Today while looking at some real estate listings there was the usual theme of new properties coming up as it seems like inventory isn’t meeting demand in a lot of cases. With that said, a bad property that is priced too high still will not sell it seems. What was funny was I noticed for these properties you often see how long they have been listed for where if it remains for a long time then maybe it’s bad.
So for many of these properties today I noticed they were labelled as a new listing which makes it pop up to more people since it should be new. But from the looks of it the listing agent simply took the listing off and placed it back up so that there won’t be a negative perception of a long-time unsold property label on it.
There is no rules against that to my knowledge, but it makes you think of these little things that people do to try and get a competitive advantage in order to sell their offerings.