That isn't untrue regarding local agents, banks etc having up to date info
Pending sales are updated as soon as it's A/O
It's usually problematic because people suck at searching for comps. And agents are no better at it than anyone else
Pending sales are updated as soon as it's A/O
It's usually problematic because people suck at searching for comps. And agents are no better at it than anyone else
The status is updated, but is the purchase price entered when a purchase agreement is signed? AFAIK, the purchase price is eventually entered, but there's a lag.
Knowing that an offer was accepted and how fast it was accepted is useful, but what you really want to know is "for how much."
Even if you make an offer and it is rejected or another offer is accepted you and your agent have no idea how far off you were.