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Thursday, January 17, 2019
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Status Clarification

 

 

The grid below may be helpful to you as it contains commonly questioned listing activity and status scenarios regarding Active, CCS and Pending statuses:

Activity

Proper Status of Listing

1. New listing taken – property being marketed

Active (ACTV)

Note: On Market listings in the MLS Must be Available for Showings 

2. Signed agreement executed between buyer and seller, with contingency regarding buyer selling his/her own home within X number of days Contingent-Contingent to Show (CCS - Purchase dependent on sale of buyer’s home)
3. Signed agreement executed between buyer and seller Pending (PEND) – within 48 hours of the accepted offer. Once the property closes, the listing should be updated to Sold.
4. Signed agreement executed between buyer and seller, with contingency regarding financing being secured by buyer Pending (PEND) – within 48 hours of the accepted offer. However, in the event financing is not secured by the buyer, the listing should be returned to Active.
5. Signed agreement executed between buyer and seller, with contingency regarding inspection Pending (PEND) – within 48 hours of the accepted offer. However, in the event an inspection is not secured or the sale does not go forward due to inspection issues, the listing should be returned to Active.
6. Signed agreement executed between buyer and seller, with contingency regarding short sale Pending (PEND) – within 48 hours of the accepted offer. However, in the event the short sale is not approved, the listing should be returned to Active.
7. No signed agreement … seller reviewing documents Active (ACTV) – with seller permission, the agent remarks should also be updated to reflect that the seller is reviewing documents.
8. No signed agreement … back-up offers only being accepted Active (ACTV) – with seller permission, the agent remarks should also be updated to reflect that the seller is accepting back-up offers only. When active, the listing must be available for showings.
9. No signed agreement … but seller decides “no more showings, no more offers” (even temporarily) Conditionally Withdrawn (CWTH)
10. Seller with a CWTH property is ready to show the property again or accept offers Active (ACTV) - when active, the listing must be available for showings.
11. Seller with a CWTH property accepts an offer Pending (PEND) – 48 hours of the accepted offer

 

If you have any questions about this information, please contact Realcomp's Customer Care Department at (866) 553-3430. Thank you for your adherence to these newly modified MLS policies.   

  
Last modified: Thursday, June 7, 2018