A, s (Active, Sale of Another Property)The listing is still on the market and open for other offers. Depending on what's written in the offer, the first buyers will have a short time during which to make good on their offer, if they can.
What is the difference between contingent and active?
Active – The home is for sale, listed on the Multiple Listing Service (MLS). Contingent – The seller has accepted a conditional offer and the contingency or contingencies have not yet been removed. Pending – The home sale is moving toward finalization.
What is the difference between pending and active?
Active Under Contract vs PendingWhen a property is listed as “active under a contract,” there are conditions/contingencies that must be met before the deal can close. However, when a property is listed as “pending,” all the contingencies have been met and the deal is on the road to being finalized.
Why does 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.
Does active contingent mean sold?
When a property is listed as 'active contingent', it means the seller has accepted an offer on the home but the contingencies – such as an inspection or financing – have not yet been met.
What does active R mean on MLS?
Active – First Right:This buyer has an opportunity to match any subsequent offers. As mentioned above, “active – first right” may also indicate that the buyer must sell their current property before purchasing the home in question.