How can buyers and sellers protect their interests during the pending phase of a real estate transaction?

Mar 27, 2014 ... It would be against most MLS's rules to make it Pending when there is no contract on the house and probably unethical by the listing agent. Sep 13, 2023 ... Under contract comes right after a buyer's offer is accepted, while pending sale is the last stage before finalizing a deal. While contracts can ... Aug 27, 2024 ... When you see a property listed as "pending," it means that a buyer has made an offer on the house, and the seller has accepted it. However, the ... Mar 31, 2022 ... In most cases no. A status of pending usually means that the buyer has passed all the requirements necessary and are just waiting to close. If ... Mar 31, 2016 ... The fundamental meaning of Pending is the period where the funds being used to purchase the property are in process of being released to the seller. Jun 26, 2023 ... When a home sale is marked as pending, it signifies that the seller has accepted an offer from a buyer. It also means the property is no longer ... When a property is pending, the seller has accepted an offer and the sale is in progress but not finalized. The term implies that certain contingencies have ... May 17, 2021 ... You might also hear terms like “under contract” (meaning the house sale's contract is in process) or “closing period” (referring to the weeks ... What does pending mean in real estate listings? Basically, sale pending—or offer pending—means a buyer has submitted an offer on the home and its seller has ... Aug 16, 2024 ... What Does Pending Mean in Real Estate? ... In real estate, "pending" indicates that a seller has accepted a buyer's offer and both parties have ...