Bay Area Real Estate Information Services, Inc. |
BAREIS Status List & Definitions
(The
correct Status must be entered per |
Status |
Abbreviation |
Definition |
|
Active |
A |
This listing is currently for sale. |
|
All Contingent status listings will change to Expired upon the expiration date of the listing. |
||
|
Contingent - Release
|
This
listing has an accepted offer on it which contains a release clause in the
sales contract. As an example, the buyer has a home to sell with 72 hours to
release contingency. |
|
| Contingent - Show | CC |
This
listing has an accepted offer on it with contingency provisions such as
financing and will remain on the market as contingent upon the existing
offer falling through. The listing agent would like it to be shown by other agents to
obtain back-up offers. |
| Contingent - Probate |
This
listing is a probate sale - it has an offer on it, but the Probate Courts
may accept a higher offer through the leaning process. |
|
|
Pending
|
P |
There
is an accepted offer on this listing. This listing is being taken off the
market pending the close of escrow on the existing offer. Listings with a
pending status will not expire upon the expiration date of the listing. |
| Sold | S |
This
listing has closed escrow and is now permanently Off the Market. |
| Temp off Market | WT |
The
listing is being taken temporarily off the market as an Active listing
at the request of the Broker/Seller under the condition that their listing
agreement remains valid and in full effect. Listings with a Temp off Market
status will change to expired upon the expiration date of the
listing. |
| Withdraw Cancel | WC |
The
listing is being Withdrawn from the market, at the request of the
Broker/Seller. In addition, the Broker/Seller have agreed to unconditionally
cancel their listing agreement releasing all parties from any and all
contractual obligations. |
| Expired | This listing is Off the Market. It has reached its expiration date. The Listing Agreement between the Broker and Seller has Expired. An Expired listing can be changed to Active by the listing broker within 7 days, or by BAREIS staff within 30 days. | |
| Leased/Option |
The
listing is being Withdrawn from the market as the Seller has received an
offer and has agreed to enter into a Lease/Option Agreement with the
prospective buyer. |
|
| Leased/Rented |
This
Listing is Off the Market since it has been successfully Leased/Rented. |
|
|
Copyright @ 2008 by Bay Area Real Estate Information
Services, Inc.
All rights reserved.
|