To recap, Active under contract means that a real estate listing has a potential buyer, but contingencies are in place. This real estate term is used interchangeably with Contingent status. You've still got a chance to buy this home, as up to 10% of homes fall out of contract during the contingency period.
What does it mean when a house is under contract but continue to show?
“Pending continue to show” means that the seller wants to continue to show the house to other buyers in case the current contract falls through. During this time, the seller will still encourage—and even sign onto—backup offers for the property.
What does it mean when Zillow says under contract?
'Under Contract' is probably the most accurate way to describe a pending or 'contingent' sale. It means the same as the other statuses above; a buyer and seller have agreed to terms and have executed a contract. But, the contract has yet to go to closing.
What does pending vs contingent vs active under contract mean?
The difference is that contingent listings still need to meet one or more specific conditions before moving forward. With pending deals, conditions have been met, and both parties are planning to move forward to closing. As a buyer, you may be able to make a backup offer on a listing that's under contract.
Can you make an offer on a house that is active under contract?
Can I make offers on homes that are listed as 'active under contract'? You can. But sellers can't accept your offer if they've already signed a purchase and sales agreement with other buyers, even if your offer is higher. If the sale doesn't reach closing, though, the sellers can consider your offer.
How much does it cost to get a real estate license in Washington state?
What are the Fixed Costs Associated With Getting Your Washington Real Estate License?
| No | Details | Cost |
|---|---|---|
| 1 | Online Course at RealEstateU | $199 |
| 2 | State Exam Fee | $210 |
| 3 | Criminal Record Check Fee | $17 |
| 4 | License Application Fee | $223 |
If we’re being honest, that immediate sales slope is unimpressive https://t.co/HHHcGX5d3r
— Housing Bubble Disrespecter🏡🫧🚫 (@NipseyHoussle) March 13, 2023
How much does it cost to get a Florida real estate license?
Between $399.50 and $699.50
Cost to Become a Licensed Real Estate Agent in FL
In 2023, the total cost of becoming a licensed real estate agent in Florida ranges between $399.50 and $699.50, depending on how much the pre-licensing course costs. If you need to retake the license exam, it's $36.75 per attempt.
Frequently Asked Questions
How fast can I get my real estate license in Washington state?
You can obtain a license in just a few weeks. Or, you can take your time and earn your license over a year. The amount of time it takes to obtain a Washington real estate license depends on the type of pre-license coursework a potential licensee decides to take and their pace to complete the courses.
Does active under contract mean sold?
When a home is listed as active under contract, it means that the sellers have accepted an offer from a buyer. But the deal is still in the early stages and hasn't yet closed.
Why would a house go from pending to active?
A real estate listing might go back to active from pending due to several reasons such as the buyer's financing falling through, inspection issues, or the buyer simply backing out of the deal.
What does it mean when a house is listed for sale and it says under contract?
A property that's under contract is one that the seller has previously accepted an offer on from a buyer. However, until all contingencies on the home are met and ownership transfers to the new homeowner during the closing process, the deal can still fall through.
What does active under contract mean on Redfin?
When a home is active under contract it means that a buyer has made an offer on the home and the seller has accepted, but the sale is not yet final. When the transaction is complete, the status of the home will show that it has sold.
FAQ
- What does it mean if a house is active with contract?
- When a home is listed as active under contract, it means that the sellers have accepted an offer from a buyer. But the deal is still in the early stages and hasn't yet closed.
- How long does it take to get a Texas real estate license?
- Between 2 to 6 months The quick calculation is the number of state-mandated classroom hours + whatever time you need to prepare for the Texas real estate license exam. On average, it can take between 2 to 6 months to complete the required classroom hours, apply for your license, and take the final licensing exams.
- How hard is it to get a real estate license in Texas?
- Is the Texas real estate exam hard? Well, given that on average 58% (24,881 passed / 42,857 taken) pass the licensing exam on the first try, as of July 3, 2023 it's safe to say it's not an easy test. Aceable, however, currently holds one of the highest pass rates in Texas. TREC Provider Exam Pass Rates.
- How much does it cost for a real estate license in Texas?
- Between $1,000 and $1,500 The cost to get a real estate license in Texas is between $1,000 and $1,500 and takes 4-6 months on average. This means you can begin your new career and be just as, if not more, financially successful without debt and with many years to spare.
Active under contract what is meaning in real estate
| How much does it cost to get your real estate license in the US? | The cost of a real estate license in the U.S. ranges from $400-$1000+ depending on your state. There are several costs associated with getting a real estate license. It is a common misunderstanding to assume the only costs are for the certification process, but in reality the process is more layered than that. |
| Is becoming a realtor worth it in Texas? | A commission-based field like real estate directly ties your compensation to the amount of work you take on. For a lot of people, that control is very exciting and motivating. There really is no limit to how much you can make, with enough hard work (and a little bit of luck). |
| What does active under contract mean on a house? | “Active Under Contract” is a real estate term that indicates the status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not yet closed. This term is primarily used in the State of California. |
| What's the difference between active under contract and pending? | Pending status is somewhat similar to ACTIVE UNDER CONTRACT. The main difference the seller is not interested in entertaining any backup offers and the home is no longer available to show. Sometimes we have people ask about properties they are interested in but unfortunately, the home is already 'pending'. |
- In real estate what does active under contract mean?
- Nov 28, 2018 — Bright's Pending status reflects a listing that is no longer accepting showings or being actively marketed. This property is currently under
- Is the Florida real estate exam hard?
- You need to answer 75% or more of the questions correctly to pass the exam. Florida's exam questions are notoriously tough. Most people who struggled to pass the test the first time reported that they hadn't studied hard enough or taken enough practice tests to be ready.
- What does under contract mean on realtor com?
- As you scroll through the real estate listings, you might spot a few that say the house is “under contract.” In most cases, a property is listed as “under contract” once a buyer has made an offer and the seller has accepted. While that's a big step, it doesn't mean the deal is done quite yet.
- What does active under contract mean?
- When a home is listed as active under contract, it means that the sellers have accepted an offer from a buyer. But the deal is still in the early stages and hasn't yet closed.
