Foreclosure in Pennsauken>Question Details

Segafour, Other/Just Looking in Jersey City, NJ

when looking at the preforclosure listing I noticed it stated a listing date and an end date on this house what does this mean?

Asked by Segafour, Jersey City, NJ Thu Aug 12, 2010

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An end date may refer to the end of the agreement between the real estate brokerage and the seller, or it could refer to the end of the time period the real estate brokerage placed a property on particular web site. Example: A broker may have a 6 month listing agreement with a seller, but that broker may place the property on "abc real estate property site" for 4 weeks, and renew the listing on that site after it expires. The reason for the short term is to increase accurate timely reporting of data for consumers. With each renewal of the posting online, appropriate or needed changes to prices, etc. can be made.
0 votes Thank Flag Link Fri Aug 13, 2010
Deborah Madey, Real Estate Pro in Red Bank, NJ
MVP'08
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The listing date is the date the property is/was listed for sale. The end date is the current expiration date for the contract. Oftentimes, you are seeing only the delinquent amount, not the actual listed price.
0 votes Thank Flag Link Thu Aug 12, 2010
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