There are many reasons, why properties are taken off the market and one of the main reasons, is that the asking price was way too high from the start.

You will notice that when properties have been taken off the market, more often than not, the median price is higher than that, of comparable sales.

Here are some other reasons why listings may be cancelled:

• Overpriced –resulting in too many low ball offers
• Too long on the market- sellers will take it off and then re-list as a “new listing”
• Vendors change the agent- they may not have been happy with the agent etc
• Remorseful seller- seller may change their mind about selling, for whatever reason
• Maintenance Request by a potential buyer- if a seller does not want to comply with these requests, they may take the property off the market

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