Pending Listing dropped off MLS

[Jay Levy]

I'm under contract to purchase a property in Rhode Island. We plan on closing next week, though I'm a bit hesitant the buyer wants out of the deal. It appears the listing has dropped off the MLS. It was on the listing sites as pending up until a few days ago. Any ideas on why the broker would have removed the listing prior to close?

[Anthony Thompson]

Jay, I can't think of a good reason for that, no. If you're using a buyer's agent you could have your agent inquire about the change, or if not I guess you could just ask the listing agent / broker about it. I don't think there's any harm in asking.

Do a search on the address first though to see if it re-appeared under a different MLS #; it's unlikely but remotely possible it was removed due to an error in the listing and re-entered as correct.

If you're talking about commercial property, it's also possible that they pulled it from the regular MLS and entered it into the RI Commercial Information Exchange (RICIE). It's a relatively new creation and the policy starting a few months ago is that any property that doesn't have a residential component must be listed in RICIE only - pure-commercial listings are no longer allowed in the regular RI MLS.

I hope that helps, and if you do get an answer please follow up here to let us know what the solution to the mystery was.