What is the difference between "pending," "sold," and "off market"?

Mar 18, 2025 ... In simple terms, 'pending' means all those 'ifs,' the contingencies, have been met, and the sale is moving full steam ahead toward closing. The ... Feb 25, 2022 ... A listing will be changed to “pending” when the homeowner has accepted an offer from a buyer. This means they may have negotiated on a price and ... 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 ... Oct 31, 2021 ... Pending in real estate means that potential buyers have submitted an offer on a home and the seller has accepted the buyer's offer. The deal ... Mar 5, 2021 ... A sale pending (or active under contract) status simply means that the home seller has accepted an offer from a potential buyer, but the deal is yet to close. 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 ... Dec 22, 2022 ... What do these mean? In this article, we'll cover how real estate transactions work, the differences between pending and under-contract sales, ... However, the deal hasn't been closed yet, and a property with a pending status can still return to the market. Once a home is pending, sellers cannot legally ... Apr 1, 2022 ... What does pending mean in real estate? Sale pending (or “offer pending”) simply means that a buyer has submitted an offer and the seller has ... A pending contract occurs when an offer presented by the buyer's agent to the listing agent is accepted. Once that offer has all parties' signatures then you ...