With a Delayed Listing, the seller wants to take full advantage of the exposure provided by the MLS’s 19,000+ Real Estate Professionals and their clients. The seller recognizes that their property is not going to be ready for market within 48 hours of executing the Listing Agreement, so they work closely with their agent to establish an appropriate Go Active date when the listing will go live on the MLS and marketing may begin. Market Time/Days on Market (DOM) begins on the Go Active date.
With a Withheld listing, the seller has instructed their agent not to submit their property to the MLS. The list agent and their client can implement whatever marketing plan they feel appropriate. If, at some point in the future, the seller wants to submit the property to the MLS, it must be after a minimum of 30 days from the start of the Listing Agreement. Market Time/Days on Market (DOM) begins on the List Date (the date when the Listing Agreement was executed).
Both forms are attached to this article.