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Here is tip I learned many years ago: as soon as the listing has been input into MLS send copy to the seller for their review. I want them to review not only the MLS details but the photos. If something does not meet their approval I want to correct quickly.
Paul S. Henderson, REALTOR®, Broker, Tacoma Washington
Tony and Suzanne Marri...
San Jose, CA
It usually gets picked up very quickly!
Cape Coral, FL
Once in a while.
I would not want to tell a client that I was in that big of a hurry, that I didn't even double check the PRICE.
Cocoa Beach, FL
It doesn't happen often, but when I do, I email the listing agent. They quickly correct the error!
San Jose, CA
I see this kind of mistake occasionally.
I've not seen it....but if I had, I would have said it was a listing agent who was not paying attention and should be dismissed from listing that property...
Not very often...and the listing agents are quick to correct it when they are notified so a client may never see it.
Anthony Acosta - ALLAT...
I see them occasionally but usually they get correctly quickly, and I have had a couple of calls. The bigger issue are homes where the sales price is off by several digits, which throws off the statistics!
It is rare but it does happen. Sometimes it is the other way like $1,350. What a deal.
Not very often but I do see mistakes. I do not explain it to my clients. It's not for me to explain.
I don't see this very often and so far I haven't made this error.
Not being a machine I will admit to making mistakes. Your numbers were reminiscent of a $1,700,000 property entered as $17,000,000. It slipped past my scrutiny and was immediately corrected via a phone call from the owner. They laughed about my exuberance and wishful thinking.
Cocoa Beach, FL
I make mistakes often. I haven't done this one yet but it haunts me to think that a major mistake has been made.
Very seldom but it happens
I have not in a few years. I just told my client the truth and there was no issue as it was fixed right away.
Agent is human and enters the information manually. Sometimes they don't catch their mistakes.
Not very often but have come across one. The sold price was listed with an extra zero and really messed the comps. I called the listing agent and told her of the mistake. She corrected that a week later.
It happens often enough. I tell them it's a typo.
Rarely, but it does happen.
I have seen few. Then, Huge Price Reduction. Just call seller and say a big sorry
Paul S. Henderson, REALTOR®, Broker, Tacoma Washington I've seen this a couple of times throughout the years.
Not very often.
Every now and then. When it was blatant, I've called agents to let them know. They really should check right after posting.
Quite often but usually it shows up in the listing history. Mistakes do happen
Most often when a listing is first entered but then corrected, little do they know that wrong price stays in the initial listing slot for life. Check, proof read and check again before hitting enter
Mary Yonkers nailed this one!
A few times. In fact last week I saw one that should have sold for 165,000 reported as 1,650,000
Not often. Cannot remember the last time I noticed it!
saw $1,3500,000 in a contract the other day and called it to the guys attention
The other person has big fingers.
Not often but I did catch a photo of waterfront house the other day that was not even close to the actual hosue for sale and reported it!
Rare, but it's usually correctly quickly. Most people should know it's a typo.
It does happen.
However, if a buyer client needs to have it explained, that is a red flag they are not thinking with a clear mind.
If this is a homeowner who hired me to help sell their house I thank them for catching the mistake when they REVIEWED the MLS data before I clicked PUBLISH>
The most frequent price mistake I've seen is when the original list price is changed instead of current one making the price appear to be going up.... I explain to my clients that they made the right choice in hiring me as our admin staff honestly doesn't make mistakes like that. ;)
Proof reading is a lost art ?
Paul S. Henderson, REALTOR®, Broker, Tacoma Washington - now that is total carelessness!
And I would take the listing away from that agent for such mistake!
More often than I'd like( and more often a house that 350k comes as a 3.5mil). Clients usually understand quite well that it is a mistake.
I've never seen one that bad!
It's not daily but ona regular basis I would say. I don't explain becasue normally it gets corrected quickly.
I saw one on a listing on AR last night, almost sent a note to the blogger but figured that most would figure it out and not make offers based on the wrong price.
I turn them to MLS compliance. 4200 acres not sf, Our areas it is in $K to avoid some missing or extra zeros. Some agents still post as $650,000K Photos rotated can break ones neck if occurring too frequent.
Their 900 hour training does not cover sloppy work.....