Editor's note: This brief was summarised by The Property AI Newsroom from a report by This Is Money Mortgages. Read the original article for full details.
Re-listing Properties May Increase Chances of Sale Without Price Cut
A report by This Is Money Mortgages states that taking a home off the market and re-listing it can make it more likely to sell, even if the price is not reduced. The article notes that sellers sometimes re-list their property to avoid it appearing 'stale'.
This finding may be relevant for letting agents and inventory clerks monitoring property market trends and advising clients on sales strategies. The report is based on figures suggesting that re-listing could be an effective tactic for sellers struggling to achieve a sale.
Source: This Is Money Mortgages