You’ll encounter several listing statuses as you’re conducting your property search.
- Active
- New
- Pending
- Sold
- Withdrawn
- Reactivated
- Short Sale/Auction
- Canceled/De-listed
- Expired
Active
The property is actively for sale and accepting offers.
New
An active property that is newly listed—usually within the last week.
Pending
The seller has accepted an offer and is ready to close. It’s possible to submit a backup offer at this time.
Sold
The property has closed and is no longer on the market.
Withdrawn
The seller has withdrawn the property from the MLS, but will probably re-list it in the future.
Reactivated
The property was withdrawn, but is now back on the market.
Short Sale/Auction
When properties are under threat of foreclosure or have been foreclosed on, the owner will either try to do a short sale for less than its market value or the bank will auction the home. The listing price will be either the starting bid or the reserve price (minimum price they will take). (Learn more about short sales and auctions in the What Type of Property Is Right for You? section.)
Canceled/De-listed
The seller has canceled the sale. This usually means they’ve decided not to sell it.
Expired
The expiration date that the seller and their agent agreed on to sell the property has passed. At this point, the seller might re-list the property, find a new agent, or take the house off the market.
<< PREVIOUS CHAPTER: Start Your Home Search Online | NEXT CHAPTER: What Are FSBOs? >> |