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All of mine are 6 months, we usually get them under contract within the first 30 days and our average contract to close is 75 days or less so that almost always keeps us within the 6 month period. Many of our normal listings only are 90 day listings by our choice.
If we do happen to get it under contract and take more than 6 months, rarely do we get pushback about extending the listing
I do 7 months on my short sale listings and always end them on the last calendar day of the final month. I always end last day of the month on all my listings - makes it easier not to miss any and risk them getting canvassed. I have only gone over 7 months a few times and not had an issue renewing the listing - key is to keep the seller updated so they feel you are still working it!
I get one year agreements on all short sales. I've not had any clients not be agreeable.
Short Sale or not for the most part 6 months. On short sales, if "certain" lenders are involved, minimum of 1 year. Also, it depends on the property. If the area is oversaturated and a difficult to sell, then no less than 1 year. I have a couple of listings that are 2+ years - but that's only because of the high-end market and typical selling time is 500+ days.
I do 7 months on my short sale listings and always end them on the last calendar day of the final month. I always end last day of the month on all my listings - makes it easier not to miss any and risk them getting canvassed. I have only gone over 7 months a few times and not had an issue renewing the listing - key is to keep the seller updated so they feel you are still working it!
All of mine are for 1 year. AND I also add to the listing agreement the following:
I have the permission of the seller to adjust the price to stay current with market value and to extend the listing if needed.
I do this because so many of my listings are investment/vacant and the seller does not respond on a tmely basis.
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