What do the different statuses mean

Status: Open
Apr 18, 2021 Views2,247 Answer a Question

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Consumer
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General
About 2 years ago
CS - Coming Soon Used when a listing is under a valid listing agreement but not yet ready for showing or display to consumers on HAR.com or other third-party sites (due to repairs, photos, staging, etc.)

A - Active Used for all currently active listings.

OP - Option Pending Listings that are under contract and the seller and buyer have agreed to use the “Termination Option”

PS - Pending continue to Show

P - Pending Used for listings under contact and are no longer available to show

S - Sold Used when a property has funded and closed.

W - Withdrawn Used when a listing is temporarily taken off the market.

T - Terminated

X - Expired Used when the listing agreement between the owner and the listing agent ends, at an agreed upon date in the listing agreement.

PPS - Private per Seller Used when a Seller requests privacy and limited exposure by the MLS with minimal property information displayed.

Abbas Naqvi
Realm Real Estate Professionals
281-235-4582
About 3 years ago
Property listings are placed in categories when the property is in different phases. Mostly each new to the market listing of property information, whether it has been previously listed or sold, will start out as Active, meaning available to schedule a showing on and view and or make an offer that would change the current status. A property would become Option Pending when an offer is presented and accepted. For the buyer an Option Pending status allows flexibility in having an assessment of the property preferably by a inspector licensed by the real estate commission. Option periods are optional and negotiable and the prospective buyer must give consideration for them. If the buyer decides to proceed with the purchase prior to an option period expiring, the property status is then classified as pending. A pending status can mean pending the sale to be complete. There are other status options that can be used such as Pending continue to show, Withdrawn, which means the property has been moved from the market. Expired, means the negotiable list date between the listing agent and the seller have past and the property didn't sell. For any and all property concerns on status feel free to contact me further, I have a list.
About 3 years ago
If you are referring to the different Statutes on the property listings the answer is as follows:

Active - are listings that are available for sale that do not currently have a offer that has been accepted by the seller of the property.

Option Pending - is a for property that is for sell that has received an offer that the seller has accepted but agreed to give the buyer a set number of days to inspect and review the property before being full committed to proceed with the purchase. Option period typically are provided for a fee.

Pending - indicates that the a seller and buyer have entered into a contract agreement on the property but are waiting on the closing date.

Sold - is the status indicating the Buyer and Seller has closed on the property and is no longer available for sale.

Withdrawn, Terminated, and Expired - all refer to property listings that were listed for sale at one time but are no longer available for sale at the present time.

If you need help with a searching for available listing, my contact information is:

Jeneen Poole, Realtor
Vylla Home
832-283-1777
Disclaimer: Answers provided are just opinions and should not be accepted as advice.
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