Active - An active listing is one that is on the market and available for showings.
The following are Change Types within the Active category:
- New- a listing that has been on the MLS for 14 days or less.
- BOM (Back on Market)- a listing that was off market (DEPOSIT, WITH, TEMP) and then comes back on the market and is once again available for sale. This also applies to SHOW listings , even though it is technically considered an available for sale status.
- RAIS (Price Increase)- a property where the price was increased.
- REDC (Price Decrease)- a property where the price was decreased.
Each Change Type lasts 14 days, after which it goes back to plain old Active.
Cancelled- The status of a listed property where the Listing Agreement has been terminated prior to its expiration date.
Closed - Transaction has completed. Seller no longer holds title to the property.
Deposit - The status of a listed property when the Seller and the potential buyer of the listed property either (i) have executed and delivered a purchase and sale agreement or, if earlier, (ii) have executed and delivered a written bilateral offer to purchase, and, in either case, the Seller has not requested that the Listed Property remain marketed for back-up offers. Each DEPOSIT Listing shall be considered to be “off market”. DEPOSIT listings do not expire.
Expired - Listing is off the market following the expiration date of the listing agreement.
Show - Means that either (i) have executed and delivered a purchase and sale agreement or, if earlier, (ii) have executed and delivered a written bilateral offer to purchase, and, in either case, contingencies remain and the Seller requests that the Listed Property remain on market for backup offers. If a listing is in the SHOW status, it must be available to be shown to interested buyers. If it will not be available for showings, it should be in the DEPOSIT status. SHOW listings do expire upon their expiration date.
Temp Off Market - Temporarily unavailable to be shown but expected to be active in the near future. Temp Off Market listings do expire upon their listing expiration date.
Withdrawn- Shall mean the status of a listed property that is temporarily taken off the market. (WITH) Listing remains subject to the terms and conditions of its original Listing Agreement and, as such, expires at midnight on the expiration date of the Listing Agreement.