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Rightmove 14-week relisting rule.
kinger101
Posts: 6,627 Forumite
As a bit of background, was selling a property and buyers pulled out (without telling agent or solicitor - just decided to stop all communication). Reason (or lack thereof) not important to this thread. Anyway, property now relisted.
The issue I have is that a large number of people looking for a property set up e-mail alerts on Rightmove, and they have introduced a rule whereby properties have to be delisted for 14 weeks before they'll be treated as new listings (and appear in auto-alerts). Therefore, buyers using this service will not be notified that mine is on the market.
Apparently, the rule was bought in to stop a handful of agents deliberately manipulating listings that hadn't really gone SSTC to get them to the top of search lists and onto alerts. However, it does catch out a lot of people who need to relist for genuine reasons.
Being as about a third of sales are supposed to collapse for one reason or another, it just strikes me that potential buyers (myself included soon hopefully) will miss out on knowing about a lot of properties if they rely solely on autoalerts.
It's rather annoying they couldn't come up with a better solution. Like for example showing both the original listing, SSTC and relisting date (and reason).
The issue I have is that a large number of people looking for a property set up e-mail alerts on Rightmove, and they have introduced a rule whereby properties have to be delisted for 14 weeks before they'll be treated as new listings (and appear in auto-alerts). Therefore, buyers using this service will not be notified that mine is on the market.
Apparently, the rule was bought in to stop a handful of agents deliberately manipulating listings that hadn't really gone SSTC to get them to the top of search lists and onto alerts. However, it does catch out a lot of people who need to relist for genuine reasons.
Being as about a third of sales are supposed to collapse for one reason or another, it just strikes me that potential buyers (myself included soon hopefully) will miss out on knowing about a lot of properties if they rely solely on autoalerts.
It's rather annoying they couldn't come up with a better solution. Like for example showing both the original listing, SSTC and relisting date (and reason).
"Real knowledge is to know the extent of one's ignorance" - Confucius
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