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WRIST
amended the business rule over a year ago to allow the listing
agent or office to extend expired listings for thirty days. This
will allow the agent or office to change the status back to
active, sold, pending or contingent for up to thirty days after
a listing expires. This will be most helpful when the seller
signs an extension or a closing takes place after the listing
has expired.
Because of liability concerns, the WRIST staff will no longer be
able to extend expired listings. WRIST will continue to assist
agents and offices on those listings that close after 30 days of
expiration. |