How do you check the status of house when it’s currently listed on the market? This is one of the most frustrating things when you are searching for a home & keep hearing “that home has an accepted offer.” Now, what do you need to do in order to check the status for yourself? I will dive on into detail down below on this topic.
Finding “Status” on Most Home Search Websites
On most of the national websites such as realtor.com, Zillow, Trulia, homes.com, all of those, some of those sites report the current status and some do not. My favorite and the one I always tell potential home buyers to go to is Realtor.com. Realtor.com has an updated feed that feeds right from the realtor’s MLS (multiple listing service) and is updated every five minutes. That is always the most up to date site & my recommendation for searching for new homes!
What Does Contingent Mean?
When it reads contingent, that means the property does have an accepted offer. An accepted offer means the property owner accepted a potential home buyers offer & now is waiting for contingencies to be satisfied & the loan to close. Typically this process can take 30-45 days.
If it says, “Active, no offer”, that means the home is available. I know this can be confusing & time consuming when searching for potential homes, but I do believe it is valuable for you to know :).
Another option is to ask your real estate agent that you’re currently working with, & they can give you the status of a property. The MLS is the system where all statuses are reported, so if the listing Realtor does not report anything, then it will still show as active. If you are in love with a property that has an accepted offer, ask your Realtor to reach out to that agent to see how things are looking on the current transaction. Something could go south & the house may go back on the market!
How Can I Help?
If you are new to the home buying process & looking for assistance, I would love to help you. Buying your first house, or buying even another home can be stressful & annoying when you are looking at all these properties, but they have accepted offers on them. So like I said, check out realtor.com, or get in contact with your local real estate agent who is knowledgeable on the subject.
Best of luck searching for your next house. If I can be a resource at all, feel free to give me a call, or fill out the form down below on this page. Again, my phone number is (920) 252-2864