You are driving through a nice neighborhood looking for houses for sale when the House For Sale sign waves at you in the gentle breeze begging you to call. You dial the number on the sign and the Realtor® says, “I’m sorry that house is Pending.” What exactly does it mean when a house is “pending.” Pending refers to the sale status of the home in most local Multiple Listing Services (MLS). There are several. “Active” means the Seller is actively looking for a Buyer. You are in luck! That home is available! “Pending” means that the Seller has found a willing and able Buyer and they have signed a purchase agreement. The home is no longer available. “Back-Up” means that the Seller and a Buyer have come to terms but Seller want to accept back-up offers, just in case Buyer fails to perform. “Sold” means that the Seller and Buyer have come to terms. The deal is done and recorded in the Buyers name. Here is how you can avoid the frustration of constantly finding Pending homes. Have your Realtor® email you Active listings as soon as they come on the Market It is an automated process that happens as soon as the property goes Active. Don’t rely on Internet search services because by the time it appears on those sites it is old information. Get your information directly from your Realtor® and the local MLS. Your Realtor® probably has a smart phone app that can give you good information so that when you pull up in front of a home with a sign the app can tell you if it is Active and all the details! Ask your Realtor® for the app. Don’t have a Realtor®? Call me and I will hook you up with one wherever you live. Don’t be caught Pending, get Active!
1. Home prices will finally calm downReal estate values have been on t
"Working with Jennifer Martin and her entire team in order to sell my home and
find a new home was a great experience! They were warm, friendly, helpful
and very responsive to the many questions and concerns I had throughout the
process. I felt like I was well represented and could trust them completely.
There is a definite feeling of family in working with Jennifer and her team. I
took comfort in knowing that Jennifer and her team have so much real estate
experience and could handle any challenge that arose.
Having never sold a home before, and not knowing what to expect, I could not
have been more pleased with the outcome. Both the purchase and sale of my
home were handled very efficiently. I would highly recommend Jennifer Martin
and her team for all your real estate needs.
Working with Gene O’Brien at Platinum Mortgage was also an absolute pleasure.
Gene makes you feel like he is advocating for you and you feel like a friend
instead of a customer."