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Old 03-25-2008, 09:15 PM
VSB VSB started this thread
 
Location: Raleigh
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On average, once a house has sold, how rapidly:

1. Is it removed from the MLS?

2. Is the transaction added to Wake County's real estate data website?
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Old 03-25-2008, 09:20 PM
 
Location: Cary, NC
40,159 posts, read 69,470,669 times
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Quote:
Originally Posted by VSB View Post
On average, once a house has sold, how rapidly:

1. Is it removed from the MLS?

2. Is the transaction added to Wake County's real estate data website?
1. It is removed from the MLS in 10 years. Really. But I think your question is: How soon is it changed to "Closed" status. Within 2 days of closing.

2. That varies. And the different data entries vary for each transaction. It seems a little ragged to me.
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Old 03-25-2008, 09:24 PM
VSB VSB started this thread
 
Location: Raleigh
167 posts, read 768,647 times
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Quote:
Originally Posted by MikeJaquish View Post
1. But I think your question is: How soon is it changed to "Closed" status. Within 2 days of closing.
Yes, I suppose that is essentially my question. Though as a potential buyer, I'm not aware of any access I have to "closed" listings. The listings just disappear from the search . . .
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Old 03-25-2008, 09:30 PM
 
Location: Cary, NC
40,159 posts, read 69,470,669 times
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Quote:
Originally Posted by VSB View Post
Yes, I suppose that is essentially my question. Though as a potential buyer, I'm not aware of any access I have to "closed" listings. The listings just disappear from the search . . .
Right. You don't really have access unless a Realtor sets the search for you to show you status changes.
So you don't know if they "Expired," were "Withdrawn," or went "Pending."
Can you tell when the Active listings are under contract, but the sub-status says "Accepting Back-up Offers?"
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Old 03-25-2008, 09:47 PM
 
Location: Triangle Area
93 posts, read 278,709 times
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Quote:
Originally Posted by VSB View Post
On average, once a house has sold, how rapidly:

1. Is it removed from the MLS?

2. Is the transaction added to Wake County's real estate data website?
MLS data stays for long time but the status is changed to closed and that data is used to do camperative analysis for the houses in that neighborhood.

The data is added to wake county once the deed is registered and the sold house was in wake county. Now when they update there files are little different and I don't have theexact time frame for that. It si public information and can be found on their website. It should be updtaed within 48 to 72 hours after you finished your paper work at the closing attorney's office.

I hope this was helpful.
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