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What is the wait time before relisting a home in Arizona?

Had Home listed for six months and canceled the listing. Now I want to relist it as a new listing. How long must I wait in the state of Arizona?

Asked by Michael price | Surprise, AZ| 01-09-2024| 1,655 views|Selling|Updated 2 years ago

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Zoltan PeresztegiReal Estate Agent2 months ago

There is no Arizona state law on this at all, which is the first thing worth clearing up. No statute makes you wait to relist. What you are actually asking about is an MLS rule, and in ARMLS the number is 45 days, not 90. Specifically: your listing has to sit in a Cancelled or Expired status for more than 45 consecutive days. If you relist as a new listing on or after the 46th day, both ADOM and CDOM reset to zero. I mention this because a longer figure gets repeated a lot and it would cost you a month and a half of waiting for no reason. Three details that trip people up, and they matter more than the headline number: Coming Soon status does not count toward the 45 days. Neither does Temporarily Off Market. Only Cancelled or Expired time counts. Sellers park a listing in TOM thinking the clock is running, then find out at day 46 that it never started. If your original listing agent relists it in fewer than 45 days, both ADOM and CDOM carry straight over. Nothing resets. If a different agent relists it in fewer than 45 days and there has been no change of possession, ADOM resets to zero but CDOM carries over. So switching agents resets one clock and not the other, and CDOM is the one most buyer agents actually look at. Now the part worth saying plainly, since you had it listed for six months. Resetting days on market changes the number, not the house. Agents in your area saw that listing for six months, and many of them remember it. The reset buys you a fresh look from buyers browsing portals, which is real but limited, and it is worth very little if nothing else changes. So use the 45 days as working time rather than waiting time. Ask your agent for every piece of showing feedback from those six months and look for the repeated objection. Then decide what actually changes before it goes back on: price, condition, photos, or all three. Coming back at the same price with the same photos and a clean day count is the most common version of this, and it usually produces the same result. MLS rules do get revised, so confirm the current ARMLS policy with your agent before you count days on it. That is a one minute check and worth doing. I am Zoltan Peresztegi, a real estate professional working Los Angeles and the South Bay in California, so Surprise is not my market and I work under a different MLS. Happy to help you find a strong West Valley agent for a fresh read on why it did not sell the first time. Zoltan

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Keith Jean PierreReal Estate Agent5 months ago

Michael, you can relist the next day, there is no rule to this. If you are referring to the resync on the real estate websites so that you show up as a "new" listing, that is typically 60-90 days. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

James SansonReal Estate Agent7 months ago
Novice4 Answers

This is an interesting question. There is no wait time. You can relist your home instantly based on your contract's expiration and cancellation terms. If you are talking about resetting days on market, that depends on the MLS you are in as Arizona has several different MLSs. Have you ever wondered why they even have days on market? I have. The listing is the seller's. Do days on market benefit the seller? It is not like food expiring. Does it tell you if it is overpriced? I would say it could, but I have relisted homes for the same price and sold them instantly. I am clearly not a fan of days on market as a variable with a positive impact for a seller or, honestly, a buyer. I think it could be harmful to a seller. If you are talking about how soon you can list a home after buying it, as in reselling it? Instantly currently. This comes with some anti-flipping rules for FHA. For the FHA anti-flipping, the lender would talk them through this process.

Robbie HolycrossReal Estate Agent1 year ago
Rising Star14 Answers

If you want your home to appear as a brand-new listing and reset the Days on Market (DOM) in Arizona, you’ll need to wait 45 consecutive days after canceling or withdrawing it from the MLS. Once that 45-day period has passed, you can relist the property and it will show up as a new listing with zero days on market, giving it a fresh start in the eyes of buyers.

Renee HollingsworthReal Estate Agent2 years ago
Novice2 Answers

Yes, the ARMLS rules suggest that relisting a home as a "new listing" requires the property to be off the market for at least 30 days before it is considered "new" again in the MLS system. This aligns with your plan to cancel and relist

Christina SiwekReal Estate Agent2 years ago
Novice4 Answers

https://armls.com/docs/armls-rules-regulations.pdf

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