I am pretty frustrated with “contingent” status on the MLS. I think the intent was good but there are so many listing agents not using it, that the effectiveness is shaky at best.
I run across countless listings from the cookie cutters who play the game of sending in an offer for a short sale but then keeping the listing on active status in order to receive more offers. They do not fill in various mandatory remarks, it is just discouraging for buyers.
There are other listings in active status that have remarks in the confidential remarks that say no more showings, accepted offer sent into lender for review.
The bottom line is that it leads to lots of mis-information and ultimately confuses and pisses off buyers.
That some listings that are on the MLS as Active are not really active. They either are not having any more showings and/or are not taking any more offers. Then there are the short sales offered by some of the bulk brokerages, where they are listed as active, they have already submitted offers to the lender and they will simply collect offers. Once the lender responds back they will counter all offers with highest and best, then select one.
That some listings that are on the MLS as Active are not really active. They either are not having any more showings and/or are not taking any more offers. Then there are the short sales offered by some of the bulk brokerages, where they are listed as active, they have already submitted offers to the lender and they will simply collect offers. Once the lender responds back they will counter all offers with highest and best, then select one.
That some listings that are on the MLS as Active are not really active. They either are not having any more showings and/or are not taking any more offers. Then there are the short sales offered by some of the bulk brokerages, where they are listed as active, they have already submitted offers to the lender and they will simply collect offers. Once the lender responds back they will counter all offers with highest and best, then select one.
That some listings that are on the MLS as Active are not really active. They either are not having any more showings and/or are not taking any more offers. Then there are the short sales offered by some of the bulk brokerages, where they are listed as active, they have already submitted offers to the lender and they will simply collect offers. Once the lender responds back they will counter all offers with highest and best, then select one.
That some listings that are on the MLS as Active are not really active. They either are not having any more showings and/or are not taking any more offers. Then there are the short sales offered by some of the bulk brokerages, where they are listed as active, they have already submitted offers to the lender and they will simply collect offers. Once the lender responds back they will counter all offers with highest and best, then select one.
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