Listing Status Terms Defined
You have been searching properties on the internet for months and now you are ready to jump in and start a serious search for your new home. The properties that fit your criteria and budget have various status notes on them that keep changing and some properties disappear from the searches all together. What does all this mean?
Most common Status
- Contingent – show
- Contingent – No show
- BOM – back on market
When a house is listed, the original status is ACTIVE. The status will remain active until the house receives offers and a contract is ratified or the house is pulled off the market.
Once a contract is ratified the status will…