Generally, after an application of Bifen IT it should take anywhere between 30 min - 1 hour to dry. After the treated area has completely dried it is safe for the pets to re-enter.
There is no waiting period to apply Bifen IT after aeration or seeding.
Bifen IT has not been shown to be very effective at controlling Raspberry Crazy Ants. Termidor SC used outdoors and Phantom used indoors have been the most effective products to control crazy Raspberry Ants. Ant baits and synthetic pyrethroid insecticides do not seem to do an effective job controlling this ant species. Texas A&M University has done extensive research regarding these ants and you can find detailed articles on their extension website.