- Active/Pending = Usually that means the seller would like to get more offers. Savvy agents want back-up offers in place. If you made an offer to purchase a property and the seller agreed to the price, but already has a buyer in contract, you would be the 1st position back-up buyer.
Hours Worked Hours Worked | Bleakley Platt & Schmidt, LLP | New York Labor and Employment Attorneys. Employees must be paid for all of the hours that they are required to be on the employer's premises, on duty or at a prescribed work place. What Does a Pending Status on a House Mean? What Does a Pending Status on a House Mean? Brokers must report when the status of a home for sale changes. Real estate brokers must accurately report the status of a property listing to the multiple listing service, usually spoken of as MLS. Brokers rely heavily on the MLS to market listings and find interested buyers. As a member of an MLS, a listing broker must comply with certain rules and regulations. - For Sale: Properties which are available for showings and purchase. Active Contingent: Properties which are available for showing but are under contract with another buyer. Pending: Properties which are under contract with a buyer and are no longer available for showings. Sold: Properties on which the sale has closed. What Does Sale Pending Mean in Real Estate? Typically, the buyer has a week or two to do the inspection and a few weeks to get an appraisal and loan. During this period, the seller can’t enter into an agreement with another buyer, even though the sale hasn’t closed. This means another interested buyer could make a “back-up” offer. That way, if the first offer collapses, the seller has a back-up offer ready to go. A True Home, Pending Sale. A pending sale has had all contingencies removed. What is a root canal? The cost of root canals varies depending on the tooth and whether it is being treated by a general dentist or an endodontist. Molars have more canals that need to be filled, so they are more expensive, and endodontists typically charge more due to their specialty training. Whatâs the Difference Between Contingent and Pending Listings? When a listing has changed status to “pending”, the seller has accepted an offer. This is an off-market status. Pending listings are much more common than contingent listings, since it just means the seller and buyer have agreed to the initial terms in the residential purchase agreement. Active Status? Pending Status? This status may also be used to indicate the property is a short sale with an accepted offer. Pending w/o release, continue to show (PS) or (Pend w/S) – Accepted offer on the property, still showing to prospective buyers for offers in back-up position to the first accepted offer. What Do All Those Real Estate Listing Terms Really Mean? If your offer is accepted as a backup, you’re in line to go under contract if the first sale falls through. Pending, showing for backup This means the property's owners are actively taking backup offers in case the first one falls through. Sale pending? · just now. 1  Sale pending means that there is a transaction that is going through Escrow but that has not closed yet. 2  Sale pending can mean anything from an offer being accepted or contracts signed. 3  It means the buyer and seller have agreed on a contract, but closing has not happened yet. "What does ""option pending"" mean on a real estate listing?" What does option pending mean on a real estate listing? I've been looking for houses on the internet, and came across several listings that said option pending. Does it mean there's an offer on the house and it's pending approval? 2 following. - Other types of active statuses may be New or Price Change.. New means that the listing has been on the market for 3 - 7 days; Price Change means that the listing experienced a price decrease or increase within the past 3 - 7 days. There may be different types of active listings, depending on the MLS. Does 'Pending Contact Request' under a contact in skype mean that they have blocked me? up vote 1 down vote. Pending request-It means that the person has just removed you from their Skype contact list but hasn't blocked you. You can however send them messages to them but can't call them. The person can call you if they want. You can send friend request again, if they removed you from contact list by mistake. "What does ""Pending"" mean? Is there a problem?" According to our documentation on payment statuses, Pending means: This is a payment that has begun, but is not complete. An example of this is someone who has filled out the checkout form and then gone to PayPal for payment. We have the record of sale, but they haven't completed their payment yet. This means that Pending isn't inherently a problem, but it can be an indication of some other problem. "What does ""Contingent"" mean for a listing status?" Most of these are self-explanatory…. 1  Active means that the property is for sale. 2  Come on over and make us an offer. 3  Subject to Inspection means that a buyer’s offer is pending their inspection. - Homes with a Make Me Move® price indicate the amount the owner(s) would be willing to sell for. They are exclusive to Zillow and a great way to learn about homes before they hit the market. A pending listing means a seller has accepted an offer from a buyer. In some cases, the seller will accept backup offers. MLS Rules & Regulations FAQ YES, MLS rules require that if a seller has signed acceptance of an offer, the listing status must be changed to Contingent or Pending. Lender approval of a “Short Sale” is treated as a contingency and does. not change the timing of the required change to Contingent or Pending status. Under Contract: âContingentâ vs. âPendingâ “Contingent” means it can be shown. “Pending” means it cannot be shown, although there may still be contingencies. Contingent : Contingent status indicates that a property under contract is subject to an additional contingency or condition, i.e. “Contingent Sales Addendum”, Due Diligence Period, etc. - Payments to some eBay sellers may be shown as pending in your PayPal account, and may not be available for a period of time to allow for successful fulfillment. Common reasons your funds might be pending. These are the most common reasons your funds would be unavailable for a period of time: 1  You're a new seller or have limited selling history, which means you have not yet met all of the following criteria: It's been more than 90 days since your first successful sale. You've made more than 25 sales transactions. what is the definition of pending litigation Would that Pending litigation refers to any suits which have been filed, but remain unresolved. A notice of claim could be included, if that referenced a notice of claim which had been filed in court.It appears that you may be referring to lis pendens which is filed with real property records to place potential buyer's on notice of pending litigation involving the real property. Thank you.his is in reference to a Homeowners Association filing a claim with the builder under the 10 year time frame. (Sec 1375) No formal complaint has been filed. They are in the pre-litigation stages. Under Contract: âContingentâ vs. âPendingâ A listing in Contingent status will not expire at the end of the listing contract term. Pending: Pending status indicates that a property is under contract and is not available for showings. Listings in this status may include contingencies. The listing will not expire at the end of the listing contract term. - What does pending disposition mean in legal terms? A pending disposition in legal terms means that no decision has been reached yet. When someone is arrested and they have a pending disposition, it means that it has not ye … t been determined whether they have actually committed a crime or not. Why is the order status pending? For some purchases, such as services, rentals, or hotel stays, the seller will complete the payment after your purchase is fully delivered. The status of an order will continue to display as pending until it expires, is completed, or has been voided. What does pending mean? im asking what pending is because im installing some games on my laptop and all it says is its pending What is a pending transaction? Pending transactions include credits and debits that have not yet posted to your account. They may also include holds applied to certain transactions or your balance. Pending transactions are listed in lowest to highest dollar amount order, and are not listed in the order that they post to your account. Option Pending vs Pending continue to show OP - Option Pending - Listings that are under contract and the seller and buyer have agreed to use the “Termination Option” in paragraph 23 of the standard TREC contract. PS - Pending Continue to Show - Used for listings currently under contract but are still available to show.