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Will a House With an Offer On It Be Removed From the MLS? Agents Explain How It Works

HomeLight

One term you’ll likely hear often during the homebuying process is “MLS,” which stands for multiple listing service. The MLS is a real estate database of all the homes in your area that are currently for sale, pending sale, or have recently been sold, and so much more. Will a house with an offer on it be removed from the MLS?

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Agent Spotlight: Christine Bova

First Team Real Estate

FirstTeam Real Estate agent Christine Bova closed an impressive $5 million in total transactions for the month of April, placing her among the top-performing agents in our Huntington Beach Seacliff Office. ” What sets you apart from other agents in the industry?

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What Buyers Can Do in an Extreme Sellers’ Market

Realty Biz

Here is some bright news for buyers, according to Realtor.com, new MLS listings were up in early to mid-April by about 40% over last year. Then the residential market rebounded quickly. The market remains tight and expensive but it could be opening up to at least give buyers a larger selection to choose from. at $329,100.

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8 Demands Every Homebuyer Should Make Of Their Real Estate Agent

First Team Real Estate

In today’s active seller’s market with multiple offers, as a homebuyer, you need to make sure you’ve found an agent who’s truly committed to helping you find your next home at favorable terms. You deserve an agent who listens, understands, and develops a plan of action personalized to you.

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What Does Contingent Mean in Real Estate Sales

Realty Biz

How your real estate agent markets your property when an offer has been accepted can have vital implications. For example, some agents will mark your home contingent, while others will mark pending. They will also get their earnest money deposit back , and the home will go back on the market.

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The Meaning of Active Under Contract Explained

Realty Biz

In other locations, the sale may be referred to as being contingent in the multiple listing service (MLS). During this time, the seller can still accept backup offers from other interested parties. It is not uncommon in real estate markets where home values are rising quickly for appraisal problems.

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What is a Contingent House Listing?

Point2Homes

Therefore, if you find a property that you really want to purchase but has been marked as “contingent,” it could be well worth your time to have your real estate agent check into where things are in the transaction. A backup offer is not uncommon in real estate sales. Is it Possible to Make an Offer on a Contingent Home?