Backup offer Finance MLS Short sale 
Point2Homes
DECEMBER 8, 2020
Homes for sale may be subject to different contingent statuses, which may also be referred to differently, according to the individual multiple listing service (MLS). A backup offer is not uncommon in real estate sales. Short Sale. Notably, short sales don’t have the best completion percentage.
HomeLight
JULY 6, 2023
That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. An offer has been accepted, and the sale is expected to close.
Expert insights. Personalized for you.
145 
Let's personalize your content