How Well Do You Know Your MLS Status Definitions?
In this highly competitive market, you don’t want to waste time trying to show houses that aren’t available. And you especially don’t want miss out on back up offers when your listings are under contract but waiting for financing approval. Using the correct status codes in the MLS can make you look like a real estate rock star. If you’re not sure about the difference between a Contingent offer and a Kick Out, or when to change the status to Pending, keep reading. Even better, bookmark this page as a reference so you can ensure your listings always have the correct status in the MLS.
MLS Status Definitions
ACT Active: Property is available for sale and must be available for showings. Will expire on the
original expiration date the agent entered.
CON Active Contingent: Seller has accepted an offer but has requested that property remain
available for showings and Seller will entertain backup offers. Will expire on the original expiration date the agent entered.
OPT Active Option Contract: Seller has accepted an offer but the Buyer is exercising the option period from the sales contract. Still available for showings and backup offers. Will expire on the original expiration date the agent entered.
KO Active Kick Out: Property has an offer contingent upon the sale of another property by buyer. (Refer to TAR Form 1908) Still available for showings and backup offers. Will expire on the original expiration date the agent entered.
PND Pending: Property has an offer (Contract with no contingencies, Kick Outs or Options). The seller requests no further showings and does not want to entertain backup offers. Pending listings do not expire and will stay pending until closed.
WTH Withdrawn: Based on the terms agreed to between the Seller and the Listing Broker in the “Termination of Listing Form” (TAR Form 1410) the property is no longer available for showings. Due to the conditions of the “Termination Form” the property cannot be re-listed with another broker. Will expire on the original expiration date the agent entered.
CAN Cancelled: Based on the terms agreed to between the Seller and the Listing Broker in the
“Termination of Listing Form” (TAR Form 1410) the property is no longer available for showings. There were NO conditions in the “Termination Form”. The seller is free to re-list their property with another broker.
TOM Temp Off Market: Owner has a reason they would not like to show the property for a period of time but they are still under a listing agreement. Temporarily off market used for various reasons (i.e. remodeling, owner illness, etc) THIS IS A TEMPORARY STATUS and should not be used in place of the Cancelled or Withdrawn status. Will expire on the original expiration date the agent entered.
EXP: Listing has expired
SLD: Listings has sold closed