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What is an Extended Listing Period?

April 26, 2017extended listing period

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What is an Extended Listing Period?

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· Properties that are insurable (I) or insurable with escrow (IE) that were not sold in the Exclusive Listing Period are open to ALL bidders in the Extended Listing Period, starting on the 31st day. All bids received on the same day are treated as having been received simultaneously and are opened daily at the end of each business day. · Properties that are uninsured (UI) that were not sold in the Exclusive Listing Period are open to ALL bidders in the Extended Listing Period, starting on the 6th day. All bids received on the same day are treated as having been received simultaneously.