After your home is listed, the seller’s Realtor inputs the information into the local Multiple (MLS) Board.  Homes in Los Angeles County are then automatically downloaded into Realtor.com and a variety of other local web sites.  But the data, first input into the MLS circulates from that point.  The listings agent’s remarks and photos carry over; bad photos and poor marketing remarks are now all over the Internet.

As I was checking the Multiple Listing Service (MLS) this morning, I noticed this listing had expired after five months on the market.  Always curious as to which homes are not selling and why, I “clicked" on the MLS remarks which read: “Run, don't walk! Check the comps - blow out price!!! 2 lots in Glendale Rancho with stable, tack room, and utility room!! New master suite with spa tub, 2 new bathrooms, big formal dining room, cute breakfast room, pergo flooring, formal entryway!"

Other than the “pergo” flooring, it sounds kind of exciting, but wait a minute, it would sound exciting - maybe the first week or two of the listing, but after months on the market - 2 months, 3, 4 and 5 months "Run, don't walk" begins to sound like a con job! “Run, don't walk! Check the comps - blow out price!!!” Obviously if it was such a good buy it would have sold in the first couple of weeks or certainly first month.