BPO. You have to be prepared for alot of calls and just tell them it is pending.
After BPO and if you are planning to flip, raise the price to flip asking price.
Thanks Eric! That helps a lot!!! Do you have any issues with the lower price showing in the history on the MLS?