Skip to main content

Listing Statuses in Perchwell

In this article, you’ll find the Listing Statuses and what they mean.

Status

Definition

Active

The listing is on market and an offer has not been accepted. Seller/lessor is allowing showings and soliciting offers through the MLS.

Active Under Contract (Replaces Contingent on Sale)

An offer has been accepted but the listing is still on market. Seller/lessor is allowing showings and soliciting offers through the MLS.

Active New Construction (Now: Active listing with the Construction Status = Under Construction)

New construction listings that have broken ground and construction is underway do not accrue days on market. Properties can stay in this status for 180 days or less. Once the listing reaches 180 days, Paragon will automatically change the status to active and days on market will reset to zero. The listing agent can manually change the listing to active if the certificate of occupancy is received within the 180-day period.

Cancelled

The listing contract has been terminated. Only broker and Office Administrators may change a listing to a cancelled status.

Closed

The purchase agreement has been fulfilled and the title transferred.

Coming Soon

The purchase agreement has been fulfilled and the title transferred.

Expired

The listing contract has expired.

Leased

The lease agreement has been executed.

Pending

An offer has been accepted and the listing is no longer on the market.

Temporarily off the Market

The listing was taken off the market temporarily, however, there is still a valid listing agreement in place between the broker/agent and seller.

Withdrawn

The listing has been withdrawn from the market, with no intention of returning to active, but a contract still exists between the seller and broker.

Did this answer your question?