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Real Estate: Are we becoming a two-tiered housing market?

Capital Gazette Communications
Published 05/17/09

In the past, why someone was selling their house wasn't something that was readily disclosed. As a listing agent, you were not to reveal a seller's reason for moving without their explicit permission. After all, the seller's motivation can be valuable information for a buyer. If you know that the seller needs to get his place sold in a month, the offering price is likely to be lower than if it's a seller who doesn't really need to move.

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Just recently, the Multiple List System has changed the rules regarding why a house is being sold. When an agent puts a listing into the MLS, some of what they put there is...

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