What does active mean on real estate?

What does active mean on real estate?

Active. This means that a property is currently on the market and available for sale. It may have received offers, but none have yet been accepted, which means that the opportunity is wide open for you to make a proposal.

What does active mean on a Zillow listing?

ACTIVE for properties that are offered for sale and have no accepted contract on them.

What is an active sale?

Active sales means actively approaching individual customers by, for instance direct mail, including the sending of unsolicited e-mails, or visits; or actively approaching a specific customer group or customers in a specific territory through advertisement in media, on the internet or other promotions specifically

Whats the difference between active and active option?

What’s the difference between active contingent and active option contract? These two terms are on the same side of the coin. The difference between them is essentially timing. In an Active Contingent Contract, the buyer has already looked at the house and submitted an offer.

How do you become active in real estate?

ACTIVE for properties that are offered for sale and have no accepted contract on them.

What do you mean by active listings?

Active listings on the MLS must have a valid listing contract in place with a real estate broker to be considered active. The listing may not be expired or withdrawn, and therefore legally acceptable to present for sale on the multiple listing service.

What does active status on Zillow mean?

Active. This means that a property is currently on the market and available for sale. It may have received offers, but none have yet been accepted, which means that the opportunity is wide open for you to make a proposal.

What does active listing mean?

An active listing is a property that is available for sale for the details that are listing on the MLS by the listing agent. A pending listing is a property that has a contract on it and is moving through the financial process towards a closed sale.

Whats the difference between for sale and active?

Most of the properties listed in the multiple listing service (MLS), the database where real estate agents list homes for sale, will have an active status. That’s because an active status means that the home is currently available for sale

Whats the difference between pending and active?

Active Under Contract vs Pending When 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.

What does active sale mean in real estate?

When we talk about the status active as it relates to real estate, what it really means is that a listing has been posted on a local or regional MLS (Multiple Listing Service) and is officially up for sale.

What does active contract mean?

Active Under Contract vs Pending When 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.

What is active option contract?

An active option contract means the seller has accepted an offer on their home and the property is now in the option period. During this time, the buyer has the unrestricted right to terminate the contract for any reason without risking their earnest money deposit.

What is the difference between active and active under contract?

A property’s status is set to Active when posted to a Multiple Listing Service (MLS) and then subsequently updated to Active Under Contract when an offer is accepted until the deal closes or is cancelled. After closing, the status changes to Sold.

What is the difference between active option and pending?

A property goes from Active to Option Pending to Pending to Sold. The difference between option pending and pending is that the buyer has purchased a period of time called option period for them to do inspections and due diligence. During this option period, they can terminate the contract for any reason.

Can you make an offer on a house that is active contingent?

Can you put an offer on a house that is contingent? Most contingent listings will allow other buyers to place offers on the home. This is because contingent deals are still technically active listings and can fall out of the contract if the buyer does not meet the requested provisions.

What does active in real estate mean?

Active. This means that a property is currently on the market and available for sale. It may have received offers, but none have yet been accepted, which means that the opportunity is wide open for you to make a proposal.

What is an active buyer in real estate?

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.

What does pending to active mean?

Active Under Contract vs Pending When 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.

What is an active listing in real estate?

Active. This means that a property is currently on the market and available for sale. It may have received offers, but none have yet been accepted, which means that the opportunity is wide open for you to make a proposal.

What does an active listing mean on Zillow?

Active Under Contract vs Pending When 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.

What does it mean when Zillow says active?

ACTIVE for properties that are offered for sale and have no accepted contract on them.

What does active status on a house mean?

available

What does it mean status active?

The status ACTIVE means that the property it is CURRENTLY ON THE MARKET.

What is active listing?

An active listing is a property that is available for sale for the details that are listing on the MLS by the listing agent. A pending listing is a property that has a contract on it and is moving through the financial process towards a closed sale.

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