What are some common misunderstandings about the pending status in real estate?

The Pending Home Sales Index (PHS), a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts. In real estate, “pending” refers to a property that is under contract to be sold. This means that the seller has accepted an offer from a buyer, ... When a listing says “sale pending,” that means that a buyer has offered to purchase the home, the seller and the buyer have agreed to terms on that purchase. Mar 28, 2025 ... In real estate, a “pending” status means that the seller has accepted an offer and all requirements have been met. While the sale isn't final ... Mar 28, 2023 ... When a property is in a 'pending' status, the sale will likely be completed soon. All contingencies have been satisfied, allowing for a smooth transaction. Oct 6, 2023 ... If this appears, it means that there is a fault or user error, so a listing has remained in “pending” status for more than 4 months. This ... Jul 8, 2023 ... The main difference the seller is not interested in entertaining any backup offers and the home is no longer available to show. Sometimes we ... 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 ... A pending status in real estate means that all contingencies have been resolved, and the sale is moving toward closing. At this point, the property is typically ... Mar 9, 2024 ... Pending means a buyer's offer has been accepted by the seller, and all contingencies outlined in the contract have been met.