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Updated over 7 years ago,
Real Estate Listing and 90 days rule of DOMP
Hi all,
I was about to post my first listing on MRIS and got this message: "The listing has not been off the market (Expired or Withdrawn status) long enough (90 consecutive days) to reset the DOMP." Does this apply to Expired or Withdrawn status only or to Sold status as well? This listing was in sold status - my seller client then buyer bought this property. I called MRIS and the rep told me that the rule applied to Expired, Withdrawn, AND Sold. But I've found listings listed within 90 days after the status change date and the DOMP was reset. So I'm a little confused now. Anybody has any experience on this?
Many thanks!