Posted by
Jannice Gomez

Need a List of Status Meanings

Good Morning, I've been using your App for about a month and I don't quite understand what the different status mean. For example, I may receive an alert on a property that says Under Contract, then Under Contract Pending. What is the difference? Can you please send me a list of statuses and their meanings, so I can have a better understanding of your App? Thank you!

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Need a List of Status Meanings

By Jannice Gomez   
Posted on Apr 06, 2017 in Topic: General
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Good Morning, I've been using your App for about a month and I don't quite understand what the different status mean. For example, I may receive an alert on a property that says Under Contract, then Under Contract Pending. What is the difference? Can you please send me a list of statuses and their meanings, so I can have a better understanding of your App? Thank you!
Status: Open
Viewed: 195
Asked by: Consumer
Posted: 3 weeks ago
Topic: General
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Bronze
Shareece Dumont
about 3 weeks ago
Hello Janice. A listing begins in ACTIVE status. Once the property is under contract, it typically goes into OPTION PENDING (OP) status, meaning the buyer has an option period, or agreed upon days to investigate the home, have inspections performed, etc. Option periods vary by contract and are agreed upon between the buyer and seller. Once the option period has passed, the contract progresses into PENDING (P) status until it closes, at which time the status progresses to CLOSED (CLSD) status. Please feel free to call me. I am happy to answer any additional questions and further clarify the status definitions and the process.


about 3 weeks ago
Bronze
Dominik Szabo
about 2 weeks ago
Dear Jannice,
Here is the brief summary of all of the statuses of Homes on the HAR MLS:
-Off Market - Currently the Property is not listed on the MLS
-A-Active - The Home in on the Market and listed with a Broker on the MLS
-OP-Option Pending - The home seller has accepted a Contract and the home is under the option period (where the buyer may still cancel the contract)
-P-Pending - The home seller has accepted a Contract and currently the financing for the home is being arranged
-S-Sold - The home seller has successfully completed the transaction with the buyer
-X-Expired - The home was previously on the market and did not sell,
-W-Withdrawn-The home seller has decided to remove the home from the MLS

Let me know if you have any questions, or there is anything I can help with,
Kind Regards,

DOMINIK SZABO
UTR - TEXAS REALTORS
(832) 844 1724
Residential
Commercial
dominikrealtor.com
sold@dominikrealtor.com

** Professional, Courteous, and Informed**


Source:


http://dominikrealtor.com/2017/04/12/summary-of-statuses-on-the-har-mls-houston-texas/

about 2 weeks ago
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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