Active, Withdrawn, Expired, Sold, Contingent-KO, Contingent-Due Diligence, Contingent-Other, Pending, and Pending Lender Approval. What does all of this mean and what should it mean to you?
First of all these are various ways of describing the “Current Status” of a listing. Unfortunately, there is often a delay between the change in a property’s listing status and when it is actually publicized. Let me explain.
Phase One-An Active Listing Status
Phase One occurs when the listing is taken by the broker. The listing is then entered into our local MLS’s, and will then appear as an Active Listing in other sites that receive their feeds from the local multiple listing services.
Phase Two-Under Contract Status… BUT!!!!
Hopefully while active,