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Real Estate Pending Vs. Contingent: MLS Lingo Explained for Sellers

HomeLight

When your home first hits the market, your listing agent will note that it’s “Active,” as in ready and available for showings — but there’s a lot of ground to cover before your agent lists the status as “Closed,” when you have a done deal and you’re ready to hand over the keys. Learn More Contingent or pending, you’re under contract!

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What Does Contingent Mean in Real Estate Sales

Realty Biz

When you begin an online search for a home, you may find some sale statuses you don’t fully understand. It is fairly obvious what is meant when homes have a status of “for sale” or “sold,” but some statuses may not be as clear. For example, if a home sale is contingent or pending, can you still make an offer?

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Contingent vs. Pending: Real Estate Lingo Explained

RIS Media

When your real estate agent puts your home in the multiple listing service, it will have an “Active” status. ” There are other statuses in the MLS listings like “Pending,” “Contingent,” “Coming Soon” and “Expired.” Contingent vs. Pending? Title Contingencies.

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How Fast Can I Sell My House? It Can Take 75 Days or 12

HomeLight

If you need to sell your home pronto, now is a great time. For a seller in a hurry, the shortage of homes means you can anticipate fewer days on market (DOM). Just how fast can you sell your home? This means, using the conventional process, you can generally sell your home in as little as 48-75 days. Traditional Sale.

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How to Sell a House by Owner in Colorado

HomeLight

Year-over-year, monthly sales in the Phoenix metro area were down nearly 25%. Often, the decision to go for sale by owner (or, “FSBO”) is motivated by a desire to save on agent commissions. FSBO is a method of selling your home without the involvement of a listing agent. Quick FSBO overview.

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How to Sell a House by Owner in Florida (2022 Updates)

HomeLight

Early 2022 data from Florida Realtors® indicates a 23% increase in median sales price and a 33.3% Average home sale price in Florida: $530,419 (Jan 2022). FSBO is a method of selling your home without the involvement of a listing agent. Disclaimer : HomeLight does not provide legal advice. Real estate transfer taxes? .

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What You Need to Know If You’re Buying a Home from the Owner

HomeLight

Is it a yard sale? No…it’s a for sale sign!!! You’ve found yourself a FSBO home. What is a FSBO home? A “for sale by owner,” or FSBO (pronounced “fizz-bo”) home, is a home that is being sold by its owner who hasn’t hired a listing agent. In fact, 57% of FSBO sellers knew the buyer of their home.