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In real estate, when does the realtor use the sale pending s

 
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glenn2405



Joined: 18 Dec 2004
Posts: 6
PostPosted: Fri May 07, 2004 5:50 pm    Post subject: In real estate, when does the realtor use the sale pending s Reply with quote
We signed official paperwork on Feb 14th. There has not been a sale pending sign put up yet and the property is still listed on the local TV real estate classifieds.
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tyty



Joined: 13 Sep 2006
Posts: 5
PostPosted: Fri May 14, 2004 1:43 pm    Post subject: In real estate, when does the realtor use the sale pending s Reply with quote
The realto uses the sale pending sign once there hasbeen an offer and the offer has been accepted, it will be changed to a sold sign once the deal closes and financing is secured.Good Luck.Palmer
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godged4121



Joined: 01 Jul 2006
Posts: 8
PostPosted: Fri May 21, 2004 9:35 am    Post subject: In real estate, when does the realtor use the sale pending s Reply with quote
The sale pending sign is used between the acceptance of the offer and closing. Don't worry about the property still being listed, they want to drum up interest and get people to call even if the property is no longer available.
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cynical



Joined: 29 May 2003
Posts: 6
PostPosted: Fri May 28, 2004 5:27 am    Post subject: In real estate, when does the realtor use the sale pending s Reply with quote
Some agencies wait until financial committment from the buyer's lender. It sometimes takes time to "pull" an ad.
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fattoinnapoli



Joined: 07 Oct 2004
Posts: 4
PostPosted: Fri Jun 04, 2004 1:20 am    Post subject: In real estate, when does the realtor use the sale pending s Reply with quote
It varies by state and as a result of local laws. In some areas of NJ (possibly the whole state), for example, a sale pending sign is not permitted on lawn signs at all. Once a contract has been accepted, reviewed by attorneys, and finalized, an "under contract" sign can be placed on the property. When the home sells, the signs are usually then removed.
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TJTB



Joined: 25 Apr 2005
Posts: 3
PostPosted: Thu Jun 10, 2004 9:12 pm    Post subject: In real estate, when does the realtor use the sale pending s Reply with quote
It is preferred to keep the property expose to the market, just in case the deal does not close.
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