Does listing market time accrue if a listing goes under contract while in Private?

Modified on Thu, 18 Aug, 2022 at 11:15 AM

Yes. If a property goes under contract or closes while a Private listing, the listing market time will calculate from the list date to the contract date once the listing is changed to a Standard listing. 

MRED’s Compliance Department monitors one-day market time on closed listings to ensure that proper dates are being used. Listings that close with one day of market time are subject to verification. 

 

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